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

27.591 (0.009%)

NAV on September 24, 2020

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 35 cr

Turnover Ratio 259.85%

Expense Ratio

Exit Load -

Returns

1M: 0.27%
1Y: 5.88%
3M: 4.68%
3Y: 4.78%
6M: 6.67%
5Y: 6.28%

Min Investment 5,000

Scheme merged into JM Low Duration fund on 25.09.2020.

ADDITIONAL INFO

Fund Manager Vikas Agrawal (Since about 14 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
Aditya Birla Sun Life Savings Fund Direct Plan Growth	559.648	8.37%	19,073 cr	0.33%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4452.318	8.20%	8,578 cr	0.38%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1325.364	8.11%	1,748 cr	0.16%	Average
Axis Ultra Short Duration Fund Direct Growth	15.661	8.10%	6,508 cr	0.36%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	30.030	8.10%	16,245 cr	0.39%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2884.867	8.02%	1,159 cr	0.24%	Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4557.542	8.01%	4,351 cr	0.35%	Below Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	559.648	8.37%	19,073 cr	0.33%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4452.318	8.20%	8,578 cr	0.38%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3711.947	8.14%	4,179 cr	0.3%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1325.364	8.11%	1,748 cr	0.16%	Average
Axis Ultra Short Duration Fund Direct Growth	15.661	8.10%	6,508 cr	0.36%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	30.030	8.10%	16,245 cr	0.39%	Average
Tata Ultra Short Term Fund Direct Growth	14.926	8.09%	4,353 cr	0.28%	Below Average

Other Debt funds by JM Financial

JM Low Duration Fund (Direct) - Growth

Low Duration
JM Medium to Long Dur Fund (Direct) - Growth Option

Medium to Long Duration
JM Dynamic Bond Fund (Direct) - Growth Option

Dynamic Bond

JM Ultra Short Duration Fund (Direct) - Growth Option

previously known as JM Money Mgr Reg Dir Gr until May 25, 2018

ADDITIONAL INFO

ASSET ALLOCATION

CREDIT QUALITY (%)

RISK MEASURES (3 yrs)

INVESTMENT OBJECTIVE

Top Ultra Short Duration Funds

Best Ultra Short Duration Funds

Other Debt funds by JM Financial