JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal

JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal

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Debt
Direct
Low Duration

NAV: ₹ 11.5 as on 04-10-2023

Fund Performance

About the Fund

JM Low Duration Fund (Direct) Weekly 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. This fund is suitable to keep your money safe.

Key Parameters

  1. JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal has ₹182 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.

JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal Overview

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹182 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
258.12%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
93.8%
AA
6.2%

Sector Allocation

Aug'23

Jul'23

Jun'23

Corporate

59.9%

Cash Equivalent

22.6%

Government

17.5%

Top Holdings of JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal as on (30-Sep-23)

  • Debt & Cash

Debt Holdings20
Holdings
Weight%
1M Change
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
8.17%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
5.55%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
5.52%
0%
Cholamandalam Investment And Fin. Co. Ltd
Cholamandalam Investment And Fin. Co. Ltd
5.51%
0%
Bharat Petroleum Corporation Ltd.
Bharat Petroleum Corporation Ltd.
5.5%
0%

JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 170.4 Cr
₹ 172.6 Cr
₹ 175.5 Cr
  • AUM of the fund stands at 170.4 Cr as of Aug'23
  • AUM decreased by 2.2 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal Fund Manager

Gurvinder Wasan

Gurvinder Wasan

Fund Manager of JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal, since 5 April 2022

Fund Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.2% since inception which is more than its category average return of 4.96%
AUM size ₹182 Cr

AUM size ₹182 Cr

This fund has AUM of ₹182 Cr which is less than its category average of ₹ 4118 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal is ₹11.45 as on 04-Oct-2023.
Existing (Absolute + CAGR) as on 04-Oct-2023.
JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.52%
0.52%
6 Month Returns
3.56%
3.56%
1 Year Returns
6.88%
6.88%
3 Years Returns
15.3%
4.86%
5 Years Returns
28.1%
5.08%
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.
0.34% as on September 2023
₹182 Cr as on September 2023
National Bank For Agriculture And Rural Development(8.17%), Power Finance Corporation Ltd.(5.55%), LIC Housing Finance Limited(5.52%), Cholamandalam Investment And Fin. Co. Ltd(5.51%), Bharat Petroleum Corporation Ltd.(5.5%) as on September 2023
Corporate(58.77%), Cash Equivalent(22.15%), Government(19.08%) as on September 2023
Yield to Maturity is 7.44 as on September 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 0.66 as on September 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
93.82
AA
6.18
Gurvinder Wasan is the fund manager of JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal
The Exit load of JM Low Duration Fund (Direct) Weekly Reinvestment of Income Distribution cum capital withdrawal is 0%