MonitorPlan n/a · Option n/aWatch before adding
JM Short Term Fund-closed
JM Financial Mutual FundIncome/Debt Oriented Schemes - Short Term Fund13.8 years
- NAV
- 14.6036
- 25 Sept 2020
- 1Y
- +4.4%
- Trailing CAGR
- AUM
- ₹29.87 Cr
- 31 Aug 2026
- Volatility
- Low
- 3.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 25 Sept 2020
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Axis Short Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 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 -7.6%. Ask whether you can hold through a similar fall.
Vs category
Pass
100th percentile on 3Y returns in category.
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 ≈ 100.0% 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+4.4%
- 3Y+3.7%
- 5Y+5.7%
- 10Yn/a
- SI+5.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+10.3%
- 3Y+4.0%
- 5Y+4.6%
- 10Yn/a
- Since inception
- +5.0%
- Calendar-day CAGR
- Excess 1Y
- +4.6%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +4.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.2%
- 1147 daily-ending windows
- Median rolling 3Y
- +6.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 664 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -7.6%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 22 days
- Days below latest peak
- Time below peak
- +64%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 151 recovered episodes
- Longest recovery
- 460 days
- Trough to prior peak
3 Jun 2019 – 6 Jul 2020
Trough 29 Oct 2019 · recovered in 251 days
-7.6%
27 May 2013 – 27 Oct 2014
Trough 24 Jul 2013 · recovered in 460 days
-2.1%
24 Nov 2016 – 27 Jan 2017
Trough 28 Dec 2016 · recovered in 30 days
-1.4%
7 Feb 2017 – 5 Apr 2017
Trough 9 Feb 2017 · recovered in 55 days
-1.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
79
Consistency
n/a
Risk-adjusted
11
Drawdown
81
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
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
31 Aug 2026 · 7 holdings · top 10 are 100.0%.
- Top 5
- 88.1%
- Top 10
- 100.0%
- Largest holding
- n/a
- Effective holdings
- n/a
Asset mix
Debt
69.8%
Cash
30.2%
Sectors
Entities
52.4%
Unspecified
30.2%
Financial
17.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Short Term Fund
Axis Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.6%
- Vol
- 1.5%
- Max DD
- -2.6%
- Sharpe
- 1.43
- 3Y win
- +97%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Bandhan Short Term Fund
Bandhan Mutual Fund
- 1Y
- +5.5%
- 3Y
- +7.6%
- Vol
- 1.4%
- Max DD
- -2.5%
- Sharpe
- 1.26
- 3Y win
- +39%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios)
Baroda BNP Paribas Mutual Fund
- 1Y
- +4.6%
- 3Y
- +7.3%
- Vol
- 1.2%
- Max DD
- -2.1%
- Sharpe
- 1.60
- 3Y win
- +63%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Canara Robeco Short Term Fund
Canara Robeco Mutual Fund
- 1Y
- +4.5%
- 3Y
- +6.9%
- Vol
- 1.3%
- Max DD
- -2.2%
- Sharpe
- 0.95
- 3Y win
- +14%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Groww Short Term Fund
Groww Mutual Fund
- 1Y
- +4.9%
- 3Y
- +7.4%
- Vol
- 1.0%
- Max DD
- -1.2%
- Sharpe
- 1.52
- 3Y win
- +33%
- Lower volatility
- Shallower drawdown
- Higher trailing returns