JM Money Market Fund - Direct - Growth is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Vikas Agarwal is the Current Fund Manager of JM Money Market Fund - Direct - Growth.The fund currently has an Asset Under Management(AUM) of ₹35 Cr and the Latest NAV as of 28 May 2018 is ₹25.12.
The JM Money Market Fund - Direct - Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To generate stable long term returns with low risk strategy and capital appreciation/accretion through investments in debt instruments and related securities besides 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