Mirae Asset Tax Saver Fund Regular Dividend+0.43%

5Groww
-0.54%
1 Year Return
Equity
ELSS
5.0 star
6M
1Y
3Y
All

Fund Details

Mirae Asset Tax Saver Fund Regular Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.02%
NAV14.38 (18 Sep 2019)
Fund Started28 Dec 2015
Fund Size2,306 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Tax Saver Fund Regular Dividend
-0.5%
12.2%
NA
15.1%
Category Average
-12.5%
6.8%
11.9%
-
Rank within category
2
1
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with -0.5% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk is lower compared to the benchmark
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. Exit load is zero
    Cons
    1. Higher expense ratio

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity8.9%
    ICICI Bank Ltd.FinancialEquity6.4%
    Reliance Industries Ltd.EnergyEquity4.7%
    Axis Bank Ltd.FinancialEquity4.1%
    State Bank of IndiaFinancialEquity4.0%
    Tata Consultancy Services Ltd.TechnologyEquity3.7%
    Indusind Bank Ltd.FinancialEquity3.7%
    ITC Ltd.FMCGEquity3.7%
    Infosys Ltd.TechnologyEquity3.3%
    Larsen & Toubro Ltd.ConstructionEquity3.1%
    See All

    Other Details

    Mirae Asset Tax Saver Fund Regular Dividend is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was introduced to investors on 28 Dec 2015. Neelesh Surana is the Current Fund Manager of Mirae Asset Tax Saver Fund Regular Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,306 Cr and the Latest NAV as of 18 Sep 2019 is ₹14.38.

    The Mirae Asset Tax Saver Fund Regular Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    29 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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