JM Medium to Long Dur Fund (Direct) - Growth Option
Debt
Direct
Medium To Long Duration
NAV: ₹ 61.83 as on 16-04-2024
Fund Performance
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (medium to long duration). Its expense ratio is 0.47% which is lower than the category average expense ratio of 0.47%.
In the last 3 years, UTI Medium to Long Duration Fund Direct Plan Growth has given 9.74% return, outperforming this fund by 5.09% per annum.
In the last 5 years, SBI Magnum Income Fund Direct Growth has given 8.07% return, outperforming this fund by 4.99% per annum.
In the last 1 year, Kotak Bond Direct Growth has given 7.82% return, outperforming this fund by 1.19%.
About the JM Medium to Long Dur Fund (Direct) - Growth Option
JM Medium to Long Dur 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 Medium to Long Dur Fund (Direct) - Growth Option has ₹22 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
JM Medium to Long Dur Fund (Direct) - Growth Option Overview
 | 0.47% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹22 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 393.74% |
JM Medium to Long Dur Fund (Direct) - Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
88.3%
Cash Equivalent
11.7%
Top Holdings of JM Medium to Long Dur Fund (Direct) - Growth Option as on (31-Mar-24)
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 63.26% | 0% | |
7.18% Govt Stock 2037 | 24.83% | 22.2% | |
Corporate Debt Market Development Fund - Class A2 Units | 0.24% | 0% |
JM Medium to Long Dur Fund (Direct) - Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 22.3 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
JM Medium to Long Dur Fund (Direct) - Growth Option Fund Manager
Gurvinder Wasan
Fund Manager of JM Medium to Long Dur Fund (Direct) - Growth Option, since 5 April 2022
Top funds managed
JM Medium to Long Dur 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 5.39% since inception which is less than its category average return of 5.67%
AUM size ₹22 Cr
This fund has AUM of ₹22 Cr which is less than its category average of ₹ 1004 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of JM Medium to Long Dur Fund (Direct) - Growth Option is ₹61.83 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
JM Medium to Long Dur Fund (Direct) - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | -0.16% | -0.16% |
6 Month Returns | 4.18% | 4.18% |
1 Year Returns | 6.63% | 6.63% |
3 Years Returns | 14.58% | 4.64% |
5 Years Returns | 16.4% | 3.08% |
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.
0.47% as on March 2024
₹22 Cr as on March 2024
Yield to Maturity is 7.15 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 6.4 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 Medium to Long Dur Fund (Direct) - Growth Option
The Exit load of JM Medium to Long Dur Fund (Direct) - Growth Option is 0%