|Min SIP Amount||Not Supported|
|NAV||₹25.33 (30 Dec 2016)|
|Fund Started||01 Jan 2013|
|Fund Size||₹5 Cr|
JM Monthly Income Plan Direct Growth is a Hybrid 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 Monthly Income Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5 Cr and the Latest NAV as of 30 Dec 2016 is ₹25.33.
The JM Monthly Income Plan Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500.
The scheme seeks to generate regular income by way of investments in high quality debt and money market instruments. It would also aim to achieve capital appreciation through investing a portion of its assets in equity and equity related securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.