| Launch date | 27 May 2024 |
| Allotment date | 18 Jun 2024 |
| End date | 10 Jun 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.79%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 180 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Satish RamanathanOct 2024 - PresentView details
Asit BhandarkarMay 2024 - PresentView details
Ruchi FozdarOct 2024 - PresentView details
Deepak GuptaApr 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #32 in India |
|---|---|
| Total AUM | ₹13,300.50Cr |
| Date of Incorporation | 15 Sep 1994 |
|---|
JM Small Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 15 Sep 1994. Satish Ramanathan is the Current Fund Manager of JM Small Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,300 Cr and the Latest NAV as of 02 Apr 2026 is ₹8.68. The JM Small Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. Exit load of 1%, if redeemed within 180 days. ;
Investment Objective
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities of small cap companies, as defined by SEBI. ;
| Fund benchmark | NIFTY Smallcap 250 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Small Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Bandhan Small Cap Fund Direct Growth | 5 | 4.0% | 29.4% | 20,474.12 |
Invesco India Smallcap Fund Direct Growth | 5 | 3.4% | 22.6% | 9,716.40 |
Nippon India Small Cap Fund Direct Growth | 4 | 0.7% | 19.3% | 67,641.50 |
Quant Small Cap Fund Direct Plan Growth | 4 | -0.6% | 19.1% | 27,653.65 |
Axis Small Cap Fund Direct Growth | 4 | 0.2% | 16.7% | 26,007.72 |