Formerly JM Floater L/T Dl DR
₹ 10.0275
NAV (Mar 02)
Neutral
However, Scripbox does not recommend investing in dynamic bond mutual funds.
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.
Track Record
14 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
98 Cr. Small within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
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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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
0 %
Expense Ratio
May 22, 2007
Launched (14y ago)
₹ 98
AUM in Crores
INF192K01668
ISIN
No Lock-in
Lock-in
CRISIL Composite Bond Fund TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
JM Financial Asset Management Limited
JM Financial Asset Management Limited manages assets worth 2,691 crores and was set up on 9 June 1994. It's current offering of mutual fund schemes includes 22 equity,54 debt and 31 hybrid funds.
Liquid
Top Ranked
₹ 1,790 Cr
Fund Size
5.8%
3Y returns
Large Cap
Top Ranked
₹ 77 Cr
Fund Size
9.4%
3Y returns
Liquid
Top Ranked
₹ 1,790 Cr
Fund Size
5.8%
3Y returns
Large Cap
Top Ranked
₹ 77 Cr
Fund Size
9.4%
3Y returns
Large Cap
Top Ranked
₹ 77 Cr
Fund Size
8.6%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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JM Dynamic Debt Fund (DR-D) is a dynamic bond debt fund and has delivered an annualised return of 5.1% over a period of 14 years .The fund was previously known as JM Floater L/T Dl DR.The fund is managed by JM Financial Asset Management Limited.The fund manager’s name is Vikas Agrawal.
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. However, there is no assurance that the objective of the scheme will be realized.
The JM Dynamic Debt Fund (DR-D) fund was launched on May 22, 2007. The NAV (Net Asset Value) of this dynamic bond debt as of 2021-03-02 is ₹ 10.0275. The total AUM (Asset Under Management) of the fund as of 2021-03-03 is ₹ 97.336. The category risk of the JM Dynamic Debt Fund (DR-D) fund is Moderate Risk. The fund charges 0.0 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 93.6% in this asset class. The top three holdings of the fund are 5.22% goi 2025,6.18% govt stock 2024 and rural electrification corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 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.
This fund 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 Composite Bond Fund TR INR.
JM Dynamic Debt Fund (DR-D) has a score of 2 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, JM Dynamic Debt Fund (DR-D) has a score of 2 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.