← JM Financial Mutual Fund

JM Midcap Fund (Direct) - Growth

Mid Cap Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
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Stocks Held
68
Jul 2026
Equity Holdings
₹1,282.94 Cr
Equity only, excl. debt & cash
AAUM
₹1,183.78 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
15.7%
Diversified
Top 10 Weight
28.9%
Diversified
Changes
76
10 new · 9 exits
Top Sector
Pharmaceuticals & Biotechnology
12.4% of portfolio
Launch Date
31 Oct 2022
4 years old

AAUM (Average Assets Under Management) of ₹1,183.78 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 Midcap Fund (Direct) made 10 new additions and exited 9 stocks this month. The biggest new buy was Radico Khaitan Limited (Beverages) at 1.34% weight. Cummins India Limited was the biggest exit (Industrial Products), which was held at 2.52%. Among existing holdings, One 97 Communications Limited saw the biggest increase — now at 2.90% of the portfolio. BSE Limited was trimmed the most, now at 1.27%. Bharat Forge Limited remains the top holding with Pharmaceuticals & Biotechnology the dominant sector at 12.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Pharmaceuticals & Biotechnology 11.0% 10.8% -0.2%
Electrical Equipment 9.6% 9.8% +0.2%
Banks 9.2% 9.2% +0.1%
Auto Components 8.1% 8.3% +0.2%
Capital Markets 8.3% 7.9% -0.4%
Industrial Products 5.5% 5.4% -0.1%
IT - Software 4.2% 3.8% -0.4%
Industrial Manufacturing 3.1% 3.4% +0.4%
Cigarettes & Tobacco Products 3.6% 3.3% -0.3%
Finance 2.8% 3.2% +0.4%
Jun 2026 Jul 2026
Sector Prev Curr Delta
Pharmaceuticals & Biotechnology 10.8% 12.4% +1.5%
Auto Components 8.3% 10.9% +2.7%
Electrical Equipment 9.8% 9.0% -0.9%
Banks 9.2% 8.4% -0.8%
Capital Markets 7.9% 7.0% -0.9%
Industrial Manufacturing 3.4% 4.0% +0.5%
Financial Technology (Fintech) 2.9% 3.9% +1.0%
IT - Software 3.8% 3.8% 0.0%
Retailing 2.1% 3.7% +1.6%
Finance 3.2% 3.7% +0.5%
🟢
Biggest New Buy
Radico Khaitan Limited
1.34% weight · Beverages
🔴
Biggest Exit
Cummins India Limited
2.52% was held · Industrial Products
Biggest Add
One 97 Communications Limited
+1.17% · now 2.90%
Biggest Trim
BSE Limited
-1.13% · now 1.27%
🤝 Other funds also bought this month
Swiggy Limited 33 funds
Swiggy Limited
The Wealth Company Large & Mid Cap Fund
THE WEALTH COMPANY SMALL CAP FUND
ICICI Prudential Active Momentum Fund - Direct Plan - Growth + more
Alkem Laboratories Limited 23 funds
Alkem Laboratories Limited
DSP Nifty Midcap 150 Qlty 50 Index Fund
ADITYA BIRLA SUN LIFE PHARMA & HEALTHCARE FUND
DSP Mid Cap Fund + more
Lenskart Solutions Limited 23 funds
Lenskart Solutions Limited
Sundaram Large and Midcap Fund Direct Plan - Growth
Motilal Oswal Balanced Advantage Fund (MOFDYNAMIC) - Direct Plan - Growth Option
TRUSTMF Large & Mid Cap Fund + more
Exide Industries Limited 21 funds
Exide Industries Limited
HDFC Nifty Auto Index Fund
PGIM India Small Cap Fund - Direct Plan- Growth Option
BAJAJ FINSERV MULTI CAP FUND - DIRECT - GROWTH + more
Mankind Pharma Limited 18 funds
Mankind Pharma Limited
ADITYA BIRLA SUN LIFE PHARMA & HEALTHCARE FUND
Edelweiss MSCI India Domestic and World Healthcare 45 Index Fund
JM Large and Midcap Fund + more
The Indian Hotels Company Limited 17 funds
The Indian Hotels Company Limited
Motilal Oswal Infrastructure Fund-Direct-Growth
JM Focused Fund (Direct) - Growth Option
Taurus Mid Cap Fund + more
👋 Other funds also exited
Indian Bank 40 funds
Indian Bank
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth
SBI BSE PSU BANK ETF
Invesco India PSU Equity Fund + more
Indus Towers Limited 35 funds
Indus Towers Limited
SBI Multicap Fund- Direct Plan- Growth option
Samco Mid Cap Fund
Motilal Oswal Nifty Midcap150 Momentum 50 ETF + more
Cummins India Limited 32 funds
Cummins India Limited
Nippon India Medium to Long Duration Fund - Direct Plan Growth Plan - Growth Option
Groww Nifty 500 Momentum 50 ETF FOF
Edelweiss Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - Growth + more
Jindal Steel Limited 32 funds
Jindal Steel Limited
DSP Natural Resources and New Energy Fund - Direct Plan - Growth
SBI Long Term Advantage Fund - Series IV - Direct Plan - Growth
Samco Large Cap Fund + more
Fortis Healthcare Limited 26 funds
Fortis Healthcare Limited
Groww BSE Hospitals ETF FOF
Nippon India Medium to Long Duration Fund - Direct Plan Growth Plan - Growth Option
ITI Focused Fund - Direct Plan - Growth + more
Jubilant Foodworks Limited 23 funds
Jubilant Foodworks Limited
ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth
JM Aggressive Hybrid Fund
SBI ESG Exclusionary Strategy Fund - Direct Plan -Growth + more

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🟢 10 New Entries 🔴 9 Exits ↑ 29 Increased ↓ 28 Decreased
#StockSectorWeight (Jul 2026)
1
Radico Khaitan Limited
₹17.36 Cr
Beverages 1.34%
2
Lenskart Solutions Limited
₹15.72 Cr
Retailing 1.21%
3
Alkem Laboratories Limited
₹14.38 Cr
Pharmaceuticals & Biotechnology 1.11%
4
The Indian Hotels Company Limited
₹12.56 Cr
Leisure Services 0.97%
5
Mankind Pharma Limited
₹12.40 Cr
Pharmaceuticals & Biotechnology 0.96%
6
Exide Industries Limited
₹11.25 Cr
Auto Components 0.87%
7
Apollo Tyres Limited
₹8.78 Cr
Auto Components 0.68%
8
Aditya Infotech Limited
₹8.64 Cr
Industrial Manufacturing 0.67%
9
Navin Fluorine International Limited
₹6.92 Cr
Chemicals & Petrochemicals 0.53%
10
Swiggy Limited
₹5.70 Cr
Retailing 0.44%
#StockSectorLast Weight (Jun 2026)
1
Cummins India Limited
₹32.16 Cr
Industrial Products 2.52%
2
Jindal Steel Limited
₹23.50 Cr
Ferrous Metals 1.84%
3
Indian Bank
₹21.23 Cr
Banks 1.67%
4
Indus Towers Limited
₹14.69 Cr
Telecom - Services 1.15%
5
Fortis Healthcare Limited
₹14.35 Cr
Healthcare Services 1.13%
6
KPIT Technologies Limited
₹9.74 Cr
IT - Software 0.76%
7
Jubilant Foodworks Limited
₹6.89 Cr
Leisure Services 0.54%
8
Ola Electric Mobility Ltd
₹6.10 Cr
Automobiles 0.48%
9
Devyani International Limited
₹3.34 Cr
Leisure Services 0.26%
#StockSectorJun 2026Jul 2026Change
1
One 97 Communications Limited
₹37.57 Cr
Financial Technology (Fintech) 1.73% 2.90% +1.17%
2
Sona BLW Precision Forgings Limited
₹26.17 Cr
Auto Components 0.88% 2.02% +1.14%
3
IDFC First Bank Limited
₹38.53 Cr
Banks 2.21% 2.97% +0.76%
4
Thermax Limited
₹19.48 Cr
Electrical Equipment 0.98% 1.50% +0.52%
5
Prestige Estates Projects Limited
₹19.39 Cr
Realty 0.98% 1.50% +0.52%
6
National Aluminium Company Limited
₹9.80 Cr
Non - Ferrous Metals 0.24% 0.76% +0.52%
7
Mphasis Limited
₹19.35 Cr
IT - Software 1.05% 1.49% +0.44%
8
Lupin Limited
₹24.15 Cr
Pharmaceuticals & Biotechnology 1.46% 1.86% +0.40%
9
Coforge Limited
₹30.12 Cr
IT - Software 2.01% 2.33% +0.32%
10
360 One WAM Limited
₹18.17 Cr
Capital Markets 1.12% 1.40% +0.28%
#StockSectorJun 2026Jul 2026Change
1
BSE Limited
₹16.41 Cr
Capital Markets 2.40% 1.27% -1.13%
2
Arvind Limited
₹25.61 Cr
Textiles & Apparels 3.02% 1.98% -1.04%
3
Acutaas Chemicals Ltd
₹31.05 Cr
Pharmaceuticals & Biotechnology 3.04% 2.40% -0.64%
4
Avalon Technologies Limited
₹35.79 Cr
Electrical Equipment 3.37% 2.76% -0.61%
5
Hitachi Energy India Limited
₹12.71 Cr
Electrical Equipment 1.49% 0.98% -0.51%
6
Tube Investments of India Limited
₹35.79 Cr
Auto Components 3.09% 2.76% -0.33%
7
The India Cements Limited
₹4.54 Cr
Cement & Cement Products 0.66% 0.35% -0.31%
8
Tinna Rubber And Infrastructure Ltd.
₹12.01 Cr
Industrial Products 1.14% 0.93% -0.21%
9
Bank of Maharashtra
₹36.63 Cr
Banks 2.99% 2.83% -0.16%
10
PB Fintech Limited
₹13.44 Cr
Financial Technology (Fintech) 1.20% 1.04% -0.16%

What Stocks Does This Fund Hold?

68 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹46.09 Cr
Auto Components
3.56%
2
₹40.99 Cr
Cigarettes & Tobacco Products
3.17%
3
₹39.61 Cr
Agricultural Food & other Products
3.06%
4
₹38.53 Cr
Banks
2.97%
5
₹37.57 Cr
Financial Technology (Fintech)
2.90%
6
₹36.63 Cr
Banks
2.83%
7
₹35.79 Cr
Electrical Equipment
2.76%
8
₹35.79 Cr
Auto Components
2.76%
9
₹31.55 Cr
Pharmaceuticals & Biotechnology
2.44%
10
₹31.05 Cr
Pharmaceuticals & Biotechnology
2.40%
🏆 Top stocks held by Mid Cap funds
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🏦 JM Financial Mutual Fund — Portfolio & Holdings
See all funds managed by JM Financial Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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