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JM ELSS-Tax Saver Fund(G)

FAQ : JM ELSS - Tax Saver Fund - Growth

JM ELSS - Tax Saver Fund - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 6.51 14.33 12.18 14
Average Rolling Returns(%) 18.93 16.79 16.72 14.23

The Current NAV of JM ELSS - Tax Saver Fund - Growth is ₹49.29.

You can consider SIP in JM ELSS - Tax Saver Fund - Growth as it has consistently outperformed the benchmark. However, as the quality of its current portfolio is Not Good you should check its portfolio before investing or look for an alternate. 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 2.10%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of JM ELSS - Tax Saver Fund - Growth is currently ₹240 Crores.

The Top three stocks are Syrma SGS Technology, One97 Communications and HDFC Bank and account for 10% of its portfolio. Top 5 and 10 stocks of fund account for 15% and 27% of fund’s portfolio respectively.

Top three sectors of JM ELSS - Tax Saver Fund - Growth fund are BFSI, Auto and Miscellaneous accounting for 48% of the total portfolio.

Funds Portfolio Quality is Not Good. It has a mix of Red, Orange and Mid cap or Small cap stocks.Since this is a Equity - ELSS - Tax Saver Fund 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 - Tax Saver Fund.

Deepak Gupta. and Satish Ramanathan manage the JM ELSS - Tax Saver Fund - Growth Fund.

JM ELSS - Tax Saver Fund - Growth current PE ratio is 49.57 and PB ratio is 6.10

The asset allocation of JM ELSS - Tax Saver Fund - Growth is Stocks : 98.86%, Debt : 1.11% 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