October 22, 2026
mayank
JM Ultra Short to Short Term Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 41.20 |
| NAV Bonus (Rs.) | 24.80 |
| Fortnightly NAV IDCW (Rs.) | 11.12 |
| Weekly NAV IDCW (Rs) | 11.45 |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 12 |
| Benchmark |
CRISIL Low Duration Debt A-I Index
|
| AUM Rs. | 236 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.34% |
| 1 Year Return (%) | 5.86 |
| 3 Year Return (%) | 7.16 |
| 5 Year Return (%) | 6.48 |
| 10 Year Return (%) | 6.19 |
| Return Since Launch | 6.95% |
Suitable For Which Investors?
Ultra Short to Short Term funds are suitable for investors:
1. Looking to park money for short periods of up to one year
2. Looking to earn marginally higher returns than savings account
3. Who can withstand volatility and risk in their debt portfolio
Note:
• There is no guarantee of returns
• Not suitable for long term wealth creation
Fund’s Investment Strategy:
The scheme seeks 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.
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 | 0 |
Basic Details of JM Ultra Short to Short Term Fund
| Fund House | JM Financial Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.95% |
| Benchmark | CRISIL Low Duration Debt A-I Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | 236 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.34% |
| (As on 30-Sep-2026) | |
| Risk Grade | Average |
| Return Grade | Below Average |
JM Ultra Short to Short Term Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| JM Ultra Short to Short Term Dir | 4.69 | -0.04 | 0.20 | 1.28 | 2.88 | 5.86 | 7.16 | 6.48 | 8.12 | 6.19 |
| Debt: Ultra Short to Short Term | 4.68 | -0.06 | 0.17 | 1.25 | 2.86 | 5.86 | 7.19 | 6.55 | 6.34 | 6.23 |
| Rank within category | 15 | 4 | 7 | 11 | 14 | 17 | 14 | 16 | 1 | 17 |
| Number of funds in category | 26 | 31 | 31 | 31 | 30 | 26 | 20 | 20 | 20 | 19 |
Peer Comparison of JM Ultra Short to Short Term 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 Ultra Short to Short Term Dir | 3 out of 5 stars | 5.86 | 7.16 | 6.48 | 0.34 | 236 | 6.95 | — | 13Y 9M |
| ICICI Pru Ultra Short to Short Term Dir | 5 out of 5 stars | 5.96 | 7.31 | 6.62 | 0.36 | 18,781 | 7.69 | — | 13Y 9M |
| Kotak Ultra Short to Short Term Dir | 4 out of 5 stars | 5.87 | 7.36 | 6.69 | 0.35 | 12,566 | 7.82 | — | 13Y 9M |
| Nippon India Ultra Short to Short Term Dir | 4 out of 5 stars | 6.03 | 7.35 | 6.72 | 0.32 | 7,096 | 7.57 | — | 13Y 9M |
| Axis Ultra Short to Short Term Dir | 4 out of 5 stars | 6.01 | 7.35 | 6.68 | 0.30 | 4,563 | 7.60 | — | 13Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 33 | 64 |
| Macaulay Duration (yrs) | 0.78 | 0.82 |
| Average Maturity (yrs) | 0.82 | 0.96 |
| Yield to Maturity (%) | 7.37 | 7.42 |
| 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/
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