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JM Tax Gain Fund

JM Tax Gain Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

18.53

as on 09 Dec 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,662 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

  • ₹ 29.869

    as on 09 Dec 2022
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 64 Cr.

    as on 31 Dec 2021
  • 2.44%

  • 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 ₹ 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

  • 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 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

Portfolio holdings pattern of JM Tax Gain Fund as on 10 Dec 2022 are listed below:

  • Equity Holdings:

    99.50%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    0.50%

Top Sector Holdings of JM Tax Gain Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
TREPS 0.96%
Net Receivables -0.46%