JM Ultra Short to Short Term Fund (Direct) - Growth

JM Ultra Short to Short Term Fund (Direct) - Growth

Debt

JM Financial Mutual Fund

Low Duration

Get the latest NAV of JM Ultra Short to Short Term Fund (Direct) - Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹40.92

NAV as on 28 Aug 2026

6.98%/per year

Since Inception

Absolute Gain%

▲▼

29 people have invested ₹ 2L in JM Ultra Short to Short Term Fund in the last three months

JM Ultra Short to Short Term Fund Performance vs. Low Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (28-Aug-26)

The fund has outperformed the benchmark (Low Duration Index) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.49%
2.12%
3.12%
6.27%
7.3%
6.43%
Low Duration Index
0.44%
1.81%
2.61%
5.36%
5.94%
6.68%
Low Duration Avg
0.41%
1.85%
2.67%
5.57%
6.96%
6.2%
Best in Low Duration
0.6%
2.29%
3.32%
6.49%
7.89%
7.5%
Worst in Low Duration
0.45%
1.98%
2.94%
5.9%
7.15%
6.33%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
JM Ultra Short to Short Term Fund
-
217Cr
0.4%
6.27%
7.3%
-0.28
1.28
1.31
3.19
-0.25
Nippon India Low Duration Fund
1/18
7,804Cr
0.39%
6.47%
7.49%
-0.11
1.31
1.58
4.23
0.73
UTI Low Duration Fund
2/18
2,386Cr
0.33%
6.29%
7.29%
-0.30
1.29
1.27
3.11
-0.26
Aditya Birla Sun Life Low Duration Fund
3/18
9,914Cr
0.36%
6.25%
7.41%
-0.22
1.37
1.40
3.39
0.36
See all

JM Ultra Short to Short Term Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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JM Ultra Short to Short Term Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

AAA
81.7%
AA
18.3%
Cash allocation has gone down from 41.6% to 32.1%
Cash allocation has gone down from 41.6% to 32.1%
Debt allocation has gone up from 58.1% to 67.6%
Debt allocation has gone up from 58.1% to 67.6%

JM Ultra Short to Short Term Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Corporate
78%
Cash Equivalent
13.3%
Government
8.7%

Top 2 Sectors in July were Corporate, Government

Jul'26

Corporate

74%

Government

15%

Jun'26

Corporate

75%

Government

12%

JM Ultra Short to Short Term Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.4%
Benchmark
Crisil Low Duration Debt TR INR
AUM₹217 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1,000/₹1,000
Exit Load0%
Lock InNo Lock-in
TurnOver
282.28%
Risk
Risk meter
pointer
Low to Moderate Risk

About JM Ultra Short to Short Term Fund

JM Ultra Short to Short Term Fund (Direct) - Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Killol Pandya, Ruchi Fozdar, Jayant Dhoot. This fund is suitable to keep your money safe.

Key Parameters

  1. JM Ultra Short to Short Term Fund has ₹217 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

JM Ultra Short to Short Term Fund has given a CAGR return of 6.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.27%, 7.30% and 6.43% respectively.

Holdings

JM Ultra Short to Short Term Fund has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Punjab National Bank, Union Bank Of India, Axis Bank Limited, Shriram Finance Limited, Godrej Industries Limited

Taxation

As it is a low duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of JM Ultra Short to Short Term Fund

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. Investors are required to read all the scheme related information carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. JM Ultra Short to Short Term Fund has no lock in period.

Fund Manager

Killol Pandya

Fund Manager of JM Ultra Short to Short Term Fund, since 5 November 2024

Ruchi Fozdar

Fund Manager of JM Ultra Short to Short Term Fund, since 3 April 2024

Jayant Dhoot

Fund Manager of JM Ultra Short to Short Term Fund, since 1 August 2025

Learn more about JM Financial Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 218.9 Cr
₹ 218.9 Cr
₹ 226.6 Cr
  • AUM of the fund stands at 218.9 Cr as of Jul'26
  • AUM has remained same between Jul'26 and Jun'26

Frequently Asked Questions for JM Ultra Short to Short Term Fund (Direct) - Growth

How do I invest in JM Ultra Short to Short Term Fund?

INDmoney makes it simple to invest in the JM Ultra Short to Short Term Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘JM Ultra Short to Short Term Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of JM Ultra Short to Short Term Fund?

The NAV of the fund today is ₹40.92. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

JM Ultra Short to Short Term Fund fund has generated a return of 6.27% in 1 year, 7.30% in 3 years, 6.43% in 5 years.

Who is the fund manager of JM Ultra Short to Short Term Fund?

The fund managers are Killol Pandya, Ruchi Fozdar, Jayant Dhoot.

What is the expense ratio of the fund?

The expense ratio is 0.40%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹217 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of JM Ultra Short to Short Term Fund?

The top 3 holdings of the fund are Punjab National Bank(7.53%), Union Bank Of India(7.51%), Axis Bank Limited(6.97%)