JM Short Duration Fund Direct Growth

JM Short Duration Fund Direct Growth is a debt fund. This fund was started on 29 August, 2022. The fund is managed by Ruchi Fozdar, Killol Pandya, Jayant Dhoot. This fund is suitable to keep your money safe.

1. JM Short Duration Fund Direct Growth has ₹98 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

JM Short Duration Fund Direct Growth has given a CAGR return of 7.50% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.24% and 7.55% respectively.

JM Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.02% Govt Stock 2031, Bajaj Housing Finance Limited, Rec Limited, Power Finance Corporation Limited, National Housing Bank

As it is a short duration 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.

The Scheme will endeavor to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Short Duration Fund Direct Growth has no lock in period.