Fund Details
Mirae Asset Tax Saver Fund Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.69% |
| NAV | ₹28.72 (23 Jul 2021) |
|---|---|
| Fund Started | 28 Dec 2015 |
| Fund Size | ₹8,338 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Higher expense ratio - 1.71%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.4% |
| ICICI Bank Ltd. | Financial | Equity | 7.1% |
| Infosys Ltd. | Technology | Equity | 6.8% |
| Axis Bank Ltd. | Financial | Equity | 4.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.8% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | PPE | 3.6% |
| State Bank of India | Financial | Equity | 3.6% |
| Bharti Airtel Ltd. | Communication | Equity | 2.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.6% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.5% |
Fund Managers
Mirae Asset Tax Saver Fund Regular Growth Details
Mirae Asset Tax Saver Fund Regular Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 28 Dec 2015. Neelesh Surana is the Current Fund Manager of Mirae Asset Tax Saver Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8,338 Cr and the Latest NAV as of 23 Jul 2021 is ₹28.72.
The Mirae Asset Tax Saver Fund Regular Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
