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Mirae Asset Tax Saver Fund Direct-Growth Mirae Asset Tax Saver Fund Direct-Growth Mirae Asset Tax Saver Fund Direct-Growth Mirae Asset Tax Saver Fund Direct-Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now! Paisabazaar INR 1000 1 rating rating rating rating rating Mirae Asset Tax Saver Fund Direct-Growth 5 5

Equity ELSS

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

6.33%

3 Yrs CAGR returns

8.49%

5 Yrs CAGR returns

NA

NAV as on 25 Sep

₹ 19.9 by 0.49 ( 2.50%)

Expense ratio

0.41

Lock-in period

19.29%

Fund Size (Cr)

₹ 2111.58

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Performance Graph*
Returns Calculator
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If ₹1000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

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

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
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Top Holdings
Top 10 Sectors %
Financial 32.7
Technology 10.98
Energy 10.39
FMCG 10.07
Automobile 6.38
Health Care 5.38
Construction 4.68
undefined 3.75
Communication 3.42
Chemicals 3.05
Top 10 Sectors %
Banking 9.6
Banking 6.25
Computer Software 5.95
Crude Oil & Natural Gas 4.67
Banking 4.06
Computer Software 3.92
Telecom.Services 3.42
Tobacco Prod. 2.63
Banking 2.56
Infrastructure 2.52
Fund house details
Fund House Mirae Mutual Fund
Fund Manager Yadnesh Chavan
Fund Setup Date 20 Nov 2015
Address Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East),
Contact 022- 67800301 / 1800 2090 777
Email ID customercare@miraeassetmf.co.in
More About This Fund

About Mirae Asset Tax Saver Equity Fund

Mirae Asset Tax Saver Equity Fund is known to include only equity and equity-related stocks offering high return ratios; thereby offering a diversified portfolio of companies with strong growth to its investors. Delivering historical returns, the fund follows a bottoms up approach, while maintaining a valuable investment approach. The fund managers offer a diversified portfolio of companies with strong growth history to its investors.

The fund tends to offer higher returns in the long term; the suggested investment horizon is around 5-7 years. Additionally, the fund offers tax exemption on the invested amount under Section 80C of the Indian Income Tax Act. As per this section, the capital gains on investments made upto Rs.1.5 Lakh in a financial year are exempted from any tax liabilities.

 

How to Invest in Mirae Asset Tax Saver Fund?

  • Sign Up/Sign in to Paisabazaar.com and go to ‘Direct Mutual Funds’
  • Click on the section of ‘ELSS Funds’
  • Type and search directly by the name of Mirae Asset Tax Saver Equity Fund Direct Growth. Once it opens up, look at the details. You can also compare similar funds as well as use SIP Calculator or Lumpsum Calculator to estimate the future value of your investment
  • Click on ‘Invest Now’, select either Lump sum or SIP

Also Read: Which SIP is best for 3 years?

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