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

We don't give personal investment advice. JM Short Duration Fund (Direct) - 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.

JM Short Duration Fund (Direct) - IDCW

Latest NAV

₹12.8545

As of

3 Jun 2026

907 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	-0.03%	+0.03%	-0.06	65 / 70	Q4
1W	+0.17%	+0.45%	-0.29	49 / 75	Q3
2W	+0.28%	+3.30%	-3.02	52 / 73	Q3
1M	+0.13%	+3.91%	-3.77	45 / 73	Q3
3M	+0.54%	+3.67%	-3.13	20 / 73	Q2
6M	+1.53%	+4.08%	-2.55	18 / 73	Q1
YTD	+1.33%	+4.25%	-2.92	19 / 73	Q2
1Y	+4.23%	+5.25%	-1.02	24 / 73	Q2
2Y	+6.97%	+6.08%	+0.89	21 / 69	Q2
3Y	+6.89%	+5.06%	+1.82	24 / 67	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+6.87%	+3.21%	+3.66	14 / 69	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	+1.33%	+0.03%	+1.30	10 / 57
2025	+7.96%	+12.93%	-4.97	18 / 62
2024	+7.82%	+3.52%	+4.30	22 / 64
2023	+7.00%	-1.39%	+8.40	17 / 65
2022	—	—	—	—

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

+7.57%

34 windows

min 4.2% · max 10.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+7.44%

10 windows

min 6.9% · max 7.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

1.18%

3-year · annualised

Sharpe ratio

0.16

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.52%

Jun 2025 → Jun 2025

% positive months

94.4%

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 Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Fortnightly IDCW - Direct Plan	HDFC	₹10.3067	3 Jun 2026
NIPPON INDIA SHORT DURATION FUND - Direct Plan - IDCW Option	Nippon India	₹24.4258	3 Jun 2026
SBI Short Term Debt Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹19.8855	3 Jun 2026
ICICI Prudential Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹12.6802	3 Jun 2026
Invesco India Short Duration Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,023.1248	3 Jun 2026
Bandhan Short Duration Fund - Direct Plan - Annual IDCW	Bandhan	₹10.8737	3 Jun 2026
Aditya Birla Sun Life Short Term Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹10.8440	3 Jun 2026
Franklin India Short term Income Plan- Retail Plan-Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Monthly - IDCW	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Short Duration Fund - Direct Plan - IDCW	Mirae Asset	₹17.3593	3 Jun 2026
Kotak Bond Short Term Plan - Direct - Standard Income Distribution cum capital withdrawal option	Kotak	₹15.9032	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹12.8545
2 Jun 2026	₹12.8588
1 Jun 2026	₹12.8532
29 May 2026	₹12.8472
27 May 2026	₹12.8332
26 May 2026	₹12.8257
25 May 2026	₹12.8232
22 May 2026	₹12.8014
21 May 2026	₹12.7996
20 May 2026	₹12.8189

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 Short Duration Fund (Direct) - IDCW is ₹12.8545. It's a Short 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 Short Duration Fund (Direct) - IDCW has NAV history starting from 01 Sep 2022, a track record of about 3 years 9 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

JM Short Duration Fund (Direct) - IDCW is managed by the fund house. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM Short Duration Fund (Direct) - IDCW has delivered a absolute return of 4.23% — -1.02 pp behind the Short Duration Fund category average of 5.25%. The fund ranks #24 of 73 in its category — the second (Q2) quartile.

Over the trailing 3-year window, JM Short Duration Fund (Direct) - IDCW has delivered a CAGR of 6.89% — +1.82 pp ahead of the Short Duration Fund category average of 5.06%. The fund ranks #24 of 67 in its category — the second (Q2) quartile.

JM Short Duration Fund (Direct) - IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in JM Short Duration Fund (Direct) - IDCW exactly 3 years ago would be worth approximately ₹122,119 today — a multiplier of 1.22×, based on the 3-year CAGR of 6.89%. The category average over the same window would have grown ₹1 lakh to ₹115,976.

A ₹10,000 monthly SIP in JM Short Duration Fund (Direct) - IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹397,427 today. That's an XIRR (money-weighted annualised return) of 6.52%.

JM Short Duration Fund (Direct) - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹397,427 — XIRR 6.52%.

On a 3-year basis, JM Short Duration Fund (Direct) - IDCW ranks #24 out of 67 funds in the Short Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 5.06%; this fund delivered 6.89%.

The worst peak-to-trough decline JM Short Duration Fund (Direct) - IDCW has experienced over the last 3-year window is 0.52% — its NAV fell from a high on 06 Jun 2025 to a low on 13 Jun 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, JM Short Duration Fund (Direct) - IDCW averaged 7.44% (best 7.79%, worst 6.89%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.16 — weak risk-adjusted performance.

In calendar year 2025, JM Short Duration Fund (Direct) - IDCW returned 7.96% — lagging the Short Duration Fund category average of 12.93% by 4.97 pp. It ranked #18 of 62 in its category that year.

JM Short Duration Fund (Direct) - 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 Short Duration Fund (Direct) - 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.

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