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 | 4.31% | 2.87% | ||
3-Month Return | 13.42% | 10.87% | ||
6-Month Return | -0.77% | 3.3% | ||
1-Year Return | 0.21% | 6.36% | ||
3-Year Return | 26.26% | 18.85% | ||
5-Year Return | 26.24% | 18.28% |
Sharpe | 1.23 | 0.86 | ||
Alpha | 4.39 | -1.11 | ||
Beta | 0.99 | 0.96 | ||
Standard Deviation | 15.04 | 14.77 | ||
Information Ratio | 0.9 | -0.35 |
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 |