JM Overnight Fund Direct Growth
JM Overnight Fund Direct Growth

JM Overnight Fund Direct Growth

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Debt
Direct
Overnight

NAV: ₹ 1127.4 as on 30-01-2023

Fund Performance
zero opening, trading, fund transfer fee
18 people have invested ₹ 1.1L in mutual fund in the last three months

Fund Insights

In the last 1 year, Mirae Asset Overnight Fund Direct Growth has given 4.96% return, outperforming this fund by 0.06%

In the last 3 years, Mirae Asset Overnight Fund Direct Growth has given 3.88% return, outperforming this fund by 0.07%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.5%
2.9%
4.9%
3.8%
Benchmark
-
-
-
-
-
About the Fund

JM Overnight Fund Direct Growth is a debt fund. This fund was started on  3 December, 2019. The fund is managed by Shalini Tibrewala, Naghma Khoja. This fund is suitable to keep your money safe.

Key parameters

1) JM Overnight Fund Direct Growth has a NAV of 1127.3738 as on 30-01-2023.

2) JM Overnight Fund Direct Growth has 179 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.07 %.

Fund Overview

Expense ratio
Expense ratio
0.07%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹179 Cr
Inception Date
Inception Date
3 December, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
202.03%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

100%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings2
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps-Triparty Repo
99.7%
0%
icon
Net Current Assets
0.3%
0%

What changed

in last one month
  • Scheme
AUM increased by 19.7 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 179.4 Cr
Nov'22
₹ 159.7 Cr
Oct'22
₹ 200.6 Cr

Fund Returns vs Benchmark

Dec'22
0.43%
0.40%
Dec'22
0.41%
0.36%
Oct'22
0.43%
0.41%
Fund Return
Benchmark Return

Fund Manager

Shalini Tibrewala

Shalini Tibrewala

Fund Manager of JM Overnight Fund Direct Growth, since 3 December 2019
Naghma Khoja

Naghma Khoja

Fund Manager of JM Overnight Fund Direct Growth, since 5 April 2022

AMC details

Fund House
JM Financial Asset Management Limited
Total AUM
₹17.62K Cr
as on 31-Dec-2022
Address
JM Financial Asset Management Private Limited,502, 5th Floor, A - Wing,,Laxmi Towers, Bandra-Kurla Complex,,Bandra-East
Phone
+912261987777
Email
investor@jmfl.com

Fund Highlights

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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 3.87% since inception which is more than its category average return of 3.14%
AUM size ₹179 Cr

AUM size ₹179 Cr

This fund has AUM of ₹179 Cr which is less than its category average of ₹ 3419 Cr
Expense Ratio 0.07%

Expense Ratio 0.07%

This fund has an expense ratio of 0.07% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of JM Overnight Fund Direct Growth is 1127.37 as on 30-Jan-2023.
Existing (Absolute + CAGR)
JM Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.52%
0.52%
6 Month Returns
2.91%
2.91%
1 Year Returns
4.91%
4.91%
3 Years Returns
11.89%
3.82%
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.
0.07 as on December 2022
179 Cr as on December 2022
Shalini Tibrewala,Naghma Khoja are the fund managers of JM Overnight Fund Direct Growth
The Exit load of JM Overnight Fund Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.