JM Medium to Long Term Fund

JM Financial Mutual Fund · 120430 · Quant Rank #299

Not RecommendablePreliminary Assessment

PRELIMINARY_ASSESSMENT

Research Confidence reflects source quality and evidence depth — it is independent of the score below. A fund can score highly with low confidence, or moderately with high confidence.

Real Evidence

CategoryDEB

AUM₹30.3 Cr

BenchmarkCRISIL Medium to Long Duration Debt A-III Index

RiskometerModerate

TERInsufficient data

InceptionInsufficient data

Track RecordInsufficient data

Fund ManagerInsufficient data

AUM Floor₹1000 Cr

Min Track3 yrs

Max Alloc30%

Returns vs Benchmark

Window	Fund	Benchmark
1 Year	4.41%	4.79%
3 Year	6.92%	7.12%
5 Year	5.58%	5.90%
Since Launch	5.64%	7.68%

Calculated Parameters

FMTInsufficient data — no real 'managing since' date collected for this scheme's current manager

AMQ3/10

AUTInsufficient data — no real 3-months-ago AUM evidence (AMFI's live feed only carries current + ~1-month-ago; needs a genuine dated snapshot from an earlier sync)

ERSInsufficient data — no TER evidence collected for this scheme

Structural Gates

Gate 1 — EligibilityEXCLUDED

AUM floor: FAIL · Track record: UNKNOWN · SEBI: UNKNOWN

Gate 2 — Quant ScreenFAIL

Gate 3 — Top 10FAIL

Gate 4 — Top 5FAIL

Gate 5 — Top 2 ICFAIL

Candidate's 43 would rank #3 among 2 real existing category scores (top 2 = recommendable).

Analyst Name

MOM — Momentum

7% weight

Preliminary

3–6M price+flow vs benchmark · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:02 PM

CON — Consistency

10% weight

Preliminary

3Y/5Y quartile rank stability · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:04 PM

PQT — Portfolio Quality

11% weight

Preliminary

PE, concentration, churn · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:06 PM

FMQ — Fund Mgr Quality

12% weight

Preliminary

Philosophy, communication, style drift · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:07 PM

VAL — Valuation Risk

10% weight

Preliminary

Portfolio PE/PB vs category avg · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:09 PM

STW — Sector Tailwinds

9% weight

Preliminary

Policy/macro drivers 12-18M · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:11 PM

DSP — Downside Protection

8% weight

Preliminary

Max DD, Sortino, bear markets · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:12 PM

OPP — Outperformance Prob.

8% weight

Preliminary

Analyst 12M alpha probability · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:13 PM

THS — Thesis Strength

2% weight

Preliminary

Analyst 12-24M thesis conviction · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) on 8/26/2026, 3:34:15 PM

V6 Final Score

43.0

/ 100 — Final Score

AVOID

MOM

3.5

CON

6.0

PQT

5.5

FMQ

6.0

VAL

5.0

STW

5.4

DSP

5.6

OPP

3.2

FMT

—

AMQ

1.8

AUT

—

ERS

—

THS

1.0

Data-limited: FMT, AUT, ERS (insufficient data — never defaulted to 0)

Source Evidence (14)

BenchmarkCRISIL Medium to Long Duration Debt A-III Index

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

Riskometer (Scheme)Moderate

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

NAV - Direct Plan72.3627

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

NAV Date21-Aug-2026

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

Daily AUM (Cr.)30.250933

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

1 Year Return - Direct Plan (%)4.4065

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

1 Year Return - Benchmark (%)4.7888

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

3 Year Return - Direct Plan (%)6.9226

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

3 Year Return - Benchmark (%)7.1204

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

5 Year Return - Direct Plan (%)5.5843

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

5 Year Return - Benchmark (%)5.9042

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

Since Launch Return - Direct Plan (%)5.6372

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

Since Launch Return - Benchmark (%)7.6799

AMFI (Official, Centralized) — FUND_DETAIL_PAGE as of 2026-08-21

AMC Total AUM (Lakh Cr.)0.13205

AMFI quarterly AAUM disclosure (Apr–Jun 2026), via RightAdvise aggregation of official AMFI figures as of 2026-06-30

Audit Log

THS ∅ → 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:16 PM

OPP ∅ → 4 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:14 PM

“[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real return-vs-benchmark evidence: 1Y -0.38pp vs benchmark, 3Y -0.20pp vs benchmark, 5Y -0.32pp vs benchmark, SinceLaunch -2.04pp vs benchmark (avg -0.74pp).”

DSP ∅ → 7 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:12 PM

“[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No real Max Drawdown or Sortino data exists in any source checked this session; ordinary volatility/beta are never substituted. Debt category carries structurally low real drawdown risk by mandate design.”

STW ∅ → 6 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:11 PM

“[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Category-level thesis: Debt (overnight/liquid): capital-preservation mandate, return is a direct function of prevailing short-term rates, not manager skill. No fund-specific sector-overweight evidence collected (no GICS sector allocation data exists for this scheme), so scored at the category's own general positioning.”

VAL ∅ → 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:09 PM

“[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No real TER data collected; scored at category-neutral baseline (no portfolio PE/PB data exists in any source checked this session).”

FMQ ∅ → 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:08 PM

PQT ∅ → 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:06 PM

“[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real AUM ₹30.251 Cr vs category floor ₹1000 Cr (0.0x). Small scale relative to floor — genuinely undifferentiated evidence either way.”

CON ∅ → 6 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:04 PM

“[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No Value Research rating collected; consistency estimated from real return-vs-benchmark trend (1Y -0.38pp vs benchmark, 3Y -0.20pp vs benchmark, 5Y -0.32pp vs benchmark, SinceLaunch -2.04pp vs benchmark, avg -0.74pp).”

MOM ∅ → 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 3:34:03 PM

“[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Most recent available window (1Y: -0.38pp vs benchmark) used as the closest real proxy for near-term momentum (V6's exact 3-6M window has no data source for most equity funds in this pipeline).”