JM Low Duration Fund Direct Plan-Growth

Q: What are the returns of JM Low Duration Fund?

The JM Low Duration Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 7.04% since inception. JM Low Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.45% 7.32% 9.88% 6.54% 7.04%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹37.9753+0.03% 1 day change	7.04% p.a.	#NA View Ranked Funds	₹227 Crs

Historical NAV & returns

NAV: ₹37.9753 as on Jun 05, 2025

This fund Category average

JM Low Duration Fund overview

Expense ratio	0.34% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹227 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	CRISIL Low Duration Debt A-I Index
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

JM Low Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	0.74%	0.77%
3 Months	2.61%	2.72%
6 Months	4.34%	4.44%
1 Year	8.45%	8.59%
2 Years	7.83%	7.99%
3 Years	7.32%	7.58%
4 Years	6.35%	6.69%
5 Years	9.88%	6.74%
7 Years	6.1%	6.74%
10 Years	6.54%	7.08%

Asset allocationas on Apr 30, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 49.09898475%

A1+ 21.27587143%

AA+ 10.9100942%

SOV 9.77275968%

Top Debt Holdings

Punjab National Bank 8.47%

Reserve Bank of India 7.26%

National Bank For Agriculture & Rural Development 6.61%

Power Finance Corporation Ltd. 6.6%

Allocation by Instruments

Debenture 30.33527719%

Non Convertible Debenture 29.690559909999998%

Certificate of Deposit 17.03500935%

Reverse Repo 9.39781909%

Other Holdings

Others 9.4%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
JM Low Duration Fund	N.A.	₹227 Crs	12 yrs 5 m	0.34%
Sundaram Low Duration Fund	N.A.	₹410 Crs	12 yrs 5 m	0.4%
HDFC Low Duration Fund	N.A.	₹18,185 Crs	12 yrs 5 m	0.45%
Mirae Asset Low Duration Fund	N.A.	₹1,784 Crs	12 yrs 5 m	0.18%
Mahindra Manulife Low Duration Fund	N.A.	₹584 Crs	8 yrs 3 m	0.3%
SBI Magnum Low Duration Fund	N.A.	₹11,632 Crs	12 yrs 5 m	0.43%

Fund name	1M	6M	1Y	3Y	5Y	10Y
JM Low Duration Fund	0.74%	4.34%	8.45%	7.32%	9.88%	6.54%
Sundaram Low Duration Fund	0.73%	4.38%	8.7%	7.56%	8.02%	6.66%
HDFC Low Duration Fund	0.77%	4.42%	8.64%	7.8%	6.83%	7.45%
Mirae Asset Low Duration Fund	0.79%	4.43%	8.64%	7.58%	6.35%	6.73%
Mahindra Manulife Low Duration Fund	0.74%	4.37%	8.56%	7.63%	6.35%	5.73%
SBI Magnum Low Duration Fund	0.78%	4.36%	8.49%	7.54%	6.24%	7.1%

Fund name	Std. deviation	Beta	Sharpe	Sortino
JM Low Duration Fund	0.44	1.12	1.74	2.57
Sundaram Low Duration Fund	0.48	1.14	2.07	3.11
HDFC Low Duration Fund	0.5	1.01	2.41	3.41
Mirae Asset Low Duration Fund	0.43	1.05	2.33	3.54
Mahindra Manulife Low Duration Fund	0.42	1.01	2.5	3.6
SBI Magnum Low Duration Fund	0.45	1.15	2.16	3.39

View all Low Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.89 vs. 3.88 Underperformed at beating benchmark
Sharpe	1.74 vs. 4.21 Poor risk-adjusted returns
Beta	1.12 vs. 2.12 Less sensitive to market ups & downs
Standard deviation	0.44 vs. 0.47 More stable returns

Compare JM Low Duration Fund in detail with

About this fund

About JM Low Duration Fund

JM Low Duration Fund Direct Plan-Growth is a Low Duration mutual fund scheme from Jm Financial Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. JM Low Duration Fund Direct Plan-Growth has ₹227 Crores worth of assets under management (AUM) as on 31/03/2025 and is small fund of its category. The latest Net Asset Value (NAV) of JM Low Duration Fund Direct Plan-Growth as of 05/06/2025 is ₹37.98. The fund has an expense ratio of 0.34%, which is close to what most other Low Duration funds charge.

JM Low Duration Fund Direct Plan-Growth returns of last 1-year are 8.49%. Since launch, it has delivered 7.05% average annual returns. The fund has doubled the money invested in it every 11 yrs.
JM Low Duration Fund Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Punjab National Bank, Reserve Bank of India, National Bank For Agriculture & Rural Development, Power Finance Corporation Ltd., Kotak Mahindra Bank Ltd..

...

Fund AUM	₹227 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Naghma Khoja

She is B.Com, CA and CFA Before joining JM Financial AMC, she was associated with Karvy Capital Limited.

Ruchi Fozdar

Ms. Ruchi is a graduate in science and PGDBM in finance Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund

Killol Pandya

Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research. Prior to joining JM Financial Asset Management Limited he has worked with Barclays Securities India Private Ltd,Peerless Funds Management Co. Limited, LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.

Investment objective

The scheme seeks 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.

JM Financial Mutual Fund details

No. of schemes	15 view all schemes
Total AUM	₹13,831 Crs as on Mar 31, 2025
Address	Office B-8th Floor-Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai, 400025
Phone	022-33797777 / 1800-103-8345

More funds from JM Financial Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
JM Medium to Long Duration Fund	N.A.	₹23 Crs	11.16%	8.68%
JM Dynamic Bond Fund	N.A.	₹47 Crs	11.49%	8.35%
JM Short Duration Fund	N.A.	₹121 Crs	9.89%	N.A.
JM Liquid Fund	N.A.	₹2,680 Crs	7.2%	6.95%
JM Overnight Fund	N.A.	₹99 Crs	6.39%	6.37%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of JM Low Duration Fund?

The current Net Asset Value (NAV) of the JM Low Duration Fund - Direct Growth plan is approximately ₹37.9753 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The JM Low Duration Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 7.04% since inception.

JM Low Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.45%	7.32%	9.88%	6.54%	7.04%

How much does this mutual fund charge as expense ratio?

The JM Low Duration Fund - Direct Growth has an expense ratio of 0.34%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The JM Low Duration Fund currently has assets under management (AUM) or fund size valued at approximately ₹227 Crs crore as of Mar 31, 2025.

To whom does JM Low Duration Fund lend to?

The top 3 debt holdings of JM Low Duration Fund are as follows

Holding Name	Percentage of Portfolio
Punjab National Bank	8.47%
Reserve Bank of India	7.26%
National Bank For Agriculture & Rural Development	6.61%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The JM Low Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	49.09898475%
A1+	21.27587143%
AA+	10.9100942%

What is risk level of JM Low Duration Fund?

This is a Low Duration fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in JM Low Duration Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for JM Low Duration Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in JM Low Duration Fund is complete.

How can I redeem my investments in JM Low Duration Fund?

Redeeming your investments in JM Low Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in JM Low Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Low Duration

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Low Duration funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.