Should I invest in JM MIP FUND-Quarterly Dividend?

We don't give personal investment advice. JM MIP FUND-Quarterly Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.6%. 5-year CAGR: 8.32%.

JM Financial

JM MIP FUND-Quarterly Dividend

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.01%	-9.99%	+10.00	220 / 1129	Q1
1W	+0.09%	-13.04%	+13.13	276 / 1151	Q1
2W	+0.18%	-13.18%	+13.36	230 / 1149	Q1
1M	+0.34%	-13.26%	+13.60	253 / 1137	Q1
3M	+1.04%	-13.15%	+14.19	265 / 1116	Q1
6M	+2.25%	-15.45%	+17.71	328 / 906	Q2
YTD	+1.34%	-15.77%	+17.11	307 / 952	Q2
1Y	+6.13%	-13.09%	+19.21	287 / 820	Q2
2Y	+6.23%	-12.72%	+18.96	116 / 446	Q2
3Y	+7.94%	-11.01%	+18.95	52 / 385	Q1
4Y	+8.39%	-6.52%	+14.91	41 / 339	Q1
5Y	+8.32%	-7.36%	+15.68	43 / 314	Q1
7Y	+7.18%	+2.53%	+4.65	65 / 234	Q2
10Y	+5.46%	+3.14%	+2.31	34 / 101	Q2
Inception	+4.80%	-13.63%	+18.43	328 / 1199	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2017 YTD	+1.34%	+1.63%	-0.29	49 / 137
2016	+7.60%	+3.02%	+4.58	46 / 181
2015	+4.82%	+2.22%	+2.60	86 / 216
2014	+16.50%	+5.51%	+10.99	12 / 240
2013	+4.45%	-1.95%	+6.40	90 / 276
2012	+11.22%	+1.38%	+9.84	24 / 295
2011	+2.67%	-3.16%	+5.84	103 / 317
2010	+4.13%	-5.78%	+9.91	105 / 377
2009	+4.26%	-12.86%	+17.12	237 / 713
2008	-9.97%	-2.02%	-7.95	333 / 380
2007	+7.39%	+4.84%	+2.55	71 / 142

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.33%

123 windows

min -9.7% · max 17.9%

89% positive

3-Year rolling

+5.56%

99 windows

min -2.2% · max 10.6%

94% positive

5-Year rolling

+5.60%

75 windows

min 1.1% · max 8.9%

100% positive

7-Year rolling

+5.59%

50 windows

min 2.6% · max 7.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

2.81%

3-year · annualised

Sharpe ratio

0.41

vs risk-free 6.5%

Sortino ratio

2.14

Downside-only deviation

Max drawdown

-1.81%

Aug 2015 → Sep 2015

% positive months

88.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
28 Apr 2017	₹18.1976
27 Apr 2017	₹18.1955
26 Apr 2017	₹18.1932
25 Apr 2017	₹18.1909
24 Apr 2017	₹18.1885
21 Apr 2017	₹18.1816
20 Apr 2017	₹18.1793
19 Apr 2017	₹18.1770
18 Apr 2017	₹18.1747
17 Apr 2017	₹18.1724

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

JM MIP FUND-Quarterly Dividend is a Income from JM Financial (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

JM MIP FUND-Quarterly Dividend has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

JM MIP FUND-Quarterly Dividend is managed by JM Financial. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM MIP FUND-Quarterly Dividend has delivered a absolute return of 6.13% — +19.21 pp ahead of the Income category average of -13.09%. The fund ranks #287 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, JM MIP FUND-Quarterly Dividend has delivered a CAGR of 7.94% — +18.95 pp ahead of the Income category average of -11.01%. The fund ranks #52 of 385 in its category — the top (Q1) quartile.

Over the trailing 5-year window, JM MIP FUND-Quarterly Dividend has delivered a CAGR of 8.32% — +15.68 pp ahead of the Income category average of -7.36%. The fund ranks #43 of 314 in its category — the top (Q1) quartile.

₹1 lakh invested in JM MIP FUND-Quarterly Dividend exactly 10 years ago would be worth approximately ₹170,090 today — a multiplier of 1.70×, based on the 10-year CAGR of 5.46%. The category average over the same window would have grown ₹1 lakh to ₹136,244.

A ₹10,000 monthly SIP in JM MIP FUND-Quarterly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹729,834 today. That's an XIRR (money-weighted annualised return) of 7.76%.

A ₹10,000 monthly SIP for 10 years in JM MIP FUND-Quarterly Dividend = ₹1,200,000 invested. It would currently be worth ₹1,714,416 (multiplier 1.43×). XIRR: 6.93%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, JM MIP FUND-Quarterly Dividend ranks #43 out of 314 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -7.36%; this fund delivered 8.32%.

The worst peak-to-trough decline JM MIP FUND-Quarterly Dividend has experienced over the last 5-year window is 2.61% — its NAV fell from a high on 15 Jul 2013 to a low on 27 Aug 2013. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, JM MIP FUND-Quarterly Dividend averaged 5.60% (best 8.88%, worst 1.05%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.50 — reasonable risk-adjusted performance.

In calendar year 2016, JM MIP FUND-Quarterly Dividend returned 7.60% — beating the Income category average of 3.02% by 4.58 pp. It ranked #46 of 181 in its category that year.

JM MIP FUND-Quarterly Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. JM MIP FUND-Quarterly Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.6%. 5-year CAGR: 8.32%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.