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Fund Overview

Fund Size

Fund Size

₹2,233 Cr

Expense Ratio

Expense Ratio

0.16%

ISIN

ISIN

INF192K01CM6

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

JM Liquid Fund Direct Growth is a Liquid mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹66.62, Assets Under Management (AUM) of 2232.82 Crores, and an expense ratio of 0.16%.
  • JM Liquid Fund Direct Growth has given a CAGR return of 6.86% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.77% in cash & cash equivalents.
  • You can start investing in JM Liquid 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

+7.31%

+5.99% (Cat Avg.)

3 Years

+5.66%

+4.83% (Cat Avg.)

5 Years

+5.21%

+4.25% (Cat Avg.)

10 Years

+6.51%

+5.14% (Cat Avg.)

Since Inception

+6.86%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Others2,232.82 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Treps-Triparty RepoCash - Repurchase Agreement270.85 Cr12.85%
Union Bank Of IndiaCash - CD/Time Deposit99.9 Cr4.74%
Small Industries Development Bank of IndiaCash - Commercial Paper99.84 Cr4.74%
State Bank Of IndiaCash - CD/Time Deposit74.77 Cr3.55%
ICICI Bank LimitedCash - CD/Time Deposit74.38 Cr3.53%
India (Republic of)Bond - Short-term Government Bills69.9 Cr3.32%
India (Republic of)Bond - Short-term Government Bills59.36 Cr2.82%
Axis Bank Ltd.Bond - Corporate Bond54.41 Cr2.58%
Canara BankCash - CD/Time Deposit49.95 Cr2.37%
Export-Import Bank of IndiaCash - Commercial Paper49.94 Cr2.37%
Canara BankCash - CD/Time Deposit49.93 Cr2.37%
Bank Of BarodaCash - CD/Time Deposit49.92 Cr2.37%
HDFC Securities LimitedCash - Commercial Paper49.88 Cr2.37%
Axis Bank LimitedCash - CD/Time Deposit49.86 Cr2.37%
Bank Of BarodaCash - CD/Time Deposit49.84 Cr2.37%
Indian BankBond - Gov't Agency Debt49.8 Cr2.36%
HDFC Bank LimitedCash - CD/Time Deposit49.74 Cr2.36%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit49.72 Cr2.36%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit49.65 Cr2.36%
Icici Securities LimitedCash - Commercial Paper49.63 Cr2.36%
Canara BankCash - CD/Time Deposit49.6 Cr2.35%
Axis Bank LimitedCash - CD/Time Deposit49.51 Cr2.35%
Export-Import Bank of IndiaCash - Commercial Paper49.51 Cr2.35%
Bank of BarodaBond - Corporate Bond49.48 Cr2.35%
HDFC Bank LimitedCash - CD/Time Deposit44.62 Cr2.12%
ICICI Securities LimitedCash - Commercial Paper39.84 Cr1.89%
Piramal Capital & Housing Finance Ltd.Cash - Commercial Paper39.53 Cr1.88%
India (Republic of)Bond - Short-term Government Bills37.89 Cr1.80%
Rural Electrification Corporation LimitedBond - Corporate Bond34.91 Cr1.66%
Shriram Transport Finance Company LimitedBond - Corporate Bond25.03 Cr1.19%
TATA Motors Finance LimitedBond - Corporate Bond25.03 Cr1.19%
Rec LimitedBond - Corporate Bond25.01 Cr1.19%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper24.97 Cr1.18%
Sikka Ports & Terminals LtdCash - Commercial Paper24.96 Cr1.18%
Muthoot Finance LimitedCash - Commercial Paper24.93 Cr1.18%
Axis Finance LimitedBond - Corporate Bond24.92 Cr1.18%
Axis Bank LimitedCash - CD/Time Deposit24.92 Cr1.18%
Piramal Capital & Housing Finance LimitedCash - Commercial Paper24.88 Cr1.18%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.86 Cr1.18%
Bajaj Housing Finance LimitedBond - Corporate Bond17.97 Cr0.85%
182 DTB 23052024Bond - Gov't/Treasury16.93 Cr0.80%
Net Current AssetsCash8.63 Cr0.41%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit4.99 Cr0.24%
364 DTB 23052024Bond - Gov't/Treasury4.98 Cr0.24%
Corporate Debt Market Development Fund - Class A2 UnitsMutual Fund - Open End4.91 Cr0.23%
India (Republic of)Bond - Short-term Government Bills2.96 Cr0.14%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit846.18 Cr40.16%
Cash - Commercial Paper477.91 Cr22.68%
Cash - Repurchase Agreement270.85 Cr12.85%
Bond - Corporate Bond256.76 Cr12.19%
Bond - Short-term Government Bills170.11 Cr8.07%
Bond - Gov't Agency Debt49.8 Cr2.36%
Bond - Gov't/Treasury21.91 Cr1.04%
Cash8.63 Cr0.41%
Mutual Fund - Open End4.91 Cr0.23%

Risk & Performance Ratios

Standard Deviation

This fund

0.47%

Cat. avg.

0.50%

Lower the better

Sharpe Ratio

This fund

0.65

Cat. avg.

-2.15

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-1.09

Higher the better

Fund Managers

GW

Gurvinder Wasan

Since April 2024

NK

Naghma Khoja

Since October 2021

RF

Ruchi Fozdar

Since April 2024

Additional Scheme Detailsas of 30th April 2024

ISININF192K01CM6Expense Ratio0.16%Exit LoadNo ChargesFund Size₹2,233 CrAge01 Jan 2013Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Liquid Debt 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.

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1Y
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Low to Moderate Risk

0.2%0.0%₹92.37 Cr6.9%
Motilal Oswal Liquid Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹594.57 Cr6.8%
Motilal Oswal Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹594.57 Cr7.0%
Kotak Nifty 1D Rate Liquid ETF

Low Risk

0.2%-₹48.10 Cr6.0%
Invesco India Liquid Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹10053.20 Cr7.2%
TrustMF Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹228.88 Cr7.3%
360 ONE Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹720.33 Cr7.1%
360 ONE Liquid Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹720.33 Cr7.1%
TrustMF Liquid Fund Regular Growth

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About the AMC

Total AUM

₹6,922 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

0.4%0.0%₹139.73 Cr8.0%
JM Equity Hybrid Fund Direct Growth

Very High Risk

0.6%1.0%₹262.45 Cr60.4%
JM Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹97.82 Cr55.6%
JM Value Fund Direct Growth

Very High Risk

1.0%1.0%₹665.51 Cr68.1%
JM Low Duration Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹262.36 Cr7.3%
JM Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹144.17 Cr47.5%
JM Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2232.82 Cr7.3%
JM Dynamic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹40.39 Cr6.0%
JM Medium to Long Duration Fund Direct Growth

Moderate Risk

0.6%0.0%₹22.87 Cr6.0%
JM Flexicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2107.42 Cr68.4%
JM Tax Gain Fund Direct Growth

Very High Risk

1.1%0.0%₹141.14 Cr51.9%
JM Midcap Fund Direct Growth

Very High Risk

0.4%1.0%₹955.02 Cr75.1%
JM Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹286.13 Cr6.7%
JM Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹129.56 Cr6.7%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of JM Liquid Fund Direct Growth, as of 17-May-2024, is ₹66.62.
The fund has generated 7.31% over the last 1 year and 5.66% 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, 0.00% in bonds, and 99.77% in cash and cash equivalents.
The fund managers responsible for JM Liquid Fund Direct Growth are:-
  1. Gurvinder Wasan
  2. Naghma Khoja
  3. Ruchi Fozdar