- Mutual Funds
- JM Mutual Fund
- JM Overnight Fund (Growth)
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.
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
Scripbox Recommended Overnight Funds
Want the most stable overnight funds for your portfolio?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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 |
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.
Asset allocation and Holdings
Top Debt Holdings
treps-triparty repo
99.8%net current assets
0.2%Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 44,308 cr | |||
₹ 14,441 cr | |||
₹ 18,739 cr | |||
₹ 12,059 cr | |||
₹ 44,308 cr |
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.
| Fund Name | Scripbox 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 Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsJM 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)?
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.