JM ELSS TAX SAVER FUND(G)

Product name Return type 1 yr(%) 3 yr(%) 5 yr(%)

JM ELSS TAX SAVER FUND(G)

market linked 45.70 % 20.28 % 18.98 %

BenchMark : S&P BSE 500 - TRI

BenchMark Return 41.72 19.44 17.56

Value of Rs. 1,00,000 Invested

current value 145700 174012 238434
scheme 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.
Category Mutual Fund > Equity > ELSS
Fund Type Open Ended
Fund Manager Chaitanya Choksi
Minimum Amount for Lumpsum Investment (Rs.) 500
Minimum Amount for SIP Investment (Rs.) 500
Nav Date 27/03/2024
Nav 39.97
AUM (Cr.) 120.56
AUM Date 29/02/2024
Expense Ratio Currently 2
Expense Ratio Date Currently 29/02/2024
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load NIL
Exit Load Nil
Tax Treatment of Income 15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment Available under section 80C of Income Tax Act.
Withdrawal Anytime
Pros
Cons
Risk Factor All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.
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