JM Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal
Debt
Direct
Overnight
NAV: ₹ 1000.4 as on 28-09-2023
Fund Performance
About the Fund
JM Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 5 December, 2019. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- JM Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal has ₹636 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
JM Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal Overview
 | 0.07% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹636 Cr |
 | 5 December, 2019 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 202.03% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
96.1%
Corporate
3.9%
Top Holdings of JM Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal as on (31-Aug-23)
Debt Holdings2
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Securities Limited | 5.72% | 0% | |
Axis Bank Limited | 5.72% | 0% |
JM Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 635.5 Cr as of Aug'23
- AUM increased by 508.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 4.21% since inception which is more than its category average return of 3.38%
AUM size ₹636 Cr
This fund has AUM of ₹636 Cr which is less than its category average of ₹ 3025 Cr
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 Weekly Reinvestment of Income Distribution cum capital withdrawal is ₹1000.37 as on 28-Sep-2023.
Existing (Absolute + CAGR) as on 28-Sep-2023.
JM Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 3.3% | 3.3% |
1 Year Returns | 6.46% | 6.46% |
3 Years Returns | 14.18% | 4.52% |
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 August 2023
₹636 Cr as on August 2023
Yield to Maturity is 6.68 as on August 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 0 as on August 2023. 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 Weekly Reinvestment of Income Distribution cum capital withdrawal is 0%