JM ELSS Tax Saver Fund - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 44.56 | 20.28 | 18.91 | 14.78 |
Average Rolling Returns(%) | 19.08 | 17.18 | 14.40 | 13.46 |
The Current NAV of JM ELSS Tax Saver Fund - Growth is ₹43.11.
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 ₹128 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Larsen & Toubro and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 35% of fund’s portfolio respectively.
Top three sectors of JM ELSS Tax Saver Fund - Growth fund are BFSI, Construction & Infrastructure and IT accounting for 49% 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 50.13 and PB ratio is 8.90
The asset allocation of JM ELSS Tax Saver Fund - Growth is Stocks : 97.06%, Debt : 2.93% 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