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% |
34.1425
0.01 (0.0164%)
8.25%
S&P BSE 500 TRI 13.04%
PERFORMANCE of JM Tax Gain Fund (Regular) - Growth option
Scheme Performance (%)
Data as on - 22-09-2023Yearly 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)
| 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)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
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
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
| 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 (%) |
|---|