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Mirae Asset Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock Inlock
29.16%
3Y annualised
+1.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 Oct 2021₹35.55
Min. SIP amount₹500
Rating5star
Fund size₹9,831.97 Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns68.5%29.2%23.4%24.4%
Category average54.9%14.2%14.3%NA
Rank with in category1132NA
Understand termsinfo

Holdings (57)

NameSectorInstrumentAssets
FinancialEquity8.4%
FinancialEquity7.1%
TechnologyEquity6.4%
FinancialEquity4.6%
TechnologyEquity4.0%
Reliance Industries Ltd - Partly Paid Equity
EnergyPPE4.0%
State Bank of India
FinancialEquity3.7%
CommunicationEquity3.2%
FinancialEquity2.5%
ConstructionEquity2.3%
See All

Pros and cons

info
Category: Equity ELSS
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Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 5.39 The fund has generated returns higher than benchmark - NIFTY 200 TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 0.45%
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Cons

Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 0.45%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand termsinfo
Check past data

Minimum investment amounts

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

Fund house & investment objective

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Fund house contact details

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