Should I invest in JM Contra Fund?

We don't give personal investment advice. JM Contra Fund - Growth 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 Contra Fund - Growth 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	+0.31%	+0.06%	+0.24	87 / 299	Q2
1W	+3.68%	-3.61%	+7.29	27 / 303	Q1
2W	+8.33%	-4.52%	+12.85	7 / 303	Q1
1M	+4.72%	-5.64%	+10.35	54 / 302	Q1
3M	-14.03%	-4.27%	-9.76	259 / 302	Q4
6M	-18.87%	+1.48%	-20.35	267 / 307	Q4
YTD	-14.03%	-0.18%	-13.85	245 / 309	Q4
1Y	-9.45%	+7.10%	-16.55	226 / 307	Q3
2Y	+24.21%	+2.20%	+22.01	39 / 303	Q1
3Y	-18.72%	+0.76%	-19.48	246 / 264	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-18.53%	+0.51%	-19.04	293 / 310	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	-14.03%	-23.68%	+9.65	36 / 241
2010	+6.22%	+11.69%	-5.46	177 / 256
2009	+37.01%	+65.86%	-28.85	207 / 238
2008	-71.04%	-52.86%	-18.18	194 / 198
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

-7.53%

32 windows

min -73.3% · max 96.0%

47% positive

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

3-Year rolling

-20.79%

7 windows

min -24.4% · max -16.3%

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

48.67%

3-year · annualised

Sharpe ratio

-0.28

vs risk-free 6.5%

Sortino ratio

-0.36

Downside-only deviation

Max drawdown

-75.85%

May 2008 → Mar 2009

% positive months

55.6%

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	₹5.1414
31 Mar 2011	₹5.1257
30 Mar 2011	₹5.1153
29 Mar 2011	₹5.0558
28 Mar 2011	₹5.0198
25 Mar 2011	₹4.9591
24 Mar 2011	₹4.8547
23 Mar 2011	₹4.8144
22 Mar 2011	₹4.7723
21 Mar 2011	₹4.7287

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

JM Contra Fund - Growth option has NAV history starting from 12 Sep 2007, a track record of about 18 years 8 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 Contra Fund - Growth 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 Contra Fund - Growth option has delivered a absolute return of -9.45% — -16.55 pp behind the Growth category average of 7.10%. The fund ranks #226 of 307 in its category — the third (Q3) quartile.

Over the trailing 3-year window, JM Contra Fund - Growth option has delivered a CAGR of -18.72% — -19.48 pp behind the Growth category average of 0.76%. The fund ranks #246 of 264 in its category — the bottom (Q4) quartile.

JM Contra Fund - Growth 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 Contra Fund - Growth option exactly 3 years ago would be worth approximately ₹53,702 today — a multiplier of 0.54×, based on the 3-year CAGR of -18.72%. The category average over the same window would have grown ₹1 lakh to ₹102,292.

A ₹10,000 monthly SIP in JM Contra Fund - Growth option over the last 3 years — total invested ₹360,000 — would be worth ₹350,187 today. That's an XIRR (money-weighted annualised return) of -1.79%.

JM Contra Fund - Growth option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹350,187 — XIRR -1.79%.

On a 3-year basis, JM Contra Fund - Growth option ranks #246 out of 264 funds in the Growth category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 0.76%; this fund delivered -18.72%.

The worst peak-to-trough decline JM Contra Fund - Growth option has experienced over the last 3-year window is 75.85% — its NAV fell from a high on 02 May 2008 to a low on 05 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 Contra Fund - Growth option averaged -20.79% (best -16.25%, worst -24.39%). 0% of rolling windows ended positive. The 3-year Sharpe ratio is -0.28 — negative risk-adjusted performance.

In calendar year 2010, JM Contra Fund - Growth option returned 6.22% — lagging the Growth category average of 11.69% by 5.46 pp. It ranked #177 of 256 in its category that year.

JM Contra Fund - Growth 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 Contra Fund - Growth 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.