Item: JM Tax Gain Fund (Direct) - Growth
Rating: 5
Author: Morningstar

Home › Mutual Funds › JM Financial Mutual Fund › JM Tax Gain Fund (Direct) - Growth

38.455 (0.594%)

NAV on September 27, 2023

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 90 cr

Turnover Ratio 151.35%

Expense Ratio 1.42%

Exit Load -

Returns

1M: 2.83%
1Y: 25.76%
3M: 7.99%
3Y: 28.18%
6M: 26.22%
5Y: 17.98%

Min Investment 500

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Asit Bhandarkar (Since over 1 year) Gurvinder Wasan (Since 10 months) Chaitanya Choksi (Since about 9 years)

ISIN INF192K01CE3

Fund Family JM Financial

P/E Ratio 21.63

P/B Ratio 3.60

Launch Date January 01, 2013

Benchmark S&P BSE 500 India TR INR

SECTOR WEIGHTINGS (%)

Financial 21.81%

Industrial 19.85%

Technology 15.91%

Basic Materials 10.39%

Consumer Cyclical 16.23%

Utilities Services 0.0%

Healthcare Services 4.24%

Energy Services 0.00%

Communication Services 2.10%

Consumer Defensive 6.84%

Real Estate 2.63%

INVESTMENT OBJECTIVE

The investment objective is 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. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
JM Tax Gain Fund (Direct) - Growth	38.455	25.76%	90 cr	1.42%	Above Average
Bank of India Tax Advantage Fund Direct Plan Growth	136.670	25.54%	843 cr	1.24%	Above Average
Bandhan Tax Advantage (ELSS) Fund - Direct Plan - Growth	134.148	25.04%	5,073 cr	0.63%	Above Average
Kotak Tax Saver-Scheme-Growth - Direct	100.270	23.27%	4,089 cr	0.56%	Below Average
DSP Tax Saver Fund Direct Plan Growth	105.428	22.85%	11,863 cr	0.80%	Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	39.823	21.56%	17,630 cr	0.66%	Average
PGIM India ELSS Tax Saver Fund Dir Gr	30.530	19.73%	696 cr	0.85%	Average