|Risk||Low to Moderate|
|Min SIP Amount||₹500|
|NAV||₹55.93 (11 Apr 2021)|
|Fund Started||31 Dec 1997|
|Fund Size||₹1,216 Cr|
|Reserve Bank of India||Financial||T-Bills||22.1%|
|Reserve Bank of India||Financial||T-Bills||9.6%|
|Adani Ports and Special Economic Zone Ltd.||Services||CP||3.7%|
|Reliance Industries Ltd.||Energy||CP||3.7%|
|Birla Group Holdings Pvt. Ltd.||Financial||CP||3.7%|
|Reserve Bank of India||Financial||T-Bills||0.7%|
|Reserve Bank of India||Financial||T-Bills||0.4%|
JM Liquid Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,216 Cr and the Latest NAV as of 11 Apr 2021 is ₹55.93.
The JM Liquid Fund 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.