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Objective : JM Basic Fund aims to provide capital appreciation to its unitholders through judicious deployment of the corpus of the Scheme in sectors categorized under "basic industry" in the normal parlance and in context of the Indian economy, including but not limited to, energy, petrochemicals, oil & gas, power generation & distribution, electrical equipment suppliers, metals and building material.
Structure : Open Ended Sector Scheme
Inception Date : June 22, 2005
Plans and Options under the Plan :
Dividend and Growth Option.
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs.5000.
Entry Load : 2.25% on all investments of less than Rs.3 crores. Nil on all investments of Rs.3 crore and above.
Exit Load : 2.25% on all investments through SIF and STF, if redeemed within 1 year of allotment/transfer.
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