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  • JM Mutual Fund
  • JM Tax Gain Fund (Growth)

Formerly JM Tax Gain Gr

JM Mutual Fund

JM Tax Gain Fund (Growth)

EquityTax Saving

48.0939

NAV (Jun 24)

22.6%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in tax saving mutual funds.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Outperformance Consistency

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

48.0939

NAV (Jun 24)

Fund Returns

Last 1Y
52.3%
Last 3Y
24.3%
Last 5Y
22.7%
Last 10Y
17.5%
Since Inception
10.2%
6 Month CAGR
27.7%

Scheme Information

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 objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

Expense Ratio
2.37
Launched (16y ago)
Mar 31, 2008
AUM in Crores
146.144
ISIN
INF192K01650
Lock-in
3
Benchmark
S&P BSE 500 India TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
13.5
Standard Deviation (5yr)
19.7
Beta (3yr)
0.96
Beta (5yr)
0.99
Sharpe Ratio (3yr)
1.134
Sharpe Ratio (5yr)
0.791
YTM
0
Fund Managers

Chaitanya Choksi

Fund Manager

Gurvinder Wasan

Fund Manager

Asit Bhandarkar

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
JM Tax Gain Fund (Growth)70%13,06,588 5,73,97622.6%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-24

Top Stock Holdings

hdfc bank ltd

4.1%
4.1%

larsen & toubro ltd

3.9%
3.9%

icici bank ltd

3.9%
3.9%

power finance corp ltd

3.6%
3.6%

state bank of india

2.6%
2.6%
See all holdings

Allocation by Sector

industrials

23.1%
23.1%

financial services

19.4%
19.4%

consumer cyclical

14.5%
14.5%

basic materials

13.1%
13.1%

technology

9.9%
9.9%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 19,454 cr

₹ 15,161 cr

₹ 22,620 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

JM Financial Asset Management Limited

JM Financial Asset Management Limited manages assets worth 7,701 crores and was set up on 9 June 1994. It's current offering of mutual fund schemes includes 22 equity,70 debt and 15 hybrid funds.amc-img
phone-img022-61987704
Fund NameScripbox Opinion
Till Date CAGR

31.3%

15.9%

31.3%

15.7%

31.3%

15.7%

30.6%

17.4%

24.2%

10.1%

JM Tax Gain Fund (G) Review

JM Tax Gain Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 10.1% over a period of 16 years. The fund was previously known as JM Tax Gain Gr. The fund is managed by JM Financial Asset Management Limited. The fund managers are Asit Bhandarkar, Chaitanya Choksi, Gurvinder Wasan.

Nav of JM Tax Gain Fund (G) as of 6/24/2024 is ₹48.09 with the total AUM as of 6/25/2024 is ₹146.144. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM Tax Gain Fund (G) was launched on Mar 31, 2008. The category risk of the fund is Very High Risk.

The minimum SIP amount for JM Tax Gain Fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

JM Tax Gain Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 500 India TR INR.

JM Tax Gain Fund (G) is rated as a 3 fund in Equity and delivered 48.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with JM Tax Gain Fund (G).

Frequently Asked Questions

What is JM Tax Gain Fund (G)?

JM Tax Gain Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in JM Tax Gain Fund (G)?

You can invest in JM Tax Gain Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of JM Tax Gain Fund (G)?

The minimum sip amount for JM Tax Gain Fund (G) is ₹500. You can invest in multiples of ₹500.

Is JM Tax Gain Fund (G) good to invest in?

As per Scripbox experts, JM Tax Gain Fund (G) is a Neutral fund. You can investJM Tax Gain Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the JM Tax Gain Fund (G)?

The expense ratio of the JM Tax Gain Fund (G) is 2.37% for regular plan.