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 almost 13 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	508.449	7.77%	10,748 cr	0.34%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.346	7.73%	12,180 cr	0.39%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.260	7.72%	4,064 cr	0.32%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4154.654	7.62%	2,093 cr	0.43%	High
HDFC Ultra S/T Fund Direct Growth	14.147	7.59%	12,537 cr	0.36%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2628.894	7.56%	614 cr	0.24%	Average
Kotak Savings Fund Direct Growth	41.075	7.53%	12,372 cr	0.37%	Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	4048.696	7.82%	4,332 cr	0.38%	High
Aditya Birla Sun Life Savings Fund Direct Plan Growth	508.449	7.77%	10,748 cr	0.34%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.346	7.73%	12,180 cr	0.39%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.260	7.72%	4,064 cr	0.32%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3379.646	7.71%	2,228 cr	0.3%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1206.178	7.69%	1,003 cr	0.22%	Below Average
Tata Ultra Short Term Fund Direct Growth	13.593	7.68%	1,978 cr	0.31%	Below Average