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 9.5% 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 26 Apr 24 ₹43.1098 ↑ 0.05 (0.12 %) Net Assets (AUM) as on 31 Mar 2024 ₹128 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 6.84 Expense Ratio 2.43 % Sharpe Ratio 2.832 Information Ratio 0.19 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 26 Apr 24 Duration Returns 1 Month 8.4% 3 Month 11.4% 6 Month 32% 1 Year 51.6% 3 Year 23.6% 5 Year 20.5% 10 Year 15 Year Since launch 9.5% 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 31 Mar 19 ₹10,000 31 Mar 20 ₹7,854 31 Mar 21 ₹13,663 31 Mar 22 ₹16,571 31 Mar 23 ₹16,442 31 Mar 24 ₹23,774 
Asset Allocation
Asset Class Value Cash 2.91% Equity 97.09% 
Sector Allocation
Sector Value Financial Services 25.02% Technology 16.94% Industrials 15.69% Consumer Cyclical 12.58% Basic Materials 9.14% Consumer Defensive 5.03% Utility 4.28% Real Estate 3.8% Health Care 3.27% Communication Services 1.34% 
Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANKBanks - Regional 6% ₹7 Cr 47,881
↑ 24,000 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFYInformation Technology Services 5% ₹6 Cr 34,215
↑ 15,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANKBanks - Regional 4% ₹5 Cr 49,975 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LTEngineering & Construction 4% ₹5 Cr 13,500
↓ -800 State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBINBanks - Regional 3% ₹3 Cr 45,400 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | 532810Credit Services 3% ₹3 Cr 81,625
↓ -30,000 Bank of Baroda (Financial Services)
Equity, Since 30 Sep 22 | 532134Banks - Regional 3% ₹3 Cr 123,000 NTPC Ltd (Utilities)
Equity, Since 31 Dec 23 | 532555Utilities - Regulated Electric 3% ₹3 Cr 97,000
↑ 15,000 Newgen Software Technologies Ltd (Technology)
Equity, Since 30 Nov 23 | NEWGENSoftware - Application 3% ₹3 Cr 36,900 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVRAuto Manufacturers 2% ₹3 Cr 47,500
Talk to our investment specialistFund Managers
Name Since Tenure Asit Bhandarkar 31 Dec 21 2.25 Yr. Gurvinder Wasan 1 Dec 22 1.33 Yr. Chaitanya Choksi 18 Jul 14 9.71 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 KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com 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 ₹43.1098
↑ 0.05 31.96 % 51.58 % 23.64 % 20.53 % JM Tax Gain Fund
Normal Dividend, Payout ₹43.1092
↑ 0.05 31.96 % 51.58 % 23.64 % 20.53 % Data as on 26 Apr 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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