JM Short Duration Fund Direct Growth
Debt
Direct
Short Duration
NAV as on 06-01-2025
₹ 11.76
Inception Returns
7.1%
/yr
About JM Short Duration Fund Direct Growth
JM Short Duration Fund Direct Growth is a debt fund. This fund was started on 29 August, 2022. The fund is managed by Gurvinder Wasan. This fund is suitable to keep your money safe.
Key Parameters
- JM Short Duration Fund Direct Growth has ₹124 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
JM Short Duration Fund Direct Growth has given a CAGR return of 7.12% since inception. Over the last 1 year the fund has given a CAGR return of 7.86%.
Holdings
JM Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.04% Govt Stock 2029, HDFC Bank Limited, 7.32% Govt Stock 2030, LIC Housing Finance Limited, Small Industries Development Bank Of India
Taxation
As it is a short 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 Short Duration Fund Direct Growth
The Scheme will endeavor to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Short Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
JM Short Duration Fund Direct Growth Overview
| Expense ratio | 0.36% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹124 Cr |
| Inception Date | 29 August, 2022 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 268.4% |
| 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 |   Moderate Risk |
Trailing Returns
as on (06-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 125.6 Cr as of Nov'24
- AUM decreased by 0.4 Cr between Nov'24 and Oct'24
Top 2 Sectors in November were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.04% Govt Stock 2029 | 12.7% | 0% | |
HDFC Bank Limited | 7.52% | 0% | |
7.32% Govt Stock 2030 | 6.87% | 0% | |
LIC Housing Finance Limited | 6.7% | 0% | |
Small Industries Development Bank Of India | 6.3% | 0% |
JM Short Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹124 Cr
Expense Ratio 0.36%
Frequently Asked Questions for JM Short Duration Fund Direct Growth
JM Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.39% | 0.39% |
6 Month Returns | 4.02% | 4.02% |
1 Year Returns | 7.86% | 7.86% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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 |