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  • JM Financial Mutual Fund
  • JM ELSS Tax Saver Fund (G)
JM Mutual Fund

JM ELSS Tax Saver Fund (G)

EquityTax Saving

49.3173

NAV (Nov 08)

22.028%
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 ->

Downside Protection Measure

Poor

The performance of the fund on a Downside Protection Measure metric has been Poor

Fund Size

Poor

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

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

49.3173

NAV (Nov 8)

Fund Returns

Last 1Y
43.3%
Last 3Y
17.4%
Last 5Y
22%
Last 10Y
16%
Since Inception
10.1%
6 Month CAGR
14.5%

Scheme Information

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.

Expense Ratio
2.37%
Launched 16Y ago
2008-03-31
AUM in Crores
186.7
ISIN
INF192K01650
Lock-in (days)
1095
Benchmark
BSE 500 Total Return Index
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
-
Standard Deviation
14
Beta
1
Sharpe Ratio
1.1
YTM
-
Fund Managers

Asit Bhandarkar

Fund Manager

Chaitanya Choksi

Fund Manager

Gurvinder Singh Wasan

Fund Manager

Ruchi Fozdar

Fund Manager

Satish Ramanathan

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 ELSS Tax Saver Fund (G)70%12,86,134 5,53,52222%
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 2023-12-21

Top Stock Holdings

Infosys Ltd.

3.82%
3.82%

Larsen & Toubro Ltd.

3.68%
3.68%

ICICI Bank Ltd.

3.57%
3.57%

HDFC Bank Ltd.

3.51%
3.51%

Tata Motors Ltd. - DVR Ordinary [Merged]

2.63%
2.63%
See all holdings

Allocation by Sector

Financial

17.17%
17.17%

Services

11.66%
11.66%

Capital Goods

11.56%
11.56%

Consumer Staples

9.32%
9.32%

Chemicals

8.65%
8.65%
See all sectors

Comparison with Equity Funds

Fund NameFund Size
mirae-asset-global
Mirae Asset ELSS Tax Saver Fund (G)

₹ 26,417 cr

₹ 24,508 cr

₹ 66,206 cr

₹ 17,770 cr

₹ 51,197 cr

amc-img

About the AMC

JM Financial Mutual Fund

JM Financial was established in the year 1993-94. The Company is a part of one of the oldest and reputed financial groups- JM Financial Group. It is sponsored by JM Financial limited.amc-img
phone-img022-33797777 / 1800-103-8345
Fund NameScripbox Opinion
Till Date CAGR

24.4%

15.6%

23.9%

17.1%

20.4%

13%

17.4%

10.1%

5.9%

6.6%

JM ELSS Tax Saver Fund (G) Review

JM ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 10.08% over 16 years. The fund has grown over a period of 16 years. The fund is managed by JM Financial Mutual Fund. The fund managers are Asit Bhandarkar, Chaitanya Choksi, Gurvinder Singh Wasan, Ruchi Fozdar, Satish Ramanathan.

Nav of JM ELSS Tax Saver Fund (G) as of 11/8/2024 is ₹49.32 with the total AUM as of 11/11/2024 is ₹186.75. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM ELSS Tax Saver Fund (G) was launched on 2008-03-31. The category risk of the fund is Very High.

The minimum SIP amount for JM ELSS Tax Saver Fund (G) is ₹500 and you can increase this in multiples of ₹100. 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 ELSS Tax Saver 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 BSE 500 Total Return Index.

Scripbox has rated it 3 stars, indicating it's a neutral fund in the Equity category and delivered 43.35% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with JM ELSS Tax Saver Fund (G).

Frequently Asked Questions

What is JM ELSS Tax Saver Fund (G)?

It 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 ELSS Tax Saver Fund (G)?

You can invest in JM ELSS Tax Saver 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 ELSS Tax Saver Fund (G)?

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

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

According to Scripbox opinion, it is a 3-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.

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

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

What is the NAV of JM ELSS Tax Saver Fund (G)?

Today's JM ELSS Tax Saver Fund (G) NAV is ₹49.32.