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JM Overnight Fund Direct Growth

Debt
Overnight
Low Risk
0.30%
1M return
+0.01% 1D
1M
6M
1Y
All
NAV: 24 Jan 2022₹1,073.99
Min. SIP amountNA
Rating4
Fund size₹142.97Cr

Returns and rankings

Category: Debt Overnight
Absolute returns
3M6M1YAll
Fund returns0.9%1.7%3.3%7.4%
Category averageNANA3.0%NA
Rank with in category10116NA
Understand terms

Holdings (1)

NameSectorInstrumentAssets
Reliance Retail Ventures Ltd.
ServicesCP5.9%

Pros and cons

Category: Debt Overnight

Pros

Exit load is zero
Lower expense ratio: 0.07%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 142Cr. Funds with lower AUM tend to have higher expense ratio

Expense ratio, exit load and tax

Expense ratio: 0.07%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNA

Fund management

Shalini Tibrewala
Dec 2019 - Present
View details
Vikas Agrawal
Aug 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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FAQs

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