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JM ELSS Tax Saver Fund Growth
+13.91%
3Y annualised
+1.07% 1D
NAV: 13 Oct '26
₹51.05
Min. for SIP
₹1,000
Fund size (AUM)
₹239.90 Cr
Expense ratio
2.68%
Rating
4
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹62,490 | +4.15% | |
| 3 years | ₹1,80,000 | ₹1,99,288 | +10.72% | |
| 5 years | ₹3,00,000 | ₹4,09,600 | +36.53% | |
| 10 years | ₹6,00,000 | ₹13,13,004 | +118.83% |
Holdings (55)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Syrma SGS Technology Ltd | Technology | Equity | 3.41% |
| One 97 Communications Ltd | Industrials | Equity | 3.31% |
| HDFC Bank Ltd | Financial | Equity | 2.90% |
| Karur Vysya Bank Ltd | Financial | Equity | 2.69% |
| ICICI Bank Ltd | Financial | Equity | 2.67% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.64% |
| Bharti Airtel Ltd | Technology | Equity | 2.41% |
| CarTrade Tech Ltd | Consumer Discretionary | Equity | 2.30% |
| EPL Ltd | Materials | Equity | 2.19% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.11% |
| United Spirits Ltd | Consumer Staples | Equity | 2.09% |
| Zomato Ltd | Technology | Equity | 2.08% |
| Sanathan Textiles Ltd. | Consumer Discretionary | Equity | 2.04% |
| WeWork India Management Ltd. | Industrials | Equity | 2.04% |
| Manappuram Finance Ltd | Financial | Equity | 2.03% |
| Aditya Vision Ltd | Consumer Discretionary | Equity | 2.02% |
| State Bank of India | Financial | Equity | 2.01% |
| Fortis Healthcare Ltd | Healthcare | Equity | 1.97% |
| Belrise Industries Ltd. | Consumer Discretionary | Equity | 1.95% |
| Bajaj Finance Ltd | Financial | Equity | 1.94% |
| Shaily Engineering Plastics Ltd | Materials | Equity | 1.89% |
| Jindal Steel & Power Ltd | Materials | Equity | 1.89% |
| Travel Food Services Ltd. | Consumer Discretionary | Equity | 1.89% |
| Finolex Cables Ltd | Industrials | Equity | 1.82% |
| Mahindra & Mahindra Financial Services Ltd | Financial | Equity | 1.76% |
| Larsen & Toubro Ltd | Industrials | Equity | 1.75% |
| Tech Mahindra Ltd | Technology | Equity | 1.71% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 1.70% |
| PNB Housing Finance Ltd | Financial | Equity | 1.69% |
| Apar Industries Ltd | Diversified | Equity | 1.68% |
| Artemis Medicare Services Ltd | Healthcare | Equity | 1.67% |
| Adani Power Ltd | Energy & Utilities | Equity | 1.65% |
| Navin Fluorine International Ltd | Materials | Equity | 1.65% |
| SML Isuzu Ltd | Consumer Discretionary | Equity | 1.65% |
| Bajaj Auto Ltd | Consumer Discretionary | Equity | 1.63% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 1.63% |
| BSE Ltd | Financial | Equity | 1.61% |
| Onesource Specialty Pharma Ltd | Healthcare | Equity | 1.59% |
| GNG Electronics Ltd. | Industrials | Equity | 1.58% |
| Bosch Ltd | Consumer Discretionary | Equity | 1.57% |
| Titagarh Wagons Ltd | Industrials | Equity | 1.57% |
| Persistent Systems Ltd | Technology | Equity | 1.54% |
| Max Financial Services Ltd | Financial | Equity | 1.51% |
| Redington Ltd | Technology | Equity | 1.51% |
| Zydus Lifesciences Ltd | Healthcare | Equity | 1.49% |
| Oriental Hotels Ltd | Consumer Discretionary | Equity | 1.46% |
| Sagility India Ltd. | Industrials | Equity | 1.45% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 1.42% |
| Hindalco Industries Ltd | Materials | Equity | 1.37% |
| Smartworks Coworking Spaces Ltd. | Industrials | Equity | 1.33% |
| Prestige Estates Projects Ltd | Real Estate | Equity | 1.26% |
| The India Cements Ltd | Materials | Equity | 1.17% |
| Repo | Unspecified | Repo | 1.09% |
| Spandana Sphoorty Financial Ltd | Financial | Equity | 0.97% |
| Net Receivables | Unspecified | Net Receivables | 0.02% |
See All
Minimum investments
Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹1,000
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +13.9% | +11.2% | +14.5% | +9.2% |
| Category average (Equity ELSS) | +9.4% | +8.3% | +11.6% | +19.1% |
| Rank (Equity ELSS) | 3 | 5 | 3 | -- |
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
SRSatish RamanathanOct 2024 - PresentView details
SR
Satish Ramanathan
Oct 2024 - Present
View details
DGDeepak GuptaApr 2025 - PresentView details
DG
Deepak Gupta
Apr 2025 - Present
View details
ABAsit BhandarkarDec 2021 - PresentView details
AB
Asit Bhandarkar
Dec 2021 - Present
View details
RFRuchi FozdarOct 2024 - PresentView details
RF
Ruchi Fozdar
Oct 2024 - Present
View details
About JM ELSS Tax Saver Fund Growth
JM ELSS Tax Saver Fund Growth is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 15 Sep 1994. Satish Ramanathan is the Current Fund Manager of JM ELSS Tax Saver Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹12,720 Cr and the Latest NAV as of 13 Oct 2026 is ₹51.05.
The JM ELSS Tax Saver Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹500.
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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₹12,720.01 Cr
Date of Incorporation15 Sep 1994
Launch Date15 Sep 1994
AddressOne International Centre, 22nd Floor,Tower 2, Senapati Bapat Marg,Prabhadevi, Mumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,