This is a guest login. You can create a regular account or login to an existing one.

VR Logo

JM Short Term Fund


1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.14 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 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund -4.75 -0.10 -4.16 -4.30 2.16 4.52 6.63
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 4.67
Debt: Short Duration 4.32 0.15 2.06 4.95 5.34 6.57 7.48
Rank within category 26 27 29 26 24 23 17
Number of funds in category 28 29 29 28 26 26 19

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 5.15 (18-Nov-2008 - 18-Dec-2008) -21.87 (22-May-2007 - 21-Jun-2007)
Quarter 10.76 (29-Sep-2008 - 30-Dec-2008) -20.74 (30-May-2007 - 29-Aug-2007)
Year 19.17 (31-Jul-2008 - 31-Jul-2009) -18.17 (09-Oct-2006 - 09-Oct-2007)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.09 3.87 -0.95 -0.63 3.39 1.97
CCIL T Bill Liquidity Weight 4.11 0.25 -6.57 -10.84 -- --
Debt: Short Duration 5.33 3.03 0.21 0.58 3.66 5.67
Rank within category 26 20 27 26 10 25
Number of funds in category 27 27 27 27 27 27

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

As on 30-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 13 3 57
Modified Duration (yrs) -- -- -- 2.04
Average Maturity (yrs) 2.40 2.40 1.09 2.54
Yield to Maturity (%) 5.78 8.62 5.28 7.37

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 29.08 29.08
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 10.58 10.58
equal Bank of Baroda 17/03/2020 Certificate of Deposit A1+ 0.00 - 10.01 10.01

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 30-Nov-2019

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:


-0.03%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 24.3306

Dividend Fortnightly: ₹ 9.7568

Dividend Daily: ₹ 12.9494


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: 04-Apr-2003
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 10 Cr (As on 30-Nov-2019)
Expense: 0.67% (As on 30-Sep-2019)
Risk Grade: Above Average
Return Grade: Low
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily10-Oct-20140.0088

 07-Oct-20140.0157
 01-Oct-20140.0024
 26-Sep-20140.0083
 25-Sep-20140.0008
 24-Sep-20140.0011
 22-Sep-20140.0083
 19-Sep-20140.0007
 18-Sep-20140.0058
 17-Sep-20140.0031
 16-Sep-20140.0024
 15-Sep-20140.0058
 12-Sep-20140.0021
 11-Sep-20140.0026
 08-Sep-20140.0085
 05-Sep-20140.0020
 04-Sep-20140.0009
 03-Sep-20140.0002
 02-Sep-20140.0047
 01-Sep-20140.0070
 27-Aug-20140.0029
 26-Aug-20140.0016
 20-Aug-20140.0099
 19-Aug-20140.0075
 14-Aug-20140.0053
Dividend Fortnightly27-May-20190.0316

 13-May-20190.0117
 30-Apr-20190.0184
 15-Apr-20190.0066
 02-Apr-20190.0462
 18-Mar-20190.0263
 06-Mar-20190.0207
 20-Feb-20190.0249
 22-Jan-20190.0182
 08-Jan-20190.0138
 26-Dec-20180.0431
 11-Dec-20180.0339
 27-Nov-20180.0292
 13-Nov-20180.0158
 30-Oct-20180.0079
 16-Oct-20180.0249
 03-Oct-20180.0080
 18-Sep-20180.0053
 04-Sep-20180.0113
 21-Aug-20180.0195
 07-Aug-20180.0236
 24-Jul-20180.0213
 10-Jul-20180.0188
 26-Jun-20180.0263
 12-Jun-20180.0069

News & Analysis

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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM