|Risk||Low to Moderate|
|Min SIP Amount||₹500|
|NAV||₹56.64 (17 Jun 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,273 Cr|
|Reserve Bank of India||Financial||T-Bills||19.6%|
|Bank Of Baroda||Financial||CD||5.9%|
|Reliance Industries Ltd.||Energy||CP||3.9%|
|Axis Bank Ltd.||Financial||CD||3.9%|
|Federal Bank Ltd.||Financial||CD||3.9%|
|Reliance Retail Ventures Ltd.||Services||CP||3.9%|
|Punjab & Sind Bank||Financial||CD||3.9%|
|National Bank For Agriculture & Rural Development||Financial||CD||3.9%|
|Indian Oil Corpn. Ltd.||Energy||CP||3.9%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||CP||3.9%|
JM Liquid 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 Liquid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,273 Cr and the Latest NAV as of 17 Jun 2021 is ₹56.64.
The JM Liquid Fund Direct Growth is rated Low to Moderate 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.