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

JM Small 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 Small Cap Fund (Direct)?

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

What category is JM Small Cap Fund (Direct)?

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

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

Portfolio holdings for JM Small 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 Small Cap Fund (Direct) - Growth Option

Small Cap Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹723.32 Cr

Equity only, excl. debt & cash

Top 5 Weight

20.4%

Diversified

Top 10 Weight

34.3%

Diversified

Changes

2 new · 1 exits

Top Sector

Industrial Products

12.4% of portfolio

📋 What Happened This Month JM Small Cap Fund (Direct) made 2 new additions and exited 1 stock this month. The biggest new buy was Sansera Engineering Limited (Auto Components) at 0.59% weight. The Ramco Cements Limited was the biggest exit (Cement & Cement Products), which was held at 0.50%. Among existing holdings, Garware Hi-Tech Films Ltd saw the biggest increase — now at 6.02% of the portfolio. ZF Commercial Vehicle Control Systems India Limited was trimmed the most, now at 0.50%. Garware Hi-Tech Films Ltd remains the top holding with Industrial Products the dominant sector at 12.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

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

+7.02%

+32.94%

+16.12%

+11.08%

Latest NAV

₹11.53

24 Jun 2026

52W High

₹11.53

-0% from High

52W Low

₹8.41

+37% from Low

Calendar Year Returns

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

2025

-6.9%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

0.0%

+ve in 48% windows

15.6% / -12.0%

Crisis Period Behaviour

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

2024–25 Tariff

-24.3%

Rec: Jun 2026 (1yr 10mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

NAV Chart ₹11.53 24 Jun 2026

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

JM Small Cap Fund (Direct) - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹11.53

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Industrial Products	11.7%	11.2%	▼ -0.6%
Pharmaceuticals & Biotechnology	10.4%	9.1%	▼ -1.3%
Banks	7.9%	8.4%	▲ +0.5%
Finance	6.2%	7.8%	▲ +1.6%
Electrical Equipment	6.0%	7.3%	▲ +1.3%
Consumer Durables	7.3%	6.4%	▼ -0.9%
Auto Components	5.7%	5.9%	▲ +0.2%
Leisure Services	5.6%	5.2%	▼ -0.4%
Capital Markets	5.8%	5.1%	▼ -0.8%
Cigarettes & Tobacco Products	4.2%	4.2%	● -0.1%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Industrial Products	11.2%	12.4%	▲ +1.2%
Pharmaceuticals & Biotechnology	9.1%	9.8%	▲ +0.7%
Electrical Equipment	7.3%	8.3%	▲ +1.0%
Banks	8.4%	8.0%	▼ -0.4%
Finance	7.8%	7.2%	▼ -0.7%
Consumer Durables	6.4%	5.9%	▼ -0.5%
Auto Components	5.9%	5.6%	▼ -0.3%
Leisure Services	5.2%	4.8%	▼ -0.3%
Capital Markets	5.1%	4.2%	▼ -0.8%
Cigarettes & Tobacco Products	4.2%	3.9%	▼ -0.2%

🟢

Biggest New Buy

Sansera Engineering Limited

0.59% weight · Auto Components

🔴

Biggest Exit

The Ramco Cements Limited

0.50% was held · Cement & Cement Products

↑

Biggest Add

Garware Hi-Tech Films Ltd

+1.27% · now 6.02%

↓

Biggest Trim

ZF Commercial Vehicle Control Systems India Limited

-0.50% · now 0.50%

🤝 Other funds also bought this month

OnEMI Technology Solutions Limited 20 funds

Sansera Engineering Limited 5 funds

👋 Other funds also exited

The Ramco Cements Limited 4 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 2 New Entries 🔴 1 Exit ↑ 26 Increased ↓ 43 Decreased

#	Stock	Sector	Weight (May 2026)
1	Sansera Engineering Limited ₹4.29 Cr	Auto Components	0.59%
2	OnEMI Technology Solutions Limited ₹1.83 Cr	N.A.	0.25%

#	Stock	Sector	Last Weight (Apr 2026)
1	The Ramco Cements Limited ₹3.36 Cr	Cement & Cement Products	0.50%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Garware Hi-Tech Films Ltd ₹43.94 Cr	Industrial Products	4.75%	6.02%	+1.27%
2	Gokaldas Exports Limited ₹13.90 Cr	Textiles & Apparels	0.83%	1.90%	+1.07%
3	Avalon Technologies Limited ₹16.01 Cr	Electrical Equipment	1.64%	2.19%	+0.55%
4	Acutaas Chemicals Ltd ₹30.06 Cr	Pharmaceuticals & Biotechnology	3.71%	4.12%	+0.41%
5	Gravita India Limited ₹9.85 Cr	Minerals & Mining	0.96%	1.35%	+0.39%
6	Marksans Pharma Limited ₹10.35 Cr	Pharmaceuticals & Biotechnology	1.14%	1.42%	+0.28%
7	Shaily Engineering Plastics Ltd ₹22.53 Cr	Industrial Products	2.82%	3.09%	+0.27%
8	GE Power India Limited ₹8.31 Cr	Electrical Equipment	0.89%	1.14%	+0.25%
9	CarTrade Tech Limited ₹7.20 Cr	Retailing	0.75%	0.99%	+0.24%
10	TD Power Systems Limited ₹23.73 Cr	Electrical Equipment	3.06%	3.25%	+0.19%
11	Firstsource Solutions Limited ₹10.49 Cr	Commercial Services & Supplies	1.26%	1.44%	+0.18%
12	INDO COUNT INDUSTRIES LIMITED ₹10.60 Cr	Textiles & Apparels	1.31%	1.45%	+0.14%
13	Wework India Management Limited ₹7.18 Cr	Commercial Services & Supplies	0.84%	0.98%	+0.14%
14	PG Electroplast Limited ₹3.64 Cr	Consumer Durables	0.40%	0.50%	+0.10%
15	Krishna Institute Of Medical Sciences Limited ₹12.71 Cr	Healthcare Services	1.65%	1.74%	+0.09%
16	Syrma SGS Technology Limited ₹10.34 Cr	Industrial Manufacturing	1.34%	1.42%	+0.08%
17	Metropolis Healthcare Limited ₹7.51 Cr	Healthcare Services	0.95%	1.03%	+0.08%
18	Neuland Laboratories Limited ₹9.57 Cr	Pharmaceuticals & Biotechnology	1.24%	1.31%	+0.07%
19	Bharat Bijlee Ltd. ₹7.44 Cr	Electrical Equipment	0.96%	1.02%	+0.06%
20	The Jammu & Kashmir Bank Limited ₹17.56 Cr	Banks	2.38%	2.41%	+0.03%
21	Shyam Metalics and Energy Limited ₹7.30 Cr	Industrial Products	0.97%	1.00%	+0.03%
22	Ather Energy Limited ₹8.74 Cr	Automobiles	1.18%	1.20%	+0.02%
23	Jana Small Finance Bank Ltd ₹22.41 Cr	Banks	3.06%	3.07%	+0.01%
24	Fusion Finance Ltd ₹11.62 Cr	Finance	1.58%	1.59%	+0.01%
25	Tinna Rubber And Infrastructure Ltd. ₹8.89 Cr	Industrial Products	1.21%	1.22%	+0.01%
26	Angel One Limited ₹5.40 Cr	Capital Markets	0.73%	0.74%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	ZF Commercial Vehicle Control Systems India Limited ₹3.67 Cr	Auto Components	1.00%	0.50%	-0.50%
2	Multi Commodity Exchange of India Limited ₹14.77 Cr	Capital Markets	2.50%	2.02%	-0.48%
3	Hi-Tech Pipes Limited ₹3.46 Cr	Industrial Products	0.81%	0.47%	-0.34%
4	Amber Enterprises India Limited ₹17.51 Cr	Consumer Durables	2.72%	2.40%	-0.32%
5	ICRA Limited ₹2.75 Cr	Capital Markets	0.69%	0.38%	-0.31%
6	CreditAccess Grameen Limited ₹16.84 Cr	Finance	2.58%	2.31%	-0.27%
7	Jyoti CNC Automation Ltd ₹2.97 Cr	Industrial Manufacturing	0.66%	0.41%	-0.25%
8	Godfrey Phillips India Limited ₹28.52 Cr	Cigarettes & Tobacco Products	4.15%	3.91%	-0.24%
9	City Union Bank Limited ₹10.98 Cr	Banks	1.75%	1.51%	-0.24%
10	Northern Arc Capital Ltd ₹9.36 Cr	Finance	1.51%	1.28%	-0.23%
11	Garden Reach Shipbuilders & Engineers Limited ₹8.76 Cr	Aerospace & Defense	1.43%	1.20%	-0.23%
12	Equitas Small Finance Bank Limited ₹7.02 Cr	Banks	1.18%	0.96%	-0.22%
13	Newgen Software Technologies Limited ₹4.24 Cr	IT - Software	0.79%	0.58%	-0.21%
14	JSW Cement Limited ₹3.92 Cr	Cement & Cement Products	0.73%	0.54%	-0.19%
15	Five Star Business Finance Limited ₹14.42 Cr	Finance	2.15%	1.98%	-0.17%
16	Greenpanel Industries Limited ₹3.71 Cr	Consumer Durables	0.68%	0.51%	-0.17%
17	EQ - YATRA ONLINE LTD. ₹9.08 Cr	Leisure Services	1.40%	1.24%	-0.16%
18	Carraro India Ltd ₹10.34 Cr	Auto Components	1.57%	1.42%	-0.15%
19	ZUARI INDUSTRIES LIMITED ₹8.79 Cr	Agricultural Food & other Products	1.34%	1.21%	-0.13%
20	Sagility Limited ₹9.07 Cr	IT - Services	1.36%	1.24%	-0.12%
21	Lumax Auto Technologies Limited ₹8.06 Cr	Auto Components	1.21%	1.10%	-0.11%
22	M&B Engineering Ltd ₹3.88 Cr	Construction	0.64%	0.53%	-0.11%
23	Navin Fluorine International Limited ₹22.12 Cr	Chemicals & Petrochemicals	3.12%	3.03%	-0.09%
24	Patel Engineering Limited ₹5.80 Cr	Construction	0.89%	0.80%	-0.09%
25	Camlin Fine Sciences Ltd ₹5.54 Cr	Chemicals & Petrochemicals	0.85%	0.76%	-0.09%
26	Onesource Specialty Pharma Limited ₹21.52 Cr	Pharmaceuticals & Biotechnology	3.03%	2.95%	-0.08%
27	Suraksha Diagnostic Ltd ₹8.12 Cr	Healthcare Services	1.19%	1.11%	-0.08%
28	Shipping Corporation Of India Limited ₹4.38 Cr	Transport Services	0.67%	0.60%	-0.07%
29	Restaurant Brands Asia Limited ₹17.88 Cr	Leisure Services	2.51%	2.45%	-0.06%
30	OPTIEMUS INFRACOM LIMITED ₹3.95 Cr	Telecom - Equipment & Accessories	0.60%	0.54%	-0.06%
31	CIE Automotive India Limited ₹3.61 Cr	Auto Components	0.55%	0.49%	-0.06%
32	Ventive Hospitality Limited ₹5.52 Cr	Leisure Services	0.81%	0.76%	-0.05%
33	Leela Palaces Hotels & Resorts Limited ₹2.88 Cr	Leisure Services	0.44%	0.39%	-0.05%
34	Motilal Oswal Financial Services Limited ₹7.94 Cr	Capital Markets	1.13%	1.09%	-0.04%
35	CEAT Limited ₹7.07 Cr	Auto Components	1.01%	0.97%	-0.04%
36	Crompton Greaves Consumer Electricals Limited ₹5.57 Cr	Consumer Durables	0.80%	0.76%	-0.04%
37	Power Mech Projects Limited ₹5.00 Cr	Construction	0.73%	0.69%	-0.04%
38	VENUS PIPES & TUBES LTD ₹4.09 Cr	Industrial Products	0.60%	0.56%	-0.04%
39	RailTel Corporation of India Limited ₹2.84 Cr	Telecom - Services	0.43%	0.39%	-0.04%
40	Thangamayil Jewellery Limited ₹12.67 Cr	Consumer Durables	1.76%	1.74%	-0.02%
41	Belrise Industries Ltd. ₹3.55 Cr	Auto Components	0.51%	0.49%	-0.02%
42	Kalpataru Projects International Limited ₹3.52 Cr	Construction	0.50%	0.48%	-0.02%
43	Schneider Electric Infrastructure Limited ₹5.09 Cr	Electrical Equipment	0.71%	0.70%	-0.01%

What Stocks Does This Fund Hold?

72 stocks — May 2026

#	Stock	Sector	Weight & Value
1	Garware Hi-Tech Films Ltd ₹43.94 Cr	Industrial Products	6.02%
2	Acutaas Chemicals Ltd ₹30.06 Cr	Pharmaceuticals & Biotechnology	4.12%
3	Godfrey Phillips India Limited ₹28.52 Cr	Cigarettes & Tobacco Products	3.91%
4	TD Power Systems Limited ₹23.73 Cr	Electrical Equipment	3.25%
5	Shaily Engineering Plastics Ltd ₹22.53 Cr	Industrial Products	3.09%
6	Jana Small Finance Bank Ltd ₹22.41 Cr	Banks	3.07%
7	Navin Fluorine International Limited ₹22.12 Cr	Chemicals & Petrochemicals	3.03%
8	Onesource Specialty Pharma Limited ₹21.52 Cr	Pharmaceuticals & Biotechnology	2.95%
9	Restaurant Brands Asia Limited ₹17.88 Cr	Leisure Services	2.45%
10	The Jammu & Kashmir Bank Limited ₹17.56 Cr	Banks	2.41%
11	Amber Enterprises India Limited ₹17.51 Cr	Consumer Durables	2.40%
12	CreditAccess Grameen Limited ₹16.84 Cr	Finance	2.31%
13	Avalon Technologies Limited ₹16.01 Cr	Electrical Equipment	2.19%
14	Multi Commodity Exchange of India Limited ₹14.77 Cr	Capital Markets	2.02%
15	Five Star Business Finance Limited ₹14.42 Cr	Finance	1.98%
16	Gokaldas Exports Limited ₹13.90 Cr	Textiles & Apparels	1.90%
17	Krishna Institute Of Medical Sciences Limited ₹12.71 Cr	Healthcare Services	1.74%
18	Thangamayil Jewellery Limited ₹12.67 Cr	Consumer Durables	1.74%
19	Fusion Finance Ltd ₹11.62 Cr	Finance	1.59%
20	City Union Bank Limited ₹10.98 Cr	Banks	1.51%
21	INDO COUNT INDUSTRIES LIMITED ₹10.60 Cr	Textiles & Apparels	1.45%
22	Firstsource Solutions Limited ₹10.49 Cr	Commercial Services & Supplies	1.44%
23	Marksans Pharma Limited ₹10.35 Cr	Pharmaceuticals & Biotechnology	1.42%
24	Syrma SGS Technology Limited ₹10.34 Cr	Industrial Manufacturing	1.42%
25	Carraro India Ltd ₹10.34 Cr	Auto Components	1.42%
26	Gravita India Limited ₹9.85 Cr	Minerals & Mining	1.35%
27	Neuland Laboratories Limited ₹9.57 Cr	Pharmaceuticals & Biotechnology	1.31%
28	Northern Arc Capital Ltd ₹9.36 Cr	Finance	1.28%
29	Titagarh Rail Systems Limited ₹9.09 Cr	Industrial Manufacturing	1.25%
30	EQ - YATRA ONLINE LTD. ₹9.08 Cr	Leisure Services	1.24%
31	Sagility Limited ₹9.07 Cr	IT - Services	1.24%
32	Tinna Rubber And Infrastructure Ltd. ₹8.89 Cr	Industrial Products	1.22%
33	ZUARI INDUSTRIES LIMITED ₹8.79 Cr	Agricultural Food & other Products	1.21%
34	Garden Reach Shipbuilders & Engineers Limited ₹8.76 Cr	Aerospace & Defense	1.20%
35	Ather Energy Limited ₹8.74 Cr	Automobiles	1.20%
36	GE Power India Limited ₹8.31 Cr	Electrical Equipment	1.14%
37	Suraksha Diagnostic Ltd ₹8.12 Cr	Healthcare Services	1.11%
38	Lumax Auto Technologies Limited ₹8.06 Cr	Auto Components	1.10%
39	Motilal Oswal Financial Services Limited ₹7.94 Cr	Capital Markets	1.09%
40	Metropolis Healthcare Limited ₹7.51 Cr	Healthcare Services	1.03%
41	Bharat Bijlee Ltd. ₹7.44 Cr	Electrical Equipment	1.02%
42	Shyam Metalics and Energy Limited ₹7.30 Cr	Industrial Products	1.00%
43	CarTrade Tech Limited ₹7.20 Cr	Retailing	0.99%
44	Wework India Management Limited ₹7.18 Cr	Commercial Services & Supplies	0.98%
45	CEAT Limited ₹7.07 Cr	Auto Components	0.97%
46	Equitas Small Finance Bank Limited ₹7.02 Cr	Banks	0.96%
47	Patel Engineering Limited ₹5.80 Cr	Construction	0.80%
48	Crompton Greaves Consumer Electricals Limited ₹5.57 Cr	Consumer Durables	0.76%
49	Camlin Fine Sciences Ltd ₹5.54 Cr	Chemicals & Petrochemicals	0.76%
50	Ventive Hospitality Limited ₹5.52 Cr	Leisure Services	0.76%
51	Angel One Limited ₹5.40 Cr	Capital Markets	0.74%
52	Schneider Electric Infrastructure Limited ₹5.09 Cr	Electrical Equipment	0.70%
53	Power Mech Projects Limited ₹5.00 Cr	Construction	0.69%
54	Shipping Corporation Of India Limited ₹4.38 Cr	Transport Services	0.60%
55	Sansera Engineering Limited ₹4.29 Cr	Auto Components	0.59%
56	Newgen Software Technologies Limited ₹4.24 Cr	IT - Software	0.58%
57	VENUS PIPES & TUBES LTD ₹4.09 Cr	Industrial Products	0.56%
58	OPTIEMUS INFRACOM LIMITED ₹3.95 Cr	Telecom - Equipment & Accessories	0.54%
59	JSW Cement Limited ₹3.92 Cr	Cement & Cement Products	0.54%
60	M&B Engineering Ltd ₹3.88 Cr	Construction	0.53%
61	Greenpanel Industries Limited ₹3.71 Cr	Consumer Durables	0.51%
62	ZF Commercial Vehicle Control Systems India Limited ₹3.67 Cr	Auto Components	0.50%
63	PG Electroplast Limited ₹3.64 Cr	Consumer Durables	0.50%
64	CIE Automotive India Limited ₹3.61 Cr	Auto Components	0.49%
65	Belrise Industries Ltd. ₹3.55 Cr	Auto Components	0.49%
66	Kalpataru Projects International Limited ₹3.52 Cr	Construction	0.48%
67	Hi-Tech Pipes Limited ₹3.46 Cr	Industrial Products	0.47%
68	Jyoti CNC Automation Ltd ₹2.97 Cr	Industrial Manufacturing	0.41%
69	Leela Palaces Hotels & Resorts Limited ₹2.88 Cr	Leisure Services	0.39%
70	RailTel Corporation of India Limited ₹2.84 Cr	Telecom - Services	0.39%
71	ICRA Limited ₹2.75 Cr	Capital Markets	0.38%
72	OnEMI Technology Solutions Limited ₹1.83 Cr	N.A.	0.25%