Fund Details
JM Dynamic Debt Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.00% |
| NAV | ₹34.22 (17 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹73 Cr |
Returns
Comparison
1. Lower expense ratio - 0.52%
2. Exit load is zero
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
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 20.4% |
| GOI | Sovereign | GOI Sec | 14.1% |
| GOI | Sovereign | GOI Sec | 13.5% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 7.2% |
| REC Ltd. | Financial | NCD | 7.1% |
| LIC Housing Finance Ltd. | Financial | Debenture | 7.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 7.1% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.9% |
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 ₹73 Cr and the Latest NAV as of 17 Jun 2021 is ₹34.22.
The JM Dynamic Debt Fund Direct Growth is rated Low to 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.
