About JM Tax Gain Direct Plan - Dividend Payout
JM Tax Gain Direct Plan - Dividend Payout scheme return performance in last 1 year is 24.12%, in last 3 years is 48.01% and 180.78% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.