Risk | Low |
---|---|
Min SIP Amount | Not Supported |
Expense Ratio | 0.23% |
NAV | ₹24.51 (27 Apr 2017) |
---|---|
Fund Started | 25 Jun 2003 |
Fund Size | ₹2 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
CBLO(CCIL) | Current Assets | Money Market | 100.1% |
Current Assets | Current Assets | Current Assets | -0.1% |
JM Floater Short term Plan Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 25 Jun 2003. Shalini Tibrewala is the Current Fund Manager of JM Floater Short term Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2 Cr and the Latest NAV as of 27 Apr 2017 is ₹24.51.
The JM Floater Short term Plan Growth is rated Low risk. Minimum SIP Investment is set to 500.
The fund seeks to provide regular income and capital appreciation through investment in floating rate debt instruments, fixed rate debt instrument 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.