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Business News/Market/Market Stats/    Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 3
  • Plan
43.48 -0.87 (-1.96%) NAV as on 11 Feb, 2025
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)25021.22
  • CAGR 8.09%
  • Exit Load0.00%
  • Expense ratio1.56%
  • CategoryEquity
  • Min Investment500
  • Min SIP500
  • Launch Date2015-12-28

Morning Star Rating 3

Medium
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 12 February 2025

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha 4.84%
  • Beta 0.99
  • Sharpe Ratio0.51
  • Std Deviation 13.18%
  • Tracking Error 3.17%

About Fund

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.

 

The Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth has an AUM of 25021.22 crores & has delivered CAGR of 17.78% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.56%. The minimum investment in Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is Rs 500 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

 

The top holdings of the fund include HDFC Bank, Axis Bank, State Bank Of India & Infosys.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Biotechnology & Drugs & Consumer Financial Services.

 

Some of the similar funds are SBI Long Term Equity Fund Regular Growth, DSP ELSS Tax Saver Fund Regular Plan Growth, Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth, Axis ELSS Tax Saver Fund Growth, HDFC ELSS TaxSaver Growth. Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth has a sharpe ratio of 0.51 & a standard deviation of 13.18%.

FAQs about Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

According to the morning star rating Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth has a Medium risk & Exceptional return.
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is managed by Neelesh Surana.
The expense ratio of Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is 1.56%.
The 5 year annualized return on Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is 17.78% & it has generated 8.09% in the last 1 year.
The minimum investment in Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth is 500 Rs.
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth has an AUM of 25021.22 crores.
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