JM Short Term Fund Inactive: NAV 36.08 (Sept 2020)
By Market Desk
JM Short Term Fund (debt-short duration) is inactive, not accepting new investments. NAV was 36.08 as of Sept 25, 2020. Learn more about its past performance and holdings.
The JM Short Term Fund(Ex) Regular-Growth, a debt-short duration mutual fund, is currently inactive and has ceased accepting fresh investments. Its Net Asset Value (NAV) was recorded at 36.08 as of September 25, 2020.
Fund Profile and Objectives
Launched on June 24, 2002, by JM Financial Mutual Fund, the scheme aimed to generate regular returns and maintain high liquidity with a low-risk strategy. It also sought capital appreciation through investments in debt and money market instruments.
Investment specifics for the fund outlined precise entry criteria:
- Minimum initial investment: Rs. 5,000
- Minimum additional investment: Rs. 1,000
- Minimum SIP investment: Rs. 500
- Exit load: 0%
Portfolio Holdings Overview
The fund’s portfolio encompassed diverse instruments, including Government of India (GOI) Securities. It also held Non-Convertible Debentures (NCDs) from highly-rated corporate entities.
- Sovereign holdings: Government of India (GOI) Securities
- Corporate NCDs: REC Ltd, rated AAA
- Corporate NCDs: Power Finance Corporation Ltd, rated AAA
Unavailable Performance Data
Comprehensive performance metrics for the JM Short Term Fund(Ex) Regular-Growth are not available. Data points such as ‘Fund Key Highlights’, ‘Trailing Returns’, ‘Rolling Returns’, ‘SIP Returns’, and ‘Risk Ratios’ are explicitly listed as unprovided.
Despite its defined investment objectives and initial structure, the JM Short Term Fund(Ex) Regular-Growth remains closed to new investments. Investors must note the absence of detailed historical performance data for this particular scheme.