Q: What are the returns of Mirae Asset ELSS Tax Saver Fund?

The Mirae Asset ELSS Tax Saver Fund is a 9 yrs 6 m old fund and has delivered average annual returns of 19.55% since inception. Mirae Asset ELSS Tax Saver Fund Returns 1-Year 3-Year 5-Year Since Inception 11.38% 19.43% 25.55% 19.55%

Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the Mirae Asset ELSS Tax Saver Fund - Direct Growth plan is approximately ₹54.092 as of Jun 05, 2025.

Question 2

What are the returns of Mirae Asset ELSS Tax Saver Fund?

Accepted Answer

The Mirae Asset ELSS Tax Saver Fund is a 9 yrs 6 m old fund and has delivered average annual returns of 19.55% since inception.

Mirae Asset ELSS Tax Saver Fund Returns

1-Year	3-Year	5-Year	Since Inception
11.38%	19.43%	25.55%	19.55%

Question 3

How much does Mirae Asset ELSS Tax Saver Fund charge as the expense ratio?

Accepted Answer

The Mirae Asset ELSS Tax Saver Fund - Direct Growth has an expense ratio of 0.59%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Question 4

What is the AUM or size of Mirae Asset ELSS Tax Saver Fund?

Accepted Answer

The Mirae Asset ELSS Tax Saver Fund currently has assets under management (AUM) or fund size valued at approximately ₹24,774 Crs crore as of Mar 31, 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.	9.37%
Axis Bank Ltd.	5.43%
ICICI Bank Ltd.	4.74%
State Bank of India	3.9%
Infosys Ltd.	3.55%
Reliance Industries Ltd.	3.42%
Tata Consultancy Services Ltd.	3.1%
Larsen & Toubro Ltd.	2.96%
ITC Ltd.	2.25%
Mahindra & Mahindra Ltd.	1.79%

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.	9.37%
Axis Bank Ltd.	5.43%
ICICI Bank Ltd.	4.74%
State Bank of India	3.9%
Infosys Ltd.	3.55%
Reliance Industries Ltd.	3.42%
Tata Consultancy Services Ltd.	3.1%
Larsen & Toubro Ltd.	2.96%
ITC Ltd.	2.25%
Mahindra & Mahindra Ltd.	1.79%

Question 7

What is the 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 Mirae Asset ELSS Tax Saver 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?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in 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 Mirae Asset ELSS Tax Saver Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset ELSS Tax Saver Fund from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.59% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹24,774 Crs
Lock-in	3 Years
Age	9 yrs 6 m since Nov 20, 2015
Benchmark	NIFTY 500 TRI
Min. investment	Lump. ₹500
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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Period	This fund	Category average
1 Month	4.59%	4.88%
3 Months	12.24%	11.88%
6 Months	-1.4%	-2.15%
1 Year	11.38%	9.57%
2 Years	22.27%	22.57%
3 Years	19.43%	20.92%
4 Years	15.81%	16.91%
5 Years	25.55%	24.97%
7 Years	18.28%	16.06%

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mirae Asset ELSS Tax Saver Fund	N.A.	₹24,774 Crs	9 yrs 6 m	0.59%
Parag Parikh ELSS Tax Saver Fund	N.A.	₹5,085 Crs	5 yrs 11 m	0.62%
HDFC ELSS Tax Saver Fund	N.A.	₹15,556 Crs	12 yrs 5 m	1.05%
SBI Long Term Equity Fund	N.A.	₹28,506 Crs	12 yrs 5 m	0.93%
DSP ELSS Tax Saver Fund	N.A.	₹16,638 Crs	12 yrs 5 m	0.74%
Bank of India ELSS Tax Saver Fund	N.A.	₹1,320 Crs	12 yrs 5 m	0.94%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset ELSS Tax Saver Fund	4.59%	-1.4%	11.38%	19.43%	25.55%	N.A.
Parag Parikh ELSS Tax Saver Fund	3.16%	2.43%	15.73%	21.59%	26.96%	12.9%
HDFC ELSS Tax Saver Fund	2.06%	1.38%	11.28%	24.92%	27.39%	14.53%
SBI Long Term Equity Fund	4.2%	-1.44%	10.01%	27.98%	29.06%	15.4%
DSP ELSS Tax Saver Fund	3.07%	-1.17%	12.98%	23.32%	26.93%	17.29%
Bank of India ELSS Tax Saver Fund	7.74%	-8.11%	1.68%	22.89%	27.19%	17.34%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset ELSS Tax Saver Fund	13.69	0.93	0.88	1.31
Parag Parikh ELSS Tax Saver Fund	10.43	0.66	1.28	1.9
HDFC ELSS Tax Saver Fund	12.39	0.83	1.35	2.35
SBI Long Term Equity Fund	14.17	0.94	1.38	2.32
DSP ELSS Tax Saver Fund	14.17	0.95	1.09	1.99
Bank of India ELSS Tax Saver Fund	17.12	1.09	0.9	1.3

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 Jun 06, 2025

Asset allocationas on Apr 30, 2025

Peer comparison

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 Returns

ET Money rank

Alpha	1.31 vs. 6.2 Underperformed at beating benchmark
Sharpe	0.88 vs. 6.71 Poor risk-adjusted returns
Beta	0.93 vs. 1.01 Less sensitive to market ups & downs
Standard deviation	13.69 vs. 12.82 More volatile performance

Fund AUM	₹24,774 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

No. of schemes	43 view all schemes
Total AUM	₹1,90,637 Crs as on Mar 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Mirae Asset Midcap Fund	N.A.	₹15,415 Crs	8.72%	31.14%
Mirae Asset Large & Midcap Fund	N.A.	₹36,507 Crs	8.15%	25.21%
Mirae Asset Great Consumer Fund	N.A.	₹4,117 Crs	6.87%	25.04%
Mirae Asset Healthcare Fund	N.A.	₹2,683 Crs	19.6%	23.64%
Mirae Asset Focused Fund	N.A.	₹7,650 Crs	15.88%	22.27%

Sector	Percentage of Portfolio
Financial	28.72%
Services	10.22%
Healthcare	9.36%
Energy	8.5%
Technology	8.27%
Automobile	6.6000000000000005%
Construction	4.49%
Metals & Mining	4.37%
Consumer Staples	3.59%
Materials	3.2500000000000004%