Sharpe ratio
0.61Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+2.98%1Y Absolute Return
-0.13%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| JM Dynamic Bond Fund - (Direct) - Growth OptionFund 5Y annualised return | ₹8,46,888 | ₹7,32,612 | ₹1,14,276 | +6.02% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age13.9 yrs
Fund information
Scheme code120435
ISININF192K01DD3
BenchmarkCRISIL Dynamic Bond A-III Index
CategoryDebt Scheme - Dynamic Bond
Expense ratio0.43%
Exit loadNil
Minimum SIP₹100 SIP
Return comparison
53rd / 160 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +9.19% | — | — |
| 3M | +0.31% | — | — |
| 6M | +5.07% | — | — |
| 1Y | +2.98% | — | +1.66% |
| 3Y | +6.65% | — | +3.62% |
| 5Y | +6.02% | — | +3.39% |
| 10Y | +6.54% | — | — |
| Since Launch | +7.27% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
1.12Return earned while limiting downside risk.
Good
Good downside protection with strong returns.
Standard deviation
1.57%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
2.42How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt94.23%
Cash5.77%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 18 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 | Entities | GOI Securities | 13.2928% |
| REC LIMITED SERIES 192 7.50 BD 28FB30 FVRS10LAC | Financial | Debenture | 8.5211% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC | Financial | Bonds | 7.5235% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.04 BD 09FB29 FVRS1LAC | Financial | Bonds | 7.4544% |
| GOVERNMENT OF INDIA 36232 GOI 21JL30 6.01 FV RS 100 | Entities | GOI Securities | 7.4026% |
| PUNJAB NATIONAL BANK CD 04MAR27 | Financial | Certificate of Deposit | 7.1598% |
| HDFC BANK LIMITED CD 05MAR27 | Financial | Certificate of Deposit | 7.1556% |
| BAJAJ FINANCE LIMITED SR 286 TR 12 7.90 LOA 13AP28 FVRS10LAC | Financial | Bonds/NCDs | 5.6398% |
| MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED SR AB2026 7.90 NCD 21FB28 FVRS1LAC | Financial | Debenture | 5.6359% |
| BAJAJ HOUSING FINANCE LIMITED 7.08 NCD 12JU30 FVRS1LAC | Financial | Debenture | 5.5192% |
Fund management
KI
Killol Pandya
Since 2024 · Prior to joining JM Financial Asset Management Limited he has worked with Barclays Securities India Private Ltd,Peerless Funds Management Co. Limited, LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.
Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research.
RU
Ruchi Fozdar
Since 2024 · Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund
Ms. Ruchi is a graduate in science and PGDBM in finance
JA
Jayant Dhoot
Since 2025 · Prior to joining the JM MF, he was worked with Taurus Corporate Advisory Services Pvt Ltd, Nuvama Wealth & Investment Ltd, NVS Brokerage Pvt. Ltd.
Chartered Accountant, Company Secretary, B.Com
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Summary
A moderate-risk debt scheme - dynamic bond fund. Losses and swings stayed contained — worst fall -3.0%, volatility 1.6%. Top 10 holdings make up 75% — a handful of stocks can swing returns sharply.
Strengths
- Losses and swings stayed contained — worst fall -3.0%, volatility 1.6%.
- Recovered from its worst fall in 1 months.
Weaknesses
- Top 10 holdings make up 75% — a handful of stocks can swing returns sharply.
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its moderate risk level.
Risk drivers
- Top 10 holdings = 75% of the portfolio.
- Financial makes up 69% — trouble in that sector hits the whole fund.