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Mirae Asset ELSS Tax Saver Fund - Regular Plan - IDCW

Category: Equity: ELSS
Launch Date: 28-12-2015
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 1.57% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 22,471.76 Cr As on (30-04-2024)
Turn over: 94
NAV (₹): 23.884
₹ 0.11 ( 0.4773%)
as on 10-05-2024
CAGR Since Inception - 17.92%
NIFTY 500 TRI - 12.54%

Fund Managers

Neelesh Surana


Investment Objective

The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.

PERFORMANCE of Mirae Asset ELSS Tax Saver Fund - Regular Plan - IDCW

Scheme Performance (%) Data as on - 10-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Mirae Asset ELSS Tax Saver Fund - Regular Plan - IDCW 30.37 16.1 18.89 - 17.92
NIFTY 500 TRI 33.73 18.59 18.39 15.6 12.54
Equity: ELSS 34.72 18.46 17.98 16.06 15.89

RETURNS CALCULATOR for Mirae Asset ELSS Tax Saver Fund - Regular Plan - IDCW

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of Mirae Asset ELSS Tax Saver Fund - Regular Plan - IDCW

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Mirae Asset ELSS Tax Saver Fund - Regular Plan - IDCW - - 9.88 1.04 - -
Equity: ELSS - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Mirae Asset ELSS Tax Saver Reg IDCW 28-12-2015 30.37 20.11 16.1 18.89 0.0
SBI Long Term Equity Reg Gr 31-03-1993 53.3 35.87 26.19 22.36 16.78
Motilal Oswal ELSS Tax Saver Fund Reg Gr 05-01-2015 52.98 35.64 24.45 21.16 0.0
Quant ELSS Tax Saver Gr 01-04-2000 52.84 30.92 25.3 32.35 25.07
ITI ELSS Tax Saver Reg Gr 18-10-2019 50.42 32.44 18.09 0.0 0.0
BANK OF INDIA ELSS Tax Saver Reg Gr 25-02-2009 48.72 31.72 23.17 25.9 18.71
JM ELSS Tax Saver Fund Gr 31-03-2008 43.77 28.83 22.12 21.1 17.83
HDFC ELSS Tax saver Gr 05-03-1996 41.61 29.42 25.58 18.48 14.96
Franklin India ELSS Tax Saver Gr 05-04-1999 41.4 27.42 21.36 18.41 16.3
Nippon India Tax Saver (ELSS) Gr Gr 05-09-2005 38.97 25.46 20.39 16.06 14.3

Asset Allocation (%)

PORTFOLIO ANALYSIS of Mirae Asset ELSS Tax Saver Fund - Regular Plan - IDCW

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

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