JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal
Get the latest NAV of JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹54.49
NAV as on 30 Jun 2025
17.66%/per year
Since Inception
▲▼
3 people have invested ₹ 3K in JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal in the last three months
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (30-Jun-25)
The fund has outperformed the benchmark (Nifty 500) over 3Y, 5Y, but underperformed over 1Y.
Peer comparison
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Equity 97.3%
Debt & Cash 2.7%
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Equity 97.3%
Debt & Cash 2.7%
Top 3 Sectors in May were Financial Services, Consumer Cyclical & Basic Materials
Financial Services
31%
Consumer Cyclical
14%
Tech
12%
Financial Services
30%
Consumer Cyclical
14%
Basic Materials
14%
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal Holdings Details
as on (31-May-25)
Equity
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.11% |
Benchmark | BSE 500 India TR INR |
| AUM | ₹199 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 126.64% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Asit Bhandarkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal has ₹199 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
- The fund has an expense ratio 1.1.
Returns
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal has given a CAGR return of 17.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.47%, 26.75% and 26.82% respectively.
Holdings
JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Basic Materials, Industrial, Health, Consumer Defensive, Communication, Utilities, Energy, Real Estate. Its top holdings are ICICI Bank Ltd, Larsen & Toubro Ltd, HDFC Bank Ltd, State Bank of India, Maruti Suzuki India Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal of 3 Years
Fund Manager
Asit Bhandarkar
Fund Manager of JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal, since 31 December 2021
- AUM of the fund stands at 198.6 Cr as of May'25
- AUM increased by 9.5 Cr between May'25 and Apr'25
More funds from JM Financial
5Y CAGR
▲ 29.93
5Y CAGR
▲ 28.60
5Y CAGR
▲ 26.82
5Y CAGR
▲ 22.84
5Y CAGR
▲ 20.23
Frequently Asked Questions for JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal
How do I invest in JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal?
- Download the INDmoney app.
- Search for ‘JM Tax Gain Fund (Direct) Payout of Income Distribution cum capital withdrawal’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.