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Fund Overview

Fund Size

Fund Size

₹262 Cr

Expense Ratio

Expense Ratio

0.38%

ISIN

ISIN

INF192K01DW3

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

JM Low Duration Fund Direct Growth is a Low Duration mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 11 years, 4 months and 19 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹34.88, Assets Under Management (AUM) of 262.36 Crores, and an expense ratio of 0.38%.
  • JM Low Duration Fund Direct Growth has given a CAGR return of 6.93% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 69.53% in debts, and 30.29% in cash & cash equivalents.
  • You can start investing in JM Low Duration 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

+7.25%

+6.07% (Cat Avg.)

3 Years

+5.60%

+5.11% (Cat Avg.)

5 Years

+5.42%

+5.04% (Cat Avg.)

10 Years

+6.60%

+5.62% (Cat Avg.)

Since Inception

+6.93%

(Cat Avg.)

Portfolio Summaryas of 15th May 2024

Debt182.42 Cr69.53%
Others79.94 Cr30.47%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LimitedCash - CD/Time Deposit24.39 Cr9.29%
Axis Bank Ltd.Bond - Corporate Bond19.84 Cr7.56%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond19.66 Cr7.49%
7.38% Govt Stock 2027Bond - Gov't/Treasury17.13 Cr6.53%
Larsen And Toubro LimitedBond - Corporate Bond15 Cr5.72%
Power Finance Corporation Ltd.Bond - Corporate Bond14.9 Cr5.68%
Treps-Triparty RepoCash - Repurchase Agreement13.61 Cr5.19%
Rural Electrification Corporation LimitedBond - Corporate Bond10.04 Cr3.83%
360 One Prime LimitedBond - Corporate Bond10 Cr3.81%
Small Industries Development Bank Of IndiaBond - Corporate Bond9.99 Cr3.81%
Mahindra Rural Housing Finance LimitedBond - Corporate Bond9.96 Cr3.80%
Piramal Capital & Housing Finance Ltd.Cash - Commercial Paper9.92 Cr3.78%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond9.89 Cr3.77%
LIC Housing Finance LtdBond - Corporate Bond9.85 Cr3.76%
Export Import Bank Of IndiaBond - Corporate Bond8.08 Cr3.08%
5.63% Govt Stock 2026Bond - Gov't/Treasury7.8 Cr2.97%
Sikka Ports & Terminals LimitedBond - Corporate Bond6.86 Cr2.62%
Tata Capital LimitedBond - Corporate Bond5.44 Cr2.07%
08.06 MH Sdl 2025Bond - Gov't/Treasury5.03 Cr1.92%
ICICI Securities LimitedCash - Commercial Paper4.99 Cr1.90%
LIC Housing Finance LtdBond - Corporate Bond4.98 Cr1.90%
HDFC Bank LimitedCash - CD/Time Deposit4.97 Cr1.90%
Tmf Holdings LimitedBond - Corporate Bond4.96 Cr1.89%
Godrej Industries LimitedBond - Corporate Bond4.95 Cr1.89%
Ntpc LimitedBond - Corporate Bond4.86 Cr1.85%
7.37% Govt Stock 2028Bond - Gov't/Treasury3.03 Cr1.16%
BRitannia Industries LtdBond - Corporate Bond2.1 Cr0.80%
Net Current AssetsCash-1.34 Cr0.51%
182 DTB 06062024Bond - Gov't/Treasury1 Cr0.38%
Corporate Debt Market Development Fund - Class A2 UnitsMutual Fund - Open End0.46 Cr0.18%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond171.36 Cr65.32%
Bond - Gov't/Treasury33.99 Cr12.96%
Cash - CD/Time Deposit29.36 Cr11.19%
Cash - Commercial Paper14.91 Cr5.68%
Cash - Repurchase Agreement13.61 Cr5.19%
Cash-1.34 Cr0.51%
Mutual Fund - Open End0.46 Cr0.18%
Bond - Short-term Government Bills0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

0.56%

Cat. avg.

0.90%

Lower the better

Sharpe Ratio

This fund

-0.04

Cat. avg.

-0.61

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.24

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 15th May 2024

ISININF192K01DW3Expense Ratio0.38%Exit LoadNo ChargesFund Size₹262 CrAge01 Jan 2013Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCrisil Low Duration 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.

Similar Low Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Low Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹561.13 Cr7.6%
Mahindra Manulife Low Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹561.13 Cr6.8%
Tata Treasury Advantage Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹2349.85 Cr6.9%
Kotak Low Duration Fund Regular Growth

Moderate Risk

1.2%0.0%₹9235.14 Cr6.8%
Mirae Asset Savings Fund Regular Growth

Moderate Risk

0.9%0.0%₹594.96 Cr7.1%
HDFC Low Duration Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹16714.34 Cr7.1%
Bandhan Low Duration Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹5228.75 Cr6.9%
Canara Robeco Savings Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹836.57 Cr7.0%
ICICI Prudential Savings Fund Regular Growth

Moderate Risk

0.5%0.0%₹18176.12 Cr7.8%
Sundaram Low Duration Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹514.99 Cr6.6%

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 Low Duration Fund Direct Growth, as of 17-May-2024, is ₹34.88.
The fund has generated 7.25% over the last 1 year and 5.60% 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, 69.53% in bonds, and 30.29% in cash and cash equivalents.
The fund managers responsible for JM Low Duration Fund Direct Growth are:-
  1. Gurvinder Wasan
  2. Naghma Khoja
  3. Ruchi Fozdar