Fund Details
JM Liquid Fund Direct Dividend Daily
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.12% |
| NAV | ₹10.43 (19 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,661 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 14.0% |
| Reserve Bank of India | Financial | T-Bills | 12.2% |
| Reserve Bank of India | Financial | T-Bills | 6.9% |
| IDFC First Bank Ltd. | Financial | CD | 6.1% |
| Adani Ports and Special Economic Zone Ltd. | Services | CP | 4.1% |
| Reliance Industries Ltd. | Energy | CP | 4.1% |
| Reserve Bank of India | Financial | T-Bills | 3.0% |
| Reserve Bank of India | Financial | T-Bills | 2.2% |
| Reserve Bank of India | Financial | T-Bills | 2.0% |
| Reserve Bank of India | Financial | T-Bills | 1.6% |
Fund Managers
JM Liquid Fund Direct Dividend Daily Details
JM Liquid Fund Direct Dividend Daily 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 Liquid Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹2,661 Cr and the Latest NAV as of 19 Jan 2021 is ₹10.43.
The JM Liquid Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Investment Objective
The scheme seeks to provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in Debt and money market securities with maturity of upto 91 days only.
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.
