NAV : ₹ 35.176 as of 18 October, 2024
3Y Returns
▲5.74%
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Rating by Value Research
Over the past
Disclaimer: Past performance is not an indicator of future returns
Inclusive of GST
Naghma Khoja
Apr 2022 - Present
Gurvinder Singh Wasan
Apr 2024 - Present
Shalini Tibrewala
Dec 2019 - Present
JM Financial Mutual Fund
Total AUM: 5954.54Cr
JM Financial Mutual Fund is managed by JM Financial Ltd. The firm JM Financial Asset Management Ltd. (previously known as JM Financial Asset Management Private Limited) was established on June 9, 1994. On November 1, 1994, JM Financial Asset Management Ltd. assumed the role of the asset management company for JM Financial Mutual Fund. One of the oldest private sector mutual funds in India, it. reported assets under management (AUM) amounting to Rs. 4583 crores as of December 2023.
Learn more about JM Financial Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of JM Low Duration Fund is ₹35.18
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of JM Low Duration Fund is ₹240.27 Cr.
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of JM Low Duration Fund is ₹100
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of JM Low Duration Fund is 0.71%
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.