Key metrics
Latest NAV
₹77.45
Day change
0.01%
Volatility
0.2%
Sharpe
-0.50
Max drawdown
-0.1%
Expense ratio
0.14%
AUM
₹2,528 Cr
Category rank
13 / 16
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.16% | 0.56% | 1.72% | 3.42% | 6.42% | 6.90% | 6.30% | 5.65% | 6.10% |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
JM Liquid Fund is a liquid/money-market debt fund offered by JM Financial Mutual Fund, classified under Debt as Income/Debt Oriented Schemes - Liquid Fund. These funds are generally among the lowest-volatility fund types. Its latest NAV is ₹77.45, with assets under management of about ₹2,528 Cr (April - June 2026).
Performance analysis
Over the trailing one year, JM Liquid Fund has recorded a return of about 6.4%, with a three-year return of 6.9% and a five-year return of 6.3%. Its annualised volatility is 0.2% — relatively low fluctuations — and its Sharpe ratio is -0.50, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.14%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 6.05 | 6.76 | 3.25 | 7.71 | 100% | 0% |
| 3Y | 5.82 | 6.01 | 4.02 | 7.26 | 100% | 0% |
| 5Y | 5.52 | 5.38 | 5.20 | 6.30 | 100% | 0% |
| 7Y | 5.77 | 5.78 | 5.63 | 5.86 | 100% | 0% |
| 10Y | 6.11 | 6.10 | 6.10 | 6.12 | 100% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does JM Liquid Fund invest in?
It invests primarily in very short-term money-market instruments.
How is this fund classified?
It is a Income/Debt Oriented Schemes - Liquid Fund fund in the Debt group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.14% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Income/Debt Oriented Schemes - Liquid Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Invesco India Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.57 | 1.75 | 3.49 | 6.52 | 6.97 | 6.33 | 6.10 | 0.13 |
| 360 ONE Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.57 | 1.66 | 3.35 | 6.34 | 6.78 | 6.17 | 5.75 | 0.20 |
| Mahindra Manulife Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.60 | 1.75 | 3.48 | 6.55 | 7.01 | 6.39 | 6.21 | 0.13 |
| WhiteOak Capital Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.59 | 1.73 | 3.46 | 6.47 | 6.88 | 6.17 | – | 0.12 |
| JioBlackRock Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.58 | 1.77 | 3.53 | 6.60 | – | – | – | 0.09 |
| Abakkus Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.54 | 1.65 | 3.16 | – | – | – | – | 0.19 |
| ASK Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | – | – | – | – | – | – | – | – |
| Canara Robeco Liquid Fund Income/Debt Oriented Schemes - Liquid Fund | 0.58 | 1.71 | 3.45 | 6.51 | 6.98 | 6.35 | 6.01 | 0.07 |
More funds from JM Financial
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| JM ELSS - Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | 0.17 | 11.17 | 16.68 | 10.44 | 16.66 | 14.90 | 16.12 | 0.93 |
| JM Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.58 | 2.10 | 3.42 | 6.47 | 7.33 | 6.48 | – | – |
| JM Overnight Fund Income/Debt Oriented Schemes - Overnight Fund | 0.40 | 1.24 | 2.50 | 5.11 | 5.98 | 5.63 | – | 0.07 |
| JM Short Term Fund Income/Debt Oriented Schemes - Short Term Fund | 0.33 | 2.02 | 2.89 | 5.72 | 7.25 | – | – | – |
| JM Mid Cap Fund Equity Scheme - Mid Cap Fund | 0.38 | 7.76 | 19.95 | 12.97 | 19.10 | – | – | 0.54 |
| JM Small Cap Fund Equity Scheme - Small Cap Fund | 2.01 | 11.30 | 31.62 | 20.80 | – | – | – | 0.60 |
| JM Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -0.52 | 8.76 | 11.62 | 7.58 | – | – | – | 0.66 |
| JM Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | -0.59 | – | – | – | – | – | – | 0.37 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.