JM Low Duration Fund Direct Growth
Debt
Direct
Low Duration
NAV as on 22-11-2024
₹ 36.27
Inception Returns
7%
/yr
About JM Low Duration Fund Direct Growth
JM Low Duration 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.
Key Parameters
- JM Low Duration Fund Direct Growth has ₹233 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
JM Low Duration Fund Direct Growth has given a CAGR return of 6.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.78%, 6.34% and 9.59% respectively.
Holdings
JM Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are National Bank For Agriculture And Rural Development, Larsen And Toubro Limited, Cholamandalam Investment And Finance Company Limited, Power Finance Corporation Ltd., 7.37% Govt Stock 2028
Taxation
As it is a low duration 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.
Investment objective of JM Low Duration Fund Direct Growth
To generate stable long term returns with low risk strategy and capital appreciation/accretion besides preservation of capital through investments in Debt & Money Market instruments such that the Macaulay duration# of the portfolio is between 6 months - 12 months. Investors are required to read all the scheme related information 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 and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Low Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
JM Low Duration Fund Direct Growth Overview
| Expense ratio | 0.31% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹233 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 323.17% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 225.7 Cr as of Oct'24
- AUM decreased by 14.6 Cr between Oct'24 and Sep'24
Top 2 Sectors in October were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 8.55% | 0% | |
Larsen And Toubro Limited | 6.44% | 0% | |
Cholamandalam Investment And Finance Company Limited | 6.42% | 0% | |
Power Finance Corporation Ltd. | 6.41% | 0% | |
7.37% Govt Stock 2028 | 4.82% | 0% |
Mutual Fund Insights
JM Low Duration Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹233 Cr
Expense Ratio 0.31%
Frequently Asked Questions for JM Low Duration Fund Direct Growth
JM Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 7.78% | 7.78% |
3 Years Returns | 20.25% | 6.34% |
5 Years Returns | 58.07% | 9.59% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 83.45 |
AA | 16.55 |