Table of Contents 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. JM Tax Gain Fund is a Equity - ELSS fund launched on 31 Mar 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Tax Gain Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Jm Tax Gain Fund - G
Scheme Objective
CAGR return of 10.3% since its launch. Ranked 18 in ELSS category. Return for 2023 was 30.9% , 2022 was 0.5% and 2021 was 32.2% . NAV as on 26 Jul 24 ₹50.0401 ↑ 0.76 (1.54 %) Net Assets (AUM) as on 30 Jun 2024 ₹161 Cr. Launch Date 31 Mar 2008 Category Equity - ELSS Rating ☆☆☆ Type Open Ended Fund Risk Moderately High AMC JM Financial Asset Management Limited Alpha Ratio 8.78 Expense Ratio 2.43 % Sharpe Ratio 2.627 Information Ratio 0.79 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Jul 24 Duration Returns 1 Month 2.4% 3 Month 14.5% 6 Month 27.3% 1 Year 48.8% 3 Year 24% 5 Year 24.6% 10 Year 15 Year Since launch 10.3% Historical Annual Returns
Year Returns 2023 30.9% 2022 0.5% 2021 32.2% 2020 18.3% 2019 14.9% 2018 -4.6% 2017 42.6% 2016 5.2% 2015 -0.6% Growth of 10k Over Years
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹8,935 30 Jun 21 ₹14,283 30 Jun 22 ₹14,168 30 Jun 23 ₹18,523 30 Jun 24 ₹27,569 
Asset Allocation
Asset Class Value Cash 0.31% Equity 99.69% 
Sector Allocation
Sector Value Industrials 23.36% Financial Services 16.43% Basic Materials 16.36% Consumer Cyclical 14.23% Technology 10.32% Consumer Defensive 5.84% Communication Services 5.38% Real Estate 3.37% Health Care 2.41% Utility 1.99% 
Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANKBanks - Regional 4% ₹7 Cr 39,131 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANKBanks - Regional 4% ₹6 Cr 50,975 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LTEngineering & Construction 3% ₹6 Cr 15,500 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFYInformation Technology Services 3% ₹4 Cr 27,465
↑ 5,000 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | PFCCredit Services 3% ₹4 Cr 87,625
↓ -18,000 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVRAuto Manufacturers 2% ₹4 Cr 57,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTLTelecom Services 2% ₹4 Cr 25,000 Voltas Ltd (Industrials)
Equity, Since 31 Jan 24 | VOLTASSpecialty Industrial Machinery 2% ₹4 Cr 24,500 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 30 Nov 23 | VBLBeverages - Non-Alcoholic 2% ₹4 Cr 22,000 Cummins India Ltd (Industrials)
Equity, Since 31 Oct 21 | CUMMINSINDSpecialty Industrial Machinery 2% ₹4 Cr 9,000
↓ -500
Talk to our investment specialistFund Managers
Name Since Tenure Asit Bhandarkar 31 Dec 21 2.5 Yr. Gurvinder Wasan 1 Dec 22 1.58 Yr. Chaitanya Choksi 18 Jul 14 9.96 Yr. Custodians
Company Address HDFC Bank Ltd HDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W), Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address JM Financial Mutual Fund Office B, 8th Floor, Cnergy,,Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051 Auditors
Company Address Haribhakti & Co. Chartered Accountants 42, Free Press House,4th Floor,,215, Nariman Point, S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year JM Tax Gain Fund
Growth ₹50.0401
↑ 0.76 27.31 % 48.77 % 24.03 % 24.59 % JM Tax Gain Fund
Normal Dividend, Payout ₹50.0394
↑ 0.76 27.31 % 48.77 % 24.03 % 24.59 % Data as on 26 Jul 24
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
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