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JM ELSS - Tax Saver Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

JM Financial Mutual Fund · Equity fund · Direct plan · IDCW

ELSS (tax saver)Direct · IDCWRisk: Very High

NAV · 6 Nov 2026

₹58.7290 ▼ 0.16%

JM Financial Mutual Fund

Fund size₹243 crJuly - September 2026

1-month range₹54.62 – 58.82

1 year+6.04%

Expense ratio1.31%direct plan, a year

5 years+13.46%a year

What the fund does

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.

BenchmarkBSE 500 TRI

Launched31 Mar 2008

Fund houseJM Financial Mutual Fund

Fund managersDeepak Guptasince 11 Apr 2025Satish Ramanathansince 1 Oct 2024Asit Bhandarkarsince 28 Dec 2021Ruchi Fozdarsince 4 Oct 2024

NAV history

Returns

1 week

+5.16%avg 6.4%

1 month

+1.67%avg 4.8%

3 months

-1.83%avg -0.8%

6 months

+6.52%avg 3.1%

This year

+4.59%avg 0.5%

1 year

+6.04%avg 1.3%

3 years (a year)

+16.90%avg 13.0%

5 years (a year)

+13.46%avg 11.5%

Bars: this plan; the thin mark is the ELSS (tax saver) average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-0.2
2025	-6.0	-8.8	+6.6	+1.3	+4.0	+4.4	-1.7	-0.4	+0.2	+5.1	+1.3	-1.3
2026	-5.4	-0.2	-10.5	+12.0	+1.6	+4.1	+4.1	+2.2	-3.4	-3.4	+5.2

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held5355 lines in all

Top 10 stocks26.7%of the fund

Equity98.9%stocks and equity derivatives

Debt & cash1.1%everything else

Where the money is

Equity 98.9%Cash & others 1.1%

Sectors (stocks held)

Banks

12.4%

Finance

10.1%

Retailing

6.4%

Industrial Manufacturing

5.0%

Commercial Services & Supplies

4.9%

Automobiles

4.7%

Industrial Products

4.0%

Healthcare Services

3.7%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	98.9%	98.7%	+0.21
Debt	0.0%	1.0%	-0.98
Cash & others	1.1%	0.3%	+0.77
Top 10 stocks	26.7%	26.7%	-0.09
Number of stocks	53	55	-2

New stocks 1

Smartworks Coworking Spaces Limited1.33%

Stocks sold off 3

Coforge Limitedwas 2.28%
Godfrey Phillips India Limitedwas 1.26%
Spandana Sphoorty Financial Ltd. - Partly Paidwas 0.11%

Bought more 8

EPL Limited+0.90
SYRMA SGS TECHNOLOGY LIMITED+0.55
Zydus Lifesciences Limited+0.46
SML Mahindra Ltd+0.41
GNG Electronics Limited+0.41
FINOLEX CABLES LTD+0.31
Oriental Hotels Limited+0.28
Sanathan Textiles Ltd.+0.26

Cut back 1

Fortis Healthcare Limited-0.27

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 53

Holding	Sector / type	% of fund
SYRMA SGS TECHNOLOGY LIMITED INE0DYJ01015	Industrial Manufacturing	3.41%
One 97 Communications Limited INE982J01020	Financial Technology (Fintech)	3.31%
HDFC Bank Limited INE040A01034	Banks	2.90%
Karur Vysya Bank Limited INE036D01028	Banks	2.69%
ICICI Bank Limited INE090A01021	Banks	2.67%
Reliance Industries Limited INE002A01018	Petroleum Products	2.64%
Bharti Airtel Limited INE397D01024	Telecom - Services	2.41%
CarTrade Tech Limited INE290S01011	Retailing	2.30%
EPL Limited INE255A01020	Industrial Products	2.19%
Kotak Mahindra Bank Limited INE237A01036	Banks	2.11%
United Spirits Limited INE854D01024	Beverages	2.09%
Eternal Limited INE758T01015	Retailing	2.08%
Sanathan Textiles Ltd. INE0JPD01013	Textiles & Apparels	2.04%
WeWork India Management Limited INE085001019	Commercial Services & Supplies	2.04%
Manappuram Finance Limited INE522D01027	Finance	2.03%
Aditya Vision Ltd INE679V01027	Retailing	2.02%
State Bank of India INE062A01020	Banks	2.01%
Fortis Healthcare Limited INE061F01013	Healthcare Services	1.97%
BELRISE INDUSTRIES LIMITED INE894V01022	Auto Components	1.95%
Bajaj Finance Limited INE296A01032	Finance	1.94%
Shaily Engineering Plastics Limited INE151G01028	Consumer Durables	1.89%
Jindal Steel Limited INE749A01030	Ferrous Metals	1.89%
Travel Food Services Limited INE103V01028	Leisure Services	1.89%
FINOLEX CABLES LTD INE235A01022	Industrial Products	1.82%
Mahindra & Mahindra Financial Serv Ltd. INE774D01024	Finance	1.76%
Larsen & Toubro Limited INE018A01030	Construction	1.75%
Tech Mahindra Limited INE669C01036	IT - Software	1.71%
Shriram Finance Limited INE721A01047	Finance	1.70%
PNB Housing Finance Limited INE572E01012	Finance	1.69%
APAR INDUSTRIES LTD INE372A01015	Electrical Equipment	1.68%
Artemis Medicare Services Limited INE025R01021	Healthcare Services	1.67%
Adani Power Limited INE814H01029	Power	1.65%
Navin Fluorine International Limited INE048G01026	Chemicals & Petrochemicals	1.65%
SML Mahindra Ltd INE294B01019	Agricultural, Commercial & Construction Vehicles	1.65%
Bajaj Auto Limited INE917I01010	Automobiles	1.63%
Mahindra & Mahindra Limited INE101A01026	Automobiles	1.63%
BSE Ltd INE118H01025	Capital Markets	1.61%
One Source Specialty Pharma Ltd INE013P01021	Pharmaceuticals & Biotechnology	1.59%
GNG Electronics Limited INE18JU01028	IT - Hardware	1.58%
Bosch Limited INE323A01026	Auto Components	1.57%
TITAGARH RAIL SYSTEMS LIMITED INE615H01020	Industrial Manufacturing	1.57%
PERSISTENT SYSTEMS LTD INE262H01021	IT - Software	1.54%
Max Financial Services Limited INE180A01020	Insurance	1.51%
Redington Limited INE891D01026	Commercial Services & Supplies	1.51%
Zydus Lifesciences Limited INE010B01027	Pharmaceuticals & Biotechnology	1.49%
Oriental Hotels Limited INE750A01020	Leisure Services	1.46%
Sagility Limited INE0W2G01015	IT - Services	1.45%
Maruti Suzuki India Limited INE585B01010	Automobiles	1.42%
Hindalco Industries Limited INE038A01020	Non - Ferrous Metals	1.37%
Smartworks Coworking Spaces Limited INE0NAZ01010	Commercial Services & Supplies	1.33%
Prestige Estates Projects Limited INE811K01011	Realty	1.26%
INDIA CEMENTS LTD INE383A01012	Cement & Cement Products	1.17%
Spandana Sphoorty Financial Limited INE572J01011	Finance	0.97%

Show 38 moreShow fewer

Debt, money market and cash 2

Holding	Sector / type	% of fund
The Clearing Corporation of India Ltd. 01-OCT-2026	–	1.09%
Net Receivable/Payable	–	0.02%

From the fund house's monthly portfolio (jmfinancialmf.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility15.7%yearly, from daily NAVs

Worst fall-28.50%31 Jan 2020 → 31 Mar 2020

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹243 cr across all plans · this plan ₹1.30 cr
Fund house	JM Financial Mutual Fund
Category	Equity · ELSS (tax saver)
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 1.31% · Regular 2.66% (6 Nov 2026)
Minimum investment	₹500 · additional ₹500
Scheme code (AMFI)	120493
ISIN	INF192K01CD5
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹60.2135	+6.04%
Regular · Growth	₹51.8194	+4.63%
Regular · IDCW	₹51.8187	+4.63%

Top ELSS (tax saver) funds (direct plans)

Fund	1 year	3 years (a year)
Motilal Oswal ELSS Tax Saver Fund	+7.40%	+20.45%
WhiteOak Capital ELSS Tax Saver Fund	+4.41%	+17.38%
JM ELSS - Tax Saver Fund	+6.04%	+16.90%
HSBC ELSS Tax saver Fund	+4.35%	+16.82%
Baroda BNP Paribas ELSS Tax Saver Fund	+3.82%	+16.17%
Quant ELSS Tax Saver Fund	+11.12%	+15.80%
DSP ELSS Tax Saver Fund	+1.36%	+15.52%
Edelweiss ELSS Tax Saver Fund	+4.62%	+15.16%

All ELSS (tax saver) funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of JM ELSS - Tax Saver Fund - Direct Plan - IDCW today?

₹58.7290 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of JM ELSS - Tax Saver Fund - Direct Plan - IDCW?

1 year: 6.04%, 3 years: 16.90% a year, 5 years: 13.46% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.