Item: JM Ultra Short Duration Fund (Direct) - Growth Option
Rating: 4
Author: Morningstar

Home › Mutual Funds › JM Financial Mutual Fund › JM Ultra Short Duration Fund (Direct) - Growth Option

27.578 (0.012%)

NAV on September 18, 2020

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 35 cr

Turnover Ratio 599.51%

Expense Ratio

Exit Load -

Returns

1M: 0.23%
1Y: 5.86%
3M: 4.72%
3Y: 4.77%
6M: 6.42%
5Y: 6.29%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Vikas Agrawal (Since about 9 years)

ISIN INF192K01DO0

Fund Family JM Financial

Launch Date January 01, 2013

Benchmark CRISIL Ultra Short Term Debt TR INR

Avg. Maturity 0.37 years

Yield To Maturity (%) 3.37%

INVESTMENT OBJECTIVE

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 3 months - 6 months. Investors are required to read all the scheme related information set out in the offer document 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 Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
PGIM India Ultra Short Term Fund Direct Plan Growth	26.982	53.81%	142 cr	0.30%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	22.258	8.00%	6,940 cr	0.39%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	416.647	7.63%	16,218 cr	0.34%	Average
Kotak Savings Fund Direct Growth	33.947	7.00%	11,176 cr	0.33%	Below Average
SBI Magnum Ultra Short Duration Fund Direct Plan Growth	4622.857	6.82%	12,635 cr	0.33%	Below Average
L&T Ultra Short Term Fund Direct Plan Growth	34.428	6.55%	2,045 cr	0.23%	Below Average
Indiabulls Ultra Short Term Fund - Direct Plan - Growth Option	2063.091	6.50%	22 cr	0.11%	Below Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
PGIM India Ultra Short Term Fund Direct Plan Growth	26.982	53.81%	142 cr	0.3%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	22.258	8.00%	6,940 cr	0.39%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	416.647	7.63%	16,218 cr	0.34%	Average
HDFC Ultra S/T Fund Direct Growth	11.668	7.18%	11,891 cr	0.34%	-
Kotak Savings Fund Direct Growth	33.947	7.00%	11,176 cr	0.33%	Below Average
Axis Ultra Short Term Fund Direct Growth	11.677	6.89%	4,062 cr	0.28%	-
SBI Magnum Ultra Short Duration Fund Direct Plan Growth	4622.857	6.82%	12,635 cr	0.33%	Below Average