Posts filed under 'JM Financial MF'

Mutual Fund New Fund Offers available as of September 12, 2008

The following Mutual Fund Schemes are in the NFO period:

Birla Sun Life Mutual Fund
Birla Sun Life Fixed Term Plan –Series BC
Birla Sun Life Fixed Term Plan –Series BE

Escorts Mutual Fund
Escorts Power & Energy Fund

Franklin Templeton Mutual Fund
Franklin Templeton Fixed Tenure Fund – Series X – Plan B
Franklin Templeton Fixed Tenure Fund – Series X – Plan D
Templeton Fixed Horizon Fund – Series XI – Plan C (367 days plan)

HDFC Mutual Fund
HDFC FMP 22M September 2008
HDFC FMP 90D September 2008 (2)

JM Financial Mutual Fund
JM Fixed Maturity Fund - Series XII - Quarterly plan 3 (JM FMF - XII - Q3)

Lotus India Mutual Fund
Lotus India Fixed Maturity Plan-375 Days-Series XVII

Tata Mutual Fund
Tata Fixed Horizon Fund Series 19 Scheme F - Institutional Plan
Tata Fixed Horizon Fund Series 19 Scheme F - Regular Plan
Tata Fixed Investment Plan - 4 - High Investment Plan
Tata Fixed Investment Plan - 4 - Regular Investment Plan
Tata Fixed Investment Plan - 4 - Super High Investment Plan

Add commentSeptember 12th, 2008

JM Fixed Maturity Fund - Series XII - Quarterly plan 2 (JM FMF - XII - Q2)

Scheme Name
JM Fixed Maturity Fund - Series XII - Quarterly plan 2 (JM FMF - XII - Q2)

Objective of Scheme
The investment objective of the Scheme and the plans launched thereunder is to seek to generate regular returns through investments in fixed income securities normally maturing in line with the time profile of the respective Plans.

Scheme Type
Close Ended

Scheme Category
Income

New Fund Launch Date
9-Sep-2008

New Fund Earliest Closure Date
10-Sep-2008

New Fund Offer Closure Date
10-Sep-2008

Indicate Load Separately
Please refer offer document

Offer Price (Rs.)
Rs 10/- per unit

Minimum Subscription Amount
Rs 5000/-(Regular) & Rs 5 lac (Institutional)

Add commentSeptember 10th, 2008

Mutual Fund Draft Offer Documents - September 8, 2008

Draft offer documents for the following mutual fund schemes are submitted and are put for public view and commenting:

Bharti Axa Monthly Income Plan
Bharti Axa Short Term Income Fund
Goldman Sachs India Equity Fund
JM Fixed Maturity Fund - Series XIV

Add commentSeptember 9th, 2008

JM Mutual Fund announces dividend for arbitrage schemes

JM Financial Mutual Fund announced dividend in two of its schemes. A dividend of 2.20% i.e Rs. 0.22 per unit of JM Arbitrage Advantage Fund – Dividend Plan. Similarly, a dividend of 2.50% i.e Rs. 0.25 per unit of JM Equity & Derivative Fund – Dividend Option. The record date for the distribution of the dividends is June 20, 2008

Add commentJune 16th, 2008

JM Basic Fund announces 36% dividend

JM Basic Fund from the JM Financial Mutual Fund has recently announced a dividend of 36% (I.e Rs. 3.60 per unit on the face value of Rs. 10). The Record Date for this is January 11, 2008. The earlier dividend is 45% in September 2007

The scheme is heavily into stocks in Construction, Metals & Metal Products and Basic/Engineering sectors, all of which has zommed and shown remarkable jumps in stock prices in the last one year or so.

Top holdings include Sintex Industries, PSL, Bharati Shipyard, Hindustan Construction Co. and Maharashtra Seamless.

The objective of the fund is “The scheme aims to invest in energy and petrochemical sector. It shall have the mandate to invest in Oil & Gas, Petrochemicals, Power Generation & Distribution, and Electrical Equipment Suppliers”. The NAV is at Rs. 29.1413 as of November 11, 2008.

Add commentJanuary 14th, 2008

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