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

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

31.112 (0.192%)

NAV on February 02, 2023

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 72 cr

Turnover Ratio 55.19%

Expense Ratio 1.52%

Exit Load -

Returns

1M: -3.57%
1Y: -3.12%
3M: -2.76%
3Y: 15.37%
6M: 1.62%
5Y: 12.34%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Asit Bhandarkar (Since about 1 year) Chaitanya Choksi (Since over 8 years)

ISIN INF192K01CE3

Fund Family JM Financial

P/E Ratio 19.75

P/B Ratio 2.93

Launch Date January 01, 2013

Benchmark S&P BSE 500 India TR INR

SECTOR WEIGHTINGS (%)

Financial 29.28%

Industrial 14.97%

Technology 9.07%

Basic Materials 12.65%

Consumer Cyclical 14.37%

Utilities Services 2.97%

Healthcare Services 5.22%

Energy Services 6.16%

Communication Services 0.09%

Consumer Defensive 5.22%

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	21.003	6.13%	942 cr	0.82%	Below Average
Kotak Tax Saver-Scheme-Growth - Direct	84.262	1.77%	3,161 cr	0.68%	Average
PGIM India ELSS Tax Saver Fund Dir Gr	26.790	0.34%	448 cr	1.00%	Average
Union Long Term Equity Fund Direct Plan Growth Option	44.510	0.16%	594 cr	1.60%	Average
Bank of India Tax Advantage Fund Direct Plan Growth	110.730	-2.02%	696 cr	1.16%	Below Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	123.870	-2.65%	4,559 cr	0.61%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	33.768	-2.70%	14,020 cr	0.57%	Above Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC TaxSaver -Direct Plan - Growth Option	850.368	7.12%	9,993 cr	1.19%	Average
Parag Parikh Tax Saver Fund Direct Growth	21.003	6.13%	942 cr	0.82%	Below Average
Quantum Tax Saving Direct Growth	80.700	3.57%	115 cr	1.29%	Average
Taurus Tax Shield-Direct Plan-Growth Option	127.240	3.57%	63 cr	1.73%	Below Average
SBI Long Term Equity Fund Direct Growth	248.195	3.36%	12,092 cr	1.12%	Average
PGIM India ELSS Tax Saver Fund Dir Gr	26.790	0.34%	448 cr	1.0%	Average
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth	111.529	0.25%	4,026 cr	0.74%	High