Should I invest in JM Small & Mid-cap Fund?

We don't give personal investment advice. JM Small & Mid-cap Fund - Regular Plan - Dividend option is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

JM Financial

JM Small & Mid-cap Fund - Regular Plan - Dividend option

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	+0.42%	+0.17%	+0.25	5 / 20	Q1
1W	+3.05%	-0.51%	+3.56	3 / 20	Q1
2W	+7.13%	+0.88%	+6.26	3 / 20	Q1
1M	+2.52%	+1.03%	+1.48	7 / 20	Q2
3M	-17.05%	+2.63%	-19.69	19 / 20	Q4
6M	-25.73%	+5.72%	-31.45	19 / 20	Q4
YTD	-17.05%	-0.48%	-16.58	19 / 20	Q4
1Y	-15.29%	+25.15%	-40.43	18 / 20	Q4
2Y	+32.64%	+16.06%	+16.58	7 / 18	Q2
3Y	-24.44%	+6.97%	-31.42	15 / 16	Q4
4Y	-16.67%	+7.75%	-24.42	13 / 14	Q4
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-17.00%	+8.16%	-25.16	19 / 20	Q4

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
2011 YTD	-17.05%	-19.63%	+2.58	4 / 11
2010	-2.57%	+3.85%	-6.43	14 / 18
2009	+57.62%	+58.66%	-1.05	11 / 18
2008	-79.41%	-40.64%	-38.77	11 / 12
2007	—	—	—	—

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

-4.17%

36 windows

min -81.6% · max 155.2%

44% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

-22.39%

12 windows

min -31.3% · max -16.4%

0% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

53.04%

3-year · annualised

Sharpe ratio

-0.37

vs risk-free 6.5%

Sortino ratio

-0.49

Downside-only deviation

Max drawdown

-82.28%

May 2008 → Mar 2009

% positive months

50.0%

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
1 Apr 2011	₹4.8651
31 Mar 2011	₹4.8446
30 Mar 2011	₹4.8442
29 Mar 2011	₹4.8003
28 Mar 2011	₹4.7697
25 Mar 2011	₹4.7210
24 Mar 2011	₹4.6343
23 Mar 2011	₹4.5980
22 Mar 2011	₹4.5611
21 Mar 2011	₹4.5218

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 Small & Mid-cap Fund - Regular Plan - Dividend option is a Growth from JM Financial (Regular plan, Growth option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

JM Small & Mid-cap Fund - Regular Plan - Dividend option has NAV history starting from 03 May 2007, a track record of about 19 years 1 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 Small & Mid-cap Fund - Regular Plan - Dividend option is managed by JM Financial. It's classified by AMFI under the 'Growth' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Small & Mid-cap Fund - Regular Plan - Dividend option has delivered a absolute return of -15.29% — -40.43 pp behind the Growth category average of 25.15%. The fund ranks #18 of 20 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, JM Small & Mid-cap Fund - Regular Plan - Dividend option has delivered a CAGR of -24.44% — -31.42 pp behind the Growth category average of 6.97%. The fund ranks #15 of 16 in its category — the bottom (Q4) quartile.

JM Small & Mid-cap Fund - Regular Plan - Dividend option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in JM Small & Mid-cap Fund - Regular Plan - Dividend option exactly 3 years ago would be worth approximately ₹43,133 today — a multiplier of 0.43×, based on the 3-year CAGR of -24.44%. The category average over the same window would have grown ₹1 lakh to ₹122,406.

A ₹10,000 monthly SIP in JM Small & Mid-cap Fund - Regular Plan - Dividend option over the last 3 years — total invested ₹360,000 — would be worth ₹333,704 today. That's an XIRR (money-weighted annualised return) of -4.86%.

JM Small & Mid-cap Fund - Regular Plan - Dividend option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹333,704 — XIRR -4.86%.

On a 3-year basis, JM Small & Mid-cap Fund - Regular Plan - Dividend option ranks #15 out of 16 funds in the Growth category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.97%; this fund delivered -24.44%.

The worst peak-to-trough decline JM Small & Mid-cap Fund - Regular Plan - Dividend option has experienced over the last 3-year window is 82.28% — its NAV fell from a high on 05 May 2008 to a low on 06 Mar 2009. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, JM Small & Mid-cap Fund - Regular Plan - Dividend option averaged -22.39% (best -16.40%, worst -31.27%). 0% of rolling windows ended positive. The 3-year Sharpe ratio is -0.37 — negative risk-adjusted performance.

In calendar year 2010, JM Small & Mid-cap Fund - Regular Plan - Dividend option returned -2.57% — lagging the Growth category average of 3.85% by 6.43 pp. It ranked #14 of 18 in its category that year.

JM Small & Mid-cap Fund - Regular Plan - Dividend option doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. JM Small & Mid-cap Fund - Regular Plan - Dividend option is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

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