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  • JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A)

Formerly JM Tax Gain DP

JM Mutual Fund

JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A)

EquityTax Saving

29.9601

NAV (Oct 13)

18%
5 Year CAGR
Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

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).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

13 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

66 Cr. Negligible within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

Invest in this fund
Explore a better alternative to this fund with a Scripbox plan.
Tax Saver Plan

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • graph-icon-gray
    Historical growth rate of 12% per annum
  • graph-icon-gray
    Recommended Duration > 5 years
  • graph-icon-gray
    3 Years
  • graph-icon-gray
    Save Tax

No single fund can achieve what a plan can. Learn why

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Historical NAV

29.9601

NAV (Oct 13)

Fund Returns

Last 1Y
68.5%
Last 3Y
25.7%
Last 5Y
18%
Last 10Y
17.4%
Since Inception
8.4%
6 Month CAGR
30.9%
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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Very High Risk

Expense Ratio
2.44
Launched (13y ago)
Mar 31, 2008
AUM in Crores
65.334
ISIN
INF192K01643
Lock-in
3
Benchmark
S&P BSE 500 India TR INR
SIP Minimum
500
Lumpsum Min.
500
Fund Managers
user-avatar

Chaitanya Choksi

Fund Manager

user-avatar

Sanjay Chhabaria

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

build-long-item-wealth-img

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record

SBI Focused Equity Fund (G)

recommended-badge

₹ 20,371 cr

5

recommended-badge

₹ 5,357 cr

5

recommended-badge

₹ 5,218 cr

5

recommended-badge

₹ 3,953 cr

5

recommended-badge

₹ 3,346 cr

5

amc-icon

About the AMC

JM Financial Asset Management Limited

JM Financial Asset Management Limited manages assets worth 1,937 crores and was set up on 9 June 1994. It's current offering of mutual fund schemes includes 22 equity,54 debt and 31 hybrid funds.

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  • tel-amc-about
    022-61987704
  • mail-amc-about
    investor@jmfl.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    4.9%

    7%

    top-ranked-badge

    4.9%

    7.6%

    top-ranked-badge

    4.9%

    6.9%

    top-ranked-badge

    3.9%

    5.8%

    top-ranked-badge

    4%

    %

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

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    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    Create an Account

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    About JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A)

    About JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A)

    JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 8.4% over a period of 13 years. The fund was previously known as JM Tax Gain DP . The fund is managed by JM Financial Asset Management Limited. The fund managers are Chaitanya Choksi, Sanjay Chhabaria

    JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) 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. . However, there is no assurance that the objective of the scheme will be realized.

    JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) NAV,AUM,Risk

    The JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) fund was launched on Mar 31, 2008. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-10-13 is ₹29.96. The total AUM (Asset Under Management) of the fund as of 14/10/2021 is ₹65.334. The category risk of the JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) fund is Very High Risk. The fund charges 2.44 % as expense ratio.

    JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) Holdings

    The fund’s highest allocation is towards Equity and has invested 99.2% in this asset class. The top three holdings of the fund are , hdfc bank ltd , infosys ltd , bajaj finance ltd , reliance industries ltd , larsen & toubro ltd , kotak mahindra bank ltd , titan co ltd , axis bank ltd , housing development finance corp ltd , bajaj finserv ltd , mahindra & mahindra financial services ltd , state bank of india , godrej properties ltd , pidilite industries ltd , tech mahindra ltd , ashok leyland ltd , voltas ltd , larsen & toubro infotech ltd , trent ltd , asian paints ltd , skf india ltd , ultratech cement ltd , united spirits ltd , cipla ltd , chemplast sanmar ltd , shree cement ltd , hdfc life insurance company limited , bharti airtel ltd , siemens ltd , central depository services (india) ltd , canara bank , alkem laboratories ltd , thermax ltd , sundaram finance ltd , maruti suzuki india ltd , uti asset management co ltd , balkrishna industries ltd , icici securities ltd , treps-triparty repo , eicher motors ltd , net current assets , bharti airtel limited - rights partly paid

    JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) Investment volatility and Horizon

    This fund 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 of Income Distribution cum capital withdrawal (PIDCW-A) Review

    JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, JM Tax Gain Fund of Income Distribution cum capital withdrawal (PIDCW-A) has a score of 1 out of 5 Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

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