JM Income Fund Direct Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Vikas Agarwal is the Current Fund Manager of JM Income Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 15 Nov 2019 is ₹48.90.
The JM Income Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
Aims to provide high degree of liquidity to investors and at the same time providing current income and preservation of capital.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment