Fund Details
JM Income Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.00% |
| NAV | ₹54.49 (15 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹18 Cr |
Returns
Comparison
1. Lower expense ratio - 0.4%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 58.2% |
Fund Managers
JM Income Fund Direct Growth Details
JM Income Fund 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. Vikas Agarwal is the Current Fund Manager of JM Income Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹18 Cr and the Latest NAV as of 15 Jun 2021 is ₹54.49.
The JM Income Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to provide high degree of liquidity, along with current income and capital preservation through a mix of debt and equity.
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.
