Mirae Asset Tax Saver Fund is a tax saving mutual fund which also helps in growing your wealth.Investing in this fund allows you to claim deductions under Section 80C of the Income Tax Act, 1961, which can help you reduce your taxable income by up to Rs. 1.5 lakhs per year.The fund also acts like a multi-cap, multi-sector fund, which means that it invests in the stocks of various companies across different sectors. This diversification helps reduce the risk of losses and ensures that your investment is spread out across different industries.
![]() | 0.66% |
![]() Benchmark | S&P BSE 200 India TR INR |
![]() | ₹17532 Cr |
![]() | 28 December, 2015 |
![]() | ₹500/₹500 |
![]() | 0% |
![]() | 3 Years |
![]() TurnOver | 84.11% |
Size breakup
Mirae Asset Tax Saver Fund -Direct Plan-Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.69% | 6.69% |
6 Month Returns | 14.44% | 14.44% |
1 Year Returns | 15.2% | 15.2% |
3 Years Returns | 76.26% | 20.8% |
5 Years Returns | 138.41% | 18.98% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Tax Saver Fund -Direct Plan-Growth | 1.8 | 1.72 | 2.94 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Tax Saver Fund -Direct Plan-Growth | 0.9 | 0.91 | 0.98 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Tax Saver Fund -Direct Plan-Growth | 0.55 | 1.2 | 0.73 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Tax Saver Fund -Direct Plan-Growth | 10.55 | 13.76 | 18.71 |