JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units

Latest NAV

₹22.4898

As of

27 Jan 2025

3,652 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%	0.00%	+0.02	3 / 139	Q1
1W	+0.13%	+0.04%	+0.09	44 / 138	Q2
2W	+0.27%	+0.05%	+0.22	5 / 138	Q1
1M	+0.61%	+0.11%	+0.51	5 / 138	Q1
3M	+1.72%	+0.30%	+1.42	5 / 138	Q1
6M	+3.50%	+0.41%	+3.08	4 / 135	Q1
YTD	+0.49%	+0.39%	+0.10	36 / 135	Q2
1Y	+7.31%	+1.00%	+6.30	3 / 128	Q1
2Y	+7.22%	+1.19%	+6.04	3 / 127	Q1
3Y	+6.51%	+1.40%	+5.11	20 / 122	Q1
4Y	+5.74%	+1.28%	+4.46	17 / 114	Q1
5Y	+5.37%	+1.19%	+4.18	15 / 113	Q1
7Y	+5.85%	+0.84%	+5.01	1 / 107	Q1
10Y	+6.41%	+0.68%	+5.73	1 / 73	Q1
Inception	+2.62%	+1.24%	+1.38	28 / 139	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	+0.49%	+1.10%	-0.61	30 / 115
2024	+7.32%	+1.42%	+5.90	18 / 118
2023	+7.03%	+1.63%	+5.40	20 / 112
2022	+4.88%	+1.11%	+3.77	14 / 116
2021	+3.41%	+0.45%	+2.96	4 / 107
2020	+4.07%	+0.35%	+3.72	10 / 110
2019	+6.69%	+1.19%	+5.50	4 / 99
2018	+7.51%	+1.03%	+6.48	2 / 91
2017	+6.83%	+1.12%	+5.71	2 / 87
2016	+7.90%	+1.02%	+6.87	1 / 73
2015	+8.57%	+2.77%	+5.80	1 / 6

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

+6.81%

135 windows

min 3.3% · max 10.0%

100% positive

3-Year rolling

+6.51%

111 windows

min 4.0% · max 9.1%

100% positive

5-Year rolling

+6.33%

87 windows

min -1.8% · max 8.4%

99% positive

7-Year rolling

+6.44%

62 windows

min 5.8% · max 8.0%

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

0.34%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.02%

May 2022 → May 2022

% positive months

100.0%

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 Liquid Fund

Scheme	Fund house	NAV	As of
HDFC Liquid Fund - IDCW Daily - Direct Plan	HDFC	₹1,019.8200	3 Jun 2026
NIPPON INDIA LIQUID FUND - DIRECT Plan - DAILY IDCW OPTION	Nippon India	₹1,528.7400	3 Jun 2026
SBI Liquid Fund - Direct Paln - Fortnightly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,423.4119	3 Jun 2026
ICICI Prudential Liquid Fund - Direct Plan - IDCW Others	ICICI Prudential	₹191.3611	3 Jun 2026
Invesco India Liquid Fund - Direct Plan - Monthly IDCW (Payout / Reinvestment)	Invesco	₹1,083.5347	3 Jun 2026
BANDHAN LIQUID Fund -Direct Plan -Monthly IDCW	Bandhan	₹1,008.3799	3 Jun 2026
quant Liquid Fund - Monthly IDCW Option - Direct Plan	Quant	₹15.7591	3 Jun 2026
Aditya Birla Sun Life Liquid Fund -Direct - daily IDCW	Aditya Birla Sun Life	₹100.1950	3 Jun 2026
Motilal Oswal Liquid Fund Direct - IDCW Quarterly Payout/Reinvestment	Motilal Oswal	₹10.2338	3 Jun 2026
Franklin India Liquid Fund - Super Institutional Plan - Direct - Daily - IDCW	Franklin India	₹1,002.8152	3 Jun 2026

Recent NAVs

Date	NAV
27 Jan 2025	₹22.4898
26 Jan 2025	₹22.4852
24 Jan 2025	₹22.4766
23 Jan 2025	₹22.4729
22 Jan 2025	₹22.4686
21 Jan 2025	₹22.4651
20 Jan 2025	₹22.4608
19 Jan 2025	₹22.4569
17 Jan 2025	₹22.4484
16 Jan 2025	₹22.4441

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 Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units is ₹22.4898. It's a Liquid Fund from the fund house, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

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

Over the trailing 1-year window, JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units has delivered a absolute return of 7.31% — +6.3 pp ahead of the Liquid Fund category average of 1.00%. The fund ranks #3 of 128 in its category — the top (Q1) quartile.

Over the trailing 3-year window, JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units has delivered a CAGR of 6.51% — +5.11 pp ahead of the Liquid Fund category average of 1.40%. The fund ranks #20 of 122 in its category — the top (Q1) quartile.

Over the trailing 5-year window, JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units has delivered a CAGR of 5.37% — +4.18 pp ahead of the Liquid Fund category average of 1.19%. The fund ranks #15 of 113 in its category — the top (Q1) quartile.

₹1 lakh invested in JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units exactly 10 years ago would be worth approximately ₹186,135 today — a multiplier of 1.86×, based on the 10-year CAGR of 6.41%. The category average over the same window would have grown ₹1 lakh to ₹106,990.

A ₹10,000 monthly SIP in JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units over the last 5 years — total invested ₹600,000 — would be worth ₹701,222 today. That's an XIRR (money-weighted annualised return) of 6.16%.

A ₹10,000 monthly SIP for 10 years in JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units = ₹1,200,000 invested. It would currently be worth ₹1,634,259 (multiplier 1.36×). XIRR: 6.01%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units ranks #15 out of 113 funds in the Liquid Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 1.19%; this fund delivered 5.37%.

The worst peak-to-trough decline JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units has experienced over the last 5-year window is 0.09% — its NAV fell from a high on 22 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 Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units averaged 6.33% (best 8.38%, worst -1.79%). 99% of rolling windows ended positive.

In calendar year 2024, JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units returned 7.32% — beating the Liquid Fund category average of 1.42% by 5.90 pp. It ranked #18 of 118 in its category that year.

JM Liquid Fund (Direct) - Bonus Option - 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 Liquid Fund (Direct) - Bonus Option - 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: 0.1%. 5-year CAGR: 5.37%.

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

JM Liquid Fund (Direct) - Bonus Option - Bonus Option - Principal units

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Liquid Fund

Recent NAVs

Frequently asked questions

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