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JM Overnight Fund Direct Growth+0.01%

3.12%
1 Year Return
Debt
Overnight
6M
1Y
All

Fund Details

JM Overnight Fund Direct Growth

RiskLow
Min SIP AmountN.A
Expense Ratio0.00%
NAV₹1053.82 (24 Jun 2021)
Fund Started02 Dec 2019
Fund Size96 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.1%
-
-
6142.6%
Category Average
3.0%
4.5%
5.1%
-
Rank Within Category
8
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount0
Amount Per Month₹5,000
Would have become
0
with 3.1% returns per annum

Comparison

Data not available
Pros
Found nothing so far.
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Reliance Industries Ltd.EnergyCP9.4%

JM Overnight Fund Direct Growth Details

JM Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 02 Dec 2019. Shalini Tibrewala is the Current Fund Manager of JM Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹96 Cr and the Latest NAV as of 24 Jun 2021 is ₹1053.82.

The JM Overnight Fund Direct Growth is rated Low risk. Minimum Lumpsum Investment is 5000.

Investment Objective

The Scheme seeks to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

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
HDFC Bank
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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