Mutual Fund Details

JM ELSS Tax Saver Fund Direct Plan-IDCW

Name: JM ELSS Tax Saver Fund Direct Plan-IDCW
Brand: JM Financial Mutual Fund

Tax Saver ELSS

NAV

₹56.5457

as on 06 Sep 2024, 10:13 PM

₹-0.5426(0.95%)

Last Change

Scheme Ratings

rated by Value Research

ELSS

Rankings based on | as on Invalid date

Schemes Managed By

Gurvinder Singh Wasan

Fund Manager

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,83,056

₹1,88,672

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹88,672

Profit (absolute return)

88.67%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

15.48%

In the last 6 months

27.59%

In the last 1 year

50.84%

In the last 3 years

88.67%

In the last 5 years

225.56%

In the last 10 years

449.68%

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

JM ELSS Tax Saver Fund Direct Plan-IDCW

as of 31 Jul 2024, 05:30 AM

₹173.45 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

1.13%

Expense Ratio

Plan

Dividend

0.36%

Cash Holding

Benchmark

BSE 500 Total Return Index

Scheme Document

View

Benchmark

BSE 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 31 Jul 2024

Sort By

Value

Sector

Capital Goods

15.06%

₹26.12 Cr

Financial

14.92%

₹25.88 Cr

Services

13.59%

₹23.57 Cr

Chemicals

9.54%

₹16.55 Cr

Consumer Staples

8.05%

₹13.96 Cr

Others

38.84%

₹67.37 Cr

View All

Sectors Holding in this Mutual Fund

as on 31 Jul 2024

Sort By

Value

Sector

Capital Goods

15.06%

₹26.12 Cr

Financial

14.92%

₹25.88 Cr

Services

13.59%

₹23.57 Cr

Chemicals

9.54%

₹16.55 Cr

Consumer Staples

8.05%

₹13.96 Cr

Others

38.84%

₹67.37 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Jul 2024

Sort By

Value

Company

HDFC Bank Ltd.

4.08%

₹7.08 Cr

ICICI Bank Ltd.

3.79%

₹6.57 Cr

Larsen & Toubro Ltd.

3.41%

₹5.91 Cr

Infosys Ltd.

2.67%

₹4.63 Cr

Power Finance Corporation Ltd.

2.63%

₹4.56 Cr

Others

83.42%

₹144.69 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Jul 2024

Sort By

Value

Company

HDFC Bank Ltd.

4.08%

₹7.08 Cr

ICICI Bank Ltd.

3.79%

₹6.57 Cr

Larsen & Toubro Ltd.

3.41%

₹5.91 Cr

Infosys Ltd.

2.67%

₹4.63 Cr

Power Finance Corporation Ltd.

2.63%

₹4.56 Cr

Others

83.42%

₹144.69 Cr

View All

Funds in this Category

This fund's returns:

23.54%

Return Duration

3 Years

SBI Long Term Equity Fund Direct Plan-Growth

Quant ELSS Tax Saver Fund Direct-Growth

Motilal Oswal ELSS Tax Saver Fund Direct-Growth

About JM ELSS Tax Saver Fund Direct Plan-IDCW

JM ELSS Tax Saver Fund Direct Plan-IDCW is a Tax Saver mutual fund scheme from JM Financial Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Asit Bhandarkar, Chaitanya Choksi and Gurvinder Singh Wasan. It has an AUM of ₹173.45 Crores and the latest NAV decalared is ₹56.546 as on 08 Sep 2024 at 5:55 am.

JM ELSS Tax Saver Fund Direct Plan-IDCW scheme return performance in last 1 year is 50.84%, in last 3 years is 88.67% and 683.07% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹173.45 Cr
Category:	Equity: ELSS
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.