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

₹47.2450

as on 25 Apr 2024, 10:15 PM

₹0.5859(1.26%)

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

₹1,88,363

₹1,93,795

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹93,795

Profit (absolute return)

93.80%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

10.43%

In the last 6 months

28.30%

In the last 1 year

51.35%

In the last 3 years

93.80%

In the last 5 years

162.35%

In the last 10 years

482.81%

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 Mar 2024, 05:30 AM

₹127.83 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

1.26%

Expense Ratio

Plan

Dividend

0.13%

Cash Holding

Benchmark

S&P BSE 500 Total Return Index

Scheme Document

View

Benchmark

S&P BSE 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Sector

Financial

22.56%

₹28.84 Cr

Capital Goods

15.61%

₹19.95 Cr

Services

12.92%

₹16.52 Cr

Construction

7.82%

₹9.99 Cr

Technology

7.40%

₹9.46 Cr

Others

33.68%

₹43.05 Cr

View All

Sectors Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Sector

Financial

22.56%

₹28.84 Cr

Capital Goods

15.61%

₹19.95 Cr

Services

12.92%

₹16.52 Cr

Construction

7.82%

₹9.99 Cr

Technology

7.40%

₹9.46 Cr

Others

33.68%

₹43.05 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Company

HDFC Bank Ltd.

5.23%

₹6.69 Cr

ICICI Bank Ltd.

5.21%

₹6.66 Cr

Larsen & Toubro Ltd.

4.56%

₹5.83 Cr

Infosys Ltd.

4.01%

₹5.13 Cr

Tata Motors Ltd. - DVR Ordinary

2.96%

₹3.78 Cr

Others

78.03%

₹99.75 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Company

HDFC Bank Ltd.

5.23%

₹6.69 Cr

ICICI Bank Ltd.

5.21%

₹6.66 Cr

Larsen & Toubro Ltd.

4.56%

₹5.83 Cr

Infosys Ltd.

4.01%

₹5.13 Cr

Tata Motors Ltd. - DVR Ordinary

2.96%

₹3.78 Cr

Others

78.03%

₹99.75 Cr

View All

Funds in this Category

This fund's returns:

24.63%

Return Duration

3 Years

Quant ELSS Tax Saver Fund Direct-Growth

SBI Long Term Equity Fund Direct Plan-Growth

HDFC ELSS Tax Saver Direct Plan-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 ₹127.83 Crores and the latest NAV decalared is ₹47.245 as on 26 Apr 2024 at 2:33 am.

JM ELSS Tax Saver Fund Direct Plan-IDCW scheme return performance in last 1 year is 51.35%, in last 3 years is 93.80% and 546.16% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹127.83 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.