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Mutual Funds

JM ELSS Tax Saver Fund

JM

JM ELSS Tax Saver Fund

ELSSRank #7
4/5

NAV (2026-07-14)

50.55

AUM

₹232.43 Cr

Exp. Ratio: 2.62%

RISK LEVEL

Very High

Returns & Performance

1 Year3.87%1.06% vs cat avgRank #3
3 Year15.33%0.06% vs cat avgRank #7
5 Year14.50%0.92% vs cat avgRank #5
Since Launch9.26%--

Fund vs Category Average

1Y
3.87%-1.06%
3Y
15.33%-0.06%
5Y
14.50%-0.92%

Pros & Cons

Pros

Top-5 ranked in category for 1Y (#3)
Overall top-10 rank in category (#7)

Cons

1Y returns trail category average
3Y returns below category average
5Y returns below category average
Higher expense ratio (2.62%)
ISININF192K01650
NAV₹50.55
NAV Date2026-07-14
AUM₹232.43 Cr
Expense Ratio2.62%
RiskVery High
Rating4 / 5
Lock-in Period3 days
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹500
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1994-09-15

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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

Gurvinder Singh Wasan

Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.

Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with JM Mutual, Principal Mutual Fund, Crisil Ltd. and ICICI Bank Ltd.

Top Holdings

Holdings data not available for this scheme