| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.02% |
| NAV | ₹19.50 (30 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹38 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.1% |
| Reliance Industries Ltd. | Energy | Equity | 5.8% |
| Bajaj Finance Ltd. | Financial | Equity | 4.2% |
| Titan Company Ltd. | Cons Durable | Equity | 3.4% |
| Trent Ltd. | Services | Equity | 3.2% |
| Ashok Leyland Ltd. | Automobile | Equity | 3.2% |
| Tech Mahindra Ltd. | Technology | Equity | 3.1% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.1% |
| Infosys Ltd. | Technology | Equity | 3.0% |
| HDFC Life Insurance Co Ltd. | Financial | Equity | 2.9% |
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 ₹38 Cr and the Latest NAV as of 30 Oct 2020 is ₹19.50.
The JM Tax Gain Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.