JM Liquid Fund
The scheme seeks to provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in Debt and money market securities with maturity of upto 91 days only.
Growthvine rating: 2/5 — ranked #30 of 41 in category.
Fund basics
| Category | Debt: Liquid |
|---|---|
| NAV | ₹76.30 (as of 2026-08-22) |
| AUM | ₹2,849 Cr |
| Expense ratio | 0.22% |
| Riskometer | Low to Moderate |
| Fund manager | Killol Pandya |
| Exit load | Exit 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. |
Performance & risk
| 5-year annualised return | 6.12% |
|---|---|
| Sharpe ratio | 4.26 |
| Standard deviation | 0.20% |
| Max drawdown | -0.18% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 96.8% of NIFTY Liquid Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.1% | Q3 | #28 of 41 |
| 2025 | 6.4% | Q3 | #26 of 37 |
| 2024 | 7.2% | Q4 (Bottom) | #28 of 36 |
| 2023 | 7.0% | Q2 | #10 of 35 |
| 2022 | 4.8% | Q2 | #16 of 34 |