JM ELSS Tax Saver Fund – Direct Growth

Equity · ELSS
 · ★★★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
1.13 %
Expense Ratio
★★★★
Rating
161
Fund Size (in Cr)
12 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 15 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 53.5% 26.4% 25.2% 19.4%
Category Average 34.7% 18.1% 18% -

Scheme Allocation

By Holding
By Sector
By Asset
4.08%
3.79%
2.67%
Others
83.42%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 4.08%
ICICI Bank Banks Equity 3.79%
Larsen & Toubro Infrastructure Developers & Operators Equity 3.41%
Infosys IT - Software Equity 2.67%
Power Fin.Corpn. Finance Equity 2.63%
Tata Motors-DVR Automobile Equity 2.37%
Bharti Airtel Telecomm-Service Equity 2.24%
Voltas Consumer Durables Equity 2.23%
Varun Beverages FMCG Equity 2.22%
Cummins India Capital Goods-Non Electrical Equipment Equity 2.21%
Trent Retail Equity 2.15%
St Bk of India Banks Equity 2.12%
Honeywell Auto Electronics Equity 2.11%
Titagarh Rail Capital Goods-Non Electrical Equipment Equity 2.07%
UltraTech Cem. Cement Equity 2.06%
Dhanuka Agritech Agro Chemicals Equity 2.02%
SKF India Bearings Equity 2.01%
H U D C O Finance Equity 2%
NTPC Power Generation & Distribution Equity 1.99%
Thomas Cook (I) Miscellaneous Equity 1.99%
SignatureGlobal Realty Equity 1.95%
Newgen Software IT - Software Equity 1.91%
Samhi Hotels Hotels & Restaurants Equity 1.87%
Mrs Bectors FMCG Equity 1.83%
Blue Star Consumer Durables Equity 1.81%
Bank of Baroda Banks Equity 1.8%
Jyothy Labs FMCG Equity 1.79%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.75%
R K Swamy Miscellaneous Equity 1.73%
Linde India Chemicals Equity 1.72%
Jubilant Food. Quick Service Restaurant Equity 1.71%
Suzlon Energy Capital Goods - Electrical Equipment Equity 1.65%
Sterling & Wils. Engineering Equity 1.62%
Deepak Fertiliz. Chemicals Equity 1.57%
Navin Fluo.Intl. Chemicals Equity 1.55%
Grasim Inds Textiles Equity 1.49%
Hitachi Energy Capital Goods - Electrical Equipment Equity 1.48%
Hindalco Inds. Non Ferrous Metals Equity 1.46%
Firstsour.Solu. IT - Software Equity 1.45%
TVS Holdings Finance Equity 1.44%
SRF Chemicals Equity 1.43%
Phoenix Mills Realty Equity 1.42%
Vodafone Idea Telecomm-Service Equity 1.42%
Schneider Elect. Capital Goods - Electrical Equipment Equity 1.37%
PCBL Ltd Chemicals Equity 1.31%
Azad Engineering Engineering Equity 1.26%
Orchid Pharma Pharmaceuticals Equity 1.24%
JSW Infrast Marine Port & Services Equity 1.22%
Tejas Networks Telecomm Equipment & Infra Services Equity 1.19%
Kalyani Steels Steel Equity 1.18%
Global Health Healthcare Equity 1.18%
Bharat Electron Aerospace & Defence Equity 1.04%
Patel Engineerin Infrastructure Developers & Operators Equity 0.97%
Crompton Gr. Con Consumer Durables Equity 0.95%
Gulf Oil Lubric. Chemicals Equity 0.57%
Banks
12.5%
Finance
8.32%
Electrical Equipments
8.23%
Consumer Durables
6.91%
Construction
6.8%
Others
57.22%
View all Sectors
Sectors Asset
Banks 12.5%
Finance 8.32%
Electrical Equipments 8.23%
Consumer Durables 6.91%
Construction 6.8%
Chemicals & Petrochemical 5.85%
Industrial Products 5.5%
Leisure Services 4.59%
IT-Software 4.04%
Telecom-Services 3.68%
Retailing 3.36%
Realty 3.33%
Cement & Cement Products 2.88%
Automobiles 2.43%
Beverages 2.15%
Power 2.09%
Media 1.97%
Food Products 1.84%
Industrial Manufacturing 1.79%
Household Products 1.74%
Fertilisers & Agrochemica 1.67%
Non-Ferrous Metals 1.6%
Commercial Services & Sup 1.4%
Pharmaceuticals & Biotech 1.2%
Healthcare Services 1.18%
Transport Infrastructure 1.16%
Telecom Equipment & Acces 1.03%
Debt 0.72%
Cash & Others 0.02%
Equity
99.7%
Reverse Repos
0.89%
Net Curr Ass/Net Receivables
-0.59%

Advance Ratio

4.62
Alpha
3.91
SD
0.96
Beta
1.1
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:
7,799 Cr
Address:
Office B,8th Floor, Cnergy,Appasaheb Marathe Marg,prabhadevi, Mumbai - 400 025,mumbai 400051
Contact:
022-61987777
Email ID:
investor@jmfl.com

More Funds from JM Financial Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in JM ELSS Tax Saver Fund – Direct Growth ?

You can invest in JM ELSS Tax Saver Fund – Direct Growth 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 Growth 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 Growth ?

The NAV of JM ELSS Tax Saver Fund – Direct Growth is ₹56 as of 15 July 2024.

How to redeem JM ELSS Tax Saver Fund – Direct Growth 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 Growth?

The minimum SIP amount of JM ELSS Tax Saver Fund – Direct Growth is ₹500

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

The top sectors JM ELSS Tax Saver Fund – Direct Growth has invested in are
  1. Banks - 12.5%
  2. Finance - 8.32%
  3. Electrical Equipments - 8.23%
  4. Consumer Durables - 6.91%
  5. Construction - 6.8%

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

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

How much returns have JM ELSS Tax Saver Fund – Direct Growth generated ?

The JM ELSS Tax Saver Fund – Direct Growth has delivered 19.4% since inception

What is the expense ratio of JM ELSS Tax Saver Fund – Direct Growth ?

The expense ratio of JM ELSS Tax Saver Fund – Direct Growth is 1.13 % as of 15 July 2024.

What is the AUM of JM ELSS Tax Saver Fund – Direct Growth?

The AUM of JM ELSS Tax Saver Fund – Direct Growth is ₹7,799 Cr as of 15 July 2024

What are the top stock holdings of JM ELSS Tax Saver Fund – Direct Growth?

The top stock holdings of JM ELSS Tax Saver Fund – Direct Growth are
  1. HDFC Bank - 4.08%
  2. ICICI Bank - 3.79%
  3. Larsen & Toubro - 3.41%
  4. Infosys - 2.67%
  5. Power Fin.Corpn. - 2.63%

How can I redeem my investments in JM ELSS Tax Saver Fund – Direct Growth?

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 Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now
Start Investing Now!

Open Free Demat Account in 5 mins

Please enter mobile number