Mirae Asset ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
17.35%
3Y annualised
-1.65% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Dec 2024₹52.65
Min. SIP amount₹500
Rating3
Fund size₹26,417.64Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns22.9%17.4%21.2%20.3%
Category average23.1%17.9%19.2%NA
Rank with in category242413NA
Understand terms

Peer Comparison

Holdings (93)

NameSectorInstrumentAssets
FinancialEquity8.21%
FinancialEquity4.82%
FinancialEquity4.59%
FinancialEquity4.23%
TechnologyEquity4.19%
ConstructionEquity3.57%
TechnologyEquity2.85%
FinancialEquity2.41%
ServicesEquity2.01%
CommunicationEquity1.90%
EnergyEquity1.88%
Metals & MiningEquity1.70%
HealthcareEquity1.62%
ServicesEquity1.59%
ServicesEquity1.57%
Consumer DiscretionaryEquity1.54%
AutomobileEquity1.48%
HealthcareEquity1.43%
TechnologyEquity1.42%
Consumer StaplesEquity1.38%
DiversifiedEquity1.38%
ConstructionEquity1.38%
InsuranceEquity1.36%
Capital GoodsEquity1.30%
EnergyEquity1.21%
ServicesEquity1.21%
Metals & MiningEquity1.16%
EnergyEquity1.15%
AutomobileEquity1.08%
AutomobileEquity1.07%
AutomobileEquity1.07%
EnergyEquity1.06%
FinancialEquity1.04%
ServicesEquity1.02%
Consumer StaplesEquity1.00%
AutomobileEquity0.97%
ServicesEquity0.96%
HealthcareEquity0.96%
Metals & MiningEquity0.93%
EnergyEquity0.91%
HealthcareEquity0.90%
InsuranceEquity0.89%
Capital GoodsEquity0.84%
Consumer StaplesEquity0.84%
FinancialEquity0.82%
CommunicationEquity0.81%
InsuranceEquity0.79%
ServicesEquity0.76%
ConstructionEquity0.75%
TechnologyEquity0.75%
ServicesEquity0.75%
Metals & MiningEquity0.71%
ChemicalsEquity0.71%
Consumer DiscretionaryEquity0.66%
HealthcareEquity0.63%
FinancialEquity0.60%
ServicesEquity0.60%
Capital GoodsEquity0.59%
Consumer DiscretionaryEquity0.57%
TextilesEquity0.56%
EnergyEquity0.55%
Capital GoodsEquity0.50%
ServicesEquity0.48%
ConstructionEquity0.48%
ChemicalsEquity0.45%
FinancialEquity0.43%
Metals & MiningEquity0.43%
FinancialEquity0.43%
Capital GoodsEquity0.41%
InsuranceEquity0.38%
Consumer StaplesEquity0.36%
ChemicalsEquity0.36%
ServicesEquity0.36%
AutomobileEquity0.35%
TechnologyEquity0.34%
HealthcareEquity0.30%
AutomobileEquity0.20%
EnergyEquity0.19%
Metals & MiningEquity0.19%
EnergyEquity0.19%
ConstructionEquity0.17%
HealthcareEquity0.17%
EnergyEquity0.17%
FinancialEquity0.13%
TechnologyEquity0.06%
ConstructionEquity0.04%
Consumer DiscretionaryEquity0.03%
AutomobileEquity0.02%
Consumer StaplesEquity0.02%
Consumer StaplesEquity0.01%
HealthcareEquity0.00%
HealthcareEquity0.00%
Mirae Asset Liquid Fund Direct- Growth
NAMutual Fund0.00%
See All

Pros and cons

Category: Equity ELSS

Pros

5Y annualised returns higher than category average by 1.97%
Exit load is zero
Lower expense ratio: 0.61%

Cons

Consistently lower annualised returns than category average for the past 1Y and 3Y
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 0.61%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (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%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Neelesh Surana
Nov 2015 - Present
View details

Education
Mr. Surana is B.E (Mechanical) and MBA in Finance.
Experience
Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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