Should I invest in JM Low Duration Fund (Direct) - Bonus Option - Principal Units?

We don't give personal investment advice. JM Low Duration 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: 0.3%. 5-year CAGR: 6.23%.

JM Low Duration Fund (Direct) - Bonus Option - Principal Units

Latest NAV

₹24.1757

As of

3 Jun 2026

1,941 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%	+0.02%	-0.02	80 / 87	Q4
1W	+0.21%	-4.24%	+4.44	41 / 91	Q2
2W	+0.25%	-2.10%	+2.36	6 / 89	Q1
1M	+0.24%	-2.19%	+2.43	11 / 87	Q1
3M	+1.17%	-2.06%	+3.23	8 / 87	Q1
6M	+2.45%	-1.60%	+4.04	12 / 86	Q1
YTD	+2.05%	-1.70%	+3.75	8 / 86	Q1
1Y	+5.78%	-0.19%	+5.97	14 / 86	Q1
2Y	+7.10%	+2.47%	+4.63	8 / 81	Q1
3Y	+7.14%	+2.22%	+4.92	6 / 76	Q1
4Y	+6.93%	+2.25%	+4.68	14 / 73	Q1
5Y	+6.23%	+2.13%	+4.11	14 / 69	Q1
7Y	+7.54%	+2.14%	+5.40	1 / 69	Q1
10Y	—	—	—	—	—
Inception	+6.06%	+1.88%	+4.18	9 / 86	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	+2.05%	+0.49%	+1.56	6 / 75
2025	+7.61%	+2.26%	+5.35	9 / 73
2024	+7.74%	+2.19%	+5.55	11 / 76
2023	+7.04%	-0.53%	+7.57	19 / 78
2022	+4.58%	+1.51%	+3.07	13 / 73
2021	+3.42%	+1.54%	+1.88	18 / 69
2020	+26.88%	+3.37%	+23.51	1 / 69
2019	-11.98%	-1.02%	-10.95	66 / 69
2018	—	—	—	—

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

+6.40%

86 windows

min -12.6% · max 27.1%

84% positive

3-Year rolling

+6.89%

62 windows

min 4.5% · max 11.5%

100% positive

5-Year rolling

+6.85%

38 windows

min 5.3% · max 9.9%

100% positive

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

7-Year rolling

+6.12%

13 windows

min 5.8% · max 7.5%

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

0.52%

3-year · annualised

Sharpe ratio

0.83

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.22%

May 2026 → May 2026

% 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 Low Duration Fund

Scheme	Fund house	NAV	As of
HDFC Low Duration Fund - Direct Plan - Daily IDCW	HDFC	₹10.0655	3 Jun 2026
NIPPON INDIA LOW DURATION FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹1,012.2892	3 Jun 2026
SBI Low Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,473.8948	3 Jun 2026
ICICI Prudential Savings Fund - Direct Plan - Daily IDCW	ICICI Prudential	₹105.7358	3 Jun 2026
Invesco India Low Duration Fund - Direct Plan - Discretionary IDCW (Payout / Reinvestment)	Invesco	₹4,153.7681	3 Jun 2026
BANDHAN Low Duration Fund-Direct Plan-Daily IDCW	Bandhan	₹10.1108	3 Jun 2026
Aditya Birla Sun Life Low Duration Fund -Direct - daily IDCW	Aditya Birla Sun Life	₹100.0001	3 Jun 2026
Franklin India Low Duration Fund-Direct-IDCW	Franklin India	₹10.5878	3 Jun 2026
Mirae Asset Low Duration Fund - Direct Plan - Daily IDCW	Mirae Asset	₹1,208.9337	3 Jun 2026
Kotak Low Duration Fund - Direct Plan - Monthly - Reinvestment & Payout of Income Distribution cum Capital Withdrawal Option	Kotak	₹1,000.2840	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹24.1757
2 Jun 2026	₹24.1758
1 Jun 2026	₹24.1642
29 May 2026	₹24.1449
27 May 2026	₹24.1258
26 May 2026	₹24.1171
25 May 2026	₹24.1176
22 May 2026	₹24.1010
21 May 2026	₹24.0947
20 May 2026	₹24.1148

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 Low Duration Fund (Direct) - Bonus Option - Principal Units is ₹24.1757. It's a Low Duration Fund from the fund house, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

JM Low Duration Fund (Direct) - Bonus Option - Principal Units has NAV history starting from 25 May 2018, a track record of about 8 years. 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 Low Duration Fund (Direct) - Bonus Option - Principal Units is managed by the fund house. It's classified by AMFI under the 'Low Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Low Duration Fund (Direct) - Bonus Option - Principal Units has delivered a absolute return of 5.78% — +5.97 pp ahead of the Low Duration Fund category average of -0.19%. The fund ranks #14 of 86 in its category — the top (Q1) quartile.

Over the trailing 3-year window, JM Low Duration Fund (Direct) - Bonus Option - Principal Units has delivered a CAGR of 7.14% — +4.92 pp ahead of the Low Duration Fund category average of 2.22%. The fund ranks #6 of 76 in its category — the top (Q1) quartile.

Over the trailing 5-year window, JM Low Duration Fund (Direct) - Bonus Option - Principal Units has delivered a CAGR of 6.23% — +4.11 pp ahead of the Low Duration Fund category average of 2.13%. The fund ranks #14 of 69 in its category — the top (Q1) quartile.

₹1 lakh invested in JM Low Duration Fund (Direct) - Bonus Option - Principal Units exactly 5 years ago would be worth approximately ₹135,311 today — a multiplier of 1.35×, based on the 5-year CAGR of 6.23%. The category average over the same window would have grown ₹1 lakh to ₹111,103.

A ₹10,000 monthly SIP in JM Low Duration Fund (Direct) - Bonus Option - Principal Units over the last 5 years — total invested ₹600,000 — would be worth ₹712,241 today. That's an XIRR (money-weighted annualised return) of 6.79%.

JM Low Duration Fund (Direct) - Bonus Option - Principal Units doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,085,998 — XIRR 7.22%.

On a 5-year basis, JM Low Duration Fund (Direct) - Bonus Option - Principal Units ranks #14 out of 69 funds in the Low Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.13%; this fund delivered 6.23%.

The worst peak-to-trough decline JM Low Duration Fund (Direct) - Bonus Option - Principal Units has experienced over the last 5-year window is 0.35% — its NAV fell from a high on 02 May 2022 to a low on 06 May 2022. 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 Low Duration Fund (Direct) - Bonus Option - Principal Units averaged 6.85% (best 9.93%, worst 5.28%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.69 — negative risk-adjusted performance.

In calendar year 2025, JM Low Duration Fund (Direct) - Bonus Option - Principal Units returned 7.61% — beating the Low Duration Fund category average of 2.26% by 5.35 pp. It ranked #9 of 73 in its category that year.

JM Low Duration 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 Low Duration 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: 0.3%. 5-year CAGR: 6.23%.

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

JM Low Duration 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 Low Duration Fund

Recent NAVs

Frequently asked questions

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