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JM Tax Gain Fund - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 23.136 -0.61%
    (as on 12th May, 2021)
Invest Now
Crisil Rank
Above average performance among peers
Risk-O-Meter
Moderately High

Fund has 98.35% investment in indian stocks of which 58.65% is in large cap stocks, 24.87% is in mid cap stocks, 6.89% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

Crisil Rank Change : Fund Crisil rank was updated from 5 to 4 in the previous quarter.

This Scheme
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    S&P BSE 500
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Returns (NAV as on 12th May, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 05-May-21 10004.30 0.04% - 0.32% 51/67
1 Month 12-Apr-21 10242.50 2.43% - 3.92% 64/67
3 Month 12-Feb-21 9742.30 -2.58% - 2.21% 59/67
6 Month 12-Nov-20 11888.40 18.88% - 24.32% 50/67
YTD 01-Jan-21 10576.40 5.76% - 11.49% 57/67
1 Year 12-May-20 16930.20 69.30% 69.30% 66.98% 27/67
2 Year 10-May-19 14184.80 41.85% 19.01% 18.82% 21/65
3 Year 11-May-18 13845.30 38.45% 11.43% 9.01% 14/61
5 Year 12-May-16 20915.00 109.15% 15.89% 14.01% 8/45
10 Year 12-May-11 35117.30 251.17% 13.37% 12.78% 12/29
Since Inception 23-Apr-08 22251.70 122.52% 6.32% 13.09% 58/63

SIP Returns (NAV as on 12th May, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 12-May-20 12000 14930.77 24.42 % 48.31 %
2 Year 10-May-19 24000 31310.93 30.46 % 27.9 %
3 Year 11-May-18 36000 48457.02 34.6 % 20.28 %
5 Year 12-May-16 60000 88282.85 47.14 % 15.44 %
10 Year 12-May-11 120000 268573.94 123.81 % 15.39 %
 

Tax Treatment

Portfolio (Updated on 30th Apr,2021)

Equity Holding : 98.35% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.35%
No of Stocks : 36 (Category Avg - 46.80) | Large Cap Investments : 58.65%| Mid Cap Investments : 24.87% | Small Cap Investments : 6.89% | Other : 7.94%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 37.5 7.15% -0.41% 9.15% (Nov 2020) 7.15% (Apr 2021) 26.58 k 0.00
Infosys Ltd. Computers - software 29.2 5.57% -0.05% 5.62% (Mar 2021) 1.66% (Jun 2020) 21.57 k 0.00
Kotak Mahindra Bank Ltd. Banks 21.4 4.07% 0.46% 4.07% (Apr 2021) 2.86% (Sep 2020) 12.22 k 1.40 k
Axis Bank Ltd. Banks 20.1 3.83% 0.56% 3.83% (Apr 2021) 1.96% (Sep 2020) 28.14 k 3.50 k
Larsen & Toubro Ltd. Engineering, designing, construction 18.8 3.58% -0.20% 3.96% (Jan 2021) 2.8% (Oct 2020) 14.00 k 0.00
Housing Development Finance Corporation Ltd. Housing finance 18.8 3.57% 0.84% 3.57% (Apr 2021) 2.62% (Sep 2020) 7.75 k 2.00 k
Bajaj Finance Ltd. Nbfc 18.4 3.50% -0.92% 5.37% (Dec 2020) 3.41% (May 2020) 3.37 k -1.14 k
Ashok Leyland Ltd. Commercial vehicles 17.4 3.32% -0.21% 4.08% (Feb 2021) 0.85% (May 2020) 1.55 L -8.50 k
State Bank Of India Banks 16.8 3.21% -0.09% 3.6% (Feb 2021) 0% (May 2020) 47.60 k 0.00
Bharti Airtel Ltd. Telecom - services 15.4 2.93% 0.11% 3.95% (May 2020) 2.47% (Sep 2020) 28.61 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.98%
Net Receivables Net Receivables -0.34%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th April, 2021)

  • Standard Deviation

    High volatility
    21.58vs19.07
    Category Avg
  • Beta

    High volatility
    0.99vs0.85
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.45vs0.31
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.1vs0.07
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.99vs-0.35
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 147.76 13.06 22.79 53.47 131.16 26.24
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 4 3068.81 5.18 6.06 35.43 87.83 9.90
Mirae Asset Tax Saver Fund - Regular Plan - Growth 5 7251.32 3.28 0.43 22.25 72.46 15.79
Franklin India Taxshield Fund - Growth 3 4336.40 4.51 1.25 24.62 69.19 8.35
DSP Tax Saver Fund - Regular Plan - Growth 4 8176.47 5.07 3.79 26.69 67.43 13.32
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 435.67 4.28 3.84 23.64 67.15 12.19
PGIM India Long Term Equity Fund - Growth 3 346.80 5.65 3.79 26.28 66.13 11.03
Nippon India Tax Saver Fund - Growth 1 11115.39 2.83 2.98 27.38 65.52 2.41
Quantum Tax Saving Fund - Growth 4 90.17 4.18 0.90 23.47 65.25 8.45
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 200.28 5.03 3.68 18.84 65.16 0.00

More Funds from JM Financial Mutual Fund

Out of 12 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 3 is/are ranked 4 * , 3 is/are ranked 3 * , 1 is/are ranked 2 * , 3 is/are ranked 1 * , and 1 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
JM Liquid Fund - Growth 2 1280.11 0.26 0.79 1.54 3.23 5.50
JM Overnight Fund - Regular Plan - Growth NA 191.07 0.27 0.77 1.51 3.03 0.00
JM Flexi Cap Fund - Growth 4 161.05 1.89 -1.82 23.41 55.92 11.35
JM Value Fund - Growth 3 134.86 3.79 0.13 23.98 66.77 9.68
JM Low Duration Fund - Growth 3 128.47 0.33 0.92 1.49 25.63 5.66
JM Dynamic Debt Fund - Growth 5 72.34 0.79 1.39 1.43 6.15 6.46
JM Large Cap Fund - Growth 4 54.20 1.17 -2.11 9.99 34.95 8.84
JM Arbitrage Fund - Growth 1 53.82 0.23 0.55 1.14 1.85 4.05
JM Tax Gain Fund - Growth 4 52.47 1.06 -2.58 18.16 65.92 11.43
JM Core 11 Fund - Growth 1 46.12 -0.16 -6.00 11.19 42.25 4.27

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