Historical NAV & Returns
About JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth
JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth is a debt fund. This fund was started on 24 January, 2022. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth has ₹238 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth has given a CAGR return of 0.00% since inception.
Holdings
JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth
The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. Investors are required to read all the scheme related information set out in this document carefully and also note that there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/ indicate any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth has no lock in period.
JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth Overview
| Expense ratio | 0.15% |
Benchmark | CRISIL Liquid Overnight TR INR |
| AUM | ₹238 Cr |
| Inception Date | 24 January, 2022 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 202.03% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 237.7 Cr as of Mar'25
- AUM increased by 110.9 Cr between Mar'25 and Feb'25
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth | - | - | - | - |
 Bank of India Overnight Fund Direct Growth | 6.69% | 6.43% | 5.17% | 5.14% |
 Axis Overnight Fund Direct Growth | 6.65% | 6.38% | 5.1% | 5.09% |
 ICICI Prudential Overnight Fund Direct Growth | 6.59% | 6.33% | 5.05% | 5.14% |
JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth Highlights
Low Risk
AUM size ₹238 Cr
Expense Ratio 0.15%
More funds from JM Financial
5Y CAGR
▲ 6.90
5Y CAGR
▲ 6.33
1Y CAGR
▲ 9.49
5Y CAGR
▲ 9.87
5Y CAGR
▲ 5.47
Frequently Asked Questions for JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth
JM Overnight Fund Unclaimed Redemption I.E.F. Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
- 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.
AAA | 100 |