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Mirae Asset Tax Saver Fund Regular Growth-1.39%

25.01%
1 Year Return
Equity
ELSS
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Mirae Asset Tax Saver Fund Regular Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.86%
NAV₹24.05 (22 Jan 2021)
Fund Started28 Dec 2015
Fund Size5,489 Cr

Fund Overview

Quick overview of Mirae Asset Tax Saver Fund Regular Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
25.0%
11.2%
20.5%
19.0%
Category Average
18.1%
5.8%
13.5%
-
Rank Within Category
5
4
1
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 25.0% returns per annum

Comparison

Data not available
Pros
1. Risk is lower compared to the benchmark
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. Risk-adjusted returns are lower compared to the category
6. Higher expense ratio - 1.77%

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity9.7%
Infosys Ltd.TechnologyEquity7.1%
ICICI Bank Ltd.FinancialEquity6.9%
Axis Bank Ltd.FinancialEquity4.7%
Tata Consultancy Services Ltd.TechnologyEquity4.0%
Bharti Airtel Ltd.CommunicationEquity3.5%
Reliance Industries Ltd - Partly Paid EquityEnergyPPE3.3%
Dr. Reddy's Laboratories Ltd.HealthcareEquity2.8%
Housing Development Finance Corpn. Ltd.FinancialEquity2.8%
Max Financial Services Ltd.FinancialEquity2.6%
See All

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 ₹5,489 Cr and the Latest NAV as of 22 Jan 2021 is ₹24.05.

The Mirae Asset Tax Saver Fund Regular Growth is rated Moderately 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%.

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
30 Nov 2007
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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