JM Tax Gain Fund Regular Growth
EquityELSS (Tax Savings)Very High Risk
Regular
NAV (12-Jun-26)
Returns (Since Inception)
Fund Overview
Fund Size
₹223 Cr
Expense Ratio
2.58%
ISIN
INF192K01650
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
31 Mar 2008
About this fund
As of 12-Jun-26, it has a Net Asset Value (NAV) of ₹48.24, Assets Under Management (AUM) of 222.93 Crores, and an expense ratio of 2.58%.
- JM Tax Gain Fund Regular Growth has given a CAGR return of 9.03% since inception.
- The fund's asset allocation comprises around 97.37% in equities, 0.00% in debts, and 2.63% in cash & cash equivalents.
- You can start investing in JM Tax Gain Fund Regular Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+1.66%
— (Cat Avg.)
3 Years
+15.44%
+13.12% (Cat Avg.)
5 Years
+13.89%
+12.03% (Cat Avg.)
10 Years
+15.58%
+13.76% (Cat Avg.)
Since Inception
+9.03%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2026
| Equity | ₹217.06 Cr | 97.37% |
| Others | ₹5.87 Cr | 2.63% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹7.32 Cr | 3.28% |
| Reliance Industries Ltd | Equity | ₹7.06 Cr | 3.16% |
| Syrma SGS Technology Ltd | Equity | ₹6.47 Cr | 2.90% |
| ICICI Bank Ltd | Equity | ₹6.09 Cr | 2.73% |
| Larsen & Toubro Ltd | Equity | ₹6.09 Cr | 2.73% |
| Adani Power Ltd | Equity | ₹6.06 Cr | 2.72% |
| Bharti Airtel Ltd | Equity | ₹6.03 Cr | 2.70% |
| Karur Vysya Bank Ltd | Equity | ₹5.75 Cr | 2.58% |
| Lupin Ltd | Equity | ₹5.67 Cr | 2.54% |
| Polycab India Ltd | Equity | ₹5.59 Cr | 2.51% |
| One97 Communications Ltd | Equity | ₹5.3 Cr | 2.38% |
| BSE Ltd | Equity | ₹5.18 Cr | 2.32% |
| Travel Food Services Ltd | Equity | ₹5.09 Cr | 2.29% |
| Wework India Management Ltd | Equity | ₹5.02 Cr | 2.25% |
| Bajaj Auto Ltd | Equity | ₹5.02 Cr | 2.25% |
| Jindal Steel Ltd | Equity | ₹4.83 Cr | 2.17% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹4.82 Cr | 2.16% |
| Maruti Suzuki India Ltd | Equity | ₹4.73 Cr | 2.12% |
| United Spirits Ltd | Equity | ₹4.71 Cr | 2.11% |
| OneSource Specialty Pharma Ltd | Equity | ₹4.57 Cr | 2.05% |
| Shaily Engineering Plastics Ltd | Equity | ₹4.44 Cr | 1.99% |
| Max Financial Services Ltd | Equity | ₹4.42 Cr | 1.98% |
| Bajaj Finance Ltd | Equity | ₹4.41 Cr | 1.98% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹4.34 Cr | 1.95% |
| PNB Housing Finance Ltd | Equity | ₹4.19 Cr | 1.88% |
| Kotak Mahindra Bank Ltd | Equity | ₹4.17 Cr | 1.87% |
| Manappuram Finance Ltd | Equity | ₹4.04 Cr | 1.81% |
| Tech Mahindra Ltd | Equity | ₹4.04 Cr | 1.81% |
| Sanathan Textiles Ltd | Equity | ₹3.96 Cr | 1.78% |
| Shriram Finance Ltd | Equity | ₹3.92 Cr | 1.76% |
| State Bank of India | Equity | ₹3.91 Cr | 1.75% |
| Bosch Ltd | Equity | ₹3.66 Cr | 1.64% |
| Jubilant Foodworks Ltd | Equity | ₹3.66 Cr | 1.64% |
| CarTrade Tech Ltd | Equity | ₹3.58 Cr | 1.61% |
| Eternal Ltd | Equity | ₹3.51 Cr | 1.57% |
| Ccil | Cash - Repurchase Agreement | ₹3.47 Cr | 1.55% |
| Apar Industries Ltd | Equity | ₹3.44 Cr | 1.54% |
| Navin Fluorine International Ltd | Equity | ₹3.42 Cr | 1.53% |
| Godfrey Phillips India Ltd | Equity | ₹3.39 Cr | 1.52% |
| Hindalco Industries Ltd | Equity | ₹3.38 Cr | 1.52% |
| KEC International Ltd | Equity | ₹3.37 Cr | 1.51% |
| Titagarh Rail Systems Ltd | Equity | ₹3.34 Cr | 1.50% |
| India Cements Ltd | Equity | ₹3.18 Cr | 1.42% |
| Infosys Ltd | Equity | ₹3.17 Cr | 1.42% |
| Coforge Ltd | Equity | ₹3.13 Cr | 1.40% |
| Persistent Systems Ltd | Equity | ₹3.12 Cr | 1.40% |
| Mahindra & Mahindra Ltd | Equity | ₹3.1 Cr | 1.39% |
| Prestige Estates Projects Ltd | Equity | ₹2.79 Cr | 1.25% |
| Net Receivable/Payable | Cash | ₹2.41 Cr | 1.08% |
| Spandana Sphoorty Financial Ltd | Equity | ₹2.14 Cr | 0.96% |
| Ceat Ltd | Equity | ₹2.13 Cr | 0.96% |
| Nuvama Wealth Management Ltd | Equity | ₹2.07 Cr | 0.93% |
| Spandana Sphoorty Financial Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹0.25 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
43.09%
Mid Cap Stocks
24.21%
Small Cap Stocks
30.06%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹62.2 Cr | 27.90% |
| Consumer Cyclical | ₹38.45 Cr | 17.25% |
| Technology | ₹25.23 Cr | 11.32% |
| Industrials | ₹21.84 Cr | 9.80% |
| Basic Materials | ₹19.24 Cr | 8.63% |
| Healthcare | ₹15.05 Cr | 6.75% |
| Consumer Defensive | ₹8.1 Cr | 3.63% |
| Real Estate | ₹7.81 Cr | 3.50% |
| Energy | ₹7.06 Cr | 3.16% |
| Utilities | ₹6.06 Cr | 2.72% |
| Communication Services | ₹6.03 Cr | 2.70% |
Risk & Performance Ratios
Standard Deviation
This fund
16.96%
Cat. avg.
15.55%
Lower the better
Sharpe Ratio
This fund
0.60
Cat. avg.
0.48
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.73
Higher the better
Fund Managers
Satish Ramanathan
Since October 2024
Asit Bhandarkar
Since December 2021
Ruchi Fozdar
Since October 2024
Deepak Gupta
Since April 2025
Additional Scheme Detailsas of 31st May 2026
ISIN INF192K01650 | Expense Ratio 2.58% | Exit Load No Charges | Fund Size ₹223 Cr | Age 18 years 2 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark BSE 500 India TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
About the AMC
JM Financial Mutual Fund
Total AUM
₹13,539 Cr
Address
502, 5th Floor, A - Wing, Mumbai, 400 051
Other Funds by JM Financial Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| JM Large & Mid Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹419.59 Cr | - |
| JM Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹106.12 Cr | 5.2% |
| JM Small Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹729.63 Cr | 7.6% |
| JM Fixed Maturity Fund Series 28 Plan B Direct Growth Moderate Risk | - | 0.0% | - | - |
| JM Fixed Maturity Fund Series 28 Plan A Direct Growth Moderate Risk | - | 0.0% | - | - |
| JM Arbitrage Fund Direct Growth Low Risk | 0.8% | 0.0% | ₹366.72 Cr | 6.1% |
| JM Equity Hybrid Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹691.85 Cr | -4.2% |
| JM Focused Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹278.72 Cr | -0.6% |
| JM Value Fund Direct Growth Very High Risk | 1.8% | 1.0% | ₹805.09 Cr | -5.7% |
| JM Low Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹225.19 Cr | 6.1% |
| JM Large Cap Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹415.75 Cr | -1.1% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2643.90 Cr | 6.2% |
| JM Dynamic Bond Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹53.10 Cr | 3.3% |
| JM Medium to Long Duration Fund Direct Growth Moderate Risk | 0.8% | 0.0% | ₹29.81 Cr | 3.1% |
| JM Flexicap Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹5068.70 Cr | -1.3% |
| JM Tax Gain Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹222.93 Cr | 3.0% |
| JM Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1217.01 Cr | 8.5% |
| JM Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹200.81 Cr | 6.8% |
| JM Short Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹81.61 Cr | 5.1% |
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
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Who manages the JM Tax Gain Fund Regular Growth?
- Satish Ramanathan
- Asit Bhandarkar
- Ruchi Fozdar
- Deepak Gupta
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