Fund Details
JM Ultra Short Duration Fund Regular Plan Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.96% |
| NAV | ₹26.72 (25 Sep 2020) |
|---|---|
| Fund Started | 27 Sep 2006 |
| Fund Size | ₹35 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Exit load is zero
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
4. 10Y Returns are lower than the category average returns
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 Regular Plan Growth Details
JM Ultra Short Duration Fund Regular Plan Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 27 Sep 2006. Vikas Agarwal is the Current Fund Manager of JM Ultra Short Duration Fund Regular 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 ₹26.72.
The JM Ultra Short Duration Fund Regular Plan Growth 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.
