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JM Tax Gain Fund

JM Tax Gain Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

27.11

as on 07 Jun 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,565 today.

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NAV Performance

JM Tax Gain Fund performance graph for last 3 years
Performance of JM Tax Gain Fund for last 3 Years

Fund Information

  • ₹ 31.383

    as on 07 Jun 2023
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 74 Cr.

    as on 30 Apr 2023
  • 2.35%

  • 02 Jan 2013

  • Equity - ELSS

  • S&P BSE 500

  • 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

  • About Asit Bhandarkar

    Picture of Asit BhandarkarMr. 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.
  • About Chaitanya Choksi

    Picture of Chaitanya ChoksiMr. 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

Portfolio holdings pattern of JM Tax Gain Fund as on 08 Jun 2023 are listed below:

  • Equity Holdings:

    97.57%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.44%

Top Sector Holdings of JM Tax Gain Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
Net Receivables 2.44%
TREPS 0.00%