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Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

23.05

as on 03 Dec 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 18,643 today.

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NAV Performance

Mirae Asset Tax Saver Fund performance graph for last 3 years
Performance of Mirae Asset Tax Saver Fund for last 3 Years

Fund Information

  • ₹ 30.982

    as on 03 Dec 2021
  • Regular - Growth

  • 1 / 37

  • ₹ 500

  • ₹ 8,338 Cr.

    as on 03 Dec 2021
  • 1.71%

    since 31 May 2021
  • 28 Dec 2015

  • Equity - ELSS

  • Nifty 50

  • Mirae Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

Mirae Asset Tax Saver Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 28 Dec 2015. This fund is offered by one of the top AMC (Assets Management Company) Mirae Mutual Fund. You can also view here all other Equity funds offered by Mirae Mutual Fund.

Latest NAV of the fund is ₹ 30.982 as on 03 Dec 2021.

This fund has 5 years of track record. Since 31 May 2021 expense ratio of this fund is 1.71%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund 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.

List of Fund Managers of Mirae Asset Tax Saver Fund

  • About Neelesh Surana

    Picture of Neelesh SuranaNeelesh bring with him about 24 years professional experience in financial services including fund management. He is responsible for supervising and managing Equity schemes. Prior to this assignment, Neelesh was associated with ASK Investment Managers Pvt Ltd as a Senior Portfolio Manager where he was managing domestic and offshore portfolios.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best -0.27% 8.72% 18.51% 71.46% 51.75% 34.34% 25.67% 20.05% 53.30% 69.85% 51.42% 32.89% 24.45%
Category Average -3.15% 2.00% 12.17% 37.85% 23.77% 18.09% 16.30% 16.26% 27.49% 36.72% 27.04% 18.33% 16.34%
Mirae Asset Tax Saver Fund -3.03%₹ 9,697 2.14%₹ 10,213 12.03%₹ 11,203 40.94%₹ 14,094 29.15%₹ 13,813 28.37%₹ 16,491 41.69%₹ 35,197 23.05%₹ 18,643 31.85%₹ 56,736 21.88%₹ 26,919 23.04%₹ 1,06,266 - -
DSP Tax Saver Fund -3.90%₹ 9,610 -0.41%₹ 9,958 10.67%₹ 11,067 42.06%₹ 14,206 27.91%₹ 13,738 25.03%₹ 15,641 39.14%₹ 34,468 21.39%₹ 17,898 29.38%₹ 54,897 17.31%₹ 22,236 20.14%₹ 99,066 18.49%₹ 54,632 18.19%₹ 3,12,368
Canara Robeco Equity Tax Saver Fund -3.19%₹ 9,680 1.25%₹ 10,124 12.72%₹ 11,271 41.07%₹ 14,107 28.99%₹ 13,803 30.93%₹ 17,155 40.37%₹ 34,819 23.54%₹ 18,864 31.58%₹ 56,532 20.49%₹ 25,418 22.98%₹ 1,06,119 16.86%₹ 47,565 17.90%₹ 3,07,657
Axis Long Term Equity Fund -2.01%₹ 9,799 0.35%₹ 10,034 13.86%₹ 11,385 33.43%₹ 13,342 27.09%₹ 13,689 24.14%₹ 15,419 35.32%₹ 33,385 20.49%₹ 17,502 27.58%₹ 53,586 19.35%₹ 24,236 20.60%₹ 1,00,166 20.05%₹ 62,288 19.35%₹ 3,32,615
UTI Long Term Equity Fund (Tax Saving) -2.46%₹ 9,753 2.29%₹ 10,228 15.75%₹ 11,575 39.27%₹ 13,926 30.85%₹ 13,914 27.34%₹ 16,225 39.78%₹ 34,652 20.91%₹ 17,686 29.99%₹ 55,345 16.96%₹ 21,904 19.98%₹ 98,670 15.04%₹ 40,669 15.91%₹ 2,76,390
BOI AXA Tax Advantage Fund -1.33%₹ 9,867 1.01%₹ 10,100 16.44%₹ 11,644 45.74%₹ 14,573 34.66%₹ 14,141 35.83%₹ 18,465 45.38%₹ 36,263 27.64%₹ 20,808 36.80%₹ 60,536 21.75%₹ 26,778 24.49%₹ 1,10,042 17.45%₹ 50,044 19.02%₹ 3,26,747

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Tax Saver Fund as on 07 Dec 2021 are listed below:

  • Equity Holdings:

    99.61%
  • Debt Holdings:

    0.01%
  • Others Holdings:

    0.39%

Top Sector Holdings of Mirae Asset Tax Saver Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 25.34% ₹ 2,571.92 Cr.
Computers - Software 13.36% ₹ 1,355.80 Cr.
Pharmaceuticals 5.29% ₹ 536.71 Cr.
Refineries/Marketing 5.09% ₹ 516.50 Cr.
Cement 4.10% ₹ 416.69 Cr.
Others 46.82% -

Top Stock Holdings of Mirae Asset Tax Saver Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 8.26% ₹ 838.08 Cr.
ICICI Bank Ltd. 7.28% ₹ 739.00 Cr.
Infosys Ltd. 6.36% ₹ 645.70 Cr.
Axis Bank Ltd. 4.55% ₹ 461.99 Cr.
Reliance Industries Ltd. - Partly Paid 4.21% ₹ 426.78 Cr.
Others 69.34% -

Top Debt Instrument Type holdings of Mirae Asset Tax Saver Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 0.01% ₹ .59 Cr.
Others 99.99% -

Top Debt Holdings of Mirae Asset Tax Saver Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Britannia Industries Ltd. 0.01% ₹ .59 Cr.
Others 99.99%

Other Holdings

Holding TypeHolding Percentage
TREPS 0.40%
MF Units 0.00%
Net Receivables -0.01%