JM Flexi Cap Fund (Regular) - Growth option
Beginner-friendly💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 91% of historical 3-year rolling periods.
- Over 18 years of operational history across different market cycles.
- Downside capture of 109% indicates larger drops during broader market downturns.
- Experienced a maximum drawdown of -42.4% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.40% | +6.72% | -0.32% |
| 3 Months | +0.28% | +0.95% | -0.67% |
| 6 Months | +7.78% | +7.48% | +0.30% |
| 1 Year | +4.09% | +3.87% | +0.22% |
| 3 Years CAGR | +13.48% | +12.91% | +0.57% |
| 5 Years CAGR | +13.74% | +9.13% | +4.61% |
| 7 Years CAGR | +16.60% | +13.79% | +2.81% |
| 10 Years CAGR | +15.79% | +13.48% | +2.31% |
| Since Inception | +13.72% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in JM Flexi Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +4.94% | +3.55% | +1.39% |
| 2025 | -6.83% | +3.91% | -10.74% |
| 2024 | +33.26% | +18.52% | +14.74% |
| 2023 | +39.99% | +28.78% | +11.21% |
| 2022 | +7.84% | -1.11% | +8.95% |
| 2021 | +32.94% | +32.43% | +0.51% |
| 2020 | +11.38% | +14.34% | -2.96% |
| 2019 | +16.62% | +10.28% | +6.34% |
| 2018 | -5.39% | -7.49% | +2.10% |
| 2017 | +39.49% | +37.90% | +1.59% |
| 2016 | +10.54% | +4.05% | +6.49% |
| 2015 | -2.75% | +1.06% | -3.81% |
| 2014 | +55.96% | +54.77% | +1.19% |
| 2013 | -0.21% | +4.75% | -4.96% |
| 2012 | +33.04% | +32.18% | +0.86% |
| 2011 | -36.05% | -25.47% | -10.58% |
| 2010 | +5.40% | +15.86% | -10.46% |
| 2009 | +82.55% | +83.98% | -1.43% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -36.34% | +17.03% | +9.79% | +145.30% | 70.2% | 61.0% |
| 3-Year Rolling | -11.36% | +14.76% | +15.98% | +32.88% | 86.4% | 91.1% |
| 5-Year Rolling | +1.58% | +15.08% | +15.40% | +31.26% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2010-10-06 | 2011-12-20 | -42.4% | 14 months | 29 months |
| 2008-09-25 | 2008-10-27 | -40.1% | 1 months | 6 months |
| 2020-02-12 | 2020-03-23 | -35.0% | 1 months | 8 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related instruments | 65%-100%, Money Market Instruments / InvITs/ Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds^ - 0%-35%. ^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
JM Flexi Cap Fund is an open-ended diversified equity fund which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market capitalisation.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 5,194 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Flexi 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 Flexi Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| CANARA ROBECO FLEXI CAP FUND | 4.9 | +12.58% | 1.83% | 94.5% | Rs 13,942 cr | Compare → |
| BANDHAN Flexi Cap Fund | 4.5 | +12.00% | 2.18% | 84.6% | Rs 7,747 cr | Compare → |
| Taurus Flexi Cap Fund | 3.4 | +13.47% | 2.72% | 100.6% | Rs 407 cr | Compare → |
| DSP Flexi Cap Fund | 4.5 | +11.81% | 1.86% | 101.3% | Rs 12,622 cr | Compare → |
| Mirae Asset Flexi Cap Fund | 5.9 | +13.09% | 2.09% | 88.0% | Rs 4,777 cr | Compare → |
Frequently Asked Questions about JM Flexi Cap Fund
What is the expense ratio of JM Flexi Cap Fund?
JM Flexi Cap Fund has a total expense ratio (TER) of 2.26% with a base expense ratio of 1.59%, compared to the Flexi Cap category median of 2.17%.
Who manages JM Flexi Cap Fund?
JM Flexi Cap Fund is managed by Satish Ramanathan (tenure: 5.2 years since 2021-08-20).
What are the historical returns of JM Flexi Cap Fund?
JM Flexi Cap Fund delivered a 3-year CAGR of 13.48% and a 5-year CAGR of 13.74%. Its 1-year return stands at +4.09%.
How large is JM Flexi Cap Fund?
JM Flexi Cap Fund manages assets of Rs 5,194 cr, placing it in the 'comfortable' size band relative to Flexi Cap peers.
How is JM Flexi Cap Fund scored on MFIQ?
JM Flexi Cap Fund holds an MFIQ Score of 4.5/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is JM Flexi Cap Fund?
JM Flexi Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 15.99% with a maximum historical drawdown of -42.41%.