October 22, 2026
mayank
JM Liquid Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 77.95 |
| Quarterly NAV IDCW (Rs.) | 44.25 |
| Weekly NAV IDCW (Rs.) | 11.00 |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 12 |
| Benchmark |
CRISIL Liquid Debt A-I Index
|
| AUM Rs. | 1,701 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.14% |
| 1 Year Return (%) | 6.39 |
| 3 Year Return (%) | 6.83 |
| 5 Year Return (%) | 6.35 |
| 10 Year Return (%) | 6.08 |
| Return Since Launch | 6.83% |
Suitable For Which Investors?
Liquid funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of up to 1 year
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The scheme seeks to provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in Debt and money market securities with maturity of upto 91 days only.
Fund Manager:
1) Killol Pandya
Education: Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research.
Experience: Prior to joining JM Financial Asset Management Limited he has worked with Barclays Securities India Private Ltd,Peerless Funds Management Co. Limited, LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.
2) Jayant Dhoot
Education: Chartered Accountant, Company Secretary, B.Com
Experience: Prior to joining the JM MF, he was worked with Taurus Corporate Advisory Services Pvt Ltd, Nuvama Wealth & Investment Ltd, NVS Brokerage Pvt. Ltd.
3) Ruchi Fozdar
Education: Ms. Ruchi is a graduate in science and PGDBM in finance
Experience: Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 5,000 |
| Lock-in Period | NA |
| Exit Load | Exit load of 0.0070% if redeemed within 1 day |
| 0.0065% if redeemed within 2 days | |
| 0.0060% if redeemed within 3 days | |
| 0.0055% if redeemed within 4 days | |
| 0.0050% if redeemed within 5 days | |
| 0.0045% if redeemed within 6 days. |
Basic Details of JM Liquid Fund
| Fund House | JM Financial Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.83% |
| Benchmark | CRISIL Liquid Debt A-I Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | 1,701 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.14% |
| (As on 30-Sep-2026) | |
| Risk Grade | Low |
| Return Grade | Below Average |
JM Liquid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| JM Liquid Dir | 5.16 | 0.02 | 0.47 | 1.53 | 3.13 | 6.39 | 6.83 | 6.35 | 5.64 | 6.08 |
| Debt: Liquid | 5.13 | 0.02 | 0.46 | 1.52 | 3.10 | 6.36 | 6.82 | 6.33 | 5.63 | 5.98 |
| Rank within category | 33 | 11 | 10 | 22 | 26 | 32 | 28 | 26 | 25 | 19 |
| Number of funds in category | 42 | 44 | 44 | 42 | 42 | 40 | 36 | 35 | 34 | 30 |
Peer Comparison of JM Liquid Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| JM Liquid Dir | 2 out of 5 stars | 6.39 | 6.83 | 6.35 | 0.14 | 1,701 | 6.83 | 0.01 (1) | 13Y 9M |
| ABSL Liquid Dir | 5 out of 5 stars | 6.55 | 6.97 | 6.46 | 0.18 | 61,167 | 6.89 | 0.01 (1) | 13Y 9M |
| Axis Liquid Dir | 5 out of 5 stars | 6.56 | 6.97 | 6.45 | 0.11 | 53,470 | 6.85 | 0.01 (1) | 13Y 9M |
| Nippon India Liquid Dir | 4 out of 5 stars | 6.53 | 6.95 | 6.42 | 0.17 | 40,490 | 6.86 | 0.01 (1) | 13Y 9M |
| Tata Liquid Dir | 4 out of 5 stars | 6.48 | 6.93 | 6.40 | 0.19 | 28,037 | 6.85 | 0.01 (1) | 13Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 27 | 70 |
| Macaulay Duration (yrs) | 0.11 | 0.10 |
| Average Maturity (yrs) | 0.11 | 0.10 |
| Yield to Maturity (%) | 6.12 | 6.10 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://investor.jmfinancialmf.com/jmfinvestor/
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance: https://sahifund.com/category/nfos/
Quicklinks