- Mutual Funds
- JM Financial Mutual Fund
- JM ELSS Tax Saver Fund (IDCW-I)
JM ELSS Tax Saver Fund (IDCW-I)
₹ 51.2979
NAV (Sep 06)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 51.2979
NAV (Sep 6)
Fund Returns
Last 1Y | 50.5% |
Last 3Y | 22.7% |
Last 5Y | 26% |
Last 10Y | 17.4% |
Since Inception | 10.5% |
6 Month CAGR | 26.7% |
Scheme Information
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 (0y ago) | 2.37 |
AUM in Crores | 173.4 |
ISIN | INF192K01643 |
Lock-in | 1095 |
Benchmark | BSE 500 Total Return Index |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | |
Standard Deviation | 14.3 |
Beta | 1 |
Sharpe Ratio | 1.3 |
YTM |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| JM ELSS Tax Saver Fund (IDCW-I) | 14,34,875 | 7,02,263 | 26% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
Infosys Ltd.
3.8%Larsen & Toubro Ltd.
3.7%ICICI Bank Ltd.
3.6%HDFC Bank Ltd.
3.5%Tata Motors Ltd. - DVR Ordinary
2.6%Allocation by Sector
Capital Goods
15.06%Financial
14.92%Services
13.59%Chemicals
9.54%Consumer Staples
8.05%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 25,617 cr | ||
₹ 23,046 cr | ||
₹ 62,717 cr | ||
₹ 48,805 cr | ||
₹ 17,267 cr |
About the AMC
JM Financial Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
28.733% | 16.11% | ||
30.319% | 17.55% | ||
23.541% | 13.211% | ||
22.736% | 10.519% | ||
5.555% | 6.609% |
JM ELSS Tax Saver Fund (IDCW-I) Review
JM ELSS Tax Saver Fund (IDCW-I) is a Equity Equity fund and has delivered an annualised return of 10.519% over a period of 16 years. The fund is managed by JM Financial Mutual Fund. The fund manager’s name is [object Object],[object Object],[object Object].
Nav of JM ELSS Tax Saver Fund (IDCW-I) as of 9/6/2024 is ₹51.30 with the total AUM as of 9/7/2024 is ₹173.4496. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM ELSS Tax Saver Fund (IDCW-I) was launched on 2008-03-31. The category risk of the fund is Average.
The minimum SIP amount for JM ELSS Tax Saver Fund (IDCW-I) 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 (IDCW-I) 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.
JM ELSS Tax Saver Fund (IDCW-I) is rated as a 3 fund in Equity and delivered 50.488% 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 (IDCW-I).
Frequently Asked Questions
What is JM ELSS Tax Saver Fund (IDCW-I)?
How to invest in JM ELSS Tax Saver Fund (IDCW-I)?
You can invest in JM ELSS Tax Saver Fund (IDCW-I) 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 (IDCW-I)?
The minimum sip amount for JM ELSS Tax Saver Fund (IDCW-I) is ₹500. You can invest in multiples of ₹500.
Is JM ELSS Tax Saver Fund (IDCW-I) good to invest in?
As per Scripbox experts, JM ELSS Tax Saver Fund (IDCW-I) is a 3 fund. You can investJM ELSS Tax Saver Fund (IDCW-I) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the JM ELSS Tax Saver Fund (IDCW-I)?
The expense ratio of the JM ELSS Tax Saver Fund (IDCW-I) is 2.37% for regular plan.