JM Monthly Income Plan Growth is a Hybrid Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was introduced to investors on 18 Sep 2003. Shalini Tibrewala is the Current Fund Manager of JM Monthly Income Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹5 Cr and the Latest NAV as of 28 Apr 2017 is ₹24.15.
The JM Monthly Income Plan Growth is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
To generate regular income by way of investments in fixed income securities. The fund would also aim to achieve capital appreciation through investing a portion of its assets in 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment