Should I invest in JM Basic Fund?

We don't give personal investment advice. JM Basic Fund - Growth Plan is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 27.5%. 5-year CAGR: 14.85%.

JM Financial

JM Basic Fund - Growth Plan

Latest NAV

₹90.5744

As of

3 Jun 2026

4,963 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

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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	-0.47%	+0.06%	-0.53	14 / 16	Q4
1W	-2.03%	-1.66%	-0.37	16 / 16	Q4
2W	+0.65%	-0.20%	+0.85	2 / 16	Q1
1M	-1.46%	-1.79%	+0.32	8 / 16	Q2
3M	+2.52%	-3.49%	+6.01	2 / 16	Q1
6M	-5.99%	-8.14%	+2.15	5 / 16	Q2
YTD	-5.46%	-8.27%	+2.82	4 / 16	Q1
1Y	-6.84%	-4.01%	-2.83	13 / 16	Q4
2Y	-3.44%	-0.75%	-2.70	13 / 16	Q4
3Y	+15.15%	+11.82%	+3.33	4 / 16	Q1
4Y	+17.76%	+12.84%	+4.93	2 / 16	Q1
5Y	+14.85%	+11.31%	+3.54	3 / 16	Q1
7Y	+15.60%	+11.80%	+3.80	3 / 16	Q1
10Y	+15.37%	+11.07%	+4.30	2 / 16	Q1
Inception	+8.47%	+9.59%	-1.12	9 / 16	Q3

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
2026 YTD	-5.46%	-8.27%	+2.82	4 / 16
2025	-4.76%	+3.06%	-7.82	16 / 16
2024	+23.96%	+17.61%	+6.35	2 / 16
2023	+47.98%	+29.56%	+18.42	1 / 16
2022	+5.34%	+5.08%	+0.26	9 / 16
2021	+35.60%	+32.61%	+2.99	5 / 16
2020	+13.44%	+11.98%	+1.46	6 / 16
2019	+11.53%	-0.12%	+11.65	2 / 16
2018	-10.54%	-9.17%	-1.36	10 / 16
2017	+42.17%	+32.01%	+10.15	3 / 16
2016	+11.32%	+3.68%	+7.64	4 / 16

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

+15.88%

234 windows

min -76.3% · max 133.9%

66% positive

3-Year rolling

+10.23%

210 windows

min -24.9% · max 32.9%

74% positive

5-Year rolling

+10.15%

185 windows

min -18.2% · max 29.4%

83% positive

7-Year rolling

+10.35%

161 windows

min -9.4% · max 19.8%

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

17.42%

3-year · annualised

Sharpe ratio

0.53

vs risk-free 6.5%

Sortino ratio

0.90

Downside-only deviation

Max drawdown

-27.52%

Sep 2024 → Mar 2026

% positive months

58.3%

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 Value Fund

Scheme	Fund house	NAV	As of
HDFC Capital Builder Fund - Dividend Option	HDFC	₹34.2310	3 Jun 2026
ICICI Prudential Discovery Fund-DIVIDEND OPTION	ICICI Prudential	₹34.1000	3 Jun 2026
Quantum Long-Term Equity Fund-Dividend Plan	Quantum	₹122.7000	3 Jun 2026
Templeton India Growth Fund-Dividend Plan	Franklin Templeton	₹90.0766	3 Jun 2026
UTI Opportunities Fund-Dividend Option	UTI	₹46.3652	3 Jun 2026
IDFC Small & Midcap Equity (SME) Fund - Dividend	IDFC	₹35.7790	3 Jun 2026
JM Basic Fund - Dividend Plan	JM Financial	₹63.2470	3 Jun 2026
Tata Equity P/E Fund (Dividend)	Tata	₹112.2523	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹90.5744
2 Jun 2026	₹90.9993
1 Jun 2026	₹90.3551
29 May 2026	₹91.3547
27 May 2026	₹92.4514
26 May 2026	₹91.8865
25 May 2026	₹91.9333
22 May 2026	₹90.5267
21 May 2026	₹90.3617
20 May 2026	₹89.9897

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 03 Jun 2026, the NAV of JM Basic Fund - Growth Plan is ₹90.5744. It's a Value Fund from JM Financial, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

JM Basic Fund - Growth Plan 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 Basic Fund - Growth Plan is managed by JM Financial. It's classified by AMFI under the 'Value Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Basic Fund - Growth Plan has delivered a absolute return of -6.84% — -2.83 pp behind the Value Fund category average of -4.01%. The fund ranks #13 of 16 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, JM Basic Fund - Growth Plan has delivered a CAGR of 15.15% — +3.33 pp ahead of the Value Fund category average of 11.82%. The fund ranks #4 of 16 in its category — the top (Q1) quartile.

Over the trailing 5-year window, JM Basic Fund - Growth Plan has delivered a CAGR of 14.85% — +3.54 pp ahead of the Value Fund category average of 11.31%. The fund ranks #3 of 16 in its category — the top (Q1) quartile.

₹1 lakh invested in JM Basic Fund - Growth Plan exactly 10 years ago would be worth approximately ₹417,929 today — a multiplier of 4.18×, based on the 10-year CAGR of 15.37%. The category average over the same window would have grown ₹1 lakh to ₹285,846.

A ₹10,000 monthly SIP in JM Basic Fund - Growth Plan over the last 5 years — total invested ₹600,000 — would be worth ₹798,311 today. That's an XIRR (money-weighted annualised return) of 11.36%.

A ₹10,000 monthly SIP for 10 years in JM Basic Fund - Growth Plan = ₹1,200,000 invested. It would currently be worth ₹2,600,881 (multiplier 2.17×). XIRR: 14.78%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, JM Basic Fund - Growth Plan ranks #3 out of 16 funds in the Value Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 11.31%; this fund delivered 14.85%.

The worst peak-to-trough decline JM Basic Fund - Growth Plan has experienced over the last 5-year window is 27.52% — its NAV fell from a high on 05 Sep 2024 to a low on 31 Mar 2026. 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 Basic Fund - Growth Plan averaged 10.15% (best 29.37%, worst -18.19%). 83% of rolling windows ended positive. The 5-year Sharpe ratio is 0.54 — reasonable risk-adjusted performance.

In calendar year 2025, JM Basic Fund - Growth Plan returned -4.76% — lagging the Value Fund category average of 3.06% by 7.82 pp. It ranked #16 of 16 in its category that year.

JM Basic Fund - Growth Plan is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. JM Basic Fund - Growth Plan is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 27.5%. 5-year CAGR: 14.85%.

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