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JM Tax Gain Fund

JM Tax Gain Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

21.63

as on 26 Nov 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 18,003 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

  • ₹ 28.233

    as on 26 Nov 2021
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 57 Cr.

    as on 26 Nov 2021
  • 2.9%

    since 08 Jul 2013
  • 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 ₹ 28.233 as on 26 Nov 2021.

This fund has 8 years of track record. Since 08 Jul 2013 expense ratio of this fund is 2.9%. 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 Sanjay Chhabaria

    Picture of Sanjay Chhabaria
  • About Chaitanya Choksi

    Picture of Chaitanya ChoksiMr. 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 -0.70% 11.08% 19.10% 79.13% 51.39% 34.71% 25.30% 20.42% 61.14% 71.37% 51.90% 33.08% 24.57%
Category Average -4.82% 4.33% 13.67% 39.46% 23.07% 18.47% 16.03% 16.69% 30.31% 36.73% 26.83% 18.18% 16.33%
JM Tax Gain Fund -4.82%₹ 9,517 6.52%₹ 10,651 16.55%₹ 11,654 39.92%₹ 13,992 33.32%₹ 14,072 24.91%₹ 15,611 39.85%₹ 34,688 21.63%₹ 18,003 29.43%₹ 54,958 18.97%₹ 23,853 20.47%₹ 99,886 17.68%₹ 51,037 17.87%₹ 3,07,210
Mirae Asset Tax Saver Fund -4.98%₹ 9,501 4.24%₹ 10,424 13.26%₹ 11,326 41.38%₹ 14,138 31.39%₹ 13,956 27.44%₹ 16,250 41.35%₹ 35,119 23.30%₹ 18,757 31.40%₹ 56,421 21.52%₹ 26,527 22.77%₹ 1,05,595 - -
DSP Tax Saver Fund -6.21%₹ 9,379 1.61%₹ 10,160 11.02%₹ 11,101 42.91%₹ 14,290 29.61%₹ 13,850 24.12%₹ 15,414 38.51%₹ 34,306 21.51%₹ 17,949 28.78%₹ 54,479 16.76%₹ 21,721 19.75%₹ 98,141 18.87%₹ 56,427 18.10%₹ 3,10,923
Canara Robeco Equity Tax Saver Fund -5.11%₹ 9,489 3.34%₹ 10,334 13.93%₹ 11,393 42.58%₹ 14,257 31.20%₹ 13,945 29.82%₹ 16,864 39.76%₹ 34,664 23.85%₹ 19,008 31.04%₹ 56,149 20.08%₹ 24,994 22.65%₹ 1,05,284 17.19%₹ 48,945 17.81%₹ 3,06,186
Axis Long Term Equity Fund -3.89%₹ 9,610 2.72%₹ 10,272 14.78%₹ 11,477 33.57%₹ 13,357 28.36%₹ 13,774 23.19%₹ 15,185 34.86%₹ 33,272 21.17%₹ 17,799 27.20%₹ 53,326 18.93%₹ 23,812 20.28%₹ 99,425 20.42%₹ 64,251 19.26%₹ 3,31,144
UTI Long Term Equity Fund (Tax Saving) -3.28%₹ 9,672 5.13%₹ 10,513 17.35%₹ 11,735 41.46%₹ 14,145 34.14%₹ 14,121 26.79%₹ 16,085 40.23%₹ 34,799 21.43%₹ 17,913 30.03%₹ 55,398 16.74%₹ 21,697 19.94%₹ 98,603 15.49%₹ 42,276 15.93%₹ 2,76,643

Portfolio Holdings

Portfolio holdings pattern of JM Tax Gain Fund as on 29 Nov 2021 are listed below:

  • Equity Holdings:

    99.63%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    0.35%

Top Sector Holdings of JM Tax Gain Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 17.35% ₹ 11.50 Cr.
NBFC 11.46% ₹ 7.60 Cr.
Computers - Software 7.61% ₹ 5.04 Cr.
Engineering, designing, construction 7.25% ₹ 4.81 Cr.
Refineries/Marketing 5.41% ₹ 3.59 Cr.
Others 50.92% -

Top Stock Holdings of JM Tax Gain Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 5.52% ₹ 3.66 Cr.
Reliance Industries Ltd. 5.41% ₹ 3.59 Cr.
Infosys Ltd. 5.01% ₹ 3.32 Cr.
Larsen & Toubro Ltd. 4.66% ₹ 3.09 Cr.
Bajaj Finance Ltd. 3.76% ₹ 2.50 Cr.
Others 75.64% -

Other Holdings

Holding TypeHolding Percentage
TREPS 0.44%
Net Receivables -0.09%