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Business News/Market/Market Stats/    JM Tax Gain Fund - Growth

JM Tax Gain Fund - Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 4
  • Plan
44.75 +0.59 (1.34%) NAV as on 17 May, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)141.14
  • CAGR 50.19%
  • Exit Load0.00%
  • Expense ratio2.37%
  • CategoryEquity
  • Min Investment500
  • Min SIP500
  • Launch Date2008-03-31

Morning Star Rating 4

Medium
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 21 May 2024

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha 1.57%
  • Beta 1.01
  • Sharpe Ratio1.24
  • Std Deviation 13.78%
  • Tracking Error 6.38%

About Fund

The investment objective is 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. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

 

The JM Tax Gain Fund - Growth has an AUM of 141.14 crores & has delivered CAGR of 21.96% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.37%. The minimum investment in JM Tax Gain Fund - Growth is Rs 500 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

 

The top holdings of the fund include HDFC Bank, ICICI Bank, Larsen & Toubro & Power Finance Corp.

 

The major sectors where the fund is invested are Regional Banks, Construction Services, Chemical Manufacturing & Misc. Capital Goods.

 

Some of the similar funds are Sundaram L/T Micro cap Tax Advantage Fund Sries III Regular Growth, JM Tax Gain Fund - Growth, Quantum ELSS Tax Saver Fund - Regular Plan Growth Option, NJ ELSS Tax Saver Scheme Regular Growth, Samco ELSS Tax Saver Fund Regular Growth. JM Tax Gain Fund - Growth has a sharpe ratio of 1.24 & a standard deviation of 13.78%.

FAQs about JM Tax Gain Fund - Growth

According to the morning star rating JM Tax Gain Fund - Growth has a Medium risk & Exceptional return.
JM Tax Gain Fund - Growth is managed by Asit Bhandarkar,Gurvinder Wasan,Chaitanya Choksi.
The expense ratio of JM Tax Gain Fund - Growth is 2.37%.
The 5 year annualized return on JM Tax Gain Fund - Growth is 21.96% & it has generated 50.19% in the last 1 year.
The minimum investment in JM Tax Gain Fund - Growth is 500 Rs.
JM Tax Gain Fund - Growth has an AUM of 141.14 crores.
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