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Mirae Asset Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
24.94%
3Y annualised
-2.73% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jan 2022₹33.51
Min. SIP amount₹500
Rating5
Fund size₹10,660.11Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns29.3%24.9%22.1%22.0%
Category average54.9%14.2%14.3%NA
Rank with in category1432NA
Understand terms

Holdings (59)

NameSectorInstrumentAssets
FinancialEquity7.8%
TechnologyEquity7.5%
FinancialEquity7.3%
EnergyEquity5.1%
FinancialEquity4.2%
TechnologyEquity3.8%
FinancialEquity3.6%
HealthcareEquity2.3%
ConstructionEquity2.2%
ConstructionEquity2.1%
See All

Pros and cons

Category: Equity ELSS

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 5.01 The fund has generated returns higher than benchmark - NIFTY 200 TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 0.41%

Cons

1Y annualised returns lower than category average by 22.57%
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 0.41%

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 terms
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

Fund house contact details

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