He then starred with Asha Parekh for several hits like Phir Wohi Dil Laya Hoon, Love in Tokyo, Ziddi and Hum Hindustani.

Despite a late success with home production Ek Baar Muskura Do (1972) with brother Deb Mukherjee and later to be sister-in-law Tanuja, Joy faded from the silver screen.

This film's success solved his insolvency problems which arose due to production of Love in Bombay.

Love in Bombay brought financial trouble for Joy Mukherjee but his wife Neelam, who released the movie 40 years later, said that despite losing everything, the film remained very close to him.

Joy Mukherjee died on 9 March 2012 in Mumbai's Leelavati Hospital, exactly two weeks after his 73rd birthday, where he had been on a ventilator.