JM Aggressive Hybrid Fund
Aggressive HybridVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹119.20+0.08%1 day
- Return since launch
- 12.1%
- 52-week range
- ₹105.70 — ₹123.59
- AUM
- ₹700 Cr
JM Aggressive Hybrid Fund is a Aggressive Hybrid hybrid fund from JM Financial Mutual Fund with ₹700 Cr under management, launched in 1994. Over three years it has returned 3.1% a year, against 10.1% for its category. The expense ratio is 2.68% and the SEBI riskometer reading is Very High.
Performance
JM Aggressive Hybrid Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +0.6% against +1.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.9% | +1.1 pts | 1.9% | 0.1% |
| 2Y | 0.7% | −1.8 pts | 2.5% | 1.7% |
| 3Y | 3.1% | −7.0 pts | 10.1% | 4.1% |
| 5Y | 10.8% | +1.9 pts | 8.8% | 8.0% |
| 7Y | 14.4% | +2.8 pts | 11.6% | 10.1% |
| 10Y | 13.3% | +2.4 pts | 10.9% | 10.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.8% | −0.1 pts | -2.8% | -2.7% |
| 3M | 3.3% | +3.4 pts | -0.1% | -0.2% |
| 6M | 10.6% | +2.5 pts | 8.1% | 7.3% |
| 1Y | 0.6% | −1.3 pts | 1.9% | 1.1% |
| 2Y | -4.1% | −3.7 pts | -0.3% | -0.9% |
| 3Y | 11.1% | +1.0 pts | 10.1% | 9.1% |
| 5Y | 11.1% | +2.3 pts | 8.8% | 7.8% |
| 7Y | 16.9% | +4.2 pts | 12.8% | 10.9% |
| 10Y | 11.7% | +0.8 pts | 10.9% | 9.5% |
Since launch (12 Dec 1994): 12.1%
Calendar-year returns
Category average30.5%
22.9%
8.1%
33.8%
26.7%
-3.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -3.1% | −9.9 pts | 6.8% |
| 2024 | 26.7% | +8.3 pts | 18.4% |
| 2023 | 33.8% | +10.9 pts | 23.0% |
| 2022 | 8.1% | +4.4 pts | 3.7% |
| 2021 | 22.9% | −4.9 pts | 27.9% |
| 2020 | 30.5% | +14.6 pts | 15.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.69%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.05%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.54%
- Exit load
- Exit load of 1%, if redeemed within 60 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Hybrid 35+65 Aggressive Index
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.14 | 1.11 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.50 | 0.68 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.75 | 0.90 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.70 | 12.92 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
JM Aggressive Hybrid Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity78.3%
- Debt20.5%
- Other1.3%
Market cap split
- Large54.1%
- Mid26.4%
- Small19.5%
- P/E
- 31.72
- P/B
- 3.87
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| One97 Communications Ltd. | Services | 3.64% | ₹25.44 Cr | +2.54% | +2.35% | +2.40% |
| Coforge Ltd. | Technology | 3.29% | ₹23.03 Cr | +2.38% | +1.87% | +2.57% |
| Axis Bank Ltd. | Financial | 2.89% | ₹20.20 Cr | +3.11% | +5.06% | +1.93% |
| Eternal Ltd. | Services | 2.81% | ₹19.69 Cr | +2.17% | +2.01% | +2.48% |
| Bajaj Finance Ltd. | Financial | 2.70% | ₹18.92 Cr | +3.09% | +0.14% | +3.00% |
| HDFC Bank Ltd. | Financial | 2.68% | ₹18.72 Cr | +4.30% | +8.45% | +7.10% |
| Bharti Airtel Ltd. | Communication | 2.61% | ₹18.29 Cr | +3.27% | +3.71% | +4.23% |
| Reliance Industries Ltd. | Energy | 2.43% | ₹16.98 Cr | +2.54% | +1.90% | — |
| Kotak Mahindra Bank Ltd. | Financial | 2.28% | ₹15.94 Cr | +1.89% | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.16% | ₹15.14 Cr | +2.21% | +1.98% | — |
| ICICI Bank Ltd. | Financial | 2.09% | ₹14.61 Cr | +1.83% | +1.87% | +2.96% |
| Multi Commodity Exchange Of India Ltd. | Services | 2.01% | ₹14.08 Cr | +3.49% | +3.17% | +2.85% |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.91% | ₹13.40 Cr | +1.90% | +3.13% | +3.16% |
| United Spirits Ltd. | Consumer Staples | 1.81% | ₹12.67 Cr | +1.56% | +1.37% | — |
| Eicher Motors Ltd. | Automobile | 1.80% | ₹12.58 Cr | +1.82% | +1.67% | — |
| Muthoot Finance Ltd. | Financial | 1.78% | ₹12.47 Cr | +2.17% | +1.38% | +0.25% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.71% | ₹11.98 Cr | +1.73% | — | — |
| Others | Others | 1.67% | ₹11.66 Cr | +1.82% | +2.97% | +1.00% |
| The India Cements Ltd. | Materials | 1.64% | ₹11.48 Cr | +1.71% | +1.50% | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.55% | ₹10.83 Cr | +1.45% | +1.52% | — |
| RBL Bank Ltd. | Financial | 1.54% | ₹10.80 Cr | — | — | — |
| PG Electroplast Ltd. | Capital Goods | 1.52% | ₹10.60 Cr | +1.48% | +1.81% | +1.46% |
| Tata Motors Ltd. | Automobile | 1.51% | ₹10.60 Cr | +1.23% | +1.55% | — |
| Interglobe Aviation Ltd. | Services | 1.51% | ₹10.60 Cr | +1.46% | +1.51% | +2.81% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.48% | ₹10.37 Cr | — | — | — |
| NTPC Ltd. | Energy | 1.47% | ₹10.29 Cr | +2.88% | +0.88% | +0.25% |
| GOI | Sovereign | 1.46% | ₹10.24 Cr | +0.66% | +0.54% | +0.64% |
| Tech Mahindra Ltd. | Technology | 1.45% | ₹10.18 Cr | +2.21% | +2.09% | +3.41% |
| Larsen & Toubro Ltd. | Construction | 1.44% | ₹10.07 Cr | +2.12% | +3.72% | +3.96% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.40% | ₹9.80 Cr | +1.81% | +1.13% | — |
| Bosch Home Comfort India Ltd. | Consumer Discretionary | 1.38% | ₹9.67 Cr | — | — | — |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 1.36% | ₹9.54 Cr | +1.34% | +1.17% | — |
| company:14523 | Services | 1.36% | ₹9.52 Cr | — | — | — |
| Maruti Suzuki India Ltd. | Automobile | 1.30% | ₹9.08 Cr | +1.48% | +2.12% | +1.84% |
| Metropolis Healthcare Ltd. | Healthcare | 1.29% | ₹9.02 Cr | +1.89% | +1.59% | +2.56% |
| Motilal Oswal Financial Services Ltd. | Financial | 1.28% | ₹8.97 Cr | — | — | — |
| Adani Enterprises Ltd. | Services | 1.23% | ₹8.57 Cr | — | — | — |
| Bharat Forge Ltd. | Automobile | 1.20% | ₹8.42 Cr | +1.13% | +0.44% | — |
| LTM Limited | Technology | 1.14% | ₹7.95 Cr | +0.82% | — | — |
| 360 One Wam Ltd. | Financial | 1.13% | ₹7.93 Cr | — | — | — |
| Union Bank of India | Financial | 1.10% | ₹7.72 Cr | — | +1.33% | +0.59% |
| Five-Star Business Finance Ltd. | Financial | 1.09% | ₹7.64 Cr | +0.92% | +0.81% | +1.34% |
| company:5697 | Capital Goods | 1.08% | ₹7.56 Cr | — | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.08% | ₹7.55 Cr | +1.31% | +1.12% | +1.83% |
| WeWork India Management Ltd. | Services | 1.06% | ₹7.40 Cr | — | — | — |
| company:4456 | Metals & Mining | 1.06% | ₹7.39 Cr | — | — | — |
| JSW Steel Ltd. | Metals & Mining | 1.05% | ₹7.32 Cr | +1.85% | — | — |
| SRF Ltd. | Chemicals | 0.99% | ₹6.95 Cr | — | — | — |
| Adani Power Ltd. | Energy | 0.96% | ₹6.73 Cr | — | — | — |
| Canara Bank | Financial | 0.96% | ₹6.72 Cr | +1.23% | +2.42% | — |
| Marico Ltd. | Consumer Staples | 0.91% | ₹6.36 Cr | +0.92% | — | — |
| UNO Minda Ltd. | Automobile | 0.88% | ₹6.12 Cr | — | — | — |
| Urban Company Ltd. | Consumer Staples | 0.82% | ₹5.77 Cr | — | — | — |
| Hindustan Zinc Ltd. | Metals & Mining | 0.82% | ₹5.77 Cr | +1.23% | — | — |
| 360 ONE Wealth Ltd. | Financial | 0.72% | ₹5.02 Cr | +0.72% | +0.68% | +0.63% |
| Piramal Finance Pvt. Ltd. | Financial | 0.72% | ₹5.01 Cr | +0.72% | +0.68% | — |
| REC Ltd. | Financial | 0.71% | ₹4.99 Cr | +0.29% | +0.27% | +1.57% |
| company:10198 | Financial | 0.71% | ₹4.94 Cr | — | — | — |
| Power Finance Corporation Ltd. | Financial | 0.64% | ₹4.50 Cr | +0.73% | +0.69% | +0.64% |
| Bajaj Housing Finance Ltd. | Financial | 0.62% | ₹4.36 Cr | +0.63% | +0.69% | +0.64% |
| Belrise Industries Ltd. | Automobile | 0.60% | ₹4.22 Cr | — | — | — |
| National Bank For Agriculture & Rural Development | Financial | 0.57% | ₹3.99 Cr | +0.57% | +0.55% | +0.63% |
| LIC Housing Finance Ltd. | Financial | 0.57% | ₹3.98 Cr | +0.57% | +0.54% | +0.50% |
| Punjab National Bank | Financial | 0.55% | ₹3.87 Cr | +0.55% | — | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 0.55% | ₹3.82 Cr | — | — | — |
| company:20765 | Services | 0.45% | ₹3.17 Cr | — | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.36% | ₹2.50 Cr | +0.36% | +0.34% | +0.31% |
| Bank Of Baroda | Financial | 0.28% | ₹1.96 Cr | — | — | — |
| L&T Finance Ltd. | Financial | 0.21% | ₹1.50 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.14% | ₹0.99 Cr | — | +1.37% | +1.26% |
| Anirit Ventures Ltd. | Textiles | 0.03% | ₹0.20 Cr | +0.05% | +0.04% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:14523 | 0.00% | 1.36% | +1.36% |
| company:5697 | 0.00% | 1.08% | +1.08% |
| Kaynes Technology India Ltd. | 1.07% | 0.00% | -1.07% |
| company:4456 | 0.00% | 1.06% | +1.06% |
| Waaree Energies Ltd. | 0.86% | 0.00% | -0.86% |
| Bajaj Finance Ltd. | 3.54% | 2.70% | -0.83% |
| company:10198 | 0.00% | 0.71% | +0.71% |
| Shadowfax Technologies Ltd. | 0.68% | 0.00% | -0.68% |
| Metropolis Healthcare Ltd. | 1.94% | 1.29% | -0.66% |
| One97 Communications Ltd. | 3.00% | 3.64% | +0.64% |
| Jubilant FoodWorks Ltd. | 0.60% | 0.00% | -0.60% |
| Urban Company Ltd. | 0.28% | 0.82% | +0.55% |
| Bosch Home Comfort India Ltd. | 0.92% | 1.38% | +0.46% |
| Coforge Ltd. | 2.84% | 3.29% | +0.45% |
| company:20765 | 0.00% | 0.45% | +0.45% |
| Bharti Airtel Ltd. | 3.04% | 2.61% | -0.43% |
| Larsen & Toubro Ltd. | 1.81% | 1.44% | -0.37% |
| PG Electroplast Ltd. | 1.85% | 1.52% | -0.34% |
| Hindustan Aeronautics Ltd. | 1.39% | 1.08% | -0.31% |
| NTPC Ltd. | 1.77% | 1.47% | -0.30% |
| HDFC Bank Ltd. | 1.86% | 1.57% | -0.29% |
| SJS Enterprises Ltd. | 0.25% | 0.00% | -0.25% |
| Motilal Oswal Financial Services Ltd. | 1.04% | 1.28% | +0.24% |
| Eternal Ltd. | 2.58% | 2.81% | +0.23% |
| Multi Commodity Exchange Of India Ltd. | 1.80% | 2.01% | +0.22% |
| Torrent Pharmaceuticals Ltd. | 1.27% | 1.48% | +0.21% |
| Hindustan Zinc Ltd. | 1.03% | 0.82% | -0.20% |
| Kotak Mahindra Bank Ltd. | 2.11% | 2.28% | +0.17% |
| Others | 0.22% | 0.39% | +0.17% |
| JSW Steel Ltd. | 1.21% | 1.05% | -0.16% |
| Tata Motors Ltd. | 1.40% | 1.51% | +0.12% |
| The India Cements Ltd. | 1.75% | 1.64% | -0.11% |
| Axis Bank Ltd. | 1.46% | 1.55% | +0.09% |
| WeWork India Management Ltd. | 1.14% | 1.06% | -0.08% |
| Adani Ports and Special Economic Zone Ltd. | 1.48% | 1.40% | -0.08% |
| UNO Minda Ltd. | 0.81% | 0.88% | +0.07% |
| Ujjivan Small Finance Bank Ltd. | 1.98% | 1.91% | -0.06% |
| Adani Power Ltd. | 1.02% | 0.96% | -0.06% |
| Maruti Suzuki India Ltd. | 1.36% | 1.30% | -0.06% |
| Adani Enterprises Ltd. | 1.28% | 1.23% | -0.06% |
| Marico Ltd. | 0.96% | 0.91% | -0.05% |
| LTM Limited | 1.08% | 1.14% | +0.05% |
| Bharat Forge Ltd. | 1.25% | 1.20% | -0.05% |
| Mahindra & Mahindra Ltd. | 1.59% | 1.55% | -0.05% |
| Reliance Industries Ltd. | 2.47% | 2.43% | -0.04% |
| 360 One Wam Ltd. | 1.09% | 1.13% | +0.04% |
| Diamond Power Infrastructure Ltd. | 0.51% | 0.55% | +0.04% |
| ICICI Bank Ltd. | 2.05% | 2.09% | +0.04% |
| Eicher Motors Ltd. | 1.76% | 1.80% | +0.04% |
| RBL Bank Ltd. | 1.52% | 1.54% | +0.03% |
| Interglobe Aviation Ltd. | 1.49% | 1.51% | +0.03% |
| Anirit Ventures Ltd. | 0.00% | 0.03% | +0.02% |
| United Spirits Ltd. | 1.83% | 1.81% | -0.02% |
| Five-Star Business Finance Ltd. | 1.11% | 1.09% | -0.02% |
| Canara Bank | 0.94% | 0.96% | +0.02% |
| SRF Ltd. | 1.01% | 0.99% | -0.02% |
| Union Bank of India | 1.09% | 1.10% | +0.01% |
| Tech Mahindra Ltd. | 1.47% | 1.45% | -0.01% |
| ICICI Prudential Life Insurance Company Ltd. | 1.35% | 1.36% | +0.01% |
| Belrise Industries Ltd. | 0.61% | 0.60% | -0.01% |
| Punjab National Bank | 0.55% | 0.55% | +0.01% |
| Mahindra & Mahindra Financial Services Ltd. | 1.71% | 1.71% | 0.00% |
| Muthoot Finance Ltd. | 1.07% | 1.07% | 0.00% |
| GOI | 1.47% | 1.46% | 0.00% |
| 360 ONE Wealth Ltd. | 0.71% | 0.72% | 0.00% |
| Bajaj Housing Finance Ltd. | 0.63% | 0.62% | 0.00% |
| Bank Of Baroda | 0.28% | 0.28% | 0.00% |
| Piramal Finance Pvt. Ltd. | 0.71% | 0.72% | 0.00% |
| REC Ltd. | 0.72% | 0.71% | 0.00% |
| Apollo Hospitals Enterprise Ltd. | 2.17% | 2.16% | 0.00% |
| Power Finance Corporation Ltd. | 0.28% | 0.28% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 0.36% | 0.36% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.57% | 0.57% | 0.00% |
| LIC Housing Finance Ltd. | 0.21% | 0.21% | 0.00% |
| L&T Finance Ltd. | 0.21% | 0.21% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 0.14% | 0.14% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹14,483 Cr | 1.91% | 5.9% | 8.1% | 12.2% |
 ICICI Prudential Aggressive Hybrid Fund | ₹52,454 Cr | 1.60% | -1.8% | 5.8% | 11.7% |
| ICICI Prudential Aggressive Hybrid Active FoF | ₹9,431 Cr | 1.50% | -1.3% | 5.5% | 11.1% |
 HSBC Aggressive Hybrid Fund | ₹5,870 Cr | 1.96% | 8.9% | 8.5% | 11.3% |
 Bandhan Aggressive Hybrid Fund | ₹2,610 Cr | 2.25% | 5.5% | 9.0% | 11.4% |
 Bank of India Aggressive Hybrid Fund | ₹2,051 Cr | 2.25% | 18.3% | 11.6% | 15.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims at steady current income as well as long term growth of capital from a balanced portfolio of debt and equity.
Fund managers
- Asit BhandarkarMr. Bhandarkar is a B.Com (H) and MMS.Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
- Ruchi FozdarMs. Ruchi is a graduate in science and PGDBM in financePrior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund
- Satish RamanathanMr. Ramanathan holds a B.Tech degree and has done MBA and CFA.Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months10.58% absolute | ₹60,000 | ₹66,348 | 10.58% | |
| 1 year0.60% annualised | ₹1,20,000 | ₹1,20,391 | 0.33% | |
| 3 years11.14% annualised | ₹3,60,000 | ₹4,29,086 | 19.19% | |
| 5 years11.11% annualised | ₹6,00,000 | ₹8,04,896 | 34.15% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of JM Aggressive Hybrid Fund?
The NAV of JM Aggressive Hybrid Fund is ₹119.20 as on 25 Sep 2026.
What is the expense ratio of JM Aggressive Hybrid Fund?
The expense ratio of JM Aggressive Hybrid Fund is 2.68% per year.
What is the minimum SIP amount for JM Aggressive Hybrid Fund?
You can start a SIP in JM Aggressive Hybrid Fund with ₹3,000 a month.
What returns has JM Aggressive Hybrid Fund given?
JM Aggressive Hybrid Fund has returned 2.9% over 1 year, 3.1% over 3 years and 10.8% over 5 years (annualised).
Is there a lock-in or exit load on JM Aggressive Hybrid Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 60 days..
How risky is JM Aggressive Hybrid Fund?
JM Aggressive Hybrid Fund is rated Very High on the SEBI riskometer and belongs to the Aggressive Hybrid category.
Which fund house manages JM Aggressive Hybrid Fund?
JM Aggressive Hybrid Fund is managed by JM Financial Mutual Fund, which runs 17 schemes with ₹13,205 Cr under management.