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JM ELSS Tax Saver Fund (Direct) - Growth Option

JM Financial Mutual Fund · Equity · mandate: ≥80% in equities; 3-year lock-in (Sec 80C) · benchmark: NIFTY 500 TRI (TRI proxy)
AUM (all plans)
221 cr
TER direct / regular
1.29% / 2.62%
Active return /yr (full)
4.3%
Score
55
Rank (Score, pool)
#56 of 245
Percentile (full, pool)
74
IR vs benchmark
0.75
CAGR (absolute)
17.7%
Max drawdown
-28.5%
Months of data
163
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Cumulative active return

20192020202120222023202420252026-5821Cumulative active return vs benchmark, %
Growth of the fund relative to its benchmark: +10 means ₹100 in the fund is worth 10% more than ₹100 in the benchmark since the start of the line.

Equity curve

2013201420152016201720182019202020212022202320242025202687490892Fund (NAV=100)Benchmark: NIFTY 500 TRICategory median (Flexi)

Drawdown

20132014201520162017201820192020202120222023202420252026-28-140Drawdown %

Fiscal-year record

FYActive vs BMvs categoryIR%ileTEBenchmarkFund returnmonths
FY220.6%1.4%0.17503.3%21.6%22.2%12
FY231.8%-1.2%0.33405.4%-1.6%0.2%12
FY246.1%4.7%0.72666.2%40.1%46.1%12
FY255.9%3.3%0.92716.5%5.9%11.8%12
FY26-1.1%-1.9%-0.28304.2%-3.1%-4.3%12
FY27*11.1%9.3%17.71971.3%15.1%26.2%5
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly active returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2019-1.0-2.7+0.8-2.9
2020+1.8+2.8-2.4-4.4+0.1+1.4-1.2+0.9-0.0+1.6+2.3-0.6+1.9
2021-0.8+1.7-0.7-0.9-0.6+0.1+2.2-0.3+0.9+1.3-0.4-0.3+2.1
2022-0.4-0.1-0.9-3.1+2.0-0.9+0.8-0.8+1.0-0.0-0.8+1.0-2.3
2023+0.2+3.0-0.6-1.5+2.5+2.0-1.1+2.5-1.5-0.2+1.2-2.2+4.3
2024+2.4+1.2-0.9+4.9+0.7+2.2+0.9+1.3-1.1+0.9-0.7+0.9+13.3
2025-2.3-1.0-0.7-1.9+0.4+0.7+0.7+1.9-0.9+0.6+0.3-1.0-3.4
2026-2.1-0.6+0.9+1.5+1.6+2.5+2.0+2.0+7.8
Fund monthly return minus benchmark; the year column compounds each separately and differences them.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2013-7.0-1.4+8.8+1.2-3.4-4.7-6.5+5.6+10.7+1.9+2.7+6.3
2014-6.0+6.1+9.4+0.4+13.5+8.7-0.9+4.1+3.3+5.1+5.1-1.7+56.4
2015+7.6-2.2-1.4-3.0+4.3+1.6+2.4-6.3-2.5+0.8-0.5+0.8+0.9
2016-5.1-7.6+9.4+2.0+4.3+2.8+8.1+3.5-0.0+1.0-6.9-2.4+7.6
2017+7.9+5.0+5.7+4.7+2.0-2.0+6.2+1.1-0.1+3.6+0.0+3.4+44.1
2018-0.2-3.3-1.7+5.3-0.0-3.5+6.6+1.7-10.9-3.0+6.0+0.3-3.9
2019-2.0+1.1+7.3-0.5+3.9-0.0-6.9+1.9+8.2+2.8-1.4+1.4+15.8
2020+1.6-3.4-25.9+9.6-2.2+9.6+5.5+4.4-0.3+4.2+14.1+6.8+19.2
2021-2.7+9.5+0.3-0.5+6.4+2.1+3.7+6.3+4.3+1.6-3.2+2.1+33.2
2022-0.9-4.1+3.2-3.8-2.3-5.9+10.4+3.8-2.2+4.1+2.6-2.2+1.5
2023-3.1+0.2-0.3+3.1+6.3+6.3+2.8+1.8+0.6-3.0+8.3+5.8+32.2
2024+4.3+2.7-0.1+8.4+1.4+9.1+5.2+2.3+1.0-5.4-0.7-0.4+30.6
2025-5.8-8.8+6.6+1.3+4.0+4.4-2.1+0.0+0.3+4.9+1.3-1.3+3.8
2026-5.4-0.2-10.5+12.0+1.6+4.1+4.1+2.3+6.6

Quarterly average AUM & estimated net flows

2013201420152016201720182019202020212022202320242025202626125224AUM (quarter avg), ₹cr
-3425
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.