JM Medium to Long Dur Fund (Direct) - Growth Option

JM Medium to Long Dur Fund (Direct) - Growth Option

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Debt
Direct
Medium To Long Duration

NAV: ₹ 59.5 as on 04-10-2023

Fund Performance

Fund Insights

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In the last 3 years, UTI Bond Fund Direct Plan Growth has given 9.05% return, outperforming this fund by 5.43% per annum.
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In the last 1 year, SBI Magnum Income Fund Direct Growth has given 8.43% return, outperforming this fund by 1.19%.
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In the last 5 years, SBI Magnum Income Fund Direct Growth has given 8.39% return, outperforming this fund by 5.05% per annum.
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This fund has one of the lowest expense ratio in the category (medium to long duration). Its expense ratio is 0.48% which is lower than the category average expense ratio of 0.49%.
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Over the last 1 month, this fund has experienced a 7.4% drop in AUM moving from 24.38 Cr to 22.58 Cr.

About the Fund

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

  1. JM Medium to Long Dur Fund (Direct) - Growth Option has ₹23 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

JM Medium to Long Dur Fund (Direct) - Growth Option Overview

Expense ratio
Expense ratio
0.48%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹23 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
393.74%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Aug'23

Jul'23

Jun'23

Government

88.6%

Cash Equivalent

11.4%

Top Holdings of JM Medium to Long Dur Fund (Direct) - Growth Option as on (30-Sep-23)

  • Debt & Cash

Debt Holdings3
Holdings
Weight%
1M Change
7.26% Govt Stock 2033
7.26% Govt Stock 2033
39.98%
80%
7.06% Govt Stock 2028
7.06% Govt Stock 2028
35.22%
-38.5%
7.1% Govt Stock 2029
7.1% Govt Stock 2029
13.21%
0%

JM Medium to Long Dur Fund (Direct) - Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 24.4 Cr
₹ 24.4 Cr
₹ 19.9 Cr
  • AUM of the fund stands at 24.4 Cr as of Aug'23
  • AUM has remained same between Aug'23 and Jul'23

Fund Portfolio Changes

JM Medium to Long Dur Fund (Direct) - Growth Option Fund Manager

Gurvinder Wasan

Gurvinder Wasan

Fund Manager of JM Medium to Long Dur Fund (Direct) - Growth Option, since 5 April 2022

Fund Highlights

Risk meter
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Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 5.28% since inception which is less than its category average return of 5.69%
AUM size ₹23 Cr

AUM size ₹23 Cr

This fund has AUM of ₹23 Cr which is less than its category average of ₹ 950 Cr
Expense Ratio 0.48%

Expense Ratio 0.48%

This fund has an expense ratio of 0.48% 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 ₹59.46 as on 04-Oct-2023.
Existing (Absolute + CAGR) as on 04-Oct-2023.
JM Medium to Long Dur Fund (Direct) - Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.17%
0.17%
6 Month Returns
3.2%
3.2%
1 Year Returns
6.8%
6.8%
3 Years Returns
11.22%
3.61%
5 Years Returns
17.92%
3.35%
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.
0.48% as on September 2023
₹23 Cr as on September 2023
Yield to Maturity is 7.23 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 4.68 as on September 2023. 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%