| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.50% |
| NAV | ₹26.40 (03 Jul 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹17 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 30.1% |
| Punjab National Bank | Financial | CD | 13.9% |
| National Bank For Agriculture & Rural Development | Financial | CD | 13.9% |
| Bank Of Baroda | Financial | CD | 13.6% |
| Reliance Industries Ltd. | Energy | NCD | 7.3% |
| Bajaj Finance Ltd. | Financial | NCD | 7.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.5% |
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 ₹17 Cr and the Latest NAV as of 03 Jul 2020 is ₹26.40.
The JM Ultra Short Duration Fund Direct Plan Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
To generate stable long term returns with low risk strategy and capital appreciation/accretion through investments in debt instruments and related securities besides preservation of capital.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.