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Mirae Asset ELSS Tax Saver Fund Direct IDCW
+16.25%
3Y annualised
+0.68% 1D
NAV: 05 May '26
₹25.70
Min. for SIP
₹500
Fund size (AUM)
₹22,940.33 Cr
Expense ratio
0.66%
Rating
3
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹59,810 | -0.32% | |
| 3 years | ₹1,80,000 | ₹2,03,548 | +13.08% | |
| 5 years | ₹3,00,000 | ₹4,03,066 | +34.36% | |
| 10 years | ₹6,00,000 | ₹13,98,890 | +133.15% |
Holdings (70)
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Minimum investments
Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +16.3% | +14.9% | +18.7% | +17.9% |
| Category average (Equity ELSS) | +16.4% | +16.5% | +14.0% | -- |
| Rank (Equity ELSS) | 16 | 18 | 2 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Motilal Oswal ELSS Tax Saver Fund Direct IDCW | +17.29% | +25.65% | 3,968.68 | |
SBI ELSS Tax Saver Fund Direct Plan IDCW | +3.43% | +21.16% | 28,441.43 | |
HDFC ELSS Tax Saver Fund Direct Plan IDCW | -0.61% | +17.93% | 14,615.19 | |
Nippon India ELSS Tax Saver Fund Direct IDCW | +6.80% | +17.66% | 13,421.54 | |
Bandhan ELSS Tax Saver Fund Direct Plan IDCW | +4.73% | +14.67% | 6,273.86 | |
| Compare | ||||
Fund management
NSNeelesh SuranaNov 2015 - PresentView details
NS
Neelesh Surana
Nov 2015 - Present
View details
About Mirae Asset ELSS Tax Saver Fund Direct IDCW
Mirae Asset ELSS Tax Saver Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Neelesh Surana is the Current Fund Manager of Mirae Asset ELSS Tax Saver Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,00,688 Cr and the Latest NAV as of 05 May 2026 is ₹25.70.
The Mirae Asset ELSS Tax Saver Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
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Investment Objective
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#13 in India
Total AUM₹2,00,687.68 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,