JM Large Cap Fund (Regular) - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Over 32 years of operational history across different market cycles.
- 5-Year CAGR of 9.35% demonstrates steady long-term compounding.
- Expense ratio (2.69%) is higher than category median (2.29%), which creates fee drag over time.
- Experienced a maximum drawdown of -71.8% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +10.11% | +10.11% | 0.00% |
| 3 Months | +1.39% | +2.34% | -0.95% |
| 6 Months | +7.06% | +7.43% | -0.37% |
| 1 Year | +0.80% | +1.45% | -0.65% |
| 3 Years CAGR | +10.80% | +11.11% | -0.31% |
| 5 Years CAGR | +9.35% | +8.67% | +0.68% |
| 7 Years CAGR | +13.00% | +12.38% | +0.62% |
| 10 Years CAGR | +11.43% | +12.11% | -0.68% |
| Since Inception | +7.82% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in JM Large Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +0.14% | +0.43% | -0.29% |
| 2025 | +3.82% | +7.29% | -3.47% |
| 2024 | +15.12% | +14.09% | +1.03% |
| 2023 | +29.58% | +23.37% | +6.21% |
| 2022 | +3.40% | +1.44% | +1.96% |
| 2021 | +23.20% | +25.31% | -2.11% |
| 2020 | +18.11% | +14.56% | +3.55% |
| 2019 | +4.90% | +12.01% | -7.11% |
| 2018 | +0.80% | -0.64% | +1.44% |
| 2017 | +20.86% | +30.38% | -9.52% |
| 2016 | +1.82% | +3.25% | -1.43% |
| 2015 | -1.26% | -0.48% | -0.78% |
| 2014 | +45.48% | +38.97% | +6.51% |
| 2013 | +1.69% | +6.63% | -4.94% |
| 2012 | +29.50% | +28.47% | +1.03% |
| 2011 | -30.99% | -22.55% | -8.44% |
| 2010 | +12.94% | +17.67% | -4.73% |
| 2009 | +60.39% | +77.18% | -16.79% |
| 2008 | -61.54% | -50.30% | -11.24% |
| 2007 | +46.75% | +60.42% | -13.67% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -64.48% | +10.65% | +6.70% | +104.82% | 73.0% | 42.4% |
| 3-Year Rolling | -14.19% | +8.98% | +9.95% | +24.26% | 81.9% | 44.1% |
| 5-Year Rolling | -9.57% | +8.95% | +10.24% | +20.92% | 87.4% | 24.6% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2008-01-02 | 2009-03-05 | -71.8% | 14 months | 98 months |
| 2006-05-10 | 2006-06-14 | -31.0% | 1 months | 4 months |
| 2007-02-06 | 2007-04-02 | -22.5% | 2 months | 3 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & equity related instruments of large cap companies* | 80%-100%, Money Market Instruments / InvITs/ Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds^- 0%-20% *The scheme will be investing predominantly in large cap stock as per para no 3.9.1(a) of SEBI Master Circular no. HO/24/13/11(1)2026-IMD-POD-1/I/7602/2026 dated March 20, 2026. Large Cap has been defined as 1st-100th company in terms of full market capitalization. ^Any other security as may be permitted by SEBI/ RBI from time to time. Other Liquid instruments includes cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI. The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund. |
Investment Objective & Strategy
The investment objective of the scheme is to provide optimum capital growth and appreciation.There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 381 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Large Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Large Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund | 4.3 | +10.46% | 1.68% | 96.7% | Rs 38,897 cr | Compare → |
| ITI Large Cap Fund | 3.4 | +10.64% | 2.61% | 99.0% | Rs 380 cr | Compare → |
| Edelweiss Large Cap Fund | 4.5 | +10.72% | 2.36% | 95.1% | Rs 1,507 cr | Compare → |
| HDFC Large Cap Fund | 5.0 | +10.25% | 1.56% | 93.6% | Rs 40,757 cr | Compare → |
| SBI Large Cap FUND | 5.2 | +10.87% | 1.48% | 88.8% | Rs 56,762 cr | Compare → |
Frequently Asked Questions about JM Large Cap Fund
What is the expense ratio of JM Large Cap Fund?
JM Large Cap Fund has a total expense ratio (TER) of 2.69% with a base expense ratio of 2.1%, compared to the Large Cap category median of 2.29%.
Who manages JM Large Cap Fund?
JM Large Cap Fund is managed by Deepak Gupta (tenure: 1.8 years since 2025-01-27).
What are the historical returns of JM Large Cap Fund?
JM Large Cap Fund delivered a 3-year CAGR of 10.8% and a 5-year CAGR of 9.35%. Its 1-year return stands at +0.80%.
How large is JM Large Cap Fund?
JM Large Cap Fund manages assets of Rs 381 cr, placing it in the 'small' size band relative to Large Cap peers.
How is JM Large Cap Fund scored on MFIQ?
JM Large Cap Fund holds an MFIQ Score of 2.9/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is JM Large Cap Fund?
JM Large Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 15.14% with a maximum historical drawdown of -71.81%.