Primarily market-linked growth exposure
The investment objective is 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,There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity and Equity related instruments - 80%-100%, Money Market Instruments / InvITs/ Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds^ - 0%-20% ^Any other security as may be permitted by SEBI/ RBI from time to time. Other Liquid instruments includes cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI. The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund.
- SEBI category
- ELSS – Tax Saver Fund
- Fund type
- An open ended scheme with attributes in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance.
- Primary benchmark
- BSE 500 TRI
- Secondary benchmark
- Nifty 50 TRI
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Deepak Gupta, Mr. Satish Ramanathan, Mr. Asit Bhandarkar, Ms. Ruchi Fozdar
- Manager tenure on this scheme
- Since Mr. Deepak Gupta - 11/04/2025, Mr. Satish Ramanathan - 01/10/2024, Mr. Asit Bhandarkar - 28/12/2021, Ms. Ruchi Fozdar- 04/10/2024
- Role / co-management
- Fund Manager - Mr. Deepak Gupta, Co-Fund Managers - Mr. Satish Ramanathan, Mr. Asit Bhandarkar, Ms. Ruchi Fozdar (For Debt portion only)
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| JM ELSS - Tax Saver Fund - Direct Plan - Growth Option | ₹61.2133 | 04 Sep 2026 |
| JM ELSS - Tax Saver Fund - Direct Plan - IDCW Option | ₹59.7041 | 04 Sep 2026 |
| JM ELSS - Tax Saver Fund - Regular Plan - Growth Option | ₹52.8013 | 04 Sep 2026 |
| JM ELSS - Tax Saver Fund - Regular Plan - IDCW Option | ₹52.8005 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.68%, Direct 1.34%
- Exit load
- Nil
- Minimum application
- 500 · multiples of 500
- SIP frequency
- SIP - Daily, Weekly, Fortnightly, Monthly, Quarterly, STP - Daily, Weekly, Fortnightly, Monthly, Quarterly, SWP - Monthly, Quarterly, Half Yearly, Yearly
- Minimum SIP amount
- SIP - Daily, Weekly and Fortnightly - Rs. 500 - 6 Installments ; Monthly and Quarterly - Rs. 1000 - 6 Installments, STP- Daily : 500 each instalment. Further in multipes of Re 1/- Weekly/Fortnightly/Monthly/ : 500 or 1000 each instalment. in multiple of Re 1/-. Quaterly : 3000 each Instalment, SWP - Fixed Amount Withdrawal (FAW) - 5 instalments for Rs. 500/- each. Further in multiples of Re. 1/-; Capital Appreciation Withdrawal (CAW) - 5 instalments for Rs. 500/- each. Further in multiples of Re. 1/-
- Minimum instalments
- SIP - Daily, Weekly, Fortnightly, Monthly, Quarterly - 6; STP - Daily - 60, Weekly - 12 , Fortnightly - 12 , Monthly - 12, Quarterly - 2 , SWP- 5 Instalments
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.