Analyst’s Choice
JM Low Duration Fund - Direct Plan
Factsheet
Value Research Rating
Riskometer
Low to Moderate
₹33.6914 0.09%
As on 28-Nov-2023
Investment Strategy
The scheme seeks 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.
Returns
This fund's returns are currently better than the category average.
This fund’s holdings are mostly in Large Cap stocks and in debt instruments, which means it’s following
a conservative investment strategy. Last updated 2 days ago. Learn More
to
Please wait...
Risk
This fund has Low to Moderate risk.
low
Low to Moderate
Moderate
Moderately High
High
Very High
As per SEBI's Riskometer.
Suitability
"Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund."Portfolio of JM Low Duration Fund - Direct Plan
This fund's portfolio is largely conservative
This fund’s holdings are mostly in Large Cap stocks and in debt instruments, which means it’s following a
conservative investment strategy. Last updated 2 days ago.Learn More
Asset Allocation
Split between different types of investments
Please wait...
Credit Rating Weightage
Split between categories of Equity investments
Please wait...
Taxation
Capital Gains Taxation
- If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
- If investment is made before 1 April 2023:
- Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
- Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
- No tax is to be paid as long as you continue to hold the units.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Peer Comparison
This fund compares better than its peers in most aspects.
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
JM Low Duration Fund - Direct Plan
|
|
|
Low to Moderate
|
Please wait... |
0.35 |
|
 |
|
Low to Moderate
|
Please wait... |
0.45 |
||
|
|
Moderate
|
Please wait... |
0.38 |
||
|
|
Low to Moderate
|
Please wait... |
0.38 |
||
 |
|
Low to Moderate
|
Please wait... |
0.35 |
Other details of JM Low Duration Fund - Direct Plan
Assets
₹186 Cr
Exit Load (Days)
--
Min. Investment (₹)
1,000
Min. Withdrawal (₹)
500
Min. SIP Investment (₹)
100
Min. No of Cheques
12
Latest news on JM Low Duration Fund - Direct Plan
Merger of four Schemes of JM Mutual Fund
1 min read
FAQ for JM Low Duration Fund - Direct Plan
What is JM Low Duration Fund - Direct Plan?
JM Low Duration Fund - Direct Plan is mandated to invest in bonds such that the duration of the portfolio is between six to twelve months, and therefore it is suitable to invest in for a similar time frame.
How to Invest in JM Low Duration Fund - Direct Plan?
Mutual funds can be bought directly from the website of the fund house. For instance, JM Low Duration Fund - Direct Plan fund can be purchased from the website of JM Financial Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
What is the current NAV of JM Low Duration Fund - Direct Plan?
The NAV of JM Low Duration Fund - Direct Plan is ₹33.6914 as of 29-Nov-2023.
What is the AUM of JM Low Duration Fund - Direct Plan?
The AUM of JM Low Duration Fund - Direct Plan Fund is ₹186 Cr as of 31-Oct-2023
What is the Riskometer level of JM Low Duration Fund - Direct Plan?
The riskometer level of JM Low Duration Fund - Direct Plan is Low to Moderate. See More
What are the top holdings of JM Low Duration Fund - Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
|
Larsen & Toubro Ltd Debenture 7.70 28/04/2025 |
8.08
|
|
National Bank For Agriculture & Rural Development SR 21F Debenture 5.44 05/02/2024 |
8.04
|
|
Power Finance Corporation Ltd SR-124 C Bonds 8.48 09/12/2024 |
5.43
|
|
LIC Housing Finance Ltd SR TR 379 OPT NCD 8.79 05/03/2024 |
5.40
|
|
Bharat Petroleum Corporation Ltd SERIES I Debenture 8.02 11/03/2024 |
5.39
|
What is the asset allocation of JM Low Duration Fund - Direct Plan?
As of 31-Oct-2023, JM Low Duration Fund - Direct Plan had invested 91.93% in Debt and 7.87% in Cash & Cash Eq. See More
How are the returns of JM Low Duration Fund - Direct Plan?
JM Low Duration Fund - Direct Plan is 10 years 11 months old. It has delivered 6.89% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
6.99%
|
4.88%
|
5.34%
|
5.71%
|
6.68%
|
6.89%
|
Is there any lock-in period for JM Low Duration Fund - Direct Plan?
No, There is no lock in period in JM Low Duration Fund - Direct Plan.
What is the expense ratio of JM Low Duration Fund - Direct Plan?
The expense ratio of JM Low Duration Fund - Direct Plan is 0.35.
Please wait...
Please wait...
Please wait...
Please wait...
Please wait...
What can Value Research do for you?
Solidify your fundamentals
Learn the principles, mindset and tools you need to become a successful Mutual Fund and Stock investor from the masters who have been doing this for decades.
Track all your investments
Use India's most advanced investment tracker to track, analyse and get updates and insights on your investments.
Get guidance from our experts
Get an analysis of your portfolio along with actionable, general tips and insights, guidance on where to invest based on your goals, and experts' opinions on individual Mutual Funds and Stocks.
Get access to exclusive analytics
Value Research offers the most advanced and detailed data & analytics available on Mutual Funds and Stocks. Sign up and unlock the power yourself.
Explore it yourself, for free
Sign up and get access to:
Unlimited access to advice from India's top experts
The most comprehensive analysis of funds and stocks in India
A holistic portfolio manager to help track all your investments easily
And much more, like guides, tools, webinars, videos and eBooks.