MF Gyan
debtLow risk8 years old

JM Money Market Fund (Direct) - Weekly Dividend

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
₹10.6743
▲ 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
₹1.00 L
▲ ₹20 gain · 0.0% / 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₹60.0k
Gain / loss-₹8
XIRR (annualised)-0.02%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹60.0k
Projected gain*+-₹8
*at this fund's historical rate of -0.02% 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
0.02%median 0.90% (-0.88%)
Rank #59 of 87Beats 29% of peers
Bumpiness (3Y)
0.87%median 0.57% (+0.29%)
Rank #49 of 87Less risky than 43% of peers
Worst-ever drop
-0.20%median -1.23% (+1.03%)
Rank #74 of 87Less risky than 15% 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.

+0%
2018
+0%
2019
+0%
2020
Best year
2018 · 0.07%
Worst year
2020 · 0.01%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
0.9%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.20%

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) - Weekly Dividend against other debt funds.

Technical details (for the pros)
CAGR — 1 year0.02%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch0.01%
Volatility — 1 year (annualised)0.60%
Volatility — 3 years (annualised)0.87%
Max drawdown — 1 year-0.13%
Max drawdown — 3 years-0.20%
Sharpe ratio — 1 year (rf=6%)-10.01
Sharpe ratio — 3 years (rf=6%)-6.93

Fund info

Fund house
JM Financial Mutual Fund
Category
Debt Scheme - Money Market Fund
Plan
Direct
Option
Dividend
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
143599
First price on record
25 May 2018 · 569 daily prices

About JM Money Market Fund (Direct) - Weekly Dividend

JM Money Market Fund (Direct) - Weekly Dividend is a Debt Scheme - Money Market Fund offered by JM Financial Mutual Fund under the Direct plan with the Dividend 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) - Weekly Dividend is ₹10.6743 (as of 25 Sep 2020). Historically, it has delivered 0.02% 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 0.9% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.2%. 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) - Weekly Dividend?+

The latest NAV of JM Money Market Fund (Direct) - Weekly Dividend is ₹10.6743 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) - Weekly Dividend?+

JM Money Market Fund (Direct) - Weekly Dividend has delivered 1-year return 0.02%, since-inception CAGR 0.01%. Returns are historical and don't predict future performance — markets move in cycles.

What category does JM Money Market Fund (Direct) - Weekly Dividend belong to?+

JM Money Market Fund (Direct) - Weekly Dividend 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) - Weekly Dividend?+

Based on its 3-year annualised volatility of 0.9%, JM Money Market Fund (Direct) - Weekly Dividend 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) - Weekly Dividend a direct plan?+

JM Money Market Fund (Direct) - Weekly Dividend is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is JM Money Market Fund (Direct) - Weekly Dividend?+

JM Money Market Fund (Direct) - Weekly Dividend 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.