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Objective : JM Equity Tax Saver Fund Series- I aims 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.
Structure : Close-ended equity linked savings scheme
Inception Date : December 28, 2006
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs.500.
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 : Nil
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