Item: JM Money Market Fund (Direct) Growth Option
Rating: 4
Author: Morningstar

Home › Mutual Funds › JM Financial Mutual Fund › JM Money Market Fund (Direct) Growth Option

28.748 (0.008%)

NAV on September 24, 2020

Category Fixed income:
Money Market

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 24 cr

Turnover Ratio 1551.27%

Expense Ratio

Exit Load -

Returns

1M: Positive return: 0.25%
1Y: Positive return: 4.22%
3M: Positive return: 0.74%
3Y: Positive return: 6.02%
6M: Positive return: 1.79%
5Y: Positive return: 6.65%

Min Investment 5,000

Scheme merged into JM Low Duration fund on 25.09.2020.

ADDITIONAL INFO

Fund Manager Shalini Tibrewala (Since about 8 years)

ISIN INF192K01DS1

Fund Family JM Financial

Launch Date January 01, 2013

Benchmark CRISIL Money Market TR INR

Avg. Maturity 0.01 years

Yield To Maturity (%) 3.13%

INVESTMENT OBJECTIVE

To generate stable long term returns with low risk strategy and capital appreciation/accretion besides preservation of capital through investments in Money Market instruments having maturity of upto 1 year. Investors are required to read all the scheme related information set out in the offer documents carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Money Market Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Aditya Birla Sun Life Money Market Fund Direct Plan Growth	₹ 405.791	6.57%	₹ 29,877 cr	0.19%	Average
Franklin India Money Market Fund Direct Growth	₹ 56.103	6.56%	₹ 3,937 cr	0.14%	Below Average
HDFC Money Market Direct Plan Growth Option	₹ 6309.690	6.56%	₹ 33,192 cr	0.22%	Average
UTI Money Market Fund - Direct Plan - Growth Option	₹ 3377.420	6.54%	₹ 19,468 cr	0.15%	Average
Nippon India Money Market Fund Direct Plan Growth Option	₹ 4550.380	6.53%	₹ 23,624 cr	0.22%	Average
HSBC Money Market Fund Direct Plan Growth Option	₹ 29.941	6.50%	₹ 6,993 cr	0.16%	Average
SBI Money Market Fund Direct Plan Growth	₹ 48.060	6.42%	₹ 32,208 cr	0.26%	Below Average

Best Money Market Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Tata Money Market Fund Direct Plan Growth	₹ 5212.934	6.66%	₹ 34,511 cr	0.18%	Below Average
DSP Money Market Fund Direct Plan Growth	₹ 58.694	6.59%	₹ 10,992 cr	0.18%	Average
Aditya Birla Sun Life Money Market Fund Direct Plan Growth	₹ 405.791	6.57%	₹ 29,877 cr	0.19%	Average
Franklin India Money Market Fund Direct Growth	₹ 56.103	6.56%	₹ 3,937 cr	0.14%	Below Average
HDFC Money Market Direct Plan Growth Option	₹ 6309.690	6.56%	₹ 33,192 cr	0.22%	Average
Mirae Asset Money Market Fund Direct Growth	₹ 1381.847	6.46%	₹ 3,587 cr	0.09%	Average