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Unrated

JM Short Term Fund - Regular Plan


1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.18 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.31 0.13 0.12 0.93 1.43 -2.33 -3.76 2.64 4.50 5.67 6.55
CCIL T Bill Liquidity Weight 0.52 -0.03 0.04 0.28 0.83 1.77 4.03 4.10 4.46 4.76 4.71
Debt: Short Duration 1.70 0.09 0.05 1.25 2.00 3.82 5.62 5.78 6.68 7.40 7.66

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.93 (18-Nov-2008 - 25-Nov-2008) -5.44 (03-Jun-2019 - 10-Jun-2019)
Month 5.11 (18-Nov-2008 - 18-Dec-2008) -4.85 (03-Jun-2019 - 03-Jul-2019)
Quarter 10.66 (29-Sep-2008 - 30-Dec-2008) -4.16 (13-Sep-2019 - 13-Dec-2019)
Year 18.66 (31-Jul-2008 - 31-Jul-2009) -4.55 (14-Jan-2019 - 14-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.16 3.80 -0.92 -0.59 2.96 1.24
CCIL T Bill Liquidity Weight 4.06 0.27 -6.06 -10.48 -- --
Debt: Short Duration 5.33 3.02 0.27 0.71 3.43 5.17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 4 13 3 56
Modified Duration (yrs) -- -- -- 1.97
Average Maturity (yrs) 2.08 2.40 1.09 2.39
Yield to Maturity (%) 5.85 8.62 5.28 7.17

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 29.08 18.50
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 10.58 10.50
equal Bank of Baroda 17/03/2020 Certificate of Deposit A1+ 0.00 - 10.17 10.17
new 7.35% Bajaj Finance 2022 Non Convertible Debenture AAA 0.00 - 9.21 9.21

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2020

Fund Manager

— Vikas Agrawal since 13-Aug-2014

Education: Mr. Agarwal is a B.Com and PGDBM (Finance)

Experience: He has been associated with JM Financials since 2011.

Funds Managed:


0.13%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 33.7669

Dividend Fortnightly: ₹ 10.9243

Dividend Daily: ₹ 13.0419


Investment Strategy

The scheme aims to generate regular returns & high liquidity with low risk strategy and capital appreciation through investments in debt & money market instruments with varied yields and maturity profiles.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 5,000
Exit Load 0

Basic Details

Fund House: JM Financial Mutual Fund
Launch Date: 24-Jun-2002
Return Since Launch: 7.12%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 10 Cr (As on 31-Jan-2020)
Expense: -- (As on )
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly28-May-20190.0348

 14-May-20190.0130
 02-May-20190.0202
 16-Apr-20190.0072
 03-Apr-20190.0509
 19-Mar-20190.0290
 06-Mar-20190.0227
 20-Feb-20190.0275
 22-Jan-20190.0200
 08-Jan-20190.0151
 26-Dec-20180.0475
 11-Dec-20180.0374
 27-Nov-20180.0322
 13-Nov-20180.0174
 30-Oct-20180.0087
 16-Oct-20180.0274
 03-Oct-20180.0088
 18-Sep-20180.0058
 04-Sep-20180.0125
 21-Aug-20180.0215
 07-Aug-20180.0259
 24-Jul-20180.0234
 10-Jul-20180.0207
 26-Jun-20180.0289
 12-Jun-20180.0076
Dividend Daily20-Oct-20140.0074

 16-Oct-20140.0077
 14-Oct-20140.0066
 13-Oct-20140.0080
 10-Oct-20140.0017
 08-Oct-20140.0070
 07-Oct-20140.0154
 01-Oct-20140.0022
 26-Sep-20140.0083
 25-Sep-20140.0008
 24-Sep-20140.0010
 22-Sep-20140.0081
 19-Sep-20140.0007
 18-Sep-20140.0057
 17-Sep-20140.0030
 16-Sep-20140.0023
 15-Sep-20140.0057
 12-Sep-20140.0021
 11-Sep-20140.0024
 08-Sep-20140.0083
 05-Sep-20140.0019
 04-Sep-20140.0008
 03-Sep-20140.0002
 02-Sep-20140.0047
 01-Sep-20140.0067

Contact Information

AMC: JM Financial Asset Management Ltd.

Address: Office B-8th Floor-Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025

Phone: 022-33797777 / 1800-103-8345

Fax: 022-26528388

Email: [email protected]

Website: www.JMFinancialmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM