JM Liquid Fund Direct Growth
Capital PreservationLiquidLow to Moderate Risk
Direct
NAV (14-Sep-26)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,849 Cr
Expense Ratio
0.16%
ISIN
INF192K01CM6
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 14-Sep-26, it has a Net Asset Value (NAV) of ₹77.53, Assets Under Management (AUM) of 2849.26 Crores, and an expense ratio of 0.16%.
- JM Liquid Fund Direct Growth has given a CAGR return of 6.84% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.35% 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
+6.42%
+5.83% (Cat Avg.)
3 Years
+6.89%
+6.36% (Cat Avg.)
5 Years
+6.30%
+5.81% (Cat Avg.)
10 Years
+6.10%
+5.17% (Cat Avg.)
Since Inception
+6.84%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2026
| Others | ₹2,849.26 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Ccil | Cash - Repurchase Agreement | ₹163.07 Cr | 12.63% |
| India (Republic of) | Bond - Short-term Government Bills | ₹98.75 Cr | 7.65% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹98.61 Cr | 7.64% |
| L&T Finance Ltd. | Cash - Commercial Paper | ₹98.52 Cr | 7.63% |
| Bank of Baroda | Bond - Corporate Bond | ₹98.51 Cr | 7.63% |
| REC Ltd. | Cash - Commercial Paper | ₹74.13 Cr | 5.74% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹73.93 Cr | 5.73% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹49.85 Cr | 3.86% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.79 Cr | 3.86% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹49.78 Cr | 3.86% |
| Tata Housing Development Co Ltd. | Cash - Commercial Paper | ₹49.74 Cr | 3.85% |
| Aditya Birla Money Ltd. | Cash - Commercial Paper | ₹49.71 Cr | 3.85% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹49.41 Cr | 3.83% |
| Indian Bank | Bond - Gov't Agency Debt | ₹49.38 Cr | 3.82% |
| Union Bank of India | Bond - Corporate Bond | ₹49.38 Cr | 3.82% |
| Redington Ltd. | Cash - Commercial Paper | ₹49.2 Cr | 3.81% |
| Bajaj Financial Securities Limited | Cash - Commercial Paper | ₹49.17 Cr | 3.81% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.94 Cr | 1.93% |
| Manappuram Finance Limited | Cash - Commercial Paper | ₹24.86 Cr | 1.93% |
| Kotak Mahindra Prime Limited | Cash - Commercial Paper | ₹19.92 Cr | 1.54% |
| L&T Finance Limited | Cash - Commercial Paper | ₹9.97 Cr | 0.77% |
| Corporate Debt Market Development Fund - Class A2 Units | Mutual Fund - Unspecified | ₹8.42 Cr | 0.65% |
| India (Republic of) | Bond - Short-term Government Bills | ₹1.98 Cr | 0.15% |
| Net Receivable/Payable | Cash | ₹0.07 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹524.85 Cr | 40.65% |
| Cash - CD/Time Deposit | ₹222.33 Cr | 17.22% |
| Bond - Corporate Bond | ₹197.3 Cr | 15.28% |
| Cash - Repurchase Agreement | ₹163.07 Cr | 12.63% |
| Bond - Short-term Government Bills | ₹125.67 Cr | 9.73% |
| Bond - Gov't Agency Debt | ₹49.38 Cr | 3.82% |
| Mutual Fund - Unspecified | ₹8.42 Cr | 0.65% |
| Cash | ₹0.07 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
0.20%
Cat. avg.
0.35%
Lower the better
Sharpe Ratio
This fund
2.70
Cat. avg.
0.24
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
12.71
Higher the better
Fund Managers
Killol Pandya
Since November 2024
Ruchi Fozdar
Since April 2024
Jayant Dhoot
Since August 2025
Additional Scheme Detailsas of 15th August 2026
ISIN INF192K01CM6 | Expense Ratio 0.16% | Exit Load No Charges | Fund Size ₹2,849 Cr | Age 13 years 8 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Liquid Debt TR INR |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| UTI Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29217.85 Cr | 6.5% |
| JioBlackRock Liquid Fund Regular Growth Low to Moderate Risk | - | 0.0% | ₹10937.16 Cr | - |
| ASK Liquid Fund Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| ASK Liquid Fund Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| UTI Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹29217.85 Cr | 6.6% |
| UTI Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29217.85 Cr | 6.5% |
| The Wealth Company Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹670.53 Cr | - |
| Abakkus Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹483.25 Cr | - |
| Abakkus Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹483.25 Cr | - |
| Capitalmind Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹100.34 Cr | - |
| Capitalmind Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹100.34 Cr | - |
| The Wealth Company Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹670.53 Cr | - |
| JioBlackRock Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹10937.16 Cr | 6.6% |
| Unifi Liquid Fund Regular Growth Low to Moderate Risk | 0.1% | 0.0% | ₹48.87 Cr | 5.8% |
| Unifi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹48.87 Cr | 5.9% |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹1009.40 Cr | 5.0% |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹204.93 Cr | 6.3% |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹204.93 Cr | 6.2% |
| DSP S&P BSE Liquid Rate ETF Low Risk | 0.3% | - | ₹1904.83 Cr | 4.9% |
| HDFC Nifty 1D Rate Liquid ETF Low Risk | 0.5% | - | ₹29.44 Cr | 5.3% |
| Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 12 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Mirae Asset Cash Management Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹13190.24 Cr | 6.5% |
| LIC MF Liquid Plan Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹16824.07 Cr | 6.5% |
| ICICI Prudential Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹66219.93 Cr | 6.5% |
| ITI Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹52.01 Cr | 6.1% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹52.01 Cr | 6.2% |
| Navi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹76.37 Cr | 5.8% |
| Sundaram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹10633.07 Cr | 6.6% |
| Bandhan Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹19030.95 Cr | 6.5% |
| Groww Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹381.39 Cr | 6.5% |
| Nippon India Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹43654.33 Cr | 6.6% |
| Union Liquid Regular Growth Low to Moderate Risk | 0.1% | 0.0% | ₹7564.22 Cr | 6.4% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2849.26 Cr | 6.4% |
| Edelweiss Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹12902.22 Cr | 6.6% |
| Invesco India Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹20366.84 Cr | 6.5% |
| Kotak Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹46102.17 Cr | 6.5% |
| WhiteOak Capital Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹672.30 Cr | 6.4% |
| WhiteOak Capital Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹672.30 Cr | 6.3% |
| Mahindra Manulife Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹1279.86 Cr | 6.4% |
| Mahindra Manulife Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹1279.86 Cr | 6.6% |
| Quantum Liquid Fund Regular Growth Low Risk | 0.3% | 0.0% | ₹556.28 Cr | 5.8% |
| Mirae Asset Cash Management Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹13190.24 Cr | 6.3% |
| Axis Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹63342.66 Cr | 6.5% |
| Bajaj Finserv Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹8588.55 Cr | 6.3% |
| Bajaj Finserv Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹8588.55 Cr | 6.5% |
| SBI Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹92191.69 Cr | 6.4% |
| UTI Liquid Fund Cash Plan Direct Growth Moderate Risk | 0.2% | 0.0% | ₹33248.42 Cr | 6.4% |
About the AMC
JM Financial Mutual Fund
Total AUM
₹14,062 Cr
Address
502, 5th Floor, A - Wing, Mumbai, 400 051
Other Funds by JM Financial Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| JM Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | - | - |
| JM Large & Mid Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹447.35 Cr | 5.0% |
| JM Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹99.45 Cr | 5.1% |
| JM Small Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹868.32 Cr | 19.0% |
| 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 | 1.5% | 0.0% | ₹391.43 Cr | 6.3% |
| JM Equity Hybrid Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹703.72 Cr | 0.6% |
| JM Focused Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹289.02 Cr | 2.8% |
| JM Value Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹806.59 Cr | 0.7% |
| JM Low Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹216.92 Cr | 6.3% |
| JM Large Cap Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹401.97 Cr | 0.6% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2849.26 Cr | 6.4% |
| JM Dynamic Bond Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹53.12 Cr | 4.2% |
| JM Medium to Long Duration Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹30.30 Cr | 3.8% |
| JM Flexicap Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹5184.63 Cr | 2.6% |
| JM Tax Gain Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹242.31 Cr | 9.1% |
| JM Midcap Fund Direct Growth High Risk | 0.9% | 1.0% | ₹1295.14 Cr | 9.3% |
| JM Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹200.81 Cr | 6.8% |
| JM Short Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹81.59 Cr | 5.5% |
Risk Level
Your principal amount will be at Low to Moderate Risk
Take control of your wealth
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- Killol Pandya
- Ruchi Fozdar
- Jayant Dhoot
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