JM Contra Fund, is an open-ended equity oriented scheme. The investment objective of the Scheme is 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.
Asset Size (Rs cr)
JM Contra Fund has been merged with JM Multi Strategy Fund with effect from April 1, 2011.
Exit Load 1% on investments of less than Rs 3 crs if redeemed within 1 year and 0.50% on investments of Rs 3 crs and above if redeemed within 91 days from the date of allotment.
141, Maker Chambers III, Nariman Point, Mumbai, 400021
Scheme Asset Monitor