JM Contra Fund
Objective :
JM Contra Fund seeks to provide capital appreciation by following contrarian style of investing that refers to buying into fundamentally sound stocks that have been overlooked by the market (for reasons of short term trend) and waiting for the market to give these stocks their real value in course of time.
Structure :
Open Ended Equity Oriented Growth Scheme
Inception Date :
September 07, 2007
Plans and Options under the Plan :
Dividend /Growth
Minimum Investment :
Rs. 5000 and in multiples of any amount thereafter.
Entry Load :
Nil
Exit Load :
1% of NAV on all investments (including SIP/STP/SWP) transaction, if redeemed/swithch-out within 365 days of transfer/allotment of units in normal transaction/allotment of units of respective installments in SIP/STP/SWP transactions.
Daily NAV & Price:
| Scheme | NAV | Repurchase Price | Sale Price | Date |
|---|---|---|---|---|
| JM Contra Fund - Dividend option | 5.1414 | 5.1414 | 5.1414 | 01-Apr-2011 |
| JM Contra Fund - Growth option | 5.1414 | 5.1414 | 5.1414 | 01-Apr-2011 |
As I have joined JM CONTRA Div Option in 2007 ,what will be my
Folio No after its conversion in to JM Multi Strategy fund,whether it will be the same as Contra.From where I will get Statement copy?