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  • JM Mutual Fund
  • JM Overnight Fund (Growth)
JM Mutual Fund

JM Overnight Fund (Growth)

DebtOvernight

1088.1444

NAV (Jun 22)

3.4%
Till Date CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in overnight mutual funds.

However, Scripbox does not recommend investing in overnight mutual funds.

Overnight Funds invest in securities with a maturity of 1 day.

These investments have very low interest rate risk; however this also reduces return.

The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.

Our analysis of this fundLearn how we rate funds ->

Track Record

3 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.

Relative Size

236 Cr. Negligible within the category

Impact of Interest Rate Changes

Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

Invest in this fund

Scripbox Recommended Overnight Funds

Want the most stable overnight funds for your portfolio?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1088.1444

NAV (Jun 22)

Fund Returns

Last 1Y

3.4%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

3.4%

6 Month CAGR

1.8%

Scheme Information

Investment Objective

The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity,through investments made primarily in overnight securities having maturity of 1 business day. Investors are required to read all the scheme related information set out in this 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.

Expense Ratio

0.14

Launched (3y ago)

Dec 03, 2019

AUM in Crores

235.546

ISIN

INF192K01LP0

Lock-in

No Lock-in

Benchmark

CRISIL Overnight Index TR INR

SIP Minimum

0

Lumpsum Min.

5000

Fund Managers

Prashant Pimple

Fund Manager

Shalini Tibrewala

Fund Manager

Vikas Agrawal

Fund Manager

Naghma Khoja

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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

Last updated on 2022-06-22

Top Debt Holdings

treps-triparty repo

99.8%
99.8%

net current assets

0.2%
0.2%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

About the AMC

JM Financial Asset Management Limited

JM Financial Asset Management Limited manages assets worth 2,888 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.

amc-img

  • 022-61987704
  • investor@jmfl.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    13.3%

    11.2%

    12.5%

    6.2%

    13.3%

    7.4%

    13.3%

    7.3%

    12.5%

    6.2%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    JM Overnight Fund (G) Review

    JM Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 3.4% over a period of 2 years. The fund is managed by JM Financial Asset Management Limited. The fund managers are Naghma Khoja, Prashant Pimple, Shalini Tibrewala, Vikas Agrawal.

    Nav of JM Overnight Fund (G) as of 6/22/2022 is ₹1088.14 with the total AUM as of 6/24/2022 is ₹235.546. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM Overnight Fund (G) was launched on Dec 03, 2019. The category risk of the fund is Low Risk.

    The minimum SIP amount for JM Overnight Fund (G) 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 Overnight Fund (G) 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 Overnight Index TR INR.

    JM Overnight Fund (G) is rated as a 2 fund in Debt and delivered 3.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with JM Overnight Fund (G).

    Frequently Asked Questions

    What is JM Overnight Fund (G)?

    JM Overnight Fund (G) is a Overnight Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in JM Overnight Fund (G)?

    You can invest in JM Overnight Fund (G) 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 Overnight Fund (G)?

    The minimum sip amount for JM Overnight Fund (G) is ₹0. You can invest in multiples of ₹5000.

    Is JM Overnight Fund (G) good to invest in?

    As per Scripbox experts, JM Overnight Fund (G) is a Neutral fund. You can investJM Overnight Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the JM Overnight Fund (G)?

    The expense ratio of the JM Overnight Fund (G) is 0.14% for regular plan.