Mutual Fund Details

JM ELSS Tax Saver Fund Direct Plan-Growth

Name: JM ELSS Tax Saver Fund Direct Plan-Growth
Brand: JM Financial Mutual Fund

Tax Saver ELSS

NAV

₹56.4722

as on 26 Jul 2024, 10:13 PM

₹0.8610(1.55%)

Last Change

Scheme Ratings

ELSS

3Y Returns

rated by Value Research

ELSS

Rankings based on 3Y Returns | as on 27 Jul 2024

SBI Long Term Equity Fund Direct Plan-Growth

28.66%

Quant ELSS Tax Saver Fund Direct-Growth

26.99%

HDFC ELSS Tax Saver Direct Plan-Growth

26.85%

JM ELSS Tax Saver Fund Direct Plan-Growth

25.19%

Motilal Oswal ELSS Tax Saver Fund Direct-Growth

25.18%

Schemes Managed By

Gurvinder Singh Wasan

Fund Manager

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,90,817

₹1,96,566

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹96,567

Profit (absolute return)

96.57%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

14.81%

In the last 6 months

28.15%

In the last 1 year

50.51%

In the last 3 years

96.57%

In the last 5 years

213.89%

In the last 10 years

463.80%

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

JM ELSS Tax Saver Fund Direct Plan-Growth

as of 30 Jun 2024, 05:30 AM

₹161.45 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

1.13%

Expense Ratio

Plan

Growth

0.30%

Cash Holding

Benchmark

BSE 500 Total Return Index

Scheme Document

View

Benchmark

BSE 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Sector

Financial

16.42%

₹26.51 Cr

Capital Goods

14.75%

₹23.81 Cr

Services

13.87%

₹22.39 Cr

Chemicals

8.74%

₹14.11 Cr

Construction

7.75%

₹12.51 Cr

Others

38.47%

₹62.11 Cr

View All

Sectors Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Sector

Financial

16.42%

₹26.51 Cr

Capital Goods

14.75%

₹23.81 Cr

Services

13.87%

₹22.39 Cr

Chemicals

8.74%

₹14.11 Cr

Construction

7.75%

₹12.51 Cr

Others

38.47%

₹62.11 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Company

HDFC Bank Ltd.

4.08%

₹6.59 Cr

ICICI Bank Ltd.

3.79%

₹6.12 Cr

Larsen & Toubro Ltd.

3.41%

₹5.51 Cr

Infosys Ltd.

2.67%

₹4.31 Cr

Power Finance Corporation Ltd.

2.63%

₹4.25 Cr

Others

83.42%

₹134.68 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Company

HDFC Bank Ltd.

4.08%

₹6.59 Cr

ICICI Bank Ltd.

3.79%

₹6.12 Cr

Larsen & Toubro Ltd.

3.41%

₹5.51 Cr

Infosys Ltd.

2.67%

₹4.31 Cr

Power Finance Corporation Ltd.

2.63%

₹4.25 Cr

Others

83.42%

₹134.68 Cr

View All

Funds in this Category

This fund's returns:

25.19%

Return Duration

3 Years

SBI Long Term Equity Fund Direct Plan-Growth

Quant ELSS Tax Saver Fund Direct-Growth

HDFC ELSS Tax Saver Direct Plan-Growth

About JM ELSS Tax Saver Fund Direct Plan-Growth

JM ELSS Tax Saver Fund Direct Plan-Growth is a Tax Saver mutual fund scheme from JM Financial Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Asit Bhandarkar, Chaitanya Choksi and Gurvinder Singh Wasan. It has an AUM of ₹161.45 Crores and the latest NAV decalared is ₹56.472 as on 27 Jul 2024 at 7:45 am.

JM ELSS Tax Saver Fund Direct Plan-Growth scheme return performance in last 1 year is 50.51%, in last 3 years is 96.57% and 670.13% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹161.45 Cr
Category:	Equity: ELSS
Launch Date:	Invalid date
Fund Type:	Open-End

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.