Mirae Asset ELSS Tax Saver Fund
Get the latest NAV of Mirae Asset ELSS Tax Saver Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹50.09
1D
NAV as on 23 Mar 2026
17.05%/per year
Since Inception
▲▼
30236 people have invested ₹ 12.8Cr in Mirae Asset ELSS Tax Saver Fund in the last three months
Mirae Asset ELSS Tax Saver Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (23-Mar-26)
The fund has outperformed the benchmark (Nifty 500) over 3Y, 5Y, but underperformed over 1Y.
Mirae Asset ELSS Tax Saver Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 4 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.
Mirae Asset ELSS Tax Saver Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset ELSS Tax Saver Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
Mirae Asset ELSS Tax Saver Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Industrial
Financial Services
35%
Consumer Cyclical
16%
Industrial
11%
Financial Services
36%
Consumer Cyclical
15%
Industrial
10%
Mirae Asset ELSS Tax Saver Fund Holdings Details
as on (28-Feb-26)
Mirae Asset ELSS Tax Saver Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.59% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹26203 Cr |
| Inception Date | 28 December, 2015 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 126.98% |
| Risk |   Very High Risk |
About Mirae Asset ELSS Tax Saver Fund
Mirae Asset Tax Saver Fund is an Equity Linked Saving Scheme (ELSS) that aims to generate long-term capital appreciation by primarily investing in equity and equity-related instruments.
As per SEBI guidelines, the fund invests a minimum of 80% of its assets in equities, while the remaining portion can be allocated to debt and money market instruments. This allows the fund to maintain a diversified portfolio that balances growth potential with a degree of stability.
One of the key benefits of this fund is the tax deduction it offers under Section 80C of the Income Tax Act. Investors can claim deductions of up to ₹1,50,000 in a financial year. However, it comes with a mandatory lock-in period of three years, which is the shortest among all tax-saving investment options under Section 80C.
Investment Strategy Of Mirae Asset ELSS Tax Fund
The fund manager follows a bottom-up stock selection strategy, focusing on individual companies rather than making decisions based solely on macroeconomic trends or sectoral outlooks. Without sticking to any one investment style, the approach is flexible, aiming to identify strong growth opportunities across the market.
Should You Invest In Mirae Asset ELSS Direct Growth Fund?
The tax saver fund is suitable for investors who:
- Want to save tax under section 80C and build wealth
- Have a high-risk appetite, due to high equity exposure
- Have a long-term horizon, due to the 3-year lock-in period
- Want a diversified portfolio that invests across all market caps
Taxation On Mirae Asset ELSS Fund
Equity-linked savings schemes have a lock-in of 3 years, which means short-term capital gain tax is not applicable. Since redemptions happen after 3 years, investors enjoy a tax exemption of up to ₹1,25,000 under long-term capital gain. Gains beyond that are taxed at 12.5%.
Allocation & Historical Returns
Fund Manager
Neelesh Surana
Fund Manager of Mirae Asset ELSS Tax Saver Fund, since 28 December 2015
- AUM of the fund stands at 26.2K Cr as of Feb'26
- AUM increased by 90.7 Cr between Feb'26 and Jan'26
Compare Mirae Asset ELSS Tax Saver Fund
Mirae Asset ELSS Tax Saver Fund
VS
Axis ELSS Tax Saver Fund
Frequently Asked Questions for Mirae Asset ELSS Tax Saver Fund
How do I invest in Mirae Asset ELSS Tax Saver Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset ELSS Tax Saver Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.