- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Performance
Monthly SIP of ₹ for
Below table shows comparison of JM ELSS Tax Saver Fund with respect to the investments in Fixed Deposit and Gold for the
Total investment of
₹36,000 over the period of 3 years.
| Total Value | Gain | Return % | |
|---|---|---|---|
| This Fund | 53,176 |
17,176 |
26.99% |
| Bank FD | 39,824 |
3,824 |
6.5% |
| Gold | 40,770 |
4,770 |
8.00% |
Fund Information
-
180.35 Cr.
-
JM ELSS Tax Saver Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
2.39%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.
-
JM ELSS Tax Saver Fund is an
Equityoriented mutual fund in the
- ELSS Fundcategory.
-
Nifty 50 Arbitrage Index
is the benchmark for JM ELSS Tax Saver Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.
-
The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on
31 Mar 2008as at present it is 17 years old fund.
-
Name of the AMC is
JM Financial Mutual Fund.
Click here to
know moreabout JM Financial Mutual Fund.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. JM ELSS Tax Saver Fund managed by following fund manager(s);
How does the
Return Comparison of the JM ELSS Tax Saver Fund fare against peer funds in the ELSS fund category?
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by JM ELSS Tax Saver Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Equity, ELSS fund category these peer funds belongs to.
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|
| Category Best | 5.07% | 22.64% | 25.54% | 28.65% | 14.91% | 34.69% | 24.20% | 24.00% |
| Category Average | 2.65% | 12.71% | 15.46% | 16.55% | 7.76% | 24.16% | 14.17% | 16.52% |
| JM ELSS Tax Saver Fund | 2.26% | -7.67% | 1.51% | 31.40% | 28.34% | 20.76% | 21.36% | 15.88% |
| SBI Long Term Equity Fund | 1.08% | -6.10% | 1.04% | 32.96% | 32.01% | 25.88% | 24.18% | 14.95% |
| Kotak ELSS Tax Saver Fund | 2.13% | -5.54% | -0.22% | 25.34% | 21.63% | 19.07% | 19.74% | 14.77% |
| Bank Of India ELSS Tax Saver Fund | 4.30% | -1.64% | -0.95% | 27.73% | 27.99% | 20.62% | 25.10% | 16.80% |
| Bandhan ELSS Tax Saver Fund | 0.79% | -8.44% | -0.76% | 16.47% | 19.64% | 16.93% | 21.83% | 15.38% |
| Quant ELSS Tax Saver Fund | -2.62% | -14.44% | -12.14% | 14.50% | 17.50% | 18.72% | 30.12% | 20.46% |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of JM ELSS Tax Saver Fund are shown below;
Equity 99.36%
Debt %
Others 0.64%
Top Equity Holdings
| Name of the Equity | Holding Percentage |
|---|---|
| ICICI BANK LTD. | 4.48% |
| LARSEN & TOUBRO LTD. | 4.34% |
| POWER FINANCE CORPORATION LTD. | 4.32% |
| TRENT LTD. | 3.06% |
| HDFC Bank Ltd | 3.05% |
| Others | 80.75% |
Allocation by Sector
| Name of the Sector | Holding Percentage |
|---|---|
| Financial | 26.30% |
| Services | 16.67% |
| Capital Goods | 13.72% |
| Technology | 8.93% |
| Construction | 7.35% |
| Others | 27.03% |
Portfolio Holdings shown is as of 31 Jan 2024
Riskometer
Investors understand that their
principal
will be at Very High risk