See the full analysis in the appOpen in app
Debt · Liquid

JM Liquid Fund

JM Financial Mutual Fund
Benchmark
CRISIL Liquid Debt A-I Index
Riskometer
Low to Moderate
Size
₹1,966 cr
Allotted
31 Dec 1997
Holdings as of
Not on record

JM Liquid Fund is a liquid fund of JM Financial Mutual Fund with ₹1,966 cr under management. It is ahead of its benchmark (CRISIL Liquid Debt A-I Index) in 4 of 4 periods. Its direct plan charges 0.16% a year. Killol Pandya has managed it for 1.9 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is JM Liquid Fund invested in?

Mix not on record

Has JM Liquid Fund beaten its benchmark?

Ahead of its benchmark, CRISIL Liquid Debt A-I Index, in 4 of 4 periods in AMFI's figures; +6.41% over the last year against +6.24%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month+0.61% −3.60% —
3 months+1.72% −5.03% —
6 months+3.50% −1.83% —
1 year+7.31% −4.06% +11.37 pts
3 years+6.51% +9.27% −2.76 pts
5 years+5.38% +8.00% −2.62 pts
10 years+6.42% +12.69% −6.27 pts
Since start
from 3 Jan 2013
+2.62%——
Valarth price history to 27 Jan 2025 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 14 Oct 2026
Ahead of its benchmark (CRISIL Liquid Debt A-I Index) in 4 of 4 periods.
PeriodDirectRegularBenchmarkAheadRank
1y +6.41%+6.30%+6.24% +0.17 🔒
3y +6.85%+6.74%+6.75% +0.10 🔒
5y +6.34%+6.24%+6.31% +0.03 🔒
10y +6.08%+5.99%+6.00% +0.08 🔒
Ahead in points a year · its rank among Liquid funds, and how steady the lead is, in the app

Value of 100, month-end

Jan 2015 to 27 Jan 2025
50100150200250300350400 201520172019202120232025
Fund 186Nifty 500 TRI 337

₹100 put in at the start of Jan 2015 would be ₹186 on 27 Jan 2025, against ₹337 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.
See them in the app →

What does JM Liquid Fund cost?

0.16% a year on the direct plan, 0.26% on the regular plan; 29 of 43 funds in its category charge less.

Direct plan
0.16% a year
Category median 0.13%
Regular plan
0.26% a year
Category median 0.25%
Gap
0.10 points
for the same holdings
29 of 43 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Income/Debt Oriented Schemes - Liquid Fund

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages JM Liquid Fund?

Killol Pandya, since 5 Nov 2024; Ruchi Fozdar, since 5 Nov 2024; Jayant Dhoot, since 5 Nov 2024.

Killol Pandya
1.9 years
since 5 Nov 2024
Ruchi Fozdar
1.9 years
since 5 Nov 2024
Jayant Dhoot
1.9 years
since 5 Nov 2024
Benchmark as filedCRISIL Liquid Debt A-I Index
Exit load
Day 1 - 0.0070%,Day 2 - 0.0065%,Day 3 - 0.0060%,Day 4 - 0.0055%,Day 5 - 0.0050%,Day 6 - 0.0045%,Day 7 onwards - Nil
From 34 Scheme Summary Documents filed with NSE, first on 26 Feb 2026; as on 13 Oct 2026

Questions people ask

Who manages JM Liquid Fund?

Killol Pandya (manager) since 5 Nov 2024; Ruchi Fozdar (manager) since 5 Nov 2024; Jayant Dhoot (manager) since 5 Nov 2024.

What is the expense ratio of JM Liquid Fund?

0.16% a year on the direct plan and 0.26% on the regular plan (expense report, Oct 2026).

How has JM Liquid Fund done?

Its direct plan returned +6.85% a year over 3 years against +6.75% for its benchmark, CRISIL Liquid Debt A-I Index, as of 14 Oct 2026.

Inside the app

See JM Liquid Fund beside your own funds in Valarth

Start freeStart free
A Valarth stock page: the share price with its chart and 52-week range, valuation and profitability figures, and a scorecard of health checks.
Stock pagePrice, valuation, profitability and a scorecard of health checks for every company, each figure explained.
The Valarth stock screener: a table of companies with price, market cap, P/E, P/B, PEG, EPS and ROE, and filters down the left.
ScreenerEvery listed company, filtered on 212 figures, each with a plain-language lesson beside it.
The Valarth AI Screener answering 'Which companies will benefit from India's Project 75 submarine programme?' with a basket of four naval shipbuilders and a written thesis.
AI ScreenerAsk a question in plain English, like which companies benefit from India's Project 75. It reads the intent, builds the screen and writes the thesis.
A Valarth business-model card for State Bank of India, with a plain-language summary and statements verified against the filing.
Business modelHow a company makes money and what can hurt it, each statement checked against its annual report.
Valarth's Before the Bell edition, with the day's headline, regulator notes and sector moves.
Before the BellA morning edition before the market opens: what moved, which rule changed, and what it means for your holdings.

JM Liquid Fund in the app: beside your own funds, with what you own through them

See the full analysis in the app →See pricing
Share this page