JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units

Latest NAV

₹28.5560

As of

27 Jan 2025

2,915 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%	-6.79%	+6.79	315 / 1087	Q2
1W	+0.69%	-9.68%	+10.37	2 / 998	Q1
2W	+1.33%	-9.65%	+10.97	1 / 997	Q1
1M	+1.24%	-9.71%	+10.95	6 / 991	Q1
3M	+2.31%	-9.39%	+11.69	22 / 984	Q1
6M	+4.19%	-8.74%	+12.94	35 / 949	Q1
YTD	+1.12%	-8.86%	+9.98	305 / 949	Q2
1Y	+8.95%	-6.69%	+15.64	29 / 916	Q1
2Y	+8.22%	-2.42%	+10.65	44 / 867	Q1
3Y	+6.17%	-1.12%	+7.29	254 / 833	Q2
4Y	+5.16%	+2.93%	+2.23	59 / 140	Q2
5Y	+6.25%	+2.47%	+3.78	15 / 87	Q1
7Y	+4.50%	+2.67%	+1.83	17 / 52	Q2
10Y	+4.89%	+2.62%	+2.27	9 / 34	Q2
Inception	+6.07%	+0.48%	+5.59	358 / 1085	Q2

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	+1.12%	+4.71%	-3.59	99 / 122
2024	+8.58%	+5.86%	+2.72	19 / 127
2023	+7.16%	+4.21%	+2.96	38 / 117
2022	+1.28%	-7.69%	+8.97	91 / 273
2021	+2.64%	-4.54%	+7.19	162 / 458
2020	+11.18%	+2.15%	+9.03	26 / 625
2019	-6.37%	+3.58%	-9.95	565 / 607
2018	+6.12%	+1.75%	+4.37	118 / 314
2017	+4.67%	+2.07%	+2.61	107 / 207
2016	+8.61%	+3.56%	+5.05	61 / 167
2015	+7.15%	+2.26%	+4.90	49 / 131

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

+6.00%

135 windows

min -6.4% · max 17.1%

92% positive

3-Year rolling

+5.26%

111 windows

min 0.8% · max 10.7%

100% positive

5-Year rolling

+4.90%

87 windows

min 2.3% · max 8.5%

100% positive

7-Year rolling

+4.82%

62 windows

min 3.4% · max 6.9%

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

2.17%

3-year · annualised

Sharpe ratio

-0.22

vs risk-free 6.5%

Sortino ratio

-0.50

Downside-only deviation

Max drawdown

-3.26%

Feb 2022 → May 2022

% positive months

83.3%

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.

Peers in Medium to Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC Charity Fund for Cancer Cure - IDCW Option - Direct Plan - 50% IDCW Donation Option	HDFC	₹10.0419	3 Jun 2026
NIPPON INDIA FIXED MATURITY PLAN - XLI - SERIES 8 - DIRECT Plan - IDCW Option	Nippon India	₹17.3687	3 Jun 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹17.4021	3 Jun 2026
ICICI Prudential Bond Fund - Direct Plan - Half Yearly IDCW	ICICI Prudential	₹10.7370	3 Jun 2026
BANDHAN Fixed Term Plan Series 179 DIRECT PLAN HALF YEARLY-IDCW (3652 days)	Bandhan	₹11.3171	3 Jun 2026
Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 days) - Direct Plan - Payout of IDCW option	Aditya Birla Sun Life	₹13.5041	3 Jun 2026
Franklin India Medium to Long Duration Fund - Direct - IDCW	Franklin India	₹10.4993	3 Jun 2026
Kotak Bond Fund - Direct Plan - Standard IDCW option	Kotak	₹29.3456	3 Jun 2026
DSP FMP Series - 264 - 60M - 17D - Direct - IDCW	DSP	₹13.2410	3 Jun 2026
HSBC Medium to Long Duration Fund - Direct Quarterly IDCW	HSBC	₹10.3575	3 Jun 2026

Recent NAVs

Date	NAV
27 Jan 2025	₹28.5560
24 Jan 2025	₹28.4629
23 Jan 2025	₹28.4279
22 Jan 2025	₹28.4510
21 Jan 2025	₹28.4170
20 Jan 2025	₹28.3604
17 Jan 2025	₹28.3259
16 Jan 2025	₹28.3516
15 Jan 2025	₹28.2444
14 Jan 2025	₹28.2109

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 Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units is ₹28.5560. It's a Medium to Long 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 Medium to Long Duration Fund (Direct) - 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 Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units is managed by the fund house. It's classified by AMFI under the 'Medium to Long Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units has delivered a absolute return of 8.95% — +15.64 pp ahead of the Medium to Long Duration Fund category average of -6.69%. The fund ranks #29 of 916 in its category — the top (Q1) quartile.

Over the trailing 3-year window, JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units has delivered a CAGR of 6.17% — +7.29 pp ahead of the Medium to Long Duration Fund category average of -1.12%. The fund ranks #254 of 833 in its category — the second (Q2) quartile.

Over the trailing 5-year window, JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units has delivered a CAGR of 6.25% — +3.78 pp ahead of the Medium to Long Duration Fund category average of 2.47%. The fund ranks #15 of 87 in its category — the top (Q1) quartile.

₹1 lakh invested in JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units exactly 10 years ago would be worth approximately ₹161,168 today — a multiplier of 1.61×, based on the 10-year CAGR of 4.89%. The category average over the same window would have grown ₹1 lakh to ₹129,492.

A ₹10,000 monthly SIP in JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units over the last 5 years — total invested ₹600,000 — would be worth ₹703,830 today. That's an XIRR (money-weighted annualised return) of 6.31%.

A ₹10,000 monthly SIP for 10 years in JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units = ₹1,200,000 invested. It would currently be worth ₹1,553,587 (multiplier 1.29×). XIRR: 5.04%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units ranks #15 out of 87 funds in the Medium to Long Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.47%; this fund delivered 6.25%.

The worst peak-to-trough decline JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units has experienced over the last 5-year window is 3.26% — its NAV fell from a high on 14 Feb 2022 to a low on 09 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 Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units averaged 4.90% (best 8.53%, worst 2.31%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.15 — negative risk-adjusted performance.

In calendar year 2024, JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units returned 8.58% — beating the Medium to Long Duration Fund category average of 5.86% by 2.72 pp. It ranked #19 of 127 in its category that year.

JM Medium to Long 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 Medium to Long 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: 3.3%. 5-year CAGR: 6.25%.

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

JM Medium to Long 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 Medium to Long Duration Fund

Recent NAVs

Frequently asked questions

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