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Unrated

JM Liquid Fund - Super Institutional Plan


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 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.

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(₹)
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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 2.65 0.01 0.05 0.25 0.79 1.62 3.19 4.86 5.71 6.43 7.32
CCIL T Bill Liquidity Weight 1.64 0.00 0.02 0.10 0.50 1.05 2.02 3.30 3.60 4.04 4.51
Debt: Liquid 2.58 0.01 0.05 0.25 0.78 1.57 3.13 4.81 5.55 6.26 7.15

As on 26-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
JM Liquid Fund - Super Institutional Plan
Unrated
May-04 3.19 4.86 5.71 -- 980
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.14 4.94 5.73 0.32% 34,592
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.15 4.99 5.76 0.32% 28,554
Axis Liquid Fund
4 star
Oct-09 3.18 4.97 5.77 0.26% 24,318
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.12 4.97 5.76 0.32% 21,655

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.31 24-Mar-2020 - 31-Mar-2020 -0.07 17-Mar-2020 - 24-Mar-2020
Month 0.91 24-Jul-2013 - 23-Aug-2013 0.23 19-Nov-2020 - 19-Dec-2020
Quarter 2.70 24-Jul-2013 - 23-Oct-2013 0.73 20-Oct-2020 - 19-Jan-2021
Year 9.95 01-Sep-2011 - 31-Aug-2012 3.18 02-Jul-2020 - 02-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.86 0.51 1.81 6.71 1.04 1.55
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Liquid 4.76 0.49 1.63 6.49 1.02 1.44

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 17 26 8 34
Modified Duration (yrs) 0.09 0.09 0.06 0.09
Average Maturity (yrs) 0.10 0.10 0.01 0.09
Yield to Maturity (%) 3.49 3.49 2.88 3.47
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 02/12/2021 Treasury Bills SOV 0.00 - 10.14 10.14
up Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 5.95 5.95
equal 7.24% REC 21/10/2021 Debenture AAA 0.00 - 5.11 5.11
new Indian Oil Corporation 46-D 22/10/2021 Commercial Paper A1+ 0.00 - 5.09 5.09
equal HDFC 28/10/2021 Commercial Paper A1+ 0.00 - 5.09 5.09
new Nabha Power 91-D 28/10/2021 Commercial Paper A1+ 0.00 - 5.09 5.09
new Bharti Airtel 45-D 01/11/2021 Commercial Paper A1+ 0.00 - 5.09 5.09
equal Reliance Retail Ventures 89-D 03/11/2021 Commercial Paper A1+ 0.00 - 5.08 5.08
new ICICI Securities 76-D 18/11/2021 Commercial Paper A1+ 0.00 - 5.07 5.07
equal Cholamandalam Investment & Finance Company 18/11/2021 Commercial Paper A1+ 0.00 - 5.07 5.07
new Tata Power Company 86-D 03/12/2021 Commercial Paper A1+ 0.00 - 5.07 5.07
new Reliance Industries 91-D 07/12/2021 Commercial Paper A1+ 0.00 - 5.07 5.07
new Axis Finance 143-D 20/12/2021 Commercial Paper A1+ 0.00 - 4.05 4.05
equal Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 2.54 2.54
new Birla Group Holdings 90-D 23/12/2021 Commercial Paper A1+ 0.00 - 2.53 2.53
new Reserve Bank of India 91-D 28/10/2021 Treasury Bills SOV 0.00 - 1.02 1.02
equal Reserve Bank of India 364-D 25/11/2021 Treasury Bills SOV 0.00 - 1.01 1.01

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-Sep-2021

Fund Manager

— Shalini Tibrewala since 18-May-2004

Education: Ms. Tibrewala is a B.Com (H), ACA and CS.

Experience: She has been associated with JM Financials since 2003.

Funds Managed:

— Vikas Agrawal since 20-Aug-2021

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

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

Funds Managed:


0.01%

Change from previous, NAV as on 26-Oct-2021

Growth: ₹ 32.7260


Investment Strategy

The scheme seeks to provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in Debt and money market securities with maturity of upto 91 days only.

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 (₹) --
Lock-in Period Not Applicable
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: JM Financial Mutual Fund
Launch Date: 19-May-2004
Return Since Launch: 7.03%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 980 Cr (As on 30-Sep-2021)
Expense: -- (As on )
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly06-Aug-20130.0169

 30-Jul-20130.0093
 23-Jul-20130.0135
 09-Jul-20130.0125
 02-Jul-20130.0128
 25-Jun-20130.0122
 18-Jun-20130.0122
 11-Jun-20130.0122
 04-Jun-20130.0124
 28-May-20130.0126
 21-May-20130.0126
 14-May-20130.0128
 07-May-20130.0128
 30-Apr-20130.0127
 23-Apr-20130.0126
 16-Apr-20130.0129
 09-Apr-20130.0132
 02-Apr-20130.0154
 26-Mar-20130.0137
 19-Mar-20130.0131
 12-Mar-20130.0130
 05-Mar-20130.0127
 26-Feb-20130.0128
 19-Feb-20130.0128
 12-Feb-20130.0128
IDCW Daily14-Mar-20130.0019

 13-Mar-20130.0019
 12-Mar-20130.0019
 11-Mar-20130.0018
 10-Mar-20130.0018
 09-Mar-20130.0018
 08-Mar-20130.0018
 07-Mar-20130.0018
 06-Mar-20130.0018
 05-Mar-20130.0018
 04-Mar-20130.0018
 03-Mar-20130.0018
 02-Mar-20130.0018
 01-Mar-20130.0018
 28-Feb-20130.0018
 27-Feb-20130.0018
 26-Feb-20130.0018
 25-Feb-20130.0018
 24-Feb-20130.0018
 23-Feb-20130.0018
 22-Feb-20130.0018
 21-Feb-20130.0018
 20-Feb-20130.0018
 19-Feb-20130.0018
 18-Feb-20130.0018

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: http://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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