Pros | ![]() 3Y returns in the top 25% of the category. ![]() Beats FD returns for both 3Y & 5Y duration. | ![]() Larger AUM within category. ![]() Beats FD returns for both 3Y & 5Y. | ||
Cons | - | ![]() Has not generated consistent returns. ![]() Does not beat the benchmark consistently. ![]() Highly volatile within category. |
INDMoney rank | - | 22/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 12 Years | 12 Years | ||
Fund Size | 199 Cr | 35358 Cr | ||
Min Investment | SIP ₹500 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 1.11% | 0.8% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | BSE 500 India TR INR | Nifty 500 TR INR |
No of Holdings | 53 | 89 | ||
Top 5 Holdings | ICICI Bank Ltd (5.68%) Larsen & Toubro Ltd (5.36%) HDFC Bank Ltd (4.81%) State Bank of India (2.98%) Maruti Suzuki India Ltd (2.92%) | HDFC Bank Ltd (8.35%) ICICI Bank Ltd (5.93%) Bajaj Finance Ltd (4.23%) Bharti Airtel Ltd (4.13%) Tata Consultancy Services Ltd (3.04%) | ||
No of Sectors | 11 | 11 | ||
Top 3 Sectors | Financial Services (30.64%) Consumer Cyclical (13.52%) Tech (12.26%) | Financial Services (31.71%) Consumer Cyclical (14.56%) Industrial (11.04%) | ||
Equity % | 97.32% | 95.91% | ||
Debt % | - | - | ||
P/E | 24.89 | 30.03 | ||
P/B | 3.59 | 5.02 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 5.08% | 3.47% | ||
3-Month Return | 9.57% | 8.57% | ||
6-Month Return | 0.56% | 5.41% | ||
1-Year Return | 2.62% | 7.51% | ||
3-Year Return | 26.57% | 19.11% | ||
5-Year Return | 26.57% | 18.61% |
Sharpe | 0.96 | 0.6 | ||
Alpha | 3.71 | -2 | ||
Beta | 1 | 0.98 | ||
Standard Deviation | 15.66 | 15.52 | ||
Information Ratio | 0.75 | -0.44 |
Description | JM Tax Gain Fund (Direct) - Growth is an equity fund.The fund could potentially beat inflation in the long-run. | Axis ELSS Tax Saver Fund Direct Plan Growth Option is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Asit Bhandarkar | Shreyash Devalkar,Ashish Naik |