Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
JM ELSS Tax Saver Fund (Direct) - IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 1/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 54/100 · Average
How this score is calculated
- Star rating (35%)1/5
- 3Y CAGR (30%)10.0%
- Expense ratio (20%)1.05%
- AUM (15%)₹32,667 Cr
Not investment advice — an analytical read of public fund data. Methodology →
JM Financial Mutual Fund · Equity · ELSS
₹108.83
AUM: ₹32,667 Cr
NAV updated 10 days ago
Plan
Direct
Option
Idcw
Risk
High
Expense Ratio
1.05%
Exit Load
Nil
Fund Manager
Jinesh Gopani
Inception
Jan 2013
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
0.25
Std Dev (1Y)
15.13%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-3.06%
3m
+1.2%
6m
+7.49%
1y
-2.16%
3y
+10.0%
5y
+5.38%
10y
+12.06%
since inception
+16.52%
TopFund's Take on JM ELSS Tax Saver Fund (Direct) - IDCW
JM ELSS Tax Saver Fund (Direct) - IDCW sits in the middle of the pack for ELSS funds, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 54/100.
Cost: At 1.05%, the expense ratio is roughly in line with the ELSS category average of 1.06% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.25 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 15.13% is fairly typical for ELSS funds.
Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about JM ELSS Tax Saver Fund (Direct) - IDCW
The current NAV (Net Asset Value) of JM ELSS Tax Saver Fund (Direct) - IDCW is ₹108.83. NAV is updated every business day after market close by AMFI.
1Y: -2.16% · 3Y CAGR: 10.0% · 5Y CAGR: 5.38%
The expense ratio of JM ELSS Tax Saver Fund (Direct) - IDCW is 1.05% per annum. This is the annual fee charged by the fund to manage your investment.
JM ELSS Tax Saver Fund (Direct) - IDCW is managed by Jinesh Gopani at JM Financial Mutual Fund.
JM ELSS Tax Saver Fund (Direct) - IDCW is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
JM ELSS Tax Saver Fund (Direct) - IDCW is a ELSS fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in JM ELSS Tax Saver Fund (Direct) - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of JM ELSS Tax Saver Fund (Direct) - IDCW is ₹32,667 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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