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JM ELSS Tax Saver Fund - Direct (IDCW)

ELSS
  • NAV

    54.21(-0.19%)
  • Fund Size (CR)

    ₹198.58
  • Expense Ratio

    1.11
  • Scheme Type

    Active Fund
  • Value Research

  • Min. investment

    ₹500
  • Minimum Additional Investment

    ₹500
  • Minimum SIP Investment

    ₹500
  • Minimum Withdrawal

    ₹1
  • Exit Load Nil

    0%
  • Return Since Launch

    17.48%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 12.67%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Deepak Gupta

Bench Mark

BSE 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 2 July 20259976.05-0.24%-0.27%204/217
1 Month9 June 202510157.231.57%-1.21%70/217
3 Month9 April 202511525.1115.25%-16.73%114/217
6 Month9 January 202510122.421.22%-4.95%183/213
1 Year9 July 20249891.39-1.09%-1.09%2.78%177/213
3 Year8 July 202219396.9493.97%24.66%21.72%47/203
5 Year9 July 202031392.12213.92%25.69%24.79%70/203
Since Inception2 January 201375219.36652.19%17.48%16.13%62/217

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 August 20241,20,000122816.582.35% 2.35%
3 Year1 August 20223,60,000485245.8434.79% 10.46%
5 Year3 August 20206,00,0001000570.3266.76% 10.77%
10 Year3 August 201512,00,0003183702.74165.31% 10.25%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

  • Invested Amount

    25,000

  • Estimated Returns

    19,059

76%

Returns

Future value of your investment

44,059

Risk Ratios

4.34%

Standard Deviation

1.02%

Beta

1.26%

Sharpe Ratio

-0.00%

Treynor's Ratio

8.88%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Larsen & Toubro5.09%2894710.62EquityInfrastructure Developers & Operators
ICICI Bank4.85%7000010.12EquityBanks
HDFC Bank4.71%491319.83EquityBanks
Reliance Industr3.84%534008.01EquityRefineries
OneSource Speci.2.97%281956.20EquityPharmaceuticals
Bharti Airtel2.95%307006.17EquityTelecomm-Service
Syrma SGS Tech.2.74%1010005.73EquityElectronics
360 ONE2.66%465005.55EquityFinance
Maruti Suzuki2.56%43065.34EquityAutomobile
Infosys2.53%329655.28EquityIT - Software

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
JM ELSS Tax Saver Fund - Direct (IDCW)
198.581.57%15.25%1.22%-1.09%24.66%
SBI Long Term Advantage Fund - Series V -Dir (G)
381.321.51%19.14%12.29%22.87%26.89%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)
381.321.51%19.14%12.29%22.87%26.89%
HSBC Tax Saver Equity Fund - Direct (G)
244.421.44%19.41%4.23%11.34%24.29%
HSBC Tax Saver Equity Fund - Direct (IDCW)
244.421.44%19.41%4.23%11.34%24.33%
WhiteOak Capital ELSS Tax Saver Fund - Direct (G)
382.891.80%16.98%5.65%10.96%-

List of Schemes under JM Financial Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
JM Large & Mid Cap FundEquityVery High0%0₹0.00
JM Midcap FundEquityVery High-1.24%0₹1,443.94
JM Aggressive Hybrid FundHybridVery High-0.22%5₹861.79
JM Liquid FundDebtModerately Low7.16%2₹1,908.97
JM Liquid FundDebtModerately Low0%0₹1,908.97
JM Liquid FundDebtModerately Low0%0₹1,908.97
JM Medium to Long Duration FundDebtModerate10.05%3₹32.45
JM Small Cap FundEquityVery High1.35%0₹763.09
JM Large Cap FundEquityVery High-3.64%4₹539.68
JM Flexicap FundEquityVery High-6.1%4₹6,143.77
JM ELSS Tax Saver FundEquityVery High-1.09%4₹208.81
JM Value FundEquityVery High-4.99%3₹1,109.58
JM Focused FundEquityVery High-1.24%3₹290.36
JM Overnight FundDebtLow6.28%0₹123.39
JM Overnight FundDebtLow0%0₹123.39
JM Overnight FundDebtLow0%0₹123.39
JM Overnight FundDebtLow6.51%0₹123.39
JM Overnight FundDebtLow6.28%2₹123.39
JM Arbitrage FundHybridLow7.02%2₹196.16
JM Short Duration FundDebtModerate9.45%2₹119.89
JM Low Duration FundDebtModerately Low8.41%3₹243.92
JM Dynamic Bond FundDebtModerate10.13%3₹60.60

News

  • JM Financial MF announces change in Fund Management responsibilities of the following schemes

    JM Financial Mutual Fund has announced change in Fund Management responsibilities of the following schemes with effect from: 11 April 2025

    Change in Fund Manager Management responsibilities:

    Fund Manager:
    Name of the Scheme(s) Existing Fund Manager(s) Fund Managers & Co-Fund Manager(s)
    JM Flexicap Fund Fund Manager: Mr. Satish Ramanathan

    Co-Fund Managers:
    Mr. Asit Bhandarkar
    Mr. Chaitanya Choksi
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager:

    Mr. Satish Ramanathan

    Co-Fund Managers:

    Mr. Asit Bhandarkar
    Mr. Deepak Gupta
    Ms. Ruchi Fozdar (Debt Portion)

    JM Large Cap Fund Fund Managers:
    Mr. Satish Ramanathan

    Co-Fund Managers:
    Mr. Asit Bhandarkar
    Mr. Deepak Gupta
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager:
    Mr. Deepak Gupta

    Co-Fund Managers:

    Mr. Asit Bhandarkar
    Mr. Satish Ramanathan
    Ms. Ruchi Fozdar (Debt Portion)

    JM Value Fund Fund Manager
    : Mr. Satish Ramanathan

    Co-Fund Managers:
    Mr. Asit Bhandarkar
    Mr. Chaitanya Choksi
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager
    : Mr. Satish Ramanathan

    Co-Fund Managers:
    Mr. Asit Bhandarkar
    Mr. Deepak Gupta
    Ms. Ruchi Fozdar (Debt Portion)

    JM Focused Fund Fund Manager
    : Mr. Asit Bhandarkar

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Chaitanya Choksi
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager
    : Mr. Asit Bhandarkar

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Deepak Gupta
    Ms. Ruchi Fozdar (Debt Portion)

    JM ELSS Tax Saver Fund Fund Manager
    : Mr. Chaitanya Choksi

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Asit Bhandarkar
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager
    : Mr. Deepak Gupta

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Asit Bhandarkar
    Ms. Ruchi Fozdar (Debt Portion)

    JM Aggressive Hybrid Fund Fund Manager
    : Mr. Asit Bhandarkar

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Chaitanya Choksi
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager
    : Mr. Asit Bhandarkar

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Deepak Gupta
    Ms. Ruchi Fozdar (Debt Portion)

    JM Arbitrage Fund Fund Manager
    : Mr. Asit Bhandarkar

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Chaitanya Choksi
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager
    : Mr. Asit Bhandarkar

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Deepak Gupta
    Ms. Ruchi Fozdar (Debt Portion)

    JM Midcap Fund Fund Manager
    : Mr. Satish Ramanathan

    Co-Fund Managers:
    Mr. Asit Bhandarkar
    Mr. Chaitanya Choksi
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager
    : Mr. Satish Ramanathan

    Co-Fund Managers:
    Mr. Asit Bhandarkar
    Mr. Deepak Gupta
    Ms. Ruchi Fozdar (Debt Portion)

    JM Small Cap Fund Fund Manager
    : Mr. Asit Bhandarkar

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Chaitanya Choksi
    Ms. Ruchi Fozdar (Debt Portion)

    Fund Manager
    : Mr. Asit Bhandarkar

    Co-Fund Managers:
    Mr. Satish Ramanathan
    Mr. Deepak Gupta
    Ms. Ruchi Fozdar (Debt Portion)

    Powered by Capital Market - Live News

  • JM Financial MF announces change in Fund Manager of the following scheme

    JM Financial Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 27 January 2025

    Change in Fund Manager of the Scheme:

    Scheme Name Existing Fund Manager New Fund Manager
    JM Large Cap Fund Mr. Satish Ramanathan

    Co-Fund Managers: Mr. Chaitanya Choksi, Mr. Asit Bhandarkar & & Ms. Ruchi Fozdar (Debt Portion)

    Mr. Satish Ramanathan

    Co-Fund Managers: Mr. Asit Bhandarkar , Mr. Deepak Gupta & Ms. Ruchi Fozdar (Debt Portion)

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹208.81

JM ELSS Tax Saver Fund - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, JM Financial Mutual Fund. Launched in 1 January 2013, this fund is managed by Deepak Gupta. With assets under management (AUM) worth ₹208.81 (Cr), as of 10 July 2025, JM ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 17.48% since its launch.
The current NAV of JM ELSS Tax Saver Fund - Direct (IDCW) is ₹54.21, as on 10 July 2025. The fund's benchmark index is BSE 500 TRI. You can invest in JM ELSS Tax Saver Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 24.66% and 25.69% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.05% in Equity, 0.64% in Debt and 2.31% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 17.28% in Banks, 9.62% in Consumer Durables, 9.07% in Pharmaceuticals & Biotech, 8.37% in IT-Software, 8.26% in Finance

FAQs

How to Invest in JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

JM ELSS Tax Saver Fund - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 17.48% since inception. Looking to invest in JM ELSS Tax Saver Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in JM ELSS Tax Saver Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, JM ELSS Tax Saver Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in JM ELSS Tax Saver Fund - Direct (IDCW) today and reap the benefits of this ELSS fund!

How much returns has JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, JM ELSS Tax Saver Fund - Direct (IDCW) has generated annualised return of -1.09%. In the long-term, the fund has generated 24.66% and 25.69% in 3 and 5 years respectively. Since its inception, the fund has generated 17.48% returns.

What is the expense ratio of JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

The expense ratio of JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth is 1.11%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of JM ELSS Tax Saver Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of JM ELSS Tax Saver Fund - Direct (IDCW) is ₹208.81 (Cr) as of 2025-07-10 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of JM ELSS Tax Saver Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from JM ELSS Tax Saver Fund - Direct (IDCW):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case JM ELSS Tax Saver Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).