|Min SIP Amount||₹500|
|NAV||₹9.39 (02 Dec 2020)|
|Fund Started||05 Mar 2008|
|Fund Size||₹47 Cr|
|Asian Paints Ltd.||Chemicals||Equity||9.8%|
|Axis Bank Ltd.||Financial||Equity||9.5%|
|HDFC Bank Ltd.||Financial||Equity||9.4%|
|Maruti Suzuki India Ltd.||Automobile||Equity||9.2%|
|Larsen & Toubro Ltd.||Construction||Equity||9.1%|
|Bharti Airtel Ltd.||Communication||Equity||9.1%|
|Titan Company Ltd.||Cons Durable||Equity||9.0%|
|Shree Cement Ltd.||Construction||Equity||8.2%|
|Petronet LNG Ltd.||Energy||Equity||8.1%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||8.0%|
JM Core 11 Fund Dividend is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 05 Mar 2008. Asit Bhandarkar, Chaitanya Choksi is the Current Fund Manager of JM Core 11 Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹47 Cr and the Latest NAV as of 02 Dec 2020 is ₹9.39.
The JM Core 11 Fund Dividend 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.