+91-22-4891390910 Best JM Financial Mutual Fund Schemes 2025
JM Financial Mutual Fund offers various funds that cater to the diverse needs of both, individual and its institutional investors. Investors can choose from options like equity, debt, arbitrage, hybrid and Liquid Funds.
By Investing in Equity Funds, investors can aim of a long-term wealth creation. Debt fund are a good option for a regular and steady Income. And by investing in Hybrid Fund, investors can avail the benefits of both debt and equity, as these funds invest in both the instruments. The fund house aims at managing risk effectively so that investors gain the most out of their investments. Following are the top 10 best JM Financial Mutual Fund schemes where you can invest and earn good profits.
These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, peer average returns, etc.
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Why Invest with JM Financial Mutual Fund?
- It is rated CRISIL AAAmfs.
- Since the fund house offers a Range of mutual fund schemes, investors can plan their investment goals and fulfill by investing in these funds.
- Investors with different risk appetites can plan their investments with JM Financial MF.
- Investors who want to invest for tax savings, JM Financial offers Tax Saving Scheme which is known by
JM Tax Gain Fund. One can plan their Taxes under sec 80C.
Best JM Financial Mutual Fund Schemes
Fund NAV Net Assets (Cr) Min Investment Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) Since launch (%) 2024 (%) JM Liquid Fund Growth ₹75.72
↑ 0.00 ₹2,147 5,000 500 1.6 3.2 6.1 6.8 6.1 7.4 6.4 JM Dynamic Debt Fund Growth ₹43.1398
↓ -0.12 ₹53 5,000 500 1.7 1.8 3 6.5 5.7 6.6 7 JM Core 11 Fund Growth ₹19.6353
↓ -0.42 ₹279 5,000 500 6.1 -1.9 -0.7 12.9 13.3 3.7 -1.9 JM Multicap Fund Growth ₹96.0668
↓ -1.86 ₹5,069 5,000 500 8 0.7 -2.5 15.2 16.2 13.6 -6.8 JM Value Fund Growth ₹92.3772
↓ -2.14 ₹805 5,000 500 5.4 -1.9 -7.6 13.6 15 15.7 -4.4 JM Ultra Short Duration Fund Growth ₹26.7173
↑ 0.00 ₹35 5,000 500 4.5 6.4 5.3 4.3 5.7 7.3 JM Tax Gain Fund Growth ₹49.7423
↓ -1.06 ₹223 500 500 9.6 0.9 2 15.1 14.5 9.2 2.5 JM Arbitrage Fund Growth ₹34.4791
↑ 0.00 ₹369 5,000 500 1.5 2.8 5.7 6.4 5.6 6.4 5.9 JM Large Cap Fund Growth ₹150.297
↓ -2.96 ₹416 5,000 500 2.4 -4.8 -3.3 10.7 11.2 9.1 3.8 JM Equity Hybrid Fund Growth ₹115.782
↓ -1.79 ₹692 5,000 500 2.8 -2.7 -5.6 13.2 12.8 12 -3.1 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Jul 26 Research Highlights & Commentary of 10 Funds showcased
Commentary JM Liquid Fund JM Dynamic Debt Fund JM Core 11 Fund JM Multicap Fund JM Value Fund JM Ultra Short Duration Fund JM Tax Gain Fund JM Arbitrage Fund JM Large Cap Fund JM Equity Hybrid Fund Point 1 Top quartile AUM (₹2,147 Cr). Bottom quartile AUM (₹53 Cr). Lower mid AUM (₹279 Cr). Highest AUM (₹5,069 Cr). Upper mid AUM (₹805 Cr). Bottom quartile AUM (₹35 Cr). Bottom quartile AUM (₹223 Cr). Lower mid AUM (₹369 Cr). Upper mid AUM (₹416 Cr). Upper mid AUM (₹692 Cr). Point 2 Established history (28+ yrs). Established history (23+ yrs). Established history (18+ yrs). Established history (17+ yrs). Established history (29+ yrs). Established history (19+ yrs). Established history (18+ yrs). Established history (19+ yrs). Oldest track record among peers (31 yrs). Established history (31+ yrs). Point 3 Top rated. Rating: 4★ (top quartile). Rating: 4★ (upper mid). Rating: 4★ (upper mid). Rating: 4★ (upper mid). Rating: 3★ (lower mid). Rating: 3★ (lower mid). Rating: 2★ (bottom quartile). Rating: 2★ (bottom quartile). Rating: 1★ (bottom quartile). Point 4 Risk profile: Low. Risk profile: Moderately Low. Risk profile: High. Risk profile: Moderately High. Risk profile: High. Risk profile: Moderately Low. Risk profile: Moderately High. Risk profile: Moderately Low. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 1Y return: 6.12% (top quartile). 1Y return: 3.03% (upper mid). 5Y return: 13.29% (upper mid). 5Y return: 16.17% (top quartile). 5Y return: 15.02% (top quartile). 1Y return: 5.35% (upper mid). 5Y return: 14.51% (upper mid). 5Y return: 5.58% (bottom quartile). 5Y return: 11.17% (lower mid). 5Y return: 12.81% (upper mid). Point 6 1M return: 0.58% (bottom quartile). 1M return: 0.89% (lower mid). 3Y return: 12.95% (upper mid). 3Y return: 15.15% (top quartile). 3Y return: 13.61% (upper mid). 1M return: 0.23% (bottom quartile). 3Y return: 15.07% (top quartile). 3Y return: 6.45% (bottom quartile). 3Y return: 10.66% (lower mid). 3Y return: 13.23% (upper mid). Point 7 Sharpe: 1.80 (top quartile). Sharpe: -2.16 (bottom quartile). 1Y return: -0.66% (lower mid). 1Y return: -2.50% (lower mid). 1Y return: -7.57% (bottom quartile). Sharpe: 0.13 (top quartile). 1Y return: 2.01% (upper mid). 1Y return: 5.68% (top quartile). 1Y return: -3.31% (bottom quartile). 1Y return: -5.55% (bottom quartile). Point 8 Information ratio: -0.49 (bottom quartile). Information ratio: 0.00 (lower mid). Alpha: -0.12 (lower mid). Alpha: -2.68 (bottom quartile). Alpha: -5.51 (bottom quartile). Information ratio: 0.00 (bottom quartile). Alpha: 2.48 (top quartile). 1M return: 0.52% (bottom quartile). Alpha: 0.96 (top quartile). 1M return: 3.78% (upper mid). Point 9 Yield to maturity (debt): 6.43% (upper mid). Yield to maturity (debt): 7.17% (top quartile). Sharpe: -0.23 (upper mid). Sharpe: -0.37 (lower mid). Sharpe: -0.48 (lower mid). Yield to maturity (debt): 3.37% (upper mid). Sharpe: -0.09 (upper mid). Alpha: 0.00 (upper mid). Sharpe: -0.32 (upper mid). Alpha: -2.49 (bottom quartile). Point 10 Modified duration: 0.07 yrs (lower mid). Modified duration: 2.12 yrs (bottom quartile). Information ratio: 0.10 (lower mid). Information ratio: 0.53 (top quartile). Information ratio: 0.30 (upper mid). Modified duration: 0.35 yrs (bottom quartile). Information ratio: 0.49 (upper mid). Sharpe: -0.88 (bottom quartile). Information ratio: 0.22 (upper mid). Sharpe: -0.52 (bottom quartile). JM Liquid Fund
JM Dynamic Debt Fund
JM Core 11 Fund
JM Multicap Fund
JM Value Fund
JM Ultra Short Duration Fund
JM Tax Gain Fund
JM Arbitrage Fund
JM Large Cap Fund
JM Equity Hybrid Fund
(Erstwhile JM High Liquidity Fund) To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in debt and money market instruments. Below is the key information for JM Liquid Fund Returns up to 1 year are on (Erstwhile JM Floater Long Term Fund) The scheme Objective is to provide regular income and capital appreciation through investment in Floating Rate debt Instruments, fixed rate debt instruments swapped for floating rate returns and also fixed rate instruments and money market instruments. Research Highlights for JM Dynamic Debt Fund Below is the key information for JM Dynamic Debt Fund Returns up to 1 year are on The investment objective of the Scheme is to provide long-term growth by investing predominantly in a concentrated portfolio of equity / equity related instruments of companies. Research Highlights for JM Core 11 Fund Below is the key information for JM Core 11 Fund Returns up to 1 year are on (Erstwhile JM Multi Strategy Fund) The investment objective of the Scheme is to provide capital appreciation by investing in equity and equity related securities using a combination of strategies. Research Highlights for JM Multicap Fund Below is the key information for JM Multicap Fund Returns up to 1 year are on (Erstwhile JM Basic Fund) The primary objective of the Scheme will be to provide capital appreciation to its Unitholders through judicious deployment of the corpus of the Scheme in sectors categorized under “basic industry” in the normal parlance and in context of the Indian economy, including but not limited to, energy, petrochemicals, oil & gas, power generation & distribution and electrical equipment suppliers, metals and building material. The fund would continue to remain open-ended with a sector focus. Research Highlights for JM Value Fund Below is the key information for JM Value Fund Returns up to 1 year are on (Erstwhile JM Money Manager Fund) To generate stable long term returns with low risk strategy and capital appreciation/accretion through investments in debt instruments and related securities besides preservation of capital. Research Highlights for JM Ultra Short Duration Fund Below is the key information for JM Ultra Short Duration Fund Returns up to 1 year are on The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns. Research Highlights for JM Tax Gain Fund Below is the key information for JM Tax Gain Fund Returns up to 1 year are on (Erstwhile JM Arbitrage Advantage Fund) The primary investment objective of the scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. Research Highlights for JM Arbitrage Fund Below is the key information for JM Arbitrage Fund Returns up to 1 year are on (Erstwhile JM Equity Fund) The scheme seeks to provide optimum capital growth and appreciation. Research Highlights for JM Large Cap Fund Below is the key information for JM Large Cap Fund Returns up to 1 year are on (Erstwhile JM Balanced Fund) To provide steady current income as well as long term growth of capital. Research Highlights for JM Equity Hybrid Fund Below is the key information for JM Equity Hybrid Fund Returns up to 1 year are on 1. JM Liquid Fund
JM Liquid Fund
Growth Launch Date 31 Dec 97 NAV (08 Jul 26) ₹75.72 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹2,147 on 31 May 26 Category Debt - Liquid Fund AMC JM Financial Asset Management Limited Rating ☆☆☆☆☆ Risk Low Expense Ratio 0.22 Sharpe Ratio 1.8 Information Ratio -0.49 Alpha Ratio -0.08 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.43% Effective Maturity 27 Days Modified Duration 26 Days Sub Cat. Liquid Fund Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,361 30 Jun 23 ₹11,018 30 Jun 24 ₹11,814 30 Jun 25 ₹12,650 30 Jun 26 ₹13,429 Returns for JM Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.2% 1 Year 6.1% 3 Year 6.8% 5 Year 6.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.4% 2023 7.2% 2022 7% 2021 4.8% 2020 3.3% 2019 4% 2018 6.6% 2017 7.4% 2016 6.7% 2015 7.7% Fund Manager information for JM Liquid Fund
Name Since Tenure Killol Pandya 5 Nov 24 1.65 Yr. Ruchi Fozdar 3 Apr 24 2.24 Yr. Jayant Dhoot 1 Aug 25 0.91 Yr. Data below for JM Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.56% Other 0.44% Debt Sector Allocation
Sector Value Cash Equivalent 74.72% Corporate 16.99% Government 7.85% Credit Quality
Rating Value AA 1.18% AAA 98.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tbill
Sovereign Bonds | -5% ₹100 Cr 10,000,000 Export-Import Bank of India
Commercial Paper | -5% ₹98 Cr 10,000,000
↑ 10,000,000 Ccil
CBLO/Reverse Repo | -4% ₹76 Cr 76,061
↑ 76,061 Union Bank Of India
Certificate of Deposit | -4% ₹75 Cr 7,500,000 Axis Bank Limited
Certificate of Deposit | -4% ₹74 Cr 7,500,000
↑ 7,500,000 Net Receivable/Payable
CBLO | -3% ₹56 Cr HDFC Securities Limited
Commercial Paper | -3% ₹50 Cr 5,000,000 Axis Bank Limited
Certificate of Deposit | -3% ₹50 Cr 5,000,000 National Bank For Agriculture And Rural Development
Commercial Paper | -3% ₹50 Cr 5,000,000 Bajaj Finance Limited
Commercial Paper | -3% ₹50 Cr 5,000,000 2. JM Dynamic Debt Fund
JM Dynamic Debt Fund
Growth Launch Date 25 Jun 03 NAV (08 Jul 26) ₹43.1398 ↓ -0.12 (-0.28 %) Net Assets (Cr) ₹53 on 31 May 26 Category Debt - Dynamic Bond AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.92 Sharpe Ratio -2.16 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.17% Effective Maturity 2 Years 7 Months 17 Days Modified Duration 2 Years 1 Month 13 Days Sub Cat. Dynamic Bond Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,309 30 Jun 23 ₹10,960 30 Jun 24 ₹11,677 30 Jun 25 ₹12,804 30 Jun 26 ₹13,238 Returns for JM Dynamic Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 0.9% 3 Month 1.7% 6 Month 1.8% 1 Year 3% 3 Year 6.5% 5 Year 5.7% 10 Year 15 Year Since launch 6.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 7% 2023 8% 2022 6.3% 2021 3.8% 2020 2.7% 2019 7.8% 2018 6.2% 2017 7.4% 2016 7.5% 2015 8.3% Fund Manager information for JM Dynamic Debt Fund
Name Since Tenure Killol Pandya 5 Nov 24 1.65 Yr. Ruchi Fozdar 3 Apr 24 2.24 Yr. Jayant Dhoot 1 Aug 25 0.91 Yr. Data below for JM Dynamic Debt Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 29.57% Debt 70.11% Other 0.33% Debt Sector Allocation
Sector Value Corporate 54.36% Government 32.72% Cash Equivalent 12.59% Credit Quality
Rating Value AA 9.85% AAA 90.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.36% Govt Stock 2031
Sovereign Bonds | -10% ₹5 Cr 550,000
↑ 150,000 Rec Limited
Debentures | -8% ₹5 Cr 450,000 6.94% Govt Stock 2036
Sovereign Bonds | -8% ₹4 Cr 400,000 National Bank For Agriculture And Rural Development
Debentures | -8% ₹4 Cr 400,000 Small Industries Development Bank Of India
Debentures | -7% ₹4 Cr 400,000
↑ 400,000 6.01% Govt Stock 2030
Sovereign Bonds | -7% ₹4 Cr 400,000 Bajaj Finance Limited
Debentures | -6% ₹3 Cr 300,000 Mahindra And Mahindra Financial Services Limited
Debentures | -6% ₹3 Cr 300,000 Bajaj Housing Finance Limited
Debentures | -6% ₹3 Cr 300,000 Muthoot Finance Limited
Debentures | -5% ₹3 Cr 250,000 3. JM Core 11 Fund
JM Core 11 Fund
Growth Launch Date 5 Mar 08 NAV (08 Jul 26) ₹19.6353 ↓ -0.42 (-2.09 %) Net Assets (Cr) ₹279 on 31 May 26 Category Equity - Large Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.38 Sharpe Ratio -0.23 Information Ratio 0.1 Alpha Ratio -0.12 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Sub Cat. Large Cap Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹9,962 30 Jun 23 ₹12,943 30 Jun 24 ₹19,005 30 Jun 25 ₹19,091 30 Jun 26 ₹18,895 Returns for JM Core 11 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 4.9% 3 Month 6.1% 6 Month -1.9% 1 Year -0.7% 3 Year 12.9% 5 Year 13.3% 10 Year 15 Year Since launch 3.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 -1.9% 2023 24.3% 2022 32.9% 2021 7.1% 2020 16.3% 2019 6.3% 2018 10.6% 2017 -5% 2016 43.1% 2015 11.1% Fund Manager information for JM Core 11 Fund
Name Since Tenure Satish Ramanathan 1 Oct 24 1.75 Yr. Asit Bhandarkar 25 Feb 09 17.36 Yr. Ruchi Fozdar 4 Oct 24 1.74 Yr. Deepak Gupta 11 Apr 25 1.22 Yr. Data below for JM Core 11 Fund as on 31 May 26
Equity Sector Allocation
Sector Value Financial Services 23.84% Consumer Cyclical 23.45% Industrials 17.21% Technology 14.07% Health Care 7.8% Basic Materials 6.35% Utility 3.2% Communication Services 2.95% Asset Allocation
Asset Class Value Cash 1.13% Equity 98.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity Ujjivan Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 May 25 | 5429045% ₹15 Cr 2,671,722
↓ -130,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 11 | LT5% ₹14 Cr 34,507
↓ -2,000 Amber Enterprises India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Mar 23 | AMBER5% ₹14 Cr 18,050 OneSource Specialty Pharma Ltd (Healthcare)
Equity, Since 31 Jan 25 | ONESOURCE4% ₹12 Cr 65,637 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jan 25 | BAJFINANCE4% ₹12 Cr 131,500
↓ -8,000 One97 Communications Ltd (Technology)
Equity, Since 31 May 25 | PAYTM4% ₹12 Cr 105,000 Premier Energies Ltd (Technology)
Equity, Since 31 Mar 26 | PREMIERENE4% ₹12 Cr 110,000
↑ 10,000 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 25 | ADANIPORTS4% ₹12 Cr 64,000 Eternal Ltd (Consumer Cyclical)
Equity, Since 30 Nov 23 | ETERNAL4% ₹12 Cr 460,000 IDFC First Bank Ltd (Financial Services)
Equity, Since 30 Apr 25 | IDFCFIRSTB4% ₹11 Cr 1,600,000 4. JM Multicap Fund
JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (08 Jul 26) ₹96.0668 ↓ -1.86 (-1.90 %) Net Assets (Cr) ₹5,069 on 31 May 26 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio -0.37 Information Ratio 0.53 Alpha Ratio -2.68 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Sub Cat. Multi Cap Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,440 30 Jun 23 ₹13,802 30 Jun 24 ₹22,664 30 Jun 25 ₹21,943 30 Jun 26 ₹21,442 Returns for JM Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 4.1% 3 Month 8% 6 Month 0.7% 1 Year -2.5% 3 Year 15.2% 5 Year 16.2% 10 Year 15 Year Since launch 13.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 -6.8% 2023 33.3% 2022 40% 2021 7.8% 2020 32.9% 2019 11.4% 2018 16.6% 2017 -5.4% 2016 39.5% 2015 10.5% Fund Manager information for JM Multicap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 4.86 Yr. Asit Bhandarkar 1 Oct 24 1.75 Yr. Ruchi Fozdar 4 Oct 24 1.74 Yr. Deepak Gupta 11 Apr 25 1.22 Yr. Data below for JM Multicap Fund as on 31 May 26
Equity Sector Allocation
Sector Value Financial Services 29.54% Consumer Cyclical 19.5% Industrials 9.6% Basic Materials 8.84% Technology 8.67% Health Care 6.63% Energy 6.28% Consumer Defensive 3.91% Utility 3.04% Communication Services 2.09% Asset Allocation
Asset Class Value Cash 1.88% Equity 98.1% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK5% ₹257 Cr 3,450,000
↑ 1,200,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK4% ₹222 Cr 1,770,062
↑ 350,000 Godfrey Phillips India Ltd (Consumer Defensive)
Equity, Since 28 Feb 25 | GODFRYPHLP3% ₹155 Cr 680,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹142 Cr 347,357
↑ 36,689 Arvind Ltd (Consumer Cyclical)
Equity, Since 31 Dec 23 | ARVIND3% ₹132 Cr 2,781,193 One97 Communications Ltd (Technology)
Equity, Since 31 May 25 | PAYTM2% ₹111 Cr 989,776 NTPC Ltd (Utilities)
Equity, Since 31 Jan 26 | NTPC2% ₹110 Cr 2,854,299
↓ -500,000 Garware Hi-Tech Films Ltd (Basic Materials)
Equity, Since 28 Feb 25 | 5006552% ₹108 Cr 175,925 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL2% ₹106 Cr 578,700
↑ 51,500 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN2% ₹105 Cr 1,090,196 5. JM Value Fund
JM Value Fund
Growth Launch Date 2 Jun 97 NAV (08 Jul 26) ₹92.3772 ↓ -2.14 (-2.26 %) Net Assets (Cr) ₹805 on 31 May 26 Category Equity - Value AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.23 Sharpe Ratio -0.48 Information Ratio 0.3 Alpha Ratio -5.51 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Sub Cat. Value Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹9,898 30 Jun 23 ₹13,579 30 Jun 24 ₹22,414 30 Jun 25 ₹21,917 30 Jun 26 ₹20,666 Returns for JM Value Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 3.4% 3 Month 5.4% 6 Month -1.9% 1 Year -7.6% 3 Year 13.6% 5 Year 15% 10 Year 15 Year Since launch 15.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 -4.4% 2023 25.1% 2022 47.7% 2021 5.3% 2020 36.3% 2019 13.4% 2018 11.9% 2017 -11.2% 2016 44.6% 2015 12.1% Fund Manager information for JM Value Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 4.87 Yr. Asit Bhandarkar 11 Dec 06 19.57 Yr. Ruchi Fozdar 4 Oct 24 1.74 Yr. Deepak Gupta 11 Apr 25 1.22 Yr. Data below for JM Value Fund as on 31 May 26
Equity Sector Allocation
Sector Value Financial Services 29.19% Consumer Cyclical 22.83% Industrials 15.53% Technology 6.94% Health Care 6.73% Basic Materials 5.87% Consumer Defensive 4.28% Utility 3.57% Communication Services 3.5% Energy 1.38% Asset Allocation
Asset Class Value Cash 0.17% Equity 99.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity Godfrey Phillips India Ltd (Consumer Defensive)
Equity, Since 31 Aug 24 | GODFRYPHLP4% ₹34 Cr 150,823
↓ -4,000 Shriram Finance Ltd (Financial Services)
Equity, Since 31 Aug 25 | SHRIRAMFIN4% ₹33 Cr 349,391 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 25 | DRREDDY3% ₹28 Cr 213,959 Jana Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | JSFB3% ₹27 Cr 550,553 Restaurant Brands Asia Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 29 Feb 24 | RBA3% ₹27 Cr 3,894,908 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 12 | HDFCBANK3% ₹25 Cr 330,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT3% ₹23 Cr 55,613
↓ -15,000 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY3% ₹23 Cr 195,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 24 | BHARTIARTL3% ₹22 Cr 120,000
↑ 20,000 Canara Bank (Financial Services)
Equity, Since 30 Sep 25 | CANBK3% ₹22 Cr 1,650,000
↓ -350,000 6. JM Ultra Short Duration Fund
JM Ultra Short Duration Fund
Growth Launch Date 27 Sep 06 NAV (24 Sep 20) ₹26.7173 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹35 on 31 Aug 20 Category Debt - Low Duration AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately Low Expense Ratio 1 Sharpe Ratio 0.13 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 3.37% Effective Maturity 4 Months 13 Days Modified Duration 4 Months 7 Days Sub Cat. Low Duration Growth of 10,000 investment over the years.
Date Value Returns for JM Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 0.2% 3 Month 4.5% 6 Month 6.4% 1 Year 5.3% 3 Year 4.3% 5 Year 5.7% 10 Year 15 Year Since launch 7.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for JM Ultra Short Duration Fund
Name Since Tenure Data below for JM Ultra Short Duration Fund as on 31 Aug 20
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 7. JM Tax Gain Fund
JM Tax Gain Fund
Growth Launch Date 31 Mar 08 NAV (08 Jul 26) ₹49.7423 ↓ -1.06 (-2.09 %) Net Assets (Cr) ₹223 on 31 May 26 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio -0.09 Information Ratio 0.49 Alpha Ratio 2.48 Min Investment 500 Min SIP Investment 500 Exit Load NIL Sub Cat. ELSS Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹9,919 30 Jun 23 ₹12,968 30 Jun 24 ₹19,302 30 Jun 25 ₹19,540 30 Jun 26 ₹19,895 Returns for JM Tax Gain Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 5.4% 3 Month 9.6% 6 Month 0.9% 1 Year 2% 3 Year 15.1% 5 Year 14.5% 10 Year 15 Year Since launch 9.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 2.5% 2023 29% 2022 30.9% 2021 0.5% 2020 32.2% 2019 18.3% 2018 14.9% 2017 -4.6% 2016 42.6% 2015 5.2% Fund Manager information for JM Tax Gain Fund
Name Since Tenure Satish Ramanathan 1 Oct 24 1.75 Yr. Asit Bhandarkar 31 Dec 21 4.5 Yr. Ruchi Fozdar 4 Oct 24 1.74 Yr. Deepak Gupta 11 Apr 25 1.22 Yr. Data below for JM Tax Gain Fund as on 31 May 26
Equity Sector Allocation
Sector Value Financial Services 27.9% Consumer Cyclical 17.25% Technology 11.32% Industrials 9.8% Basic Materials 8.63% Health Care 6.75% Consumer Defensive 3.63% Real Estate 3.5% Energy 3.16% Utility 2.72% Communication Services 2.7% Asset Allocation
Asset Class Value Cash 2.63% Equity 97.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK3% ₹7 Cr 98,262 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 25 | RELIANCE3% ₹7 Cr 53,400 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 May 25 | SYRMA3% ₹6 Cr 59,457 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK3% ₹6 Cr 48,500 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹6 Cr 14,947 Adani Power Ltd (Utilities)
Equity, Since 31 Mar 26 | ADANIPOWER3% ₹6 Cr 249,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL3% ₹6 Cr 32,950 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Apr 25 | KARURVYSYA3% ₹6 Cr 199,000 Lupin Ltd (Healthcare)
Equity, Since 31 May 25 | LUPIN3% ₹6 Cr 25,000 Polycab India Ltd (Industrials)
Equity, Since 31 Jul 25 | POLYCAB3% ₹6 Cr 5,900 8. JM Arbitrage Fund
JM Arbitrage Fund
Growth Launch Date 18 Jul 06 NAV (08 Jul 26) ₹34.4791 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹369 on 31 May 26 Category Hybrid - Arbitrage AMC JM Financial Asset Management Limited Rating ☆☆ Risk Moderately Low Expense Ratio 1.04 Sharpe Ratio -0.88 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-30 Days (0.5%),30 Days and above(NIL) Sub Cat. Arbitrage Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,305 30 Jun 23 ₹10,869 30 Jun 24 ₹11,660 30 Jun 25 ₹12,406 30 Jun 26 ₹13,084 Returns for JM Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 0.5% 3 Month 1.5% 6 Month 2.8% 1 Year 5.7% 3 Year 6.4% 5 Year 5.6% 10 Year 15 Year Since launch 6.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 5.9% 2023 7.2% 2022 6.6% 2021 4% 2020 2.8% 2019 2.6% 2018 5.3% 2017 5.4% 2016 5.1% 2015 6.8% Fund Manager information for JM Arbitrage Fund
Name Since Tenure Satish Ramanathan 1 Oct 24 1.75 Yr. Asit Bhandarkar 18 Jul 14 11.96 Yr. Ruchi Fozdar 4 Oct 24 1.74 Yr. Deepak Gupta 11 Apr 25 1.22 Yr. Data below for JM Arbitrage Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 17.81% Equity 78.15% Debt 4.02% Other 0.02% Equity Sector Allocation
Sector Value Financial Services 30.96% Basic Materials 9.19% Communication Services 8.34% Consumer Cyclical 7.78% Industrials 7.13% Energy 4.21% Consumer Defensive 2.87% Health Care 2.55% Utility 2.52% Real Estate 2.21% Technology 0.4% Debt Sector Allocation
Sector Value Cash Equivalent 16.32% Government 2.96% Corporate 2.56% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity JM Liquid Dir Gr
Investment Fund | -5% ₹20 Cr 2,573,838
↑ 659,468 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 25 | HDFCBANK5% ₹18 Cr 238,150 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 25 | KOTAKBANK4% ₹15 Cr 380,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 25 | ICICIBANK4% ₹14 Cr 109,200 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 24 | BHARTIARTL4% ₹13 Cr 70,775 Vodafone Idea Ltd (Communication Services)
Equity, Since 31 Jan 25 | 5328223% ₹13 Cr 9,148,800
↓ -142,950 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Jul 24 | TATASTEEL3% ₹11 Cr 550,000 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 Dec 24 | MCX3% ₹10 Cr 35,000
↓ -16,875 Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Aug 25 | ETERNAL3% ₹9 Cr 371,025
↑ 12,125 Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 24 | RELIANCE2% ₹9 Cr 66,500
↓ -4,000 9. JM Large Cap Fund
JM Large Cap Fund
Growth Launch Date 1 Apr 95 NAV (08 Jul 26) ₹150.297 ↓ -2.96 (-1.93 %) Net Assets (Cr) ₹416 on 31 May 26 Category Equity - Large Cap AMC JM Financial Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.36 Sharpe Ratio -0.32 Information Ratio 0.22 Alpha Ratio 0.96 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Sub Cat. Large Cap Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,077 30 Jun 23 ₹12,453 30 Jun 24 ₹18,131 30 Jun 25 ₹17,729 30 Jun 26 ₹17,076 Returns for JM Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 4.1% 3 Month 2.4% 6 Month -4.8% 1 Year -3.3% 3 Year 10.7% 5 Year 11.2% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 3.8% 2023 15.1% 2022 29.6% 2021 3.4% 2020 23.2% 2019 18.1% 2018 4.9% 2017 0.8% 2016 20.9% 2015 1.8% Fund Manager information for JM Large Cap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 4.86 Yr. Asit Bhandarkar 5 Oct 17 8.74 Yr. Ruchi Fozdar 4 Oct 24 1.74 Yr. Deepak Gupta 27 Jan 25 1.42 Yr. Data below for JM Large Cap Fund as on 31 May 26
Equity Sector Allocation
Sector Value Financial Services 29% Industrials 13.88% Consumer Cyclical 12.93% Technology 8.17% Health Care 7.67% Basic Materials 6.44% Energy 5.74% Consumer Defensive 5.57% Communication Services 3.91% Utility 3.61% Real Estate 1.27% Asset Allocation
Asset Class Value Cash 1.8% Equity 98.2% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | HDFCBANK6% ₹26 Cr 353,694 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 25 | RELIANCE6% ₹24 Cr 180,700 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK4% ₹18 Cr 145,387
↑ 15,600 State Bank of India (Financial Services)
Equity, Since 31 Oct 11 | SBIN4% ₹16 Cr 169,097 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL4% ₹16 Cr 88,950 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 25 | LT3% ₹13 Cr 32,300
↓ -2,500 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Apr 25 | SHRIRAMFIN3% ₹11 Cr 119,500 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 25 | ADANIPORTS3% ₹11 Cr 61,750 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 25 | AXISBANK3% ₹11 Cr 83,723 Apollo Hospitals Enterprise Ltd (Healthcare)
Equity, Since 28 Feb 25 | APOLLOHOSP3% ₹11 Cr 12,875
↓ -1,154 10. JM Equity Hybrid Fund
JM Equity Hybrid Fund
Growth Launch Date 1 Apr 95 NAV (08 Jul 26) ₹115.782 ↓ -1.79 (-1.53 %) Net Assets (Cr) ₹692 on 31 May 26 Category Hybrid - Hybrid Equity AMC JM Financial Asset Management Limited Rating ☆ Risk Moderately High Expense Ratio 2.3 Sharpe Ratio -0.52 Information Ratio 0.51 Alpha Ratio -2.49 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Sub Cat. Hybrid Equity Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹9,975 30 Jun 23 ₹12,499 30 Jun 24 ₹19,410 30 Jun 25 ₹19,479 30 Jun 26 ₹18,307 Returns for JM Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 3.8% 3 Month 2.8% 6 Month -2.7% 1 Year -5.6% 3 Year 13.2% 5 Year 12.8% 10 Year 15 Year Since launch 12% Historical performance (Yearly) on absolute basis
Year Returns 2024 -3.1% 2023 27% 2022 33.8% 2021 8.1% 2020 22.9% 2019 30.5% 2018 -8.1% 2017 1.7% 2016 18.5% 2015 3% Fund Manager information for JM Equity Hybrid Fund
Name Since Tenure Satish Ramanathan 1 Oct 24 1.75 Yr. Asit Bhandarkar 31 Dec 21 4.5 Yr. Ruchi Fozdar 4 Oct 24 1.74 Yr. Deepak Gupta 11 Apr 25 1.22 Yr. Data below for JM Equity Hybrid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 6.36% Equity 77.92% Debt 15.72% Equity Sector Allocation
Sector Value Financial Services 20.92% Technology 12.06% Consumer Cyclical 10.56% Industrials 7.86% Health Care 6.08% Basic Materials 5.86% Energy 3.57% Communication Services 3.27% Utility 2.88% Consumer Defensive 2.48% Real Estate 2.37% Debt Sector Allocation
Sector Value Corporate 12.6% Government 7.67% Cash Equivalent 1.81% Credit Quality
Rating Value AA 15.56% AAA 84.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 May 25 | MCX3% ₹24 Cr 81,671 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 24 | BHARTIARTL3% ₹23 Cr 123,746 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jan 25 | BAJFINANCE3% ₹21 Cr 235,040 NTPC Ltd (Utilities)
Equity, Since 28 Feb 26 | NTPC3% ₹20 Cr 515,000 One97 Communications Ltd (Technology)
Equity, Since 30 Jun 25 | PAYTM3% ₹18 Cr 157,147 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 26 | RELIANCE3% ₹18 Cr 133,000 Coforge Ltd (Technology)
Equity, Since 31 May 25 | COFORGE2% ₹16 Cr 116,000 Bagmane Prime Office REIT Units (Real Estate)
-, Since 31 May 26 | BAGMANE2% ₹16 Cr 1,556,728
↑ 1,556,728 Tech Mahindra Ltd (Technology)
Equity, Since 31 Dec 23 | TECHM2% ₹15 Cr 103,000
↓ -10,000 Apollo Hospitals Enterprise Ltd (Healthcare)
Equity, Since 31 Dec 25 | APOLLOHOSP2% ₹15 Cr 18,664
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Research Highlights for JM Liquid Fund