Category: Equity: ELSS
Launch Date: 31-03-2008
Riskometer: Very High
Asset Class
Equity
Status
Open Ended Schemes
Fund Managers
Asit Bhandarkar, Chaitanya Choksi, Gurvinder Singh Wasan
Investment Objective
The scheme aims at achieving long term growth of capital along with income tax relief for investment .At least 80% of the funds will be invested in equity instruments.
Benchmark
BSE 500 TRI
Expense Ratio
2.39% As on (31-10-2024)
Minimum Investment | Top up
500.0 | 500.0
Total Assets
18.04 Cr As on (31-10-2024)
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
---|---|---|---|---|---|---|
JM ELSS Tax Saver Fund (Regular) - Growth option | 13.52 | 0.86 | 3.63 | 0.98 | - | - |
Equity: ELSS | - | - | - | - | - | - |
Sector | Holdings (%) |
---|---|
Banks | 14.19 |
IT - Software | 8.22 |
Consumer Durables | 7.0 |
Chemicals & Petrochemicals | 6.85 |
Pharmaceuticals & Biotechnology | 4.92 |
Electrical Equipment | 4.86 |
Finance | 4.32 |
Retailing | 4.27 |
Construction | 3.3 |
Agricultural Food & other Products | 3.05 |
Company | Holdings (%) |
---|---|
HDFC Bank Ltd. | 5.39 |
Infosys Ltd. | 4.97 |
ICICI Bank Ltd. | 3.47 |
Larsen & Toubro Ltd. | 3.3 |
State Bank of India | 2.65 |
Newgen Software Technologies Ltd. | 2.28 |
Zomato Ltd. | 2.2 |
Hindalco Industries Ltd. | 2.19 |
Bharti Airtel Ltd. | 2.12 |
Trent Ltd. | 2.07 |