JM ELSS Tax Saver Fund
NAV
₹61.46
as of 21 Aug 2026
JM ELSS Tax Saver Fund is an open-ended ELSS scheme from JM Financial Mutual Fund managing ₹232 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹61.46 as of 21 Aug 2026. The expense ratio is 1.29% a year. Managed by Asit Bhandarkar. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.29% / yr
- as of 30 Jun 2026
- Fund size
- ₹232 crore
- as of 30 Jun 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 31 Mar 2008
- ISIN
- INF192K01CE3
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: BSE 500 Index
JM ELSS Tax Saver Fund
₹214
+114% on ₹100 over 5.0 yrs
ELSS average
₹182
+82% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 11.79% | 5.71% | +6.08 |
| 6 months | 10.80% | 2.09% | +8.71 |
| 1 year | 10.21% | 2.03% | +8.18 |
| 3 years (CAGR) | 18.19% | 13.46% | +4.73 |
| 5 years (CAGR) | 16.34% | 12.99% | +3.35 |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -6.6%
- Median
- 8.9%
- Best
- 55.4%
49 windows over the last 60 months, stepped monthly; 84% ended positive. Worst window began 1 Oct 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 16.8%
- Median
- 20.4%
- Best
- 26.7%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Apr 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.66
- Sharpe ratio (5Y)
- 0.67
- Sortino ratio (3Y)
- 1.04 vs category 0.62
- Standard deviation (3Y)
- 16.86%
- Beta (3Y)
- 1.05
- Alpha (3Y)
- 4.68%
- Deepest fall (5Y)
- -19.64%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-19.6%
Right now
-0.6% below peak
Ahead of its benchmark in 61% of months (window: 3y, monthly) — benchmark: BSE 500 Index, name shown only.
Where the money actually is
Equity
97.5%
Cash
2.5%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
56 positions · top 10 = 27.8%
Market-cap mix
Large 40.3%Mid 23.1%Small 34.1%Other 2.5%
as of 30 Jun 2026
Holdings by sector
Financial Services(3 in top 10)27.9%
- HDFC Bank Ltd3.37%
- ICICI Bank Ltd2.87%
- Karur Vysya Bank Ltd2.54%
- Consumer Cyclical18.8%
Technology(1 in top 10)10.8%
- Syrma SGS Technology Ltd3.57%
Industrials(2 in top 10)10.0%
- Polycab India Ltd2.53%
- Larsen & Toubro Ltd2.44%
- Basic Materials7.9%
Healthcare(1 in top 10)7.9%
- Max Healthcare Institute Ltd Ordinary Shares2.42%
Real Estate(1 in top 10)3.9%
- Wework India Management Ltd2.48%
- Consumer Defensive3.5%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 92.8% vs category 35.8% a year.
Other top holdings
- Reliance Industries Ltd2.97%
- Bharti Airtel Ltd2.63%
The businesses it owns
- P/E (trailing)
- 28.8 vs category 24.3
- P/B
- 3.7 vs category 3.3
- Dividend yield
- 0.8% vs category 1.2%
- Net margin
- 15.7% vs category 17.4%
- Earnings growth
- 15.0%
- Avg market cap
- ₹91,702 crore
Money in, money out
- Net flow, 12 months
- +₹19 cr
- Net flow, 3 months
- +₹1 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of JM ELSS Tax Saver Fund?
- ₹61.46 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of JM ELSS Tax Saver Fund?
- 1.29% a year for the Direct plan, as of 30 Jun 2026.
- How large is JM ELSS Tax Saver Fund?
- ₹232 crore under management as of 30 Jun 2026, in the ELSS category.
- How risky is JM ELSS Tax Saver Fund?
- Its SEBI Riskometer reading is "Very High Risk". Equity with a three-year lock and a Section 80C deduction attached.
- What are the 5-year returns of JM ELSS Tax Saver Fund?
- 16.34% a year over the last 5 years (Direct plan, CAGR), against a ELSS average of 12.99%. Past returns do not predict future returns.
- What is the worst 3-year return of JM ELSS Tax Saver Fund?
- 16.8% a year — the weakest of 25 overlapping 3-year holding periods, beginning 3 Apr 2023. The median was 20.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages JM ELSS Tax Saver Fund?
- Asit Bhandarkar, managing this fund for 4.6 years.
Where this fund sits
Its shelf, all funds
El · ELSS tax saver →
Equity with a three-year lock and a Section 80C deduction attached.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other ELSS funds
- Axis ELSS Tax Saver Fund₹32,592 crore
- SBI ELSS Tax Saver Fund₹32,300 crore
- Mirae Asset ELSS Tax Saver Fund₹26,049 crore
- DSP ELSS Tax Saver Fund₹16,738 crore
- Edelweiss ELSS Tax Saver Fund₹455 crore
- NJ ELSS Tax Saver Scheme₹332 crore
- Quantum ELSS Tax Saver Fund₹213 crore
- NAVI ELSS TAX SAVER NIFTY50 INDEX FUND₹158 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (BSE 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.