Overview
JM Low Duration Fund Direct Plan Growth
JM Financial Mutual Fund
The scheme seeks to generate stable long term returns with low risk strategy and capital appreciation/accretion besides preservation of capital through investments in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.
Investments in JM Low Duration Fund Direct Plan Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 37.5773
Fund Size (AUM)
₹223.94 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹100
Launch Date
02-Jan-2013
Expense Ratio
0.35%
Exit Load
Nil
Benchmark
CRISIL Low Duration Debt A-I Index
Standard Deviation
0.51
History
Performance & Ratios
1-Year SIP Return
8.66%
3-Year SIP Return
7.74%
5-Year SIP Return
7.15%
Mean Return
-
Alpha
2.83
Beta
1.14
Sharpe Ratio
0.88
Sortino Ratio
0.88
Information Ratio
10.08
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 8.26% | 6.99% | 9.85% | 5.92% |
| Category Average | 7.78% | 6.66% | 6.2% | N/A |
| Rank Within Category | 14 | 17 | 1 | N/A |
Holdings (29)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | NCD | 8.92% |
| Punjab National Bank | Financial | CD | 8.52% |
| Power Finance Corporation Ltd. | Financial | Debenture | 6.68% |
| Shriram Finance Ltd | Financial | Debenture | 4.49% |
| 360 ONE Wealth Ltd. | Financial | NCD | 4.48% |
| Small Industries Devp. Bank of India Ltd. | Financial | NCD | 4.47% |
| Godrej Industries Ltd. | Consumer Staples | NCD | 4.46% |
| Piramal Capital & Housing Finance Ltd. | Financial | CP | 4.41% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.22% |
| Bajaj Housing Finance Ltd. | Financial | NCD | 4.04% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Low Duration Fund Direct Growth | 11918.97 | 8.33 | 7.37 | 0.42 | N/A |
| Sundaram Low Duration Fund Direct Growth | 342.03 | 8.49 | 7.28 | 0.39 | N/A |
| Axis Treasury Advantage Fund Direct Growth | 5830.11 | 8.38 | 7.25 | 0.34 | N/A |
| SBI Magnum Low Duration Fund Direct Plan Growth | 14392.26 | 8.27 | 7.16 | 0.43 | N/A |
| LIC MF Low Duration Fund Direct Growth | 1449.53 | 8.3 | 7.06 | 0.25 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 10, 15, 20, 25
Min Amount: ₹ 1000
Min Installments: 6
AMC Details
Asset Management Company
JM Financial Mutual Fund
JM Financial Mutual Fund started their mutual fund on 15/09/1994 and its managing total assets of ₹13,952 Cr. Its ranked at 18 as per total assets at end of 30th Sep 2017. JM Financial Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
The fund was launched on 15th September 1994 and JM Financial Trustee Company Private Limited acts as the trustee company to JM Financial Mutual Fund.
The main motto of JM Financial is to create wealth for each and every customer. The asset management company wants to be a trusted source to its investors and make them believe that being trustworthy is the most efficient way of generating and long-term business.
The main objectives of the fund is integrity, teamwork, client focus, innovation, implementation and adequate performance. It hosts a bouquet of mutual funds for retail as well as institutional investors and their mission is to mitigate risk, while generating returns over different categories. The professionals aim to scientifically take investment decisions, in order to seek the best possible results.
Launch Date
1994-09-15T00:00:00.745Z
Total AUM
₹ 13432.84 Cr
Address
Office B-8th Floor-Cnergy,Appasaheb Marathe Marg,Prabhadevi, Mumbai 400025
Phone
022-33797777 / 1800-103-8345
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
JM Low Duration Fund Direct Plan Growth
JM Financial Mutual Fund
You May Be Interested In
DSP Gilt Fund Direct Plan Growth
Gilt
Tata Short Term Bond Direct Plan Growth
Short Duration
Nippon India Dynamic Bond Fund Direct Growth
Dynamic Bond
LIC MF Medium to Long Duration Fund Direct Growth
Medium to Long Duration
Bajaj Finserv Overnight Fund Direct Growth
Overnight
UTI Corporate Bond Fund Direct Growth
Corporate Bond
UTI Credit Risk Fund Direct Growth
Credit Risk
Mirae Asset Short Duration Fund Direct Growth
Short Duration
Bandhan Liquid Fund Direct Plan Growth
Liquid
Franklin India Government Securities Fund Direct Growth
Gilt
Explore More Mutual Funds
Small Cap Equity Funds
Find top small cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Multi Cap Equity Funds
Find top multi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Flexi Cap Equity Funds
Find top flexi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Liquid Debt Funds
Find top liquid debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Corporate Bond Debt Funds
Find top corporate bond debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Aggressive Hybrid Funds
Find top aggressive hybrid funds. Filter by AMC, NAV, and fund size to choose the best funds.
Conservative Hybrid Funds
Find top conservative hybrid funds. Filter by AMC, NAV, and fund size to choose the best funds.
Top Multi Cap Mutual Funds
Find the best multi cap funds with high ratings. Screen top funds by performance, NAV, and fund size.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for JM Low Duration Fund Direct Plan Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of JM Low Duration Fund Direct Plan Growth?
The top stocks held by JM Low Duration Fund Direct Plan Growth include National Bank For Agriculture & Rural Development, Punjab National Bank, Power Finance Corporation Ltd..
Which industries does JM Low Duration Fund Direct Plan Growth invest in?
JM Low Duration Fund Direct Plan Growth primarily invests in the following industries: Financial, Consumer Staples, Energy.
Who are the fund managers of JM Low Duration Fund Direct Plan Growth?
The fund managers of JM Low Duration Fund Direct Plan Growth are Killol Pandya and Naghma Khoja and Ruchi Fozdar.
How many years has the fund manager been managing JM Low Duration Fund Direct Plan Growth?
Killol Pandya:
Calculating...
Naghma Khoja:
Calculating...
Ruchi Fozdar:
Calculating...
What is the minimum investment for JM Low Duration Fund Direct Plan Growth?
The minimum investment for JM Low Duration Fund Direct Plan Growth is ₹1000 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for JM Low Duration Fund Direct Plan Growth?
Calculating...
What are the average 3-year returns for JM Low Duration Fund Direct Plan Growth?
Calculating...
What is the expense ratio of JM Low Duration Fund Direct Plan Growth, and how does it compare to its category?
The expense ratio of JM Low Duration Fund Direct Plan Growth is 0.35%. The average expense ratio for similar funds in the Debt is Calculating....