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JM Income Fund Direct Growth-0.05%

5.27%
1 Year Return
Debt
Medium to Long Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

JM Income Fund Direct Growth

RiskLow to Moderate
Min SIP Amount₹500
Expense Ratio0.00%
NAV₹54.49 (15 Jun 2021)
Fund Started01 Jan 2013
Fund Size18 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.3%
3.3%
4.2%
5.6%
Category Average
7.2%
7.2%
6.8%
-
Rank Within Category
9
13
13
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.3% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.4%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec58.2%

Fund Managers

Vikas Agrawal
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JM Income Fund Direct Growth Details

JM Income 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. Vikas Agarwal is the Current Fund Manager of JM Income Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹18 Cr and the Latest NAV as of 15 Jun 2021 is ₹54.49.

The JM Income Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to provide high degree of liquidity, along with current income and capital preservation through a mix of debt and equity.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About JM Financial Mutual Fund

Address
Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051
Phone
022-61987777
Launch Date
15 Sep 1994
Website
NA
JM Financial Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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