Should I invest in JM Money Manager Fund?

We don't give personal investment advice. JM Money Manager Fund - Regular Plan - Dividend option - Weekly 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: 6.0%. 5-year CAGR: 0.34%.

JM Financial

JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend

Latest NAV

₹10.8027

As of

25 Sep 2020

3,174 NAV records on file

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

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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%	+0.03%	-0.02	45 / 68	Q3
1W	+0.05%	+0.15%	-0.10	46 / 68	Q3
2W	+0.11%	+0.25%	-0.15	44 / 68	Q3
1M	+0.23%	+0.22%	+0.01	37 / 68	Q3
3M	+4.50%	+0.77%	+3.72	4 / 68	Q1
6M	+5.94%	+1.17%	+4.77	2 / 68	Q1
YTD	+6.97%	+1.18%	+5.79	2 / 68	Q1
1Y	+5.32%	+1.68%	+3.64	15 / 68	Q1
2Y	+0.91%	+1.76%	-0.85	26 / 68	Q2
3Y	+0.61%	+1.76%	-1.16	27 / 67	Q2
4Y	+0.41%	+1.85%	-1.43	29 / 63	Q2
5Y	+0.34%	+1.77%	-1.43	32 / 61	Q3
7Y	+0.24%	+1.70%	-1.47	25 / 48	Q3
10Y	+0.45%	+1.51%	-1.06	16 / 28	Q3
Inception	+0.59%	+1.57%	-0.99	32 / 68	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
2020 YTD	+6.97%	+1.79%	+5.18	2 / 54
2019	-4.81%	+1.35%	-6.16	42 / 44
2018	+0.02%	-1.34%	+1.36	17 / 33
2017	-0.05%	+1.37%	-1.42	19 / 32
2016	-0.06%	+2.02%	-2.08	26 / 27
2015	+0.01%	+2.14%	-2.13	3 / 4
2014	+0.01%	+2.23%	-2.22	2 / 4
2013	+0.00%	+2.35%	-2.35	4 / 4
2012	+0.98%	+2.96%	-1.97	2 / 4
2011	+1.44%	+2.99%	-1.55	2 / 4
2010	+0.88%	+1.85%	-0.97	2 / 4

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

+0.23%

149 windows

min -5.5% · max 5.9%

75% positive

3-Year rolling

+0.28%

124 windows

min -1.9% · max 1.2%

74% positive

5-Year rolling

+0.29%

100 windows

min -1.1% · max 1.2%

72% positive

7-Year rolling

+0.27%

76 windows

min -0.8% · max 0.9%

83% positive

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

3.99%

3-year · annualised

Sharpe ratio

-1.46

vs risk-free 6.5%

Sortino ratio

-1.90

Downside-only deviation

Max drawdown

-5.85%

Apr 2019 → Oct 2019

% positive months

63.9%

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.

Peers in Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
Invesco India Ultra Short Duration Fund - Regular Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,138.2293	10 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN DAILY IDCW	Bandhan	₹10.0519	10 Jun 2026
Motilal Oswal Ultra Short Term Fund Regular - IDCW Daily Reinvestment	Motilal Oswal	₹11.4495	10 Jun 2026
Mirae Asset Ultra Short Duration Fund Regular IDCW	Mirae Asset	₹1,384.7849	10 Jun 2026
DSP BlackRock Money Manager Fund - Regular Plan - Daily Dividend Reinvest	DSP BlackRock	₹1,005.4914	10 Jun 2026
DSP Ultra Short Fund - Regular Plan - IDCW - Monthly	DSP	₹1,083.1611	10 Jun 2026
HSBC Ultra Short Duration Fund - Regular Daily IDCW	HSBC	₹1,031.7278	10 Jun 2026
Baroda BNP Paribas Ultra Short Duratio Fund- Regular Plan- Weekly IDCW	Baroda BNP Paribas	₹1,000.1813	10 Jun 2026
CANARA ROBECO ULTRA SHORT TERM FUND - REGULAR PLAN - MONTHLY IDCW (Payout/Reinvestment)	Canara Robeco	₹1,004.3570	10 Jun 2026
UTI Ultra Short Duration Fund - Regular Plan - Annual IDCW	UTI	₹1,462.4314	10 Jun 2026

Recent NAVs

Date	NAV
25 Sep 2020	₹10.8027
24 Sep 2020	₹10.8018
23 Sep 2020	₹10.8010
22 Sep 2020	₹10.8012
21 Sep 2020	₹10.8001
18 Sep 2020	₹10.7974
17 Sep 2020	₹10.7963
16 Sep 2020	₹10.7954
15 Sep 2020	₹10.7930
14 Sep 2020	₹10.7932

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.

As of 25 Sep 2020, the NAV of JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend is ₹10.8027. It's a Ultra Short Duration Fund from JM Financial, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend has NAV history starting from 27 Jul 2007, a track record of about 18 years 10 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 Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend is managed by JM Financial. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend has delivered a absolute return of 5.32% — +3.64 pp ahead of the Ultra Short Duration Fund category average of 1.68%. The fund ranks #15 of 68 in its category — the top (Q1) quartile.

Over the trailing 3-year window, JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend has delivered a CAGR of 0.61% — -1.16 pp behind the Ultra Short Duration Fund category average of 1.76%. The fund ranks #27 of 67 in its category — the second (Q2) quartile.

Over the trailing 5-year window, JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend has delivered a CAGR of 0.34% — -1.43 pp behind the Ultra Short Duration Fund category average of 1.77%. The fund ranks #32 of 61 in its category — the third (Q3) quartile.

₹1 lakh invested in JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend exactly 10 years ago would be worth approximately ₹104,612 today — a multiplier of 1.05×, based on the 10-year CAGR of 0.45%. The category average over the same window would have grown ₹1 lakh to ₹116,220.

A ₹10,000 monthly SIP in JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹615,905 today. That's an XIRR (money-weighted annualised return) of 1.03%.

A ₹10,000 monthly SIP for 10 years in JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend = ₹1,200,000 invested. It would currently be worth ₹1,230,009 (multiplier 1.02×). XIRR: 0.49%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend ranks #32 out of 61 funds in the Ultra Short Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 1.77%; this fund delivered 0.34%.

The worst peak-to-trough decline JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend has experienced over the last 5-year window is 6.02% — its NAV fell from a high on 04 Apr 2016 to a low on 29 Oct 2019. 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 Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend averaged 0.29% (best 1.20%, worst -1.14%). 72% of rolling windows ended positive. The 5-year Sharpe ratio is -1.97 — negative risk-adjusted performance.

In calendar year 2019, JM Money Manager Fund - Regular Plan - Dividend option - Weekly Dividend returned -4.81% — lagging the Ultra Short Duration Fund category average of 1.35% by 6.16 pp. It ranked #42 of 44 in its category that year.

JM Money Manager Fund - Regular Plan - Dividend option - Weekly 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 Money Manager Fund - Regular Plan - Dividend option - Weekly 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: 6.0%. 5-year CAGR: 0.34%.

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