- Mutual Funds
- JM Mutual Fund
- JM Overnight Fund (RIDCW-W)
Formerly JM Overnight Reg Wk DR
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1001.0521
NAV (Apr 15)
Fund Returns
Last 1Y | 6.7% |
Last 3Y | 5.1% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 4.5% |
6 Month CAGR | 3.3% |
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 | 0.15 |
Launched (5y ago) | Dec 05, 2019 |
AUM in Crores | 314.944 |
ISIN | INF192K01LW6 |
Lock-in | No Lock-in |
Benchmark | CRISIL Liquid Overnight TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.4 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -9.26 |
Sharpe Ratio (5yr) | 0 |
YTM | 6.69 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| JM Overnight Fund (RIDCW-W) | 8,27,973 | 95,361 | 5.1% | |
| 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
99.8%net current assets
0.2%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 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 | |
|---|---|---|---|
27.8% | 14.9% | ||
27.8% | 14.8% | ||
27.8% | 14.8% | ||
28.4% | 16.8% | ||
21.4% | 9.2% |
JM Overnight Fund (RIDCW-W) Review
JM Overnight Fund (RIDCW-W) is a Overnight Debt fund and has delivered an annualised return of 4.5% over a period of 4 years. The fund was previously known as JM Overnight Reg Wk DR. The fund is managed by JM Financial Asset Management Limited. The fund managers are Gurvinder Wasan, Naghma Khoja, Ruchi Fozdar.
Nav of JM Overnight Fund (RIDCW-W) as of 4/15/2024 is ₹1001.05 with the total AUM as of 4/16/2024 is ₹314.944. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM Overnight Fund (RIDCW-W) was launched on Dec 05, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for JM Overnight Fund (RIDCW-W) 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 Overnight Fund (RIDCW-W) 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 Liquid Overnight TR INR.
JM Overnight Fund (RIDCW-W) is rated as a 0 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with JM Overnight Fund (RIDCW-W).
Frequently Asked Questions
What is JM Overnight Fund (RIDCW-W)?
How to invest in JM Overnight Fund (RIDCW-W)?
You can invest in JM Overnight Fund (RIDCW-W) 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 (RIDCW-W)?
The minimum sip amount for JM Overnight Fund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.
Is JM Overnight Fund (RIDCW-W) good to invest in?
As per Scripbox experts, JM Overnight Fund (RIDCW-W) is a Not Reviewed Yet fund. You can investJM Overnight Fund (RIDCW-W) 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 (RIDCW-W)?
The expense ratio of the JM Overnight Fund (RIDCW-W) is 0.15% for regular plan.