JM Dynamic Bond Fund (Direct) - Growth Option
Debt
Direct
Dynamic Bond
NAV: ₹ 39.69 as on 24-04-2024
Fund Performance
3 people have invested ₹ 1.5K in JM Dynamic Bond Fund (Direct) - Growth Option in the last three months
Mutual Fund Insights
In the last 1 year, DSP Strategic Bond Fund Direct Plan Growth has given 8.71% return, outperforming this fund by 2.52%.
Over the last 6 months, this fund has experienced a 7.9% drop in AUM moving from 43.87 Cr to 40.39 Cr.
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 10.68% return, outperforming this fund by 5.36% per annum.
This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.63% which is lower than the category average expense ratio of 0.98%.
In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.39% return, outperforming this fund by 2.55% per annum.
About the JM Dynamic Bond Fund (Direct) - Growth Option
JM Dynamic Bond Fund (Direct) - Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan. This fund is suitable to keep your money safe.
Key Parameters
- JM Dynamic Bond Fund (Direct) - Growth Option has ₹40 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) - Growth Option Overview
 | 0.63% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹40 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 319.22% |
JM Dynamic Bond Fund (Direct) - Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
88.8%
Cash Equivalent
11.2%
Top Holdings of JM Dynamic Bond Fund (Direct) - Growth Option as on (31-Mar-24)
Debt Holdings4
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2037 | 37.04% | 20.7% | |
7.37% Govt Stock 2028 | 34.91% | 0% | |
7.38% Govt Stock 2027 | 9.96% | 300% | |
Corporate Debt Market Development Fund - Class A2 Units | 0.28% | 0% |
JM Dynamic Bond Fund (Direct) - Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 42.8 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
JM Dynamic Bond Fund (Direct) - Growth Option Fund Manager
Gurvinder Wasan
Fund Manager of JM Dynamic Bond Fund (Direct) - Growth Option, since 5 April 2022
Top funds managed
JM Dynamic Bond Fund (Direct) - Growth Option Highlights
Moderate Risk
Investors understand that their principal will be at 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 5.82%
AUM size ₹40 Cr
This fund has AUM of ₹40 Cr which is less than its category average of ₹ 1432 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 0.93%
Frequently Asked Questions
The current NAV of JM Dynamic Bond Fund (Direct) - Growth Option is ₹39.69 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
JM Dynamic Bond Fund (Direct) - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.06% | 0.06% |
6 Month Returns | 3.63% | 3.63% |
1 Year Returns | 5.94% | 5.94% |
3 Years Returns | 16.77% | 5.3% |
5 Years Returns | 32.72% | 5.82% |
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 March 2024
₹40 Cr as on March 2024
Yield to Maturity is 7.18 as on March 2024. 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 6.31 as on March 2024. 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) - Growth Option
The Exit load of JM Dynamic Bond Fund (Direct) - Growth Option is 0%