Previously Known As : Jm Tax Gain Fund
Jm Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 7
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹48.56(R) -1.84% ₹55.06(D) -1.83%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 31.4% 20.78% 21.39% 16.45% 15.82%
LumpSum (D) 33.05% 22.05% 22.52% 17.48% 17.1%
SIP (R) -32.24% 22.19% 23.87% 21.22% 18.67%
SIP (D) -31.3% 23.62% 25.16% 22.35% 19.8%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.87 0.48 0.85 3.88% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.37% -15.55% -13.68% 0.98 9.79%
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
Hsbc Tax Saver Equity Fund 4
DSP ELSS Tax Saver Fund 5
Quantum ELSS Tax Saver Fund 6
JM ELSS Tax Saver Fund 7

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
JM ELSS Tax Saver Fund (Regular) - IDCW 48.56
-0.9100
-1.8400%
JM ELSS Tax Saver Fund (Regular) - Growth option 48.56
-0.9100
-1.8400%
JM ELSS Tax Saver Fund (Direct) - IDCW 53.7
-1.0000
-1.8300%
JM ELSS Tax Saver Fund (Direct) - Growth Option 55.06
-1.0300
-1.8300%

Review Date: 20-12-2024

JM ELSS Tax Saver Fund has exhibited good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 7 out of 33 funds in the category. The fund has delivered return of 31.4% in 1 year, 20.78% in 3 years, 21.39% in 5 years and 15.82% in 10 years. The category average for the same periods is 23.27%, 17.87%, 19.02% and 13.92% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 14.37, VaR of -15.55, Average Drawdown of -5.75, Semi Deviation of 9.79 and Max Drawdown of -13.68. The category average for the same parameters is 13.04, -15.83, -5.26, 9.14 and -11.69 respectively. The fund has high 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 ₹13305.0 in 1 year, ₹18179.0 in 3 years and ₹27603.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in JM ELSS Tax Saver Fund direct growth option would have grown to ₹9851.0 in 1 year, ₹50786.0 in 3 years and ₹111837.0 in 5 years as of today (20-12-2024).
  3. standard deviation of 14.37 and based on VaR one can expect to lose more than -15.55% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.87 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.85, Beta of 0.98 and Jensen's Alpha of 3.88% 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 % 2.82
2.71
-0.34 | 7.00 19 | 40 Good
3M Return % -7.67
-5.99
-14.44 | 0.72 29 | 40 Average
6M Return % 1.51
2.52
-12.14 | 14.98 23 | 40 Average
1Y Return % 31.40
23.27
11.16 | 51.18 5 | 40 Very Good
3Y Return % 20.78
17.87
9.53 | 29.09 4 | 33 Very Good
5Y Return % 21.39
19.02
11.89 | 30.16 7 | 33 Very Good
7Y Return % 16.45
13.86
8.59 | 20.73 4 | 29 Very Good
10Y Return % 15.82
13.92
10.55 | 20.37 4 | 23 Very Good
15Y Return % 13.78
13.97
11.63 | 15.99 12 | 19 Average
1Y SIP Return % -32.24
-33.97
-40.29 | -15.35 8 | 37 Very Good
3Y SIP Return % 22.19
17.26
10.68 | 35.25 5 | 32 Very Good
5Y SIP Return % 23.87
20.14
12.89 | 30.76 5 | 32 Very Good
7Y SIP Return % 21.22
18.09
11.66 | 25.00 4 | 28 Very Good
10Y SIP Return % 18.67
15.93
11.34 | 19.93 2 | 22 Very Good
15Y SIP Return % 17.07
15.39
12.91 | 17.72 3 | 19 Very Good
Standard Deviation 14.37
13.04
10.02 | 16.62 30 | 33 Poor
Semi Deviation 9.79
9.14
7.26 | 11.80 28 | 33 Poor
Max Drawdown % -13.68
-11.69
-21.18 | -6.28 28 | 33 Poor
VaR 1 Y % -15.55
-15.83
-22.63 | -11.90 18 | 33 Good
Average Drawdown % -5.75
-5.26
-7.50 | -3.00 22 | 33 Average
Sharpe Ratio 0.87
0.74
0.08 | 1.30 11 | 33 Good
Sterling Ratio 0.85
0.81
0.26 | 1.37 14 | 33 Good
Sortino Ratio 0.48
0.39
0.07 | 0.73 9 | 33 Very Good
Jensen Alpha % 3.88
3.67
-8.11 | 17.38 15 | 33 Good
Treynor Ratio 0.13
0.46
0.01 | 5.74 14 | 33 Good
Modigliani Square Measure % 18.91
19.74
7.07 | 47.49 15 | 33 Good
Alpha % 3.58
-1.14
-28.62 | 9.74 8 | 33 Very Good
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.92 2.81 -0.25 | 7.10 19 | 41
3M Return % -7.40 -5.77 -14.21 | 0.94 29 | 41
6M Return % 2.12 3.03 -11.68 | 15.66 23 | 41
1Y Return % 33.05 24.61 12.47 | 53.00 6 | 41
3Y Return % 22.05 19.20 10.39 | 30.66 5 | 33
5Y Return % 22.52 20.39 12.83 | 32.24 7 | 33
7Y Return % 17.48 15.07 9.58 | 22.41 5 | 29
10Y Return % 17.10 14.95 11.40 | 21.63 4 | 24
1Y SIP Return % -31.30 -33.38 -39.54 | -14.23 8 | 39
3Y SIP Return % 23.62 18.65 11.78 | 36.94 6 | 32
5Y SIP Return % 25.16 21.54 13.82 | 32.36 5 | 32
7Y SIP Return % 22.35 19.32 12.60 | 26.48 4 | 28
10Y SIP Return % 19.80 16.95 12.32 | 21.27 2 | 23
Standard Deviation 14.37 13.04 10.02 | 16.62 30 | 33
Semi Deviation 9.79 9.14 7.26 | 11.80 28 | 33
Max Drawdown % -13.68 -11.69 -21.18 | -6.28 28 | 33
VaR 1 Y % -15.55 -15.83 -22.63 | -11.90 18 | 33
Average Drawdown % -5.75 -5.26 -7.50 | -3.00 22 | 33
Sharpe Ratio 0.87 0.74 0.08 | 1.30 11 | 33
Sterling Ratio 0.85 0.81 0.26 | 1.37 14 | 33
Sortino Ratio 0.48 0.39 0.07 | 0.73 9 | 33
Jensen Alpha % 3.88 3.67 -8.11 | 17.38 15 | 33
Treynor Ratio 0.13 0.46 0.01 | 5.74 14 | 33
Modigliani Square Measure % 18.91 19.74 7.07 | 47.49 15 | 33
Alpha % 3.58 -1.14 -28.62 | 9.74 8 | 33
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.84 ₹ 9,816.00 -1.83 ₹ 9,817.00
1W -4.07 ₹ 9,593.00 -4.05 ₹ 9,595.00
1M 2.82 ₹ 10,282.00 2.92 ₹ 10,292.00
3M -7.67 ₹ 9,233.00 -7.40 ₹ 9,260.00
6M 1.51 ₹ 10,151.00 2.12 ₹ 10,212.00
1Y 31.40 ₹ 13,140.00 33.05 ₹ 13,305.00
3Y 20.78 ₹ 17,618.00 22.05 ₹ 18,179.00
5Y 21.39 ₹ 26,353.00 22.52 ₹ 27,603.00
7Y 16.45 ₹ 29,041.00 17.48 ₹ 30,877.00
10Y 15.82 ₹ 43,428.00 17.10 ₹ 48,499.00
15Y 13.78 ₹ 69,338.00 ₹

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 -32.24 ₹ 9,781.56 -31.30 ₹ 9,850.51
3Y ₹ 36000 22.19 ₹ 49,790.77 23.62 ₹ 50,786.28
5Y ₹ 60000 23.87 ₹ 108,446.94 25.16 ₹ 111,837.24
7Y ₹ 84000 21.22 ₹ 179,003.92 22.35 ₹ 186,326.62
10Y ₹ 120000 18.67 ₹ 320,646.84 19.80 ₹ 340,885.80
15Y ₹ 180000 17.07 ₹ 739,183.86 ₹


Date Jm Elss Tax Saver Fund NAV Regular Growth Jm Elss Tax Saver Fund NAV Direct Growth
20-12-2024 48.5587 55.0605
19-12-2024 49.4671 56.0888
18-12-2024 49.7373 56.3934
17-12-2024 50.1536 56.8637
16-12-2024 50.6791 57.4578
13-12-2024 50.6206 57.3862
12-12-2024 50.4603 57.2027
11-12-2024 50.863 57.6574
10-12-2024 50.7164 57.4894
09-12-2024 50.7664 57.5443
06-12-2024 50.7089 57.474
05-12-2024 50.4747 57.2068
04-12-2024 50.2042 56.8984
03-12-2024 49.9552 56.6145
02-12-2024 49.5482 56.1515
29-11-2024 49.1503 55.6955
28-11-2024 48.8535 55.3574
27-11-2024 49.172 55.7166
26-11-2024 48.7695 55.2588
25-11-2024 48.6141 55.0811
22-11-2024 47.8851 54.2501
21-11-2024 47.225 53.5006

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.