SBI Debt Fund vs JM Financial Multi Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
14.51%
3Y Return
20.86%
Aaj hum do alag-alag prakaar ke mutual funds ke beech kar rahe hain, SBI Debt Fund aur JM Financial Multi Cap Fund. Ye duniya ke sabse bade mutual fund market, India mein, hain. Is article mein hum aapko dikhayenge ki yeh do funds aapke paise ke liye best hain ya nahi, aur kyun.
| Parameter | ASBI Debt Fund - Direct Plan - Growth | BJM Financial Multi Cap Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | SBI Mutual Fund | JM Financial |
| Category | Debt | Multi Cap |
| NAV (₹) | 13.73 | 19.01 |
| AUM (₹ Cr) | 8.34 Lac Cr | 1.63 Lac Cr |
| Expense Ratio (%) | 0.71% | 1.68% |
| Riskometer | Moderate | Very High |
| Volatility | 3 | 14.35 |
| Sharpe Ratio | 2.67 | 1 |
| 1 Year Return (%) | 4.95% | 5.23% |
| 3 Year Return (%) | 14.51% | 20.86% |
| 5 Year Return (%) | 12.09% | 0% |
| Since Launch (%) | N/A | 21.47% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 9 April 2018 | 3 February 2023 |
| Exit Load | Nil | Nil |
| Fund Manager | Ardhendu Bhattacharya; Ruchit Mehta (4.1 years yrs) | Asit Bhandarkar (3.5 years yrs) |
| Benchmark | CRISIL Composite Bond Fund Index | Nifty 500 Multicap 50:25:25 TRI |
| Top 3 Holdings | National Bank For Agriculture And Rural Development (5.8%), Power Finance Corporation Ltd. (5.2%), Rural Electrification Corporation Ltd. (4.9%) | HDFC Bank Ltd. (6.5%), ICICI Bank Ltd. (5.8%), Reliance Industries Ltd. (4.9%) |
| Asset Allocation | Debenture: 40.00% | SDL: 30.00% | T-Bills: 20.00% | GOI Sec: 10.00% | Equity: 97.00% | T-Bills: 3.00% |
| Portfolio Turnover | 150% | 44% |
🤖 AI Verdict – Which is Better?
Sach ye hai, Fund A, SBI Debt Fund, long-term wealth creation ke liye behtar hai. Iska 3Y return 14.51% hai, jo Fund B ke 3Y return, 20.86% se kam hai. Adhik risk ke saath Fund B ka expense ratio 1.68% hai, jo Fund A ke expense ratio, 0.71% se adhik hai. Hum dekhte hain, Fund A ka riskometer moderate hai, aur iska Sharpe ratio 2.67 hai, jo Fund B ka 1 se kam hai.
Why consider SBI Debt Fund?
- Expense ratio: 0.71%
- 3Y return: 14.51%
- AUM: 8.34 Lac Cr
- Sharpe Ratio: 2.67
Why consider JM Financial Multi Cap Fund?
- Expense ratio: 1.68%
- 3Y return: 20.86%
- AUM: 1.63 Lac Cr
- Sharpe Ratio: 1
📈 SIP Suitability
Sach ye hai, Fund A, SBI Debt Fund, monthly SIP ke liye behtar fund hai. Iska 1Y return 4.95% hai, jo Fund B ke 1Y return, 5.23% se kam hai. Lehkar, Fund A ka consistency aur return stability Fund B se behtar hai.
⚠️ Risk & Cost Analysis
Chaliye, hum riskometer, volatility, Sharpe ratio, aur expense ratio ke beech karein. Fund A ka riskometer moderate hai, aur iska Sharpe ratio 2.67 hai. Fund B ka riskometer very high hai, aur iska Sharpe ratio 1 hai. Isliye, Fund A aapke paise ke liye behtar risk-adjusted returns offer karta hai.
📊 Portfolio Diversification
Sach ye hai, Fund A ka asset allocation aur top holdings concentration Fund B se behtar hai. Fund A ka 40% debenture, 30% SDL, aur 20% T-Bills mein hai. Fund B ka 97% equity aur 3% T-Bills mein hai. Isliye, Fund A ka portfolio adhik diversified hai.
SIP Calculator – Compare Growth Potential
SBI Debt Fund
₹1351949.82
@14.5% annual return (3Y)
JM Financial Multi Cap Fund
₹2021967.48
@20.9% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
Sach ye hai, Fund A ka 5Y return 12.09% hai, jo Fund B ke 5Y return 0% se behtar hai. Isliye, Fund A long-term wealth creation ke liye behtar hai.
Q2: Is the higher risk fund worth it?
Haan, Fund B ka riskometer very high hai, lekin iska Sharpe ratio Fund A ke compare to thoda kam hai. Lekin, yadi aap aapke paise ko adhik return chahte hain, to Fund B ki koshish kar sakte hain.
Q3: Which fund is more cost-effective?
Sach ye hai, Fund A ka expense ratio 0.71% hai, jo Fund B ke expense ratio 1.68% se kam hai. Isliye, Fund A aapke paise ke liye behtar cost-effective hai.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price