Debt
Direct
Low Duration
NAV as on 23-12-2024
₹ 36.47
Inception Returns
7%
/yr
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.
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 7.77%, 6.45% and 9.62% respectively.
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, Punjab National Bank, Larsen And Toubro Limited, Power Finance Corporation Ltd., 7.37% Govt Stock 2028
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.
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 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.
Expense ratio | 0.35% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹232 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 323.17% |
STCG | Selling mutual fund 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 |
as on (23-Dec-24)
as on (31-Dec-69)
Top 2 Sectors in November were Corporate, Government
JM Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.81% | 3.81% |
1 Year Returns | 7.77% | 7.77% |
3 Years Returns | 20.61% | 6.45% |
5 Years Returns | 58.29% | 9.62% |
AAA | 81.75 |
AA | 18.25 |