Fund Details
JM Liquid Fund Dividend Weekly
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.14% |
| NAV | ₹11.01 (30 Nov 2020) |
|---|---|
| Fund Started | 31 Dec 1997 |
| Fund Size | ₹2,405 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 3 years
2. Risk is lower compared to the benchmark
3. Age is more than 3 years
4. 3Y Returns are higher than the category average returns
1. 1Y Returns are lower than the benchmark
2. 3Y Returns are lower than the benchmark
3. 5Y Returns are lower than the benchmark
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 15.6% |
| Reserve Bank of India | Financial | T-Bills | 8.3% |
| IDFC First Bank Ltd. | Financial | CD | 6.2% |
| Reserve Bank of India | Financial | T-Bills | 6.0% |
| Axis Bank Ltd. | Financial | CD | 4.2% |
| National Fertilizers Ltd. | Chemicals | CP | 4.2% |
| Reserve Bank of India | Financial | T-Bills | 4.1% |
| 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 | 2.9% |
Fund Managers
JM Liquid Fund Dividend Weekly Details
JM Liquid Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 31 Dec 1997. Shalini Tibrewala is the Current Fund Manager of JM Liquid Fund Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹2,405 Cr and the Latest NAV as of 30 Nov 2020 is ₹11.01.
The JM Liquid Fund Dividend Weekly 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.
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.
