Fund Performance
Lumpsum
SIP
27.11
as on 07 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,565 today.
NAV Performance
Fund Information
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₹ 31.383
as on 07 Jun 2023 -
Regular - Growth
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-
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₹ 500
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₹ 74 Cr.
as on 30 Apr 2023 -
2.35%
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02 Jan 2013
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S&P BSE 500
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JM Mutual Fund
Show All Funds -
JM Tax Gain Fund - Growth charges 1.0% of sell value; if fund sold before 60 days. There are no other charges.
Highlights of this fund
JM Tax Gain Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) JM Mutual Fund. You can also view here all other Equity funds offered by JM Mutual Fund.
Latest NAV of the fund is ₹ 31.383 as on 07 Jun 2023.
This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.35%. Ideally you shoulds compare this fund with the benchmark S&P BSE 500.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
To generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time
List of Fund Managers of JM Tax Gain Fund
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About Asit Bhandarkar
Mr. Bhandarkar is a B.Com (H) and MMS. Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
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About Chaitanya Choksi
Mr. Choksi is a MMS (Finance) and CFA. Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 7.72% | 12.00% | 7.28% | 25.94% | 32.94% | 41.34% | 22.18% | 22.39% | 23.72% | 15.59% | 22.71% | 26.73% | 21.92% |
| Category Average | 5.12% | 7.00% | 2.71% | 17.34% | 10.69% | 24.36% | 11.67% | 15.19% | 15.31% | 9.40% | 15.04% | 15.22% | 13.61% |
| JM Tax Gain Fund | 7.69%₹ 10,768 | 9.17%₹ 10,916 | 5.63%₹ 10,563 | 21.29%₹ 12,128 | 21.57%₹ 13,353 | 12.12%₹ 12,569 | 12.13%₹ 27,091 | 27.11%₹ 20,565 | 17.23%₹ 46,414 | 13.64%₹ 18,958 | 17.24%₹ 92,265 | 16.51%₹ 46,118 | 15.36%₹ 2,68,140 |
| Quant Tax Plan | 3.79%₹ 10,379 | 6.50%₹ 10,650 | -4.30%₹ 9,570 | 14.43%₹ 11,443 | 8.56%₹ 12,547 | 12.83%₹ 12,731 | 9.04%₹ 26,290 | 41.35%₹ 28,292 | 22.71%₹ 50,110 | 22.18%₹ 27,238 | 26.73%₹ 1,16,038 | 22.39%₹ 75,491 | 21.92%₹ 3,82,012 |
| Kotak Tax Saver Fund | 4.41%₹ 10,441 | 6.79%₹ 10,678 | 3.32%₹ 10,331 | 20.46%₹ 12,045 | 16.53%₹ 13,044 | 12.18%₹ 12,583 | 11.65%₹ 26,966 | 26.24%₹ 20,145 | 17.14%₹ 46,358 | 14.51%₹ 19,694 | 17.18%₹ 92,133 | 15.80%₹ 43,409 | 15.07%₹ 2,64,006 |
| Mirae Asset Tax Saver Fund | 4.63%₹ 10,463 | 6.68%₹ 10,667 | 2.21%₹ 10,220 | 14.65%₹ 11,464 | 13.51%₹ 12,856 | 8.87%₹ 11,853 | 7.75%₹ 25,960 | 26.68%₹ 20,353 | 14.56%₹ 44,684 | 15.10%₹ 20,211 | 16.89%₹ 91,465 | - | - |
| IDFC Tax Advantage (elss) Fund | 6.23%₹ 10,622 | 9.01%₹ 10,901 | 5.27%₹ 10,526 | 19.62%₹ 11,962 | 19.28%₹ 13,213 | 13.39%₹ 12,857 | 12.61%₹ 27,217 | 34.00%₹ 24,101 | 20.95%₹ 48,901 | 13.69%₹ 19,002 | 20.02%₹ 98,733 | 17.50%₹ 50,205 | 16.25%₹ 2,81,372 |
| BOI AXA Tax Advantage Fund | 3.31%₹ 10,330 | 7.27%₹ 10,726 | 2.68%₹ 10,268 | 19.91%₹ 11,990 | 15.41%₹ 12,974 | 10.67%₹ 12,247 | 8.73%₹ 26,211 | 27.68%₹ 20,842 | 15.92%₹ 45,559 | 14.02%₹ 19,275 | 18.81%₹ 95,858 | 16.70%₹ 46,889 | 15.88%₹ 2,75,788 |
Portfolio Holdings
Top Sector Holdings of JM Tax Gain Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 20.59% | ₹ 15.32 Cr. |
| Cement | 6.87% | ₹ 5.11 Cr. |
| Passenger/Utility vehicles | 5.13% | ₹ 3.82 Cr. |
| Consumer food | 5.11% | ₹ 3.80 Cr. |
| Computers - Software | 4.31% | ₹ 3.20 Cr. |
| Others | 57.99% | - |
Top Stock Holdings of JM Tax Gain Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| HDFC Bank Ltd. | 5.82% | ₹ 4.33 Cr. |
| ICICI Bank Ltd. | 5.16% | ₹ 3.84 Cr. |
| Ultratech Cement Ltd. | 4.62% | ₹ 3.44 Cr. |
| Infosys Ltd. | 4.31% | ₹ 3.20 Cr. |
| Larsen & Toubro Ltd. | 4.20% | ₹ 3.12 Cr. |
| Others | 75.89% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 2.44% |
| TREPS | 0.00% |