JM Low Duration Fund
The scheme seeks to generate stable long term returns with low risk strategy and capital appreciation/accretion besides preservation of capital through investments in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.
Growthvine rating: 2/5 — ranked #26 of 33 in category.
Fund basics
| Category | Debt: Low Duration |
|---|---|
| NAV | ₹39.57 (as of 2026-08-21) |
| AUM | ₹217 Cr |
| Expense ratio | 0.76% |
| Riskometer | Low to Moderate |
| Fund manager | Killol Pandya |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.96% |
|---|---|
| Sharpe ratio | 1.4 |
| Standard deviation | 0.62% |
| Max drawdown | -15.04% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 91.6% of NIFTY Low Duration Debt Index's upside and 24.9% 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) | 3.6% | Q3 | #17 of 27 |
| 2025 | 7.2% | Q3 | #12 of 22 |
| 2024 | 7.4% | Q3 | #12 of 20 |
| 2023 | 6.6% | Q4 (Bottom) | #18 of 20 |
| 2022 | 4.1% | Q2 | #9 of 17 |