JM ELSS Tax Saver Fund
ELSS
Launch Date: 24 Dec 2007
Suitable for
Investment Period
5+ year investments
Moderate risk investors
Okay with some fluctuations but prefer steadier growth.
JM ELSS Tax Saver Fund
ELSS
Fund Health
Returns 📈
Typically 13-21% if held 5+ years
Risk ⚠️
Risk of less than FD returns -
Low
Quality 🏆
Extra Returns for the Risk -
Strong
Consistency of Performance -
Good
Peer Performance
| Fund | Rolling 5Y Returns | Last 3Y Returns | Risk < FD Returns | Consistency Of Performance |
|---|---|---|---|---|
Jm Elss Tax Saver Fund | 18% | 17% | 8% | Good |
Dsp Elss Tax Saver Fund | 18% | 18% | 9% | Strong |
Quant Elss Tax Saver Fund | 25% | 16% | 7% | Good |
Nifty 500 Benchmark | 15% | 16% | 9% | — |
Elss Category Average | 16% | 15% | 11% | — |
Return
Long Term -
Good
Better or close to other funds / index
Recent
Good
Better or close to other funds / index
Overall
Strong
Does well in both long-term and recent performance
Risk
Risk of low returns
Good
Better or close to other funds in avoiding low returns
Extra Return for the Risk
Good
Delivers strong returns for the risk taken compared to peers
Consistency
Good
Consistently outperforms - rarely underperforms compared to peers
Overall Performance
Overall
Strong
Strong overall performance across all metrics
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Track Record
Recent Performance
+40%
+20%
0%
-20%
2022
2023
2024
2025
2026
Index
Fund
When market falls
-0%
-10%
-20%
-30%
-40%
-50%
Feb '16
Dec '16
Oct '18
Mar '20
Jun '22
Index
Fund
During big market falls, your fund tracks the market.
Recovery time after falls
21 months
Fund
|
22 months
Index
Average time taken to recover after a major fall
Fastest recovery
4 mth|3 mth
Slowest recovery
44 mth|62 mth
Details
AUM
₹38 Cr
Expense Ratio
1.05%
Exit Load
Nil
Minimum Amount
N/A
Fund Manager
Mr. Deepak Gupta, Mr. Satish Ramanathan, Mr. Asit Bhandarkar, Ms. Ruchi Fozdar
Fund House
JM Financial Asset Management Limited
Launch Date
24 Dec 2007
Age
18 years
Category
ELSS
Benchmark
Nifty 500 TRI
FAQs
Is JM ELSS Tax Saver Fund a good mutual fund?
JM ELSS Tax Saver Fund is a Strong fund based on its returns, risk and consistency.
Historically:
•
Typical returns have been around 18%
•
Risk of earning less than FD returns has been Low
•
Performance consistency has been Good
Compared with other funds in the ELSS category, it has delivered better returns while taking less risk.
This fund may be suitable for investors with an investment horizon of at least 5+ years.
Should I invest in JM ELSS Tax Saver Fund?
If you're looking for a ELSS fund, JM ELSS Tax Saver Fund is one of the stronger options based on its long-term returns, risk management and consistency.
However, your investment horizon, risk tolerance and existing portfolio should also be considered before investing.
Is JM ELSS Tax Saver Fund safe?
No equity mutual fund is completely safe.
Compared with similar funds, JM ELSS Tax Saver Fund has shown Good downside protection.
Historically, investors holding the fund for 3 years earned less than FD returns in approximately 8% of periods.
This suggests the fund carries less risk relative to its peers.
Can I lose money in JM ELSS Tax Saver Fund?
Yes.
Like all equity mutual funds, JM ELSS Tax Saver Fund can generate negative returns over shorter periods.
Historically, investors holding the fund for 5+ years experienced negative returns in approximately 0% of periods.
The probability generally decreases as the investment horizon increases.
What returns can I expect from JM ELSS Tax Saver Fund?
Historically, investors holding JM ELSS Tax Saver Fund for 5+ years experienced:
•
Typical returns around 18% p.a.
•
Best represented by recent returns of 15% p.a.
•
Worst historical outcome of 2% p.a.
Actual future returns will differ, but historical rolling returns provide a realistic range of outcomes.
How risky is JM ELSS Tax Saver Fund?
JM ELSS Tax Saver Fund has a Low risk profile compared with similar funds.
Historically:
•
Probability of earning less than FD returns: 8%
•
Average fall during major market declines: 22%
•
Average recovery time: 21 months
How does JM ELSS Tax Saver Fund perform during market crashes?
During major market declines, JM ELSS Tax Saver Fund has historically fallen around 22% compared with 21% for its benchmark.
This means the fund has protected investors worse than the benchmark during difficult periods.
How long does JM ELSS Tax Saver Fund take to recover after a fall?
Historically, JM ELSS Tax Saver Fund has taken around 21 months to recover from major market declines.
The benchmark recovered in approximately 22 months.
Faster recovery times generally indicate stronger resilience during market corrections.
Who should invest in JM ELSS Tax Saver Fund?
JM ELSS Tax Saver Fund may be suitable for investors who:
•
Have an investment horizon of at least 5+ years
•
Are comfortable with Moderate risk
•
Want exposure to ELSS funds
Who should avoid JM ELSS Tax Saver Fund?
This fund may not be suitable for investors who:
•
Need money within 5+ years
•
Cannot tolerate market volatility
•
Prefer guaranteed returns
•
Are looking for a different investment style
Is JM ELSS Tax Saver Fund suitable for SIP investing?
JM ELSS Tax Saver Fund can be suitable for SIP investors with a horizon of at least 5+ years.
SIPs can help reduce the impact of short-term market volatility by investing across different market conditions.
What is the probability that JM ELSS Tax Saver Fund earns less than a fixed deposit?
Historically, investors holding JM ELSS Tax Saver Fund for 3 years earned less than FD returns in approximately 8% of periods.
This metric helps investors understand downside risk rather than focusing only on average returns.
How consistent is JM ELSS Tax Saver Fund?
JM ELSS Tax Saver Fund has shown Good consistency compared with other funds in its category.
Historically:
•
Top performer: 39%
•
Bottom performer: 10%
Is the extra return from JM ELSS Tax Saver Fund worth the risk?
Risk-adjusted performance measures whether investors were adequately rewarded for the risks taken.
Historically, JM ELSS Tax Saver Fund delivered Good risk-adjusted returns compared with similar funds.
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