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JM Ultra Short Duration Fund Regular Plan Growth+0.01%

5.34%
1 Year Return
Debt
Ultra Short Duration
1.0star
6M
1Y
3Y
5Y
All

Fund Details

JM Ultra Short Duration Fund Regular Plan Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.96%
NAV₹26.72 (25 Sep 2020)
Fund Started27 Sep 2006
Fund Size35 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.3%
4.2%
5.7%
7.5%
Category Average
3.7%
5.5%
5.9%
-
Rank Within Category
19
14
13
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.3% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
Cons
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

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

Vikas Agrawal
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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.

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
NA
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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