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JM Tax Gain Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
21.95%
3Y annualised
+0.55% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2021₹31.16
Min. SIP amount₹500
Rating4
Fund size₹66.29Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns39.2%21.9%19.7%17.8%
Category average54.9%14.2%14.3%NA
Rank with in category2277NA
Understand terms

Holdings (39)

NameSectorInstrumentAssets
FinancialEquity5.5%
EnergyEquity5.4%
TechnologyEquity5.0%
ConstructionEquity4.7%
FinancialEquity3.8%
FinancialEquity3.4%
FinancialEquity3.3%
FinancialEquity3.1%
FinancialEquity3.1%
FinancialEquity3.0%
See All

Pros and cons

Category: Equity ELSS

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 3.65 The fund has generated returns higher than benchmark - S&P BSE 500 TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 1.69%

Cons

Lower AUM: 66Cr. Funds with lower AUM tend to have higher expense ratio
Lock-in period: 3Y
1Y annualised returns lower than category average by 6.74%

Expense ratio, exit load and tax

Expense ratio: 1.69%

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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