Fund Details
JM Ultra Short Duration Fund Direct Plan Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.50% |
| NAV | ₹27.59 (25 Sep 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹35 Cr |
Returns
Comparison
Found nothing so far.
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 14.3% |
| Reserve Bank of India | Financial | T-Bills | 14.2% |
| Reliance Industries Ltd. | Energy | NCD | 3.6% |
| Bajaj Finance Ltd. | Financial | NCD | 3.6% |
| REC Ltd. | Financial | NCD | 1.5% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 1.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 1.2% |
Fund Managers
JM Ultra Short Duration Fund Direct Plan Growth Details
JM Ultra Short Duration Fund Direct Plan Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Vikas Agarwal is the Current Fund Manager of JM Ultra Short Duration Fund Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹35 Cr and the Latest NAV as of 25 Sep 2020 is ₹27.59.
The JM Ultra Short Duration Fund Direct Plan Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500.
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.
