- Mutual Funds
- JM Mutual Fund
- JM Low Duration Fund (RIDCW-15D)
Formerly JM Low Duration Fr DR
JM Low Duration Fund (RIDCW-15D)
₹ 11.092
NAV (Oct 03)
Low duration 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.
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
₹ 11.092
NAV (Oct 3)
Fund Returns
Last 1Y | 6.4% |
Last 3Y | 4.5% |
Last 5Y | 4.8% |
Last 10Y | 5.3% |
Since Inception | 5.5% |
6 Month CAGR | 3.4% |
Scheme Information
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 6 months - 12 months. 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 | 0.79 |
Launched (16y ago) | Jul 12, 2007 |
AUM in Crores | 182.099 |
ISIN | INF192K01AX7 |
Lock-in | No Lock-in |
Benchmark | Crisil Low Duration Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.5 |
Standard Deviation (5yr) | 10.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.942 |
Sharpe Ratio (5yr) | 0.012 |
YTM | 7.44 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| JM Low Duration Fund (RIDCW-15D) | 8,21,924 | 89,312 | 4.8% | |
| 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
treps-triparty repo
9.1%national bank for agriculture and rural development
8.2%lic housing finance limited
5.5%6.69% govt stock 2024
5.5%small industries development bank of india
5.5%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
JM Financial Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
31.1% | 13.7% | ||
32.9% | 16.3% | ||
24.6% | 12.1% | ||
24.6% | 9.6% | ||
24.6% | 10.7% |
JM Low Duration Fund (RIDCW-15D) Review
JM Low Duration Fund (RIDCW-15D) is a Low Duration Debt fund and has delivered an annualised return of 5.5% over a period of 16 years. The fund was previously known as JM Low Duration Fr DR. The fund is managed by JM Financial Asset Management Limited. The fund managers are Gurvinder Wasan, Shalini Tibrewala, Vikas Agrawal.
Nav of JM Low Duration Fund (RIDCW-15D) as of 10/3/2023 is ₹11.09 with the total AUM as of 10/4/2023 is ₹182.099. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM Low Duration Fund (RIDCW-15D) was launched on Jul 12, 2007. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for JM Low Duration Fund (RIDCW-15D) 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. Check your estimated returns on mutual funds by using sip calculator.
JM Low Duration Fund (RIDCW-15D) 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 Low Duration Debt TR INR.
JM Low Duration Fund (RIDCW-15D) is rated as a 2 fund in Debt and delivered 6.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with JM Low Duration Fund (RIDCW-15D).
Frequently Asked Questions
What is JM Low Duration Fund (RIDCW-15D)?
How to invest in JM Low Duration Fund (RIDCW-15D)?
You can invest in JM Low Duration Fund (RIDCW-15D) 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 Low Duration Fund (RIDCW-15D)?
The minimum sip amount for JM Low Duration Fund (RIDCW-15D) is ₹1000. You can invest in multiples of ₹5000.
Is JM Low Duration Fund (RIDCW-15D) good to invest in?
As per Scripbox experts, JM Low Duration Fund (RIDCW-15D) is a Neutral fund. You can investJM Low Duration Fund (RIDCW-15D) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the JM Low Duration Fund (RIDCW-15D)?
The expense ratio of the JM Low Duration Fund (RIDCW-15D) is 0.79% for regular plan.