JM Large and Midcap Fund

JM Financial Mutual FundEquityPortfolio as of 31 May 2026

JM Large and Midcap Fund holds 61 instruments (97.9% equity), led by ICICI Bank Limited (3.32%), Reliance Industries Limited (3.27%) and HDFC Bank Limited (2.98%), as of its 31 May 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

97.9%

AMC

JM Financial Mutual Fund

Portfolio Analysis

JM Large and Midcap Fund's top 10 holdings account for 26.76% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 28.9% of net assets, spread across 12 sectors in total. Since its 30 April 2026 disclosure, the fund added 4 new positions and exited 4 positions, with Vishal Mega Mart Limited seeing the largest move (+0.71pp to 1.67%).

Top 10 Equity Holdings

ICICI Bank Limited · 3.32%Reliance Industries Limited · 3.27%HDFC Bank Limited · 2.98%Bharti Airtel Limited · 2.66%Fortis Healthcare Limited · 2.66%Bajaj Finance Limited · 2.53%LG Electronics India Limited · 2.48%Max Financial Services Limited · 2.35%Shriram Finance Limited · 2.33%JSW Energy Limited · 2.18%

What Changed: April 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.

4 new entries4 exits10 increased9 reduced

New Entries

City Union Bank Limited · 1.21%Navin Fluorine International Limited · 1.04%Premier Energies Limited · 1.01%Billionbrains Garage Ventures Limited · 0.88%

Complete Exits

ITC Limited · was 1.35%ICICI Prudential Asset Management Company Limited · was 1.32%Hero MotoCorp Limited · was 1.25%Onesource Specialty Pharma Limited · was 0.84%

Biggest Weight Increases

Stock	Weight	Change
Vishal Mega Mart Limited	0.96% → 1.67%	▲ +0.71
UNO Minda Limited	1.42% → 1.85%	▲ +0.43
Hindustan Aeronautics Limited	1.17% → 1.5%	▲ +0.33
Coforge Limited	1.74% → 2.07%	▲ +0.33
Dixon Technologies (India) Limited	1.19% → 1.47%	▲ +0.28
GE Vernova T&D India Limited	1.64% → 1.88%	▲ +0.24
Dr. Reddy's Laboratories Limited	1.57% → 1.78%	▲ +0.21
Adani Ports and Special Economic Zone Limited	1.68% → 1.82%	▲ +0.14
KEI Industries Limited	1.59% → 1.72%	▲ +0.13
JSW Energy Limited	2.06% → 2.18%	▲ +0.12

Biggest Weight Reductions

Stock	Weight	Change
IDFC First Bank Limited	1.98% → 1.51%	▼ -0.47
Oil India Limited	1.78% → 1.49%	▼ -0.29
Reliance Industries Limited	3.55% → 3.27%	▼ -0.28
JINDAL STEEL LIMITED	2.04% → 1.78%	▼ -0.26
State Bank of India	2.09% → 1.88%	▼ -0.21
Coromandel International Limited	1.57% → 1.39%	▼ -0.18
LG Electronics India Limited	2.6% → 2.48%	▼ -0.12
Marico Limited	1.94% → 1.82%	▼ -0.12
HDFC Bank Limited	3.09% → 2.98%	▼ -0.11

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 5 monthly disclosures (Jan – May 2026).

ICICI Bank Limited

3.32%

Reliance Industries Limited

3.27%

HDFC Bank Limited

2.98%

Bharti Airtel Limited

2.66%

Fortis Healthcare Limited

2.66%

Full Portfolio (61 holdings)

#	Holding	Sector	% to NAV
1	ICICI Bank Limited	Financial Services	3.32%
2	Reliance Industries Limited	Energy	3.27%
3	HDFC Bank Limited	Financial Services	2.98%
4	Bharti Airtel Limited	Telecommunication	2.66%
5	Fortis Healthcare Limited	Healthcare	2.66%
6	Bajaj Finance Limited	Financial Services	2.53%
7	LG Electronics India Limited	Consumer Discretionary	2.48%
8	Max Financial Services Limited	Financial Services	2.35%
9	Shriram Finance Limited	Financial Services	2.33%
10	JSW Energy Limited	Utilities	2.18%
11	Torrent Pharmaceuticals Limited	Healthcare	2.17%
12	BSE Limited	Financial Services	2.16%
13	Coforge Limited	Information Technology	2.07%
14	One 97 Communications Limited	Financial Services	2.06%
15	Net Receivable/Payableother	—	2.01%
16	Persistent Systems Limited	Information Technology	1.96%
17	State Bank of India	Financial Services	1.88%
18	GE Vernova T&D India Limited	Industrials	1.88%
19	UNO Minda Limited	Consumer Discretionary	1.85%
20	Adani Ports and Special Economic Zone Limited	Services	1.82%
21	Marico Limited	Consumer Staples	1.82%
22	Radico Khaitan Limited	Consumer Staples	1.81%
23	Dr. Reddy's Laboratories Limited	Healthcare	1.78%
24	JINDAL STEEL LIMITED	Materials	1.78%
25	Mahindra & Mahindra Limited	Consumer Discretionary	1.77%
26	Hindustan Zinc Limited	Materials	1.76%
27	KEI Industries Limited	Industrials	1.72%
28	Vishal Mega Mart Limited	Consumer Discretionary	1.67%
29	Nippon Life India Asset Management Limited	Financial Services	1.61%
30	Larsen & Toubro Limited	Industrials	1.58%
31	InterGlobe Aviation Limited	Services	1.56%
32	IDFC First Bank Limited	Financial Services	1.51%
33	Hindustan Aeronautics Limited	Industrials	1.5%
34	Oil India Limited	Energy	1.49%
35	Dixon Technologies (India) Limited	Consumer Discretionary	1.47%
36	PB Fintech Limited	Financial Services	1.45%
37	Coromandel International Limited	Materials	1.39%
38	Tech Mahindra Limited	Information Technology	1.35%
39	Bharat Electronics Limited	Industrials	1.34%
40	Mahindra & Mahindra Financial Services Limited	Financial Services	1.34%
41	Motilal Oswal Financial Services Limited	Financial Services	1.29%
42	TVS Motor Company Limited	Consumer Discretionary	1.29%
43	WeWork India Management Limited	Industrials	1.28%
44	ETERNAL LIMITED	Consumer Discretionary	1.27%
45	Tata Power Company Limited	Utilities	1.24%
46	The India Cements Limited	Materials	1.23%
47	City Union Bank Limited	Financial Services	1.21%
48	K.P.R. Mill Limited	Consumer Discretionary	1.15%
49	Lupin Limited	Healthcare	1.14%
50	Indus Towers Limited	Telecommunication	1.05%
51	Navin Fluorine International Limited	Materials	1.04%
52	The Phoenix Mills Limited	Real Estate	1.01%
53	Premier Energies Limited	Industrials	1.01%
54	The Indian Hotels Company Limited	Consumer Discretionary	0.98%
55	Waaree Energies Limited	Industrials	0.96%
56	Maruti Suzuki India Limited	Consumer Discretionary	0.94%
57	UltraTech Cement Limited	Materials	0.93%
58	Billionbrains Garage Ventures Limited	Financial Services	0.88%
59	Trent Limited	Consumer Discretionary	0.88%
60	Cartrade Tech Limited	Consumer Discretionary	0.81%
61	CCILother	—	0.07%

Frequently Asked Questions

Yes. As of its 31 May 2026 disclosure, ICICI Bank Limited is 3.32% of JM Large and Midcap Fund's net assets — its number 1 holding.

Yes. As of its 31 May 2026 disclosure, Reliance Industries Limited is 3.27% of JM Large and Midcap Fund's net assets — its number 2 holding.

Yes. As of its 31 May 2026 disclosure, HDFC Bank Limited is 2.98% of JM Large and Midcap Fund's net assets — its number 3 holding.

Yes. As of its 31 May 2026 disclosure, Bharti Airtel Limited is 2.66% of JM Large and Midcap Fund's net assets — its number 4 holding.

Yes. As of its 31 May 2026 disclosure, Fortis Healthcare Limited is 2.66% of JM Large and 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.