JM ELSS Tax Saver Fund – Direct (IDCW)

Equity · ELSS
 · ★★★
500
Min SIP
500
Min Lumpsum
1.26 %
Expense Ratio
★★★
Rating
114
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 26 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 46.3% 21.9% 22.3% 17.8%
Category Average 40.2% 19.8% 19.2% -

Scheme Allocation

By Holding
By Sector
By Asset
4.48%
3.06%
3.05%
Others
80.76%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 4.48%
Larsen & Toubro Infrastructure Developers & Operators Equity 4.34%
Power Fin.Corpn. Finance Equity 4.32%
Trent Retail Equity 3.06%
HDFC Bank Banks Equity 3.05%
Thermax Capital Goods-Non Electrical Equipment Equity 2.91%
UltraTech Cem. Cement Equity 2.79%
Infosys IT - Software Equity 2.78%
Newgen Software IT - Software Equity 2.74%
Bank of Baroda Banks Equity 2.66%
Thomas Cook (I) Miscellaneous Equity 2.57%
Jyothy Labs FMCG Equity 2.55%
St Bk of India Banks Equity 2.54%
Hitachi Energy Capital Goods - Electrical Equipment Equity 2.5%
Tata Motors-DVR Automobile Equity 2.42%
J & K Bank Banks Equity 2.35%
Equitas Sma. Fin Banks Equity 2.34%
Firstsour.Solu. IT - Software Equity 2.32%
NTPC Power Generation & Distribution Equity 2.27%
Zomato Ltd E-Commerce/App based Aggregator Equity 2.25%
Dhanuka Agritech Agro Chemicals Equity 2.1%
Sterling & Wils. Engineering Equity 1.98%
Tech Mahindra IT - Software Equity 1.82%
Cummins India Capital Goods-Non Electrical Equipment Equity 1.75%
SKF India Bearings Equity 1.74%
Poonawalla Fin Finance Equity 1.73%
Blue Star Consumer Durables Equity 1.73%
Samhi Hotels Hotels & Restaurants Equity 1.7%
One 97 E-Commerce/App based Aggregator Equity 1.69%
Varun Beverages FMCG Equity 1.68%
Metropolis Healt Healthcare Equity 1.64%
Mastek IT - Software Equity 1.59%
ITC Tobacco Products Equity 1.59%
Jubilant Food. Quick Service Restaurant Equity 1.59%
Phoenix Mills Realty Equity 1.56%
HEG Capital Goods-Non Electrical Equipment Equity 1.53%
PVR Inox Entertainment Equity 1.49%
Orchid Pharma Pharmaceuticals Equity 1.47%
Chola Financial Finance Equity 1.47%
SignatureGlobal Realty Equity 1.45%
J K Cements Cement Equity 1.37%
Spandana Sphoort Finance Equity 1.37%
Tata Steel Steel Equity 1.36%
Azad Engineering Engineering Equity 1.31%
Global Health Healthcare Equity 1.3%
Voltas Consumer Durables Equity 1.14%
Linde India Chemicals Equity 0.98%
Banks
17.41%
IT-Software
8.93%
Finance
8.88%
Electrical Equipments
6.72%
Construction
6.32%
Others
51.75%
View all Sectors
Sectors Asset
Banks 17.41%
IT-Software 8.93%
Finance 8.88%
Electrical Equipments 6.72%
Construction 6.32%
Leisure Services 5.86%
Retailing 5.3%
Industrial Products 5.03%
Cement & Cement Products 4.16%
Realty 3.01%
Healthcare Services 2.94%
Consumer Durables 2.87%
Household Products 2.55%
Automobiles 2.42%
Commercial Services & Sup 2.32%
Power 2.27%
Fertilisers & Agrochemica 2.1%
Financial Technology (Fin 1.69%
Beverages 1.68%
Diversified FMCG 1.59%
Entertainment 1.49%
Pharmaceuticals & Biotech 1.47%
Ferrous Metals 1.36%
Chemicals & Petrochemical 0.98%
Debt 0.89%
Cash & Others -0.25%
Equity
99.36%
Reverse Repos
0.89%
Net Curr Ass/Net Receivables
-0.25%
Others
0%

Advance Ratio

2.54
Alpha
4.05
SD
0.96
Beta
1.14
Sharpe

Exit Load

Exit Load 1.00% - If redeemed / switched out within 60 days from the date of allotment. Nil - If redeemed/switched out after 60 days from the date of allotment.

Fund Objective

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.

Fund Managers

Gurvinder Singh Wasan - Fixed income - Senior Fund Manager & Credit Analyst

Working as a Senior Fund Manager & Credit Analyst at JM Financial Mutual Fund, Gurvinder Singh Wasan holds 18+ years of fixed-income market experience. He has previously served the roles of structured finance manager with a bank and a credit analyst with a mutual fund company. He has been a part of CRISIL, ICICI Bank, and Principal Asset Management Company during his career.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

JM Financial Mutual Fund
AUM:
4,583 Cr
Address:
Office B,8th Floor, Cnergy,Appasaheb Marathe Marg,prabhadevi, Mumbai - 400 025,mumbai 400051
Contact:
022-61987777
Email ID:
investor@jmfl.com

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Frequently Asked Questions

How to invest in JM ELSS Tax Saver Fund – Direct (IDCW) ?

You can invest in JM ELSS Tax Saver Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for JM ELSS Tax Saver Fund – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of JM ELSS Tax Saver Fund – Direct (IDCW) ?

The NAV of JM ELSS Tax Saver Fund – Direct (IDCW) is ₹44.8 as of 26 February 2024.

How to redeem JM ELSS Tax Saver Fund – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of JM ELSS Tax Saver Fund – Direct (IDCW)?

The minimum SIP amount of JM ELSS Tax Saver Fund – Direct (IDCW) is ₹500

What are the top sectors JM ELSS Tax Saver Fund – Direct (IDCW) has invested in?

The top sectors JM ELSS Tax Saver Fund – Direct (IDCW) has invested in are
  1. Banks - 17.41%
  2. IT-Software - 8.93%
  3. Finance - 8.88%
  4. Electrical Equipments - 6.72%
  5. Construction - 6.32%

Can I make investments in both the SIP and Lump Sum schemes of JM ELSS Tax Saver Fund – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of JM ELSS Tax Saver Fund – Direct (IDCW) based on your investment objective and risk tolerance.

How much returns have JM ELSS Tax Saver Fund – Direct (IDCW) generated ?

The JM ELSS Tax Saver Fund – Direct (IDCW) has delivered 17.8% since inception

What is the expense ratio of JM ELSS Tax Saver Fund – Direct (IDCW) ?

The expense ratio of JM ELSS Tax Saver Fund – Direct (IDCW) is 1.26 % as of 26 February 2024.

What is the AUM of JM ELSS Tax Saver Fund – Direct (IDCW)?

The AUM of JM ELSS Tax Saver Fund – Direct (IDCW) is ₹4,583 Cr as of 26 February 2024

What are the top stock holdings of JM ELSS Tax Saver Fund – Direct (IDCW)?

The top stock holdings of JM ELSS Tax Saver Fund – Direct (IDCW) are
  1. ICICI Bank - 4.48%
  2. Larsen & Toubro - 4.34%
  3. Power Fin.Corpn. - 4.32%
  4. Trent - 3.06%
  5. HDFC Bank - 3.05%

How can I redeem my investments in JM ELSS Tax Saver Fund – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select JM ELSS Tax Saver Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now