JM Tax Gain Fund (Direct)

Scheme Type
Open-ended
Scheme Category
ELSS (Tax Savings)
Benchmark Type
S&P BSE 500
Scheme AUM (in Crs.)
₹ 28.33
Expense Ratio
2.9%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 10965
Min Subscription
₹ 500
Min Addition Subscription
₹ 0
Performance
Comparison
Portfolio
Details
Analysis
17.0134
(-0.47 %)
NAV as on 2019-01-23
Returns
Fund
JM Tax Gain Fund (Direct)
1 Year
-5.29%
3 Year
16.11%
5 Year
19.25%
AMC Details
amc launch date
Launch Date
15 Sep 1994
amc sponsor
Sponsor
NA
amc email
Email
investor@jmfinancial.in
amc phone
Phone
022 - 61987777
amc address
Address
5th Floor, Apeejay House,,3, Dinshaw Vachha Road, Near K C College,,Churchgate, Mumbai - 400 020
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
N.A.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
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
5,908
Portfolio Value
-92
Total Returns