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Fund Overview

Fund Size

Fund Size

₹130 Cr

Expense Ratio

Expense Ratio

0.34%

ISIN

ISIN

INF192K01MP8

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

29 Aug 2022

About this fund

JM Short Duration Fund Direct Growth is a Short Duration mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 1 years, 8 months and 23 days, having been launched on 29-Aug-22.
As of 21-May-24, it has a Net Asset Value (NAV) of ₹11.20, Assets Under Management (AUM) of 129.56 Crores, and an expense ratio of 0.34%.
  • JM Short Duration Fund Direct Growth has given a CAGR return of 6.78% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 96.37% in debts, and 3.38% in cash & cash equivalents.
  • You can start investing in JM Short 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

+6.77%

+5.34% (Cat Avg.)

Since Inception

+6.78%

(Cat Avg.)

Portfolio Summaryas of 15th May 2024

Debt124.86 Cr96.37%
Others4.71 Cr3.63%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.1% Govt Stock 2029Bond - Gov't/Treasury20 Cr15.31%
7.37% Govt Stock 2028Bond - Gov't/Treasury18.2 Cr13.93%
Export Import Bank Of IndiaBond - Corporate Bond10.03 Cr7.68%
7.06% Govt Stock 2028Bond - Gov't/Treasury9.99 Cr7.65%
HDFC Bank LimitedBond - Corporate Bond8.98 Cr6.87%
LIC Housing Finance LimitedBond - Corporate Bond7.97 Cr6.10%
Small Industries Development Bank of IndiaBond - Corporate Bond7.49 Cr5.74%
Sikka Ports & Terminals LimitedBond - Corporate Bond5.88 Cr4.50%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond5.01 Cr3.83%
ICICI Home Finance LimitedBond - Corporate Bond5 Cr3.83%
Bajaj Finance LimitedBond - Corporate Bond4.99 Cr3.82%
Rural Electrification Corporation LimitedBond - Corporate Bond4.98 Cr3.81%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond4.97 Cr3.80%
Jamnagar Utilities & Power Private LimitedBond - Corporate Bond4.84 Cr3.70%
7.38% Govt Stock 2027Bond - Gov't/Treasury4.03 Cr3.09%
Power Finance Corporation LimitedBond - Corporate Bond3.53 Cr2.70%
Net Current AssetsCash2.47 Cr1.89%
Treps-Triparty RepoCash - Repurchase Agreement1.94 Cr1.49%
Corporate Debt Market Development Fund - Class A2 UnitsMutual Fund - Open End0.33 Cr0.25%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond73.67 Cr56.39%
Bond - Gov't/Treasury52.22 Cr39.98%
Cash2.47 Cr1.89%
Cash - Repurchase Agreement1.94 Cr1.49%
Mutual Fund - Open End0.33 Cr0.25%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

1.93%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-0.54

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.02

Higher the better

Fund Managers

GW

Gurvinder Wasan

Since August 2022

NK

Naghma Khoja

Since April 2024

RF

Ruchi Fozdar

Since April 2024

Additional Scheme Detailsas of 15th May 2024

ISININF192K01MP8Expense Ratio0.34%Exit LoadNo ChargesFund Size₹130 CrAge29 Aug 2022Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Short 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 Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Axis Short Term Fund Regular Growth

Moderate Risk

0.9%0.0%₹7945.25 Cr6.6%
Mirae Asset Short Term Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹346.19 Cr6.2%
Tata Short Term Bond Fund Regular Growth

Moderate Risk

1.2%0.0%₹2226.82 Cr6.2%
Bandhan Bond Fund - Short Term Plan Regular Growth

Moderate Risk

0.8%0.0%₹8649.34 Cr6.6%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹346.19 Cr7.1%
ICICI Prudential Short Term Fund Regular Growth

Moderate Risk

1.1%0.0%₹18091.83 Cr7.3%
Mahindra Manulife Short Duration Fund Regular Growth

Moderate Risk

1.3%0.0%₹49.87 Cr6.4%
Mahindra Manulife Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹49.87 Cr7.5%
Nippon India Short Term Fund Regular Growth

Moderate Risk

0.9%0.0%₹5485.10 Cr6.7%
HDFC Short Term Debt Fund Regular Growth

Moderate Risk

0.6%0.0%₹12947.96 Cr7.2%

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 Cr7.9%
JM Equity Hybrid Fund Direct Growth

Very High Risk

0.6%1.0%₹262.45 Cr60.5%
JM Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹97.82 Cr55.3%
JM Value Fund Direct Growth

Very High Risk

1.0%1.0%₹665.51 Cr69.1%
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 Cr49.7%
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 Cr6.3%
JM Medium to Long Duration Fund Direct Growth

Moderate Risk

0.6%0.0%₹22.87 Cr6.4%
JM Flexicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2107.42 Cr70.7%
JM Tax Gain Fund Direct Growth

Very High Risk

1.1%0.0%₹141.14 Cr52.6%
JM Midcap Fund Direct Growth

Very High Risk

0.4%1.0%₹955.02 Cr76.4%
JM Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹286.13 Cr6.8%
JM Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹129.56 Cr6.8%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of JM Short Duration Fund Direct Growth, as of 21-May-2024, is ₹11.20.
The fund's allocation of assets is distributed as 0.00% in equities, 96.37% in bonds, and 3.38% in cash and cash equivalents.
The fund managers responsible for JM Short Duration Fund Direct Growth are:-
  1. Gurvinder Wasan
  2. Naghma Khoja
  3. Ruchi Fozdar