How to Invest in JM Short Duration Fund Direct Growth?

You can easily invest in JM Short Duration 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: Log on to your Groww account Search for JM Short Duration Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in JM Short Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does JM Short Duration Fund Direct Growth provide?

The JM Short Duration Fund Direct Growth has been there from 29 Aug 2022 and the average annual returns provided by this fund is 7.50% since its inception.

How much expense ratio is charged by JM Short Duration Fund Direct Growth?

The term Expense Ratio used for JM Short Duration 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 Short Duration Fund Direct Growth is 0.38% as of 18 Jan 2026...

What is the AUM of JM Short Duration Fund Direct Growth?

The AUM, short for Assets Under Management of JM Short Duration Fund Direct Growth is ₹86.50Cr as of 18 Jan 2026.

How to Redeem JM Short Duration Fund Direct Growth?

If you want to sell your JM Short Duration 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.

Can I invest in SIP and Lump Sum of JM Short Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of JM Short Duration Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of JM Short Duration Fund Direct Growth?

The NAV of JM Short Duration Fund Direct Growth is ₹12.66 as of 16 Jan 2026.

What is the PE and PB ratio of JM Short Duration Fund Direct Growth?

The PE ratio ratio of JM Short Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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JM Short Duration Fund Direct Growth

Name: JM Short Duration Fund Direct Growth
Brand: JM Financial Mutual Fund

Debt

Short Duration

Moderate Risk

+7.42%

3Y annualised

-0.07% 1D

All

NAV: 16 Jan '26

₹12.66

Min. SIP amount

₹100

Fund size

₹86.50 Cr

Expense ratio

0.38%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Historic returns	Returns
1 year	₹60,000	₹62,078		+3.46%

Holdings (21)

Name	Sector	Instruments	Assets
GOI	Sovereign	GOI Sec	11.42%
GOI	Sovereign	GOI Sec	7.11%
REC Ltd.	Financial	Debenture	5.89%
Bajaj Housing Finance Ltd.	Financial	Bonds/NCD	5.88%
National Housing Bank	Financial	NCD	5.85%
HDB Financial Services Ltd.	Financial	NCD	5.85%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	5.85%
National Bank For Agriculture & Rural Development	Financial	Debenture	5.84%
Jamnagar Utilities and Power Pvt. Ltd.	Capital Goods	NCD	5.76%
GOI	Sovereign	GOI Sec	4.72%
Power Finance Corporation Ltd.	Financial	Debenture	4.14%
Small Industries Devp. Bank of India Ltd.	Financial	Bonds	3.51%
Bajaj Finance Ltd.	Financial	Bonds/NCD	3.49%
LIC Housing Finance Ltd.	Financial	NCD	3.46%
LIC Housing Finance Ltd.	Financial	Bonds	2.94%
Indian Railway Finance Corporation Ltd.	Financial	Bonds	2.91%
ICICI Home Finance Company Ltd.	Financial	FRB	2.90%
Bajaj Finance Ltd.	Financial	Bonds/NCD	2.34%
Indian Railway Finance Corporation Ltd.	Financial	Debenture	2.33%
National Bank For Agriculture & Rural Development	Financial	Debenture	1.17%
Tata Capital Housing Finance Ltd.	Financial	Bonds/NCD	1.16%

See All

Minimum investments

Min. for 1st investment

₹1,000

Min. for 2nd investment

₹100

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	+2.2%	+7.5%	+7.4%	+7.2%
Category average (Debt Short Duration)	+2.5%	+7.4%	+7.1%	--
Rank (Debt Short Duration)	--	18	22	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	ICICI Prudential Short Term Fund Direct Plan Growth	+8.17%	+8.23%	20,935.22
	Axis Short Duration Fund Direct Growth	+8.18%	+8.02%	12,707.93
	Aditya Birla Sun Life Short Term Direct Fund Direct Growth	+7.88%	+8.02%	10,574.78
	Nippon India Short Duration Fund Direct Growth	+7.97%	+8.01%	9,723.46
	HDFC Short Term Debt Fund Direct Plan Growth	+7.73%	+7.91%	18,078.88
Compare

Fund management

KP
Killol Pandya
Nov 2024 - Present
View details

Education

Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research.

Experience

Prior to joining JM Financial Asset Management Limited he has worked with Barclays Securities India Private Ltd,Peerless Funds Management Co. Limited, LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.

Also manages these schemes

JM Liquid Fund Unclaimed Redemption

JM Overnight Fund Direct Growth

JM Liquid Fund Direct Growth

JM Dynamic Bond Fund Direct Growth

JM Short Duration Fund Direct Growth

JM Low Duration Fund Direct Plan Growth

JM Medium to Long Duration Fund Direct Growth

RF
Ruchi Fozdar
Apr 2024 - Present
View details

Education

Ms. Ruchi is a graduate in science and PGDBM in finance

Experience

Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund

Also manages these schemes

JM Small Cap Fund Direct Growth

JM Liquid Fund Unclaimed Redemption

JM Overnight Fund Direct Growth

JM Dynamic Bond Fund Direct Growth

JM Medium to Long Duration Fund Direct Growth

JM Large & Mid Cap Fund Direct Growth

JM ELSS Tax Saver Fund Direct Plan Growth

JM Large Cap Fund Direct Plan Growth

JM Flexicap Fund Direct Plan Growth

JM Midcap Fund Direct Growth

JM Focused Direct Plan Growth

JM Aggressive Hybrid Fund Direct Growth

JM Value Fund Direct Plan Growth

JM Liquid Fund Direct Growth

JM Arbitrage Fund Direct Growth

JM Short Duration Fund Direct Growth

JM Low Duration Fund Direct Plan Growth

JD
Jayant Dhoot
Aug 2025 - Present
View details

Education

Chartered Accountant, Company Secretary, B.Com

Experience

Prior to joining the JM MF, he was worked with Taurus Corporate Advisory Services Pvt Ltd, Nuvama Wealth & Investment Ltd, NVS Brokerage Pvt. Ltd.

Also manages these schemes

JM Liquid Fund Unclaimed Redemption

JM Overnight Fund Direct Growth

JM Liquid Fund Direct Growth

JM Dynamic Bond Fund Direct Growth

JM Short Duration Fund Direct Growth

JM Low Duration Fund Direct Plan Growth

JM Medium to Long Duration Fund Direct Growth

About JM Short Duration Fund Direct Growth

JM Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 15 Sep 1994. Killol Pandya is the Current Fund Manager of JM Short Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,584 Cr and the Latest NAV as of 16 Jan 2026 is ₹12.66. The JM Short Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. ;

Investment Objective

The scheme seeks to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments.

Fund benchmarkCRISIL Short Duration Debt A-II Index

Scheme Information Document(SID)