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JM Tax Gain Fund - (Direct) - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 24.4434 -1.27%
    (as on 15th January, 2021)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 99.54% investment in indian stocks of which 63.29% is in large cap stocks, 21.45% is in mid cap stocks, 6.47% 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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  • Benchmark
    S&P BSE 500
  • NA
  • NA
  • Gold
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Returns (NAV as on 15th January, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 08-Jan-21 9896.60 -1.03% - -0.10% 56/63
1 Month 15-Dec-20 10614.60 6.15% - 6.56% 46/63
3 Month 15-Oct-20 12813.80 28.14% - 25.42% 16/63
6 Month 15-Jul-20 14071.90 40.72% - 38.40% 20/63
YTD 01-Jan-21 10242.50 2.43% - 3.81% 49/63
1 Year 15-Jan-20 11930.10 19.30% 19.24% 19.89% 30/63
2 Year 15-Jan-19 14332.60 43.33% 19.69% 14.75% 13/60
3 Year 15-Jan-18 13504.30 35.04% 10.52% 5.74% 8/51
5 Year 15-Jan-16 22397.80 123.98% 17.48% 14.78% 5/39
Since Inception 02-Jan-13 33850.40 238.50% 16.37% 13.27% 15/57

SIP Returns (NAV as on 15th January, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 15-Jan-20 12000 16130.39 34.42 % 68.89 %
2 Year 15-Jan-19 24000 32287.84 34.53 % 31.29 %
3 Year 15-Jan-18 36000 49073.29 36.31 % 21.13 %
5 Year 15-Jan-16 60000 92314.46 53.86 % 17.24 %
 

Tax Treatment

Portfolio (Updated on 31st Dec,2020)

Equity Holding : 99.54% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.54%
No of Stocks : 36 (Category Avg - 46.66) | Large Cap Investments : 63.29%| Mid Cap Investments : 21.45% | Small Cap Investments : 6.47% | Other : 8.33%

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 36 7.43% -1.72% 9.23% (Jan 2020) 7.43% (Dec 2020) 25.03 k -3.80 k
Bajaj Finance Ltd. Nbfc 26 5.37% 0.06% 5.46% (Feb 2020) 3.41% (May 2020) 4.91 k 0.00
Infosys Ltd. Computers - software 20.5 4.23% 0.28% 4.34% (Oct 2020) 1.51% (Feb 2020) 16.32 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 18 3.72% 0.26% 3.72% (Dec 2020) 2.68% (Mar 2020) 14.00 k 0.00
Reliance Industries Ltd. Refineries/marketing 17.7 3.65% -0.13% 6.03% (Jul 2020) 0% (Jan 2020) 8.90 k 0.00
Kotak Mahindra Bank Ltd. Banks 17.2 3.55% -0.07% 3.89% (Mar 2020) 2.86% (Sep 2020) 8.62 k 0.00
Ashok Leyland Ltd. Commercial vehicles 15.6 3.22% -0.10% 3.32% (Nov 2020) 0% (Jan 2020) 1.63 L 0.00
Asian Paints (india) Ltd. Paints 15.5 3.20% 0.47% 4.21% (Mar 2020) 2.73% (Nov 2020) 5.60 k 0.00
Titan Company Ltd. Gems, jewellery and watches 15.4 3.18% -0.07% 4.99% (Mar 2020) 3.11% (Aug 2020) 9.83 k -1.00 k
Housing Development Finance Corporation Ltd. Housing finance 14.7 3.04% 0.18% 3.62% (Jan 2020) 2.62% (Sep 2020) 5.75 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 0.72%
Net Receivables Net Receivables -0.30%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st December, 2020)

  • Standard Deviation

    High volatility
    20.9vs18.31
    Category Avg
  • Beta

    High volatility
    0.99vs0.84
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.35vs0.11
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.07vs0.02
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    2.25vs-2.02
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth NA 34.59 12.44 32.72 58.27 57.83 16.39
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 375.60 6.69 22.14 42.36 34.18 8.90
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 1475.66 8.33 22.75 40.53 31.40 15.29
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 101.10 6.48 15.18 33.83 31.39 0.00
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 5489.29 7.50 26.26 41.98 25.70 13.07
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 3 2680.35 8.46 29.79 45.41 23.63 5.26
UTI Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 3 1661.31 7.92 29.47 41.08 23.57 9.60
Union Long Term Equity Fund - Direct Plan - Growth 4 318.25 6.79 22.61 36.37 23.26 9.00
Invesco India Tax Plan - Direct Plan - Growth 4 1385.53 7.39 22.33 35.02 21.77 10.62
Principal Tax Saving Fund - Direct Plan 2 485.07 6.92 27.15 37.48 21.52 4.08

More Funds from JM Financial Mutual Fund

Out of 13 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 1 is/are ranked 4 * , 3 is/are ranked 3 * , 3 is/are ranked 2 * , 1 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 - Withheld Brokerage I.E.F. (Direct) - Growth NA 2660.84 0.00 0.00 0.00 0.00 0.00
JM Liquid Fund - (Direct) - Growth 2 2660.84 0.26 0.76 1.58 3.96 6.01
JM Large Cap Fund - (Direct) - Growth 5 270.86 4.27 15.49 23.27 20.99 9.07
JM Multicap Fund - (Direct) - Growth 2 157.41 6.69 32.32 34.61 15.36 9.09
JM Value Fund - (Direct) - Growth 4 127.96 6.98 31.52 38.54 16.00 5.86
JM Low Duration Fund - (Direct) - Growth 3 123.55 0.17 0.84 1.88 26.51 6.08
JM Arbitrage Fund - (Direct) - Growth 1 106.37 0.17 0.50 1.27 2.78 4.75
JM Dynamic Debt Fund - (Direct) - Growth 5 97.62 -0.12 1.01 2.11 7.83 7.45
JM Core 11 Fund - (Direct) - Growth 2 51.38 4.71 30.62 34.81 7.18 5.64
JM Tax Gain Fund - (Direct) - Growth 3 48.40 6.15 28.14 40.72 19.24 10.52

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