MF Gyan
mid capHigh risk4 years oldAccelerating recently (last 6m ≈ 46% p.a.)

JM Mid Cap Fund - Direct Plan - Growth Option

Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings. From JM Financial Mutual Fund. It's been running since 25 Nov 2022.

Latest price per unit
₹22.76
▼ 0.29% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.13 L
▲ ₹13.3k gain · 13.3% / year
Invested 3 years ago
₹1.71 L
▲ ₹70.8k gain · 19.5% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.21 L
Gain / loss+₹41.1k
XIRR (annualised)14.54%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.27 L
Projected gain*+₹46.7k
*at this fund's historical rate of 14.54% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 25 other funds in Equity Schemes - Mid Cap Fund

Same plan
1-year return
13.31%median 12.36% (+0.95%)
Rank #12 of 26Beats 52% of peers
3-year return
19.54%median 18.69% (+0.84%)
Rank #6 of 26Beats 74% of peers
Bumpiness (3Y)
17.89%median 16.63% (+1.26%)
Rank #20 of 26Less risky than 17% of peers
Worst-ever drop
-22.54%median -23.64% (+1.10%)
Rank #17 of 26Less risky than 36% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 5 years were positive.

-0%
2022
+47%
2023
+37%
2024
-2%
2025
+14%
2026
Best year
2023 · 47.09%
Worst year
2025 · -1.83%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
17.9%

The value swings roughly 18% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-22.54%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of JM Mid Cap Fund - Direct Plan - Growth Option against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year13.31%
CAGR — 3 years19.54%
CAGR — 5 years—
CAGR — since launch24.21%
Volatility — 1 year (annualised)17.10%
Volatility — 3 years (annualised)17.89%
Max drawdown — 1 year-15.44%
Max drawdown — 3 years-22.54%
Sharpe ratio — 1 year (rf=6%)0.40
Sharpe ratio — 3 years (rf=6%)0.69

Fund info

Fund house
JM Financial Mutual Fund
Category
Equity Schemes - Mid Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF192K01MV6
ISIN (Div re-invest)
—
Fund code
150815
First price on record
25 Nov 2022 · 931 daily prices

About JM Mid Cap Fund - Direct Plan - Growth Option

JM Mid Cap Fund - Direct Plan - Growth Option is a Equity Schemes - Mid Cap Fund offered by JM Financial Mutual Fund under the Direct plan with the Growth option. It has approximately 4 years of NAV track record. The fund falls in the mid cap category — Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

The current NAV of JM Mid Cap Fund - Direct Plan - Growth Option is ₹22.7600 (as of 4 Sep 2026). Historically, it has delivered 13.30% over the last year, 19.54% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 17.9% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 22.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of JM Mid Cap Fund - Direct Plan - Growth Option?+

The latest NAV of JM Mid Cap Fund - Direct Plan - Growth Option is ₹22.7600 as of 4 Sep 2026, down 0.29% from the previous day. NAV is updated once a business day after the market close.

What are the returns of JM Mid Cap Fund - Direct Plan - Growth Option?+

JM Mid Cap Fund - Direct Plan - Growth Option has delivered 1-year return 13.30%, 3-year CAGR 19.54%, since-inception CAGR 24.21%. Returns are historical and don't predict future performance — markets move in cycles.

What category does JM Mid Cap Fund - Direct Plan - Growth Option belong to?+

JM Mid Cap Fund - Direct Plan - Growth Option is categorised as Equity Schemes - Mid Cap Fund. Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

How risky is JM Mid Cap Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 17.9%, JM Mid Cap Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is JM Mid Cap Fund - Direct Plan - Growth Option a direct plan?+

JM Mid Cap Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is JM Mid Cap Fund - Direct Plan - Growth Option?+

JM Mid Cap Fund - Direct Plan - Growth Option has NAV history available from 25 Nov 2022 — approximately 4 years of track record and 931 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.