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 10.2% 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 23 Oct 24 ₹49.7452 ↑ 0.44 (0.89 %) Net Assets (AUM) as on 30 Sep 2024 ₹187 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 8.38 Expense Ratio 2.4 % Sharpe Ratio 2.884 Information Ratio 0.66 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 23 Oct 24 Duration Returns 1 Month -6% 3 Month 2.6% 6 Month 17.8% 1 Year 49.2% 3 Year 19% 5 Year 22.3% 10 Year 15 Year Since launch 10.2% 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 0.69% Equity 99.31% Sector Allocation
Sector Value Financial Services 20.11% Industrials 19.67% Consumer Cyclical 13.61% Basic Materials 13.58% Technology 11.18% Consumer Defensive 8.27% Health Care 5.99% Communication Services 3.49% Utility 1.9% Real Estate 1.51% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANKBanks - Regional 5% ₹10 Cr 58,131
↑ 20,500 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFYInformation Technology Services 5% ₹9 Cr 49,465
↑ 14,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANKBanks - Regional 3% ₹6 Cr 50,975 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LTEngineering & Construction 3% ₹6 Cr 16,750 State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBINBanks - Regional 3% ₹5 Cr 62,900
↑ 22,500 Newgen Software Technologies Ltd (Technology)
Equity, Since 30 Nov 23 | NEWGENSoftware - Infrastructure 2% ₹4 Cr 31,750 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 543320Internet Retail 2% ₹4 Cr 150,500 Hindalco Industries Ltd (Basic Materials)
Equity, Since 30 Apr 24 | HINDALCOAluminum 2% ₹4 Cr 54,000
↑ 20,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTLTelecom Services 2% ₹4 Cr 23,200 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Jun 19 | 500251Apparel Retail 2% ₹4 Cr 5,096
Talk to our investment specialistFund Managers
Name Since Tenure Satish Ramanathan 1 Oct 24 0 Yr. Asit Bhandarkar 31 Dec 21 2.75 Yr. Chaitanya Choksi 18 Jul 14 10.21 Yr. Ruchi Fozdar 4 Oct 24 0 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 ₹49.7452
↑ 0.44 17.85 % 49.17 % 18.96 % 22.29 % JM Tax Gain Fund
Normal Dividend, Payout ₹49.7444
↑ 0.44 17.85 % 49.17 % 18.96 % 22.29 % Data as on 23 Oct 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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