Fund Details
JM Dynamic Debt Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.52% |
| NAV | ₹33.70 (27 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹98 Cr |
Returns
Comparison
1. Lower expense ratio - 0.52%
2. Exit load is zero
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 22.7% |
| GOI | Sovereign | GOI Sec | 16.1% |
| REC Ltd. | Financial | NCD | 10.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 10.8% |
| GOI | Sovereign | GOI Sec | 10.3% |
| GOI | Sovereign | GOI Sec | 5.5% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 5.5% |
| LIC Housing Finance Ltd. | Financial | Debenture | 5.4% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 5.4% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.3% |
Fund Managers
JM Dynamic Debt Fund Direct Growth Details
JM Dynamic Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shalini Tibrewala is the Current Fund Manager of JM Dynamic Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹98 Cr and the Latest NAV as of 27 Jan 2021 is ₹33.70.
The JM Dynamic Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to actively manage a portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unit holders.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
