|Min SIP Amount||₹500|
|NAV||₹14.60 (25 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹30 Cr|
|Power Finance Corpn. Ltd.||Financial||Bonds/NCD||8.7%|
JM Short Term Plan Direct Dividend Daily is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Girish Hisaria, Vikas Agarwal is the Current Fund Manager of JM Short Term Plan Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹30 Cr and the Latest NAV as of 25 Sep 2020 is ₹14.60.
The JM Short Term Plan Direct Dividend Daily is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme aims to generate regular returns & high liquidity with low risk strategy and capital appreciation through investments in debt & money market instruments with varied yields and maturity profiles.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.