JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal

JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal

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Debt
Direct
Overnight
NAV: ₹ 1000 as on 18-04-2024
Fund Performance

About the JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal

JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 3 December, 2019. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal has ₹315 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal Overview

Expense ratio
Expense ratio
0.08%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹315 Cr
Inception Date
Inception Date
3 December, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
202.03%

JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

Cash Equivalent
100%

JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 249.7 Cr
₹ 249.7 Cr
₹ 137.4 Cr
  • AUM of the fund stands at 249.7 Cr as of Mar'24
  • AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes

JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal Highlights

Risk meter
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Low Risk

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

About the fund

This fund has delivered an average annual returns of 4.3% since inception which is more than its category average return of 3.65%
AUM size ₹315 Cr

AUM size ₹315 Cr

This fund has AUM of ₹315 Cr which is less than its category average of ₹ 2579 Cr
Expense Ratio 0.08%

Expense Ratio 0.08%

This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal is ₹1000 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.55%
0.55%
6 Month Returns
3.34%
3.34%
1 Year Returns
6.7%
6.7%
3 Years Returns
15.59%
4.95%
5 Years Returns
0%
0%
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.
0.08% as on March 2024
₹315 Cr as on March 2024
Yield to Maturity is 7.01 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 0.01 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of JM Overnight Fund Direct Daily Reinvestment of Income Distribution cum capital withdrawal is 0%