Fund Details
Mirae Asset Tax Saver Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.86% |
| NAV | ₹24.05 (22 Jan 2021) |
|---|---|
| Fund Started | 28 Dec 2015 |
| Fund Size | ₹5,489 Cr |
Fund Overview
Returns
Comparison
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
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.7% |
| Infosys Ltd. | Technology | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.9% |
| Axis Bank Ltd. | Financial | Equity | 4.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.0% |
| Bharti Airtel Ltd. | Communication | Equity | 3.5% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | PPE | 3.3% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 2.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.8% |
| Max Financial Services Ltd. | Financial | Equity | 2.6% |
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 ₹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%.
