Markets / Mutual funds / Multi Asset Allocation

JM Multi Asset Allocation Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

JM Financial Mutual Fund · Hybrid fund · Direct plan · IDCW

Multi Asset AllocationDirect · IDCWRisk: Very High

NAV · 6 Nov 2026

₹10.1006 ▼ 0.50%

JM Financial Mutual Fund

Fund size₹134 crJuly - September 2026

1-month range₹9.59 – 10.15

1 year–

Expense ratio0.92%direct plan, a year

5 years–a year

What the fund does

To provide long term capital appreciation and generate income by investing in instruments across multiple asset classes viz. Equity, Debt, Gold/silver related instruments and other exchange traded commodity derivatives. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.

BenchmarkComposite of Nifty 500 (55%)+CRISIL Short term bond Index (30%)+Domestic Price of Gold (10%)+Domestic Price of silver (5%)

Launched15 Jul 2026

Fund houseJM Financial Mutual Fund

Fund managersAsit Bhandarkarsince 15 Jul 2026Deepak Guptasince 15 Jul 2026Killol Pandyasince 15 Jul 2026Satish Ramanathan (Advisor)since 15 Jul 2026

NAV history

Returns

1 week

+3.63%avg 3.8%

1 month

-0.38%avg 1.9%

3 months

-2.39%avg -1.3%

Bars: this plan; the thin mark is the Multi Asset Allocation average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026							+1.1	+3.2	-3.3	-3.2	+3.6

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held3755 lines in all

Top 10 stocks24.1%of the fund

Equity57.1%stocks and equity derivatives

Debt & cash42.9%everything else

Where the money is

Equity 57.1%Debt 18.3%Money market 10.6%Cash & others 14.0%

Sectors (stocks held)

Other

7.7%

Banks

6.1%

Electrical Equipment

3.8%

Auto Components

3.7%

Finance

3.3%

Capital Markets

3.2%

Consumer Durables

3.1%

Retailing

3.0%

Credit quality (debt and money market)

Sovereign

13.5%

AAA

5.9%

A1+

5.9%

AA+

3.0%

0.6%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	57.1%	53.0%	+4.06
Debt	18.3%	19.0%	-0.65
Money market	10.6%	8.0%	+2.62
Cash & others	14.0%	20.0%	-6.02
Top 10 stocks	24.1%	23.3%	+0.81
Number of stocks	37	34	+3

New stocks 4

Tata Gold Exchange Traded Fund6.84%
Rentomojo Limited1.89%
GRAPHITE INDIA LTD1.37%
Brookfield India Real Estate Trust0.88%

Stocks sold off 1

Coforge Limitedwas 2.42%

Bought more 4

VOLTAMP TRANSFORMERS LTD+0.41
Tatva Chintan Pharma Chem Limited+0.30
GRAVITA INDIA LIMITED+0.29
Endurance Technologies Limited+0.26

Cut back 7

Manipal Health Enterprises Limited-2.26
Amber Enterprises India Limited-0.33
Premier Energies Limited-0.33
Bajaj Finance Limited-0.29
Shriram Finance Limited-0.26
Eicher Motors Limited-0.25
Titan Company Limited-0.25

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 37

Holding	Sector / type	% of fund
Tata Gold Exchange Traded Fund INF277KA1976	–	6.84%
Ujjivan Small Finance Bank Limited INE551W01018	Banks	2.35%
One 97 Communications Limited INE982J01020	Financial Technology (Fintech)	2.07%
HDFC Bank Limited INE040A01034	Banks	1.91%
Larsen & Toubro Limited INE018A01030	Construction	1.89%
Rentomojo Limited INE08T701025	Commercial Services & Supplies	1.89%
IDFC First Bank Limited INE092T01019	Banks	1.86%
Bajaj Finance Limited INE296A01032	Finance	1.84%
Manipal Health Enterprises Limited INE459N01021	Healthcare Services	1.80%
Adani Port & Special Economic Zone Ltd INE742F01042	Transport Infrastructure	1.68%
Amber Enterprises India Limited INE371P01015	Consumer Durables	1.67%
Eternal Limited INE758T01015	Retailing	1.63%
Eicher Motors Limited INE066A01021	Automobiles	1.51%
Titan Company Limited INE280A01028	Consumer Durables	1.47%
Diamond Power Infrastructure Limited INE989C01038	Electrical Equipment	1.46%
Shriram Finance Limited INE721A01047	Finance	1.42%
Samvardhana Motherson International Ltd INE775A01035	Auto Components	1.41%
GRAPHITE INDIA LTD INE371A01025	Industrial Products	1.37%
Aditya Vision Ltd INE679V01027	Retailing	1.34%
Premier Energies Limited INE0BS701011	Electrical Equipment	1.33%
One Source Specialty Pharma Ltd INE013P01021	Pharmaceuticals & Biotechnology	1.33%
Honasa Consumer Limited INE0J5401028	Personal Products	1.32%
Endurance Technologies Limited INE913H01037	Auto Components	1.16%
Billionbrains Garage Ventures Ltd. INE0HOQ01053	Capital Markets	1.14%
CEAT Limited INE482A01020	Auto Components	1.11%
InterGlobe Aviation Limited INE646L01027	Transport Services	1.10%
GRAVITA INDIA LIMITED INE024L01027	Minerals & Mining	1.08%
Navin Fluorine International Limited INE048G01026	Chemicals & Petrochemicals	1.07%
The Indian Hotels Company Limited INE053A01029	Leisure Services	1.07%
Horizon Industrial Parks Limited INE685T01010	Realty	1.05%
Gaja Alternative AMC Limited INE18UN01038	Capital Markets	1.05%
VOLTAMP TRANSFORMERS LTD INE540H01012	Electrical Equipment	1.03%
Nippon Life India Asset Management Ltd INE298J01013	Capital Markets	1.02%
JSW Energy Limited INE121E01018	Power	1.02%
Linde India Limited INE473A01011	Chemicals & Petrochemicals	0.96%
Tatva Chintan Pharma Chem Limited INE0GK401011	Chemicals & Petrochemicals	0.93%
Brookfield India Real Estate Trust INE0FDU25010	–	0.88%

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Debt, money market and cash 18

Holding	Sector / type	% of fund
DSP Mutual Fund - DSP Gold ETF INF740KA1ZP2	–	4.35%
The Clearing Corporation of India Ltd. 01-OCT-2026	–	3.71%
8.75% Piramal Finance Ltd 29-OCT-2027** INE202B07JW4	ICRA AA+	2.99%
7.23% Power Finance Corporation Limited 05-JAN-2027** INE134E08IO0	CRISIL AAA	2.99%
Bank of Baroda 11-DEC-2026**# INE028A16KT0	CARE A1+	2.96%
Axis Bank Limited 16-DEC-2026**# INE238AD6CA3	CRISIL A1+	2.95%
182 Days Treasury Bill 14-Jan-2027 IN002026Y154	SOVEREIGN	2.94%
6.94% GOI 11-May-2036 IN0020260025	SOVEREIGN	2.94%
6.36% GOI 16-Feb-2031 IN0020250141	SOVEREIGN	2.93%
6.85% NABARD 19-JAN-2029 INE261F08EQ2	ICRA AAA	2.93%
6.68% GOI 27-Jan-2033 IN0020250133	SOVEREIGN	2.92%
182 Days Treasury Bill 05-Nov-2026 IN002026Y055	SOVEREIGN	1.79%
Zerodha Gold ETF INF0R8F01042	–	1.66%
Aditya Birla Sun Life Silver ETF INF209KB19F6	–	1.57%
DSP Mutual Fund - DSP Silver ETF INF740KA1ZQ0	–	1.07%
Net Receivable/Payable	–	0.89%
Embassy Office Parks REIT INE041025011	–	0.73%
9.61% 360 ONE Prime Limited 18-JAN-2027** INE248U07EW8	CARE AA	0.60%

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From the fund house's monthly portfolio (jmfinancialmf.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility10.3%yearly, from daily NAVs

Worst fall-8.84%26 Aug 2026 → 23 Oct 2026

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 20 Jul 2026).

Fund details

Fund size (average AUM, July - September 2026)	₹134 cr across all plans · this plan ₹0.03 cr
Fund house	JM Financial Mutual Fund
Category	Hybrid · Multi Asset Allocation
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 0.92% · Regular 2.60% (6 Nov 2026)
Exit load	In respect of each purchase/ switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 60 days from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 60 days from the date of allotment.
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	154421
ISIN	INF192K01NS0
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹10.1006	–
Regular · Growth	₹10.0466	–
Regular · IDCW	₹10.0466	–

Top Multi Asset Allocation funds (direct plans)

Fund	1 year	3 years (a year)
Quant Multi Asset Allocation Fund	+11.66%	+21.88%
Nippon India Multi Asset Allocation Fund	+7.26%	+18.50%
DSP Multi Asset Allocation Fund	+8.82%	+18.26%
Kotak Multi Asset Allocation Fund	+9.01%	+17.24%
Aditya Birla Sun Life Multi Asset Allocation Fund	+9.73%	+16.90%
WhiteOak Capital Multi Asset Allocation Fund	+8.93%	+16.71%
Baroda BNP Paribas Multi Asset Fund	+6.11%	+15.22%
UTI Multi Asset Allocation Fund	+2.82%	+15.06%

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Information only, not investment advice.

What is the NAV of JM Multi Asset Allocation Fund - Direct Plan - IDCW today?

₹10.1006 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of JM Multi Asset Allocation Fund - Direct Plan - IDCW?

Returns appear once enough NAV history is available.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.