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JM Core 11 Fund
 


This product is suitable for investors who are seeking* :

  • Capital Appreciation and Regular Income over Long Term.
  • Investment predominantly in a concentrated portfolio of Equity & Equity related securities.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Investment Objective
The investment objective of the Scheme is to provide long term growth by investing predominantly in a concentrated portfolio of equity and equity related securities.

Scheme Features
Inception Date : 5th March, 2008
Type of Scheme :

An open ended equity scheme investing in maximum 11 Multi Cap stocks.

Plans and Options : Dividend Option (Payout & Reinvestment option), Growth Option, (Direct) Dividend Option (Payout & Reinvestment option) & (Direct) Growth Option
Investment Strategy :

The Scheme will have a concentrated portfolio with not more than 11 stocks in the portfolio with each stock being invested to the extent of 9.09% of the NAV of the Scheme. The Scheme will have no market capitalization or sector restrictions. The portfolio will be rebalanced on a fortnightly basis so as to prevent any one stock going above the targeted concentration range. To prevent stagnancy of the portfolio, the portfolio will be reviewed on a half yearly basis whereby some stocks would be replaced.

Minimum Application Amount / Number of Units : Purchase : Rs. 5,000/- or any amount thereafter Additional Purchase : Rs. 1,000/- or any amount thereafter Repurchase : There is no minimum limit on the amount/units which can be redeemed/switched-out. The investor is free to redeem any or all units outstanding in his/her/their folio.
Entry Load : NIL
Exit Load : 1.00% of NAV on all investments (including SIP/STP/SWP) transaction, if redeemed/swithch-out within 60 days of transfer/allotment of units in normal transaction/allotment of units of respective installments in SIP/STP/SWP transactions.
ISIN No. : Payout - INF192K01551, Reinvestment - INF192K01569, Growth - INF192K01577
Benchmark Index : S&P BSE Sensex
SIP / STP / SWP Option : Available.
Tax Benefits : Provisions applicable to equity schemes will apply. For more information, click here

Plans / OptionsLatest NAV (Rs.)
(Regular) - IDCW (Payout)11.4654 (20 Sep 2021)
Growth Option11.4659 (20 Sep 2021)
(Direct) - IDCW (Payout)12.5539 (20 Sep 2021)
(Direct) Growth Option12.8098 (20 Sep 2021)
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+3 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 : Asit Bhandarkar
(Total 12 yrs of experience in fund management & equity research). Chaitanya Choksi
(Total 11 years of work experience in the field of equity research and capital markets)
Click here for Monthly Portfolios

Click here for Scheme Performance

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  • Toll - Free No. : 1800-1038-345
  • Email : investor@jmfl.com
  • SMS 'SMS code' to '9028364444' for latest NAV
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