Business wire
Sebi bans Rajesh Exports' CMD for fin irregularities · 2 hours ago RBI rejects bids for treasury bills, move signals lower rates · 2 hours ago Interest in India strong despite volatility: Bank of America chief · 2 hours ago Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check · 2 hours ago Exporters keep tabs on USTR probe, trade talks · 2 hours ago Tech stocks slide on AI fears, oil gives Dalal Street a headache · 2 hours ago BHEL secures order worth over Rs 2,000 crore from Nigerian firm · 5 hours ago District economy data: Govt issues uniform framework for district GDP estimates with 2022-23 base year · 5 hours ago Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment · 6 hours ago India’s 500 GW clean energy goal could create 44 lakh jobs, says study · 6 hours ago India's economy shows resilience amid geopolitical uncertainty, says RBI deputy governor · 7 hours ago Grid stability, large-scale integration of renewable energy discussed in Parl panel meet · 8 hours ago Sebi bans Rajesh Exports' CMD for fin irregularities · 2 hours ago RBI rejects bids for treasury bills, move signals lower rates · 2 hours ago Interest in India strong despite volatility: Bank of America chief · 2 hours ago Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check · 2 hours ago Exporters keep tabs on USTR probe, trade talks · 2 hours ago Tech stocks slide on AI fears, oil gives Dalal Street a headache · 2 hours ago BHEL secures order worth over Rs 2,000 crore from Nigerian firm · 5 hours ago District economy data: Govt issues uniform framework for district GDP estimates with 2022-23 base year · 5 hours ago Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment · 6 hours ago India’s 500 GW clean energy goal could create 44 lakh jobs, says study · 6 hours ago India's economy shows resilience amid geopolitical uncertainty, says RBI deputy governor · 7 hours ago Grid stability, large-scale integration of renewable energy discussed in Parl panel meet · 8 hours ago
Thursday, 4 Jun 2026 · IST
Newsletter RSS Sign in Register
ProfitGuruOnline
Advertisement

JM Ultra Short Duration Fund - Bonus Option - Principal Units

Latest NAV
₹26.9500
As of
25 Sep 2020
1,803 NAV records on file
Category
Ultra Short Duration Fund
Plan type
Dividend
Structure
Close-ended
AMFI Scheme Code
122317
ISIN (Growth)
INF192K01FB2
ISIN (Dividend)
—

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
No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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 +0.01% +0.01% 0.00 25 / 41 Q3
1W +0.05% +0.13% -0.08 30 / 41 Q3
2W +0.11% +0.13% -0.02 18 / 40 Q2
1M +0.23% +0.20% +0.03 14 / 40 Q2
3M +4.50% +0.76% +3.74 2 / 41 Q1
6M +5.93% +1.24% +4.69 2 / 41 Q1
YTD +6.95% +1.17% +5.78 1 / 41 Q1
1Y +5.30% -6.85% +12.15 12 / 45 Q2
2Y +3.38% -7.29% +10.67 13 / 43 Q2
3Y +4.22% +1.84% +2.38 11 / 36 Q2
4Y +4.93% +1.91% +3.02 9 / 31 Q2
5Y +5.84% +1.84% +4.00 7 / 30 Q1
7Y +6.78% +1.81% +4.97 1 / 30 Q1
10Y — — — — —
Inception +6.93% -7.05% +13.98 10 / 45 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
2020 YTD +6.95% -0.52% +7.47 2 / 35
2019 -2.20% +1.34% -3.54 30 / 35
2018 +6.63% +2.74% +3.89 8 / 27
2017 +6.30% +2.51% +3.79 9 / 26
2016 +9.51% +3.00% +6.51 1 / 18
2015 +8.99% +2.28% +6.71 1 / 4
2014 +8.89% +2.89% +6.00 1 / 4
2013 — — — —

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
+6.58%
79 windows
min -3.1% · max 10.0%
90% positive
3-Year rolling
+7.09%
55 windows
min 3.2% · max 9.5%
100% positive
Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.
5-Year rolling
+7.02%
31 windows
min 5.4% · max 8.5%
100% positive
Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.
7-Year rolling
+6.69%
6 windows
min 6.5% · max 7.0%
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
3.98%
3-year · annualised
Sharpe ratio
-0.57
vs risk-free 6.5%
Sortino ratio
-0.76
Downside-only deviation
Max drawdown
-5.69%
Jun 2019 → Oct 2019
% positive months
91.7%
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 Ultra Short Duration Fund

Scheme NAV
HDFC Ultra Short Term Fund - Daily IDCW Option ₹10.1030
NIPPON INDIA ULTRA SHORT DURATION FUND - DAILY IDCW OPTION ₹1,114.1500
MAGNUM INSTA CASH FUND - DAILY DIVIDEND ₹2,371.0627
ICICI Prudential Ultra Short Term Fund - Daily IDCW ₹10.0696
Franklin India Ultra Short Duration Fund - IDCW ₹10.6803
Kotak Floater Long-Term-Growth ₹45.1033
UTI - FLOATING RATE STP - INSTN GROWTH OPTION ₹3,193.4301
PGIM India Ultra Short Duration Fund - Daily Dividend ₹10.0203
Birla Sun Life Savings Fund - Discipline Advantage Plan ₹330.9646
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) - Income Distribution CUM Capital Withdrawal Option (IDCW) ₹1,066.5205

Recent NAVs

Date NAV
25 Sep 2020 ₹26.9500
24 Sep 2020 ₹26.9479
23 Sep 2020 ₹26.9459
22 Sep 2020 ₹26.9463
21 Sep 2020 ₹26.9437
18 Sep 2020 ₹26.9368
17 Sep 2020 ₹26.9342
16 Sep 2020 ₹26.9319
15 Sep 2020 ₹26.9260
14 Sep 2020 ₹26.9264

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 25 Sep 2020, the NAV of JM Ultra Short Duration Fund - Bonus Option - Principal Units is ₹26.9500. It's a Ultra Short Duration Fund from the fund house, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.
JM Ultra Short Duration Fund - Bonus Option - Principal Units has NAV history starting from 08 Apr 2013, a track record of about 13 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 Ultra Short Duration Fund - Bonus Option - Principal Units is managed by the fund house. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, JM Ultra Short Duration Fund - Bonus Option - Principal Units has delivered a absolute return of 5.30% — +12.15 pp ahead of the Ultra Short Duration Fund category average of -6.85%. The fund ranks #12 of 45 in its category — the second (Q2) quartile.
Over the trailing 3-year window, JM Ultra Short Duration Fund - Bonus Option - Principal Units has delivered a CAGR of 4.22% — +2.38 pp ahead of the Ultra Short Duration Fund category average of 1.84%. The fund ranks #11 of 36 in its category — the second (Q2) quartile.
Over the trailing 5-year window, JM Ultra Short Duration Fund - Bonus Option - Principal Units has delivered a CAGR of 5.84% — +4 pp ahead of the Ultra Short Duration Fund category average of 1.84%. The fund ranks #7 of 30 in its category — the top (Q1) quartile.
₹1 lakh invested in JM Ultra Short Duration Fund - Bonus Option - Principal Units exactly 5 years ago would be worth approximately ₹132,832 today — a multiplier of 1.33×, based on the 5-year CAGR of 5.84%. The category average over the same window would have grown ₹1 lakh to ₹109,536.
A ₹10,000 monthly SIP in JM Ultra Short Duration Fund - Bonus Option - Principal Units over the last 5 years — total invested ₹600,000 — would be worth ₹678,128 today. That's an XIRR (money-weighted annualised return) of 4.83%.
JM Ultra Short Duration Fund - 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 ₹1,027,657 — XIRR 5.67%.
On a 5-year basis, JM Ultra Short Duration Fund - Bonus Option - Principal Units ranks #7 out of 30 funds in the Ultra Short Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 1.84%; this fund delivered 5.84%.
The worst peak-to-trough decline JM Ultra Short Duration Fund - Bonus Option - Principal Units has experienced over the last 5-year window is 5.69% — its NAV fell from a high on 03 Jun 2019 to a low on 29 Oct 2019. 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 Ultra Short Duration Fund - Bonus Option - Principal Units averaged 7.02% (best 8.52%, worst 5.38%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.23 — negative risk-adjusted performance.
In calendar year 2019, JM Ultra Short Duration Fund - Bonus Option - Principal Units returned -2.20% — lagging the Ultra Short Duration Fund category average of 1.34% by 3.54 pp. It ranked #30 of 35 in its category that year.
JM Ultra Short Duration Fund - 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 Ultra Short Duration Fund - 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: 5.7%. 5-year CAGR: 5.84%.

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

More from this fund house