JM Tax Gain Fund - Growth
- ELSS (Tax Savings)
- Equity
- Very High Risk
Rating:
4
Key Metrics
Aum
₹222.93 Cr
Expense Ratio
2.10%
Exit Load
0.00%
Min. Investment
₹500.00
Min. SIP
₹500.00
Launch Date
31 Mar 2008
CAGR Returns
| Period | Absolute(%) | Annualised(%) |
|---|---|---|
| 1 Month | +3.64% | -- |
| 3 Months | +9.49% | -- |
| 6 Months | +3.89% | -- |
| 1 Year | +3.21% | +3.21% |
| 2 Years | -- | +0.93% |
| 3 Years | +53.79% | +15.43% |
| 5 Years | +95.97% | +14.4% |
| Since Launch | +406.5% | +9.28% |
Holdings as on 16 Jul 2026
| Name | Value (₹Cr) | Holding % |
|---|---|---|
| Syrma SGS Technology | 8.31 | 3.57 |
| HDFC Bank | 7.85 | 3.37 |
| Reliance Industries | 6.91 | 2.97 |
| ICICI Bank | 6.67 | 2.87 |
| Bharti Airtel | 6.11 | 2.63 |
| Karur Vysya Bank | 5.90 | 2.54 |
| Polycab India | 5.88 | 2.53 |
| WeWork India Management | 5.77 | 2.48 |
| Larsen & Toubro Ltd | 5.67 | 2.44 |
| Max Healthcare Institute | 5.64 | 2.42 |
Morning Star Rating
Rating:
4
Risk
Return
Risk & Volitility
0.56
Sharpe Ratio
16.79%
Std. Deviation
6.38%
Tracking Error
1.57%
Alpha
1.01
Beta
Peer Comparison
| Fund Name | 1Y | 3Y | 5Y |
|---|---|---|---|
| SBI Long Term Advantage Fund Series VI Regular Plan Growth | -6.8% | +19.25% | +22.62% |
| SBI Long Term Advantage Fund Series IV Regular Plan Growth | -9.1% | +13.82% | +24.96% |
| JM Tax Gain Fund - Growth | +3.21% | +15.43% | +14.4% |
| Quantum ELSS Tax Saver Fund - Regular Plan Growth Option | -4.78% | +11.04% | +10.46% |
| NJ ELSS Tax Saver Scheme Regular Growth | -7.22% | +10.49% | -- |
Results are calculated on CAGR basis
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 222.93 crores & has delivered CAGR of 14.40 in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.10%. 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 fund has a present cash holding of %. The top holdings of the fund include Syrma SGS Technology, HDFC Bank, Reliance Industries, ICICI Bank.
The major sectors where the fund is invested are Consumer Financial Services, Regional Banks, Electronic Instr. & Controls, Software & Programming.
Some of the similar funds are SBI Long Term Advantage Fund Series VI Regular Plan Growth, SBI Long Term Advantage Fund Series IV Regular Plan Growth, JM Tax Gain Fund - Growth, Quantum ELSS Tax Saver Fund - Regular Plan Growth Option, NJ ELSS Tax Saver Scheme Regular Growth. JM Tax Gain Fund - Growth has a sharpe ratio of 0.56 & a standard deviation of 16.79%.
FAQs
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 Satish Ramanathan,Asit Bhandarkar,Ruchi Fozdar,Deepak Gupta.
The expense ratio of JM Tax Gain Fund - Growth is 2.10%.
The 5 year annualized return on JM Tax Gain Fund - Growth is 14.40% & it has generated 3.21% 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 222.93 crores.
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