JM Ultra Short Duration Fund Direct Plan Dividend Daily+0.01%

1
5.87%
1 Year Return
Debt
Ultra Short Duration
1.0star
6M
1Y
3Y
5Y
All

Fund Details

JM Ultra Short Duration Fund Direct Plan Dividend Daily

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.50%
NAV10.34 (25 Sep 2020)
Fund Started01 Jan 2013
Fund Size35 Cr

Returns

1Y
3Y*
5Y*
Since inception*
JM Ultra Short Duration Fund Direct Plan Dividend Daily
5.9%
4.8%
6.3%
7.3%
Category Average
6.1%
6.0%
6.6%
-
Rank within category
20
15
13
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.9% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk-adjusted returns are lower compared to the category
    4. 1Y Returns are lower than the category average returns
    5. 3Y Returns are lower than the category average returns
    6. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills14.3%
    Reserve Bank of IndiaFinancialT-Bills14.2%
    Reliance Industries Ltd.EnergyNCD3.6%
    Bajaj Finance Ltd.FinancialNCD3.6%
    REC Ltd.FinancialNCD1.5%
    Power Finance Corpn. Ltd.FinancialBonds/NCD1.5%
    Housing Development Finance Corpn. Ltd.FinancialDebenture1.2%

    Fund Managers

    addVikas Agrawal
    Education
    Mr. Agarwal is a B.Com and PGDBM (Finance)
    Experience
    He has been associated with JM Financials since 2011.
    Funds Managed

    JM Ultra Short Duration Fund Direct Plan Dividend Daily Details

    JM Ultra Short Duration Fund Direct Plan Dividend Daily 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 Ultra Short Duration Fund Direct Plan Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹35 Cr and the Latest NAV as of 25 Sep 2020 is ₹10.34.

    The JM Ultra Short Duration Fund Direct Plan Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The scheme seeks to generate stable long term returns with low risk strategy and capital appreciation/ accretion besides preservation of capital through investments in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

    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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