Can I invest in SIP and Lumpsum in JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in JM ELSS Tax Saver Fund - Direct (IDCW). Minimum lumpsum investment JM ELSS Tax Saver Fund - Direct (IDCW) is ₹500 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

The latest NAV ( Net Asset Value ) of JM ELSS Tax Saver Fund - Direct (IDCW) is JM ELSS Tax Saver Fund - Direct (IDCW) is ₹48.12 as on 2025-04-11.

Which are the biggest stock holdings of JM ELSS Tax Saver Fund - Direct (IDCW)?

The 5 biggest stock holdings of JM ELSS Tax Saver Fund - Direct (IDCW) are: ICICI Bank (5.73%), HDFC Bank (4.89%), Infosys (3.93%), Bajaj Auto (3.13%), St Bk of India (3.06%)

What are the top sectors JM ELSS Tax Saver Fund - Direct (IDCW) invests in?

A majority of JM ELSS Tax Saver Fund - Direct (IDCW) 's AUM worth ₹183.63 (Cr) is invested in these 3 top sectors: Banks : 15.49% Finance : 9.44% Consumer Durables : 9.30%

Mutual Funds
AMC
JM ELSS Tax Saver Fund - Direct (IDCW)

JM ELSS Tax Saver Fund - Direct (IDCW)

ELSS

Invest Now

NAV
48.12(2.10%)
Fund Size (CR)
₹183.63
Expense Ratio
1.27
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹0
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
16.70%

Absolute Return: -6.42%

Annualized Return: 0%

Basic Details

Scheme Manager

Deepak Gupta

Bench Mark

BSE 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	4 April 2025	10001.12	0.01%	-	-0.06%	66/221
1 Month	11 March 2025	10122.24	1.22%	-	2.27%	179/221
3 Month	10 January 2025	9134.70	-8.65%	-	-6.96%	141/217
6 Month	11 October 2024	8491.43	-15.09%	-	-13.33%	142/217
1 Year	10 April 2024	10429.85	4.30%	4.30%	0.80%	42/217
3 Year	11 April 2022	15750.55	57.51%	16.33%	13.07%	26/207
5 Year	9 April 2020	32706.14	227.06%	26.69%	25.12%	56/207
Since Inception	2 January 2013	66635.65	566.36%	16.70%	14.58%	53/221

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	2 May 2024	1,20,000	109911.55	-8.41%	-8.41%
3 Year	2 May 2022	3,60,000	454597.75	26.28%	8.09%
5 Year	4 May 2020	6,00,000	953084.57	58.85%	9.70%
10 Year	4 May 2015	12,00,000	2917996.01	143.17%	9.29%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.64%

Standard Deviation

1.01%

Beta

0.73%

Sharpe Ratio

0.03%

Treynor's Ratio

3.71%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
ICICI Bank	5.73%	77975	10.51	Equity	Banks
HDFC Bank	4.89%	49131	8.98	Equity	Banks
Infosys	3.93%	45965	7.22	Equity	IT - Software
Bajaj Auto	3.13%	7300	5.75	Equity	Automobile
St Bk of India	3.06%	72900	5.62	Equity	Banks
Bajaj Finance	3.04%	6250	5.59	Equity	Finance
Maruti Suzuki	2.95%	4706	5.42	Equity	Automobile
Bharti Airtel	2.90%	30700	5.32	Equity	Telecomm-Service
Larsen & Toubro	2.75%	14447	5.05	Equity	Infrastructure Developers & Operators
OneSource Speci.	2.69%	28195	4.94	Equity	Miscellaneous

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
JM ELSS Tax Saver Fund - Direct (IDCW)	183.63	1.22%	-8.65%	-15.09%	4.30%	16.33%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	342.25	6.28%	-2.48%	-4.74%	24.85%	17.49%
SBI Long Term Advantage Fund - Series V -Dir (G)	342.25	6.28%	-2.48%	-4.74%	24.85%	17.49%
DSP ELSS Tax Saver Fund - Direct (G)	16217.91	2.75%	-2.27%	-9.00%	10.14%	16.86%
LIC MF ELSS Tax Saver - Direct (G)	1088.39	2.25%	-6.54%	-9.92%	9.88%	13.65%
LIC MF ELSS Tax Saver - Direct (IDCW)	1088.39	2.25%	-6.54%	-9.93%	9.86%	13.47%

List of Schemes under JM Financial Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
JM Small Cap Fund	Equity	Very High	0%	0	₹594.06
JM Midcap Fund	Equity	Very High	5.66%	0	₹1,261.10
JM Short Duration Fund	Debt	Moderate	9%	2	₹115.23
JM Overnight Fund	Debt	Low	6.54%	2	₹237.72
JM ELSS Tax Saver Fund	Equity	Very High	4.3%	4	₹183.63
JM Flexicap Fund	Equity	Very High	2.13%	5	₹5,263.18
JM Low Duration Fund	Debt	Moderately Low	8.15%	3	₹223.94
JM Medium to Long Duration Fund	Debt	Moderate	10.31%	2	₹23.67
JM Liquid Fund	Debt	Moderately Low	7.31%	2	₹2,805.99
JM Dynamic Bond Fund	Debt	Moderate	10.59%	3	₹44.80
JM Large Cap Fund	Equity	Very High	-3.86%	4	₹490.71
JM Focused Fund	Equity	Very High	-0.35%	4	₹246.58
JM Value Fund	Equity	Very High	-0.98%	4	₹987.88
JM Aggressive Hybrid Fund	Hybrid	Very High	3.96%	5	₹767.72
JM Arbitrage Fund	Hybrid	Low	7.37%	2	₹186.62
JM Overnight Fund	Debt	Low	0%	0	₹237.72
JM Liquid Fund	Debt	Moderately Low	0%	0	₹2,805.99
JM Corporate Bond Fund	Debt	Moderate	0%	0	₹0.00
JM Overnight Fund	Debt	Low	6.54%	0	₹237.72
JM Liquid Fund	Debt	Moderately Low	0%	0	₹2,805.99
JM Overnight Fund	Debt	Low	0%	0	₹237.72
JM Liquid Fund	Debt	Moderately Low	0%	0	₹2,805.99
JM Overnight Fund	Debt	Low	6.79%	0	₹237.72

News

JM Financial MF announces change in Fund Management responsibilities of the following schemes

JM Financial Mutual Fund has announced change in Fund Management responsibilities of the following schemes with effect from: 11 April 2025

Change in Fund Manager Management responsibilities:

Fund Manager:

Name of the Scheme(s)	Existing Fund Manager(s)	Fund Managers & Co-Fund Manager(s)
JM Flexicap Fund	Fund Manager: Mr. Satish Ramanathan Co-Fund Managers: Mr. Asit Bhandarkar Mr. Chaitanya Choksi Ms. Ruchi Fozdar (Debt Portion)	Fund Manager: Mr. Satish Ramanathan Co-Fund Managers: Mr. Asit Bhandarkar Mr. Deepak Gupta Ms. Ruchi Fozdar (Debt Portion)
JM Large Cap Fund	Fund Managers: Mr. Satish Ramanathan Co-Fund Managers: Mr. Asit Bhandarkar Mr. Deepak Gupta Ms. Ruchi Fozdar (Debt Portion)	Fund Manager: Mr. Deepak Gupta Co-Fund Managers: Mr. Asit Bhandarkar Mr. Satish Ramanathan Ms. Ruchi Fozdar (Debt Portion)
JM Value Fund	Fund Manager : Mr. Satish Ramanathan Co-Fund Managers: Mr. Asit Bhandarkar Mr. Chaitanya Choksi Ms. Ruchi Fozdar (Debt Portion)	Fund Manager : Mr. Satish Ramanathan Co-Fund Managers: Mr. Asit Bhandarkar Mr. Deepak Gupta Ms. Ruchi Fozdar (Debt Portion)
JM Focused Fund	Fund Manager : Mr. Asit Bhandarkar Co-Fund Managers: Mr. Satish Ramanathan Mr. Chaitanya Choksi Ms. Ruchi Fozdar (Debt Portion)	Fund Manager : Mr. Asit Bhandarkar Co-Fund Managers: Mr. Satish Ramanathan Mr. Deepak Gupta Ms. Ruchi Fozdar (Debt Portion)
JM ELSS Tax Saver Fund	Fund Manager : Mr. Chaitanya Choksi Co-Fund Managers: Mr. Satish Ramanathan Mr. Asit Bhandarkar Ms. Ruchi Fozdar (Debt Portion)	Fund Manager : Mr. Deepak Gupta Co-Fund Managers: Mr. Satish Ramanathan Mr. Asit Bhandarkar Ms. Ruchi Fozdar (Debt Portion)
JM Aggressive Hybrid Fund	Fund Manager : Mr. Asit Bhandarkar Co-Fund Managers: Mr. Satish Ramanathan Mr. Chaitanya Choksi Ms. Ruchi Fozdar (Debt Portion)	Fund Manager : Mr. Asit Bhandarkar Co-Fund Managers: Mr. Satish Ramanathan Mr. Deepak Gupta Ms. Ruchi Fozdar (Debt Portion)
JM Arbitrage Fund	Fund Manager : Mr. Asit Bhandarkar Co-Fund Managers: Mr. Satish Ramanathan Mr. Chaitanya Choksi Ms. Ruchi Fozdar (Debt Portion)	Fund Manager : Mr. Asit Bhandarkar Co-Fund Managers: Mr. Satish Ramanathan Mr. Deepak Gupta Ms. Ruchi Fozdar (Debt Portion)
JM Midcap Fund	Fund Manager : Mr. Satish Ramanathan Co-Fund Managers: Mr. Asit Bhandarkar Mr. Chaitanya Choksi Ms. Ruchi Fozdar (Debt Portion)	Fund Manager : Mr. Satish Ramanathan Co-Fund Managers: Mr. Asit Bhandarkar Mr. Deepak Gupta Ms. Ruchi Fozdar (Debt Portion)
JM Small Cap Fund	Fund Manager : Mr. Asit Bhandarkar Co-Fund Managers: Mr. Satish Ramanathan Mr. Chaitanya Choksi Ms. Ruchi Fozdar (Debt Portion)	Fund Manager : Mr. Asit Bhandarkar Co-Fund Managers: Mr. Satish Ramanathan Mr. Deepak Gupta Ms. Ruchi Fozdar (Debt Portion)

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JM Financial MF announces change in Fund Manager of the following scheme

JM Financial Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 27 January 2025

Change in Fund Manager of the Scheme:

Scheme Name	Existing Fund Manager	New Fund Manager
JM Large Cap Fund	Mr. Satish Ramanathan Co-Fund Managers: Mr. Chaitanya Choksi, Mr. Asit Bhandarkar & & Ms. Ruchi Fozdar (Debt Portion)	Mr. Satish Ramanathan Co-Fund Managers: Mr. Asit Bhandarkar , Mr. Deepak Gupta & Ms. Ruchi Fozdar (Debt Portion)

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JM MF announces change in Fund Manager of the following schemes

JM Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 05 November 2024

Change in Fund Managers of the Schemes:

Scheme Name	Fund Manager	Co-Fund Managers
JM Overnight Fund	Mr. Killol Pandya	Ms. Naghma Khoja Ms. Ruchi Fozdar
JM Liquid Fund	Mr. Killol Pandya	Ms. Naghma Khoja Ms. Ruchi Fozdar
JM Short Duration Fund	Mr. Killol Pandya	Ms. Naghma Khoja Ms. Ruchi Fozdar
JM Dynamic Bond Fund	Mr. Killol Pandya	Ms. Naghma Khoja Ms. Ruchi Fozdar
JM Low Duration Fund	Mr. Killol Pandya	Ms. Naghma Khoja Ms. Ruchi Fozdar
JM Medium to Long Duration Fund	Mr. Killol Pandya	Ms. Naghma Khoja Ms. Ruchi Fozdar

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Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹183.63

JM ELSS Tax Saver Fund - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, JM Financial Mutual Fund. Launched in 1 January 2013, this fund is managed by Deepak Gupta. With assets under management (AUM) worth ₹183.63 (Cr), as of 11 April 2025, JM ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 16.70% since its launch.
The current NAV of JM ELSS Tax Saver Fund - Direct (IDCW) is ₹48.12, as on 11 April 2025. The fund's benchmark index is BSE 500 TRI. You can invest in JM ELSS Tax Saver Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 16.33% and 26.69% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.83% in Equity, 2.96% in Debt and 0.21% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.49% in Banks, 9.44% in Finance, 9.30% in Consumer Durables, 8.71% in Pharmaceuticals & Biotech, 8.37% in IT-Software

FAQs

How to Invest in JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

JM ELSS Tax Saver Fund - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 16.70% since inception. Looking to invest in JM ELSS Tax Saver Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in JM ELSS Tax Saver Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, JM ELSS Tax Saver Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in JM ELSS Tax Saver Fund - Direct (IDCW) today and reap the benefits of this ELSS fund!

How much returns has JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, JM ELSS Tax Saver Fund - Direct (IDCW) has generated annualised return of 4.30%. In the long-term, the fund has generated 16.33% and 26.69% in 3 and 5 years respectively. Since its inception, the fund has generated 16.70% returns.

What is the expense ratio of JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

The expense ratio of JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth is 1.27%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of JM ELSS Tax Saver Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of JM ELSS Tax Saver Fund - Direct (IDCW) is ₹183.63 (Cr) as of 2025-04-11 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from JM ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of JM ELSS Tax Saver Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from JM ELSS Tax Saver Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case JM ELSS Tax Saver Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).