Mutual Funds
AMC
JM Liquid Fund - Direct (IDCW-W)

JM Liquid Fund - Direct (IDCW-W)

NAV
11.01(-0.08%)
Fund Size (CR)
₹2,284.65
Expense Ratio
0.16
Scheme Type
Active Fund
Value Research

Min. investment
₹1,000
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0.007%
Return Since Launch
6.72%

Absolute Return: -0.09%

Annualized Return: 0%

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

Basic Details

Scheme Manager

Killol Pandya

Bench Mark

CRISIL Liquid Debt A-I Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	12 January 2026	10000.82	0.01%	-	0.07%	331/395
1 Month	19 December 2025	10046.59	0.47%	-	0.39%	208/395
3 Month	19 October 2025	10142.46	1.42%	-	1.30%	162/382
6 Month	18 July 2025	10286.93	2.87%	-	2.61%	136/374
1 Year	19 January 2025	10639.17	6.39%	6.39%	6.02%	170/365
3 Year	19 January 2023	12166.55	21.67%	6.75%	6.59%	249/344
5 Year	19 January 2021	13189.04	31.89%	5.69%	5.56%	225/335
Since Inception	1 January 2013	23377.56	133.78%	6.72%	58.03%	162/394

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	2 February 2025	1,20,000	280090.46	133.41%	133.41%
3 Year	1 February 2023	3,60,000	840193.04	133.39%	32.65%
5 Year	1 February 2021	6,00,000	1400479.73	133.41%	18.47%
10 Year	1 February 2016	12,00,000	2800897.82	133.41%	8.85%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.06%

Standard Deviation

0.00%

Beta

4.28%

Sharpe Ratio

-5.83%

Treynor's Ratio

0.90%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
There's no data available of Stock Holdings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
JM Liquid Fund - Direct (IDCW-W)	2284.65	0.47%	1.42%	2.87%	6.39%	6.75%
Bandhan Liquid Fund - Direct (IDCW-D)	14538.39	0.71%	1.94%	3.82%	8.61%	9.22%
TRUSTMF Liquid Fund - Direct (IDCW-D) RI	574.26	0.52%	1.70%	3.58%	8.05%	9.07%
Motilal Oswal Liquid Fund - Direct (IDCW-F) RI	1200.15	0.25%	1.19%	2.60%	8.04%	7.30%
Union Liquid Fund - Direct (IDCW-W)	5729.15	0.40%	1.38%	2.84%	7.38%	7.32%
Quant Liquid Plan - Direct (IDCW-W)	1198.59	0.47%	1.64%	2.91%	6.91%	7.02%

List of Schemes under JM Financial Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
JM Large Cap Fund	Equity	Very High	7.63%	4	₹464.34
JM Large & Mid Cap Fund	Equity	Very High	0%	0	₹404.46
JM Midcap Fund	Equity	Very High	1.93%	0	₹1,178.20
JM Small Cap Fund	Equity	Very High	-4.24%	0	₹702.76
JM Value Fund	Equity	Very High	-1.52%	3	₹957.01
JM Focused Fund	Equity	Very High	4.16%	3	₹298.94
JM ELSS Tax Saver Fund	Equity	Very High	5.05%	4	₹226.48
JM Overnight Fund	Debt	Low	5.62%	2	₹113.01
JM Overnight Fund	Debt	Low	5.5%	0	₹113.01
JM Overnight Fund	Debt	Low	0%	0	₹113.01
JM Overnight Fund	Debt	Low	5.62%	0	₹113.01
JM Overnight Fund	Debt	Low	0%	0	₹113.01
JM Liquid Fund	Debt	Moderate	6.4%	2	₹2,284.65
JM Liquid Fund	Debt	Moderate	0%	0	₹2,284.65
JM Liquid Fund	Debt	Moderate	0%	0	₹2,284.65
JM Low Duration Fund	Debt	Moderately Low	7.36%	3	₹170.19
JM Short Duration Fund	Debt	Moderate	7.48%	2	₹86.50
JM Medium to Long Duration Fund	Debt	Moderate	6.52%	3	₹30.60
JM Dynamic Bond Fund	Debt	Moderate	6.84%	3	₹58.47
JM Aggressive Hybrid Fund	Hybrid	Very High	2.81%	5	₹785.33
JM Arbitrage Fund	Hybrid	Low	6.61%	2	₹359.67
JM Flexicap Fund	Equity	Very High	-3.32%	4	₹5,463.07

News

There are no new Updates!

Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹2284.65

JM Liquid Fund - Direct (IDCW-W) is an Liquid Fund-oriented fund from the renowned AMC, JM Financial Mutual Fund. Launched in 1 January 2013, this fund is managed by Killol Pandya. With assets under management (AUM) worth ₹2,284.65 (Cr), as of 20 January 2026, JM Liquid Fund - Direct (IDCW-W) is categorized as a Liquid Fund within its segment. The fund has generated a return of 6.72% since its launch.
The current NAV of JM Liquid Fund - Direct (IDCW-W) is ₹11.01, as on 20 January 2026. The fund's benchmark index is CRISIL Liquid Debt A-I Index. You can invest in JM Liquid Fund - Direct (IDCW-W) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 6.75% and 5.69% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 102.66% in Debt and -2.66% in cash and cash equivalents.