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.
To provide ultimate level of safety to its unitholders through investments in sovereign securities issued by the Central and State Government.
||29th September, 1999|
|Type of Scheme
||An open-ended dedicated gilts scheme|
||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)
||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.
|SIP / STP / SWP Option
||I-SEC Composite Index|
||Provisions applicable to debt schemes. For more information, click here|
|Plans / Options||Latest NAV (Rs.)|
|Dividend Option||23.5777 (24 Oct 2016) |
|Growth Option||51.5891 (24 Oct 2016) |
|(Direct) Dividend Option||24.3353 (24 Oct 2016) |
|(Direct) Growth Option||52.9618 (24 Oct 2016) |
|(Direct) Bonus Option - Principal Units||27.0347 (24 Oct 2016) |
|Bonus Option - Principal Units||25.0964 (24 Oct 2016) |
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
(Total 10 years of experience in fixed income market).
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