JM Midcap Fund

JM Financial Mutual FundEquityPortfolio as of 31 May 2026

JM Midcap Fund holds 67 instruments (99.02% equity), led by Godfrey Phillips India Limited (3.6%), Bharat Forge Limited (3.53%) and Tube Investments of India Limited (3.36%), as of its 31 May 2026 SEBI-mandated monthly disclosure.

Holdings
67
Equity Allocation
99.02%
AMC
JM Financial Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of JM Midcap Fund, managed by JM Financial Mutual Fund, based on its monthly portfolio disclosure dated 31 May 2026. The fund holds 67 instruments with an equity allocation of 99.02%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

JM Midcap Fund's top 10 holdings account for 30.71% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 23.21% of net assets, spread across 11 sectors in total. Since its 31 March 2026 disclosure, the fund added 7 new positions and exited 2 positions, with Lupin Limited seeing the largest move (-1.76pp to 1.43%).

Top 10 Equity Holdings

What Changed: March 2026 → May 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

7 new entries2 exits10 increased10 reduced

Biggest Weight Increases

StockWeightChange
Avalon Technologies Limited2.35% → 3.23%▲ +0.88
Poonawalla Fincorp Limited0.92% → 1.61%▲ +0.69
Cummins India Limited2.07% → 2.75%▲ +0.68
BSE Limited2.24% → 2.9%▲ +0.66
MphasiS Limited0.5% → 1.15%▲ +0.65
Hitachi Energy India Limited1.15% → 1.72%▲ +0.57
Syrma SGS Technology Limited0.97% → 1.48%▲ +0.51
PB Fintech Limited0.96% → 1.45%▲ +0.49
Dixon Technologies (India) Limited1.43% → 1.9%▲ +0.47
Bharat Heavy Electricals Limited1.2% → 1.61%▲ +0.41

Biggest Weight Reductions

StockWeightChange
Lupin Limited3.19% → 1.43%▼ -1.76
JK Cement Limited3.51% → 2.06%▼ -1.45
Hero MotoCorp Limited2.98% → 1.88%▼ -1.1
Glenmark Pharmaceuticals Limited3.77% → 2.73%▼ -1.04
Indian Bank3.07% → 2.19%▼ -0.88
Coromandel International Limited1.26% → 0.41%▼ -0.85
Jubilant Foodworks Limited1.5% → 0.87%▼ -0.63
Mahindra & Mahindra Financial Services Limited1.79% → 1.19%▼ -0.6
Hindustan Petroleum Corporation Limited1.04% → 0.49%▼ -0.55
Acutaas Chemicals Limited3.22% → 2.83%▼ -0.39

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 4 monthly disclosures (Jan – May 2026).

Jan: 3.5%, Feb: 3.68%, Mar: 3.62%, May: 3.6%
3.6%
Jan: 2.41%, Feb: 3.36%, Mar: 3.6%, May: 3.53%
3.53%
Jan: 2.64%, Feb: 3.28%, Mar: 3.33%, May: 3.36%
3.36%
Jan: 2.01%, Feb: 2.32%, Mar: 2.35%, May: 3.23%
3.23%
Jan: 2.76%, Feb: 2.98%, Mar: 3.28%, May: 3.07%
3.07%

Full Portfolio (67 holdings)

#HoldingSector% to NAV
1Godfrey Phillips India LimitedConsumer Staples3.6%
2Bharat Forge LimitedConsumer Discretionary3.53%
3Tube Investments of India LimitedConsumer Discretionary3.36%
4Avalon Technologies LimitedIndustrials3.23%
5Marico LimitedConsumer Staples3.07%
6BSE LimitedFinancial Services2.9%
7Acutaas Chemicals LimitedHealthcare2.83%
8Cummins India LimitedIndustrials2.75%
9Glenmark Pharmaceuticals LimitedHealthcare2.73%
10Bank of MaharashtraFinancial Services2.71%
11Arvind LimitedConsumer Discretionary2.62%
12JINDAL STEEL LIMITEDMaterials2.3%
13Indian BankFinancial Services2.19%
14SRF LimitedMaterials2.19%
15JK Cement LimitedMaterials2.06%
16Coforge LimitedInformation Technology2.04%
17Dixon Technologies (India) LimitedConsumer Discretionary1.9%
18Motilal Oswal Financial Services LimitedFinancial Services1.9%
19Hero MotoCorp LimitedConsumer Discretionary1.88%
20IDFC First Bank LimitedFinancial Services1.79%
21Onesource Specialty Pharma LimitedHealthcare1.72%
22Hitachi Energy India LimitedIndustrials1.72%
23Garware Hi-Tech Films LimitedIndustrials1.72%
24Aurobindo Pharma LimitedHealthcare1.69%
25Ashok Leyland LimitedIndustrials1.62%
26Poonawalla Fincorp LimitedFinancial Services1.61%
27Bharat Heavy Electricals LimitedIndustrials1.61%
28One 97 Communications LimitedFinancial Services1.54%
29Waaree Energies LimitedIndustrials1.53%
30Syrma SGS Technology LimitedIndustrials1.48%
31PB Fintech LimitedFinancial Services1.45%
32Lupin LimitedHealthcare1.43%
33WeWork India Management LimitedIndustrials1.43%
34AU Small Finance Bank LimitedFinancial Services1.38%
35Sumitomo Chemical India LimitedMaterials1.31%
36Billionbrains Garage Ventures LimitedFinancial Services1.28%
37Mahindra & Mahindra Financial Services LimitedFinancial Services1.19%
38TITAGARH RAIL SYSTEMS LIMITEDIndustrials1.16%
39MphasiS LimitedInformation Technology1.15%
40Fortis Healthcare LimitedHealthcare1.14%
41360 ONE WAM LIMITEDFinancial Services1.12%
42Jana Small Finance Bank LimitedFinancial Services1.08%
43Multi Commodity Exchange of India LimitedFinancial Services1.07%
44KPIT Technologies LimitedInformation Technology0.98%
45Tinna Rubber and Infrastructure LimitedIndustrials0.98%
46Prestige Estates Projects LimitedReal Estate0.97%
47E2E Networks LimitedInformation Technology0.94%
48Apar Industries LimitedIndustrials0.92%
49Cartrade Tech LimitedConsumer Discretionary0.9%
50Jubilant Foodworks LimitedConsumer Discretionary0.87%
51Sona BLW Precision Forgings LimitedConsumer Discretionary0.82%
52Delhivery LimitedServices0.82%
53Indus Towers LimitedTelecommunication0.82%
54FSN E-Commerce Ventures LimitedConsumer Discretionary0.71%
55Linde India LimitedMaterials0.71%
56The India Cements LimitedMaterials0.7%
57Cohance Lifesciences LimitedHealthcare0.64%
58National Aluminium Company LimitedMaterials0.63%
59CCILother0.63%
60Thermax LimitedIndustrials0.58%
61Hindustan Petroleum Corporation LimitedEnergy0.49%
62Jyoti CNC Automation LimitedIndustrials0.41%
63Coromandel International LimitedMaterials0.41%
64Net Receivable/Payableother0.37%
65Endurance Technologies LimitedConsumer Discretionary0.36%
66Devyani International LimitedConsumer Discretionary0.34%
67BAGMANE PRIME OFFICE REITReal Estate0.01%

Frequently Asked Questions

Yes. As of its 31 May 2026 disclosure, Godfrey Phillips India Limited is 3.6% of JM Midcap Fund's net assets — its number 1 holding.
Yes. As of its 31 May 2026 disclosure, Bharat Forge Limited is 3.53% of JM Midcap Fund's net assets — its number 2 holding.
Yes. As of its 31 May 2026 disclosure, Tube Investments of India Limited is 3.36% of JM Midcap Fund's net assets — its number 3 holding.
Yes. As of its 31 May 2026 disclosure, Avalon Technologies Limited is 3.23% of JM Midcap Fund's net assets — its number 4 holding.
Yes. As of its 31 May 2026 disclosure, Marico Limited is 3.07% of JM Midcap Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: JM Financial Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 May 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.