HybridAggressive Hybrid FundDirectHigh

JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units

Q: What is the NAV of JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units?

As of 20 Aug 2026, the NAV of JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units is ₹142.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: How risky is JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units?

It is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.5% and its worst peak-to-trough fall in our sample was -36.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.68 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units's 0.68 means it has rewarded its volatility with excess return. Higher is better.

JM Financial Mutual Fund · Best Aggressive Hybrid Mutual Funds

This is the Direct plan of JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units — bought from the fund house, with no distributor commission in its expense ratio.

NAV

₹142.20

+0.62% 1D

as of 20 Aug 2026

Compare SIP calculator

Performance

+3.84%CAGR

52-week rangePrev NAV ₹141.32

Latest ₹142.20

Low ₹122.30100th percentile of its 52-week rangeHigh ₹142.20

Scorecard

★★★☆☆3/5 vs 30 of 76 Aggressive Hybrid Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Aggressive Hybrid Fund (same plan and option). 30 of the 76 Aggressive Hybrid Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceStrong

3Y CAGR +15.06% · ranks 6 of 76 Aggressive Hybrid Funds

RiskHigh

Volatility 12.5% vs 11.3% category avg

Cost—

Expense ratio not available yet

ConsistencyHigh

96% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ahead of the Aggressive Hybrid Fund average on 1M/3M/6M/1Y — 1Y by 1.39pp
3-year return (+15.06%) beats the Aggressive Hybrid Fund average (+10.44%)
5-year return (+15.00%) beats the Aggressive Hybrid Fund average (+9.75%)
Stronger risk-adjusted returns — Sharpe 0.68 vs 0.35 Aggressive Hybrid Fund average
Consistent — positive in 96% of rolling 3-year windows

Concerns

More volatile than its Aggressive Hybrid Fund peers (12.5% vs 11.3%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 1.08%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category 23.61

Excess return per unit of total volatility (rf = 6.5%)

0.68

Category 0.35▲0.33

Scheme Info

Definitions

Plan

Direct

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

04 Aug 2014

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+3.46%

Absolute return over the last 3 months (not annualized)

+7.51%

Absolute return over the last 6 months (not annualized)

+4.51%

Absolute return since 1 Jan of this year (not annualized)

+3.11%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+3.25%

3-year annualized return (CAGR)

+15.06%

5-year annualized return (CAGR)

+15.00%

10-year annualized return (CAGR)

+13.21%

Annualized return (CAGR) since the fund's inception

+12.20%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.53%

Excess return per unit of total volatility (rf = 6.5%)

0.68

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.94

Largest peak-to-trough decline over full history

-36.57%

Benchmark ratios (vs Nifty 50 · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50

5.90%

Sensitivity to Nifty 50 moves; 1 = moves with the index

0.82

How much of the fund's movement Nifty 50 explains

66.3%

Excess return per unit of beta (market risk)

9.12

Active return over the benchmark per unit of tracking error

0.72

Annualized std dev of fund-minus-benchmark returns

8.32%

Fund's share of benchmark gains in up months (100 = matches index)

99.2%

Fund's share of benchmark losses in down months (lower is better)

59.7%

Computed vs the Nifty 50 price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Aggressive Hybrid Fund)

Period	Fund	Category avg.	Diff
1M abs	+3.46%	+1.44%	+2.02%
3M abs	+7.51%	+4.99%	+2.52%
6M abs	+4.51%	+1.46%	+3.05%
1Y CAGR	+3.25%	+1.86%	+1.39%
3Y CAGR	+15.06%	+10.44%	+4.62%
5Y CAGR	+15.00%	+9.75%	+5.25%

Category average across peers in Aggressive Hybrid Fund (up to 76 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 76 peers in Aggressive Hybrid Fund

1Y return

+3.25%

Beats 61.3% · rank #30

3Y return

+15.06%

Beats 93.3% · rank #6

5Y return

+15.00%

Beats 95.6% · rank #4

Sharpe

0.68

Beats 81.3% · rank #11

Sortino

0.94

Beats 81.3% · rank #11

Rolling returns

Return for every possible 1Y holding period, not just today’s

This fundNifty 50

Average

+13.8%

Median

+7.8%

Best

+82.7%

Worst

-27.6%

Positive periods

76.7%

133 overlapping 1Y windows, sampled monthly across the fund’s history.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹8.41L

Absolute

+40.09%

XIRR

+13.88%

Value vs. invested

60 monthly installments of ₹10,000 into JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50	Diff
2026part	+2.93%	-7.26%	+10.19%
2025	-1.55%	+10.51%	-12.06%
2024	+29.29%	+8.80%	+20.49%
2023	+35.46%	+20.03%	+15.43%
2022	+9.12%	+4.33%	+4.79%
2021	+23.91%	+24.12%	-0.21%
2020	+31.51%	+14.90%	+16.61%
2019	-7.22%	+12.02%	-19.24%
2018	+2.49%	+3.15%	-0.66%
2017	+19.20%	+28.65%	-9.45%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

2,969

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Aggressive Hybrid Fund

Compare all


JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal UnitsThis fund JM Financial	★★★☆☆	+3.25%	+15.06%	+15.00%	—	—	—
Bank of India Mid & Small Cap Equity & Debt Fund Bank of India	★★★★☆	+14.91%	+19.20%	+16.21%	29.23	0.89%	₹1,841Cr
Bank of India Mid & Small Cap Equity & Debt Fund Bank of India	★★★★☆	+9.05%	+17.10%	+14.95%	—	0.89%	—
Bandhan Aggressive Hybrid Fund Bandhan	★★★☆☆	+9.49%	+16.14%	+12.89%	22.83	0.88%	₹1,976Cr
ICICI Prudential Equity & Debt Fund ICICI Prudential	★★★★★	+3.47%	+15.32%	+16.76%	20.06	1.05%	₹52,433Cr
Edelweiss Aggressive Hybrid Fund Edelweiss	★★★★★	+4.97%	+15.15%	+14.90%	21.47	0.77%	₹3,643Cr

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-36.6%03 Jun 2019 → 23 Mar 2020
Fell over 10 months, back to the old high on 23 Oct 2020 — 7 months under water after the low.
-17.0%23 Sep 2024 → 30 Mar 2026
Still below that high — 1.5 years down, and no recovery yet.
-15.2%18 Oct 2021 → 20 Jun 2022
Fell over 8 months, back to the old high on 01 Nov 2022 — 4 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

JM Financial in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Aggressive Hybrid funds

Aggressive hybrid funds hold roughly 65–80% equity and the rest in debt. The bond sleeve cushions falls, making them a gentler entry into equities than a pure equity fund.

Frequently asked questions

What is the NAV of JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units?

As of 20 Aug 2026, the NAV of JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units is ₹142.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units delivered?

JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units has returned +3.25% over 1 year, +15.06% per year over 3 years, +15.00% per year over 5 years and +12.20% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

How risky is JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units?

It is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.5% and its worst peak-to-trough fall in our sample was -36.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.68 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units's 0.68 means it has rewarded its volatility with excess return. Higher is better.

How is JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units taxed?

JM Aggressive Hybrid Fund - Direct Plan - Annual Bonus Option - Principal Units is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.