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Objective : JM MIP Fund aims to generate regular income, primarily through investments in fixed income securities so as to make monthly, quarterly and annual dividend distribution, declare bonus in the growth option. The Fund would also aim to achieve capital appreciation through investing a portion of its assets in equity and equity related securities.
Structure : Open Ended Income Scheme
Inception Date : September 16, 2003
Plans and Options under the Plan :
Growth, Annual Dividend, Quarterly Dividend, Monthly Dividend
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs. 10,000/-
Entry Load : Nil.
Exit Load : 0.50% if redeemed within 3 months for investments upto and including Rs.5 lakhs; Nil for investments exceeding Rs.5 lakhs.
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