JM Tax Gain Fund (Regular) - Growth option

Fund House: JM Financial Mutual Fund
Category: Equity: ELSS
Launch Date: 31-03-2008
Asset Class: Equity
Benchmark: S&P BSE 500 TRI
Expense Ratio: 2.54% As on (30-04-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 65.07 Cr As on (30-04-2022)
Turn over: 60.98% | Exit Load: Nil

25.2618

6.76%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE 500 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
12 Years 7 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims at achieving long term growth of capital along with income tax relief for investment .At least 80% of the funds will be invested in equity instruments.

Current Asset Allocation (%)

Indicators

Volatility 15.1
Sharp Ratio 0.9
Alpha -2.75
Beta 1.29
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 5.01 36.61 13.47 11.47 16.09
HDFC Taxsaver - Growth Plan 05-03-1996 14.47 36.6 9.65 7.68 13.06
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 13.31 39.17 - - -
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 12.5 59.81 29.92 20.72 19.77
Union Long Term Equity Fund - Growth Option 23-12-2011 8.89 35.25 15.23 11.55 13.44
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 7.78 37.92 14.15 11.46 -
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 7.56 36.23 12.05 10.03 16.18
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 7.46 39.39 7.48 4.5 13.2
Sundaram Diversified Equity (ELSS) Regular Plan - Growth 10-05-2005 7.08 34.83 9.01 7.49 13.19
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 05-10-2016 6.93 35.92 12.83 8.43 -

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

2.37%

Others

3.23%

Large Cap

66.49%

Mid Cap

27.89%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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