JM Medium to Long Dur Fund (Direct) - Growth Option
Debt
Direct
Medium To Long Duration
NAV: ₹ 59.5 as on 04-10-2023
Fund Performance
Fund Insights
In the last 3 years, UTI Bond Fund Direct Plan Growth has given 9.05% return, outperforming this fund by 5.43% per annum.
In the last 1 year, SBI Magnum Income Fund Direct Growth has given 8.43% return, outperforming this fund by 1.19%.
In the last 5 years, SBI Magnum Income Fund Direct Growth has given 8.39% return, outperforming this fund by 5.05% per annum.
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%.
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
- 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.
- The fund has an expense ratio 0.5.
JM Medium to Long Dur Fund (Direct) - Growth Option Overview
 | 0.48% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹23 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 393.74% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
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 Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26% Govt Stock 2033 | 39.98% | 80% | |
7.06% Govt Stock 2028 | 35.22% | -38.5% | |
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
- 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
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
Fund 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 5.28% since inception which is less than its category average return of 5.69%
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%
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%