Should I invest in JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units?

We don't give personal investment advice. JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units 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: 3.0%. 5-year CAGR: 6.39%.

JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units

Latest NAV

₹42.4963

As of

27 Jan 2025

2,852 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	+0.00%	+17.32%	-17.32	52 / 68	Q4
1W	+0.72%	+14.16%	-13.44	8 / 70	Q1
2W	+1.36%	+15.97%	-14.61	7 / 69	Q1
1M	+1.28%	+15.90%	-14.61	7 / 69	Q1
3M	+2.33%	+15.94%	-13.61	8 / 69	Q1
6M	+4.29%	+17.09%	-12.80	6 / 69	Q1
YTD	+1.15%	+15.85%	-14.70	20 / 69	Q2
1Y	+8.99%	+18.41%	-9.41	7 / 69	Q1
2Y	+7.94%	+7.92%	+0.02	9 / 68	Q1
3Y	+6.77%	+2.85%	+3.93	13 / 63	Q1
4Y	+6.06%	+3.41%	+2.65	21 / 61	Q2
5Y	+6.39%	+3.09%	+3.30	9 / 56	Q1
7Y	+6.63%	+2.73%	+3.89	13 / 52	Q1
10Y	+7.27%	+2.66%	+4.61	3 / 41	Q1
Inception	+7.55%	+7.98%	-0.44	7 / 68	Q1

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
2025 YTD	+1.15%	+2.58%	-1.43	29 / 57
2024	+8.59%	+4.34%	+4.26	16 / 57
2023	+6.57%	+1.22%	+5.35	19 / 60
2022	+4.23%	+21.54%	-17.31	14 / 59
2021	+3.41%	+0.27%	+3.14	12 / 55
2020	+8.53%	+3.18%	+5.35	11 / 52
2019	+6.68%	+2.95%	+3.72	15 / 53
2018	+7.91%	+3.55%	+4.36	3 / 47
2017	+8.04%	-1.08%	+9.12	4 / 44
2016	+8.83%	+6.39%	+2.44	17 / 44
2015	+9.49%	+4.88%	+4.61	2 / 8

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

+7.46%

132 windows

min 2.8% · max 9.7%

100% positive

3-Year rolling

+7.24%

108 windows

min 4.6% · max 9.5%

100% positive

5-Year rolling

+7.27%

84 windows

min 5.8% · max 8.9%

100% positive

7-Year rolling

+7.26%

59 windows

min 6.4% · max 8.7%

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

1.40%

3-year · annualised

Sharpe ratio

0.06

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.68%

Oct 2024 → Oct 2024

% positive months

91.7%

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 Dynamic Bond Fund

Scheme	Fund house	NAV	As of
HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan	HDFC	₹13.6543	3 Jun 2026
NIPPON INDIA DYNAMIC BOND FUND - Direct Plan - IDCW Option	Nippon India	₹29.9231	3 Jun 2026
SBI Dynamic Bond Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹22.6379	3 Jun 2026
ICICI Prudential All Seasons Bond Fund - Direct Plan - Annual IDCW	ICICI Prudential	₹11.2620	3 Jun 2026
BANDHAN Dynamic Bond Fund-Direct Plan-Annual IDCW	Bandhan	₹11.7487	3 Jun 2026
Quantum Dynamic Bond Fund - Direct Plan Monthly IDCW	Quantum	₹10.1944	3 Jun 2026
Aditya Birla Sun Life Dynamic Bond Fund -Direct - IDCW	Aditya Birla Sun Life	₹12.9569	3 Jun 2026
Franklin India Dynamic Accrual Fund-Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct IDCW	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Dynamic Bond Fund Direct IDCW	Mirae Asset	₹18.5922	3 Jun 2026
Kotak Dynamic Bond Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option	Kotak	₹14.8223	3 Jun 2026

Recent NAVs

Date	NAV
27 Jan 2025	₹42.4963
24 Jan 2025	₹42.3610
23 Jan 2025	₹42.3088
22 Jan 2025	₹42.3373
21 Jan 2025	₹42.2792
20 Jan 2025	₹42.1921
17 Jan 2025	₹42.1376
16 Jan 2025	₹42.1750
15 Jan 2025	₹42.0175
14 Jan 2025	₹41.9727

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 27 Jan 2025, the NAV of JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units is ₹42.4963. It's a Dynamic Bond Fund from the fund house, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units has NAV history starting from 08 Apr 2013, a track record of about 13 years 1 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units is managed by the fund house. It's classified by AMFI under the 'Dynamic Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units has delivered a absolute return of 8.99% — -9.41 pp behind the Dynamic Bond Fund category average of 18.41%. The fund ranks #7 of 69 in its category — the top (Q1) quartile.

Over the trailing 3-year window, JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units has delivered a CAGR of 6.77% — +3.93 pp ahead of the Dynamic Bond Fund category average of 2.85%. The fund ranks #13 of 63 in its category — the top (Q1) quartile.

Over the trailing 5-year window, JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units has delivered a CAGR of 6.39% — +3.3 pp ahead of the Dynamic Bond Fund category average of 3.09%. The fund ranks #9 of 56 in its category — the top (Q1) quartile.

₹1 lakh invested in JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units exactly 10 years ago would be worth approximately ₹201,659 today — a multiplier of 2.02×, based on the 10-year CAGR of 7.27%. The category average over the same window would have grown ₹1 lakh to ₹129,961.

A ₹10,000 monthly SIP in JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units over the last 5 years — total invested ₹600,000 — would be worth ₹711,556 today. That's an XIRR (money-weighted annualised return) of 6.74%.

A ₹10,000 monthly SIP for 10 years in JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units = ₹1,200,000 invested. It would currently be worth ₹1,703,344 (multiplier 1.42×). XIRR: 6.80%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units ranks #9 out of 56 funds in the Dynamic Bond Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 3.09%; this fund delivered 6.39%.

The worst peak-to-trough decline JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units has experienced over the last 5-year window is 3.00% — its NAV fell from a high on 06 Mar 2020 to a low on 24 Mar 2020. 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 Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units averaged 7.27% (best 8.93%, worst 5.85%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.17 — negative risk-adjusted performance.

In calendar year 2024, JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units returned 8.59% — beating the Dynamic Bond Fund category average of 4.34% by 4.26 pp. It ranked #16 of 57 in its category that year.

JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units 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 Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units 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: 3.0%. 5-year CAGR: 6.39%.

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

JM Dynamic Bond Fund - (Direct) - Bonus Option-Principal Units

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Dynamic Bond Fund

Recent NAVs

Frequently asked questions

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