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JM Ultra Short Duration Fund Direct Plan Growth
Debt
Ultra Short Duration
Moderately Low Risk
+4.76%
3Y annualised
+0.01% 1D
NAV: 25 Sep '20
₹27.59
Min. SIP amount
Not Supported
Fund size
₹34.57 Cr
Expense ratio
0.00%
Holdings (7)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 14.29% |
| Reserve Bank of India | Financial | T-Bills | 14.18% |
| Reliance Industries Ltd. | Energy | NCD | 3.61% |
| Bajaj Finance Ltd. | Financial | NCD | 3.61% |
| REC Ltd. | Financial | NCD | 1.51% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 1.50% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 1.22% |
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +5.9% | +4.8% | +6.3% | +7.3% |
| Category average (Debt Ultra Short Duration) | +6.7% | +6.8% | +5.7% | -- |
| Rank (Debt Ultra Short Duration) | 21 | 15 | 13 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Tata Ultra Short Term Fund Direct Growth | +7.31% | +7.52% | 4,560.56 | |
Mirae Asset Ultra Short Duration Fund Direct Growth | +7.19% | +7.49% | 2,067.19 | |
Invesco India Ultra Short Duration Fund Direct Growth | +7.14% | +7.40% | 1,233.91 | |
Mahindra Manulife Ultra Short Duration Fund Direct Growth | +7.03% | +7.38% | 218.94 | |
PGIM India Ultra Short Duration Direct Growth | +6.84% | +7.21% | 174.71 | |
| Compare | ||||
About JM Ultra Short Duration Fund Direct Plan Growth
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 15 Sep 1994. The fund currently has an Asset Under Management(AUM) of ₹13,584 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.
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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.
Fund benchmarkCRISIL Ultra Short Term Debt Index
Fund house
Rank (total assets)#32 in India
Total AUM₹13,583.66 Cr
Date of Incorporation15 Sep 1994
Launch Date15 Sep 1994
AddressOne International Centre, 22nd Floor,Tower 2, Senapati Bapat Marg,Prabhadevi, Mumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,