JM Multi Asset Allocation Fund
Fund basics
Everything the NAV says
Computed from 30 published NAVs between 20 Jul 2026 and 28 Aug 2026 — 0.1 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| JM Multi Asset Allocation Fund Direct | 4.00 | — | — | — | — | — | — | — | — |
| Nifty 100 benchmark | 0.25 | 3.49 | -1.52 | 1.84 | 10.52 | 9.38 | — | — | 12.79 |
| Multi Asset Allocation category median · 15 funds | — | — | — | 10.68 | 16.29 | 14.23 | — | 12.25 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Direct plan in Multi Asset Allocation — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 27 Aug 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| JM Multi Asset Allocation Fund Direct | — | — | — | — | — | -0.94 |
| Nifty 100 benchmark | 17.12 | 0.23 | 0.32 | — | — | -37.03 |
Risk-free rate 6.5%. Beta and alpha need an index, so the benchmark's own row leaves them blank.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -0.9% | 0 months | At a high |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
How it compares in its category
Against the Multi Asset Allocation Direct schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| JM Multi Asset Allocation Fund JM Financial Mutual Fund · this scheme | — | — | — | — | — | -0.9% |
| Quant Multi Asset Allocation Fund quant Mutual Fund | 23.4% | 14.4% | 0.75 | 27.2% | 0.62 | -44.8% |
| Nippon India Multi Asset Allocation Fund Nippon India Mutual Fund | 20.6% | 7.1% | 0.56 | 9.4% | 1.50 | -10.8% |
| WhiteOak Capital Multi Asset Allocation Fund WhiteOak Capital Mutual Fund | 17.7% | 9.2% | 0.29 | 5.5% | 2.04 | -6.1% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Aditya Birla Sun Life Mutual Fund | 17.6% | 8.3% | 0.64 | 9.6% | 1.16 | -12.8% |
| UTI Multi Asset Allocation Fund UTI Mutual Fund | 17.5% | 3.7% | 0.63 | 10.3% | 1.07 | -25.0% |
| Baroda BNP Paribas Multi Asset Fund Baroda BNP Paribas Mutual Fund | 16.5% | 7.1% | 0.69 | 9.9% | 1.01 | -11.9% |
| SBI MULTI ASSET ALLOCATION FUND SBI Mutual Fund | 16.4% | 4.7% | 0.44 | 6.4% | 1.53 | -17.6% |
| ICICI Prudential Multi Asset Allocation Fund ICICI Prudential Mutual Fund | 16.1% | 7.6% | 0.70 | 11.6% | 0.83 | -30.6% |
Alpha and beta are against Nifty 100. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Multi Asset Allocation scheme is
At least 10% each in three asset classes.
Equity, debt and usually gold in one fund. The three rarely fall together, so the ride is smoother — and you never have to decide when to buy gold.
Who it suits. Investors who want one holding that already diversifies across asset classes.
How long money should stay. 5 years or more.
Questions people ask
What is the NAV of JM Multi Asset Allocation Fund — Direct Plan — Growth Option?
₹10.4854 as on 27 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of JM Multi Asset Allocation Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
At least 10% each in three asset classes. Equity, debt and usually gold in one fund. The three rarely fall together, so the ride is smoother — and you never have to decide when to buy gold.
How long should money stay in it?
Typically 5 years or more. Investors who want one holding that already diversifies across asset classes.