JM Short Term Fund..

· · Short Duration · Scheme code 115103

NAV₹14.0738as on 25 Sep 2020

Fund houseJM Financial Mutual Fund

CategoryShort Duration

Plan & optionRegular ·

History9.5 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.63	3.48	6.29	4.13	3.41	5.33	4.96	—	3.67
Short Duration category median	—	—	—	4.80	6.58	5.98	—	6.79	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	2.7%	-1.15	-1.34	—	—	-7.7%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
409	-4.8%	4.5%	11.2%	13%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

JM Short Term Fund..

·

Allocation

By asset

Debt	88.09%
Cash & Equivalents	11.44%
AIF Units	0.48%

By market cap

Concentration

Number of stocks	18
Top 5 stocks	42.84%
Top 10 stocks	69.17%
Top 20 stocks	88.56%
Lines in the filing	20

Largest holding	17.32%
Largest sector	CRISIL AAA 26.92%
Effective stocks	15.1
Sectors held	7
Cash	11.44%

Effective stocks is what the concentration works out to: a fund holding 18 names but most of its money in a few behaves like a fund of 15. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL AAA	26.92%
ICRA AAA	17.81%
SOVEREIGN	17.32%
CARE AAA	15.32%
Cash & Equivalents	11.44%
CRISIL A1+	7.11%
CARE A1+	3.61%
Unclassified	0.48%

JM Short Term Fund..

· · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	6.36% GOI 16-Feb-2031	SOVEREIGN	1,425,000	14	17.32%
2	CCIL	Unclassified	7,292	7	8.94%
3	HDFC Bank Limited 05-MAR-2027	CRISIL A1+	600,000	6	7.11%
4	7.8% NABARD 15-MAR-2027	ICRA AAA	500,000	5	6.14%
5	7.68% SIDBI 09-JUL-2027	CRISIL AAA	500,000	5	6.14%
6	7.85% Bajaj Housing Finance Ltd 01-SEP-2028	CRISIL AAA	500,000	5	6.13%
7	7.9611% HDB Financial Services Limited 05-JAN-2028	CARE AAA	500,000	5	6.12%
8	7.9% Mahindra & Mahindra Financial Serv Ltd. 21-FEB-2028	CARE AAA	500,000	5	6.12%
9	7.58% REC Limited 31-MAY-2029	ICRA AAA	500,000	5	6.12%
10	7.85% Power Finance Corporation Limited 03-APR-2028	ICRA AAA	350,000	4	4.32%
11	7.4% Power Finance Corporation Limited 08-MAY-2030	CRISIL AAA	300,000	3	3.65%
12	Bank of Baroda 11-DEC-2026	CARE A1+	300,000	3	3.61%
13	8.12% L&T Finance Limited 29-JUN-2029	CARE AAA	250,000	3	3.07%
14	7.27% Indian Railway Finance Corporation Ltd 15-JUN-2027	CRISIL AAA	250,000	3	3.06%
15	7.645% LIC Housing Finance Limited 21-FEB-2030	CRISIL AAA	250,000	2	3.05%
16	Net Receivable/Payable	Unclassified	—	2	2.50%
17	7.33% Indian Railway Finance Corporation Ltd 27-AUG-2027	CRISIL AAA	200,000	2	2.45%
18	7.9% Bajaj Finance Limited 13-APR-2028	CRISIL AAA	200,000	2	2.45%
19	7.7% NABARD 30-SEP-2027	ICRA AAA	100,000	1	1.23%
20	Corporate Debt Market Development Fund - Class A2 Units	Unclassified	325	0	0.48%

JM Short Term Fund..

· · where the money sits

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹668,379	₹68,379	4.27%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 26 Sep 2026.