JM Liquid Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal

JM Liquid Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Killol Pandya, Ruchi Fozdar, Jayant Dhoot. This fund gives you the benefit of diversification.

1. JM Liquid Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal has ₹1621 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

JM Liquid Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal has given a CAGR return of 6.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.71%, 7.02% and 5.74% respectively.

JM Liquid Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal has allocated its funds majorly in Consumer Cyclical, Cash Equivalent, Corporate, Government.

As it is a liquid mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in Debt and money market securities with maturity of upto 91 days only. Investors are required to read all the scheme related information carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Liquid Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal has no lock in period.