Fund Details
JM Tax Gain Direct Plan Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.02% |
| NAV | ₹24.23 (22 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹48 Cr |
Returns
Comparison
1. Exit load is zero
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.02%
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.4% |
| Bajaj Finance Ltd. | Financial | Equity | 5.4% |
| Infosys Ltd. | Technology | Equity | 4.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.7% |
| Reliance Industries Ltd. | Energy | Equity | 3.6% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.6% |
| Ashok Leyland Ltd. | Automobile | Equity | 3.2% |
| Asian Paints Ltd. | Chemicals | Equity | 3.2% |
| Titan Company Ltd. | Cons Durable | Equity | 3.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.0% |
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 ₹48 Cr and the Latest NAV as of 22 Jan 2021 is ₹24.23.
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 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%.
