|Min SIP Amount||₹500|
|NAV||₹10.82 (06 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹48 Cr|
|HDFC Bank Ltd.||Financial||Equity||9.7%|
|Shree Cement Ltd.||Construction||Equity||9.5%|
|Titan Company Ltd.||Cons Durable||Equity||9.4%|
|Larsen & Toubro Ltd.||Construction||Equity||9.4%|
|Axis Bank Ltd.||Financial||Equity||8.8%|
|Asian Paints Ltd.||Chemicals||Equity||8.4%|
|Bajaj Finance Ltd.||Financial||Equity||7.7%|
|Petronet LNG Ltd.||Energy||Equity||7.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.3%|
JM Core 11 Direct Plan IDCW is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Asit Bhandarkar, Chaitanya Choksi is the Current Fund Manager of JM Core 11 Direct Plan IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹48 Cr and the Latest NAV as of 06 May 2021 is ₹10.82.
The JM Core 11 Direct Plan IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within 60 days.
The objective of the fund is to generate returns by investing predominantly in a concentrated portfolio of equity and equity related securities. The 'concentrated portfolio' will comprise of not more than 11 stocks with each stock being invested to the extent of 9.09% of the NAV of the scheme.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.