JM ELSS Tax Saver Fund – Direct Growth

Equity · ELSS
 · ★★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
0.91 %
Expense Ratio
★★★
Rating
120
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 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 42.1% 19.4% 19.7% 17.5%
Category Average 39.6% 18.9% 17.3% -

Scheme Allocation

By Holding
By Sector
By Asset
5.57%
4.75%
4.36%
Others
78.6%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 5.57%
Infosys IT - Software Equity 4.75%
ICICI Bank Banks Equity 4.36%
Larsen & Toubro Infrastructure Developers & Operators Equity 3.89%
St Bk of India Banks Equity 2.82%
Power Fin.Corpn. Finance Equity 2.71%
Bank of Baroda Banks Equity 2.71%
NTPC Power Generation & Distribution Equity 2.7%
Newgen Software IT - Software Equity 2.6%
Tata Motors-DVR Automobile Equity 2.49%
Thermax Capital Goods-Non Electrical Equipment Equity 2.49%
Thomas Cook (I) Miscellaneous Equity 2.43%
J & K Bank Banks Equity 2.38%
UltraTech Cem. Cement Equity 2.34%
Firstsour.Solu. IT - Software Equity 2.22%
Hitachi Energy Capital Goods - Electrical Equipment Equity 2.15%
SignatureGlobal Realty Equity 2.11%
Zomato Ltd E-Commerce/App based Aggregator Equity 2.05%
Trent Retail Equity 2.04%
Sterling & Wils. Engineering Equity 2%
Cummins India Capital Goods-Non Electrical Equipment Equity 1.99%
Jyothy Labs FMCG Equity 1.96%
Samhi Hotels Hotels & Restaurants Equity 1.8%
Orchid Pharma Pharmaceuticals Equity 1.8%
Dhanuka Agritech Agro Chemicals Equity 1.77%
V I P Inds. Plastic products Equity 1.77%
Varun Beverages FMCG Equity 1.75%
Phoenix Mills Realty Equity 1.69%
SKF India Bearings Equity 1.67%
Tech Mahindra IT - Software Equity 1.65%
Poonawalla Fin Finance Equity 1.61%
Equitas Sma. Fin Banks Equity 1.6%
JSW Energy Power Generation & Distribution Equity 1.58%
Azad Engineering Engineering Equity 1.56%
Mastek IT - Software Equity 1.56%
Blue Star Consumer Durables Equity 1.52%
Kalyani Steels Steel Equity 1.49%
Global Health Healthcare Equity 1.47%
Voltas Consumer Durables Equity 1.43%
J K Cements Cement Equity 1.35%
PVR Inox Entertainment Equity 1.34%
Mrs Bectors FMCG Equity 1.32%
PCBL Ltd Chemicals Equity 1.31%
H U D C O Finance Equity 1.27%
Schneider Elect. Capital Goods - Electrical Equipment Equity 1.14%
Linde India Chemicals Equity 0.89%
Banks
19.43%
IT-Software
10.56%
Electrical Equipments
7.34%
Construction
5.9%
Finance
5.59%
Others
51.17%
View all Sectors
Sectors Asset
Banks 19.43%
IT-Software 10.56%
Electrical Equipments 7.34%
Construction 5.9%
Finance 5.59%
Industrial Products 5.15%
Consumer Durables 4.71%
Power 4.28%
Leisure Services 4.23%
Retailing 4.1%
Realty 3.8%
Cement & Cement Products 3.69%
Debt 2.95%
Automobiles 2.49%
Commercial Services & Sup 2.22%
Chemicals & Petrochemical 2.2%
Household Products 1.96%
Pharmaceuticals & Biotech 1.8%
Fertilisers & Agrochemica 1.77%
Beverages 1.75%
Healthcare Services 1.47%
Entertainment 1.34%
Food Products 1.32%
Cash & Others -0.04%
Equity
97.09%
Reverse Repos
2.95%
Net Curr Ass/Net Receivables
-0.04%

Advance Ratio

2.54
Alpha
3.84
SD
0.94
Beta
1.03
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 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 ₹43.8 as of 18 March 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 - 19.43%
  2. IT-Software - 10.56%
  3. Electrical Equipments - 7.34%
  4. Construction - 5.9%
  5. Finance - 5.59%

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 17.5% 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 0.91 % as of 18 March 2024.

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

The AUM of JM ELSS Tax Saver Fund – Direct Growth is ₹4,583 Cr as of 18 March 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 - 5.57%
  2. Infosys - 4.75%
  3. ICICI Bank - 4.36%
  4. Larsen & Toubro - 3.89%
  5. St Bk of India - 2.82%

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