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Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

24.33

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,218 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

  • ₹ 35.848

    as on 22 Sep 2023
  • Regular - Growth

  • 3 / 37

  • ₹ 500

  • ₹ 14,449 Cr.

    as on 31 May 2023
  • 1.64%

  • 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 ₹ 35.848 as on 22 Sep 2023.

This fund has 7 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.64%. 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 4.75% 11.13% 25.95% 26.21% 32.94% 34.63% 24.02% 23.88% 37.19% 24.83% 23.35% 29.58% 22.88%
Category Average 2.08% 7.00% 18.95% 14.97% 9.09% 23.43% 13.43% 16.23% 23.94% 15.54% 16.51% 17.67% 14.29%
Mirae Asset Tax Saver Fund 2.06%₹ 10,205 7.61%₹ 10,761 19.75%₹ 11,974 15.83%₹ 11,582 24.46%₹ 13,535 7.39%₹ 11,531 14.78%₹ 27,793 24.33%₹ 19,218 16.06%₹ 45,667 16.38%₹ 21,369 19.15%₹ 96,708 - -
Quant Tax Plan 2.94%₹ 10,293 10.59%₹ 11,059 22.67%₹ 12,266 8.73%₹ 10,873 24.21%₹ 13,520 13.60%₹ 12,904 18.03%₹ 28,654 34.63%₹ 24,399 23.35%₹ 50,575 24.02%₹ 29,375 29.58%₹ 1,24,236 23.88%₹ 85,294 22.88%₹ 4,02,701
Kotak Tax Saver Fund 2.07%₹ 10,207 7.43%₹ 10,742 18.37%₹ 11,837 15.68%₹ 11,567 24.00%₹ 13,507 11.37%₹ 12,403 17.36%₹ 28,475 25.31%₹ 19,675 18.36%₹ 47,184 15.80%₹ 20,840 19.32%₹ 97,112 17.49%₹ 50,207 15.69%₹ 2,73,129
IDFC Tax Advantage (elss) Fund 1.43%₹ 10,143 7.96%₹ 10,795 21.34%₹ 12,134 18.67%₹ 11,867 27.81%₹ 13,738 12.77%₹ 12,718 18.74%₹ 28,844 30.96%₹ 22,461 21.42%₹ 49,243 16.19%₹ 21,195 22.65%₹ 1,05,277 18.51%₹ 54,755 16.97%₹ 2,92,511
BOI AXA Tax Advantage Fund 4.24%₹ 10,423 10.53%₹ 11,053 23.71%₹ 12,371 16.90%₹ 11,689 30.00%₹ 13,870 8.07%₹ 11,679 18.60%₹ 28,805 25.92%₹ 19,964 18.96%₹ 47,585 18.15%₹ 23,048 22.27%₹ 1,04,305 17.55%₹ 50,484 17.09%₹ 2,94,437
Union Long Term Equity Fund 1.57%₹ 10,157 7.19%₹ 10,719 20.03%₹ 12,002 14.05%₹ 11,405 23.32%₹ 13,466 8.66%₹ 11,806 15.48%₹ 27,978 24.63%₹ 19,360 17.18%₹ 46,399 15.43%₹ 20,510 19.20%₹ 96,810 14.12%₹ 37,505 13.93%₹ 2,48,477

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Tax Saver Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    97.19%
  • Debt Holdings:

    0.01%
  • Others Holdings:

    2.79%

Top Sector Holdings of Mirae Asset Tax Saver Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 24.18% ₹ 3,830.68 Cr.
Computers - Software 10.05% ₹ 1,590.64 Cr.
Refineries/Marketing 6.77% ₹ 1,073.47 Cr.
Pharmaceuticals 5.40% ₹ 854.73 Cr.
NBFC 3.48% ₹ 551.71 Cr.
Others 50.12% -

Top Stock Holdings of Mirae Asset Tax Saver Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 7.59% ₹ 1,202.86 Cr.
ICICI Bank Ltd. 6.95% ₹ 1,099.96 Cr.
Reliance Industries Ltd. 6.77% ₹ 1,072.97 Cr.
State Bank Of India 4.17% ₹ 660.67 Cr.
Infosys Ltd. 3.95% ₹ 625.49 Cr.
Others 70.57% -

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 2.57%
Net Receivables 0.22%
MF Units 0.00%