Mirae Asset ELSS Tax Saver Fund - Direct Plan - Growth
Fund House: Mirae Asset Mutual Fund| Category: Equity: ELSS |
| Launch Date: 01-12-2015 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| TER: 0.6% As on (30-04-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 24,774.08 Cr As on 30-04-2025(Source:AMFI) |
| Turn over: 109% | Exit Load: Nil |
53.657
0.42 (0.7753%)
19.52%
Benchmark: 12.49%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 500 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
3 Years 12 Months
7 Years 9 Months
8 Years 6 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 13.94 |
| Sharpe Ratio | 0.71 |
| Alpha | 0.99 |
| Beta | 0.93 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset ELSS Tax Saver Fund - Direct Plan - Growth | 01-12-2015 | 9.93 | 23.09 | 19.73 | 28.55 | - |
| Parag Parikh ELSS Tax Saver Fund- Regular Growth | 07-07-2019 | 14.51 | 23.06 | 20.71 | 28.07 | - |
| HSBC Tax Saver Equity Fund - Growth | 05-01-2007 | 14.16 | 26.95 | 21.57 | 26.48 | 13.17 |
| WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth | 14-10-2022 | 13.91 | 27.63 | - | - | - |
| DSP ELSS Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 12.69 | 27.42 | 22.74 | 28.36 | 15.86 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 12.34 | 33.04 | 29.57 | 30.07 | 16.76 |
| HDFC ELSS Tax saver - Growth Plan | 05-03-1996 | 11.81 | 28.84 | 25.41 | 29.93 | 13.45 |
| ICICI Prudential ELSS Tax Saver Fund - Growth | 19-08-1999 | 11.02 | 22.22 | 18.84 | 25.04 | 12.96 |
| PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option | 11-12-2015 | 10.44 | 16.43 | 15.82 | 24.59 | - |
| LIC MF ELSS Tax Saver-Regular Plan-Growth | 31-03-1997 | 9.86 | 20.48 | 18.82 | 22.1 | 11.3 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
16.03%
Others
0.93%
Large Cap
67.25%
Mid Cap
15.75%
