Should I invest in JM Low Duration Fund (Direct) - Daily IDCW?

We don't give personal investment advice. JM Low Duration Fund (Direct) - Daily 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: 0.4%. 5-year CAGR: 0.00%.

JM Low Duration Fund (Direct) - Daily IDCW

Latest NAV

₹10.8500

As of

17 Jul 2026

1,972 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	75 / 87	Q4
1W	+0.04%	-0.01%	+0.05	73 / 87	Q4
2W	+0.00%	-0.06%	+0.06	59 / 87	Q3
1M	+0.01%	+0.06%	-0.06	53 / 87	Q3
3M	+0.00%	+0.44%	-0.44	51 / 85	Q3
6M	+0.07%	+1.05%	-0.97	61 / 84	Q3
YTD	+0.00%	+0.97%	-0.97	59 / 84	Q3
1Y	+0.00%	+2.29%	-2.29	53 / 84	Q3
2Y	+0.00%	+2.52%	-2.52	55 / 81	Q3
3Y	+0.00%	+2.27%	-2.27	53 / 76	Q3
4Y	+0.00%	+2.26%	-2.26	53 / 73	Q3
5Y	+0.00%	+2.18%	-2.18	50 / 69	Q3
7Y	+2.50%	+2.14%	+0.36	26 / 69	Q2
10Y	—	—	—	—	—
Inception	+0.87%	+1.91%	-1.03	44 / 86	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	+0.00%	+0.86%	-0.86	51 / 75
2025	+0.00%	+2.26%	-2.26	52 / 73
2024	+0.00%	+2.19%	-2.19	57 / 76
2023	+0.00%	+2.09%	-2.09	65 / 76
2022	+0.00%	+1.51%	-1.51	66 / 73
2021	-0.18%	+1.54%	-1.72	59 / 69
2020	+25.40%	+3.37%	+22.02	4 / 69
2019	-14.26%	-1.02%	-13.24	68 / 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

+1.39%

88 windows

min -14.7% · max 26.2%

26% positive

3-Year rolling

+1.98%

63 windows

min -0.2% · max 8.1%

52% positive

5-Year rolling

+1.84%

39 windows

min -0.1% · max 4.7%

74% positive

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

7-Year rolling

+1.22%

15 windows

min 1.0% · max 2.6%

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

0.11%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.27%

Mar 2024 → May 2026

% positive months

13.9%

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	17 Jul 2026
NIPPON INDIA LOW DURATION FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹1,012.3553	17 Jul 2026
SBI Low Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,492.8573	17 Jul 2026
ICICI Prudential Savings Fund - Direct Plan - Daily IDCW	ICICI Prudential	₹105.7358	17 Jul 2026
Invesco India Low Duration Fund - Direct Plan - Discretionary IDCW (Payout / Reinvestment)	Invesco	₹4,203.3146	17 Jul 2026
BANDHAN Low Duration Fund-Direct Plan-Daily IDCW	Bandhan	₹10.1111	17 Jul 2026
Aditya Birla Sun Life Low Duration Fund -Direct - daily IDCW	Aditya Birla Sun Life	₹100.0000	17 Jul 2026
Franklin India Low Duration Fund-Direct-IDCW	Franklin India	₹10.5950	17 Jul 2026
Mirae Asset Low Duration Fund - Direct Plan - Daily IDCW	Mirae Asset	₹1,208.9337	17 Jul 2026
Kotak Low Duration Fund - Direct Plan - Monthly - Reinvestment & Payout of Income Distribution cum Capital Withdrawal Option	Kotak	₹1,014.4328	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹10.8500
16 Jul 2026	₹10.8478
15 Jul 2026	₹10.8433
14 Jul 2026	₹10.8415
13 Jul 2026	₹10.8493
10 Jul 2026	₹10.8453
9 Jul 2026	₹10.8405
8 Jul 2026	₹10.8367
7 Jul 2026	₹10.8453
6 Jul 2026	₹10.8500

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 17 Jul 2026, the NAV of JM Low Duration Fund (Direct) - Daily IDCW is ₹10.8500. 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) - Daily IDCW has NAV history starting from 25 May 2018, a track record of about 8 years 1 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 Low Duration Fund (Direct) - Daily IDCW 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) - Daily IDCW has delivered a absolute return of 0.00% — -2.29 pp behind the Low Duration Fund category average of 2.29%. The fund ranks #53 of 84 in its category — the third (Q3) quartile.

Over the trailing 3-year window, JM Low Duration Fund (Direct) - Daily IDCW has delivered a CAGR of 0.00% — -2.27 pp behind the Low Duration Fund category average of 2.27%. The fund ranks #53 of 76 in its category — the third (Q3) quartile.

Over the trailing 5-year window, JM Low Duration Fund (Direct) - Daily IDCW has delivered a CAGR of 0.00% — -2.18 pp behind the Low Duration Fund category average of 2.18%. The fund ranks #50 of 69 in its category — the third (Q3) quartile.

₹1 lakh invested in JM Low Duration Fund (Direct) - Daily IDCW exactly 5 years ago would be worth approximately ₹100,000 today — a multiplier of 1.00×, based on the 5-year CAGR of 0.00%. The category average over the same window would have grown ₹1 lakh to ₹111,364.

A ₹10,000 monthly SIP in JM Low Duration Fund (Direct) - Daily IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹600,055 today. That's an XIRR (money-weighted annualised return) of 0.00%.

JM Low Duration Fund (Direct) - Daily IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹866,816 — XIRR 0.89%.

On a 5-year basis, JM Low Duration Fund (Direct) - Daily IDCW ranks #50 out of 69 funds in the Low Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 2.18%; this fund delivered 0.00%.

The worst peak-to-trough decline JM Low Duration Fund (Direct) - Daily IDCW has experienced over the last 5-year window is 0.35% — its NAV fell from a high on 19 Jul 2021 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) - Daily IDCW averaged 1.84% (best 4.69%, worst -0.13%). 74% of rolling windows ended positive.

In calendar year 2025, JM Low Duration Fund (Direct) - Daily IDCW returned 0.00% — lagging the Low Duration Fund category average of 2.26% by 2.26 pp. It ranked #52 of 73 in its category that year.

JM Low Duration Fund (Direct) - Daily 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 Low Duration Fund (Direct) - Daily 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: 0.4%. 5-year CAGR: 0.00%.

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