JM Medium to Long Dur Fund Direct Growth
Debt
Direct
Medium To Long Duration
NAV as on 03-09-2024
₹ 64.4
Inception Returns
5.6%
/yr
About the Fund
JM Medium to Long Dur 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 Medium to Long Dur Fund Direct Growth has ₹24 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
JM Medium to Long Dur Fund Direct Growth has given a CAGR return of 5.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.44%, 5.08% and 5.01% respectively.
Holdings
JM Medium to Long Dur Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Consumer Cyclical, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 7.1% Govt Stock 2034, 7.37% Govt Stock 2028, 7.18% Govt Stock 2033, Corporate Debt Market Development Fund - Class A2 Units
Taxation
As it is a medium to long 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 Medium to Long Dur Fund Direct Growth
To generate stable long term returns with low risk strategy and capital appreciation / accretion through investment in debt instruments and related securities besides preservation of capital.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Medium to Long Dur Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.62% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹24 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 324.92% |
| 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 |
Trailing Returns
as on (03-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 23.9 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 3 Sectors in July were Government, Financial Services & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2037 | 46.66% | 0% | |
7.1% Govt Stock 2034 | 29.55% | 0% | |
7.37% Govt Stock 2028 | 8.48% | 0% | |
7.18% Govt Stock 2033 | 2.11% | 0% | |
Corporate Debt Market Development Fund - Class A2 Units | 0.26% | 0% |
Mutual Fund Insights
JM Medium to Long Dur Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.62%
Frequently Asked Questions
JM Medium to Long Dur Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.78% | 0.78% |
6 Month Returns | 4.2% | 4.2% |
1 Year Returns | 8.44% | 8.44% |
3 Years Returns | 16.02% | 5.08% |
5 Years Returns | 27.7% | 5.01% |
- 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 | 100 |