NAV: 01 Jul 2022 | ₹1,091.33 |
Min. SIP amount | ₹500 |
Rating | 4 |
Fund size | ₹222.27Cr |
3M | 6M | 1Y | All | |
---|---|---|---|---|
Fund returns | 1.0% | 1.8% | 3.5% | 9.1% |
Category average | NA | NA | 3.0% | NA |
Rank with in category | 23 | 22 | 12 | NA |
Name | Sector | Instrument | Assets |
---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 0.7% |
Inclusive of GST
Nil
0.005% (from July 1st, 2020)
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Min. for 1st investment | ₹5,000 |
Min. for 2nd investment onwards | ₹1,000 |
Min. for SIP | ₹500 |
You can easily invest in JM Overnight Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
The JM Overnight Fund Direct Growth has been there from 04 Dec 2019 and the average annual returns provided by this fund is 3.49% since its inception.
The term
Expense Ratio used for JM Overnight Fund Direct Growth or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of JM Overnight Fund Direct Growth is 0.07% as of 02 Jul 2022...
The AUM, short for Assets Under Management of JM Overnight Fund Direct Growth is ₹222.27Cr as of 02 Jul 2022.
If you want to sell your JM Overnight Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
The NAV of JM Overnight Fund Direct Growth is ₹1,091.33 as of 01 Jul 2022.