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| NAV: 26 Mar 2025 | ₹50.41 |
| Min. SIP amount | ₹500 |
| Rating | 4 |
| Fund size | ₹167.42Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
1 year
3 years
5 years
Total investment of ₹60,000
Would have become ₹57,989 (-3.35%)
Holdings (49)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 5.61% |
HDFC Bank Ltd. | Financial | Equity | 5.60% |
Infosys Ltd. | Technology | Equity | 4.63% |
Bajaj Finserv Ltd. | Financial | Equity | 3.97% |
Maruti Suzuki India Ltd. | Automobile | Equity | 3.36% |
Bajaj Auto Ltd. | Automobile | Equity | 3.09% |
State Bank of India | Financial | Equity | 3.00% |
Bharti Airtel Ltd. | Communication | Equity | 2.88% |
Larsen & Toubro Ltd. | Construction | Equity | 2.73% |
CreditAccess Grameen Ltd. | Financial | Equity | 2.39% |
Jubilant FoodWorks Ltd. | Services | Equity | 2.30% |
Navin Fluorine International Ltd. | Chemicals | Equity | 2.14% |
Tech Mahindra Ltd. | Technology | Equity | 2.11% |
Voltas Ltd. | Consumer Discretionary | Equity | 2.09% |
Onesource Specialty Pharma Ltd. | Healthcare | Equity | 2.09% |
Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 2.03% |
Cummins India Ltd. | Capital Goods | Equity | 1.95% |
Century Plyboards (India) Ltd. | Consumer Staples | Equity | 1.94% |
Zomato Ltd. | Services | Equity | 1.86% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 1.86% |
Firstsource Solutions Ltd. | Services | Equity | 1.84% |
SRF Ltd. | Diversified | Equity | 1.84% |
Power Finance Corporation Ltd. | Financial | Equity | 1.80% |
Varun Beverages Ltd. | Consumer Staples | Equity | 1.69% |
Mrs. Bectors Food Specialities Ltd. | Consumer Staples | Equity | 1.69% |
Ultratech Cement Ltd. | Construction | Equity | 1.63% |
Newgen Software Technologies Ltd. | Technology | Equity | 1.62% |
PG Electroplast Ltd. | Capital Goods | Equity | 1.57% |
Pidilite Industries Ltd. | Chemicals | Equity | 1.43% |
Strides Pharma Science Ltd. | Healthcare | Equity | 1.42% |
Blue Star Ltd. | Consumer Discretionary | Equity | 1.36% |
Neuland Laboratories Ltd. | Healthcare | Equity | 1.33% |
Jyothy Labs Ltd. | Consumer Staples | Equity | 1.29% |
Bank Of Baroda | Financial | Equity | 1.28% |
Spandana Sphoorty Financial Ltd. | Financial | Equity | 1.28% |
Gulf Oil Lubricants India Ltd. | Energy | Equity | 1.26% |
Thangamayil Jewellery Ltd. | Consumer Discretionary | Equity | 1.22% |
NTPC Ltd. | Energy | Equity | 1.21% |
Dhanuka Agritech Ltd. | Chemicals | Equity | 1.21% |
Global Health Ltd. | Healthcare | Equity | 1.17% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 1.12% |
Trent Ltd. | Services | Equity | 1.11% |
Suzlon Energy Ltd. | Capital Goods | Equity | 0.96% |
Alivus Life Sciences Ltd | Healthcare | Equity | 0.92% |
Orchid Pharma Ltd. | Healthcare | Equity | 0.92% |
Suraksha Diagnostic Ltd. | Healthcare | Equity | 0.91% |
SKF India Ltd. | Capital Goods | Equity | 0.91% |
Garware Hi-Tech Films Ltd. | Chemicals | Equity | 0.84% |
Thomas Cook (India) Ltd. | Services | Equity | 0.79% |
See All
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 12.8% | 18.3% | 27.7% | 17.2% |
| Category average | 8.8% | 15.4% | 26.4% | NA |
| Rank with in category | 7 | 8 | 9 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 11.6% | 24.7% | 25,723.50 |
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 5 | 13.8% | 24.3% | 3,405.01 |
HDFC ELSS Tax Saver Direct Plan Growth | 4 | 14.1% | 22.7% | 14,671.37 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 10.7% | 19.1% | 5,986.40 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 15.6% | 19.1% | 4,477.32 |
Expense ratio, exit load and tax
Expense ratio: 1.27%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Fund management
Satish RamanathanOct 2024 - PresentView details
Satish Ramanathan
Oct 2024 - Present
View details
Education
Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA.
Experience
Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.
Also manages these schemes
Asit BhandarkarDec 2021 - PresentView details
Asit Bhandarkar
Dec 2021 - Present
View details
Education
Mr. Bhandarkar is a B.Com (H) and MMS.
Experience
Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
Also manages these schemes
Chaitanya ChoksiJul 2014 - PresentView details
Chaitanya Choksi
Jul 2014 - Present
View details
Education
Mr. Choksi is a MMS (Finance) and CFA.
Experience
Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
Also manages these schemes
Ruchi FozdarOct 2024 - PresentView details
Ruchi Fozdar
Oct 2024 - Present
View details
Education
Ms. Ruchi is a graduate in science and PGDBM in finance
Experience
Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Office B-8th Floor-Cnergy,Appasaheb Marathe Marg,Prabhadevi, Mumbai 400025
Phone
022-33797777 / 1800-103-8345
Launch Date
15 Sep 1994
E-mail
NAWebsite
www.JMFinancialmf.com
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,
Website
www.karvymfs.comPros and cons
Category: Equity ELSS
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 3.57
The fund has generated returns higher than benchmark - BSE 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 1.27%
Cons
Lock-in period: 3Y
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JM ELSS Tax Saver Fund Direct Plan Growth
VS
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Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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