JM Tax Gain Fund (Regular) - Growth option

Category: Equity: ELSS
Launch Date: 31-03-2008
Asset Class: Equity
Benchmark: S&P BSE 500 TRI
Expense Ratio: 2.4% As on (31-08-2023)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 90.03 Cr As on (31-08-2023)
Turn over: 132.03%
NAV as on 22-09-2023

34.1425

0.01 (0.0164%)

CAGR Since Inception

8.25%

S&P BSE 500 TRI 13.04%

PERFORMANCE of JM Tax Gain Fund (Regular) - Growth option

Scheme Performance (%)

Data as on - 22-09-2023

Yearly Performance (%)

Fund Managers

Asit Bhandarkar, Chaitanya Choksi, Gurvinder Singh Wasan

Investment Objective

The scheme aims at achieving long term growth of capital along with income tax relief for investment .At least 80% of the funds will be invested in equity instruments.

MONTHLY LUMPSUM RETURNS ( Invested amount 1,00,000)

Show All Monthly Lumpsum Returns
NAV Date NAV Units Market
Value
Returns
(%)
01-04-2021 23.4463 4265.0653 100000 0.0 %
03-05-2021 23.1268 4265.0653 98637 -1.36 %
01-06-2021 24.5074 4265.0653 104526 4.53 %
01-07-2021 24.9792 4265.0653 106538 6.54 %
02-08-2021 26.2263 4265.0653 111857 11.86 %
01-09-2021 27.6427 4265.0653 117898 17.9 %
01-10-2021 28.6039 4265.0653 121998 22.0 %
01-11-2021 29.684 4265.0653 126604 26.6 %
01-12-2021 28.3673 4265.0653 120988 20.99 %
03-01-2022 29.1992 4265.0653 124536 24.54 %
01-02-2022 28.8181 4265.0653 122911 22.91 %
02-03-2022 26.9881 4265.0653 115106 15.11 %
01-04-2022 28.3976 4265.0653 121118 21.12 %
02-05-2022 26.9039 4265.0653 114747 14.75 %
01-06-2022 26.3878 4265.0653 112546 12.55 %
01-07-2022 24.9426 4265.0653 106382 6.38 %
01-08-2022 27.7582 4265.0653 118391 18.39 %
01-09-2022 28.3385 4265.0653 120866 20.87 %
03-10-2022 27.3614 4265.0653 116698 16.7 %
01-11-2022 29.0215 4265.0653 123779 23.78 %
01-12-2022 29.8792 4265.0653 127437 27.44 %
02-01-2023 29.0829 4265.0653 124040 24.04 %
01-02-2023 27.9699 4265.0653 119293 19.29 %
01-03-2023 28.3943 4265.0653 121104 21.1 %
03-04-2023 28.0473 4265.0653 119624 19.62 %
02-05-2023 29.0168 4265.0653 123759 23.76 %
01-06-2023 30.6579 4265.0653 130758 30.76 %
03-07-2023 32.5724 4265.0653 138923 38.92 %
01-08-2023 33.2952 4265.0653 142006 42.01 %
01-09-2023 34.0964 4265.0653 145423 45.42 %
22-09-2023 34.1425 4265.0653 145620 45.62 %

RETURNS CALCULATOR for JM Tax Gain Fund (Regular) - Growth option

Growth of 10000 In SIP (Fund vs Benchmark)

Amount :
Period :
Start :
End :

Growth of 10000 In LUMPSUM (Fund vs Benchmark)

Amount :
Start :

Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

riskometer

Key Performance and Risk Statistics of JM Tax Gain Fund (Regular) - Growth option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
JM Tax Gain Fund (Regular) - Growth option 15.37 1.28 1.66 1.01 - -
Equity: ELSS - - - - - -

PEER COMPARISION of JM Tax Gain Fund (Regular) - Growth option

Amount :
Start :
End :
Period
Data as on - 22-09-2023
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 18.83 9.52 26.66 16.22 17.92
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 26.21 15.48 27.91 15.96 16.25
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 05-01-2015 21.48 9.62 26.86 13.53 0.0
Taurus Taxshield - Regular Plan - Growth 31-03-1996 20.18 10.22 20.8 11.86 14.71
HDFC Taxsaver - Growth Plan 05-03-1996 19.93 14.73 28.11 13.05 15.5
Franklin India Taxshield-Growth 05-04-1999 18.81 11.89 28.8 13.52 16.12
BANDHAN Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 18.67 12.77 30.96 16.21 18.53
Parag Parikh Tax Saver Fund- Regular Growth 05-07-2019 17.03 11.83 24.31 0.0 0.0
BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 16.9 8.07 25.92 18.18 17.58
Mahindra Manulife ELSS Fund- Regular Plan - Growth 05-10-2016 16.63 8.92 26.33 14.01 0.0

PORTFOLIO ANALYSIS of JM Tax Gain Fund (Regular) - Growth option

Asset Allocation (%)

Allocation Percentage (%)