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Objective : JM Hi Fi Fund aims to generate medium to long term capital growth from a portfolio that is substantially constituted of equity & equity related securities of companies which could benefit from the structural changes brought about by the continuing liberalization in economic policies and investments by the Government in the housing, infrastructure and financial services sectors.
Structure : Open Ended Sector Scheme
Inception Date : March 20, 2006
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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