JM ELSS Tax Saver Fund Direct Plan Growth

JM ELSS Tax Saver Fund Direct Plan Growth

+15.37%
3Y annualised
+0.20% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Sep '26
₹59.67
Min. for SIP
₹500
Fund size (AUM)
₹248.18 Cr
Expense ratio
1.35%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹65,415
+9.03%
3 years₹1,80,000₹2,15,336
+19.63%
5 years₹3,00,000₹4,46,220
+48.74%
10 years₹6,00,000₹14,76,484
+146.08%

Holdings (57)

NameSectorInstrumentsAssets
One 97 Communications LtdIndustrialsEquity3.28%
Syrma SGS Technology LtdTechnologyEquity2.86%
ICICI Bank LtdFinancialEquity2.84%
HDFC Bank LtdFinancialEquity2.81%
Karur Vysya Bank LtdFinancialEquity2.79%
Reliance Industries LtdEnergy & UtilitiesEquity2.75%
CarTrade Tech LtdConsumer DiscretionaryEquity2.49%
Bharti Airtel LtdTechnologyEquity2.41%
Coforge LtdTechnologyEquity2.28%
Fortis Healthcare LtdHealthcareEquity2.25%
United Spirits LtdConsumer StaplesEquity2.23%
State Bank of IndiaFinancialEquity2.14%
Bajaj Finance LtdFinancialEquity2.07%
Zomato LtdTechnologyEquity2.06%
Kotak Mahindra Bank LtdFinancialEquity2.05%
WeWork India Management Ltd.IndustrialsEquity2.04%
Travel Food Services Ltd.Consumer DiscretionaryEquity2.00%
Aditya Vision LtdConsumer DiscretionaryEquity1.97%
Shaily Engineering Plastics LtdMaterialsEquity1.96%
Mahindra & Mahindra Financial Services LtdFinancialEquity1.95%
Jindal Steel & Power LtdMaterialsEquity1.92%
Manappuram Finance LtdFinancialEquity1.91%
Shriram Transport Finance Company LtdFinancialEquity1.85%
Belrise Industries Ltd.Consumer DiscretionaryEquity1.83%
Larsen & Toubro LtdIndustrialsEquity1.82%
Bosch LtdConsumer DiscretionaryEquity1.81%
Sanathan Textiles Ltd.Consumer DiscretionaryEquity1.78%
Bajaj Auto LtdConsumer DiscretionaryEquity1.76%
Navin Fluorine International LtdMaterialsEquity1.68%
PNB Housing Finance LtdFinancialEquity1.68%
Max Financial Services LtdFinancialEquity1.67%
Apar Industries LtdDiversifiedEquity1.66%
BSE LtdFinancialEquity1.65%
Persistent Systems LtdTechnologyEquity1.58%
Maruti Suzuki India LtdConsumer DiscretionaryEquity1.56%
Tech Mahindra LtdTechnologyEquity1.56%
Adani Power LtdEnergy & UtilitiesEquity1.55%
Mahindra & Mahindra LtdConsumer DiscretionaryEquity1.54%
Onesource Specialty Pharma LtdHealthcareEquity1.53%
Titagarh Wagons LtdIndustrialsEquity1.52%
Finolex Cables LtdIndustrialsEquity1.51%
Artemis Medicare Services LtdHealthcareEquity1.49%
Sagility India Ltd.IndustrialsEquity1.36%
Prestige Estates Projects LtdReal EstateEquity1.34%
The India Cements LtdMaterialsEquity1.31%
EPL LtdMaterialsEquity1.29%
Redington LtdTechnologyEquity1.28%
Godfrey Phillips India LtdConsumer StaplesEquity1.26%
SML Isuzu LtdConsumer DiscretionaryEquity1.23%
Hindalco Industries LtdMaterialsEquity1.23%
Oriental Hotels LtdConsumer DiscretionaryEquity1.18%
GNG Electronics Ltd.IndustrialsEquity1.17%
Zydus Lifesciences LtdHealthcareEquity1.03%
Others CBLOUnspecifiedCBLO0.98%
Spandana Sphoorty Financial LtdFinancialEquity0.83%
Net ReceivablesUnspecifiedNet Receivables0.34%
Spandana Sphoorty Financial Ltd PPEFinancialPartly Paid Equity0.11%
See All

Minimum investments

Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+15.4%+13.8%+15.9%+16.7%
Category average (Equity ELSS)+16.4%+16.5%+14.0%--
Rank (Equity ELSS)445--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

SR
Satish Ramanathan
Oct 2024 - Present
View details

Education
Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA.
Experience
Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.

DG
Deepak Gupta
Apr 2025 - Present
View details

About JM ELSS Tax Saver Fund Direct Plan Growth

JM ELSS Tax Saver Fund Direct Plan Growth is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 15 Sep 1994. Ruchi Fozdar is the Current Fund Manager of JM ELSS Tax Saver Fund Direct Plan Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,408 Cr and the Latest NAV as of 16 Sep 2026 is ₹59.67. The JM ELSS Tax Saver Fund Direct Plan Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The scheme aims at achieving long term growth of capital along with income tax relief for investment. At least 80% of the funds will be invested in equity instruments.
Fund benchmarkBSE 500 Total Return Index

Fund house

Rank (total assets)#32 in India
Total AUM₹13,408.24 Cr
Date of Incorporation15 Sep 1994
Phone022-33797777 / 1800-103-8345
E-mail--
Launch Date15 Sep 1994
AddressOne International Centre, 22nd Floor,Tower 2, Senapati Bapat Marg,Prabhadevi, Mumbai Mumbai 400013
CustodianHDFC Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,