JM Aggressive Hybrid Fund (Regular) -Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Strong capital defense: downside capture of 70% limits losses during market corrections.
- Generated +1.6% annualized alpha (excess return) over its benchmark.
- Over 32 years of operational history across different market cycles.
- Expense ratio (2.66%) is higher than category median (2.2%), which creates fee drag over time.
- Experienced a maximum drawdown of -64.9% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.17% | +6.16% | +0.01% |
| 3 Months | +1.22% | +1.07% | +0.15% |
| 6 Months | +6.42% | +5.38% | +1.04% |
| 1 Year | +1.64% | +2.59% | -0.95% |
| 3 Years CAGR | +11.27% | +10.89% | +0.38% |
| 5 Years CAGR | +11.84% | +8.84% | +3.00% |
| 7 Years CAGR | +17.31% | +12.32% | +4.99% |
| 10 Years CAGR | +12.45% | +11.96% | +0.49% |
| Since Inception | +9.11% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in JM Aggressive Hybrid Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +2.97% | +2.63% | +0.34% |
| 2025 | -3.13% | +6.01% | -9.14% |
| 2024 | +26.99% | +15.75% | +11.24% |
| 2023 | +33.85% | +20.35% | +13.50% |
| 2022 | +8.05% | +2.27% | +5.78% |
| 2021 | +22.94% | +23.77% | -0.83% |
| 2020 | +30.48% | +13.43% | +17.05% |
| 2019 | -8.11% | +10.39% | -18.50% |
| 2018 | +1.66% | -2.51% | +4.17% |
| 2017 | +18.48% | +25.44% | -6.96% |
| 2016 | +3.04% | +5.08% | -2.04% |
| 2015 | -0.15% | +2.88% | -3.03% |
| 2014 | +33.44% | +43.24% | -9.80% |
| 2013 | +11.34% | +7.10% | +4.24% |
| 2012 | +23.90% | +26.34% | -2.44% |
| 2011 | -17.16% | -18.20% | +1.04% |
| 2010 | +11.63% | +15.27% | -3.64% |
| 2009 | +47.57% | +62.41% | -14.84% |
| 2008 | -56.84% | -44.40% | -12.44% |
| 2007 | +45.95% | +51.84% | -5.89% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -60.68% | +11.91% | +8.48% | +94.63% | 72.6% | 47.7% |
| 3-Year Rolling | -11.80% | +10.38% | +10.77% | +33.27% | 85.6% | 52.6% |
| 5-Year Rolling | -6.38% | +10.27% | +11.13% | +30.57% | 88.0% | 38.2% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2008-01-02 | 2009-03-05 | -64.9% | 14 months | 64 months |
| 2019-06-03 | 2020-03-23 | -37.0% | 10 months | 7 months |
| 2006-05-09 | 2006-06-14 | -25.0% | 1 months | 5 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related instrument | 65%-80%, Debt Securities (including fixed income derivatives and securitized debt*) and money market instruments - 20%-35%, InvITs / ETCDs / Units of Mutual Fund (including Gold ETF & Silver ETF)^ - 0%-15%. *Allocation in securitized debt will not exceed 10% of the net assets. ^Any other security as may be permitted by SEBI/ RBI from time to time. Other Liquid instruments includes cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI. The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund. |
Investment Objective & Strategy
The investment objective is to provide steady current income as well as long term growth of capital.There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 676 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Aggressive Hybrid schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Aggressive Hybrid Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Aggressive Hybrid Fund | 3.8 | +10.44% | 1.89% | 74.8% | Rs 7,219 cr | Compare → |
| Union Aggressive Hybrid Fund | 3.7 | +10.39% | 2.75% | 68.3% | Rs 772 cr | Compare → |
| Mahindra Manulife Aggressive Hybrid Fund | 5.7 | +10.67% | 2.17% | 69.3% | Rs 3,057 cr | Compare → |
| Axis Aggressive Hybrid Fund | 3.3 | +10.31% | 2.20% | 74.6% | Rs 1,476 cr | Compare → |
| DSP Aggressive Hybrid Fund | 5.1 | +10.77% | 1.83% | 68.5% | Rs 12,068 cr | Compare → |
Frequently Asked Questions about JM Aggressive Hybrid Fund
What is the expense ratio of JM Aggressive Hybrid Fund?
JM Aggressive Hybrid Fund has a total expense ratio (TER) of 2.66% with a base expense ratio of 2.05%, compared to the Aggressive Hybrid category median of 2.20%.
Who manages JM Aggressive Hybrid Fund?
JM Aggressive Hybrid Fund is managed by Asit Bhandarkar (tenure: 4.9 years since 2021-12-28).
What are the historical returns of JM Aggressive Hybrid Fund?
JM Aggressive Hybrid Fund delivered a 3-year CAGR of 11.27% and a 5-year CAGR of 11.84%. Its 1-year return stands at +1.64%.
How large is JM Aggressive Hybrid Fund?
JM Aggressive Hybrid Fund manages assets of Rs 676 cr, placing it in the 'small' size band relative to Aggressive Hybrid peers.
How is JM Aggressive Hybrid Fund scored on MFIQ?
JM Aggressive Hybrid Fund holds an MFIQ Score of 3.5/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is JM Aggressive Hybrid Fund?
JM Aggressive Hybrid Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 12.67% with a maximum historical drawdown of -64.89%.