JM Large Cap Fund

JM Financial Mutual FundEquityPortfolio as of 30 September 2026

JM Large Cap Fund holds 51 instruments (95.79% equity), led by State Bank of India (4.56%), Bharti Airtel Limited (3.88%) and ICICI Bank Limited (3.56%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
51
Equity Allocation
95.79%
AMC
JM Financial Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of JM Large Cap Fund, managed by JM Financial Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 51 instruments with an equity allocation of 95.79%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

JM Large Cap Fund's top 10 holdings account for 32.76% of its portfolio, more diversified than the Equity category average of 37%. Financial Services is its largest sector exposure at 29.9% of net assets, spread across 13 sectors in total. Since its 31 August 2026 disclosure, the fund added 2 new positions and exited 3 positions, with ICICI Bank Limited seeing the largest move (-1.32pp to 3.56%).

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.

Financial Services
29.9%
Consumer Discretionary
16.14%
Industrials
9.14%
Healthcare
9.02%
Materials
6.25%
Services
4.65%
Information Technology
4.23%
Other
4.2%
Telecommunication
3.88%
Consumer Staples
3.42%
Energy
3.36%
Utilities
2.94%
Diversified
1.74%
Real Estate
1.12%

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.

2 new entries3 exits10 increased5 reduced

Biggest Weight Increases

StockWeightChange
Adani Ports and Special Economic Zone Limited2.31% → 2.88%▲ +0.57
Zydus Lifesciences Limited1.03% → 1.44%▲ +0.41
Cummins India Limited1.06% → 1.37%▲ +0.31
Hitachi Energy India Limited1.04% → 1.33%▲ +0.29
Kotak Mahindra Bank Limited2.86% → 3.15%▲ +0.29
Bharti Airtel Limited3.61% → 3.88%▲ +0.27
Polycab India Limited0.91% → 1.12%▲ +0.21
One 97 Communications Limited2.49% → 2.69%▲ +0.2
Divi's Laboratories Limited1.91% → 2.08%▲ +0.17
The Indian Hotels Company Limited1.8% → 1.96%▲ +0.16

Biggest Weight Reductions

StockWeightChange
ICICI Bank Limited4.88% → 3.56%▼ -1.32
HDFC Bank Limited3.58% → 2.69%▼ -0.89
United Spirits Limited2.01% → 1.75%▼ -0.26
Larsen & Toubro Limited3.07% → 2.9%▼ -0.17
Torrent Pharmaceuticals Limited2.93% → 2.8%▼ -0.13

Top Holdings — Weight Trend

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

Feb: 4.75%, Mar: 4.25%, Apr: 4.28%, May: 3.92%, Aug: 4.55%, Sept: 4.56%
4.56%
Feb: 4.13%, Mar: 4.3%, Apr: 3.98%, May: 3.91%, Aug: 3.61%, Sept: 3.88%
3.88%
Feb: 4.44%, Mar: 4.26%, Apr: 3.89%, May: 4.39%, Aug: 4.88%, Sept: 3.56%
3.56%
Feb: 5.82%, Mar: 6.23%, Apr: 6.13%, May: 5.74%, Aug: 3.27%, Sept: 3.36%
3.36%
Feb: 2.27%, Mar: 2.19%, Apr: 2.44%, May: 2.48%, Aug: 2.86%, Sept: 3.15%
3.15%

Full Portfolio (51 holdings)

#HoldingSector% to NAV
1State Bank of IndiaFinancial Services4.56%
2Bharti Airtel LimitedTelecommunication3.88%
3ICICI Bank LimitedFinancial Services3.56%
4Reliance Industries LimitedEnergy3.36%
5Kotak Mahindra Bank LimitedFinancial Services3.15%
6Larsen & Toubro LimitedIndustrials2.9%
7Adani Ports and Special Economic Zone LimitedServices2.88%
8Axis Bank LimitedFinancial Services2.88%
9Torrent Pharmaceuticals LimitedHealthcare2.8%
10Bajaj Finance LimitedFinancial Services2.79%
11Apollo Hospitals Enterprise LimitedHealthcare2.7%
12HDFC Bank LimitedFinancial Services2.69%
13One 97 Communications LimitedFinancial Services2.69%
14Titan Company LimitedConsumer Discretionary2.5%
15Mahindra & Mahindra LimitedConsumer Discretionary2.47%
16Shriram Finance LimitedFinancial Services2.44%
17The Clearing Corporation of India Ltdother—2.33%
18TVS Motor Company LimitedConsumer Discretionary2.25%
19Divi's Laboratories LimitedHealthcare2.08%
20ETERNAL LIMITEDConsumer Discretionary2.03%
21The Indian Hotels Company LimitedConsumer Discretionary1.96%
22Net Receivable/Payableother—1.87%
23JSW Energy LimitedUtilities1.85%
24Bajaj Auto LimitedConsumer Discretionary1.84%
25360 ONE WAM LIMITEDFinancial Services1.8%
26UltraTech Cement LimitedMaterials1.8%
27InterGlobe Aviation LimitedServices1.77%
28Maruti Suzuki India LimitedConsumer Discretionary1.77%
29Tech Mahindra LimitedInformation Technology1.76%
30United Spirits LimitedConsumer Staples1.75%
31Vedanta Aluminium Metal LimitedDiversified1.74%
32TATA CONSUMER PRODUCTS LIMITEDConsumer Staples1.67%
33Zydus Lifesciences LimitedHealthcare1.44%
34Cummins India LimitedIndustrials1.37%
35Hitachi Energy India LimitedIndustrials1.33%
36Bharat Electronics LimitedIndustrials1.32%
37LTM LimitedInformation Technology1.32%
38Billionbrains Garage Ventures LimitedFinancial Services1.3%
39Samvardhana Motherson International LimitedConsumer Discretionary1.24%
40Tata Steel LimitedMaterials1.23%
41Solar Industries India LimitedMaterials1.19%
42Adani Enterprises LimitedMaterials1.16%
43Infosys LimitedInformation Technology1.15%
44SBI FUNDS MANAGEMENT LTDFinancial Services1.14%
45Polycab India LimitedIndustrials1.12%
46Lodha Developers LimitedReal Estate1.12%
47CG Power and Industrial Solutions LimitedIndustrials1.1%
48Adani Power LimitedUtilities1.09%
49BSE LimitedFinancial Services0.9%
50SRF LimitedMaterials0.87%
51ANIRIT VENTURES LIMITEDConsumer Discretionary0.08%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, State Bank of India is 4.56% of JM Large Cap Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, Bharti Airtel Limited is 3.88% of JM Large Cap Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 3.56% of JM Large Cap Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, Reliance Industries Limited is 3.36% of JM Large Cap Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Kotak Mahindra Bank Limited is 3.15% of JM Large 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.