JM Liquid Fund

Income-oriented debt or money-market exposure

To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in Debt and money market securities with maturity of upto 91 calendar days only. Investors are required to read all the scheme related information set out in this document carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.

How the money may be invested

Debt & Money Market Instruments with maturity up to 91 calendar days -0% -100%. Exposure in securitized debt 0%-50% of net assets of this scheme with low risk profile.

SEBI category

Liquid Fund

Fund type

An Open-Ended Liquid Scheme. A relatively low interest rate risk and moderate credit risk

Primary benchmark

CRISIL Liquid Debt A-I Index

Secondary benchmark

Crisil 1 Year T Bill

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Manager and scheme tenure

Fund manager(s)

Mr. Killol Pandya, Ms. Ruchi Fozdar, Mr. Jayant Dhoot

Manager tenure on this scheme

Since Mr. Killol Pandya - 05/11/2024, Ms. Ruchi Fozdar - 03/04/2024, Mr. Jayant Dhoot - 01/08/2025

Role / co-management

Fund Manager - Mr. Killol Pandya, Co-Fund Managers - Ms. Ruchi Fozdar, Mr. Jayant Dhoot

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

What you pay and how money moves

Stated expense ratio

Regular 0.28%, Direct 0.19%

Exit load

Day 1 - 0.0070%,Day 2 - 0.0065%,Day 3 - 0.0060%,Day 4 - 0.0055%,Day 5 - 0.0050%,Day 6 - 0.0045%,Day 7 onwards - Nil

Minimum application

1000 · multiples of 1

SIP frequency

SIP - Daily, Weekly, Fortnightly, Monthly, Quarterly, STP - Daily,Weekly, Fortnightly, Monthly , Quarterly, SWP - Monthly, Quarterly, Half Yearly , Yearly

Minimum SIP amount

SIP - Daily, Weekly and Fortnightly - Rs. 500 - 6 Installments ; Monthly and Quarterly - Rs. 1000 - 6 Installments, STP- Daily 60 installments: 100 each. Further in multiples of Re 1/- Weekly/Fortnightly/Monthly : 12 installments for Rs. 500 or 6 installments for Rs. 1000 each. Further in multiple of Re 1/-. Quaterly : 3000 each 2 Instalments, SWP - Fixed Amount Withdrawal (FAW) - 5 instalments for Rs. 500/- each. Further in multiples of Re. 1/-; Capital Appreciation Withdrawal (CAW) - 5 instalments for Rs. 500/- each. Further in multiples of Re. 1/-

Minimum instalments

SIP - Daily, Weekly, Fortnightly, Monthly, Quarterly - 6; STP - Daily - 60, Weekly - 12 , Fortnightly - 12 , Monthly - 12 Quarterly - 2 , SWP- 5 Instalments

How a mutual-fund investment is paid

1. Complete KYCIdentity, PAN, bank and contact verification are required.
2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.