Should I invest in JM Mid Cap Fund?

We don't give personal investment advice. JM Mid Cap Fund-Growth is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 64.6%. 5-year CAGR: 2.32%.

JM Financial

JM Mid Cap Fund-Growth

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.53%	+0.06%	+0.47	67 / 299	Q1
1W	+3.04%	-3.61%	+6.64	30 / 303	Q1
2W	+7.58%	-4.52%	+12.10	10 / 303	Q1
1M	+3.90%	-5.64%	+9.54	72 / 302	Q1
3M	-10.80%	-4.27%	-6.52	242 / 302	Q4
6M	-19.39%	+1.48%	-20.87	271 / 307	Q4
YTD	-10.80%	-0.18%	-10.62	223 / 309	Q3
1Y	-8.06%	+7.10%	-15.16	219 / 307	Q3
2Y	+39.13%	+2.20%	+36.93	6 / 303	Q1
3Y	+7.10%	+0.76%	+6.34	119 / 264	Q2
4Y	+5.24%	+0.58%	+4.66	111 / 235	Q2
5Y	+2.32%	+0.02%	+2.30	133 / 208	Q3
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+2.32%	+0.51%	+1.80	202 / 310	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2011 YTD	-10.80%	-23.68%	+12.88	24 / 241
2010	-0.95%	+11.69%	-12.64	228 / 256
2009	+135.61%	+65.86%	+69.75	1 / 238
2008	-59.18%	-52.86%	-6.32	130 / 198
2007	+15.54%	+42.91%	-27.38	121 / 137
2006	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+17.63%

49 windows

min -59.5% · max 153.5%

57% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+4.57%

25 windows

min -13.2% · max 10.0%

88% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+2.32%

1 window

min 2.3% · max 2.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

38.98%

3-year · annualised

Sharpe ratio

0.20

vs risk-free 6.5%

Sortino ratio

0.31

Downside-only deviation

Max drawdown

-53.93%

May 2008 → Dec 2008

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
1 Apr 2011	₹23.3794
31 Mar 2011	₹23.2555
30 Mar 2011	₹23.2531
29 Mar 2011	₹23.0447
28 Mar 2011	₹22.9220
25 Mar 2011	₹22.6906
24 Mar 2011	₹22.2719
23 Mar 2011	₹22.0601
22 Mar 2011	₹21.8413
21 Mar 2011	₹21.6215

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

JM Mid Cap Fund-Growth is a Growth from JM Financial (Unknown plan, Growth option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

JM Mid Cap Fund-Growth has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

JM Mid Cap Fund-Growth is managed by JM Financial. It's classified by AMFI under the 'Growth' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Mid Cap Fund-Growth has delivered a absolute return of -8.06% — -15.16 pp behind the Growth category average of 7.10%. The fund ranks #219 of 307 in its category — the third (Q3) quartile.

Over the trailing 3-year window, JM Mid Cap Fund-Growth has delivered a CAGR of 7.10% — +6.34 pp ahead of the Growth category average of 0.76%. The fund ranks #119 of 264 in its category — the second (Q2) quartile.

Over the trailing 5-year window, JM Mid Cap Fund-Growth has delivered a CAGR of 2.32% — +2.3 pp ahead of the Growth category average of 0.02%. The fund ranks #133 of 208 in its category — the third (Q3) quartile.

₹1 lakh invested in JM Mid Cap Fund-Growth exactly 5 years ago would be worth approximately ₹112,131 today — a multiplier of 1.12×, based on the 5-year CAGR of 2.32%. The category average over the same window would have grown ₹1 lakh to ₹100,100.

A ₹10,000 monthly SIP in JM Mid Cap Fund-Growth over the last 5 years — total invested ₹600,000 — would be worth ₹719,762 today. That's an XIRR (money-weighted annualised return) of 7.21%.

JM Mid Cap Fund-Growth doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹719,762 — XIRR 7.21%.

On a 5-year basis, JM Mid Cap Fund-Growth ranks #133 out of 208 funds in the Growth category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 0.02%; this fund delivered 2.32%.

The worst peak-to-trough decline JM Mid Cap Fund-Growth has experienced over the last 5-year window is 64.58% — its NAV fell from a high on 02 Jan 2008 to a low on 02 Dec 2008. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, JM Mid Cap Fund-Growth averaged 2.32% (best 2.32%, worst 2.32%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.06 — weak risk-adjusted performance.

In calendar year 2010, JM Mid Cap Fund-Growth returned -0.95% — lagging the Growth category average of 11.69% by 12.64 pp. It ranked #228 of 256 in its category that year.

JM Mid Cap Fund-Growth doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. JM Mid Cap Fund-Growth is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 64.6%. 5-year CAGR: 2.32%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.