26.862
33.006
1
1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
Please wait...
Please wait...
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Tax Saver Reg-G | -0.57 | 0.45 | 1.70 | 8.62 | 11.40 | 0.24 | 6.01 | 21.93 | 16.13 | -- | -- |
| S&P BSE 500 TRI | 2.45 | 0.30 | 1.79 | 10.22 | 13.25 | 3.01 | 10.03 | 20.42 | 14.00 | -- | -- |
| Equity: ELSS | -0.17 | 0.29 | 1.68 | 9.28 | 12.74 | 0.81 | 6.31 | 18.67 | 12.14 | -- | -- |
| Rank within category | 22 | 8 | 17 | 29 | 31 | 23 | 21 | 6 | 3 | -- | -- |
| Number of funds in category | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 35 | 32 | 28 | 26 |
As on 12-Aug-2022
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Mirae Asset Tax Saver Fund - Regular Plan | Invest Online | |
Dec-15 | 6.01 | 21.93 | 16.13 | 1.66 | 12,615 |
| DSP Tax Saver Fund |  |
Jan-07 | 4.40 | 20.17 | 13.52 | 1.76 | 9,966 |
| Canara Robeco Equity Tax Saver Fund - Regular Plan | Invest Online | |
Mar-93 | 6.60 | 22.77 | 16.45 | 1.92 | 3,957 |
| IDFC Tax Advantage (ELSS) Fund - Regular Plan | Invest Online | |
Dec-08 | 10.20 | 24.12 | 14.31 | 1.97 | 3,692 |
| Kotak Tax Saver Regular Plan | Invest Online | |
Nov-05 | 9.08 | 19.80 | 13.31 | 2.04 | 2,794 |
| Best Performance | Worst Performance | |||
|---|---|---|---|---|
| Return (%) | Period | Return (%) | Period | |
| Week | 10.33 | 24-Mar-2020 - 31-Mar-2020 | -17.62 | 16-Mar-2020 - 23-Mar-2020 |
| Month | 22.67 | 23-Mar-2020 - 22-Apr-2020 | -36.96 | 20-Feb-2020 - 23-Mar-2020 |
| Quarter | 37.24 | 23-Mar-2020 - 22-Jun-2020 | -36.00 | 23-Dec-2019 - 23-Mar-2020 |
| Year | 110.02 | 23-Mar-2020 - 23-Mar-2021 | -29.96 | 22-Mar-2019 - 23-Mar-2020 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Mirae Asset Tax Saver Reg-G | 21.62 | 22.55 | 0.80 | 0.89 | 1.00 | 1.39 |
| S&P BSE 500 TRI | 20.28 | 22.43 | 0.75 | 0.86 | -- | -- |
| Equity: ELSS | 18.78 | 21.76 | 0.70 | 0.77 | 0.94 | -0.49 |
| Rank within category | 6 | 24 | 6 | 7 | 29 | 7 |
| Number of funds in category | 35 | 35 | 35 | 35 | 35 | 35 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jul-2022
Please wait...
| Number of Stocks | 68 |
| Top 10 Stocks (%) | 43.89 |
| Top 5 Stocks (%) | 30.21 |
| Top 3 Sectors (%) | 52.52 |
| Portfolio P/B Ratio | 3.14 |
| Portfolio P/E Ratio | 20.11 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 1,37,703 | 1,45,829 |
| Giant (%) | 52.74 | 54.28 |
| Large (%) | 15.58 | 17.24 |
| Mid (%) | 25.19 | 22.41 |
| Small (%) | 6.49 | 6.40 |
| Tiny (%) | -- | 0.22 |
Please wait...
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jul-2022
— Neelesh Surana since 20-Nov-2015
Education: Mr. Surana is B.E (Mechanical) and MBA in Finance.
Experience: Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.
Interviews:
Funds Managed:
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.
| Min. Investment (₹) | 500 |
| Min. Addl Investment (₹) | 500 |
| Min. SIP Investment (₹) | 500 |
| Min. No of Cheques | 5 |
| Min. Withdrawal (₹) | 500 |
| Min. Balance (₹) | -- |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
| Fund House: | Mirae Asset Mutual Fund |
| Launch Date: | 28-Dec-2015 |
| Return Since Launch: | 18.68% |
| Benchmark: | NIFTY 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 12,615 Cr (As on 31-Jul-2022) |
| Expense Ratio: | 1.66% (As on 30-Jun-2022) |
| Risk Grade: | Below Average |
| Return Grade: | High |
| Turnover: | 69.00% |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IDCW | 14-Mar-2022 | 1.7500 | |||||||||||||||||||||
| |||||||||||||||||||||||
AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.
Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098
Phone: 022-67800301 / 1800-2090-777
Website: http://www.miraeassetmf.co.in
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com
You have reserved a spot
Fri, 19-Aug-2022
12:30 PM - 12:40 PM