| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.18% |
| NAV | ₹8.99 (29 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹46 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Titan Company Ltd. | Cons Durable | Equity | 10.1% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 9.7% |
| Asian Paints Ltd. | Chemicals | Equity | 9.6% |
| Larsen & Toubro Ltd. | Construction | Equity | 8.9% |
| HDFC Bank Ltd. | Financial | Equity | 8.8% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 8.7% |
| Axis Bank Ltd. | Financial | Equity | 8.5% |
| Shree Cement Ltd. | Construction | Equity | 8.4% |
| Bajaj Finance Ltd. | Financial | Equity | 8.1% |
| Petronet LNG Ltd. | Energy | Equity | 7.9% |
JM Core 11 Direct Plan Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹46 Cr and the Latest NAV as of 29 Oct 2020 is ₹8.99.
The JM Core 11 Direct Plan Growth is rated 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.