JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth

Debt
Direct
Liquid
JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth

About the Fund

JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth is a debt fund. This fund was started on 29 June, 2020. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth has ₹1859 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth has given a CAGR return of 0.00% since inception.

Holdings

JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth has allocated its funds majorly in Consumer Cyclical, Cash Equivalent, Corporate, Government. Its top holdings are ICICI Bank Limited, Axis Bank Ltd., Union Bank Of India, Tata Motors Finance Limited, Muthoot Finance Limited

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth

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 and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.26%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹1859 Cr
Inception Date29 June, 2020
Min Lumpsum/SIP--/--
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
818.19%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
98.6%

AA
1.4%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
63%
Corporate
26.4%
Government
10.6%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
ICICI Bank Limited
ICICI Bank Limited
3.8%
0%
Axis Bank Ltd.
Axis Bank Ltd.
2.78%
0%
IDFC First Bank Limited
IDFC First Bank Limited
2.54%
100%
Tata Motors Finance Limited
Tata Motors Finance Limited
2.54%
100%
Icici Securities Limited
Icici Securities Limited
2.54%
0%

JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
AUM size ₹1859 Cr

AUM size ₹1859 Cr

This fund has AUM of ₹1859 Cr which is less than its category average of ₹ 12815 Cr
Expense Ratio 0.26%

Expense Ratio 0.26%

This fund has an expense ratio of 0.26% which is more than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth is ₹41.44 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.26% as on May 2024
₹1859 Cr as on May 2024
ICICI Bank Limited(3.8%), Axis Bank Ltd.(2.78%), Union Bank Of India(2.54%), Tata Motors Finance Limited(2.54%), Muthoot Finance Limited(2.54%) as on May 2024
Cash Equivalent(63.01%), Corporate(26.4%), Government(10.59%) as on May 2024
Yield to Maturity is 7.12 as on May 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 0.09 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
98.58
AA
1.42
The Exit load of JM Liquid Fund Unclaimed Brokerage I.E.F. Direct Growth is 0.01%