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Fund Overview
Fund Size
₹3,240 Cr
Expense Ratio
0.15%
ISIN
INF192K01CM6
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
JM Liquid Fund Direct Growth is a Liquid mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 11 years, 10 months and 20 days, having been launched on 01-Jan-13.
As of 20-Nov-24, it has a Net Asset Value (NAV) of ₹69.05, Assets Under Management (AUM) of 3240.07 Crores, and an expense ratio of 0.15%.
As of 20-Nov-24, it has a Net Asset Value (NAV) of ₹69.05, Assets Under Management (AUM) of 3240.07 Crores, and an expense ratio of 0.15%.
- JM Liquid Fund Direct Growth has given a CAGR return of 6.88% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.84% in cash & cash equivalents.
- You can start investing in JM Liquid Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.38%
+5.80% (Cat Avg.)
3 Years
+6.31%
+5.37% (Cat Avg.)
5 Years
+5.31%
+4.39% (Cat Avg.)
10 Years
+6.42%
+5.13% (Cat Avg.)
Since Inception
+6.88%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Others | ₹3,240.07 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps-Triparty Repo | Cash - Repurchase Agreement | ₹207.86 Cr | 6.42% |
| Punjab National Bank Cd** | Cash | ₹148.4 Cr | 4.58% |
| Bank Of Baroda Cd** | Cash | ₹148.09 Cr | 4.57% |
| Canara Bank Cd** | Cash | ₹143.63 Cr | 4.43% |
| Icici Bank Ltd.Cd** | Cash | ₹124.27 Cr | 3.84% |
| Kotak Mahindra Bank.Cd** | Cash | ₹123.96 Cr | 3.83% |
| 91 DTB 05122024 | Bond - Gov't/Treasury | ₹103.99 Cr | 3.21% |
| Punjab National Bank Cd | Cash | ₹99.65 Cr | 3.08% |
| Sidbi Ltd.Cd** | Cash | ₹99.54 Cr | 3.07% |
| Reliance Jio Infocomm Ltd.Cp** | Cash | ₹99.43 Cr | 3.07% |
| State Bank Of India.Cd** | Cash | ₹99.38 Cr | 3.07% |
| Aditya Birla Finance Ltd.Cp** | Cash | ₹99.26 Cr | 3.06% |
| Icici Securities Ltd.Cp** | Cash | ₹99.21 Cr | 3.06% |
| Pnb Housing Finance Ltd.Cp** | Cash | ₹98.99 Cr | 3.06% |
| Hdfc Securities Ltd.Cp** | Cash | ₹98.8 Cr | 3.05% |
| Nabard Cd** | Cash | ₹98.74 Cr | 3.05% |
| 364 DTB 12122024 | Bond - Gov't/Treasury | ₹74.66 Cr | 2.30% |
| Bajaj Housing Finance Ltd.Cp** | Cash | ₹69.24 Cr | 2.14% |
| 91 DTB 09012025 | Bond - Gov't/Treasury | ₹51.51 Cr | 1.59% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.08 Cr | 1.55% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹49.96 Cr | 1.54% |
| 360 One Prime Ltd.Cp** | Cash | ₹49.96 Cr | 1.54% |
| 91 DTB 28112024 | Bond - Gov't/Treasury | ₹49.9 Cr | 1.54% |
| Aditya Birla Housing Finance Ltd.Cp** | Cash | ₹49.89 Cr | 1.54% |
| Standard Chartered Capital Ltd.Cp** | Cash | ₹49.88 Cr | 1.54% |
| Redington Ltd.Cp** | Cash | ₹49.76 Cr | 1.54% |
| Icici Securities Primary Dealership Ltd.Cp | Cash | ₹49.76 Cr | 1.54% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.71 Cr | 1.53% |
| Godrej Properties Ltd.Cp** | Cash | ₹49.69 Cr | 1.53% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹49.65 Cr | 1.53% |
| Axis Bank Ltd.Cd** | Cash | ₹49.64 Cr | 1.53% |
| 364 DTB 02052024 | Bond - Gov't/Treasury | ₹49.41 Cr | 1.52% |
| Idfc First Bank Ltd.Cd** | Cash | ₹49.4 Cr | 1.52% |
| Union Bank Of India Cd** | Cash | ₹49.33 Cr | 1.52% |
| Muthoot Finance Ltd.Cp** | Cash | ₹49.25 Cr | 1.52% |
| Hdfc Bank Ltd.Cd** | Cash | ₹49.23 Cr | 1.52% |
| Icici Home Finance Ltd.Cp** | Cash | ₹49.21 Cr | 1.52% |
| Reliance Retail Ventures Ltd.Cp** | Cash | ₹49.19 Cr | 1.52% |
| Aditya Birla Money Ltd.Cp** | Cash | ₹49.11 Cr | 1.52% |
| 364 Day T-Bill 30.01.25 | Bond - Gov't/Treasury | ₹46.39 Cr | 1.43% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.77% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹24.97 Cr | 0.77% |
| Sidbi Ltd.Cd | Cash | ₹24.6 Cr | 0.76% |
| Hdfc Bank Ltd.Cd | Cash | ₹14.93 Cr | 0.46% |
| Net Current Assets | Cash | ₹9.63 Cr | 0.30% |
| Corporate Debt Market Development Fund - Class A2 Units | Mutual Fund - Open End | ₹5.02 Cr | 0.16% |
| 91 DTB 21112024 | Bond - Gov't/Treasury | ₹3.04 Cr | 0.09% |
| 182 DTB 18112024 | Bond - Gov't/Treasury | ₹3 Cr | 0.09% |
| 364 Days T - Bill- 06/02/2025 | Bond - Gov't/Treasury | ₹2.86 Cr | 0.09% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹2,393.05 Cr | 73.86% |
| Bond - Gov't/Treasury | ₹434.4 Cr | 13.41% |
| Cash - Repurchase Agreement | ₹207.86 Cr | 6.42% |
| Bond - Corporate Bond | ₹150.03 Cr | 4.63% |
| Bond - Short-term Government Bills | ₹49.71 Cr | 1.53% |
| Mutual Fund - Open End | ₹5.02 Cr | 0.15% |
Risk & Performance Ratios
Standard Deviation
This fund
0.40%
Cat. avg.
0.61%
Lower the better
Sharpe Ratio
This fund
1.48
Cat. avg.
-1.36
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.11
Higher the better
Fund Managers
GW
Gurvinder Wasan
Since April 2024
NK
Naghma Khoja
Since October 2021
RF
Ruchi Fozdar
Since April 2024
Additional Scheme Detailsas of 15th November 2024
ISIN INF192K01CM6 | Expense Ratio 0.15% | Exit Load No Charges | Fund Size ₹3,240 Cr | Age 11 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Liquid Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3795.59 Cr | 7.4% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹66.48 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹788.53 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹788.53 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹622.00 Cr | 5.8% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹14805.38 Cr | 7.4% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹307.19 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹860.86 Cr | 7.3% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹860.86 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹307.19 Cr | 7.2% |
About the AMC
JM Financial Mutual Fund
Total AUM
₹13,183 Cr
Address
502, 5th Floor, A - Wing, Mumbai, 400 051
Other Funds by JM Financial Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| JM Fixed Maturity Fund Series 28 Plan B Direct Growth Moderate Risk | - | 0.0% | - | - |
| JM Fixed Maturity Fund Series 28 Plan A Direct Growth Moderate Risk | - | 0.0% | - | - |
| JM Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹184.36 Cr | 8.1% |
| JM Equity Hybrid Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹678.92 Cr | 35.0% |
| JM Focused Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹196.38 Cr | 30.8% |
| JM Value Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1066.84 Cr | 35.1% |
| JM Low Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹232.88 Cr | 7.8% |
| JM Large Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹456.66 Cr | 30.4% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3240.07 Cr | 7.4% |
| JM Dynamic Bond Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹45.99 Cr | 8.6% |
| JM Medium to Long Duration Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹28.56 Cr | 8.7% |
| JM Flexicap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹4721.61 Cr | 42.8% |
| JM Tax Gain Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹180.91 Cr | 36.6% |
| JM Midcap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹1691.09 Cr | 40.6% |
| JM Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹200.81 Cr | 6.8% |
| JM Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹125.65 Cr | 8.0% |
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of JM Liquid Fund Direct Growth?
The NAV of JM Liquid Fund Direct Growth, as of 20-Nov-2024, is ₹69.05.
What are the returns of JM Liquid Fund Direct Growth?
The fund has generated 7.38% over the last 1 year and 6.31% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of JM Liquid Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 99.84% in cash and cash equivalents.
Who manages the JM Liquid Fund Direct Growth?
The fund managers responsible for JM Liquid Fund Direct Growth are:-
- Gurvinder Wasan
- Naghma Khoja
- Ruchi Fozdar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.