JM ELSS Tax Saver Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Scheme Objective

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

Scheme Details

Fund manager(s) – Asit Bhandarkar , Chaitanya Choksi
Launch date – 02-Jan-2013
Expense ratio – 1.05% as declared on 30-Sep-2025 (category average is 0.88%)
Benchmark - BSE 500 TRI

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

212.85

0.00

0.00%

Sep - 2025	212.85	0.00%
Aug - 2025	209.67	0.00%
Jul - 2025	206.74	0.00%
Jun - 2025	208.81	0.00%
May - 2025	198.58	0.00%
Apr - 2025	189.03	0.00%
Mar - 2025	183.63	0.00%
Feb - 2025	167.42	0.00%
Jan - 2025	180.14	0.00%

2024

186.39

0.00

0.00%

Dec - 2024	186.39	0.00	0.00%
Nov - 2024	183.48	0.00	0.00%
Oct - 2024	180.91	0.00	0.00%
Sep - 2024	186.75	0.00	0.00%
Aug - 2024	181.35	0.00	0.00%
Jul - 2024	173.45	0.00	0.00%
Jun - 2024	161.45	0.00	0.00%
May - 2024	146.14	223106.14	0.07%
Apr - 2024	141.14	221637.55	0.06%
Mar - 2024	127.83	212968.51	0.06%
Feb - 2024	120.56	208593.74	0.06%
Jan - 2024	114.64	203644.64	0.06%

2023

106.89

199534.21

0.05%

Dec - 2023	106.89	199534.21	0.05%
Nov - 2023	100.06	187272.41	0.05%
Oct - 2023	91.18	174383.90	0.05%
Sep - 2023	92.34	178976.97	0.05%
Aug - 2023	90.03	175399.72	0.05%
Jul - 2023	87.30	175666.64	0.05%
Jun - 2023	84.33	169734.76	0.05%
May - 2023	79.00	162430.51	0.05%
Apr - 2023	74.36	156596.22	0.05%
Mar - 2023	71.75	149645.93	0.05%
Feb - 2023	70.76	148242.90	0.05%
Jan - 2023	70.24	149392.61	0.05%

2022

72.14

152764.67

0.05%

Dec - 2022	72.14	152764.67	0.05%
Nov - 2022	73.54	156759.27	0.05%
Oct - 2022	72.02	153322.29	0.05%
Sep - 2022	68.92	147591.21	0.05%
Aug - 2022	70.36	151685.51	0.05%
Jul - 2022	67.45	146051.81	0.05%
Jun - 2022	60.92	132537.89	0.05%
May - 2022	64.43	139007.48	0.05%
Apr - 2022	65.07	144213.40	0.05%
Mar - 2022	67.53	145624.48	0.05%
Feb - 2022	63.95	138806.70	0.05%
Jan - 2022	66.12	144635.86	0.05%

2021

66.15

145783.16

0.05%

Dec - 2021	66.15	145783.16	0.05%
Nov - 2021	64.36	142356.14	0.05%
Oct - 2021	66.29	146098.30	0.05%
Sep - 2021	65.33	145356.40	0.04%
Aug - 2021	62.82	141840.66	0.04%
Jul - 2021	59.12	134683.48	0.04%
Jun - 2021	57.10	131689.99	0.04%
May - 2021	55.98	128774.29	0.04%
Apr - 2021	52.47	121579.80	0.04%
Mar - 2021	52.53	121114.97	0.04%
Feb - 2021	51.60	118836.61	0.04%
Jan - 2021	47.15	110639.78	0.04%

2020

48.40

113760.32

0.04%

Dec - 2020	48.40	113760.32	0.04%
Nov - 2020	45.38	106924.67	0.04%
Oct - 2020	39.84	96223.64	0.04%
Sep - 2020	38.22	94117.27	0.04%
Aug - 2020	38.33	94958.88	0.04%
Jul - 2020	36.63	90817.36	0.04%
Jun - 2020	34.51	86390.81	0.04%
May - 2020	31.36	80076.00	0.04%
Apr - 2020	31.80	81740.65	0.04%
Mar - 2020	28.73	71591.70	0.04%
Feb - 2020	37.72	92355.61	0.04%
Jan - 2020	38.32	96718.12	0.04%

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakhs in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

JM Financial Asset Management Pvt. Ltd.

Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051
Tel no.: 022-61987777
Fax no.: 022-61987704
Website.: www.jmfinancialmf.com

Forum

NITINPIMPALE
MF Investment Help
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17 days ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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29 days ago

View more

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The Fixed Income
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2 days ago

Build Steady Wealth with a Trusted PSU Bond! 9.35% TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED 2033 ✔️ Coupon: 9.35% ✔️ Rating: India Ratings AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 8y 2m (Maturity: 30/Dec/2033) Enjoy the dual benefits of strong credit quality and high fixed returns. Senior Secured | PSU Bond | High Return Bond | Listed ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJldVl3PT0=/935-telangana-state-industrial-infrastructure-corporation-limited-2033?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Build Steady Wealth with a Trusted PSU Bond! 9.35% TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED 2033 ✔️ Coupon: 9.35% ✔️ Rating: India Ratings AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 8y 2m (Maturity: 30/Dec/2033) Enjoy the dual benefits of strong credit quality and high fixed returns. Senior Secured | PSU Bond | High Return Bond | Listed ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJldVl3PT0=/935-telangana-state-industrial-infrastructure-corporation-limited-2033?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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79 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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92 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

Posted by : ravisistla
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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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130 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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