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JM Tax Gain Fund - (Direct) - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 27.5332 -0.07%
    (as on 14th June, 2021)
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Crisil Rank
Above average performance among peers
Risk-O-Meter
Moderately High

Fund has 99.54% investment in indian stocks of which 60% is in large cap stocks, 20.7% is in mid cap stocks, 10.18% 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.

This Scheme
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    S&P BSE 500
  • NA
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Returns (NAV as on 14th June, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 07-Jun-21 10076.40 0.76% - 0.63% 24/63
1 Month 14-May-21 10919.80 9.20% - 9.02% 24/63
3 Month 12-Mar-21 10602.70 6.03% - 9.25% 48/63
6 Month 14-Dec-20 12019.10 20.19% - 24.47% 43/63
YTD 01-Jan-21 11537.20 15.37% - 21.18% 50/63
1 Year 12-Jun-20 16900.50 69.00% 68.52% 70.56% 27/63
2 Year 14-Jun-19 14777.00 47.77% 21.53% 20.98% 22/61
3 Year 14-Jun-18 15531.80 55.32% 15.79% 13.44% 14/57
5 Year 14-Jun-16 23403.00 134.03% 18.53% 16.00% 7/42
Since Inception 02-Jan-13 38129.30 281.29% 17.16% 15.61% 17/57

SIP Returns (NAV as on 14th June, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 12-Jun-20 12000 15519.17 29.33 % 58.4 %
2 Year 14-Jun-19 24000 33896.83 41.24 % 37.16 %
3 Year 14-Jun-18 36000 52896.41 46.93 % 26.64 %
5 Year 14-Jun-16 60000 96841.84 61.4 % 19.22 %
 

Tax Treatment

Portfolio (Updated on 31st May,2021)

Equity Holding : 99.54% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.54%
No of Stocks : 39 (Category Avg - 46.94) | Large Cap Investments : 60%| Mid Cap Investments : 20.7% | Small Cap Investments : 10.18% | Other : 8.66%

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 37.7 6.74% -0.41% 9.15% (Nov 2020) 6.74% (May 2021) 24.88 k -1.70 k
Infosys Ltd. Computers - software 30.1 5.37% -0.20% 5.62% (Mar 2021) 1.66% (Jun 2020) 21.57 k 0.00
Kotak Mahindra Bank Ltd. Banks 22.1 3.94% -0.13% 4.07% (Apr 2021) 2.86% (Sep 2020) 12.22 k 0.00
Axis Bank Ltd. Banks 21.1 3.77% -0.06% 3.83% (Apr 2021) 1.96% (Sep 2020) 28.14 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 20.6 3.67% 0.09% 3.96% (Jan 2021) 2.8% (Oct 2020) 14.00 k 0.00
State Bank Of India Banks 20.2 3.61% 0.40% 3.61% (May 2021) 0% (Jun 2020) 47.60 k 0.00
Housing Development Finance Corporation Ltd. Housing finance 19.8 3.53% -0.04% 3.57% (Apr 2021) 2.62% (Sep 2020) 7.75 k 0.00
Ashok Leyland Ltd. Commercial vehicles 19.1 3.41% 0.09% 4.08% (Feb 2021) 1.31% (Jul 2020) 1.55 L 0.00
Bajaj Finance Ltd. Nbfc 19 3.39% -0.11% 5.37% (Dec 2020) 3.39% (May 2021) 3.37 k 0.00
# Reliance Industries Ltd. Refineries/marketing 18.4 3.28% 3.28% 6.03% (Jul 2020) 0% (Jun 2020) 8.50 k 8.50 k
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 4.03%
Net Receivables Net Receivables -3.57%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2021)

  • Standard Deviation

    High volatility
    21.55vs19.07
    Category Avg
  • Beta

    High volatility
    0.99vs0.84
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.55vs0.46
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.12vs0.1
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.24vs0.25
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 203.59 6.97 24.78 47.87 128.05 30.65
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 4 3271.32 9.49 11.68 34.47 90.34 15.29
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 453.28 9.31 10.65 26.74 77.13 17.82
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 7939.53 8.56 7.97 24.77 76.87 21.21
Franklin India Taxshield Fund - Direct - Growth 3 4635.75 9.81 7.45 24.74 71.10 12.30
DSP Tax Saver Fund - Direct Plan - Growth 4 8746.70 8.09 10.33 26.35 70.53 18.01
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 2226.66 8.82 7.18 24.08 70.11 20.46
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 3 371.75 10.00 8.70 27.43 69.52 14.41
PGIM India Long Term Equity Fund - Direct Plan - Growth 3 367.13 8.19 11.06 24.86 69.06 15.77
Nippon India Tax Saver Fund - Direct Plan - Growth 1 11667.38 7.70 6.75 25.96 68.96 6.59

More Funds from JM Financial Mutual Fund

Out of 13 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 * , 2 is/are ranked 1 * , and 3 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
JM Liquid Fund - (Direct) - Growth 2 1273.47 0.28 0.85 1.63 3.28 5.47
JM Liquid Fund - Withheld Brokerage I.E.F. (Direct) - Growth NA 1273.47 0.00 0.00 0.00 0.00 0.00
JM Flexi Cap Fund - Direct - Growth 4 169.38 8.04 5.41 20.31 57.90 14.62
JM Value Fund - (Direct) - Growth 3 143.45 8.52 7.42 23.91 69.30 14.11
JM Low Duration Fund - (Direct) - Growth 3 128.46 0.35 1.13 1.69 25.01 5.73
JM Overnight Fund - Direct Plan - Growth NA 96.27 0.27 0.81 1.58 3.11 0.00
JM Dynamic Debt Fund - (Direct) - Growth 5 73.31 0.54 2.41 1.85 6.38 7.03
JM Tax Gain Fund - (Direct) - Growth 4 55.98 9.20 6.03 20.19 68.52 15.79
JM Arbitrage Fund - (Direct) - Growth 1 54.00 0.40 1.03 1.47 2.50 4.42
JM Large Cap Fund - (Direct) - Growth 4 49.91 6.85 5.23 12.80 39.12 12.16

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