JM Short Duration Fund Direct Growth

JM Short Duration Fund Direct Growth

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Debt
Direct
Short Duration
NAV: ₹ 11.11 as on 22-04-2024
Fund Performance
zero opening, trading, fund transfer fee
8 people have invested ₹ 94.5K in JM Short Duration Fund Direct Growth in the last three months

About the 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 Gurvinder Wasan. This fund is suitable to keep your money safe.

Key Parameters

  1. JM Short Duration Fund Direct Growth has ₹128 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

JM Short Duration Fund Direct Growth Overview

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹128 Cr
Inception Date
Inception Date
29 August, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

JM Short Duration Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

Government
48.9%
Corporate
46%
Cash Equivalent
5.1%

Top Holdings of JM Short Duration Fund Direct Growth as on (31-Mar-24)

  • Debt & Cash

Debt Holdings17
Holdings
Weight%
1M Change
7.1% Govt Stock 2029
7.1% Govt Stock 2029
11.58%
200%
7.37% Govt Stock 2028
7.37% Govt Stock 2028
8.59%
0%
Export Import Bank Of India
Export Import Bank Of India
7.77%
0%
7.06% Govt Stock 2028
7.06% Govt Stock 2028
7.72%
0%
HDFC Bank Limited
HDFC Bank Limited
6.95%
0%

JM Short Duration Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 124.8 Cr
₹ 124.8 Cr
₹ 122.2 Cr
  • AUM of the fund stands at 124.8 Cr as of Mar'24
  • AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes

JM Short Duration Fund Direct Growth Fund Manager

Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Short Duration Fund Direct Growth, since 29 August 2022

JM Short Duration Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.6% since inception which is more than its category average return of 5.61%
AUM size ₹128 Cr

AUM size ₹128 Cr

This fund has AUM of ₹128 Cr which is less than its category average of ₹ 3586 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.68%

Frequently Asked Questions

The current NAV of JM Short Duration Fund Direct Growth is ₹11.11 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
JM Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.46%
0.46%
6 Month Returns
3.69%
3.69%
1 Year Returns
6.61%
6.61%
3 Years Returns
0%
0%
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.
0.34% as on March 2024
₹128 Cr as on March 2024
7.1% Govt Stock 2029(11.58%), 7.37% Govt Stock 2028(8.59%), Export Import Bank Of India(7.77%), 7.06% Govt Stock 2028(7.72%), HDFC Bank Limited(6.95%) as on March 2024
Government(48.92%), Corporate(46.03%), Cash Equivalent(5.06%) as on March 2024
Yield to Maturity is 7.55 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 2.44 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Gurvinder Wasan is the fund manager of JM Short Duration Fund Direct Growth
The Exit load of JM Short Duration Fund Direct Growth is 0%