Sharpe ratio
-5.56Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.46%1Y Absolute Return
+0.03%1D
Loading NAV history…
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 Liquid Fund (Direct) - Growth OptionFund 5Y annualised return | ₹8,54,865 | ₹7,32,612 | ₹1,22,253 | +6.40% |
| 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 code120406
ISININF192K01CM6
BenchmarkCRISIL Liquid Debt A-I Index
CategoryDebt Scheme - Liquid Fund
Expense ratio0.16%
Exit loadExit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Minimum SIP₹100 SIP
Return comparison
59th / 360 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +6.80% | — | — |
| 3M | +6.26% | — | — |
| 6M | +6.61% | — | — |
| 1Y | +6.46% | — | -3.10% |
| 3Y | +6.83% | — | -0.91% |
| 5Y | +6.40% | — | -1.97% |
| 10Y | +6.08% | — | — |
| Since Launch | +6.83% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-21.12Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
0.16%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
38.61How 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%
Debt95.75%
Cash4.25%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 33 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Reverse Repo | Unspecified | Reverse Repo | 16.4317% |
| 91 Days Tbill (MD 17/09/2026) | Financial | Treasury Bills | 11.2442% |
| ICICI BANK LIMITED CD 31AUG26 | Financial | Certificate of Deposit | 5.6248% |
| HDB FINANCIAL SERVICES LIMITED SR A/1(FX)/169 OPT 3 6.35 NCD 11SP26FVRS10LAC | Financial | Debenture | 4.2551% |
| AXIS BANK LIMITED CD 10SEP26 | Financial | Certificate of Deposit | 4.2115% |
| ICICI Bank Limited (15/09/2026) | Financial | Certificate of Deposit | 4.2088% |
| GOVERNMENT OF INDIA 37477 091 DAYS TBILL 03SP26 FV RS 100 | Financial | Treasury Bills | 2.8166% |
| HDFC BANK LIMITED CD 24AUG26 | Financial | Certificate of Deposit | 2.8161% |
| AU SMALL FINANCE BANK LIMITED CD 28AUG26 | Financial | Certificate of Deposit | 2.8126% |
| RELIANCE RETAIL VENTURES LIMITED 91D CP 02SEP26 | Diversified | Commercial Paper | 2.8113% |
Fund management
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
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.
Compare similar funds
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Summary
A low to moderate-risk debt scheme - liquid fund. NAV has been stable for its category — worst fall -0.18% with 0.2% volatility.
Strengths
- NAV has been stable for its category — worst fall -0.18% with 0.2% volatility.
- Ranks 59 of 360 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None