Top 10 Jm Financial Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
JM Liquid FundDebtLow7.4%4star1,979
JM Dynamic Debt FundDebtModerately Low7.9%4star326
JM Money Market FundDebtModerately Low6.5%3star35
JM G-Sec FundDebtModerate2.9%2star20
JM Low Duration FundDebtModerately Low6.4%2star435
JM Short Term FundDebtModerate5.6%2star16
JM Ultra Short Duration FundDebtModerately Low7.0%2star105
JM Floater Short Term FundDebtLow6.3%1star2
JM Income FundDebtModerate4.8%1star18
View All Top 10 Jm Financial Mutual Funds

Best JM Financial Debt Mutual Funds

The fund was launched on 15th September 1994 and JM Financial Trustee Company Private Limited acts as the trustee company to JM Financial Mutual Fund.

The main motto of JM Financial is to create wealth for each and every customer. The asset management company wants to be a trusted source to its investors and make them believe that being trustworthy is the most efficient way of generating and long-term business.

The main objectives of the fund is integrity, teamwork, client focus, innovation, implementation and adequate performance. It hosts a bouquet of mutual funds for retail as well as institutional investors and their mission is to mitigate risk, while generating returns over different categories. The professionals aim to scientifically take investment decisions, in order to seek the best possible results.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

JM Liquid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.38% annualized returns in the last 3 years. In the last 1 year, it gave 7.44% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.44% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shalini Tibrewala

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM1,979Cr
1Y Returns7.4%

JM Dynamic Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 8.41% annualized returns in the last 3 years. In the last 1 year, it gave 7.91% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.91% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shalini Tibrewala

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM326Cr
1Y Returns7.9%

JM Money Market Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Money Market segment and provided 7.39% annualized returns in the last 3 years. In the last 1 year, it gave 6.54% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.54% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Vikas Agarwal

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating3star
AUM35Cr
1Y Returns6.5%

JM G-Sec Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 8.11% annualized returns in the last 3 years. In the last 1 year, it gave 2.94% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.94% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Vikas Agarwal

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM20Cr
1Y Returns2.9%

JM Low Duration Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 7.63% annualized returns in the last 3 years. In the last 1 year, it gave 6.4% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.4% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Vikas Agarwal

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating2star
AUM435Cr
1Y Returns6.4%

JM Short Term Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.34% annualized returns in the last 3 years. In the last 1 year, it gave 5.62% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.62% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Girish Hisaria, Vikas Agarwal

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM16Cr
1Y Returns5.6%

JM Ultra Short Duration Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 7.9% annualized returns in the last 3 years. In the last 1 year, it gave 6.96% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.96% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Vikas Agarwal

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating2star
AUM105Cr
1Y Returns7.0%

JM Floater Short Term Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Floater segment and provided 7.4% annualized returns in the last 3 years. In the last 1 year, it gave 6.34% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.34% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shalini Tibrewala

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM2Cr
1Y Returns6.3%

JM Income Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium to Long Duration segment and provided 6.17% annualized returns in the last 3 years. In the last 1 year, it gave 4.8% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.8% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Vikas Agarwal

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM18Cr
1Y Returns4.8%

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What does investing in JM Financial Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in JM Financial Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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