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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹100 & Lump. ₹5000

AUM (Fund size)

₹24 Cr

Lock In Period

N/A

Expense Ratio

0.47

Benchmark

CRISIL Money Market Index

Exit Load

Nil

Summary

Latest details for JM Money Market Fund Growth include a ₹28.2812 NAV as of Sep 25,2020 and returns since inception of 18.42%. Minimum investments start at SIP ₹100. The JM Money Market Fund Growth AUM is ₹24 Cr, with a lock-in of N/A years, expense ratio of 0.47%, and benchmark CRISIL Money Market Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.23% returns, against a category average of 2.65% and a category best of 2.25%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.232.652.25
6M1.701.658.29
1Y4.005.848.42
3Y5.8016.5885.19

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2020-06-30
View allocation % by

1. TREPS43.15%
2. 91 Days Treasury-Bill 27/08/202020.31%
3. 91 Days Treasury-Bill 03/09/202020.30%
4. L&T Finance Ltd. CP7.74%
5. Net Current Assets0.34%

1. SIDBI Ltd CD8.16%

About Fund

JM Money Market Fund Growth managed by JM Financial Mutual Fund,is a Money Marketscheme with Assets Under Management of ₹24 Crore. The fund benchmarks its performance against the CRISIL Money Market Index while maintaining an expense ratio of 0.47. Under the expert guidance of Vikas Agrawal ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Vikas Agrawal

Mr. Vikas has done B.Com and PGDBM (Finance). He has 8 years of work experience in fixed income market and has worked with Centrum Capital, Stratcap Securities and SPA Securities. In his earlier assignments, he was responsible for origination and placement of short term / long term bonds.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundDSP Savings Fund - Unclaimed Redemption - Beyond 3 years Growth03552.89 CR0.58
This FundIndiabulls Savings Fund Growth00.81 CR0.22
This FundJM Money Market Fund Growth224.14 CR0.47
This FundAxis Money Market Fund Growth521116.29 CR0.34
This FundUTI Money Market Fund Growth521693.69 CR0.21
Fund Name1Y3Y
This FundDSP Savings Fund - Unclaimed Redemption - Beyond 3 years Growth00
This FundIndiabulls Savings Fund Growth5.53630
This FundJM Money Market Fund Growth4.001418.4196
This FundAxis Money Market Fund Growth6.344523.5441
This FundUTI Money Market Fund Growth6.342723.6351

FAQs

JM Money Market Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of JM Money Market Fund Growth is 0.47. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

JM Money Market Fund Growth’s fund performance is as follows:
  • 1 Month : 0.23%
  • 6 Months : 1.70%
  • 1 Year : 4.00%
  • 3 Years : 5.80%
Returns of JM Money Market Fund Growth are updated daily based on NAV of ₹ 28.2812 as on Sep 25,2020. Since inception, the return has been 18.42%.

You can invest in JM Money Market Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of JM Money Market Fund Growth is ₹24 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in JM Money Market Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500