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JM Liquid Fund Direct Growth
+6.90%
3Y annualised
+0.01% 1D
NAV: 20 Jul '26
₹76.77
Min. for SIP
₹100
Fund size (AUM)
₹1,759.18 Cr
Expense ratio
0.16%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,775 | +2.96% | |
| 3 years | ₹1,80,000 | ₹1,98,166 | +10.09% | |
| 5 years | ₹3,00,000 | ₹3,53,222 | +17.74% | |
| 10 years | ₹6,00,000 | ₹8,14,455 | +35.74% |
Holdings (33)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reverse Repo | Unspecified | Reverse Repo | 16.43% |
| 91 Days Tbill (MD 17/09/2026) | Financial | Treasury Bills | 11.24% |
| ICICI BANK LIMITED CD 31AUG26 | Financial | Certificate of Deposit | 5.62% |
| HDB FINANCIAL SERVICES LIMITED SR A/1(FX)/169 OPT 3 6.35 NCD 11SP26FVRS10LAC | Financial | Debenture | 4.26% |
| AXIS BANK LIMITED CD 10SEP26 | Financial | Certificate of Deposit | 4.21% |
| ICICI Bank Limited (15/09/2026) | Financial | Certificate of Deposit | 4.21% |
| GOVERNMENT OF INDIA 37477 091 DAYS TBILL 03SP26 FV RS 100 | Financial | Treasury Bills | 2.82% |
| HDFC BANK LIMITED CD 24AUG26 | Financial | Certificate of Deposit | 2.82% |
| AU SMALL FINANCE BANK LIMITED CD 28AUG26 | Financial | Certificate of Deposit | 2.81% |
| RELIANCE RETAIL VENTURES LIMITED 91D CP 02SEP26 | Diversified | Commercial Paper | 2.81% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 91D CP 03SEP26 | Financial | Commercial Paper | 2.81% |
| L&T FINANCE LIMITED 91D CP 01SEP26 | Financial | Commercial Paper | 2.81% |
| BANK OF BARODA CD 07SEP26 | Financial | Certificate of Deposit | 2.81% |
| HDFC SECURITIES LIMITED 91D CP 03SEP26 | Financial | Commercial Paper | 2.81% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 07SEP26 | Financial | Commercial Paper | 2.81% |
| EXPORT IMPORT BANK OF INDIA 91D CP 09SEP26 | Financial | Certificate of Deposit | 2.81% |
| HDFC BANK LIMITED CD 10SEP26 | Financial | Certificate of Deposit | 2.81% |
| PUNJAB & SIND BANK CD 11SEP26 | Financial | Certificate of Deposit | 2.81% |
| PNB HOUSING FINANCE LIMITED 91D CP 08SEP26 | Financial | Commercial Paper | 2.81% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 91D CP 11SEP26 | Financial | Commercial Paper | 2.81% |
| GODREJ PROPERTIES LIMITED 91D CP 10SEP26 | Real Estate | Commercial Paper | 2.81% |
| ICICI SECURITIES LIMITED 91D CP 10SEP26 | Financial | Commercial Paper | 2.80% |
| TATA CAPITAL LIMITED 365D CP 16SEP26 | Financial | Commercial Paper | 2.80% |
| TATA HOUSING DEVELOPMENT COMPANY LIMITED 91D CP 15SEP26 | Industrials | Commercial Paper | 2.80% |
| UNION BANK OF INDIA CD 24SEP26 | Financial | Certificate of Deposit | 2.80% |
| ADITYA BIRLA MONEY LTD** | Financial | Commercial Paper | 2.80% |
| HDFC SECURITIES LTD RED 18-09-26** | Financial | Commercial Paper | 2.80% |
| BANK OF BARODA CD 20AUG26 | Financial | Certificate of Deposit | 2.54% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR I 7.43 BD 31AU26 FVRS1LAC | Financial | Debenture | 1.42% |
| 91 DAYS T-BILL - 24SEP2026 | Financial | Treasury Bills | 1.40% |
| KOTAK MAHINDRA PRIME LIMITED 326D CP 07SEP26 | Financial | Commercial Paper | 1.40% |
| Others Class A2 AIF | Unspecified | Alternative Investment Fund | 0.48% |
| Net Payables | Unspecified | Net Payables | -12.18% |
See All
Minimum investments
Min. for 1st investment
₹1,000
Min. for 2nd investment
₹100
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +6.9% | +6.2% | +6.1% | +6.8% |
| Category average (Debt Liquid) | +6.8% | +5.7% | +6.0% | -- |
| Rank (Debt Liquid) | 28 | 27 | 18 | -- |
Exit load, stamp duty and tax
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 on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +6.44% | +7.03% | 63,686.62 | |
 | +6.44% | +7.03% | 44,865.85 | |
 | +6.42% | +7.03% | 12,258.55 | |
 | +6.40% | +7.01% | 748.23 | |
 | +6.42% | +7.01% | 2,915.47 | |
| Compare | ||||
Fund management
RFRuchi FozdarApr 2024 - PresentView details
RF
Ruchi Fozdar
Apr 2024 - Present
View details
JDJayant DhootAug 2025 - PresentView details
JD
Jayant Dhoot
Aug 2025 - Present
View details
KPKillol PandyaNov 2024 - PresentView details
KP
Killol Pandya
Nov 2024 - Present
View details
About JM Liquid Fund Direct Growth
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 15 Sep 1994. Ruchi Fozdar is the Current Fund Manager of JM Liquid Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹12,746 Cr and the Latest NAV as of 20 Jul 2026 is ₹76.77.
The JM Liquid Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. 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.
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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.
Fund benchmarkCRISIL Liquid Debt A-I Index
Fund house
Rank (total assets)#32 in India
Total AUM₹12,746.12 Cr
Date of Incorporation15 Sep 1994
Launch Date15 Sep 1994
AddressOne International Centre, 22nd Floor,Tower 2, Senapati Bapat Marg,Prabhadevi, Mumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,