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

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

57.494 (2.191%)

NAV on October 08, 2024

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 181 cr

Turnover Ratio 126.64%

Expense Ratio 1.13%

Exit Load -

Returns

1M: -0.83%
1Y: 50.37%
3M: 2.44%
3Y: 21.26%
6M: 21.93%
5Y: 25.04%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Satish Ramanathan (Since 8 days) Asit Bhandarkar (Since almost 3 years) Chaitanya Choksi (Since about 10 years) Ruchi Fozdar (Since 5 days)

ISIN INF192K01CE3

Fund Family JM Financial

P/E Ratio 25.20

P/B Ratio 4.31

Launch Date January 01, 2013

Benchmark BSE 500 India TR INR

SECTOR WEIGHTINGS (%)

Financial 16.59%

Industrial 22.46%

Technology 11.18%

Basic Materials 14.59%

Consumer Cyclical 14.8%

Utilities Services 1.85%

Healthcare Services 6.05%

Energy Services 0.00%

Communication Services 3.50%

Consumer Defensive 7.49%

Real Estate 1.48%

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
SBI Long Term Equity Fund Direct Growth	476.422	52.70%	28,000 cr	0.93%	Above Average
JM Tax Gain Fund (Direct) - Growth	57.494	50.37%	181 cr	1.13%	Above Average
Quant ELSS Tax Saver Growth Option Direct Plan	445.041	47.73%	11,125 cr	0.65%	High
DSP ELSS Tax Saver Fund Direct Plan Growth	154.577	47.11%	17,488 cr	0.68%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	196.130	43.82%	1,487 cr	0.96%	High
Kotak ELSS Tax Saver-Scheme-Growth - Direct	137.645	37.64%	6,501 cr	0.57%	Below Average
Parag Parikh ELSS Tax Saver Fund Direct Growth	32.806	35.36%	4,152 cr	0.62%	Low

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	60.914	65.53%	3,984 cr	0.65%	High
SBI Long Term Equity Fund Direct Growth	476.422	52.70%	28,000 cr	0.93%	Above Average
JM Tax Gain Fund (Direct) - Growth	57.494	50.37%	181 cr	1.13%	Above Average
HSBC ELSS Tax saver Fund Direct Plan Growth Option	147.113	48.99%	4,421 cr	1.1%	Above Average
LIC MF ELSS Tax Saver -Direct Plan Growth Option	176.244	38.10%	1,209 cr	0.96%	Average