- Mutual Funds
- JM Mutual Fund
- JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A)
Formerly JM Dynamic Debt Bns Princ
JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A)
₹ 37.4443
NAV (Apr 23)
Dynamic bond funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Dynamic Bond Funds have the flexibility to invest in instruments across duration.The exposure is dependent on the outlook of the Fund Manager.
Such funds are also allowed to invest across the credit quality spectrum.They tend to be exposed to higher credit risk and longer maturity paper which makes them quite volatile.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 37.4443
NAV (Apr 23)
Fund Returns
Last 1Y | 5.8% |
Last 3Y | 4.9% |
Last 5Y | 5.3% |
Last 10Y | 6.7% |
Since Inception | 6.9% |
6 Month CAGR | 3.5% |
Scheme Information
The investment objective will be to actively manage a portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unit holders. 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.
Expense Ratio | 0.98 |
Launched (11y ago) | Apr 08, 2013 |
AUM in Crores | 40.392 |
ISIN | INF192K01EX9 |
Lock-in | No Lock-in |
Benchmark | CRISIL Dynamic Bond TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.2 |
Standard Deviation (5yr) | 1.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.214 |
Sharpe Ratio (5yr) | 0.184 |
YTM | 7.18 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) | 8,32,037 | 99,425 | 5.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.18% govt stock 2037
37%7.37% govt stock 2028
34.9%treps-triparty repo
13.2%7.38% govt stock 2027
10%net current assets
4.6%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 10,293 cr | ||
₹ 4,923 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
JM Financial Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
29.4% | 15.1% | ||
29.4% | 14.9% | ||
29.4% | 14.9% | ||
30.2% | 16.9% | ||
23.2% | 9.4% |
JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) Review
JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) is a Dynamic Bond Debt fund and has delivered an annualised return of 6.9% over a period of 11 years. The fund was previously known as JM Dynamic Debt Bns Princ. The fund is managed by JM Financial Asset Management Limited. The fund managers are Gurvinder Wasan, Naghma Khoja, Ruchi Fozdar.
Nav of JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) as of 4/23/2024 is ₹37.44 with the total AUM as of 4/24/2024 is ₹40.392. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) was launched on Apr 08, 2013. The category risk of the fund is Moderate Risk.
The minimum SIP amount for JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Dynamic Bond TR INR.
JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) is rated as a 2 fund in Debt and delivered 5.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A).
Frequently Asked Questions
What is JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A)?
How to invest in JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A)?
You can invest in JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A)?
The minimum sip amount for JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) good to invest in?
As per Scripbox experts, JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) is a Neutral fund. You can investJM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A)?
The expense ratio of the JM Dynamic Bond Fund Bonus Principal Units (PIDCW-A) is 0.98% for regular plan.