What stocks does JM Large Cap Fund (Direct) hold?

JM Large Cap Fund (Direct) holds a portfolio of Indian equity stocks disclosed monthly by JM Financial Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages JM Large Cap Fund (Direct)?

JM Large Cap Fund (Direct) is managed by JM Financial Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is JM Large Cap Fund (Direct)?

JM Large Cap Fund (Direct) is classified as a Large Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is JM Large Cap Fund (Direct) portfolio data updated?

Portfolio holdings for JM Large Cap Fund (Direct) are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← JM Financial Mutual Fund

JM Large Cap Fund (Direct) - Growth Option

Large Cap Data as of Aug 2026 Comparing Jul 2026 → Aug 2026

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Stocks Held

Aug 2026

Equity Holdings

₹380.44 Cr

Equity only, excl. debt & cash

AAUM

₹380.13 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

19.9%

Diversified

Top 10 Weight

34.3%

Diversified

Changes

1 new · 2 exits

Top Sector

Banks

18.6% of portfolio

Launch Date

01 Apr 1995

10+ year track record

AAUM (Average Assets Under Management) of ₹380.13 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month JM Large Cap Fund (Direct) made 1 new addition and exited 2 stocks this month. The biggest new buy was Zydus Lifesciences Limited (Pharmaceuticals & Biotechnology) at 1.03% weight. Britannia Industries Limited was the biggest exit (Food Products), which was held at 1.66%. Among existing holdings, Vedanta Aluminium Metal Limited saw the biggest increase — now at 1.66% of the portfolio. HDFC Bank Limited was trimmed the most, now at 3.58%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 18.6%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · JM Large Cap Fund (Direct) - Growth Option

-2.72%

+1.99%

+4.76%

+0.11%

Latest NAV

₹177.18

11 Sep 2026

52W High

₹185.33

-4% from High

52W Low

₹154.09

+15% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+5.5%

2024

+16.8%

2023

+30.5%

2022

+4.2%

2021

+24.6%

2020

+19.4%

2019

+5.9%

2018

+2.0%

2017

+21.9%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

14.1%

+ve in 88% windows

54.2% / -10.4%

3Y Rolling Avg

14.3% p.a.

+ve in 100% windows

24.9% / 1.2%

5Y Rolling Avg

14.9% p.a.

+ve in 100% windows

22.4% / 8.3%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-19.8%

Rec: not yet

COVID-19 Crash

-14.7%

Rec: Jul 2020 (6 mo)

2022 Rate Hike

-17.3%

Rec: Nov 2022 (7 mo)

2018 IL&FS

-5.9%

Rec: Apr 2019 (8 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.40

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.54

Penalises downside volatility only.

Std Deviation (3Y)

14.8%

Lower = more consistent returns.

NAV Chart ₹177.18 11 Sep 2026

Simple Moving Avg: Click to draw · click again to remove

JM Large Cap Fund (Direct) - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹177.18

Sector Shift Industry allocation month-over-month

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	21.9%	20.9%	▼ -1.0%
Automobiles	7.4%	8.2%	▲ +0.8%
IT - Software	5.7%	5.9%	▲ +0.2%
Finance	6.4%	5.5%	▼ -0.9%
Pharmaceuticals & Biotechnology	5.4%	4.7%	▼ -0.6%
Capital Markets	1.6%	4.3%	▲ +2.7%
Telecom - Services	4.0%	3.9%	▼ -0.2%
Petroleum Products	3.2%	3.3%	▲ +0.1%
Power	3.5%	3.2%	▼ -0.3%
Construction	3.3%	2.9%	▼ -0.3%

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	20.9%	18.6%	▼ -2.2%
Automobiles	8.2%	8.3%	● +0.1%
IT - Software	5.9%	6.3%	▲ +0.4%
Pharmaceuticals & Biotechnology	4.7%	5.9%	▲ +1.1%
Finance	5.5%	5.3%	▼ -0.2%
Capital Markets	4.3%	5.1%	▲ +0.8%
Telecom - Services	3.9%	3.6%	▼ -0.2%
Petroleum Products	3.3%	3.3%	● 0.0%
Construction	2.9%	3.1%	▲ +0.1%
Power	3.2%	3.1%	▼ -0.1%

🟢

Biggest New Buy

Zydus Lifesciences Limited

1.03% weight · Pharmaceuticals & Biotechnology

🔴

Biggest Exit

Britannia Industries Limited

1.66% was held · Food Products

↑

Biggest Add

Vedanta Aluminium Metal Limited

+0.65% · now 1.66%

↓

Biggest Trim

HDFC Bank Limited

-2.07% · now 3.58%

🤝 Other funds also bought this month

Zydus Lifesciences Limited 27 funds

👋 Other funds also exited

Britannia Industries Limited 37 funds

Hindustan Zinc Limited 15 funds

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 → Aug 2026

🟢 1 New Entry 🔴 2 Exits ↑ 30 Increased ↓ 19 Decreased

#	Stock	Sector	Weight (Aug 2026)
1	Zydus Lifesciences Limited ₹4.06 Cr	Pharmaceuticals & Biotechnology	1.03%

#	Stock	Sector	Last Weight (Jul 2026)
1	Britannia Industries Limited ₹6.66 Cr	Food Products	1.66%
2	Hindustan Zinc Limited ₹4.79 Cr	Non - Ferrous Metals	1.19%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Vedanta Aluminium Metal Limited ₹6.53 Cr	Metals & Minerals Trading	1.01%	1.66%	+0.65%
2	SBI Funds Management Limited ₹4.54 Cr	Capital Markets	0.64%	1.15%	+0.51%
3	Tata Consumer Products Limited ₹6.48 Cr	Agricultural Food & other Products	1.19%	1.65%	+0.46%
4	One 97 Communications Limited ₹9.79 Cr	Financial Technology (Fintech)	2.06%	2.49%	+0.43%
5	Coforge Limited ₹8.25 Cr	IT - Software	1.78%	2.10%	+0.32%
6	Billionbrains Garage Ventures Ltd ₹4.84 Cr	Capital Markets	0.97%	1.23%	+0.26%
7	Kotak Mahindra Bank Limited ₹11.27 Cr	Banks	2.61%	2.86%	+0.25%
8	State Bank of India ₹17.92 Cr	Banks	4.32%	4.55%	+0.23%
9	Shriram Finance Limited ₹9.79 Cr	Finance	2.30%	2.49%	+0.19%
10	Eternal Limited ₹7.42 Cr	Retailing	1.70%	1.88%	+0.18%
11	Titan Company Limited ₹9.90 Cr	Consumer Durables	2.35%	2.51%	+0.16%
12	Samvardhana Motherson International Limited ₹4.61 Cr	Auto Components	1.01%	1.17%	+0.16%
13	Larsen & Toubro Limited ₹12.09 Cr	Construction	2.93%	3.07%	+0.14%
14	Bajaj Auto Limited ₹7.28 Cr	Automobiles	1.72%	1.85%	+0.13%
15	Solar Industries India Limited ₹4.32 Cr	Chemicals & Petrochemicals	0.98%	1.10%	+0.12%
16	360 One WAM Limited ₹7.32 Cr	Capital Markets	1.76%	1.86%	+0.10%
17	Bharat Electronics Limited ₹5.01 Cr	Aerospace & Defense	1.17%	1.27%	+0.10%
18	Divi's Laboratories Limited ₹7.52 Cr	Pharmaceuticals & Biotechnology	1.83%	1.91%	+0.08%
19	LTIMindtree Limited ₹5.27 Cr	IT - Software	1.26%	1.34%	+0.08%
20	CG Power and Industrial Solutions Limited ₹4.20 Cr	Electrical Equipment	0.99%	1.07%	+0.08%
21	Hitachi Energy India Limited ₹4.10 Cr	Electrical Equipment	0.97%	1.04%	+0.07%
22	Anirit Ventures Ltd ₹29.93 L	Textiles & Apparels	0.01%	0.08%	+0.07%
23	TVS Motor Company Limited ₹8.44 Cr	Automobiles	2.09%	2.14%	+0.05%
24	InterGlobe Aviation Limited ₹6.62 Cr	Transport Services	1.63%	1.68%	+0.05%
25	Apollo Hospitals Enterprise Limited ₹10.48 Cr	Healthcare Services	2.62%	2.66%	+0.04%
26	The Indian Hotels Company Limited ₹7.07 Cr	Leisure Services	1.76%	1.80%	+0.04%
27	Torrent Pharmaceuticals Limited ₹11.54 Cr	Pharmaceuticals & Biotechnology	2.90%	2.93%	+0.03%
28	Prestige Estates Projects Limited ₹4.57 Cr	Realty	1.13%	1.16%	+0.03%
29	Infosys Limited ₹4.66 Cr	IT - Software	1.16%	1.18%	+0.02%
30	Tech Mahindra Limited ₹6.69 Cr	IT - Software	1.69%	1.70%	+0.01%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	HDFC Bank Limited ₹14.09 Cr	Banks	5.65%	3.58%	-2.07%
2	ICICI Bank Limited ₹19.22 Cr	Banks	5.47%	4.88%	-0.59%
3	Bajaj Finance Limited ₹10.93 Cr	Finance	3.19%	2.78%	-0.41%
4	SRF Limited ₹3.20 Cr	Chemicals & Petrochemicals	1.08%	0.81%	-0.27%
5	Bharti Airtel Limited ₹14.23 Cr	Telecom - Services	3.85%	3.61%	-0.24%
6	Polycab India Limited ₹3.57 Cr	Industrial Products	1.10%	0.91%	-0.19%
7	United Spirits Limited ₹7.90 Cr	Beverages	2.13%	2.01%	-0.12%
8	Adani Ports and Special Economic Zone Limited ₹9.08 Cr	Transport Infrastructure	2.41%	2.31%	-0.10%
9	JSW Energy Limited ₹6.92 Cr	Power	1.84%	1.76%	-0.08%
10	Cummins India Limited ₹4.19 Cr	Industrial Products	1.13%	1.06%	-0.07%
11	BSE Limited ₹3.38 Cr	Capital Markets	0.93%	0.86%	-0.07%
12	Axis Bank Limited ₹10.85 Cr	Banks	2.80%	2.75%	-0.05%
13	Maruti Suzuki India Limited ₹7.11 Cr	Automobiles	1.86%	1.81%	-0.05%
14	NTPC Limited ₹5.14 Cr	Power	1.36%	1.31%	-0.05%
15	Mahindra & Mahindra Limited ₹9.78 Cr	Automobiles	2.52%	2.48%	-0.04%
16	Adani Enterprises Limited ₹4.07 Cr	Metals & Minerals Trading	1.07%	1.03%	-0.04%
17	UltraTech Cement Limited ₹6.68 Cr	Cement & Cement Products	1.73%	1.70%	-0.03%
18	Reliance Industries Limited ₹12.86 Cr	Petroleum Products	3.28%	3.27%	-0.01%
19	Tata Steel Limited ₹4.37 Cr	Ferrous Metals	1.12%	1.11%	-0.01%

What Stocks Does This Fund Hold?

50 stocks — Aug 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹19.22 Cr	Banks	4.88%
2	State Bank of India ₹17.92 Cr	Banks	4.55%
3	Bharti Airtel Limited ₹14.23 Cr	Telecom - Services	3.61%
4	HDFC Bank Limited ₹14.09 Cr	Banks	3.58%
5	Reliance Industries Limited ₹12.86 Cr	Petroleum Products	3.27%
6	Larsen & Toubro Limited ₹12.09 Cr	Construction	3.07%
7	Torrent Pharmaceuticals Limited ₹11.54 Cr	Pharmaceuticals & Biotechnology	2.93%
8	Kotak Mahindra Bank Limited ₹11.27 Cr	Banks	2.86%
9	Bajaj Finance Limited ₹10.93 Cr	Finance	2.78%
10	Axis Bank Limited ₹10.85 Cr	Banks	2.75%
11	Apollo Hospitals Enterprise Limited ₹10.48 Cr	Healthcare Services	2.66%
12	Titan Company Limited ₹9.90 Cr	Consumer Durables	2.51%
13	One 97 Communications Limited ₹9.79 Cr	Financial Technology (Fintech)	2.49%
14	Shriram Finance Limited ₹9.79 Cr	Finance	2.49%
15	Mahindra & Mahindra Limited ₹9.78 Cr	Automobiles	2.48%
16	Adani Ports and Special Economic Zone Limited ₹9.08 Cr	Transport Infrastructure	2.31%
17	TVS Motor Company Limited ₹8.44 Cr	Automobiles	2.14%
18	Coforge Limited ₹8.25 Cr	IT - Software	2.10%
19	United Spirits Limited ₹7.90 Cr	Beverages	2.01%
20	Divi's Laboratories Limited ₹7.52 Cr	Pharmaceuticals & Biotechnology	1.91%
21	Eternal Limited ₹7.42 Cr	Retailing	1.88%
22	360 One WAM Limited ₹7.32 Cr	Capital Markets	1.86%
23	Bajaj Auto Limited ₹7.28 Cr	Automobiles	1.85%
24	Maruti Suzuki India Limited ₹7.11 Cr	Automobiles	1.81%
25	The Indian Hotels Company Limited ₹7.07 Cr	Leisure Services	1.80%
26	JSW Energy Limited ₹6.92 Cr	Power	1.76%
27	Tech Mahindra Limited ₹6.69 Cr	IT - Software	1.70%
28	UltraTech Cement Limited ₹6.68 Cr	Cement & Cement Products	1.70%
29	InterGlobe Aviation Limited ₹6.62 Cr	Transport Services	1.68%
30	Vedanta Aluminium Metal Limited ₹6.53 Cr	Metals & Minerals Trading	1.66%
31	Tata Consumer Products Limited ₹6.48 Cr	Agricultural Food & other Products	1.65%
32	LTIMindtree Limited ₹5.27 Cr	IT - Software	1.34%
33	NTPC Limited ₹5.14 Cr	Power	1.31%
34	Bharat Electronics Limited ₹5.01 Cr	Aerospace & Defense	1.27%
35	Billionbrains Garage Ventures Ltd ₹4.84 Cr	Capital Markets	1.23%
36	Infosys Limited ₹4.66 Cr	IT - Software	1.18%
37	Samvardhana Motherson International Limited ₹4.61 Cr	Auto Components	1.17%
38	Prestige Estates Projects Limited ₹4.57 Cr	Realty	1.16%
39	SBI Funds Management Limited ₹4.54 Cr	Capital Markets	1.15%
40	Tata Steel Limited ₹4.37 Cr	Ferrous Metals	1.11%
41	Solar Industries India Limited ₹4.32 Cr	Chemicals & Petrochemicals	1.10%
42	CG Power and Industrial Solutions Limited ₹4.20 Cr	Electrical Equipment	1.07%
43	Cummins India Limited ₹4.19 Cr	Industrial Products	1.06%
44	Hitachi Energy India Limited ₹4.10 Cr	Electrical Equipment	1.04%
45	Zydus Lifesciences Limited ₹4.06 Cr	Pharmaceuticals & Biotechnology	1.03%
46	Adani Enterprises Limited ₹4.07 Cr	Metals & Minerals Trading	1.03%
47	Polycab India Limited ₹3.57 Cr	Industrial Products	0.91%
48	BSE Limited ₹3.38 Cr	Capital Markets	0.86%
49	SRF Limited ₹3.20 Cr	Chemicals & Petrochemicals	0.81%
50	Anirit Ventures Ltd ₹29.93 L	Textiles & Apparels	0.08%