JM Tax Gain Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Tax Planning
Benchmark Type
S&P BSE 500
Scheme AUM (in Crs.)
₹ 31.04
Expense Ratio
2.9%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 12672
Min Subscription
₹ 500
Min Addition Subscription
₹ 0
Performance
Comparison
Portfolio
Details
Analysis
16.8256
(0.28 %)
NAV as on 2018-11-19
Returns
Fund
JM Tax Gain Fund - Direct Plan
1 Year
-3.24%
3 Year
13.99%
5 Year
19.35%
AMC Details
amc launch date
Launch Date
15 Sep 1994
amc sponsor
Sponsor
NA
amc email
Email
investor@jmfl.com
amc phone
Phone
022 - 61987777
amc address
Address
Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 1% if redeemed within 3 months
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
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.
Suitability
"Capital Appreciation over Long Term.
• Investment predominantly in Equity & Equity related securities and to enable investors tax deduction from total income as permitted under Income Tax Act 1961 from time to time."
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,944
Portfolio Value
-56
Total Returns