JM ELSS Tax Saver Fund - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 50.37 | 24.27 | 22.49 | 16.66 |
Average Rolling Returns(%) | 20.05 | 17.37 | 14.58 | 13.57 |
The Current NAV of JM ELSS Tax Saver Fund - Growth is ₹50.04.
You can consider SIP in JM ELSS Tax Saver Fund - Growth as it has outperformed the benchmark most of the time and has a Somewhat good quality portfolio. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.
JM ELSS Tax Saver Fund - Growth fund’s expense ratio is 2.37%
The process for redemption is
The AUM of JM ELSS Tax Saver Fund - Growth is currently ₹161 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Larsen & Toubro and account for 11% of its portfolio. Top 5 and 10 stocks of fund account for 17% and 28% of fund’s portfolio respectively.
Top three sectors of JM ELSS Tax Saver Fund - Growth fund are BFSI, Construction & Infrastructure and Auto accounting for 40% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of JM ELSS Tax Saver Fund - Growth Fund is Equity - ELSS.
Chaitanya Choksi and Asit Bhandarkar manage the JM ELSS Tax Saver Fund - Growth Fund.
JM ELSS Tax Saver Fund - Growth current PE ratio is 58.03 and PB ratio is 10.78
The asset allocation of JM ELSS Tax Saver Fund - Growth is Stocks : 99.70%, Debt : 0.31% and Gold : 0%
The minimum SIP amount for JM ELSS Tax Saver Fund - Growth is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for JM ELSS Tax Saver Fund - Growth is Nil