Jm Low Duration Fund - Growth

Jm Low Duration Fund - Growth is a scheme launched by Jm Financial Mutual Fund on September 28, 2006, and falls under the Low Duration fund category. It currently manages an AUM of Rs 228.84 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 1000. It charges an expense ratio of 0.73% for managing the portfolio.

• Investing Strategy:

  To generate stable long term returns with low risk strategy and capital appreciation/accretion besides preservation of capital through investments in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.

• Performance:

  Jm Low Duration Fund - Growth trailing returns over different times are 7.6% (1 year), 6.94% (3 year) and 5.57% (5 year). The average annual return of this fund stands at 5.34%.