Markets / Mutual funds / Ultra Short Duration

JM Ultra Short to Short Term Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

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

Ultra Short DurationDirect · IDCWRisk: Low to Moderate

NAV · 6 Nov 2026

₹10.8500 ▲ 0.00%

JM Financial Mutual Fund

Fund size₹223 crJuly - September 2026

1-month range₹10.84 – 10.85

1 year0.00%

Expense ratio0.41%direct plan, a year

5 years0.00%a year

What the fund does

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,Investors are required to read all the scheme related information set out in the offer documents carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.

BenchmarkCRISIL Low Duration Debt A-I Index

Launched27 Sept 2006

Fund houseJM Financial Mutual Fund

Fund managersKillol Pandyasince 5 Nov 2024Ruchi Fozdarsince 3 Apr 2024Jayant Dhootsince 1 Aug 2025

NAV history

Returns

1 week

0.00%avg 0.2%

1 month

0.00%avg 0.4%

3 months

0.00%avg 1.1%

6 months

0.00%avg 3.0%

This year

0.00%avg 4.9%

1 year

0.00%avg 5.8%

3 years (a year)

0.00%avg 7.1%

5 years (a year)

0.00%avg 6.5%

Bars: this plan; the thin mark is the Ultra Short Duration 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
2024												+0.0
2025	+0.0	+0.0	+0.0	-0.0	+0.0	+0.0	+0.0	-0.0	+0.0	+0.0	+0.0	+0.0
2026	+0.0	+0.0	+0.0	-0.1	+0.0	+0.0	+0.0	+0.0	+0.0	+0.0	+0.0

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

Holdings3436 lines in all

Top 10 holdings51.0%of the fund

Debt55.8%bonds, government securities

Money market40.9%CDs, CPs, treasury bills

Where the money is

Equity 0.3%Debt 55.8%Money market 40.9%Cash & others 3.0%

Credit quality (debt and money market)

A1+

34.7%

AAA

33.6%

AA+

16.9%

Sovereign

6.2%

5.3%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Debt	55.8%	56.3%	-0.57
Money market	40.9%	40.9%	+0.04
Cash & others	3.0%	2.4%	+0.56

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 1

Holding	Sector / type	% of fund
Corporate Debt Market Development Fund - Class A2 Units INF0RQ622028	–	0.31%

Bonds, money market and cash 35

Holding	Sector / type	% of fund
Canara Bank 29-JAN-2027**# INE476A16G36	CRISIL A1+	8.29%
Indian Bank 05-FEB-2027**# INE562A16QI8	CRISIL A1+	7.45%
Punjab National Bank 04-MAR-2027**# INE160A16UM5	CARE A1+	7.00%
Union Bank of India 16-MAR-2027# INE692A16LS3	ICRA A1+	6.99%
7.23% Power Finance Corporation Limited 05-JAN-2027** INE134E08IO0	CRISIL AAA	4.66%
8.75% Piramal Finance Ltd 29-OCT-2027** INE202B07JW4	ICRA AA+	4.24%
8.4% Godrej Industries Ltd 27-AUG-2027** INE233A08113	CRISIL AA+	4.24%
9.61% 360 ONE Prime Limited 18-JAN-2027** INE248U07EW8	CARE AA	3.16%
HDFC Bank Limited 05-MAR-2027# INE040A16IU7	CRISIL A1+	2.88%
Net Receivable/Payable	–	2.42%
7.54% REC Limited 30-DEC-2026** INE020B08AC9	CARE AAA	2.12%
7.79% SIDBI 14-MAY-2027 INE556F08KM1	CARE AAA	2.12%
8.4% Cholamandalam Invest & Finance Co Ltd 09-AUG-2028** INE121A07RE9	CARE AA+	2.12%
7.95% LIC Housing Finance Limited 29-JAN-2028** INE115A07MW4	CRISIL AAA	2.12%
7.83% SIDBI 24-NOV-2028** INE556F08KL3	CRISIL AAA	2.12%
8.35% Tata Projects Ltd. 22-JUL-2027** INE725H08204	CRISIL AA	2.11%
7.74% LIC Housing Finance Limited 11-FEB-2028** INE115A07QW5	CRISIL AAA	2.11%
6.65% LIC Housing Finance Limited 15-FEB-2027** INE115A07PR7	CARE AAA	2.11%
8.6% Muthoot Finance Limited 02-MAR-2028** INE414G07JM5	CRISIL AA+	2.11%
7.9% Mahindra & Mahindra Financial Serv Ltd. 21-FEB-2028** INE774D07VO0	CARE AAA	2.11%
7.53% NABARD 24-MAR-2028 INE261F08EM1	ICRA AAA	2.11%
7.44% NABARD 24-FEB-2028 INE261F08EK5	CRISIL AAA	2.11%
8.1% Godrej Industries Ltd 22-MAY-2028** INE233A08154	CRISIL AA+	2.11%
8.05% Muthoot Finance Limited 25-NOV-2027 INE414G07JQ6	CRISIL AA+	2.10%
364 Days Treasury Bill 17-Dec-2026 IN002025Z385	SOVEREIGN	2.09%
182 Days Treasury Bill 21-Jan-2027 IN002026Y162	SOVEREIGN	2.08%
7.04% SIDBI 09-FEB-2029** INE556F08LB2	CRISIL AAA	2.08%
Tata Housing Development Company Ltd. 15-JAN-2027** INE582L14JH5	CARE A1+	2.08%
364 Days Treasury Bill 19-Mar-2027 IN002025Z500	SOVEREIGN	2.06%
7.85% Power Finance Corporation Limited 03-APR-2028** INE134E08JP5	ICRA AAA	1.70%
7.7% NABARD 30-SEP-2027 INE261F08EI9	ICRA AAA	1.70%
7.25% Bajaj Housing Finance Ltd 22-JAN-2029** INE377Y07623	CRISIL AAA	1.66%
7.7% LIC Housing Finance Limited 16-MAY-2028** INE115A07QJ2	CARE AAA	1.48%
7.33% Indian Railway Finance Corporation Ltd 27-AUG-2027** INE053F07AC3	CRISIL AAA	1.27%
The Clearing Corporation of India Ltd. 01-OCT-2026	–	0.57%

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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

Volatility0.3%yearly, from daily NAVs

Worst fall-14.95%29 Jun 2018 → 31 Oct 2019

RiskometerLow to ModerateLow to Moderate

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 31 May 2018).

Fund details

Fund size (average AUM, July - September 2026)	₹223 cr across all plans · this plan ₹0.98 cr
Fund house	JM Financial Mutual Fund
Category	Debt · Ultra Short Duration
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 0.41% · Regular 0.84% (6 Nov 2026)
Minimum investment	₹1,000 · additional ₹100
Scheme code (AMFI)	143604
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	₹41.3119	+5.89%
Direct · IDCW	₹11.1356	+0.10%
Direct · IDCW	₹24.8738	+5.89%
Direct · IDCW	₹11.4661	+0.10%
Regular · Growth	₹39.9574	+5.38%
Regular · IDCW	₹10.8200	0.00%
Regular · IDCW	₹11.0952	+0.10%
Regular · IDCW	₹11.4257	+0.10%
Regular · IDCW	₹24.0734	+5.38%

Top Ultra Short Duration funds (direct plans)

Fund	1 year	3 years (a year)
HSBC Ultra Short to Short Term Fund	+6.00%	+7.76%
Nippon India Ultra Short Term Fund	+6.87%	+7.55%
Aditya Birla Sun Life Ultra Short Term Fund	+6.44%	+7.45%
Nippon India Ultra Short to Short Term Fund	+6.13%	+7.41%
Kotak Ultra Short to Short Term Fund	+5.85%	+7.39%
ICICI Prudential Ultra Short to Short Term Fund	+6.04%	+7.38%
Mahindra Manulife Ultra Short to Short Term Fund	+6.08%	+7.38%
ICICI Prudential Ultra Short term Fund	+6.46%	+7.36%

All Ultra Short Duration funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of JM Ultra Short to Short Term Fund - Direct Plan - IDCW today?

₹10.8500 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of JM Ultra Short to Short Term Fund - Direct Plan - IDCW?

1 year: 0.00%, 3 years: 0.00% a year, 5 years: 0.00% a year

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.