JM Low Duration Fund Direct Growth

JM Low Duration Fund Direct Growth

NAV as on 28-03-2025

₹ 37.27

0.1%

1D

Inception Returns

7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
50 people have invested ₹ 1.5Cr in JM Low Duration Fund Direct Growth in the last three months

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 . This fund is suitable to keep your money safe.

Key Parameters

  1. JM Low Duration Fund Direct Growth has ₹227 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

JM Low Duration Fund Direct Growth has given a CAGR return of 7.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.93%, 6.81% and 9.80% 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, Punjab National Bank, Power Finance Corporation Ltd., Kotak Mahindra Bank Limited, Bank Of Baroda

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
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.

JM Low Duration Fund Direct Growth Overview

Expense ratio0.35%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹227 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
323.17%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (28-Mar-25)

Period
JM Low Duration Fund Direct Growth
Low Duration Index
1M
0.8%
0.4%
3M
2.1%
1.4%
6M
3.9%
2.9%
1Y
7.9%
6.6%
3Y
6.8%
6.2%
5Y
9.8%
6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
79.3%

AA
20.7%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
63.6%
Cash Equivalent
19.3%
Government
17%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 219.4 Cr
₹ 228.8 Cr
₹ 229.9 Cr
  • AUM of the fund stands at 219.4 Cr as of Feb'25
  • AUM decreased by 9.5 Cr between Feb'25 and Jan'25
Top Stocks bought last month
National Bank For Agriculture And Rural Development's allocation increased from 5.26% to 8.66%
National Bank For Agriculture And Rural Development's allocation increased from 5.26% to 8.66%
LIC Housing Finance Ltd's allocation increased from 2.17% to 4.33%
LIC Housing Finance Ltd's allocation increased from 2.17% to 4.33%
Power Finance Corporation Ltd.'s allocation increased from 5.26% to 6.5%
Power Finance Corporation Ltd.'s allocation increased from 5.26% to 6.5%
Top Stocks sold last month
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 4.35 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 4.35 %
Godrej Industries Limited's allocation decreased from 4.39 % to 4.33 %
Godrej Industries Limited's allocation decreased from 4.39 % to 4.33 %
Export Import Bank Of India's allocation decreased from 5.26 % to 3.49 %
Export Import Bank Of India's allocation decreased from 5.26 % to 3.49 %
Cash allocation has gone up from 37.9% to 38%
Cash allocation has gone up from 37.9% to 38%
Debt allocation has gone down from 61.8% to 61.7%
Debt allocation has gone down from 61.8% to 61.7%

Top 2 Sectors in February were Corporate, Government

Feb'25
Corporate
64%
Government
17%
Jan'25
Corporate
52%
Government
19%
  • Debt & Cash

Holdings
Weight%
1M Change
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
8.79%
0%
Punjab National Bank
Punjab National Bank
8.37%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
6.6%
0%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank Limited
6.21%
0%
Bank Of Baroda
Bank Of Baroda
5.21%
100%
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Fund House
JM Financial Asset Management Limited
Total AUM
₹38.63K Cr
as on 28-Feb-2025
Address
JM Financial Asset Management Private Limited,502, 5th Floor, A - Wing,,Laxmi Towers, Bandra-Kurla Complex,,Bandra-East
Phone
+912261987777
Website
investor@jmfl.com

Mutual Fund Insights

Insights icon
In the last 1 year, Kotak Low Duration Fund- Direct Plan- Growth Option has given 8.2% return, outperforming this fund by 0.27%.
Insights icon
In the last 3 years, ICICI Prudential Savings Fund Direct Plan Growth has given 7.27% return, outperforming this fund by 0.46% per annum.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.35% which is lower than the category average expense ratio of 0.67%.

JM Low Duration Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7% since inception which is more than its category average return of 5.75%
AUM size ₹227 Cr

AUM size ₹227 Cr

This fund has AUM of ₹227 Cr which is less than its category average of ₹ 5923 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.59%

More funds from JM Financial

JM Dynamic Bond Fund (Direct) - Growth Option

JM Dynamic Bond Fund (Direct) - Growth Option

5Y CAGR

▲ 6.63

JM Medium to Long Dur Fund (Direct) - Growth Option

JM Medium to Long Dur Fund (Direct) - Growth Option

5Y CAGR

▲ 6.05

JM Short Duration Fund Direct Growth

JM Short Duration Fund Direct Growth

1Y CAGR

▲ 8.37

JM Liquid Fund (Direct) - Growth Option

JM Liquid Fund (Direct) - Growth Option

5Y CAGR

▲ 5.44

JM Overnight Fund Direct Growth

JM Overnight Fund Direct Growth

5Y CAGR

▲ 5.00

Frequently Asked Questions for JM Low Duration Fund Direct Growth

The current NAV of JM Low Duration Fund Direct Growth is ₹37.27 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
JM Low Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.8%
0.8%
6 Month Returns
3.92%
3.92%
1 Year Returns
7.93%
7.93%
3 Years Returns
21.84%
6.81%
5 Years Returns
59.58%
9.8%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.35% as on March 2025
₹227 Cr as on March 2025
National Bank For Agriculture And Rural Development(8.79%), Punjab National Bank(8.37%), Power Finance Corporation Ltd.(6.6%), Kotak Mahindra Bank Limited(6.21%), Bank Of Baroda(5.21%) as on March 2025
Corporate(60.53%), Cash Equivalent(20.28%), Government(19.18%) as on March 2025
Yield to Maturity is 7.74 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.94 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
79.29
AA
20.71
The Exit load of JM Low Duration Fund Direct Growth is 0%