JM Low Duration Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Low Duration Fund category.

The NAV for JM Low Duration Fund Fund is 33.940 as of 19 Apr 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given % annualized return for the last 3 years.

At present JM Low Duration Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of JM Low Duration Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • As of 31 Jan 2024, fund size of JM Low Duration Fund is 255.06 Cr.

  • JM Low Duration Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.83%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • JM Low Duration Fund is an Debt oriented mutual fund in the - Low Duration Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for JM Low Duration Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 27 Sep 2006 as at present it is 18 years old fund.

  • Name of the AMC is JM Financial Mutual Fund. Click here to know more about JM Financial Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. JM Low Duration Fund managed by following fund manager(s);

How does the Return Comparison of the JM Low Duration Fund fare against peer funds in the Low Duration fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by JM Low Duration Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Low Duration fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.48% 1.13% 5.90% 5.90% 7.68% 6.57% 6.71% 6.80% 7.59%
Category Average 0.30% 0.79% 4.17% 4.64% 6.65% 5.09% 4.86% 5.62% 6.87%
JM Low Duration Fund 0.05% 0.23% 0.69% 1.70% - - - - - -
UTI Treasury Advantage Fund 0.11% 0.67% 1.89% 3.71% 7.19% 6.42% 7.28% 4.59% 6.37%
HDFC Low Duration Fund 0.11% 0.71% 1.92% 3.57% 7.19% 6.26% 5.43% 6.13% 6.81%
Axis Treasury Advantage Fund 0.11% 0.69% 1.95% 3.72% 7.16% 6.33% 5.49% 6.16% 6.99%
ICICI Prudential Savings Fund 0.13% 0.76% 2.10% 3.87% 7.87% 6.91% 5.95% 6.61% 7.44%
Nippon India Low Duration Fund 0.11% 0.69% 1.88% 3.56% 6.96% 6.05% 5.36% 5.74% 6.86%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of JM Low Duration Fund are shown below;

Equity -

Debt 89.51%

Others 10.52%

Top Holdings

Name of the InstrumentHolding Percentage
NATIONAL HOUSING BANK 7.34 BD 07AG25 FVRS10LAC 7.80%
LARSEN AND TOUBRO LIMITED 7.70 LOA 28AP25 FVRS10LAC 5.87%
SHRIRAM FINANCE LIMITED 301D CP 15MAR24 5.83%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 22C 5.23 LOA 31JN25 FVRS10LAC 5.73%
POWER FINANCE CORPORATION LTD. SR-124 C 8.48 BD 09DC24 FVRS10LAC 3.94%
Others 70.83%

Allocation by Instruments

Type of the InstrumentHolding Percentage
BOND 30.36%
DEBENTURE 25.00%
COMMERCIAL PAPER 9.71%
GOVERNMENT SECURITIES 5.07%
TREASURY BILLS 1.95%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Low to Moderate risk