MF Gyan
debtLow risk8 years old

JM Money Market Fund (Direct) Bonus Option - Principal Units

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From JM Financial Mutual Fund. It's been running since 25 May 2018.

Latest price per unit
₹15.9606
▲ 0.01% today
As of 25 Sep 2020 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.04 L
▲ ₹4.2k gain · 4.2% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹61.2k
Gain / loss+₹1.2k
XIRR (annualised)3.78%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹61.2k
Projected gain*+₹1.2k
*at this fund's historical rate of 3.78% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 86 other funds in Debt Scheme - Money Market Fund

Same plan
1-year return
4.20%median 0.56% (+3.64%)
Rank #31 of 87Beats 63% of peers
Bumpiness (3Y)
0.28%median 0.70% (-0.43%)
Rank #13 of 87Less risky than 86% of peers
Worst-ever drop
-0.04%median -1.23% (+1.19%)
Rank #86 of 87Less risky than 1% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 3 years were positive.

+5%
2018
+6%
2019
+3%
2020
Best year
2019 · 6.31%
Worst year
2020 · 2.89%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
0.3%

The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.04%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of JM Money Market Fund (Direct) Bonus Option - Principal Units against other debt funds.

Technical details (for the pros)
CAGR — 1 year4.20%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch5.97%
Volatility — 1 year (annualised)0.19%
Volatility — 3 years (annualised)0.28%
Max drawdown — 1 year-0.01%
Max drawdown — 3 years-0.04%
Sharpe ratio — 1 year (rf=6%)-9.13
Sharpe ratio — 3 years (rf=6%)0.06

Fund info

Fund house
JM Financial Mutual Fund
Category
Debt Scheme - Money Market Fund
Plan
Direct
Option
Bonus
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
143592
First price on record
25 May 2018 · 569 daily prices

About JM Money Market Fund (Direct) Bonus Option - Principal Units

JM Money Market Fund (Direct) Bonus Option - Principal Units is a Debt Scheme - Money Market Fund offered by JM Financial Mutual Fund under the Direct plan with the Bonus option. It has approximately 8 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of JM Money Market Fund (Direct) Bonus Option - Principal Units is ₹15.9606 (as of 25 Sep 2020). Historically, it has delivered 4.21% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.3% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.0%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of JM Money Market Fund (Direct) Bonus Option - Principal Units?+

The latest NAV of JM Money Market Fund (Direct) Bonus Option - Principal Units is ₹15.9606 as of 25 Sep 2020, up 0.01% from the previous day. NAV is updated once a business day after the market close.

What are the returns of JM Money Market Fund (Direct) Bonus Option - Principal Units?+

JM Money Market Fund (Direct) Bonus Option - Principal Units has delivered 1-year return 4.21%, since-inception CAGR 5.97%. Returns are historical and don't predict future performance — markets move in cycles.

What category does JM Money Market Fund (Direct) Bonus Option - Principal Units belong to?+

JM Money Market Fund (Direct) Bonus Option - Principal Units is categorised as Debt Scheme - Money Market Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is JM Money Market Fund (Direct) Bonus Option - Principal Units?+

Based on its 3-year annualised volatility of 0.3%, JM Money Market Fund (Direct) Bonus Option - Principal Units sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is JM Money Market Fund (Direct) Bonus Option - Principal Units a direct plan?+

JM Money Market Fund (Direct) Bonus Option - Principal Units is a Direct plan (no distributor commission — lower expense ratio) with the Bonus option.

How old is JM Money Market Fund (Direct) Bonus Option - Principal Units?+

JM Money Market Fund (Direct) Bonus Option - Principal Units has NAV history available from 25 May 2018 — approximately 8 years of track record and 569 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.