| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.22% |
| NAV | ₹24.22 (01 Jan 2017) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2 Cr |
JM Floater Short term Plan Direct Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shalini Tibrewala is the Current Fund Manager of JM Floater Short term Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2 Cr and the Latest NAV as of 01 Jan 2017 is ₹24.22.
The JM Floater Short term Plan Direct Growth is rated Low risk. Minimum SIP Investment is set to 500.
The scheme Objective is to provide regular income and capital appreciation through investment in Floating Rate debt Instruments, fixed rate debt instruments swapped for floating rate returns and also fixed rate instruments and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.