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Fund Overview

Fund Size

Fund Size

₹40 Cr

Expense Ratio

Expense Ratio

0.63%

ISIN

ISIN

INF192K01DD3

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

JM Dynamic Bond Fund Direct Growth is a Dynamic Bond mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 11 years, 3 months and 16 days, having been launched on 01-Jan-13.
As of 16-Apr-24, it has a Net Asset Value (NAV) of ₹39.64, Assets Under Management (AUM) of 40.39 Crores, and an expense ratio of 0.63%.
  • JM Dynamic Bond Fund Direct Growth has given a CAGR return of 7.44% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 89.87% in debts, and 9.85% in cash & cash equivalents.
  • You can start investing in JM Dynamic Bond Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.34%

+5.51%(Cat. Avg.)

3 Years

+5.37%

+4.87%(Cat. Avg.)

5 Years

+5.83%

+5.80%(Cat. Avg.)

10 Years

+7.25%

+6.63%(Cat. Avg.)

Since Inception

+7.44%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt36.3 Cr89.87%
Others4.09 Cr10.13%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.18% Govt Stock 2037Bond - Gov't/Treasury17.63 Cr43.65%
7.18% Govt Stock 2033Bond - Gov't/Treasury12.61 Cr31.21%
Treps-Triparty RepoCash - Repurchase Agreement4.58 Cr11.34%
7.38% Govt Stock 2027Bond - Gov't/Treasury4.04 Cr9.99%
7.37% Govt Stock 2028Bond - Gov't/Treasury2.02 Cr5.01%
Net Current AssetsCash-0.6 Cr1.49%
Corporate Debt Market Development Fund - Class A2 UnitsMutual Fund - Open End0.11 Cr0.28%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Gov't/Treasury36.3 Cr89.87%
Cash - Repurchase Agreement4.58 Cr11.34%
Cash-0.6 Cr1.49%
Mutual Fund - Open End0.11 Cr0.28%

Risk & Performance Ratios

Standard Deviation

This fund

1.15%

Cat. avg.

2.67%

Lower the better

Sharpe Ratio

This fund

0.21

Cat. avg.

-0.19

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.23

Higher the better

Fund Managers

GW

Gurvinder Wasan

Since April 2022

NK

Naghma Khoja

Since April 2024

RF

Ruchi Fozdar

Since April 2024

Additional Scheme Detailsas of 31st March 2024

ISININF192K01DD3Expense Ratio0.63%Exit LoadNo ChargesFund Size₹40 CrAge01 Jan 2013Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Dynamic Bond TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Bond Funds

Fund nameExpense RatioExit LoadFund size
1Y
Canara Robeco Dynamic Bond Regular Growth

Moderate Risk

1.8%0.0%₹110.03 Cr5.6%
Kotak Dynamic Bond Fund Regular Growth

Moderately High risk

1.3%0.0%₹2544.14 Cr7.2%
HDFC Dynamic Debt Fund Regular Growth

Moderate Risk

0.8%0.0%₹663.55 Cr6.7%
Bandhan Dynamic Bond Fund Regular Growth

Moderate Risk

1.6%0.0%₹2337.12 Cr6.5%
Nippon India Dynamic Bond Fund Regular Growth

Moderate Risk

0.7%0.0%₹4559.36 Cr7.0%
Mahindra Manulife Dynamic Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹64.16 Cr7.2%
Mahindra Manulife Dynamic Bond Fund Regular Growth

Moderate Risk

1.6%0.0%₹64.16 Cr6.0%
SBI Dynamic Bond Regular Growth

Moderate Risk

1.4%0.0%₹3069.97 Cr6.9%
Baroda BNP Paribas Dynamic Bond Fund Regular Growth

Moderate Risk

1.7%0.0%₹141.25 Cr6.2%
Groww Dynamic Bond Fund Regular Growth

Moderate Risk

1.4%0.0%₹37.92 Cr5.1%

About the AMC

Total AUM

₹5,841 Cr

Address

502, 5th Floor, A - Wing, Mumbai, 400 051

Other Funds by JM Financial Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
JM Fixed Maturity Fund Series 28 Plan B Direct Growth

Moderate Risk

-0.0%--
JM Fixed Maturity Fund Series 28 Plan A Direct Growth

Moderate Risk

-0.0%--
JM Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹126.72 Cr8.0%
JM Equity Hybrid Fund Direct Growth

Very High Risk

0.3%1.0%₹222.76 Cr51.8%
JM Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹88.96 Cr50.3%
JM Value Fund Direct Growth

Very High Risk

0.8%1.0%₹580.51 Cr61.1%
JM Low Duration Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹236.45 Cr7.4%
JM Large Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹118.71 Cr43.9%
JM Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1590.44 Cr7.3%
JM Dynamic Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹40.39 Cr6.3%
JM Medium to Long Duration Fund Direct Growth

Moderate Risk

0.5%0.0%₹22.32 Cr6.6%
JM Flexicap Fund Direct Growth

Very High Risk

0.2%1.0%₹1773.87 Cr60.1%
JM Tax Gain Fund Direct Growth

Very High Risk

0.9%0.0%₹127.83 Cr46.4%
JM Midcap Fund Direct Growth

Very High Risk

0.3%1.0%₹825.47 Cr64.2%
JM Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹314.94 Cr6.8%
JM Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹127.66 Cr6.8%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of JM Dynamic Bond Fund Direct Growth, as of 16-Apr-2024, is ₹39.64.
The fund has generated 6.34% over the last 1 year and 5.37% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 89.87% in bonds, and 9.85% in cash and cash equivalents.
The fund managers responsible for JM Dynamic Bond Fund Direct Growth are:-
  1. Gurvinder Wasan
  2. Naghma Khoja
  3. Ruchi Fozdar