Q.
I just need to ask that can i opened a mutual fund for Rs 1000 in JM Financial Service Sector Fund.And what are the growth for this mutaul fund in the future.
About: Mutual Fund: JM Financial Service Sector Fund
Asked by varun puri,
07 Feb '08 03:17 pm
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Answers (2)
1.
You cannot start investing 1000 in this scheme since the minimum investment is 5000. If you cannot invest this much amount you need to create a SIP in this fund. But that makes a responsibility to invest for a minimum period of 6 months. Select a better scheme from equity diversified sector if you are planning to invest in MF
Answered by Praveen, 07 Apr '08 09:23 pm
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2.
You will get an apprciation of a minimum of 25% per annum cumulative. It could be a little more also.
Answered by Ramaswamy Nagarajan, 07 Feb '08 03:19 pm
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