Should I invest in JM Dynamic Bond Fund - (Direct)?

We don't give personal investment advice. JM Dynamic Bond Fund - (Direct) - Growth Option 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: 1.2%. 5-year CAGR: 5.92%.

JM Dynamic Bond Fund - (Direct) - Growth Option

Latest NAV

₹45.6290

As of

3 Jun 2026

3,237 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	-0.02%	+11.82%	-11.84	22 / 25	Q4
1W	+0.17%	+3.69%	-3.51	14 / 27	Q3
2W	+0.31%	+7.92%	-7.61	17 / 26	Q3
1M	+0.21%	+7.80%	-7.59	13 / 26	Q2
3M	+0.13%	+8.21%	-8.08	16 / 26	Q3
6M	+0.56%	+9.49%	-8.93	22 / 26	Q4
YTD	+0.53%	+8.54%	-8.01	17 / 26	Q3
1Y	+1.61%	+11.20%	-9.59	15 / 26	Q3
2Y	+6.34%	+9.56%	-3.22	13 / 25	Q3
3Y	+6.41%	+6.58%	-0.17	16 / 24	Q3
4Y	+6.62%	+7.03%	-0.41	17 / 23	Q3
5Y	+5.92%	+6.23%	-0.31	15 / 22	Q3
7Y	+6.10%	+6.90%	-0.80	17 / 21	Q4
10Y	+6.70%	+7.22%	-0.52	12 / 16	Q3
Inception	+7.33%	+10.91%	-3.57	17 / 25	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	+0.53%	+0.90%	-0.36	14 / 22
2025	+7.63%	+6.45%	+1.17	5 / 22
2024	+8.58%	+9.50%	-0.92	20 / 22
2023	+6.56%	+2.52%	+4.04	21 / 23
2022	+4.22%	+16.46%	-12.25	9 / 23
2021	+3.40%	+3.87%	-0.47	14 / 22
2020	+8.52%	+9.74%	-1.22	17 / 21
2019	+6.68%	+8.95%	-2.27	18 / 21
2018	+7.91%	+6.33%	+1.58	2 / 19
2017	+8.08%	+4.33%	+3.75	2 / 18
2016	+9.06%	+13.83%	-4.76	17 / 18

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

+7.52%

152 windows

min 1.6% · max 11.1%

100% positive

3-Year rolling

+7.34%

127 windows

min 4.7% · max 9.5%

100% positive

5-Year rolling

+7.18%

103 windows

min 5.8% · max 9.0%

100% positive

7-Year rolling

+7.19%

79 windows

min 6.1% · max 8.7%

100% 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

2.39%

3-year · annualised

Sharpe ratio

-0.11

vs risk-free 6.5%

Sortino ratio

-0.31

Downside-only deviation

Max drawdown

-1.16%

May 2025 → Aug 2025

% positive months

80.6%

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.

Peers in Dynamic Bond Fund

Scheme	Fund house	NAV	As of
HDFC Dynamic Debt Fund - Growth Option - Direct Plan	HDFC	₹100.6129	3 Jun 2026
Nippon India Dynamic Bond Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹41.4175	3 Jun 2026
SBI Dynamic Bond Fund - DIRECT PLAN - Growth	SBI	₹40.5289	3 Jun 2026
ICICI Prudential All Seasons Bond Fund - Direct Plan - Growth	ICICI Prudential	₹41.4902	3 Jun 2026
BANDHAN Dynamic Bond Fund-Direct Plan-Growth	Bandhan	₹38.9185	3 Jun 2026
Quantum Dynamic Bond Fund - Direct Plan Growth Option	Quantum	₹22.2663	3 Jun 2026
Aditya Birla Sun Life Dynamic Bond Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹51.6266	3 Jun 2026
Franklin India Dynamic Accrual Fund - Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Growth Plan	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth	Mirae Asset	₹18.6144	3 Jun 2026
Kotak Dynamic Bond Fund - Growth - Direct	Kotak	₹42.2341	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹45.6290
2 Jun 2026	₹45.6374
1 Jun 2026	₹45.6081
29 May 2026	₹45.6020
27 May 2026	₹45.5499
26 May 2026	₹45.5347
25 May 2026	₹45.5288
22 May 2026	₹45.4451
21 May 2026	₹45.4227
20 May 2026	₹45.4876

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 Dynamic Bond Fund - (Direct) - Growth Option is ₹45.6290. It's a Dynamic Bond Fund from the fund house, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

JM Dynamic Bond Fund - (Direct) - Growth Option has NAV history starting from 03 Jan 2013, a track record of about 13 years 5 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) - Growth Option 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) - Growth Option has delivered a absolute return of 1.61% — -9.59 pp behind the Dynamic Bond Fund category average of 11.20%. The fund ranks #15 of 26 in its category — the third (Q3) quartile.

Over the trailing 3-year window, JM Dynamic Bond Fund - (Direct) - Growth Option has delivered a CAGR of 6.41% — -0.17 pp behind the Dynamic Bond Fund category average of 6.58%. The fund ranks #16 of 24 in its category — the third (Q3) quartile.

Over the trailing 5-year window, JM Dynamic Bond Fund - (Direct) - Growth Option has delivered a CAGR of 5.92% — -0.31 pp behind the Dynamic Bond Fund category average of 6.23%. The fund ranks #15 of 22 in its category — the third (Q3) quartile.

₹1 lakh invested in JM Dynamic Bond Fund - (Direct) - Growth Option exactly 10 years ago would be worth approximately ₹191,324 today — a multiplier of 1.91×, based on the 10-year CAGR of 6.70%. The category average over the same window would have grown ₹1 lakh to ₹200,801.

A ₹10,000 monthly SIP in JM Dynamic Bond Fund - (Direct) - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹701,506 today. That's an XIRR (money-weighted annualised return) of 6.18%.

A ₹10,000 monthly SIP for 10 years in JM Dynamic Bond Fund - (Direct) - Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,656,732 (multiplier 1.38×). XIRR: 6.28%. 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) - Growth Option ranks #15 out of 22 funds in the Dynamic Bond Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 6.23%; this fund delivered 5.92%.

The worst peak-to-trough decline JM Dynamic Bond Fund - (Direct) - Growth Option has experienced over the last 5-year window is 1.16% — its NAV fell from a high on 28 May 2025 to a low on 26 Aug 2025. 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) - Growth Option averaged 7.18% (best 8.99%, worst 5.85%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.35 — negative risk-adjusted performance.

In calendar year 2025, JM Dynamic Bond Fund - (Direct) - Growth Option returned 7.63% — beating the Dynamic Bond Fund category average of 6.45% by 1.17 pp. It ranked #5 of 22 in its category that year.

JM Dynamic Bond Fund - (Direct) - Growth Option 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) - Growth Option 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: 1.2%. 5-year CAGR: 5.92%.

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

JM Dynamic Bond Fund - (Direct) - Growth Option

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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