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Fincash » Mutual Funds » Jm Tax Gain Fund

Jm Tax Gain Fund - G

NAV  ₹18.9525 ↓ 0.16   (0.86 %) as on 24 Jan 20

Scheme 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.

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 CAGR return of 5.6% since its launch.  Ranked 18 in ELSS category.  Return for 2019 was 14.9% , 2018 was -4.6% and 2017 was 42.6% .

Below is the key information for JM Tax Gain Fund

NAV as on 24 Jan 20₹18.9525 ↓ 0.16   (0.86 %)
Net Assets (AUM) as on 31 Dec 2019 ₹36 Cr.
Launch Date31 Mar 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCJM Financial Asset Management Limited
Alpha Ratio5.38
Expense Ratio2.94 %
Sharpe Ratio0.816
Information Ratio0.39
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 3.1%
3 Month 3.8%
6 Month 15.5%
1 Year 19.8%
3 Year 14.9%
5 Year 9.8%
10 Year
15 Year
Since launch 5.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 14.9%
2017 -4.6%
2016 42.6%
2015 5.2%
2014 -0.6%
2013 54.9%
2012 2.8%
2011 34.6%
2010 -31%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹9,937
31 Dec 16₹10,454
31 Dec 17₹14,906
31 Dec 18₹14,225
31 Dec 19₹16,350
Jm Tax Gain Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.83%
Equity96.17%
Jm Tax Gain Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services35.6%
Consumer Cyclical18.43%
Basic Materials15.85%
Industrials15.4%
Technology5.7%
Energy3.36%
Real Estate1.83%
Jm Tax Gain Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK
10%₹3 Cr26,528
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
5%₹2 Cr4,611
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Aug 15 | 500820
4%₹1 Cr8,500
Triparty Repo
CBLO/Reverse Repo | -
4%₹1 Cr00
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | KOTAKBANK
4%₹1 Cr8,615
Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 18 | TITAN
4%₹1 Cr11,725
Pidilite Industries Ltd (Basic Materials)
Equity, Since 31 Aug 16 | PIDILITIND
4%₹1 Cr10,226
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 12 | HDFC
4%₹1 Cr5,750
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
4%₹1 Cr17,635
Voltas Ltd (Industrials)
Equity, Since 28 Feb 14 | VOLTAS
4%₹1 Cr18,255
1 - 10 of 34
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Fund Managers

NameSinceTenure
Sanjay Chhabaria1 Oct 109.17 Yr.
Chaitanya Choksi25 Jul 145.35 Yr.

Custodians

CompanyAddress
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
JM Financial Mutual FundOffice B, 8th Floor, Cnergy,,Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
JM Tax Gain Fund
Growth
₹18.9525
↑ 0.16
15.48 %19.79 %14.88 %9.84 %
JM Tax Gain Fund
Normal Dividend, Payout
₹18.9524
↑ 0.16
15.48 %19.79 %14.88 %9.84 %
Data as on 24 Jan 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.