JM Tax Gain Direct Plan Growth+0.80%

4
-7.91%
1 Year Return
Equity
ELSS
4.0star
6M
1Y
3Y
5Y
All

Fund Details

JM Tax Gain Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.02%
NAV17.45 (03 Jul 2020)
Fund Started01 Jan 2013
Fund Size31 Cr

Returns

1Y
3Y*
5Y*
Since inception*
JM Tax Gain Direct Plan Growth
-7.9%
3.6%
7.0%
12.5%
Category Average
-16.6%
-3.7%
6.3%
-
Rank within category
18
17
11
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -7.9% annual returns

    Comparison

    Data not available
    Pros
    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
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio - 2.02%

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity8.8%
    Reliance Industries Ltd.EnergyEquity5.0%
    Bharti Airtel Ltd.CommunicationEquity4.0%
    Shree Cement Ltd.ConstructionEquity3.9%
    Larsen & Toubro Ltd.ConstructionEquity3.6%
    Pidilite Industries Ltd.ChemicalsEquity3.6%
    Maruti Suzuki India Ltd.AutomobileEquity3.6%
    Titan Company Ltd.Cons DurableEquity3.4%
    Bajaj Finance Ltd.FinancialEquity3.4%
    Asian Paints Ltd.ChemicalsEquity3.4%
    See All

    Fund Managers

    addSanjay Kumar Chhabaria
    Education
    He is a PGDBA and CFA.
    Experience
    Prior to joining JM Financials he has worked with Lotus India AMC, SBI Funds Management, Religare Invesco AMC, SMIFS Securities and IDBI Capital Markets.
    Funds Managed
    addChaitanya Choksi
    Education
    Mr. Choksi is a MMS (Finance) and CFA.
    Experience
    Prior to joining JM Financials in 2008 he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
    Funds Managed

    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 ₹31 Cr and the Latest NAV as of 03 Jul 2020 is ₹17.45.

    The JM Tax Gain Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objective of the Scheme will be achieved.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About JM Financial Mutual Fund

    Address
    Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051
    Phone
    022-61987777
    Launch Date
    15 Sep 1994
    Website
    NA
    JM Financial Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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