The JM ELSS Tax Saver Fund Direct Plan-Growth is a tax-saving mutual fund offered by JM Financial Mutual Fund. As of December 21, 2024, the fund has an AUM of ₹183.48 Crores, with the latest NAV standing at ₹55.061.
The fund has delivered strong returns, with a 33.05% growth over the past year, 80.71% over the past three years, and an impressive 662.51% since its inception.
JM ELSS Tax Saver Fund Return
| Period | This fund | Category average |
|---|---|---|
| 1 month | 2.92% | 2.59% |
| 3 months | -8.02% | -6.64% |
| 6 months | 2.14% | 3.26% |
| 1 year | 33.05% | 23.92% |
| 3 years | 21.72% | 18.88% |
| 5 years | 22.49% | 20.9% |
| 7 years | 17.46% | 15.16% |
| 10 years | 17.1% | 14.99% |
JM ELSS Tax Saver Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
HDFC Bank Ltd.
|
Financial | Equity | 5.40% |
|
Infosys Ltd.
|
Technology | Equity | 4.91% |
|
ICICI Bank Ltd.
|
Financial | Equity | 3.97% |
|
State Bank of India
|
Financial | Equity | 3.33% |
|
Larsen & Toubro Ltd.
|
Construction | Equity | 2.93% |
Sector Allocation in JM ELSS Tax Saver Fund
| Sector | Percentage (%) | Amount (₹) |
|---|---|---|
| Financial | 18.63% | ₹34.18 Cr |
| Capital Goods | 10.96% | ₹20.11 Cr |
| Healthcare | 9.84% | ₹18.05 Cr |
| Services | 9.37% | ₹17.19 Cr |
| Technology | 9.33% | ₹17.12 Cr |
| Others | 41.87% | ₹76.82 Cr |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
