Fund Details
JM Tax Gain Direct Plan Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.00% |
| NAV | ₹27.29 (17 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹56 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.02%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.7% |
| Infosys Ltd. | Technology | Equity | 5.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.9% |
| Axis Bank Ltd. | Financial | Equity | 3.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.7% |
| State Bank of India | Financial | Equity | 3.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| Ashok Leyland Ltd. | Automobile | Equity | 3.4% |
| Bajaj Finance Ltd. | Financial | Equity | 3.4% |
| Reliance Industries Ltd. | Energy | Equity | 3.3% |
Fund Managers
JM Tax Gain Direct Plan Growth Details
JM Tax Gain Direct Plan Growth is a Equity Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sanjay Kumar Chhabaria, Chaitanya Choksi is the Current Fund Manager of JM Tax Gain Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹56 Cr and the Latest NAV as of 17 Jun 2021 is ₹27.29.
The JM Tax Gain 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.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
