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JM G-Sec Fund

This product is suitable for investors who are seeking* :

  • Regular Income over Medium to Long Term.
  • Investment in sovereign securities issued by the Central and State Government.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Investment Objective
To provide ultimate level of safety to its unitholders through investments in sovereign securities issued by the Central and State Government.

Scheme Features
Inception Date : 29th September, 1999
Type of Scheme : An open-ended dedicated gilts scheme
Plans/Options : Quarterly Dividend Option (Payout & Reinvestment Option), Growth Option, Bonus Option (Principal Units), (Direct) Quarterly Dividend Option (Payout & Reinvestment Option), (Direct) Growth Option & (Direct) Bonus Option (Principal units)
Investment Strategy : In line with the objective of JM G-Sec Fund, the investment strategy has been designed to ensure safety which is a paramount feature of investment in this fund with returns commensurate to investment in Government Securities. The Investment Manager would endeavour to achieve an improved return than the returns traditionally expected from such an instrument by actively managing the portfolio. Further, by enlarging the basket of Government securities, the safety of the Fund as a whole will be elevated to the highest degree than what is normally associated with an individual security.
Minimum Application Amount/Number of Units : Purchase : Rs. 5,000/- for Regular Plan or any amount thereafter
Additional Purchase : Rs. 1,000/- or any amount thereafter.
Repurchase : Minimum redemption from existing Unit Accounts for normal transactions other than through STP/SWP would be a) Rs. 500 and any amount thereafter OR b) 50 units or any number of units there after subject to keeping a minimum balance of 500 units or Rs. 5000/- whichever is less. c) for all the units in the folio for the respective plan if the available balance is less than Rs. 500/- or less than 50 units on the day of submission of valid redemption request.
Entry Load : NIL
Exit Load : Nil
SIP / STP / SWP Option : Available.
Benchmark Index : I-SEC Composite Index
Tax Benefits : Provisions applicable to debt schemes. For more information, click here
Plans / OptionsLatest NAV (Rs.)
Dividend Option23.5777 (24 Oct 2016)
Growth Option51.5891 (24 Oct 2016)
(Direct) Dividend Option24.3353 (24 Oct 2016)
(Direct) Growth Option52.9618 (24 Oct 2016)
(Direct) Bonus Option - Principal Units27.0347 (24 Oct 2016)
Bonus Option - Principal Units25.0964 (24 Oct 2016)
Liquidity : Purchase and redemption of Units at NAV based prices on all Business Days. It will be our endeavour to dispatch redemption proceeds at T+2 working days. However, as per regulations, the Fund is required to dispatch redemption proceeds within 10 Business days of receiving valid redemption request
Fund Manager : Vikas Agrawal
(Total 10 years of experience in fixed income market).
Click here for Monthly Portfolios

Click here for Scheme Performance

Click here for Scheme Comparison

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