Item: JM Tax Gain Fund (Direct) - Growth
Rating: 4
Author: Morningstar

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

31.139 (0.233%)

NAV on August 12, 2022

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 67 cr

Turnover Ratio 55.19%

Expense Ratio 1.17%

Exit Load -

Returns

1M: 9.10%
1Y: 7.75%
3M: 12.63%
3Y: 19.94%
6M: 0.06%
5Y: 13.94%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Asit Bhandarkar (Since 8 months) Chaitanya Choksi (Since about 8 years)

ISIN INF192K01CE3

Fund Family JM Financial

P/E Ratio 25.46

P/B Ratio 3.90

Launch Date January 01, 2013

Benchmark S&P BSE 500 India TR INR

SECTOR WEIGHTINGS (%)

Financial 28.1%

Industrial 17.01%

Technology 11.74%

Basic Materials 12.09%

Consumer Cyclical 12.36%

Utilities Services 2.93%

Healthcare Services 5.52%

Energy Services 3.24%

Communication Services 1.58%

Consumer Defensive 5.43%

Real Estate 0.00%

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
Parag Parikh Tax Saver Fund Direct Growth	19.773	13.92%	680 cr	0.84%	Below Average
PGIM India ELSS Tax Saver Fund Dir Gr	26.190	10.13%	398 cr	1.03%	Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	125.670	8.06%	3,956 cr	—	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	34.157	7.32%	12,615 cr	0.56%	Average
Bank of India Tax Advantage Fund Direct Plan Growth	109.880	2.49%	609 cr	1.37%	Below Average
L&T Tax Advantage Fund Direct Plan Growth Option	83.477	4.13%	3,150 cr	1.19%	Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC TaxSaver -Direct Plan - Growth Option	828.828	16.23%	9,409 cr	1.25%	Average
Parag Parikh Tax Saver Fund Direct Growth	19.773	13.92%	680 cr	0.84%	Below Average
Tata India Tax Savings Fund Growth Direct Plan	31.836	11.87%	3,014 cr	0.76%	Average
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth	109.437	11.52%	3,692 cr	0.75%	High
Sundaram Diversified Equity - Direct Plan - Growth Option	158.794	10.59%	1,804 cr	1.46%	Above Average
SBI Magnum Long Term Equity Scheme Direct Growth	241.003	9.17%	10,746 cr	1.21%	Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	125.670	8.06%	3,956 cr	—	Below Average