Mirae Asset Tax Saver Fund Regular Growth+0.63%

11.03%
1 Year Return
Equity
ELSS
5.0star
6M
1Y
3Y
All

Fund Details

Mirae Asset Tax Saver Fund Regular Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.77%
NAV19.95 (23 Oct 2020)
Fund Started28 Dec 2015
Fund Size4,270 Cr

Fund Overview

Quick overview of Mirae Asset Tax Saver Fund Regular Growth

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Tax Saver Fund Regular Growth
11.0%
8.0%
NA
15.4%
Category Average
3.0%
2.4%
7.3%
-
Rank within category
5
3
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
    0
    with 11.0% annual returns

    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.FinancialEquity9.1%
    Infosys Ltd.TechnologyEquity7.1%
    ICICI Bank Ltd.FinancialEquity5.8%
    Reliance Industries Ltd.EnergyEquity4.3%
    Tata Consultancy Services Ltd.TechnologyEquity4.1%
    Axis Bank Ltd.FinancialEquity3.7%
    Bharti Airtel Ltd.CommunicationEquity3.1%
    Reliance Industries Ltd - Partly Paid EquityEnergyPPE2.7%
    Housing Development Finance Corpn. Ltd.FinancialEquity2.5%
    Hindustan Unilever Ltd.FMCGEquity2.4%
    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 ₹4,270 Cr and the Latest NAV as of 23 Oct 2020 is ₹19.95.

    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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