GMP IPO Watch
JM ELSS - Tax Saver Fund
Direct Plan · IDCW Option · JM Financial Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.63% | +3.66% | 34 of 51 |
| 1M | +1.23% | +2.01% | 37 of 51 |
| 3M | -2.56% | -4.19% | 18 of 51 |
| 6M | +7.58% | +0.64% | 1 of 51 |
| YTD | +3.09% | -3.56% | 4 of 51 |
| 1Y | +3.17% | -3.78% | 3 of 51 |
| 2Y | +3.00% | -0.72% | 12 of 50 |
| 3Y | +16.21% | +9.36% | 4 of 50 |
| 5Y | +12.54% | +8.11% | 13 of 43 |
| 7Y | +16.81% | +13.01% | 15 of 43 |
| 10Y | +16.10% | +8.61% | 2 of 27 |
| INCEPTION | +16.21% | — | — |
Ranked among: Equity Scheme - ELSS.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +4.64% | +32.63% | -34.69% | 70% | 28% |
| 6M | +9.27% | +55.11% | -33.65% | 73% | 30% |
| 1Y | +19.75% | +95.09% | -27.33% | 82% | 36% |
| 2Y | +18.18% | +53.55% | -11.51% | 97% | 44% |
| 3Y | +17.66% | +33.16% | -3.49% | 99% | 45% |
| 5Y | +17.10% | +31.05% | +1.36% | 100% | 46% |
| 7Y | +16.59% | +20.57% | +9.69% | 100% | 46% |
| 10Y | +17.29% | +20.37% | +14.12% | 100% | 47% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity98.86%
- Debt0.00%
- Cash1.11%
- Other0.03%
Market Cap Split
- Large Cap35.12%
- Mid Cap18.18%
- Small Cap45.56%
- Others1.14%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 28.12 | 23.85 |
| P/B | 3.51 | 3.36 |
| Price / Sales | 2.76 | 2.94 |
| Price / Cash Flow | 19.82 | 18.37 |
| Dividend Yield (%) | 0.80 | 1.13 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Syrma SGS | Industrial Manufacturing | 3.41% | +0.55% |
| One 97 Communications | Financial Technology (Fintech) | 3.31% | +0.03% |
| HDFC Bank | Banks | 2.90% | +0.09% |
| Karur Vysya Bank | Banks | 2.69% | -0.10% |
| ICICI Bank | Banks | 2.67% | -0.17% |
| Reliance Industries | Petroleum Products | 2.64% | -0.11% |
| Bharti Airtel | Telecom - Services | 2.41% | +0.00% |
| CarTrade Tech | Retailing | 2.30% | -0.19% |
| EPL | Industrial Products | 2.19% | +0.90% |
| Kotak Bank | Banks | 2.11% | +0.06% |
| United Spirits | Beverages | 2.09% | -0.14% |
| Eternal | Retailing | 2.08% | +0.02% |
| Sanathan Textiles | Textiles & Apparels | 2.04% | +0.26% |
| WeWork India Management | Commercial Services & Supplies | 2.04% | +0.00% |
| Manappuram Finance | Finance | 2.03% | +0.12% |
View all 55 holdings
| Aditya Vision | Retailing | 2.02% | +0.05% |
| State Bank of India | Banks | 2.01% | -0.13% |
| Fortis Healthcare | Equity | 1.97% | -0.28% |
| Belrise Industries | Auto Components | 1.95% | +0.12% |
| Bajaj Finance | Finance | 1.94% | -0.13% |
| Shaily Engineering Plastics | Consumer Durables | 1.89% | -0.07% |
| Jindal Steel | Ferrous Metals | 1.89% | -0.03% |
| Travel Food Services | Leisure Services | 1.89% | -0.11% |
| Finolex Cables | Industrial Products | 1.82% | +0.31% |
| M&M Financial Services | Finance | 1.76% | -0.19% |
| Larsen & Toubro | Construction | 1.75% | -0.07% |
| Tech Mahindra | IT - Software | 1.71% | +0.15% |
| Shriram Finance | Finance | 1.70% | -0.15% |
| PNB Housing Finance | Finance | 1.69% | +0.01% |
| Apar Industries | Electrical Equipment | 1.68% | +0.02% |
| Artemis Medicare Services | Equity | 1.67% | +0.18% |
| Adani Power | Power | 1.65% | +0.10% |
| Navin Fluorine International | Chemicals & Petrochemicals | 1.65% | -0.03% |
| SML Mahindra | Agricultural, Commercial & Construction Vehicles | 1.65% | +0.42% |
| Bajaj Auto | Automobiles | 1.63% | -0.13% |
| Mahindra & Mahindra | Automobiles | 1.63% | +0.09% |
| BSE | Capital Markets | 1.61% | -0.04% |
| Onesource Specialty Pharma | Pharmaceuticals & Biotechnology | 1.59% | +0.06% |
| GNG Electronics | IT - Hardware | 1.58% | +0.41% |
| Bosch | Auto Components | 1.57% | -0.24% |
| Titagarh Rail Systems | Industrial Manufacturing | 1.57% | +0.05% |
| Persistent Systems | IT - Software | 1.54% | -0.04% |
| Max Financial Services | Insurance | 1.51% | -0.16% |
| Redington | Commercial Services & Supplies | 1.51% | +0.23% |
| Zydus Life Science | Pharmaceuticals & Biotechnology | 1.49% | +0.46% |
| Oriental Hotels | Leisure Services | 1.46% | +0.28% |
| Sagility | IT - Services | 1.45% | +0.09% |
| Maruti Suzuki | Automobiles | 1.42% | -0.14% |
| Hindalco Industries | Non - Ferrous Metals | 1.37% | +0.14% |
| Smartworks Coworking Spaces | Commercial Services & Supplies | 1.33% | — |
| Prestige Estates Projects | Realty | 1.26% | -0.08% |
| India Cements | Cement & Cement Products | 1.17% | -0.14% |
| The Clearing Corporation of India Ltd. 01-OCT-2026 | Net Current Assets | 1.09% | — |
| Spandana Sphoorty Financial | Finance | 0.97% | +0.14% |
| Net Receivable/Payable | Net Current Assets | 0.02% | — |
Sector Allocation · Sep 2026
View all 31 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 15.64 | 15.31 | High Volatility |
| 3Y | 16.22 | 15.06 | High Volatility |
| 5Y | 15.73 | 14.95 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.23 | -0.64 | Above Average |
| 3Y | 0.62 | 0.25 | Above Average |
| 5Y | 0.47 | 0.20 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.39 | -0.25 | Above Average |
| 3Y | 1.40 | 0.95 | Above Average |
| 5Y | 1.15 | 0.83 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.05 | 0.97 | Poor Risk Adjusted Returns |
| 3Y | 1.04 | 0.96 | Poor Risk Adjusted Returns |
| 5Y | 1.01 | 0.95 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Quant ELSS Tax Saver Fund
Regular Plan · IDCW Option
|
+7.29% | +14.05% | +12.86% | +6.96% |
|
BANK OF INDIA MID CAP TAX FUND SERIES 1
Direct Plan · IDCW
|
+5.64% | +14.68% | +11.35% | +13.71% |
|
BANK OF INDIA MID CAP TAX FUND Series 2
Direct Plan · IDCW
|
+1.69% | +13.49% | +10.51% | +17.18% |
|
WhiteOak Capital ELSS Tax Saver Fund
Direct Plan · IDCW Option
|
+0.68% | +16.26% | — | +16.99% |
|
HSBC ELSS Tax saver Fund
Regular Plan · Growth
|
+0.17% | +15.10% | — | +14.46% |
|
BANK OF INDIA ELSS TAX SAVER FUND
Regular Plan · IDCW
|
-0.32% | +11.18% | +9.76% | +6.87% |
|
Kotak ELSS Tax Saver Fund
Regular Plan · Payout of Income Distribution cum capital withdrawal option
|
-0.70% | +10.74% | +10.15% | +5.94% |
|
Sundaram Long Term Tax Advantage Fund Series III
Regular plan · Growth
|
-0.77% | +9.49% | +13.59% | +13.22% |
|
Edelweiss ELSS Tax Saver Fund
Regular Plan · Growth
|
-0.97% | +12.17% | +9.28% | +14.54% |
|
Bajaj Finserv ELSS - Tax Saver Fund
Regular Plan · IDCW
|
-1.09% | — | — | +7.56% |
More From JM Financial Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
JM Small Cap Fund
Direct Plan · Growth Option
|
+8.26% | — | — | +6.16% |
|
JM Arbitrage Fund
Direct Plan · Half Yearly IDCW Option
|
+6.43% | +6.95% | +6.45% | +4.37% |
|
JM Liquid Fund
Direct Plan · Growth Option
|
+6.38% | +6.82% | +6.37% | +6.83% |
|
JM Ultra Short to Short Term Fund
Direct Plan · Bonus Option - Principal Units
|
+5.83% | +7.14% | +6.52% | +6.10% |
|
JM Mid Cap Fund
Direct Plan · IDCW Option
|
+5.48% | +18.16% | — | +21.54% |
|
JM Overnight Fund
Direct Plan · Unclaimed Redemption - Growth Plan
|
+5.09% | +5.90% | — | +5.80% |
|
JM Short Term Fund
Direct Plan · IDCW Option
|
+4.51% | +7.00% | — | +6.79% |
|
JM Dynamic Term Fund
Direct Plan · IDCW Option
|
+3.04% | +6.65% | +6.01% | +7.29% |
|
JM Medium to Long Term Fund
Direct Plan · Growth Option
|
+2.51% | +6.48% | +5.30% | +5.52% |
|
JM Large & Mid Cap Fund
Direct Plan · IDCW Option
|
+0.82% | — | — | +4.55% |
About This Scheme
Investment 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,There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully.
Stated Asset Allocation
Equity and Equity related instruments - 80%-100%, Money Market Instruments / InvITs/ Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds^ - 0%-20% ^Any other security as may be permitted by SEBI/ RBI from time to time. Other Liquid instruments includes cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI. The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund.
Exit Load
Nil
Fund Managers
Mr. Deepak Gupta, Mr. Satish Ramanathan, Mr. Asit Bhandarkar, Ms. Ruchi Fozdar
Fund Manager - Mr. Deepak Gupta, Co-Fund Managers - Mr. Satish Ramanathan, Mr. Asit Bhandarkar, Ms. Ruchi Fozdar (For Debt portion only)
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.