JM Small Cap Fund

JM Financial Mutual FundEquityPortfolio as of 30 September 2026

JM Small Cap Fund holds 90 instruments (97.31% equity), led by Garware Hi-Tech Films Limited (4.5%), Navin Fluorine International Limited (2.99%) and Acutaas Chemicals Limited (2.91%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
90
Equity Allocation
97.31%
AMC
JM Financial Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of JM Small Cap Fund, managed by JM Financial Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 90 instruments with an equity allocation of 97.31%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

JM Small Cap Fund's top 10 holdings account for 26.02% of its portfolio, more diversified than the Equity category average of 37%. Industrials is its largest sector exposure at 30.35% of net assets, spread across 9 sectors in total. Since its 31 August 2026 disclosure, the fund added 9 new positions and exited 4 positions, with Graphite India Limited seeing the largest move (+0.89pp to 1.46%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Industrials
30.35%
Consumer Discretionary
26.47%
Financial Services
16.91%
Healthcare
8.93%
Materials
6.41%
Consumer Staples
4.15%
Other
2.67%
Information Technology
2.5%
Telecommunication
0.86%
Real Estate
0.73%

Top 10 Equity Holdings

What Changed: August 2026 → September 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.

9 new entries4 exits10 increased10 reduced

Biggest Weight Increases

StockWeightChange
Graphite India Limited0.57% → 1.46%▲ +0.89
Pine Labs Limited1.51% → 1.98%▲ +0.47
SKF India (Industrial) Limited0.62% → 1.01%▲ +0.39
Venus Pipes & Tubes Limited0.64% → 0.95%▲ +0.31
Syrma SGS Technology Limited1.39% → 1.61%▲ +0.22
Optiemus Infracom Limited0.65% → 0.86%▲ +0.21
Sansera Engineering Limited1.08% → 1.25%▲ +0.17
Shyam Metalics and Energy Limited0.82% → 0.96%▲ +0.14
Blue Star Limited0.47% → 0.6%▲ +0.13
Diamond Power Infrastructure Limited0.66% → 0.78%▲ +0.12

Biggest Weight Reductions

StockWeightChange
Devyani International Limited0.9% → 0.42%▼ -0.48
Jana Small Finance Bank Limited2.37% → 2%▼ -0.37
Fusion Finance Limited2.67% → 2.3%▼ -0.37
Ather Energy Limited2.04% → 1.68%▼ -0.36
Godfrey Phillips India Limited1.94% → 1.58%▼ -0.36
Neuland Laboratories Limited1.24% → 0.91%▼ -0.33
S.J.S. Enterprises Limited0.86% → 0.53%▼ -0.33
CREDITACCESS GRAMEEN LIMITED1.69% → 1.38%▼ -0.31
Gokaldas Exports Limited2.15% → 1.87%▼ -0.28
Gravita India Limited1.3% → 1.03%▼ -0.27

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Sept 2026).

Feb: 5.51%, Mar: 5.04%, Apr: 4.75%, May: 6.02%, Aug: 4.64%, Sept: 4.5%
4.5%
Feb: 2.38%, Mar: 3%, Apr: 3.12%, May: 3.03%, Aug: 3.19%, Sept: 2.99%
2.99%
Feb: 3.57%, Mar: 4.89%, Apr: 3.71%, May: 4.12%, Aug: 2.91%, Sept: 2.91%
2.91%
Feb: 0.68%, Mar: 0.6%, Apr: 2.15%, May: 1.98%, Aug: 2.76%, Sept: 2.69%
2.69%
Feb: 2.54%, Mar: 3.18%, Apr: 2.82%, May: 3.09%, Aug: 2.65%, Sept: 2.45%
2.45%

Full Portfolio (90 holdings)

#HoldingSector% to NAV
1Garware Hi-Tech Films LimitedIndustrials4.5%
2Navin Fluorine International LimitedMaterials2.99%
3Acutaas Chemicals LimitedHealthcare2.91%
4Five-Star Business Finance LimitedFinancial Services2.69%
5Shaily Engineering Plastics LimitedConsumer Discretionary2.45%
6Fusion Finance LimitedFinancial Services2.3%
7TD POWER SYSTEMS LTDIndustrials2.13%
8Avalon Technologies LimitedIndustrials2.07%
9Jana Small Finance Bank LimitedFinancial Services2%
10Pine Labs LimitedFinancial Services1.98%
11Thangamayil Jewellery LimitedConsumer Discretionary1.97%
12Onesource Specialty Pharma LimitedHealthcare1.95%
13Fineotex Chemical LimitedMaterials1.93%
14Gokaldas Exports LimitedConsumer Discretionary1.87%
15City Union Bank LimitedFinancial Services1.84%
16The Clearing Corporation of India Ltdother—1.83%
17Belrise Industries LimitedConsumer Discretionary1.73%
18Ather Energy LimitedConsumer Discretionary1.68%
19Syrma SGS Technology LimitedIndustrials1.61%
20Godfrey Phillips India LimitedConsumer Staples1.58%
21Manorama Industries LimitedConsumer Staples1.58%
22Graphite India LimitedIndustrials1.46%
23Amber Enterprises India LimitedConsumer Discretionary1.41%
24CREDITACCESS GRAMEEN LIMITEDFinancial Services1.38%
25Indo Count Industries LimitedConsumer Discretionary1.32%
26Goodluck India LimitedIndustrials1.28%
27Sansera Engineering LimitedConsumer Discretionary1.25%
28Restaurant Brands Asia LimitedConsumer Discretionary1.22%
29Jyoti CNC Automation LimitedIndustrials1.21%
30Cartrade Tech LimitedConsumer Discretionary1.16%
31Marksans Pharma LimitedHealthcare1.15%
32CEAT LimitedConsumer Discretionary1.14%
33INOX India LimitedIndustrials1.11%
34Lumax Auto Technologies LimitedConsumer Discretionary1.11%
35Gravita India LimitedMaterials1.03%
36SKF India (Industrial) LimitedIndustrials1.01%
37SAGILITY LIMITEDInformation Technology1%
38ZUARI INDUSTRIES LIMITEDConsumer Staples0.99%
39Carraro India LimitedConsumer Discretionary0.98%
40Shyam Metalics and Energy LimitedIndustrials0.96%
41Yatra Online LimitedConsumer Discretionary0.96%
42HERO MOTORS LTDConsumer Discretionary0.96%
43TITAGARH RAIL SYSTEMS LIMITEDIndustrials0.96%
44Venus Pipes & Tubes LimitedIndustrials0.95%
45Motilal Oswal Financial Services LimitedFinancial Services0.94%
46Tinna Rubber and Infrastructure LimitedIndustrials0.94%
47Neuland Laboratories LimitedHealthcare0.91%
48Newgen Software Technologies LimitedInformation Technology0.9%
49Firstsource Solutions LimitedIndustrials0.89%
50Power Mech Projects LimitedIndustrials0.89%
51Leela Palaces Hotels & Resorts LimitedConsumer Discretionary0.88%
52Suraksha Diagnostic LimitedHealthcare0.87%
53Optiemus Infracom LimitedTelecommunication0.86%
54Net Receivable/Payableother—0.84%
55WeWork India Management LimitedIndustrials0.84%
56Minda Corporation LimitedConsumer Discretionary0.83%
57Diamond Power Infrastructure LimitedIndustrials0.78%
58Raymond LimitedIndustrials0.77%
59Krishna Institute of Medical Sciences LimitedHealthcare0.77%
60Northern Arc Capital LimitedFinancial Services0.73%
61HORIZON INDUSTRIAL PARKS LTDReal Estate0.73%
62The Jammu & Kashmir Bank LimitedFinancial Services0.73%
63Schneider Electric Infrastructure LimitedIndustrials0.65%
64PSP Projects LimitedIndustrials0.65%
65Angel One LimitedFinancial Services0.62%
66Bharat Bijlee LimitedIndustrials0.61%
67OnEMI Technology Solutions LimitedFinancial Services0.61%
68EPL LimitedIndustrials0.61%
69Blue Star LimitedConsumer Discretionary0.6%
70Black Box LimitedInformation Technology0.58%
71GAJA ALTERNATIVE ASSET MANAGFinancial Services0.58%
72KNACK PACKAGING LTDIndustrials0.57%
73Wheels India LimitedConsumer Discretionary0.56%
74GE Power India LimitedIndustrials0.55%
75S.J.S. Enterprises LimitedConsumer Discretionary0.53%
76Equitas Small Finance Bank LimitedFinancial Services0.51%
77VARMORA GRANITO LTDConsumer Discretionary0.49%
78Patel Engineering LimitedIndustrials0.48%
79JSW Cement LimitedMaterials0.46%
80LEAP INDIA LTDIndustrials0.46%
81Hi-Tech Pipes LimitedIndustrials0.43%
82Devyani International LimitedConsumer Discretionary0.42%
83PG Electroplast LimitedConsumer Discretionary0.4%
84BOROSIL RENEWABLES LIMITEDIndustrials0.38%
85Metropolis Healthcare LimitedHealthcare0.37%
86Ventive Hospitality LimitedConsumer Discretionary0.34%
87M & B Engineering LimitedIndustrials0.34%
88Ksb LimitedIndustrials0.26%
89Tenneco Clean Air India LimitedConsumer Discretionary0.21%
90ESDS SOFTWARE SOLUTION LTDInformation Technology0.02%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, Garware Hi-Tech Films Limited is 4.5% of JM Small Cap Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, Navin Fluorine International Limited is 2.99% of JM Small Cap Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, Acutaas Chemicals Limited is 2.91% of JM Small Cap Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, Five-Star Business Finance Limited is 2.69% of JM Small Cap Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Shaily Engineering Plastics Limited is 2.45% of JM Small Cap 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 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.