DSP Nifty 10 Yr Benchmark G-Sec ETF vs JM Medium to Long Term Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP Nifty 10 Yr Benchmark G-Sec ETF is an ETF fund and JM Medium to Long Term Fund is a Medium to Long Duration fund. DSP Nifty 10 Yr Benchmark G-Sec ETF charges 0.16% a year and JM Medium to Long Term Fund 0.60%. Their portfolios overlap 34.8%: they hold 1 of the same security.
DSP Nifty 10 Yr Benchmark G-Sec ETF
ETF
- Expense ratio
- 0.16%
- NAV
- ₹26.09
JM Medium to Long Term Fund
Medium to Long Duration
- Expense ratio
- 0.60%
- NAV
- ₹71.35
Which is better, DSP Nifty 10 Yr Benchmark G-Sec ETF or JM Medium to Long Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Nifty 10 Yr Benchmark G-Sec ETF costs less: 0.16% a year against 0.60%.
- JM Medium to Long Term fell less in its worst fall since 14-08-2026: −2.0% against −3.4%.
- JM Medium to Long Term is the larger fund: ₹29 Cr against ₹14 Cr.
- Their portfolios overlap 34.8%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | DSP Nifty 10 Yr Benchmark G-Sec ETF | JM Medium to Long Term Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | JM Financial Mutual Fund |
| Category | ETF | Medium to Long Duration |
| AUM | ₹14 Cr (30-09-2026) | ₹29 Cr (30-09-2026) |
| NAV | ₹26.09 | ₹71.35 (Direct) |
| Expense ratio (Direct) | Not available | 0.60% |
| Expense ratio (Regular) | Not available | 1.03% |
| Riskometer | Moderate | Moderate |
| Benchmark | Nifty 10 yr Benchmark G-Sec Index | CRISIL Medium to Long Duration Debt A-III Index |
| Launch date | 14-08-2026 | 01-04-1995 |
| Minimum investment | ₹5,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Killol Pandya, Ruchi Fozdar, Jayant Dhoot |
| Exit load | Nil | Nil |
DSP Nifty 10 Yr Benchmark G-Sec ETF vs JM Medium to Long Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP Nifty 10 Yr Benchmark G-Sec ETF | −1.06% | -- | -- | -- | -- | -- | -- |
| JM Medium to Long Term Fund (Direct) | −0.70% | −1.30% | +0.95% | +1.77% | +6.28% | +5.14% | +4.44% |
| Medium to Long Duration average | −0.59% | −0.88% | +1.83% | +2.86% | +6.52% | +5.71% | +6.19% |
Category average: the average of the 13 Medium to Long Duration funds, same plan type.
DSP Nifty 10 Yr Benchmark G-Sec ETF vs JM Medium to Long Term: Year-wise Returns
| Year | DSP Nifty 10 Yr Benchmark G-Sec ETFDSP Nifty 10 Yr Benchmark G-Sec ETF | JM Medium to Long TermJM Medium to Long Term |
|---|---|---|
| 2026to date | -- | +1.26% |
| 2025 | -- | +7.01% |
| 2024 | -- | +8.52% |
| 2023 | -- | +7.19% |
| 2022 | -- | +1.23% |
| 2021 | -- | +2.59% |
DSP Nifty 10 Yr Benchmark G-Sec ETF vs JM Medium to Long Term: Rolling Returns
Every holding period of both funds
DSP Nifty 10 Yr Benchmark G-Sec ETF vs JM Medium to Long Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty 10 Yr Benchmark G-Sec ETF | JM Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | −13.41% | +5.45% |
| Standard deviation | 3.18% | 3.97% |
| Sharpe ratio | -5.87 | -0.15 |
| Sortino ratio | -6.17 | -0.17 |
| Maximum drawdown | −3.4% (23-10-2026) | −10.6% (13-12-2019) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 14-08-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
DSP Nifty 10 Yr Benchmark G-Sec ETF
JM Medium to Long Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty 10 Yr Benchmark G-Sec ETF | −3.4% | 14-08-2026 | 23-10-2026 | Not yet | -- | −3.0% |
| JM Medium to Long Term Fund (Direct) | −2.0% | 14-08-2026 | 23-10-2026 | Not yet | -- | −1.8% |
From daily values since 14-08-2026, the first day every fund has.
DSP Nifty 10 Yr Benchmark G-Sec ETF vs JM Medium to Long Term: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty 10 Yr Benchmark G-Sec ETF, September 2026; JM Medium to Long Term Fund, September 2026
Holdings in common
- Overlap
- 34.8%
- Held by both
- 1
- Only in DSP Nifty 10 Yr Benchmark G-Sec ETF
- 0
- Only in JM Medium to Long Term
- 7
| Security | % of DSP Nifty 10 Yr Benchmark G-Sec ETF | % of JM Medium to Long Term |
|---|---|---|
| 6.94% GOI 11052036 | 99.32% | 34.80% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.8% means 34.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in DSP Nifty 10 Yr Benchmark G-Sec ETF
Every holding of this fund is also held by the other.
Largest holdings only in JM Medium to Long Term Fund
| Security | % of fund |
|---|---|
| 6.75% GOI 23-Dec-2029 | 13.80% |
| 6.36% GOI 16-Feb-2031 | 13.54% |
| 7.23% Power Finance Corporation Limited 05-JAN-2027 | 8.63% |
| 7.55% REC Limited 11-MAY-2030 | 8.55% |
| 7.08% Bajaj Housing Finance Ltd 12-JUN-2030 | 8.31% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Nifty 10 Yr Benchmark G-Sec ETF | JM Medium to Long Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 99.3% | 94.5% |
| Cash and others | 0.7% | 5.5% |
DSP Nifty 10 Yr Benchmark G-Sec ETF vs JM Medium to Long Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty 10 Yr Benchmark G-Sec ETF | JM Medium to Long Term Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.60% |
| Base expense ratio (Direct) | 0.13% | 0.51% |
| Total expense ratio (Regular) | Not available | 1.03% |
| Base expense ratio (Regular) | 0.00% | 0.88% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare JM Medium to Long Term with
DSP Nifty 10 Yr Benchmark G-Sec ETF vs JM Medium to Long Term Fund: Frequently Asked Questions
What is the difference between DSP Nifty 10 Yr Benchmark G-Sec ETF and JM Medium to Long Term Fund?
DSP Nifty 10 Yr Benchmark G-Sec ETF is an ETF fund, JM Medium to Long Term Fund is a Medium to Long Duration fund, run by DSP Mutual Fund and JM Financial Mutual Fund. Their portfolios overlap 34.8%. DSP Nifty 10 Yr Benchmark G-Sec ETF charges 0.16% a year and JM Medium to Long Term Fund 0.60%.
Which has the lower expense ratio, DSP Nifty 10 Yr Benchmark G-Sec ETF or JM Medium to Long Term Fund?
DSP Nifty 10 Yr Benchmark G-Sec ETF charges less: 0.16% a year against 0.60%. These are the total expense ratios reported to AMFI.
How much do DSP Nifty 10 Yr Benchmark G-Sec ETF and JM Medium to Long Term Fund overlap?
34.8%. They hold 1 of the same securities, the largest shared ones being 6.94% GOI 11052036. From each fund's latest monthly portfolio.
Which is riskier, DSP Nifty 10 Yr Benchmark G-Sec ETF or JM Medium to Long Term Fund?
On SEBI's riskometer, DSP Nifty 10 Yr Benchmark G-Sec ETF is rated Moderate and JM Medium to Long Term Fund Moderate. Over their common history, the standard deviation of daily returns was 3.18% and 3.97% a year.
Can I invest in both DSP Nifty 10 Yr Benchmark G-Sec ETF and JM Medium to Long Term Fund?
Yes. 34.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP Nifty 10 Yr Benchmark G-Sec ETF and JM Medium to Long Term Fund?
DSP Nifty 10 Yr Benchmark G-Sec ETF: Anil Ghelani, Diipesh Shah, Neha Rathi. JM Medium to Long Term Fund: Killol Pandya, Ruchi Fozdar, Jayant Dhoot.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.