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(%) 40.81 23.06 20.26 14.03
Average Rolling Returns(%) 18.64 17.10 14.28 13.44

The Current NAV of JM ELSS Tax Saver Fund - Growth is ₹41.00.

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 2.41%

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 ₹115 Crores.

The Top three stocks are ICICI Bank, Larsen & Toubro and Power Finance Corp and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 19% and 33% of fund’s portfolio respectively.

Top three sectors of JM ELSS Tax Saver Fund - Growth fund are BFSI, Construction & Infrastructure and IT accounting for 55% 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 43.97 and PB ratio is 7.33

The asset allocation of JM ELSS Tax Saver Fund - Growth is Stocks : 99.36%, Debt : 0.64% 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

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