Our Opinion
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Our Opinion
Riskometer
Very High
₹51.4054 1.56%
As on 18-Mar-2026
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
JM ELSS Tax Saver Fund - Direct Plan
|
|
|
Very High
|
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1.01 |
|
 |
|
Very High
|
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0.92 |
||
|
|
Very High
|
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0.74 |
||
|
|
Very High
|
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1.08 |
||
|
|
Very High
|
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1.03 |
₹217 Cr
--
500
500
500
12
About JM ELSS Tax Saver Fund - Direct Plan
JM ELSS Tax Saver Fund - Direct Plan is a equity mutual fund scheme of JM Financial Mutual Fund. Launched on January 01, 2013, it is currently managed by Satish Ramanathan, Asit Bhandarkar, Ruchi Fozdar and Deepak Gupta. The fund has an expense ratio of 1.01% with an overall AUM (Assets Under Management) of ₹217 Cr.
JM ELSS Tax Saver Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in equity stocks. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹500.
Investment Strategy
The scheme aims at achieving long term growth of capital along with income tax relief for investment. At least 80% of the funds will be invested in equity instruments.
Suitability
ELSS funds are suitable for investors:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By News Desk
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of JM ELSS Tax Saver Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, JM ELSS Tax Saver Fund - Direct Plan can be bought from the JM Financial Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of JM ELSS Tax Saver Fund - Direct Plan, is ₹51.4054 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
4.01
|
|
|
3.63
|
|
|
3.43
|
|
|
3.08
|
|
|
2.99
|
Over the past five years, JM ELSS Tax Saver Fund - Direct Plan has delivered an annualised return of 15.46% as of 19-Mar-2026.
The minimum investment required to start investing in JM ELSS Tax Saver Fund - Direct Plan is ₹500 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.
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