Should I invest in JM Emerging Leaders Fund?

We don't give personal investment advice. JM Emerging Leaders Fund-Dividend 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. Worst 5-year drawdown: 86.4%. 5-year CAGR: -6.79%.

JM Financial

JM Emerging Leaders Fund-Dividend

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	-0.22%	+0.06%	-0.29	210 / 299	Q3
1W	-2.38%	-3.61%	+1.22	233 / 303	Q4
2W	-2.18%	-4.52%	+2.34	206 / 303	Q3
1M	-0.92%	-5.64%	+4.71	154 / 302	Q3
3M	-4.60%	-4.27%	-0.33	187 / 302	Q3
6M	-4.83%	+1.48%	-6.31	207 / 307	Q3
YTD	-19.37%	-0.18%	-19.18	260 / 309	Q4
1Y	-16.98%	+7.10%	-24.08	248 / 307	Q4
2Y	+5.24%	+2.20%	+3.04	140 / 303	Q2
3Y	-12.02%	+0.76%	-12.78	241 / 264	Q4
4Y	-13.02%	+0.58%	-13.60	221 / 235	Q4
5Y	-6.79%	+0.02%	-6.81	190 / 208	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-10.04%	+0.51%	-10.55	281 / 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	-19.37%	-23.68%	+4.31	65 / 241
2010	+6.23%	+11.69%	-5.46	175 / 256
2009	+97.17%	+65.86%	+31.31	32 / 238
2008	-80.48%	-52.86%	-27.62	197 / 198
2007	+93.63%	+42.91%	+50.72	4 / 137
2006	—	—	—	—

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

+11.80%

53 windows

min -80.7% · max 181.9%

57% positive

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

3-Year rolling

-14.96%

29 windows

min -32.7% · max -3.7%

0% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

-8.84%

5 windows

min -10.8% · max -6.8%

0% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

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

50.72%

3-year · annualised

Sharpe ratio

-0.10

vs risk-free 6.5%

Sortino ratio

-0.15

Downside-only deviation

Max drawdown

-75.22%

Aug 2008 → Mar 2009

% 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.

Recent NAVs

Date	NAV
29 Jul 2011	₹7.1361
28 Jul 2011	₹7.1520
27 Jul 2011	₹7.2205
26 Jul 2011	₹7.2228
25 Jul 2011	₹7.3613
22 Jul 2011	₹7.3104
21 Jul 2011	₹7.2049
20 Jul 2011	₹7.2444
19 Jul 2011	₹7.3473
18 Jul 2011	₹7.3191

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 Emerging Leaders Fund-Dividend 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 Emerging Leaders Fund-Dividend 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 Emerging Leaders Fund-Dividend 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 Emerging Leaders Fund-Dividend has delivered a absolute return of -16.98% — -24.08 pp behind the Growth category average of 7.10%. The fund ranks #248 of 307 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, JM Emerging Leaders Fund-Dividend has delivered a CAGR of -12.02% — -12.78 pp behind the Growth category average of 0.76%. The fund ranks #241 of 264 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, JM Emerging Leaders Fund-Dividend has delivered a CAGR of -6.79% — -6.81 pp behind the Growth category average of 0.02%. The fund ranks #190 of 208 in its category — the bottom (Q4) quartile.

₹1 lakh invested in JM Emerging Leaders Fund-Dividend exactly 5 years ago would be worth approximately ₹70,376 today — a multiplier of 0.70×, based on the 5-year CAGR of -6.79%. The category average over the same window would have grown ₹1 lakh to ₹100,100.

A ₹10,000 monthly SIP in JM Emerging Leaders Fund-Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹545,502 today. That's an XIRR (money-weighted annualised return) of -3.74%.

JM Emerging Leaders Fund-Dividend doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹545,502 — XIRR -3.74%.

On a 5-year basis, JM Emerging Leaders Fund-Dividend ranks #190 out of 208 funds in the Growth category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 0.02%; this fund delivered -6.79%.

The worst peak-to-trough decline JM Emerging Leaders Fund-Dividend has experienced over the last 5-year window is 86.36% — its NAV fell from a high on 01 Jan 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 5-year rolling windows, JM Emerging Leaders Fund-Dividend averaged -8.84% (best -6.79%, worst -10.81%). 0% of rolling windows ended positive. The 5-year Sharpe ratio is -0.06 — negative risk-adjusted performance.

In calendar year 2010, JM Emerging Leaders Fund-Dividend returned 6.23% — lagging the Growth category average of 11.69% by 5.46 pp. It ranked #175 of 256 in its category that year.

JM Emerging Leaders Fund-Dividend 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 Emerging Leaders Fund-Dividend 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. Worst 5-year drawdown: 86.4%. 5-year CAGR: -6.79%.

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