Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

Equity

Mirae Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth. 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.

₹47.57

▲0.3%1D

NAV as on 16 May 2025

18.08%/per year

Since Inception

Absolute Gain%

▲▼

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (16-May-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
7.05%
6.85%
6.24%
3 Months
11.09%
10.85%
9.57%
6 Months
4.65%
4.13%
2.09%
1 Year
11.56%
9.28%
9.48%
3 Years
19.16%
19%
20.86%
5 Years
26.53%
24.97%
25.53%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth
-
24,774Cr
1.57%
11.56%
19.16%
18.08%
Axis ELSS Tax Saver Fund Direct Growth
-
34,950Cr
1.53%
10.73%
16.57%
15.69%
HSBC Tax Saver Equity Fund Direct Growth
-
235Cr
2.47%
16.7%
22.15%
12.76%
DSP ELSS Tax Saver Fund Regular
-
16,638Cr
1.65%
16.14%
23.24%
15.34%
See all

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 98.4%

Debt & Cash 1.6%

Large cap
65.5%
Small cap
16.6%
Mid cap
16.3%

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 98.4%

Debt & Cash 1.6%

Financial Services
32.9%
Consumer Cyclical
15.8%
Industrial
11.6%
Tech
10.9%
Basic Materials
10%
Health
6.4%
Utilities
3.8%
Energy
3.6%
Communication
2.7%
Consumer Defensive
1.5%
Real Estate
0.6%

Top 3 Sectors in April were Financial Services, Consumer Cyclical & Industrial

Apr'25

Financial Services

34%

Consumer Cyclical

14%

Industrial

11%

Mar'25

Financial Services

34%

Consumer Cyclical

14%

Industrial

11%

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
9.21%
0%
Axis Bank Ltd
5.39%
0%
ICICI Bank Ltd
4.64%
0%
State Bank of India
3.95%
-8.5%
Infosys Ltd
3.46%
0%
See all
Top Stocks bought last month
Dr Reddy's Laboratories Ltd's allocation increased from 0.36% to 0.72%
Dr Reddy's Laboratories Ltd's allocation increased from 0.36% to 0.72%
Top Stocks sold last month
Tata Steel Ltd's allocation decreased from 5.26 % to 1.24 %
Tata Steel Ltd's allocation decreased from 5.26 % to 1.24 %
Gateway Distriparks Ltd's allocation decreased from 5.26 % to 0.25 %
Gateway Distriparks Ltd's allocation decreased from 5.26 % to 0.25 %

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.57%
Benchmark
Nifty 500 TR INR
AUM₹24774 Cr
Inception Date28 December, 2015
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
45.11%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth 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

  1. Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth has ₹24774 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
  2. The fund has an expense ratio 1.6.

Returns

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth has given a CAGR return of 18.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.56%, 19.16% and 26.53% respectively.

Holdings

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth 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 benefit
Dividends 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 -Regular Plan-Growth

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 -Regular Plan-Growth of 3 Years

Fund Manager

Neelesh Surana

Fund Manager of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth, since 28 December 2015

Learn more about Mirae Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 24.8K Cr
₹ 23.9K Cr
₹ 22.4K Cr
  • AUM of the fund stands at 24.8K Cr as of Apr'25
  • AUM increased by 828.8 Cr between Apr'25 and Mar'25

Frequently Asked Questions for Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

What is the current NAV of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

The current NAV of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is ₹47.57 as on 16-May-2025.

What are the average returns of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.05%
7.05%
6 Month Returns
4.65%
4.65%
1 Year Returns
11.56%
11.56%
3 Years Returns
69.21%
19.16%

How do I invest in Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • 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 -Regular Plan-Growth?

1.57% as on April 2025

What is net assets under management (AUM) of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

₹24774 Cr as on April 2025

What are the top 5 holdings of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

HDFC Bank Ltd(9.21%), Axis Bank Ltd(5.39%), ICICI Bank Ltd(4.64%), State Bank of India(3.95%), Infosys Ltd(3.46%) as on April 2025

What are the top 3 sectors that this Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth has invested in?

Financial Services(32.98%), Consumer Cyclical(13.67%), Industrial(10.85%) as on April 2025

What is the alpha of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

The alpha ratio for the Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth
1.62
0.17
0.74
As on April 2025
The alpha for Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth??

The Beta ratio for the Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth
0.98
0.92
0.96
As on April 2025
The Beta for Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

The sharpe ratio for the Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth
0.12
0.61
1.19
As on April 2025
The sharpe ratio for Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

The standard deviation for the Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth
16.34
13.91
14.38
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

Sortino ratio is 0.98 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

Neelesh Surana is the fund manager of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

What is the exit load of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth?

The Exit load of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is 0%