Debt
Direct
Dynamic Bond
NAV as on 06-09-2024
₹ 41.31
Inception Returns
7.6%
/yr
JM Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan. This fund is suitable to keep your money safe.
JM Dynamic Bond Fund Direct Growth has given a CAGR return of 7.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.42%, 6.01% and 6.14% respectively.
JM Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 7.1% Govt Stock 2034, 7.23% Govt Stock 2039, 7.32% Govt Stock 2030, 7.18% Govt Stock 2033
As it is a dynamic bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
The investment objective will be to actively manage a portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unit holders. Investors are required to read all the scheme related information set out in the offer documents carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Dynamic Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.52% |
Benchmark | CRISIL Composite Bond Fund TR INR |
AUM | ₹43 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 485.66% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top Sector in July was Government
JM Dynamic Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 4.2% | 4.2% |
1 Year Returns | 8.42% | 8.42% |
3 Years Returns | 19.12% | 6.01% |
5 Years Returns | 34.73% | 6.14% |
AAA | 100 |