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JM Tax Gain Fund - (Direct) - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 25.6715 -0.22%
    (as on 09th April, 2021)
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Crisil Rank
Above average performance among peers
Risk-O-Meter
Moderately High

Fund has 98.47% investment in indian stocks of which 60.08% is in large cap stocks, 22.91% is in mid cap stocks, 7.07% 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 3 to 4 in the previous quarter.

This Scheme
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    S&P BSE 500
  • NA
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  • Gold
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Returns (NAV as on 09th April, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 01-Apr-21 10017.90 0.18% - 0.59% 37/62
1 Month 09-Mar-21 9873.20 -1.27% - -0.34% 37/63
3 Month 08-Jan-21 10393.80 3.94% - 6.33% 50/63
6 Month 09-Oct-20 13230.00 32.30% - 30.98% 24/63
YTD 01-Jan-21 10757.10 7.57% - 10.50% 45/63
1 Year 09-Apr-20 17019.00 70.19% 70.19% 69.59% 21/63
2 Year 09-Apr-19 14032.40 40.32% 18.43% 15.79% 18/61
3 Year 09-Apr-18 14483.50 44.84% 13.13% 9.78% 13/57
5 Year 08-Apr-16 23514.70 135.15% 18.63% 15.71% 5/42
Since Inception 02-Jan-13 35551.20 255.51% 16.57% 14.07% 15/57

SIP Returns (NAV as on 09th April, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 09-Apr-20 12000 15908.16 32.57 % 65.42 %
2 Year 09-Apr-19 24000 32265.59 34.44 % 31.32 %
3 Year 09-Apr-18 36000 50102.43 39.17 % 22.67 %
5 Year 08-Apr-16 60000 92718.74 54.53 % 17.43 %
 

Tax Treatment

Portfolio (Updated on 31st Mar,2021)

Equity Holding : 98.47% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.47%
No of Stocks : 36 (Category Avg - 47.51) | Large Cap Investments : 60.08%| Mid Cap Investments : 22.91% | Small Cap Investments : 7.07% | Other : 8.41%

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 39.7 7.56% 0.00% 9.15% (Nov 2020) 7.38% (Jan 2021) 26.58 k 0.00
# Infosys Ltd. Computers - software 29.5 5.62% 0.00% 4.68% (Jan 2021) 1.66% (Jun 2020) 21.57 k 3.75 k
# Bajaj Finance Ltd. Nbfc 23.2 4.42% 0.00% 5.37% (Dec 2020) 3.41% (May 2020) 4.51 k 0.00
# Larsen & Toubro Ltd. Engineering, designing, construction 19.9 3.78% 0.00% 3.96% (Jan 2021) 2.68% (Mar 2020) 14.00 k 0.00
# Kotak Mahindra Bank Ltd. Banks 19 3.61% 0.00% 3.89% (Mar 2020) 2.86% (Sep 2020) 10.82 k 0.00
# Ashok Leyland Ltd. Commercial vehicles 18.5 3.53% 0.00% 4.08% (Feb 2021) 0% (Mar 2020) 1.63 L 0.00
# State Bank Of India Banks 17.3 3.30% 0.00% 3.6% (Feb 2021) 0% (Mar 2020) 47.60 k 0.00
# Axis Bank Ltd. Banks 17.2 3.27% 0.00% 3.46% (Feb 2021) 1.96% (Sep 2020) 24.64 k 0.00
# Titan Company Ltd. Gems, jewellery and watches 15.3 2.92% 0.00% 4.99% (Mar 2020) 2.68% (Feb 2021) 9.83 k 0.00
# Bharti Airtel Ltd. Telecom - services 14.8 2.82% 0.00% 3.95% (May 2020) 0% (Mar 2020) 28.61 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.65%
Net Receivables Net Receivables -0.12%

Risk Ratios

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

  • Standard Deviation

    High volatility
    21.4vs18.89
    Category Avg
  • Beta

    High volatility
    0.99vs0.85
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.54vs0.37
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.12vs0.08
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.95vs-0.64
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 106.05 8.39 16.17 45.85 122.31 24.22
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 3 2988.35 1.81 13.68 41.62 96.21 11.25
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 6934.49 -0.96 7.79 31.61 79.02 18.45
DSP Tax Saver Fund - Direct Plan - Growth 3 8056.26 0.32 7.53 34.11 70.64 13.95
ITI Long Term Equity Fund - Direct Plan - Growth NA 75.51 -0.05 7.55 29.94 69.30 0.00
PGIM India Long Term Equity Fund - Direct Plan - Growth 4 352.90 -0.59 5.78 31.50 68.85 12.38
Franklin India Taxshield Fund - Direct - Growth 2 4375.42 -2.72 5.66 35.35 68.75 9.76
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 417.39 1.38 6.84 30.76 68.52 13.42
Quantum Tax Saving Fund - Direct Plan - Growth 2 89.11 -0.03 5.08 29.26 68.40 9.25
Kotak Tax Saver Scheme - Direct Plan - Growth 4 1836.79 0.61 7.74 29.84 68.39 15.05

More Funds from JM Financial Mutual Fund

Out of 13 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 2 is/are ranked 4 * , 3 is/are ranked 3 * , 2 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 1216.30 0.30 0.82 1.58 3.47 5.70
JM Liquid Fund - Withheld Brokerage I.E.F. (Direct) - Growth NA 1216.30 0.00 0.00 0.00 0.00 0.00
JM Flexi Cap Fund - Direct - Growth 3 162.02 -0.60 4.99 35.78 58.25 12.68
JM Value Fund - (Direct) - Growth 4 136.63 -0.84 6.23 35.88 67.59 10.38
JM Low Duration Fund - (Direct) - Growth 3 128.50 0.41 0.65 1.70 26.40 5.73
JM Arbitrage Fund - (Direct) - Growth 1 79.88 0.35 0.51 1.22 2.30 4.48
JM Overnight Fund - Direct Plan - Growth NA 69.20 0.27 0.78 1.52 3.08 0.00
JM Dynamic Debt Fund - (Direct) - Growth 5 68.23 1.00 -0.10 1.77 8.09 7.00
JM Large Cap Fund - (Direct) - Growth 2 60.76 -1.29 2.02 15.97 37.10 10.73
JM Tax Gain Fund - (Direct) - Growth 4 52.53 -1.27 3.94 32.30 70.19 13.13

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