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Fincash » Mutual Funds » Jm Tax Gain Fund

Jm Tax Gain Fund - G

NAV  ₹14.7299 ↑ 0.42  (2.95 %) as on 1 Jun 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 3.2% 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 1 Jun 20₹14.7299 ↑ 0.42  (2.95 %)
Net Assets (AUM) as on 30 Apr 2020 ₹32 Cr.
Launch Date31 Mar 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCJM Financial Asset Management Limited
Alpha Ratio2.55
Expense Ratio2.94 %
Sharpe Ratio-0.378
Information Ratio-0.1
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 1 Jun 20

DurationReturns
1 Month 0.7%
3 Month -18.4%
6 Month -18.9%
1 Year -16.1%
3 Year -0.6%
5 Year 4.5%
10 Year
15 Year
Since launch 3.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 14.9%
2018 -4.6%
2017 42.6%
2016 5.2%
2015 -0.6%
2014 54.9%
2013 2.8%
2012 34.6%
2011 -31%

Growth of 10k Over Years

DateValue
31 May 15₹10,000
31 May 16₹9,586
31 May 17₹12,673
31 May 18₹14,160
31 May 19₹14,872
31 May 20₹12,121
Jm Tax Gain Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.52%
Equity97.62%
Jm Tax Gain Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services37.42%
Basic Materials19.96%
Consumer Cyclical13.92%
Industrials11.51%
Technology7.33%
Energy3.27%
Communication Services2.74%
Real Estate1.48%
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
Banks - Regional9%₹3 Cr28,828
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Jun 19 | 540716
Insurance - Diversified4%₹1 Cr10,450
Pidilite Industries Ltd (Basic Materials)
Equity, Since 31 Aug 16 | PIDILITIND
Specialty Chemicals4%₹1 Cr8,656
HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 29 Feb 20 | 540777
Insurance - Life4%₹1 Cr26,000
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Aug 15 | 500820
Specialty Chemicals4%₹1 Cr7,260
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
Credit Services4%₹1 Cr5,476
↑ 865
Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 18 | TITAN
Luxury Goods4%₹1 Cr12,130
↓ -3,220
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | KOTAKBANK
Banks - Regional4%₹1 Cr8,615
Shree Cement Ltd (Basic Materials)
Equity, Since 31 Oct 16 | 500387
Building Materials4%₹1 Cr590
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 12 | HDFC
Mortgage Finance3%₹1 Cr5,750
1 - 10 of 35
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Fund Managers

NameSinceTenure
Sanjay Chhabaria1 Oct 109.5 Yr.
Chaitanya Choksi25 Jul 145.69 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
₹14.7299
↑ 0.42
-18.93 %-16.1 %-0.59 %4.47 %
JM Tax Gain Fund
Normal Dividend, Payout
₹14.7297
↑ 0.42
-18.93 %-16.1 %-0.6 %4.47 %
Data as on 1 Jun 20

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