Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth

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Equity
ELSS (Tax Savings)
Rating 3
Plan

44.16 -1.08 (-2.39%) NAV as on 13 Jan, 2025

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)25315.16
CAGR 12.77%
Exit Load0.00%
Expense ratio1.56%
CategoryEquity
Min Investment500
Min SIP500
Launch Date2015-12-28

Asset Allocation

Holdings As On - 14 January 2025

Holdings

Sectors

Name
Value (Cr)
Holding %

HDFC Bank
2041.55
8.20%

Axis Bank
1205.54
4.84%

State Bank Of India
1135.15
4.56%

ICICI Bank
1063.78
4.27%

Infosys
1003.48
4.03%

Larsen & Toubro
878.71
3.53%

Kotak Mahindra Bank
630.79
2.53%

Reliance Industries
491.02
1.97%

Bharti Airtel
477.88
1.92%

Peer Comparison

Fund Name
SBI Long Term Equity Fund Regular Growth23.22%
DSP ELSS Tax Saver Fund Regular Plan Growth20.18%
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth12.77%
Axis ELSS Tax Saver Fund Growth14.27%
HDFC ELSS TaxSaver Growth15.8%

Risk & Volitility

Alpha 4.84%
Beta 0.99
Sharpe Ratio0.63
Std Deviation 12.82%
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 25315.16 crores & has delivered CAGR of 18.57% 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 Moderate & Exceptional respectively.

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

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

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 0.63 & a standard deviation of 12.82%.