1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
JM Tax Gain-G | -12.19 | 0.72 | -1.80 | -10.19 | -10.05 | -16.44 | 9.62 | 15.82 | 11.01 | 11.71 | 16.30 |
S&P BSE 500 TRI | -8.87 | 0.73 | -2.99 | -10.15 | -7.83 | -11.96 | 10.15 | 15.42 | 11.62 | 11.80 | 14.82 |
Equity: ELSS | -10.78 | 0.73 | -2.68 | -10.20 | -9.10 | -13.88 | 8.08 | 13.96 | 9.63 | 10.38 | 14.97 |
Rank within category | 24 | 18 | 2 | 18 | 26 | 29 | 15 | 9 | 7 | 8 | 6 |
Number of funds in category | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 34 | 32 | 28 | 26 |
As on 16-May-2022
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
JM Tax Gain Fund | Mar-08 | 9.62 | 15.82 | 11.01 | 2.54% | 65 | |
Axis Long Term Equity Fund | Dec-09 | -1.20 | 11.82 | 10.51 | 1.54% | 31,656 | |
Mirae Asset Tax Saver Fund - Regular Plan | Invest Online | Dec-15 | 9.01 | 18.59 | 14.22 | 1.64% | 11,963 | |
DSP Tax Saver Fund | Invest Online | Jan-07 | 8.82 | 16.80 | 11.27 | 1.92% | 9,811 | |
IDFC Tax Advantage (ELSS) Fund - Regular Plan | Invest Online | Dec-08 | 13.94 | 18.20 | 12.43 | 1.96% | 3,742 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 19.65 | 27-Oct-2008 - 04-Nov-2008 | -23.43 | 03-Oct-2008 - 10-Oct-2008 |
Month | 32.44 | 06-May-2009 - 05-Jun-2009 | -43.55 | 24-Sep-2008 - 24-Oct-2008 |
Quarter | 91.86 | 05-Mar-2009 - 04-Jun-2009 | -56.30 | 02-Sep-2008 - 02-Dec-2008 |
Year | 107.11 | 05-Mar-2009 - 05-Mar-2010 | -56.71 | 29-Apr-2008 - 29-Apr-2009 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
JM Tax Gain-G | 18.56 | 22.78 | 0.66 | 0.68 | 1.00 | 0.33 |
S&P BSE 500 TRI | 18.19 | 21.83 | 0.67 | 0.73 | -- | -- |
Equity: ELSS | 16.76 | 21.35 | 0.62 | 0.65 | 0.95 | -0.66 |
Rank within category | 9 | 30 | 12 | 11 | 29 | 10 |
Number of funds in category | 34 | 34 | 34 | 34 | 34 | 34 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Apr-2022
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Number of Stocks | 32 |
Top 10 Stocks (%) | 45.35 |
Top 5 Stocks (%) | 26.46 |
Top 3 Sectors (%) | 54.71 |
Portfolio P/B Ratio | 3.87 |
Portfolio P/E Ratio | 30.66 |
Fund | Category | |
---|---|---|
Average Mkt Cap (Rs Cr) | 1,59,410 | 1,35,974 |
Giant (%) | 55.93 | 52.12 |
Large (%) | 15.02 | 17.19 |
Mid (%) | 29.04 | 24.36 |
Small (%) | -- | 6.67 |
Tiny (%) | -- | 0.23 |
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Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
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Infosys | Technology | 28.34 | 8.02 | 1.51 | 6.48 |
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HDFC Bank | Financial | 19.04 | 10.00 | 5.17 | 5.52 |
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Larsen & Toubro | Construction | 25.05 | 5.47 | 2.68 | 5.01 |
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M&M Financial Services | Financial | 18.44 | 4.76 | 0.00 | 4.76 |
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ICICI Bank | Financial | 18.91 | 4.68 | 0.00 | 4.68 |
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State Bank of India | Financial | 11.48 | 4.44 | 0.00 | 4.16 |
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Reliance Industries | Energy | 27.06 | 6.03 | 0.00 | 4.14 |
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Tech Mahindra | Technology | 20.74 | 4.56 | 1.64 | 3.69 |
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Maruti Suzuki India | Automobile | 56.48 | 3.94 | 1.23 | 3.59 |
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Ultratech Cement | Materials | 23.63 | 4.50 | 2.19 | 3.31 |
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Ashok Leyland | Automobile | -- | 4.08 | 0.00 | 3.16 |
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Trent | Services | 349.78 | 3.54 | 0.00 | 3.10 |
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Kotak Mahindra Bank | Financial | 29.76 | 4.35 | 2.86 | 3.09 |
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Bajaj Finance | Financial | 48.64 | 7.08 | 2.99 | 2.99 |
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Axis Bank | Financial | 13.90 | 4.40 | 0.00 | 2.72 |
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Gujarat Gas | Energy | 30.01 | 2.68 | 0.00 | 2.68 |
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L&T Infotech | Technology | 31.35 | 3.24 | 1.54 | 2.66 |
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Balkrishna Industries | Automobile | 27.58 | 3.47 | 1.16 | 2.56 |
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HDFC | Financial | 17.45 | 4.06 | 2.44 | 2.48 |
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SKF India | Capital Goods | 39.94 | 3.52 | 1.55 | 2.37 |
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Titan Company | Consumer Discretionary | 86.24 | 4.99 | 2.32 | 2.33 |
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Voltas | Consumer Discretionary | 62.44 | 4.59 | 2.15 | 2.26 |
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Cipla | Healthcare | 29.92 | 2.60 | 0.00 | 2.24 |
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United Spirits | Consumer Staples | 68.93 | 2.77 | 0.00 | 2.21 |
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ABB India Ltd. | Capital Goods | 63.40 | 2.35 | 0.00 | 2.17 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2022
— Asit Bhandarkar since 28-Dec-2021
Education: Mr. Bhandarkar is a B.Com (H) and MMS.
Experience: Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
Interviews:
Funds Managed:
— Chaitanya Choksi since 25-Jul-2014
Education: Mr. Choksi is a MMS (Finance) and CFA.
Experience: Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
Funds Managed:
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.
Min. Investment (₹) | 500 |
Min. Addl Investment (₹) | 500 |
Min. SIP Investment (₹) | 500 |
Min. No of Cheques | 12 |
Min. Withdrawal (₹) | 500 |
Min. Balance (₹) | 500 |
Lock-in Period | 3 Years |
Exit Load | 0 |
Fund House: | JM Financial Mutual Fund |
Launch Date: | 31-Mar-2008 |
Return Since Launch: | 6.78% |
Benchmark: | S&P BSE 500 TRI |
Riskometer: | Very High |
Type: | Open-ended |
Assets: | ₹ 65 Cr (As on 30-Apr-2022) |
Expense: | 2.54% (As on 30-Apr-2022) |
Risk Grade: | Average |
Return Grade: | Above Average |
Turnover: | 60.98% |
House Voice - 11-Dec-2012
AMC: JM Financial Asset Management Ltd.
Address: Office B-8th Floor-Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025
Phone: 022-33797777 / 1800-103-8345
Fax: 022-26528388
Website: http://www.JMFinancialmf.com
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com