JM Medium to Long Term Fund vs UTI Nifty 5 yr Benchmark G-Sec ETF
Direct Plan, Growth option · Data as on 30-10-2026
JM Medium to Long Term Fund is a Medium to Long Duration fund and UTI Nifty 5 yr Benchmark G-Sec ETF is an ETF fund. In the year to 30-10-2026, JM Medium to Long Term Fund (Direct) returned 1.8% and UTI Nifty 5 yr Benchmark G-Sec ETF (Direct) returned 3.1%. Their portfolios overlap 13.5%: they hold 1 of the same security.
JM Medium to Long Term Fund
Medium to Long Duration
- 1 year return
- 1.8%
- Expense ratio
- 0.60%
- NAV
- ₹71.35
UTI Nifty 5 yr Benchmark G-Sec ETF
ETF
- 1 year return
- 3.1%
- NAV
- ₹65.44
Which is better, JM Medium to Long Term or UTI Nifty 5 yr Benchmark G-Sec ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Nifty 5 yr Benchmark G-Sec ETF returned more over 1 year: 3.1% against 1.8%.
- UTI Nifty 5 yr Benchmark G-Sec ETF fell less in its worst fall since 01-02-2024: −1.9% against −2.0%.
- JM Medium to Long Term is the larger fund: ₹29 Cr against ₹26 Cr.
- Their portfolios overlap 13.5%: 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 | JM Medium to Long Term Fund | UTI Nifty 5 yr Benchmark G-Sec ETF |
|---|---|---|
| Fund house | JM Financial Mutual Fund | UTI Mutual Fund |
| Category | Medium to Long Duration | ETF |
| AUM | ₹29 Cr (30-09-2026) | ₹26 Cr (30-09-2026) |
| NAV | ₹71.35 (Direct) | ₹65.44 (Direct) |
| Expense ratio (Direct) | 0.60% | 0.00% |
| Expense ratio (Regular) | 1.03% | Not available |
| Riskometer | Moderate | Moderate |
| Benchmark | CRISIL Medium to Long Duration Debt A-III Index | Nifty 5 yr Benchmark G-sec Index |
| Launch date | 01-04-1995 | 29-01-2024 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Killol Pandya, Ruchi Fozdar, Jayant Dhoot | Jaydeep Bhowal |
| Exit load | Nil | Nil |
JM Medium to Long Term vs UTI Nifty 5 yr Benchmark G-Sec ETF: 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 |
|---|---|---|---|---|---|---|---|
| JM Medium to Long Term Fund (Direct) | −0.70% | −1.30% | +0.95% | +1.77% | +6.28% | +5.14% | +4.44% |
| UTI Nifty 5 yr Benchmark G-Sec ETF (Direct) | −0.68% | −1.25% | +1.50% | +3.08% | -- | -- | -- |
| 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.
JM Medium to Long Term vs UTI Nifty 5 yr Benchmark G-Sec ETF: Year-wise Returns
| Year | JM Medium to Long TermJM Medium to Long Term | UTI Nifty 5 yr Benchmark G-Sec ETFUTI Nifty 5 yr Benchmark G-Sec ETF |
|---|---|---|
| 2026to date | +1.26% | +2.55% |
| 2025 | +7.01% | +7.75% |
| 2024 | +8.52% | -- |
| 2023 | +7.19% | -- |
| 2022 | +1.23% | -- |
| 2021 | +2.59% | -- |
JM Medium to Long Term vs UTI Nifty 5 yr Benchmark G-Sec ETF: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 420 of them, one for each trading day from 03-02-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
JM Medium to Long Term Fund (Direct)
UTI Nifty 5 yr Benchmark G-Sec ETF (Direct)
to
Mar 2025Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Feb 2025
to
Feb 2026May 2025
to
May 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JM Medium to Long Term | 0.0 | 35.0 | 50.5 | 14.5 | 0.0 | 0.0 | 0.0 | 6.5% | 7.1% | 1.1% | 11.8% |
| UTI Nifty 5 yr Benchmark G-Sec ETF | 0.0 | 19.5 | 63.6 | 16.9 | 0.0 | 0.0 | 0.0 | 7.4% | 7.8% | 2.5% | 11.6% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 01-02-2024. Past returns do not promise future returns.
JM Medium to Long Term vs UTI Nifty 5 yr Benchmark G-Sec ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-02-2024 to 30-10-2026: 33 instalments, ₹3,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| JM Medium to Long TermJM Medium to Long Term Fund (Direct) | ₹3,30,000 | ₹3,48,579 | ₹18,579 | 3.9% |
| UTI Nifty 5 yr Benchmark G-Sec ETFUTI Nifty 5 yr Benchmark G-Sec ETF (Direct) | ₹3,30,000 | ₹3,54,064 | ₹24,064 | 5.1% |
JM Medium to Long TermJM Medium to Long Term Fund (Direct)
UTI Nifty 5 yr Benchmark G-Sec ETFUTI Nifty 5 yr Benchmark G-Sec ETF (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
JM Medium to Long Term vs UTI Nifty 5 yr Benchmark G-Sec ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JM Medium to Long Term Fund (Direct) | UTI Nifty 5 yr Benchmark G-Sec ETF (Direct) |
|---|---|---|
| Return (CAGR) | +1.77% | +3.08% |
| Standard deviation | 2.10% | 2.62% |
| Sharpe ratio | -1.66 | -0.83 |
| Sortino ratio | -2.23 | -1.19 |
| Maximum drawdown | −2.0% (23-10-2026) | −1.9% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 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.
| Measure | JM Medium to Long Term Fund (Direct) | UTI Nifty 5 yr Benchmark G-Sec ETF (Direct) |
|---|---|---|
| Return (CAGR) | +5.45% | +6.50% |
| Standard deviation | 3.97% | 2.00% |
| Sharpe ratio | -0.15 | 0.28 |
| Sortino ratio | -0.17 | 0.41 |
| Maximum drawdown | −10.6% (13-12-2019) | −1.9% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2013 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.
JM Medium to Long Term Fund (Direct)
UTI Nifty 5 yr Benchmark G-Sec ETF (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JM Medium to Long Term Fund (Direct) | −2.0% | 13-08-2026 | 23-10-2026 | Not yet | -- | −1.8% |
| UTI Nifty 5 yr Benchmark G-Sec ETF (Direct) | −1.9% | 06-08-2026 | 22-10-2026 | Not yet | -- | −1.8% |
From daily values since 01-02-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
JM Medium to Long Term Fund (Direct)
UTI Nifty 5 yr Benchmark G-Sec ETF (Direct)
JM Medium to Long Term vs UTI Nifty 5 yr Benchmark G-Sec ETF: Portfolio Overlap
From each fund's latest monthly portfolio: JM Medium to Long Term Fund, September 2026; UTI Nifty 5 yr Benchmark G-Sec ETF, September 2026
Holdings in common
- Overlap
- 13.5%
- Held by both
- 1
- Only in JM Medium to Long Term
- 7
- Only in UTI Nifty 5 yr Benchmark G-Sec ETF
- 0
| Security | % of JM Medium to Long Term | % of UTI Nifty 5 yr Benchmark G-Sec ETF |
|---|---|---|
| 6.36% GOI 16-Feb-2031 | 13.54% | 98.84% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 13.5% means 13.5% 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 JM Medium to Long Term Fund
| Security | % of fund |
|---|---|
| 6.94% GOI 11-May-2036 | 34.80% |
| 6.75% GOI 23-Dec-2029 | 13.80% |
| 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% |
Largest holdings only in UTI Nifty 5 yr Benchmark G-Sec ETF
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JM Medium to Long Term | UTI Nifty 5 yr Benchmark G-Sec ETF |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.5% | 98.8% |
| Cash and others | 5.5% | 1.2% |
JM Medium to Long Term vs UTI Nifty 5 yr Benchmark G-Sec ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JM Medium to Long Term Fund | UTI Nifty 5 yr Benchmark G-Sec ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.60% | 0.00% |
| Base expense ratio (Direct) | 0.51% | 0.00% |
| Total expense ratio (Regular) | 1.03% | Not available |
| Base expense ratio (Regular) | 0.88% | 0.19% |
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
JM Medium to Long Term Fund vs UTI Nifty 5 yr Benchmark G-Sec ETF: Frequently Asked Questions
What is the difference between JM Medium to Long Term Fund and UTI Nifty 5 yr Benchmark G-Sec ETF?
JM Medium to Long Term Fund is a Medium to Long Duration fund, UTI Nifty 5 yr Benchmark G-Sec ETF is an ETF fund, run by JM Financial Mutual Fund and UTI Mutual Fund. Their portfolios overlap 13.5%.
Which has given higher returns, JM Medium to Long Term Fund or UTI Nifty 5 yr Benchmark G-Sec ETF?
Over 1 year: JM Medium to Long Term Fund +1.77%, UTI Nifty 5 yr Benchmark G-Sec ETF +3.08%. As on 30-10-2026. Past returns do not promise future returns.
How much do JM Medium to Long Term Fund and UTI Nifty 5 yr Benchmark G-Sec ETF overlap?
13.5%. They hold 1 of the same securities, the largest shared ones being 6.36% GOI 16-Feb-2031. From each fund's latest monthly portfolio.
Which is riskier, JM Medium to Long Term Fund or UTI Nifty 5 yr Benchmark G-Sec ETF?
On SEBI's riskometer, JM Medium to Long Term Fund is rated Moderate and UTI Nifty 5 yr Benchmark G-Sec ETF Moderate. Over 1 years, the standard deviation of daily returns was 2.10% and 2.62% a year.
Can I invest in both JM Medium to Long Term Fund and UTI Nifty 5 yr Benchmark G-Sec ETF?
Yes. 13.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages JM Medium to Long Term Fund and UTI Nifty 5 yr Benchmark G-Sec ETF?
JM Medium to Long Term Fund: Killol Pandya, Ruchi Fozdar, Jayant Dhoot. UTI Nifty 5 yr Benchmark G-Sec ETF: Jaydeep Bhowal.
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.