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Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

29.46

as on 29 Mar 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 21,725 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

  • ₹ 29.773

    as on 29 Mar 2023
  • Regular - Growth

  • 2 / 37

  • ₹ 500

  • ₹ 10,087 Cr.

    as on 31 Dec 2021
  • 1.7%

  • 28 Dec 2015

  • Equity - ELSS

  • Nifty 500 TRI

  • 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 ₹ 29.773 as on 29 Mar 2023.

This fund has 7 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.7%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

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 Very 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 -0.02% -1.30% 5.08% 17.83% 32.94% 48.96% 20.20% 21.31% 6.22% 8.84% 23.49% 24.08% 20.84%
Category Average -1.58% -5.48% -0.44% -0.01% 10.32% 26.25% 9.96% 14.37% -2.24% 1.42% 12.19% 11.74% 12.15%
Mirae Asset Tax Saver Fund -1.47%₹ 9,852 -5.17%₹ 9,483 0.55%₹ 10,055 -1.49%₹ 9,851 -3.15%₹ 11,795 8.93%₹ 11,874 0.42%₹ 24,104 29.46%₹ 21,725 12.65%₹ 43,469 13.76%₹ 19,069 13.92%₹ 85,021 - -
DSP Tax Saver Fund -2.14%₹ 9,786 -6.09%₹ 9,390 -0.06%₹ 9,993 -0.36%₹ 9,964 -2.80%₹ 11,818 10.73%₹ 12,271 1.27%₹ 24,318 28.94%₹ 21,465 13.42%₹ 43,950 12.09%₹ 17,708 13.53%₹ 84,210 16.27%₹ 45,211 13.89%₹ 2,47,793
Quant Tax Plan -0.02%₹ 9,998 -10.01%₹ 8,998 -6.26%₹ 9,373 -1.80%₹ 9,819 -6.83%₹ 11,554 19.71%₹ 14,352 3.64%₹ 24,912 48.96%₹ 33,121 23.49%₹ 50,630 20.20%₹ 25,114 24.08%₹ 1,08,881 21.31%₹ 69,112 20.84%₹ 3,60,313
BOI AXA Tax Advantage Fund -0.98%₹ 9,901 -5.99%₹ 9,401 -0.42%₹ 9,958 -0.73%₹ 9,927 -0.90%₹ 11,942 11.42%₹ 12,424 1.25%₹ 24,313 28.63%₹ 21,310 13.48%₹ 43,987 11.93%₹ 17,578 15.50%₹ 88,381 15.94%₹ 43,931 14.53%₹ 2,56,460
Canara Robeco Equity Tax Saver Fund -1.51%₹ 9,849 -5.55%₹ 9,445 -1.37%₹ 9,862 -0.98%₹ 9,902 -3.12%₹ 11,797 9.34%₹ 11,964 0.56%₹ 24,138 27.14%₹ 20,577 12.07%₹ 43,102 13.99%₹ 19,258 13.97%₹ 85,114 14.82%₹ 39,870 13.76%₹ 2,46,086
IDFC Tax Advantage (elss) Fund -0.69%₹ 9,931 -4.32%₹ 9,567 1.09%₹ 10,109 0.07%₹ 10,007 -0.03%₹ 11,998 14.90%₹ 13,216 4.63%₹ 25,163 37.68%₹ 26,142 19.20%₹ 47,706 11.52%₹ 17,261 16.34%₹ 90,236 16.53%₹ 46,224 14.80%₹ 2,60,124

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Tax Saver Fund as on 31 Mar 2023 are listed below:

  • Equity Holdings:

    99.30%
  • Debt Holdings:

    0.01%
  • Others Holdings:

    0.69%

Top Sector Holdings of Mirae Asset Tax Saver Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 24.01% ₹ 2,559.81 Cr.
Computers - Software 14.74% ₹ 1,570.67 Cr.
Refineries/Marketing 5.88% ₹ 626.37 Cr.
Pharmaceuticals 4.93% ₹ 566.89 Cr.
NBFC 3.89% ₹ 415.64 Cr.
Others 46.55% -

Top Stock Holdings of Mirae Asset Tax Saver Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 7.77% ₹ 828.42 Cr.
Infosys Ltd. 7.50% ₹ 799.78 Cr.
ICICI Bank Ltd. 7.26% ₹ 774.12 Cr.
Reliance Industries Ltd. 5.11% ₹ 544.48 Cr.
Axis Bank Ltd. 4.19% ₹ 446.91 Cr.
Others 68.17% -

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 0.65%
Net Receivables 0.04%
MF Units 0.00%