Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal
Get the latest NAV of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal. 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.
₹29.03
▲3.7%1D
NAV as on 12 May 2025
19.01%/per year
Since Inception
▲▼
169 people have invested ₹ 4.5L in Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal in the last three months
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)
The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 98.4%
Debt & Cash 1.6%
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 98.4%
Debt & Cash 1.6%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Financial Services
34%
Consumer Cyclical
14%
Industrial
11%
Financial Services
34%
Consumer Cyclical
14%
Industrial
12%
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.6% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹23945 Cr |
| Inception Date | 28 December, 2015 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 45.11% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal is an equity fund. This fund was started on 28 December, 2015. The fund is managed by Neelesh Surana. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal has ₹23945 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal has given a CAGR return of 19.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.60%, 19.38% and 26.79% respectively.
Holdings
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Basic Materials, Energy, Utilities, Consumer Defensive, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, ICICI Bank Ltd, State Bank of India, Infosys Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal
The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal of 3 Years
Fund Manager
Neelesh Surana
Fund Manager of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal, since 28 December 2015
- AUM of the fund stands at 23.9K Cr as of Mar'25
- AUM increased by 1.5K Cr between Mar'25 and Feb'25
More funds from Mirae
3Y CAGR
▲ 49.13
5Y CAGR
▲ 27.43
Frequently Asked Questions for Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal
What is the current NAV of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
What are the average returns of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 9.11% | 9.11% |
6 Month Returns | 1.33% | 1.33% |
1 Year Returns | 12.6% | 12.6% |
3 Years Returns | 70.12% | 19.38% |
How do I invest in Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
What is net assets under management (AUM) of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
What are the top 5 holdings of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
What are the top 3 sectors that this Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal has invested in?
What is the alpha of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal | 2.03 | 0.61 | 1.3 |
What is the beta of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal | 0.96 | 0.92 | 0.96 |
What is the sharpe ratio of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal | 0.15 | 0.64 | 1.23 |
What is the standard deviation of Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Payout of Income Distribution cum capital withdrawal | 16.14 | 13.85 | 14.38 |