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Fincash » Mutual Funds » Jm Tax Gain Fund

Jm Tax Gain Fund - G

NAV  ₹46.6669 ↓ -0.03  (-0.07 %) as on 19 May 25

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 9.4% since its launch.  Ranked 18 in ELSS category.  Return for 2024 was 29% , 2023 was 30.9% and 2022 was 0.5% .

Below is the key information for JM Tax Gain Fund

NAV as on 19 May 25₹46.6669 ↓ -0.03  (-0.07 %)
Net Assets (AUM) as on 30 Apr 2025 ₹189 Cr.
Launch Date31 Mar 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCJM Financial Asset Management Limited
Alpha Ratio-2.15
Expense Ratio2.4 %
Sharpe Ratio-0.111
Information Ratio0.6
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 19 May 25

DurationReturns
1 Month 3.5%
3 Month 7.1%
6 Month -1.7%
1 Year 4.3%
3 Year 23.1%
5 Year 28.7%
10 Year
15 Year
Since launch 9.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2024 29%
2023 30.9%
2022 0.5%
2021 32.2%
2020 18.3%
2019 14.9%
2018 -4.6%
2017 42.6%
2016 5.2%

Growth of 10k Over Years

DateValue
30 Apr 20₹10,000
30 Apr 21₹15,781
30 Apr 22₹18,506
30 Apr 23₹19,683
30 Apr 24₹29,917
30 Apr 25₹30,876

Asset Allocation

Asset ClassValue
Cash2.89%
Equity97.11%

Sector Allocation

SectorValue
Financial Services29%
Consumer Cyclical13.65%
Basic Materials13.62%
Industrials11.55%
Technology9.09%
Health Care8.2%
Consumer Defensive5.61%
Communication Services3.03%
Utility1.22%
Energy1.12%
Real Estate1.02%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK
Banks - Regional6%₹11 Cr77,975
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT
Engineering & Construction5%₹10 Cr28,947
↑ 14,500
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK
Banks - Regional5%₹9 Cr49,131
Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFY
Information Technology Services4%₹7 Cr45,965
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 24 | MARUTI
Auto Manufacturers3%₹6 Cr4,706
State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN
Banks - Regional3%₹6 Cr72,900
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL
Telecom Services3%₹6 Cr30,700
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 30 Sep 24 | 532977
Auto Manufacturers3%₹5 Cr6,300
↓ -1,000
CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 24 | CREDITACC
Credit Services3%₹5 Cr43,600
OneSource Specialty Pharma Ltd (Healthcare)
Equity, Since 31 Jan 25 | ONESOURCE
Biotechnology2%₹5 Cr28,195
1 - 10 of 65
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Fund Managers

NameSinceTenure
Satish Ramanathan1 Oct 240.58 Yr.
Asit Bhandarkar31 Dec 213.33 Yr.
Ruchi Fozdar4 Oct 240.57 Yr.
Deepak Gupta11 Apr 250.05 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

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
₹46.6669
↓ -0.03
-1.72 %4.27 %23.11 %28.74 %
JM Tax Gain Fund
Normal Dividend, Payout
₹46.6662
↓ -0.03
-1.72 %4.27 %23.11 %28.74 %
Data as on 19 May 25

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