| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.60% |
| NAV | ₹32.30 (23 Oct 2020) |
|---|---|
| Fund Started | 24 Dec 2014 |
| Fund Size | ₹106 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 24.3% |
| GOI | Sovereign | GOI Sec | 20.2% |
| REC Ltd. | Financial | NCD | 14.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 9.8% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 5.0% |
| LIC Housing Finance Ltd. | Financial | Debenture | 5.0% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 4.9% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.9% |
| GOI | Sovereign | GOI Sec | 4.8% |
JM Dynamic Debt Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 24 Dec 2014. Shalini Tibrewala is the Current Fund Manager of JM Dynamic Debt Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹106 Cr and the Latest NAV as of 23 Oct 2020 is ₹32.30.
The JM Dynamic Debt Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.