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 9.9% 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 20 Dec 24 ₹48.5587 ↓ -0.91 (-1.84 %) Net Assets (AUM) as on 30 Nov 2024 ₹183 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 8.41 Expense Ratio 2.4 % Sharpe Ratio 1.853 Information Ratio 0.61 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 20 Dec 24 Duration Returns 1 Month 2.3% 3 Month -7.7% 6 Month 1.5% 1 Year 31.4% 3 Year 20.8% 5 Year 21.4% 10 Year 15 Year Since launch 9.9% 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 30 Nov 19 ₹10,000 30 Nov 20 ₹11,228 30 Nov 21 ₹15,527 30 Nov 22 ₹16,296 30 Nov 23 ₹19,731 30 Nov 24 ₹27,051 Asset Allocation
Asset Class Value Cash 0.56% Equity 99.44% Sector Allocation
Sector Value Financial Services 18.62% Industrials 17.38% Consumer Cyclical 14.41% Technology 13.68% Basic Materials 12.99% Health Care 7.1% Consumer Defensive 6.85% Communication Services 3.08% Utility 1.59% Real Estate 1% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANKBanks - Regional 5% ₹10 Cr 55,131
↓ -3,000 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFYInformation Technology Services 5% ₹9 Cr 49,465 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANKBanks - Regional 4% ₹7 Cr 55,975
↑ 5,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LTEngineering & Construction 3% ₹6 Cr 16,750 State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBINBanks - Regional 3% ₹5 Cr 62,900 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTLTelecom Services 3% ₹5 Cr 30,700
↑ 7,500 Newgen Software Technologies Ltd (Technology)
Equity, Since 30 Nov 23 | NEWGENSoftware - Infrastructure 2% ₹4 Cr 31,750 Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 30 Sep 24 | 532977Auto Manufacturers 2% ₹4 Cr 4,050
↑ 1,850 SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Jul 24 | SBILIFEInsurance - Life 2% ₹4 Cr 23,000
↑ 3,500 Hindalco Industries Ltd (Basic Materials)
Equity, Since 30 Apr 24 | HINDALCOAluminum 2% ₹4 Cr 54,000
Talk to our investment specialistFund Managers
Name Since Tenure Satish Ramanathan 1 Oct 24 0.17 Yr. Asit Bhandarkar 31 Dec 21 2.92 Yr. Chaitanya Choksi 18 Jul 14 10.38 Yr. Ruchi Fozdar 4 Oct 24 0.16 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 138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat FAX N.A Email N.A 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 ₹48.5587
↓ -0.91 1.51 % 31.4 % 20.78 % 21.39 % JM Tax Gain Fund
Normal Dividend, Payout ₹48.5579
↓ -0.91 1.51 % 31.4 % 20.78 % 21.39 % Data as on 20 Dec 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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