MonitorDirect · IDCWWatch before adding
JM G-Sec Fund - (Direct) Annual
JM Financial Asset Management LimitedDebt Scheme - Gilt Fund34.1 years
- NAV
- 29.7714
- 7 Sept 2019
- 1Y
- +13.0%
- Trailing CAGR
- AUM
- ₹11,000
- 30 Sept 2019
- Volatility
- Low
- 4.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 7 Sept 2019
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer JM G-Sec Fund - (Direct) Half Yearly if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
34.1 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Pass
Peak-to-trough -5.2%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / payout
Watch
IDCW pays out and usually slows compounding. Growth is the default for multi-year wealth jobs.
Portfolio concentration
n/a
Holdings weights not on file for this scheme yet.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
IDCW vs Growth
IDCW pays out and usually slows compounding. For multi-year wealth jobs, Growth is the default FA stance.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+13.0%
- 3Y+7.2%
- 5Yn/a
- 10Yn/a
- SI+9.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+14.2%
- 3Y+7.8%
- 5Yn/a
- 10Yn/a
- Since inception
- +9.1%
- Calendar-day CAGR
- Excess 1Y
- -0.0%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 67
- Vs comparable share classes
- SIP 3Y XIRR
- +7.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +7.1%
- 323 daily-ending windows
- Median rolling 3Y
- +8.3%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -5.2%
- Worst peak-to-trough
- Current
- -0.2%
- Below last peak
- Current spell
- 53 days
- Days below latest peak
- Time below peak
- +84%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 12 days
- 57 recovered episodes
- Longest recovery
- 260 days
- Trough to prior peak
24 Jul 2017 – 9 Nov 2018
Trough 22 Feb 2018 · recovered in 260 days
-5.2%
24 Nov 2016 – 1 Jun 2017
Trough 10 Mar 2017 · recovered in 83 days
-3.8%
20 Oct 2015 – 15 Mar 2016
Trough 25 Feb 2016 · recovered in 19 days
-3.0%
29 May 2015 – 31 Jul 2015
Trough 12 Jun 2015 · recovered in 49 days
-2.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
67
Vs category
50
Consistency
74
Risk-adjusted
61
Drawdown
87
Mean
68
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
No holdings or recent changes on file for this scheme yet.
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
JM G-Sec Fund - (Direct) Half Yearly
JM Financial Asset Management Limited
- 1Y
- +13.0%
- 3Y
- +7.2%
- Vol
- 4.4%
- Max DD
- -5.2%
- Sharpe
- 0.73
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Bajaj Finserv Gilt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.8%
- 3Y
- n/a
- Vol
- 3.3%
- Max DD
- -3.9%
- Sharpe
- -0.47
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Bandhan Gilt Fund
Bandhan Mutual Fund
- 1Y
- +7.2%
- 3Y
- +8.3%
- Vol
- 4.1%
- Max DD
- -7.1%
- Sharpe
- 0.67
- 3Y win
- +49%
- Lower volatility
- Higher trailing returns
Caveat: Deeper drawdown
JM G-Sec Fund - (Direct) Monthly
JM Financial Asset Management Limited
- 1Y
- +13.0%
- 3Y
- +7.1%
- Vol
- 4.4%
- Max DD
- -5.2%
- Sharpe
- 0.70
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
PGIM India Gilt Fund
PGIM India Mutual Fund
- 1Y
- +0.9%
- 3Y
- +6.0%
- Vol
- 2.8%
- Max DD
- -3.2%
- Sharpe
- 0.40
- 3Y win
- +8%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns