JM ELSS Tax Save Gr

ELSS (Tax Savings)JM Financial Mutual Fund

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NAV

₹50.83

-0.02% today

AUM

₹248.18 Cr

Fund size

Expense

2.62%

Regular plan

Min SIP

₹500

per month

Min Lumpsum

₹500

one-time

Exit Load

0.0

on redemption

Fund snapshot

Category rank#7 of 38

Risk-o-meterVery High Risk

BenchmarkBSE 500 India TR INR (100%)

Number of holdings55

Inception31 Mar 2008

Exit load0.0

Risk metrics

Alpha3.35

Beta1.05

Sharpe ratio0.6

Standard deviation16.85%

Sortino ratio0.93

Capital gains tax

Equity

STCG · short-term

20%

Short-term gains taxed at 20%

Applies when equity fund units are sold within 12 months.

LTCG · long-term

12.5%

Long-term gains taxed at 12.5%

Applies when equity fund units are sold after 12 months.

Equity-oriented mutual fund taxation applies based on holding period.

Fund managers

Asit BhandarkarLead

Since Dec 2021

AUM managed

₹11,138.35Cr

Tenure

Since Dec 2021

Funds

About JM ELSS Tax Save Gr

JM ELSS Tax Save Gr is an open-ended ELSS (Tax Savings) mutual fund scheme offered by JM Financial Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹50.83 per unit and the scheme manages ₹248.18 Cr in assets under management. The fund charges an expense ratio of 2.62% and is benchmarked against BSE 500 India TR INR (100%). Over the trailing 5 years, JM ELSS Tax Save Gr has delivered +11.03% returns. SEBI's riskometer places this scheme in the Very High Risk category, so read the scheme information document before investing.

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. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

Regular Plan · Growth option · NAV as of 15 Oct 2026

JM ELSS Tax Save Gr returns

Trailing returns. Periods above one year are annualised (CAGR); one year and below are absolute.
Period	Fund	Category average
1 month	-1.02%	-3.41%
3 months	+0.35%	-3.62%
6 months	+9.87%	+1.35%
1 year	+2.27%	-3.57%
3 years	+13.76%	+9.41%
5 years	+11.03%	+8.53%

Rolling returns

Average return across every rolling window of this length over the fund's history.
Period	Fund	Category average
1 month	--	-5.36%
3 months	+10.48%	-2.54%
6 months	+12.17%	+9.52%
1 year	+10.66%	-1.67%
3 years	+55.83%	+29.50%
5 years	+99.65%	+51.89%

Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.

JM ELSS Tax Save Gr — frequently asked questions

What is the NAV of JM ELSS Tax Save Gr?

The latest net asset value (NAV) of JM ELSS Tax Save Gr is ₹50.83 per unit, -0.02% over the previous trading day. NAV is declared by the AMC at the end of every business day.

What returns has JM ELSS Tax Save Gr delivered?

JM ELSS Tax Save Gr has returned +11.03% over the trailing 5 years (1 year: +2.27%, 3 years: +13.76%). Returns beyond one year are annualised. Past performance does not guarantee future returns.

What is the expense ratio of JM ELSS Tax Save Gr?

JM ELSS Tax Save Gr charges an expense ratio of 2.62% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.

How risky is JM ELSS Tax Save Gr?

SEBI's riskometer classifies JM ELSS Tax Save Gr as Very High Risk, which is typical for a ELSS (Tax Savings) scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.

What is the minimum investment in JM ELSS Tax Save Gr?

You can start a SIP in JM ELSS Tax Save Gr from ₹500 per month, and the minimum lumpsum investment is ₹500.

Who manages JM ELSS Tax Save Gr?

JM ELSS Tax Save Gr is managed by JM Financial Mutual Fund, holds ₹248.18 Cr in assets under management and invests across 55 holdings. This page covers the regular plan with the growth option.

Scheme identifiers

Fund house: JM Financial Mutual Fund
Scheme category: Equity
Scheme sub-category: ELSS (Tax Savings)
Plan: Regular plan
Option: Growth
ISIN: INF192K01650
Scheme code: FSUSA08QAF

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