JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units
Debt
Direct
Dynamic Bond
NAV: ₹ 38.1 as on 27-09-2023
Fund Performance
About the Fund
JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units is a debt fund. This fund was started on 8 April, 2013. The fund is managed by Gurvinder Wasan. This fund is suitable to keep your money safe.
Key Parameters
- JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units has ₹43 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.6.
JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units Overview
 | 0.63% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹43 Cr |
 | 8 April, 2013 |
 | ₹1000/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 319.22% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
63.7%
Cash Equivalent
36.3%
Top Holdings of JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units as on (31-Aug-23)
Debt Holdings5
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 5.63% Govt Stock 2026 | 38.47% | 0% | |
182 DTB 29022024 | 22.1% | 0% | |
7.06% Govt Stock 2028 | 13.62% | -73.3% | |
7.38% Govt Stock 2027 | 9.18% | -14.3% | |
7.26% Govt Stock 2033 | 2.29% | 0% |
JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 43.2 Cr as of Aug'23
- AUM decreased by 0.1 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units Fund Manager
Gurvinder Wasan
Fund Manager of JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units, since 5 April 2022
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.43% since inception which is more than its category average return of 5.86%
AUM size ₹43 Cr
This fund has AUM of ₹43 Cr which is less than its category average of ₹ 1364 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 0.95%
Frequently Asked Questions
The current NAV of JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units is ₹38.09 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 3.24% | 3.24% |
1 Year Returns | 6.58% | 6.58% |
3 Years Returns | 15.7% | 4.98% |
5 Years Returns | 33.63% | 5.97% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.63% as on August 2023
₹43 Cr as on August 2023
5.63% Govt Stock 2026(38.47%), 182 DTB 29022024(22.1%), 7.06% Govt Stock 2028(13.62%), 7.38% Govt Stock 2027(9.18%), 7.26% Govt Stock 2033(2.29%) as on August 2023
Yield to Maturity is 7.06 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 1.74 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Gurvinder Wasan is the fund manager of JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units
The Exit load of JM Dynamic Bond Fund (Direct) - Bonus Option-Principal Units is 0%