| NAV: 16 May 2022 | ₹10.43 |
| Min. SIP amount | NA |
| Rating | 3 |
| Fund size | ₹2,463.60Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.5% | 4.2% | 5.4% | 6.9% |
| Category average | 3.1% | 5.1% | 5.8% | NA |
| Rank with in category | 5 | 25 | 18 | NA |
Holdings (32)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Indian Oil Corporation Ltd. | Energy | CP | 3.7% |
Godrej & Boyce Mfg. Co. Ltd. | Diversified | CP | 3.7% |
| Nabha Power Ltd. | Capital Goods | CP | 3.7% |
Indian Bank | Financial | CD | 3.7% |
Canara Bank | Financial | CD | 3.7% |
L&T Finance Ltd. | Financial | CP | 3.7% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.7% |
HDFC Bank Ltd. | Financial | CD | 3.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.7% |
Indusind Bank Ltd. | Financial | CD | 3.7% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.15%
Inclusive of GST
Exit load
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.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | NA |
Fund management
Shalini TibrewalaJan 2013 - PresentView details
Naghma KhojaOct 2021 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in JM Liquid Fund Direct IDCW Daily?
You can easily invest in JM Liquid Fund Direct IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for JM Liquid Fund Direct IDCW Daily from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in JM Liquid Fund Direct IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does JM Liquid Fund Direct IDCW Daily provide?
The JM Liquid Fund Direct IDCW Daily has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.53% since its inception.
How much expense ratio is charged by JM Liquid Fund Direct IDCW Daily?
The term
Expense Ratio used for JM Liquid Fund Direct IDCW Daily or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of JM Liquid Fund Direct IDCW Daily is 0.15% as of 17 May 2022...
What is the AUM of JM Liquid Fund Direct IDCW Daily?
The AUM, short for Assets Under Management of JM Liquid Fund Direct IDCW Daily is ₹2,463.60Cr as of 17 May 2022.
How to Redeem JM Liquid Fund Direct IDCW Daily?
If you want to sell your JM Liquid Fund Direct IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of JM Liquid Fund Direct IDCW Daily?
What is the NAV of JM Liquid Fund Direct IDCW Daily?
The NAV of JM Liquid Fund Direct IDCW Daily is ₹10.43 as of 16 May 2022.
