JM Tax Gain Fund Direct Growth
Get the latest NAV of JM Tax Gain Fund Direct Growth. 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.
₹52.56
▲3.9%1D
NAV as on 12 May 2025
17.52%/per year
Since Inception
▲▼
300 people have invested ₹ 11.2L in JM Tax Gain Fund Direct Growth in the last three months
JM Tax Gain Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)
The fund has outperformed the benchmark (Nifty 500) over 3Y, 5Y, but underperformed over 1Y.
INDmoney Rank
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IND ranking is not available for this fund.
JM Tax Gain Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
JM Tax Gain Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 97.1%
Debt & Cash 2.9%
JM Tax Gain Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 97.1%
Debt & Cash 2.9%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Basic Materials
Financial Services
27%
Consumer Cyclical
17%
Basic Materials
13%
Financial Services
27%
Consumer Cyclical
18%
Basic Materials
13%
JM Tax Gain Fund Holdings Details
as on (30-Apr-25)
Equity
JM Tax Gain Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.03% |
Benchmark | BSE 500 India TR INR |
| AUM | ₹189 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
JM Tax Gain Fund Direct Growth 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 Growth has ₹189 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
JM Tax Gain Fund Direct Growth has given a CAGR return of 17.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.92%, 23.88% and 28.78% respectively.
Holdings
JM Tax Gain Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Industrial, Tech, Health, Consumer Defensive, Communication, Utilities, Energy, Real Estate. Its top holdings are ICICI Bank Ltd, Larsen & Toubro Ltd, HDFC Bank Ltd, Infosys Ltd, 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 Growth
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 Growth of 3 Years
Fund Manager
Asit Bhandarkar
Fund Manager of JM Tax Gain Fund Direct Growth, since 31 December 2021
- AUM of the fund stands at 183.6 Cr as of Mar'25
- AUM increased by 16.2 Cr between Mar'25 and Feb'25
More funds from JM Financial
5Y CAGR
▲ 31.37
5Y CAGR
▲ 30.14
5Y CAGR
▲ 24.38
5Y CAGR
▲ 20.79
1Y CAGR
▲ 8.04
Compare JM Tax Gain Fund
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Frequently Asked Questions for JM Tax Gain Fund Direct Growth
What is the current NAV of JM Tax Gain Fund Direct Growth?
What are the average returns of JM Tax Gain Fund Direct Growth?
JM Tax Gain Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.53% | 6.53% |
6 Month Returns | -4.28% | -4.28% |
1 Year Returns | 9.92% | 9.92% |
3 Years Returns | 90.09% | 23.88% |
How do I invest in JM Tax Gain Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of JM Tax Gain Fund Direct Growth?
What is net assets under management (AUM) of JM Tax Gain Fund Direct Growth?
What are the top 5 holdings of JM Tax Gain Fund Direct Growth?
What are the top 3 sectors that this JM Tax Gain Fund Direct Growth has invested in?
What is the alpha of JM Tax Gain Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
JM Tax Gain Fund Direct Growth | -0.94 | 4.31 | 2.12 |
What is the beta of JM Tax Gain Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
JM Tax Gain Fund Direct Growth | 1.06 | 0.99 | 1.02 |
What is the sharpe ratio of JM Tax Gain Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
JM Tax Gain Fund Direct Growth | -0.04 | 0.83 | 1.23 |
What is the standard deviation of JM Tax Gain Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
JM Tax Gain Fund Direct Growth | 18.18 | 15.78 | 15.91 |