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

We don't give personal investment advice. JM Low Duration Fund (Direct) - Growth 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: 6.24%.

JM Low Duration Fund (Direct) - Growth

Latest NAV

₹40.1526

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%	+0.04%	-0.04	27 / 27	Q4
1W	+0.21%	-6.69%	+6.90	22 / 29	Q4
2W	+0.25%	-3.38%	+3.63	3 / 28	Q1
1M	+0.24%	-3.36%	+3.60	6 / 28	Q1
3M	+1.17%	-2.48%	+3.65	7 / 28	Q1
6M	+2.45%	-1.41%	+3.86	14 / 26	Q3
YTD	+2.05%	-1.76%	+3.81	11 / 26	Q2
1Y	+5.78%	+2.16%	+3.62	16 / 26	Q3
2Y	+7.10%	+7.51%	-0.41	15 / 22	Q3
3Y	+7.14%	+7.30%	-0.16	15 / 22	Q3
4Y	+6.93%	+7.15%	-0.23	18 / 21	Q4
5Y	+6.24%	+6.52%	-0.28	15 / 19	Q4
7Y	+7.54%	+6.80%	+0.74	2 / 19	Q1
10Y	—	—	—	—	—
Inception	+6.06%	+6.75%	-0.69	24 / 27	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
2026 YTD	+2.05%	+2.03%	+0.02	10 / 24
2025	+7.61%	+7.72%	-0.11	13 / 21
2024	+7.74%	+7.84%	-0.11	16 / 21
2023	+7.04%	+2.49%	+4.55	21 / 22
2022	+4.58%	+4.67%	-0.08	13 / 20
2021	+3.42%	+4.92%	-1.50	18 / 19
2020	+26.88%	+8.39%	+18.49	1 / 19
2019	-11.97%	+6.00%	-17.97	19 / 19
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 - Growth	HDFC	₹66.0831	3 Jun 2026
Nippon India Low Duration Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹2,435.0222	3 Jun 2026
SBI LOW DURATION FUND - DIRECT PLAN - GROWTH	SBI	₹3,823.4491	3 Jun 2026
ICICI Prudential Savings Fund - Direct Plan - Growth	ICICI Prudential	₹582.0493	3 Jun 2026
Invesco India Low Duration Fund - Direct Plan - Growth	Invesco	₹4,151.8993	3 Jun 2026
BANDHAN Low Duration Fund-Direct Plan-Growth	Bandhan	₹41.6070	3 Jun 2026
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹766.7485	3 Jun 2026
Franklin India Low Duration Fund-Direct-Growth	Franklin India	₹10.9204	3 Jun 2026
Mirae Asset Low Duration Fund - Direct Plan - Growth	Mirae Asset	₹2,594.0785	3 Jun 2026
Kotak Low Duration Fund- Direct Plan- Growth Option	Kotak	₹3,846.2911	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹40.1526
2 Jun 2026	₹40.1527
1 Jun 2026	₹40.1334
29 May 2026	₹40.1015
27 May 2026	₹40.0697
26 May 2026	₹40.0552
25 May 2026	₹40.0561
22 May 2026	₹40.0284
21 May 2026	₹40.0181
20 May 2026	₹40.0515

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) - Growth is ₹40.1526. It's a Low Duration Fund from the fund house, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

JM Low Duration Fund (Direct) - Growth 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) - Growth 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) - Growth has delivered a absolute return of 5.78% — +3.62 pp ahead of the Low Duration Fund category average of 2.16%. The fund ranks #16 of 26 in its category — the third (Q3) quartile.

Over the trailing 3-year window, JM Low Duration Fund (Direct) - Growth has delivered a CAGR of 7.14% — -0.16 pp behind the Low Duration Fund category average of 7.30%. The fund ranks #15 of 22 in its category — the third (Q3) quartile.

Over the trailing 5-year window, JM Low Duration Fund (Direct) - Growth has delivered a CAGR of 6.24% — -0.28 pp behind the Low Duration Fund category average of 6.52%. The fund ranks #15 of 19 in its category — the bottom (Q4) quartile.

₹1 lakh invested in JM Low Duration Fund (Direct) - Growth exactly 5 years ago would be worth approximately ₹135,313 today — a multiplier of 1.35×, based on the 5-year CAGR of 6.24%. The category average over the same window would have grown ₹1 lakh to ₹137,133.

A ₹10,000 monthly SIP in JM Low Duration Fund (Direct) - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹712,254 today. That's an XIRR (money-weighted annualised return) of 6.79%.

JM Low Duration Fund (Direct) - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,086,019 — XIRR 7.22%.

On a 5-year basis, JM Low Duration Fund (Direct) - Growth ranks #15 out of 19 funds in the Low Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.52%; this fund delivered 6.24%.

The worst peak-to-trough decline JM Low Duration Fund (Direct) - Growth 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) - Growth 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) - Growth returned 7.61% — lagging the Low Duration Fund category average of 7.72% by 0.11 pp. It ranked #13 of 21 in its category that year.

JM Low Duration Fund (Direct) - Growth 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) - Growth 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: 6.24%.

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

JM Low Duration Fund (Direct) - Growth

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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