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 10.4% 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 11 Oct 24 ₹51.348 ↓ 0.00 (-0.01 %) Net Assets (AUM) as on 31 Aug 2024 ₹181 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 7.97 Expense Ratio 2.4 % Sharpe Ratio 2.843 Information Ratio 0.81 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 11 Oct 24 Duration Returns 1 Month -0.3% 3 Month 3.5% 6 Month 22.1% 1 Year 49.1% 3 Year 20.3% 5 Year 23.8% 10 Year 15 Year Since launch 10.4% 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 Sep 19 ₹10,000 30 Sep 20 ₹9,566 30 Sep 21 ₹16,002 30 Sep 22 ₹15,471 30 Sep 23 ₹19,025 30 Sep 24 ₹29,191 Asset Allocation
Asset Class Value Cash 0.95% Equity 99.05% Sector Allocation
Sector Value Industrials 22.25% Financial Services 16.43% Consumer Cyclical 14.66% Basic Materials 14.46% Technology 11.07% Consumer Defensive 7.42% Health Care 5.99% Communication Services 3.47% Utility 1.84% Real Estate 1.47% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | 500209Information Technology Services 4% ₹7 Cr 35,465 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | 532174Banks - Regional 3% ₹6 Cr 50,975 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | 500510Engineering & Construction 3% ₹6 Cr 16,750 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | 500180Banks - Regional 3% ₹6 Cr 37,631 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 Aug 24 | TATAMOTORSAuto Manufacturers 2% ₹4 Cr 40,250
↑ 40,250 Voltas Ltd (Industrials)
Equity, Since 31 Jan 24 | 500575Specialty Industrial Machinery 2% ₹4 Cr 24,500 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | PFCCredit Services 2% ₹4 Cr 77,625 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 543320Internet Retail 2% ₹4 Cr 150,500 Suzlon Energy Ltd (Industrials)
Equity, Since 31 Mar 24 | 532667Specialty Industrial Machinery 2% ₹4 Cr 495,000
↓ -60,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | 532454Telecom Services 2% ₹4 Cr 23,200
Talk to our investment specialistFund Managers
Name Since Tenure Asit Bhandarkar 31 Dec 21 2.67 Yr. Gurvinder Wasan 1 Dec 22 1.75 Yr. Chaitanya Choksi 18 Jul 14 10.13 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 138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat FAX N.A Email N.A 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 ₹51.348
↓ 0.00 22.06 % 49.07 % 20.29 % 23.84 % JM Tax Gain Fund
Normal Dividend, Payout ₹51.3473
↓ 0.00 22.06 % 49.07 % 20.29 % 23.83 % Data as on 11 Oct 24
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2024 Shepard Technologies Private Limited. All Rights Reserved