|Min SIP Amount||Not Supported|
|NAV||₹10.43 (25 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹3,012 Cr|
|Reserve Bank of India||Financial||T-Bills||11.1%|
|Punjab National Bank||Financial||CD||8.3%|
|Reserve Bank of India||Financial||T-Bills||8.1%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||CP||6.6%|
|Grasim Industries Ltd.||Construction||CP||5.0%|
|ICICI Securities Ltd.||Financial||CP||3.3%|
|National Fertilizers Ltd.||Chemicals||CP||3.3%|
|Adani Ports and Special Economic Zone Ltd.||Services||CP||3.3%|
|Reserve Bank of India||Financial||T-Bills||3.3%|
|Reliance Jio Infocomm Ltd.||Communication||CP||3.3%|
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 ₹3,012 Cr and the Latest NAV as of 25 Sep 2020 is ₹10.43.
The JM Liquid Fund Direct Dividend Daily is rated 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.