MonitorDirect · GrowthWatch before adding
JM Short Term Fund..
JM Financial Mutual FundDebt Scheme - Short Duration Fund4.2 years
- NAV
- 13.1373
- 29 Oct 2026
- 1Y
- +4.3%
- Trailing CAGR
- AUM
- ₹79.24 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.9% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Aditya Birla Sun Life Short Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
4.2 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.39% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.5%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% 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 / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 68.9% of the portfolio.
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.
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+4.3%
- 3Y+7.0%
- 5Yn/a
- 10Yn/a
- SI+6.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.2%
- 3Y+6.1%
- 5Yn/a
- 10Yn/a
- Since inception
- +6.7%
- Calendar-day CAGR
- Excess 1Y
- -0.2%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- +6.1%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.8%
- 282 daily-ending windows
- Median rolling 3Y
- +7.3%
- 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
- -0.5%
- Worst peak-to-trough
- Current
- -0.2%
- Below last peak
- Current spell
- 50 days
- Days below latest peak
- Time below peak
- +40%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 121 recovered episodes
- Longest recovery
- 23 days
- Trough to prior peak
6 Jun 2025 – 3 Jul 2025
Trough 13 Jun 2025 · recovered in 20 days
-0.5%
2 Mar 2026 – 8 Apr 2026
Trough 2 Apr 2026 · recovered in 6 days
-0.5%
7 May 2026 – 5 Jun 2026
Trough 21 May 2026 · recovered in 15 days
-0.5%
9 Sept 2026 – open
Trough 23 Oct 2026 · not recovered
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
49
Consistency
0
Risk-adjusted
74
Drawdown
99
Mean
44
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
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 21 holdings · top 10 are 68.9%.
- Top 5
- 37.7%
- Top 10
- 68.9%
- Largest holding
- 11.5%
- Effective holdings
- 16.6
GOVERNMENT OF INDIA 37080 GOI 16FB31 6.36 FV RS 100
Entities
11.5%
HDFC BANK LIMITED CD 05MAR27
Financial
7.4%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC
Financial
6.3%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VIII 7.68 BD 09JL27 FVRS1LAC
Financial
6.3%
HDB FINANCIAL SERVICES LIMITED SR 218 7.9611 NCD 05JN28 FVRS1LAC
Financial
6.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Short Term Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +4.6%
- 3Y
- +7.4%
- Vol
- 1.6%
- Max DD
- -2.7%
- Sharpe
- 1.53
- 3Y win
- +91%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
DSP Short Term Fund
DSP Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.0%
- Vol
- 1.4%
- Max DD
- -2.8%
- Sharpe
- 1.27
- 3Y win
- +2%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ICICI Prudential Short Term Fund
ICICI Prudential Mutual Fund
- 1Y
- +4.9%
- 3Y
- +7.4%
- Vol
- 1.6%
- Max DD
- -3.4%
- Sharpe
- 1.50
- 3Y win
- +95%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Franklin India Short-Term Income Plan (no. of segregated portfolios- 3)
Franklin Templeton Mutual Fund
- 1Y
- +192.3%
- 3Y
- +47.3%
- Vol
- n/a
- Max DD
- -17.3%
- Sharpe
- n/a
- 3Y win
- n/a
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
TRUSTMF Short Duration Fund
Trust Mutual Fund
- 1Y
- +4.5%
- 3Y
- +7.0%
- Vol
- 0.9%
- Max DD
- -1.1%
- Sharpe
- 0.28
- 3Y win
- 0%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown