Previously Known As : Jm Tax Gain Fund
Jm Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 4
BMSMONEY Rating
Gro. Opt. As On: 11-10-2024
NAV ₹51.35(R) -0.01% ₹58.1(D) -0.01%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 49.07% 20.29% 23.83% 18.14% 17.44%
LumpSum (D) 50.9% 21.53% 24.97% 19.17% 18.74%
SIP (R) 26.65% 31.28% 28.23% 23.77% 20.02%
SIP (D) 28.32% 32.69% 29.48% 24.87% 21.13%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.04 0.59 0.9 4.04% 0.15
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.97% -13.7% -14.82% 0.99 9.53%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
JM ELSS Tax Saver Fund 4
ITI ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Franklin India ELSS Tax Saver Fund 7

NAV Date: 11-10-2024

Scheme Name NAV Rupee Change Percent Change
JM ELSS Tax Saver Fund (Regular) - IDCW 51.35
0.0000
-0.0100%
JM ELSS Tax Saver Fund (Regular) - Growth option 51.35
0.0000
-0.0100%
JM ELSS Tax Saver Fund (Direct) - IDCW 56.67
0.0000
-0.0100%
JM ELSS Tax Saver Fund (Direct) - Growth Option 58.1
0.0000
-0.0100%

Review Date: 11-10-2024

JM ELSS Tax Saver Fund has exhibited very good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 4 out of 33 funds in the category. The fund has delivered return of 49.07% in 1 year, 20.29% in 3 years, 23.83% in 5 years and 17.44% in 10 years. The category average for the same periods is 38.39%, 16.85%, 21.7% and 15.3% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 13.97, VaR of -13.7, Average Drawdown of -5.92, Semi Deviation of 9.53 and Max Drawdown of -14.82. The category average for the same parameters is 12.67, -14.08, -5.23, 8.83 and -12.31 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in JM ELSS Tax Saver Fund direct growth option would have grown to ₹15090.0 in 1 year, ₹17948.0 in 3 years and ₹30481.0 in 5 years as of today (11-10-2024).
  2. An SIP of ₹1,000 per month in JM ELSS Tax Saver Fund direct growth option would have grown to ₹13770.0 in 1 year, ₹57383.0 in 3 years and ₹123966.0 in 5 years as of today (11-10-2024).
  3. standard deviation of 13.97 and based on VaR one can expect to lose more than -13.7% of current value of fund in one year.
  4. Sharpe ratio of the fund is 1.04 which shows very good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.84, Beta of 0.99 and Jensen's Alpha of 4.04% which exhibit good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.34
0.70
-1.80 | 4.66 35 | 40 Poor
3M Return % 3.51
3.56
-2.12 | 13.08 23 | 40 Average
1Y Return % 49.07
38.39
22.59 | 67.76 5 | 40 Very Good
3Y Return % 20.29
16.85
8.22 | 26.66 5 | 33 Very Good
5Y Return % 23.83
21.70
15.26 | 35.58 8 | 32 Very Good
7Y Return % 18.14
15.68
10.84 | 23.94 5 | 29 Very Good
10Y Return % 17.44
15.30
12.10 | 23.35 3 | 22 Very Good
15Y Return % 14.51
14.44
11.83 | 16.56 10 | 19 Good
1Y SIP Return % 26.65
16.54
0.75 | 46.53 3 | 40 Very Good
3Y SIP Return % 31.28
25.03
17.58 | 41.33 4 | 33 Very Good
5Y SIP Return % 28.23
23.98
17.13 | 33.81 4 | 32 Very Good
7Y SIP Return % 23.77
20.41
14.22 | 29.94 5 | 29 Very Good
10Y SIP Return % 20.02
17.36
12.85 | 25.34 3 | 22 Very Good
15Y SIP Return % 17.76
16.21
13.54 | 21.08 4 | 20 Very Good
Standard Deviation 13.97
12.67
9.62 | 15.47 30 | 33 Poor
Semi Deviation 9.53
8.83
6.83 | 10.96 26 | 33 Average
Max Drawdown % -14.82
-12.31
-22.56 | -6.28 28 | 33 Poor
VaR 1 Y % -13.70
-14.08
-20.17 | -11.38 18 | 33 Good
Average Drawdown % -5.92
-5.23
-9.24 | -2.48 26 | 33 Average
Sharpe Ratio 1.04
0.88
0.19 | 1.48 8 | 33 Very Good
Sterling Ratio 0.90
0.86
0.31 | 1.53 14 | 33 Good
Sortino Ratio 0.59
0.47
0.12 | 0.85 5 | 33 Very Good
Jensen Alpha % 4.04
1.99
-8.39 | 9.14 10 | 33 Good
Treynor Ratio 0.15
0.12
0.03 | 0.20 7 | 33 Very Good
Modigliani Square Measure % 20.76
19.11
8.58 | 28.03 9 | 33 Very Good
Alpha % 3.84
0.59
-7.52 | 9.35 7 | 33 Very Good
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.24 0.78 -1.64 | 4.76 35 | 41
3M Return % 3.83 3.83 -1.84 | 13.42 22 | 41
1Y Return % 50.90 39.95 24.43 | 69.77 4 | 40
3Y Return % 21.53 18.17 9.08 | 28.21 5 | 33
5Y Return % 24.97 23.07 16.24 | 37.78 8 | 32
7Y Return % 19.17 16.91 11.86 | 25.63 5 | 29
10Y Return % 18.74 16.30 12.96 | 24.62 3 | 23
1Y SIP Return % 28.32 17.90 2.33 | 48.33 3 | 40
3Y SIP Return % 32.69 26.41 19.14 | 42.98 4 | 33
5Y SIP Return % 29.48 25.36 18.06 | 35.88 4 | 32
7Y SIP Return % 24.87 21.64 15.15 | 31.85 5 | 29
10Y SIP Return % 21.13 18.35 13.82 | 26.84 3 | 23
Standard Deviation 13.97 12.67 9.62 | 15.47 30 | 33
Semi Deviation 9.53 8.83 6.83 | 10.96 26 | 33
Max Drawdown % -14.82 -12.31 -22.56 | -6.28 28 | 33
VaR 1 Y % -13.70 -14.08 -20.17 | -11.38 18 | 33
Average Drawdown % -5.92 -5.23 -9.24 | -2.48 26 | 33
Sharpe Ratio 1.04 0.88 0.19 | 1.48 8 | 33
Sterling Ratio 0.90 0.86 0.31 | 1.53 14 | 33
Sortino Ratio 0.59 0.47 0.12 | 0.85 5 | 33
Jensen Alpha % 4.04 1.99 -8.39 | 9.14 10 | 33
Treynor Ratio 0.15 0.12 0.03 | 0.20 7 | 33
Modigliani Square Measure % 20.76 19.11 8.58 | 28.03 9 | 33
Alpha % 3.84 0.59 -7.52 | 9.35 7 | 33
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.01 ₹ 9,999.00 -0.01 ₹ 9,999.00
1W 0.64 ₹ 10,064.00 0.66 ₹ 10,066.00
1M -0.34 ₹ 9,966.00 -0.24 ₹ 9,976.00
3M 3.51 ₹ 10,351.00 3.83 ₹ 10,383.00
6M ₹ ₹
1Y 49.07 ₹ 14,907.00 50.90 ₹ 15,090.00
3Y 20.29 ₹ 17,406.00 21.53 ₹ 17,948.00
5Y 23.83 ₹ 29,122.00 24.97 ₹ 30,481.00
7Y 18.14 ₹ 32,121.00 19.17 ₹ 34,129.00
10Y 17.44 ₹ 49,907.00 18.74 ₹ 55,695.00
15Y 14.51 ₹ 76,336.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 26.65 ₹ 13,669.75 28.32 ₹ 13,770.38
3Y ₹ 36000 31.28 ₹ 56,319.26 32.69 ₹ 57,382.92
5Y ₹ 60000 28.23 ₹ 120,348.66 29.48 ₹ 123,966.06
7Y ₹ 84000 23.77 ₹ 195,947.72 24.87 ₹ 203,715.71
10Y ₹ 120000 20.02 ₹ 344,856.96 21.13 ₹ 366,305.88
15Y ₹ 180000 17.76 ₹ 785,109.24 ₹


Date Jm Elss Tax Saver Fund NAV Regular Growth Jm Elss Tax Saver Fund NAV Direct Growth
11-10-2024 51.348 58.0984
10-10-2024 51.3529 58.1021
09-10-2024 51.304 58.045
08-10-2024 50.8188 57.4941
07-10-2024 49.7306 56.2612
04-10-2024 51.0213 57.7155
03-10-2024 51.5875 58.3541
01-10-2024 52.5842 59.4775
30-09-2024 52.4235 59.2938
27-09-2024 52.9735 59.9098
26-09-2024 52.8315 59.7473
25-09-2024 52.9495 59.8787
24-09-2024 53.0707 60.0138
23-09-2024 52.9397 59.8636
20-09-2024 52.5903 59.4626
19-09-2024 51.8419 58.6144
17-09-2024 52.2026 59.0183
16-09-2024 52.1761 58.9863
13-09-2024 52.2615 59.077
12-09-2024 52.0667 58.8547
11-09-2024 51.5225 58.2377

Fund Launch Date: 24/Dec/2007
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: 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.
Fund Description: Open Ended Equity ELSS
Fund Benchmark: S&P BSE 500 Total Return Index Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.