JM Low Duration Fund Direct Growth

JM Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Killol Pandya, Jayant Dhoot, Ruchi Fozdar. This fund is suitable to keep your money safe.

1. JM Low Duration Fund Direct Growth has ₹227 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

JM Low Duration Fund Direct Growth has given a CAGR return of 7.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.15%, 7.41% and 5.94% respectively.

JM Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Union Bank Of India, Axis Bank Limited, Shriram Finance Limited, Godrej Industries Limited, Small Industries Development Bank Of India

As it is a low 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.

To generate stable long term returns with low risk strategy and capital appreciation/accretion besides preservation of capital through investments in Debt & Money Market instruments such that the Macaulay duration# of the portfolio is between 6 months - 12 months. Investors are required to read all the scheme related information 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 for lump sum payment is INR 1000.00 and for SIP is INR 100.00. JM Low Duration Fund Direct Growth has no lock in period.