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JM Monthly Income Plan Direct Growth
Hybrid
Debt
Moderate Risk
+11.10%
3Y annualised
+0.02% 1D
NAV: 30 Dec '16
₹25.33
Min. SIP amount
Not Supported
Fund size
₹0.00 Cr
Expense ratio
0.00%
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | +3.8% | +8.5% | +11.1% | -- |
| Category average (Hybrid Debt) | -- | -- | -- | -- |
| Rank (Hybrid Debt) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
NA
About JM Monthly Income Plan Direct Growth
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 15 Sep 1994. The fund currently has an Asset Under Management(AUM) of ₹13,584 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.
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Investment Objective
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.
Fund benchmarkCRISIL MIP Blended Index
Fund house
Rank (total assets)#32 in India
Total AUM₹13,583.66 Cr
Date of Incorporation15 Sep 1994
Launch Date15 Sep 1994
AddressOne International Centre, 22nd Floor,Tower 2, Senapati Bapat Marg,Prabhadevi, Mumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,