JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal
Debt
Direct
Low Duration
NAV: ₹ 10.9 as on 01-06-2023
Fund Performance
2 people have invested ₹ 660 in JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal in the last three months
About the Fund
JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan, Shalini Tibrewala. This fund is suitable to keep your money safe.
Key parameters
1) JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal has a NAV of ₹10.85 as on 01-06-2023.
2) JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal has ₹168 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.33 %.
JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal Overview
 | 0.33% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹168 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 258.12% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
85.4%
AA
14.6%
Sector Allocation
Corporate
47.5%
Government
28.1%
Cash Equivalent
24.4%
Top Holdings of JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal as on (31-May-23)
Debt Holdings15
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 6.69 6/27/2024 12:00:00 Am | 16.97% | 0% | |
Treps-Triparty Repo | 11.19% | 0% | |
Bank Of Baroda | 8.38% | 0% | |
Cholamandalam Investment And Fin. Co. Ltd | 6.86% | 0% | |
Export Import Bank Of India | 6.84% | 0% |
See all
JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.43% whereas the fund’s underlying benchmark Low Duration Index returns stands at 0.41% as on Apr'23
- This fund outperformed Low Duration Index by 0.01% in Apr'23
AUM Change
- AUM of the fund stands at 161.9 Cr as of Apr'23
- AUM increased by 12.5 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal Fund Manager
Gurvinder Wasan
Fund Manager of JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal, since 5 April 2022
Top funds managed
Shalini Tibrewala
Fund Manager of JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal, since 20 August 2021
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 5.24% since inception which is more than its category average return of 4.96%
AUM size ₹168 Cr
This fund has AUM of ₹168 Cr which is less than its category average of ₹ 3626 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal is ₹10.85 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.67% | 0.67% |
6 Month Returns | 3.51% | 3.51% |
1 Year Returns | 6.21% | 6.21% |
3 Years Returns | 37.29% | 11.14% |
5 Years Returns | 26.83% | 4.87% |
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.
0.33% as on May 2023
₹168 Cr as on May 2023
6.69 6/27/2024 12:00:00 Am(16.97%), Treps-Triparty Repo(11.19%), Bank Of Baroda(8.38%), Cholamandalam Investment And Fin. Co. Ltd(6.86%), Export Import Bank Of India(6.84%) as on May 2023
Corporate(60.97%), Government(21.24%), Cash Equivalent(17.79%) as on May 2023
Yield to Maturity is 7.22 as on May 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 0.51 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 85.37 |
AA | 14.63 |
Gurvinder Wasan, Shalini Tibrewala are the fund managers of JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal
The Exit load of JM Low Duration Fund (Direct) Daily Reinvestment of Income Distribution cum capital withdrawal is 0%