Fund Details
JM Short Term Plan Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.69% |
| NAV | ₹26.96 (25 Sep 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹30 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 22.4% |
| GOI | Sovereign | GOI Sec | 19.7% |
| GOI | Sovereign | GOI Sec | 10.2% |
| REC Ltd. | Financial | NCD | 8.8% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 8.7% |
Fund Managers
JM Short Term Plan Direct Growth Details
JM Short Term Plan Direct Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Girish Hisaria, Vikas Agarwal is the Current Fund Manager of JM Short Term Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹30 Cr and the Latest NAV as of 25 Sep 2020 is ₹26.96.
The JM Short Term Plan Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme aims to generate regular returns & high liquidity with low risk strategy and capital appreciation through investments in debt & money market instruments with varied yields and maturity profiles.
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.
