Fund Performance
Lumpsum
SIP
18.53
as on 09 Dec 20223 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,662 today.
NAV Performance
Fund Information
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₹ 29.869
as on 09 Dec 2022 -
Regular - Growth
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-
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₹ 500
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₹ 64 Cr.
as on 31 Dec 2021 -
2.44%
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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 ₹ 29.869 as on 09 Dec 2022.
This fund has 9 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.44%. 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 Sanjay Chhabaria
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About Chaitanya Choksi
Mr. Choksi is a MMS (Finance) and CFA. Prior to joining JM Financials in 2008 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 Moderately 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 | 3.16% | 4.52% | 19.94% | 17.83% | 39.38% | 39.74% | 22.48% | 20.86% | 23.29% | 25.99% | 40.27% | 31.76% | 24.29% |
| Category Average | 1.27% | 1.96% | 13.20% | 4.45% | 19.66% | 17.63% | 10.93% | 14.50% | 12.94% | 12.28% | 19.66% | 15.84% | 14.36% |
| JM Tax Gain Fund | 3.09%₹ 10,309 | 3.45%₹ 10,344 | 15.16%₹ 11,516 | 2.84%₹ 10,284 | 14.46%₹ 12,919 | 19.20%₹ 14,209 | 12.81%₹ 27,273 | 18.53%₹ 16,662 | 20.71%₹ 48,759 | 12.71%₹ 18,203 | 17.25%₹ 92,304 | 15.46%₹ 42,187 | 15.80%₹ 2,74,730 |
| DSP Tax Saver Fund | 2.16%₹ 10,215 | 2.50%₹ 10,249 | 13.36%₹ 11,335 | 5.39%₹ 10,538 | 13.26%₹ 12,844 | 21.62%₹ 14,790 | 12.94%₹ 27,307 | 19.03%₹ 16,872 | 21.29%₹ 49,149 | 12.66%₹ 18,158 | 17.72%₹ 93,373 | 16.33%₹ 45,460 | 16.16%₹ 2,80,035 |
| Mirae Asset Tax Saver Fund | 2.29%₹ 10,228 | 2.42%₹ 10,241 | 11.35%₹ 11,134 | 1.99%₹ 10,199 | 10.58%₹ 12,676 | 19.31%₹ 14,234 | 11.02%₹ 26,806 | 19.85%₹ 17,224 | 20.58%₹ 48,666 | 14.29%₹ 19,510 | 18.22%₹ 94,521 | - | - |
| Quant Tax Plan | 0.64%₹ 10,064 | 3.52%₹ 10,351 | 19.25%₹ 11,924 | 13.50%₹ 11,350 | 23.29%₹ 13,463 | 39.38%₹ 19,428 | 25.99%₹ 30,797 | 39.74%₹ 27,309 | 40.27%₹ 63,289 | 22.48%₹ 27,590 | 31.76%₹ 1,30,804 | 20.86%₹ 66,649 | 24.29%₹ 4,34,457 |
| BOI AXA Tax Advantage Fund | 1.04%₹ 10,103 | 2.46%₹ 10,245 | 17.58%₹ 11,758 | 2.60%₹ 10,259 | 14.94%₹ 12,949 | 21.98%₹ 14,879 | 13.44%₹ 27,439 | 24.30%₹ 19,214 | 22.53%₹ 50,002 | 13.45%₹ 18,805 | 19.85%₹ 98,369 | 16.14%₹ 44,740 | 16.85%₹ 2,90,579 |
| Canara Robeco Equity Tax Saver Fund | 0.97%₹ 10,097 | 1.08%₹ 10,108 | 13.88%₹ 11,388 | 2.50%₹ 10,250 | 11.70%₹ 12,746 | 20.06%₹ 14,413 | 11.67%₹ 26,977 | 21.59%₹ 17,985 | 20.37%₹ 48,526 | 15.57%₹ 20,630 | 18.56%₹ 95,311 | 15.03%₹ 40,627 | 15.94%₹ 2,76,716 |
Portfolio Holdings
Top Sector Holdings of JM Tax Gain Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 16.33% | ₹ 10.80 Cr. |
| NBFC | 10.38% | ₹ 6.87 Cr. |
| Computers - Software | 8.54% | ₹ 5.65 Cr. |
| Engineering, designing, construction | 7.65% | ₹ 5.06 Cr. |
| Software -Telecom | 4.56% | ₹ 3.01 Cr. |
| Others | 52.54% | - |
Top Stock Holdings of JM Tax Gain Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Infosys Ltd. | 5.68% | ₹ 3.76 Cr. |
| HDFC Bank Ltd. | 5.17% | ₹ 3.42 Cr. |
| Larsen & Toubro Ltd. | 5.02% | ₹ 3.32 Cr. |
| Tech Mahindra Ltd. | 4.56% | ₹ 3.01 Cr. |
| Ultratech Cement Ltd. | 4.48% | ₹ 2.96 Cr. |
| Others | 75.09% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 0.96% |
| Net Receivables | -0.46% |