JM Tax Gain Direct Plan Growth is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Sanjay Kumar Chhabaria, Chaitanya Choksi is the Current Fund Manager of JM Tax Gain Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹31 Cr and the Latest NAV as of 19 Sep 2019 is ₹17.62.
The JM Tax Gain Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment