October 22, 2026
mayank
JM ELSS Tax Saver Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 58.45 |
| NAV IDCW (Rs.) | 57.01 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 12 |
| Benchmark | BSE 500 TRI |
| AUM Rs. | 240 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.93% |
| 1 Year Return (%) | 2.41 |
| 3 Year Return (%) | 14.85 |
| 5 Year Return (%) | 12.03 |
| 10 Year Return (%) | 15.52 |
| Return Since Launch | 16.36% |
Suitable For Which Investor?
ELSS funds are suitable for investors:
1. Seeking tax savings u/s 80C through a diversified equity portfolio
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
• The fund has a lock-in-period of 3 years
Fund’s Investment Strategy:
The scheme aims at achieving long term growth of capital along with income tax relief for investment. At least 80% of the funds will be invested in equity instruments.
Fund Manager:
1) Deepak Gupta
Education: C.A, M.Com from Mumbai University
Experience: Prior to Joining the JM AMC, he has worked with SBI Pension Funds Private Limited, Reliance Nippon Life Insurance and Access Asset Managers Private Limited
2) Ruchi Fozdar
Education: Ms. Ruchi is a graduate in science and PGDBM in finance
Experience: Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund
3) Asit Bhandarkar
Education: Mr. Bhandarkar is a B.Com (H) and MMS.
Experience: Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
4) Satish Ramanathan
Education: Mr. Ramanathan holds a B.Tech degree and has done MBA and CFA.
Experience: Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details of JM ELSS Tax Saver Fund
| Fund House | JM Financial Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 16.36% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 240 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.93% |
| (As on 30-Sep-2026) | |
| Risk Grade | Above Average |
| Return Grade | Above Average |
| Turnover | 61.00% |
JM ELSS Tax Saver Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| JM ELSS – Tax Saver Dir | 1.53 | -1.11 | -4.25 | 0.38 | 7.78 | 2.41 | 14.85 | 12.03 | 16.85 | 15.52 |
| BSE 500 TRI | -7.21 | -1.05 | -3.19 | -5.32 | -3.13 | -6.01 | 9.10 | 7.86 | 13.90 | 12.58 |
| Equity: ELSS – Tax Saver | -5.06 | -1.09 | -3.40 | -4.20 | -1.44 | -4.71 | 10.31 | 9.06 | 14.63 | 12.84 |
| Rank within category | 3 | 21 | 32 | 2 | 1 | 3 | 2 | 5 | 6 | 5 |
| Number of funds in category | 40 | 40 | 40 | 40 | 40 | 40 | 38 | 33 | 32 | 29 |
Peer Comparison of JM ELSS Tax Saver Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| JM ELSS – Tax Saver Dir | 4 out of 5 stars | 2.41 | 14.85 | 12.03 | 0.93 | 240 | 16.36 | — | 13Y 9M | 61.00 |
| SBI ELSS Tax Saver Dir | 5 out of 5 stars | -7.08 | 12.37 | 12.80 | 0.82 | 30,027 | 14.60 | — | 13Y 9M | 58.00 |
| DSP ELSS Tax Saver Dir | 4 out of 5 stars | -5.32 | 12.02 | 10.33 | 0.68 | 15,569 | 15.94 | — | 13Y 9M | 39.00 |
| HDFC ELSS – Tax Saver Dir | 5 out of 5 stars | -9.54 | 11.69 | 12.08 | 0.97 | 14,949 | 13.57 | — | 13Y 9M | 23.71 |
| Nippon India ELSS Tax Saver Dir | 4 out of 5 stars | -3.73 | 11.12 | 9.95 | 0.88 | 14,096 | 13.26 | — | 13Y 9M | 19.00 |
JM ELSS Tax Saver Fund Portfolio Analysis
| No. of Stocks | 53 |
| Top 10 Stocks | 26.65% |
| Top 5 Stocks | 14.99% |
| Top 3 Sectors | 60.01% |
| Portfolio P/B Ratio | 3.27 |
| Portfolio P/E Ratio | 28.66 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 69,822 | 1,79,701 |
| Large (%) | 35.54 | 60.68 |
| Mid (%) | 18.40 | 18.05 |
| Small (%) | 46.06 | 22.37 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://investor.jmfinancialmf.com/jmfinvestor/
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