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

We don't give personal investment advice. JM Dynamic Bond Fund (Direct) - Monthly IDCW 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) - Monthly IDCW

Latest NAV

₹46.2262

As of

3 Jun 2026

2,767 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

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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%	+17.32%	-17.34	57 / 68	Q4
1W	+0.17%	+14.16%	-13.99	32 / 70	Q2
2W	+0.31%	+15.97%	-15.66	39 / 69	Q3
1M	+0.21%	+15.90%	-15.69	28 / 69	Q2
3M	+0.13%	+15.94%	-15.81	28 / 69	Q2
6M	+0.56%	+17.09%	-16.53	33 / 69	Q2
YTD	+0.53%	+15.85%	-15.32	29 / 69	Q2
1Y	+1.61%	+18.41%	-16.80	23 / 69	Q2
2Y	+6.34%	+7.92%	-1.58	20 / 68	Q2
3Y	+6.41%	+2.85%	+3.56	20 / 63	Q2
4Y	+6.62%	+3.41%	+3.21	18 / 61	Q2
5Y	+5.92%	+3.09%	+2.82	16 / 56	Q2
7Y	+6.10%	+2.73%	+3.36	15 / 52	Q2
10Y	+6.72%	+2.66%	+4.07	7 / 41	Q1
Inception	+7.11%	+7.98%	-0.87	11 / 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
2026 YTD	+0.53%	+0.03%	+0.50	20 / 55
2025	+7.63%	+2.58%	+5.05	5 / 57
2024	+8.58%	+4.34%	+4.24	18 / 57
2023	+6.56%	+1.22%	+5.34	21 / 60
2022	+4.22%	+21.54%	-17.32	17 / 59
2021	+3.40%	+0.27%	+3.13	15 / 55
2020	+8.52%	+3.18%	+5.34	14 / 52
2019	+6.68%	+2.95%	+3.72	14 / 53
2018	+7.91%	+3.55%	+4.36	4 / 47
2017	+8.15%	-1.08%	+9.24	2 / 44
2016	+9.28%	+6.39%	+2.89	14 / 44

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

+7.22%

128 windows

min 1.6% · max 11.1%

100% positive

3-Year rolling

+6.95%

104 windows

min 4.7% · max 9.1%

100% positive

5-Year rolling

+6.72%

79 windows

min 5.8% · max 8.4%

100% positive

7-Year rolling

+6.74%

55 windows

min 6.1% · max 7.7%

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

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 - 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
3 Jun 2026	₹46.2262
2 Jun 2026	₹46.2347
1 Jun 2026	₹46.2049
29 May 2026	₹46.1987
27 May 2026	₹46.1460
26 May 2026	₹46.1306
25 May 2026	₹46.1247
22 May 2026	₹46.0399
21 May 2026	₹46.0172
20 May 2026	₹46.0830

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) - Monthly IDCW is ₹46.2262. 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) - Monthly IDCW has NAV history starting from 23 Dec 2014, a track record of about 11 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) - Monthly IDCW 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) - Monthly IDCW has delivered a absolute return of 1.61% — -16.8 pp behind the Dynamic Bond Fund category average of 18.41%. The fund ranks #23 of 69 in its category — the second (Q2) quartile.

Over the trailing 3-year window, JM Dynamic Bond Fund (Direct) - Monthly IDCW has delivered a CAGR of 6.41% — +3.56 pp ahead of the Dynamic Bond Fund category average of 2.85%. The fund ranks #20 of 63 in its category — the second (Q2) quartile.

Over the trailing 5-year window, JM Dynamic Bond Fund (Direct) - Monthly IDCW has delivered a CAGR of 5.92% — +2.82 pp ahead of the Dynamic Bond Fund category average of 3.09%. The fund ranks #16 of 56 in its category — the second (Q2) quartile.

₹1 lakh invested in JM Dynamic Bond Fund (Direct) - Monthly IDCW exactly 10 years ago would be worth approximately ₹191,680 today — a multiplier of 1.92×, based on the 10-year CAGR of 6.72%. 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) - Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹701,489 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) - Monthly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,656,871 (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) - Monthly IDCW ranks #16 out of 56 funds in the Dynamic Bond Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 3.09%; this fund delivered 5.92%.

The worst peak-to-trough decline JM Dynamic Bond Fund (Direct) - Monthly IDCW 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) - Monthly IDCW averaged 6.72% (best 8.44%, worst 5.84%). 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) - Monthly IDCW returned 7.63% — beating the Dynamic Bond Fund category average of 2.58% by 5.05 pp. It ranked #5 of 57 in its category that year.

JM Dynamic Bond Fund (Direct) - Monthly IDCW 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) - Monthly IDCW 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) - Monthly IDCW

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

More from this fund house