JM Medium to Long Duration Fund (Regular) - Quarterly IDCW

JM Medium to Long Duration Fund (Regular) - Quarterly IDCW holds up reasonably well within the Medium to Long Duration Fund category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 65/100.

Cost: At 0.59%, the expense ratio is meaningfully cheaper — about 39% below the Medium to Long Duration Fund category average of 0.97% (based on 23 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.36 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.13% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.