Jm Elss Tax Saver Fund-regular Plan Growth

Jm Elss Tax Saver Fund-regular Plan Growth is a scheme launched by Jm Financial Mutual Fund on April 23, 2008, and falls under the ELSS fund category. It currently manages an AUM of Rs 180.14 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 2.39% for managing the portfolio.

• Investing Strategy:

  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

• Performance:

  Jm Elss Tax Saver Fund-regular Plan Growth trailing returns over different times are -4.94% (1 year), 20.27% (3 year) and 23.03% (5 year). The average annual return of this fund stands at 0.6%.