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Objective : JM Equity & Derivative Fund aims to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through the deployment of surplus cash in fixed income instruments.
Structure : Open Ended Debt Scheme
Inception Date : February 21, 2005
Plans and Options under the Plan :
Dividend, Growth, Bonus
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs.5000.
Entry Load : Nil.
Exit Load : For investment of less than & incl. of Rs. 1 Crore: 2% for investments redeemed within 25 days from the date of allotment. 1.5% for investments redeemed within 175 days from the of allotment, for investments above Rs. 1 Crore: 0.50% for investments redeemed / switched out within 25 days from the date of allotment.
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