MonitorPlan n/a · Option n/aWatch before adding
JM Ultra Short Duration Fund
JM Financial Mutual FundDebt Scheme - Ultra Short Duration Fund13.8 years
- NAV
- 10.5165
- 25 Sept 2020
- 1Y
- +5.8%
- Trailing CAGR
- AUM
- ₹17,000
- 30 Sept 2020
- 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 · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Franklin India Ultra Short Bond Fund (no. of segregated portfolio-1) 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 -6.0%. Ask whether you can hold through a similar fall.
Vs category
Fail
19% 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
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.
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+5.8%
- 3Y+0.8%
- 5Y+0.5%
- 10Yn/a
- SI+0.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+10.3%
- 3Y+2.4%
- 5Y+1.3%
- 10Yn/a
- Since inception
- +0.3%
- Calendar-day CAGR
- Excess 1Y
- +5.8%
- Category median, same plan and option
- 3Y win rate
- +19%
- Windows beating the median
- 3Y percentile
- 33
- Vs comparable share classes
- SIP 3Y XIRR
- +2.4%
- Simulated monthly SIP
- Worst rolling 3Y
- -1.9%
- 1147 daily-ending windows
- Median rolling 3Y
- -0.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +39%
- 663 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -6.0%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +96%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 50 days
- 17 recovered episodes
- Longest recovery
- 279 days
- Trough to prior peak
4 Apr 2016 – 6 Jul 2020
Trough 29 Oct 2019 · recovered in 251 days
-6.0%
6 Apr 2015 – 4 Apr 2016
Trough 30 Jun 2015 · recovered in 279 days
-0.5%
7 Oct 2013 – 24 Mar 2014
Trough 7 Nov 2013 · recovered in 137 days
-0.5%
24 Mar 2014 – 6 Apr 2015
Trough 25 Mar 2015 · recovered in 12 days
-0.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
33
Vs category
87
Consistency
28
Risk-adjusted
0
Drawdown
85
Mean
47
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
- 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.
Franklin India Ultra Short Bond Fund (no. of segregated portfolio-1)
Franklin Templeton Mutual Fund
- 1Y
- +13.7%
- 3Y
- +8.7%
- Vol
- 1.6%
- Max DD
- -4.4%
- Sharpe
- 1.77
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
HDFC Ultra Short Term Fund
HDFC Mutual Fund
- 1Y
- +6.1%
- 3Y
- +7.1%
- Vol
- 0.6%
- Max DD
- -1.0%
- Sharpe
- 1.27
- 3Y win
- +38%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Tata Ultra Short Term Fund
Tata Mutual Fund
- 1Y
- +6.8%
- 3Y
- +7.4%
- Vol
- 0.5%
- Max DD
- -0.7%
- Sharpe
- 1.23
- 3Y win
- +67%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
ICICI Prudential Ultra Short term Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.3%
- Vol
- 1.7%
- Max DD
- -7.5%
- Sharpe
- 1.17
- 3Y win
- +100%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown
Motilal Oswal Ultra Short Term Fund - Payout/Reinvestment
Motilal Oswal Mutual Fund
- 1Y
- 0.0%
- 3Y
- +1.8%
- Vol
- 2.6%
- Max DD
- -12.2%
- Sharpe
- -1.84
- 3Y win
- +30%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown