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JM Tax Gain Direct Plan IDCW

Equity
ELSS
Very High Risk
3Y Lock In
22.79%
3Y annualised
+0.69% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 25 Jan 2022₹30.48
Min. SIP amount₹500
Rating4
Fund size₹66.15Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns30.0%22.8%18.3%17.5%
Category average54.9%14.2%14.3%NA
Rank with in category2086NA
Understand terms

Holdings (35)

NameSectorInstrumentAssets
TechnologyEquity5.7%
FinancialEquity5.2%
ConstructionEquity5.0%
TechnologyEquity4.6%
ConstructionEquity4.5%
EnergyEquity3.5%
AutomobileEquity3.4%
FinancialEquity3.3%
FinancialEquity3.1%
FinancialEquity3.0%
See All

Pros and cons

Category: Equity ELSS

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 2.98 The fund has generated returns higher than benchmark - S&P BSE 500 TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 1.61%

Cons

Lower AUM: 66Cr. Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 23.02%
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 1.61%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Sanjay Kumar Chhabaria
Jan 2013 - Present
View details
Chaitanya Choksi
Jul 2014 - Present
View details

Fund house & investment objective

Fund house contact details

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