Q: What are the returns of this mutual fund scheme?

The Mirae Asset ELSS Tax Saver Fund Direct-Growth is a 9 yrs 11 m old fund and has delivered average annual returns of 19.51% since inception. Mirae Asset ELSS Tax Saver Fund Direct-Growth Returns 1-Year 3-Year 5-Year Since Inception 10.51% 19.3% 22.29% 19.51%

Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the Mirae Asset ELSS Tax Saver Fund - Direct Growth plan is approximately ₹57.365 as of Oct 20, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Mirae Asset ELSS Tax Saver Fund Direct-Growth is a 9 yrs 11 m old fund and has delivered average annual returns of 19.51% since inception.

Mirae Asset ELSS Tax Saver Fund Direct-Growth Returns

1-Year	3-Year	5-Year	Since Inception
10.51%	19.3%	22.29%	19.51%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Mirae Asset ELSS Tax Saver Fund - Direct Growth has an expense ratio of 0.57%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Mirae Asset ELSS Tax Saver Fund currently has assets under management (AUM) or fund size valued at approximately 25,911 Cr as on Sep 30, 2025.

Question 5

What are the top stock holdings of Mirae Asset ELSS Tax Saver Fund?

Accepted Answer

The Mirae Asset ELSS Tax Saver Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	9.79%
ICICI Bank Ltd.	5.06%
Axis Bank Ltd.	4.31%
State Bank of India	4.08%
Infosys Ltd.	3.99%
ITC Ltd.	3.81%
Reliance Industries Ltd.	3.15%
Tata Consultancy Services Ltd.	3.15%
Maruti Suzuki India Ltd.	2.64%
Larsen & Toubro Ltd.	2.5%

Question 6

What are the top sectors Mirae Asset ELSS Tax Saver Fund has invested in?

Accepted Answer

The Mirae Asset ELSS Tax Saver Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
HDFC Bank Ltd.	9.79%
ICICI Bank Ltd.	5.06%
Axis Bank Ltd.	4.31%
State Bank of India	4.08%
Infosys Ltd.	3.99%
ITC Ltd.	3.81%
Reliance Industries Ltd.	3.15%
Tata Consultancy Services Ltd.	3.15%
Maruti Suzuki India Ltd.	2.64%
Larsen & Toubro Ltd.	2.5%

Question 7

What is risk level of Mirae Asset ELSS Tax Saver Fund?

Accepted Answer

This is a Elss fund comes with Very High risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

Yes, this fund comes with a mandatory lock-in period of 3 years.

Question 9

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

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset ELSS Tax Saver Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Mirae Asset ELSS Tax Saver Fund is complete.

Question 10

How can I redeem my investments in Mirae Asset ELSS Tax Saver Fund?

Accepted Answer

Redeeming your investments in the Mirae Asset ELSS Tax Saver Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.57% as on Sep 30, 2025
Exit load	0%
AUM (Fund size)	₹25,911 Cr
Lock-in Period	3 Years
Age	9 yrs 11 m since Nov 20, 2015
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	3.75%	2.75%
3 Months	4.19%	3.12%
6 Months	12.37%	9.36%
1 Year	10.51%	6.01%
2 Years	22.35%	21.05%
3 Years	19.3%	18.87%
4 Years	13.54%	14.03%
5 Years	22.29%	22.33%
7 Years	20.1%	18.17%

Alpha	2.34 vs. 5.46 Underperformed at beating benchmark
Sharpe	0.9 vs. 5.91 Poor risk-adjusted returns
Beta	0.95 vs. 0.94 More sensitive to market's ups & downs
Standard deviation	12.7 vs. 11.88 More volatile performance

Fund AUM	25,911 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

No. of schemes	47 view all schemes
Total AUM	2,15,434 Cr as on Sep 30, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

Mirae Asset ELSS Tax Saver Fund Direct-Growth

Historical NAV & returns

Mirae Asset ELSS Tax Saver Fund overview

Mirae Asset ELSS Tax Saver Fund Returns calculator

Trailing returns as on Oct 25, 2025

Asset allocationas on Sep 30, 2025

Key risk & return ratios Compared to other funds in the category

Compare Mirae Asset ELSS Tax Saver Fund in detail with

About this fund

About Mirae Asset ELSS Tax Saver Fund

Fund managers

Investment objective

Mirae Asset Mutual Fund details

More funds from Mirae Asset Mutual Fund

Frequently asked questions

Mirae Asset ELSS Tax Saver Fund Direct-Growth Returns

ET Money rank

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Midcap Fund	N.A.	17,194 Cr	10.6%	27.89%
Mirae Asset Great Consumer Fund	N.A.	4,632 Cr	5.45%	24.1%
Mirae Asset Large & Midcap Fund	N.A.	40,822 Cr	9.11%	22.32%
Mirae Asset Healthcare Fund	N.A.	2,762 Cr	4.73%	19.96%
Mirae Asset Diversified Equity Allocator Passive FoF	N.A.	898 Cr	6.53%	19.95%

Sector	Percentage of Portfolio
Financial	29.29%
Healthcare	9.599999999999998%
Services	9.28%
Automobile	9.130000000000003%
Technology	8.71%
Energy	6.489999999999999%
Consumer Staples	4.51%
Metals & Mining	3.77%
Construction	3.73%
Communication	3.46%