Dezerv

Fund Overview

Fund Size

Fund Size

₹22,472 Cr

Expense Ratio

Expense Ratio

1.57%

ISIN

ISIN

INF769K01DK3

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

28 Dec 2015

About this fund

Mirae Asset Tax Saver Fund Regular Growth is a ELSS (Tax Savings) mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 8 years, 5 months and 15 days, having been launched on 28-Dec-15.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹44.45, Assets Under Management (AUM) of 22471.76 Crores, and an expense ratio of 1.57%.
  • Mirae Asset Tax Saver Fund Regular Growth has given a CAGR return of 19.30% since inception.
  • The fund's asset allocation comprises around 98.36% in equities, 0.00% in debts, and 1.64% in cash & cash equivalents.
  • You can start investing in Mirae Asset Tax Saver Fund Regular Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+36.04%

+37.83% (Cat Avg.)

3 Years

+16.77%

+18.61% (Cat Avg.)

5 Years

+19.67%

+18.39% (Cat Avg.)

Since Inception

+19.30%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity22,103.6 Cr98.36%
Others368.16 Cr1.64%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity1,844.74 Cr8.16%
ICICI Bank LtdEquity1,051.76 Cr4.65%
Reliance Industries LtdEquity1,031.6 Cr4.56%
State Bank of IndiaEquity886.3 Cr3.92%
Axis Bank LtdEquity858.43 Cr3.79%
Infosys LtdEquity815.17 Cr3.60%
Kotak Mahindra Bank LtdEquity803.77 Cr3.55%
Larsen & Toubro LtdEquity798.38 Cr3.53%
ITC LtdEquity535.47 Cr2.37%
Tata Consultancy Services LtdEquity431.78 Cr1.91%
Crompton Greaves Consumer Electricals LtdEquity424.54 Cr1.88%
Apollo Hospitals Enterprise LtdEquity398.89 Cr1.76%
Bharat Forge LtdEquity397.5 Cr1.76%
Delhivery LtdEquity396.84 Cr1.75%
Laurus Labs LtdEquity385.15 Cr1.70%
Wipro LtdEquity381 Cr1.68%
Bharti Airtel LtdEquity380.03 Cr1.68%
FSN E-Commerce Ventures LtdEquity356.79 Cr1.58%
Gland Pharma LtdEquity331.39 Cr1.47%
NTPC LtdEquity327.83 Cr1.45%
Aurobindo Pharma LtdEquity316.98 Cr1.40%
Ambuja Cements LtdEquity311.85 Cr1.38%
Tata Motors LtdEquity311.78 Cr1.38%
HDFC Asset Management Co LtdEquity290.64 Cr1.28%
Tata Steel LtdEquity275.15 Cr1.22%
Prestige Estates Projects LtdEquity258.81 Cr1.14%
Bharat Petroleum Corp LtdEquity253.24 Cr1.12%
ICICI Prudential Life Insurance Company LimitedEquity250.76 Cr1.11%
Dr Reddy's Laboratories LtdEquity246.86 Cr1.09%
Eicher Motors LtdEquity244.34 Cr1.08%
Dabur India LtdEquity237.9 Cr1.05%
TrepsCash - Repurchase Agreement236.85 Cr1.05%
Ceat LtdEquity233.48 Cr1.03%
LTIMindtree LtdEquity225.95 Cr1.00%
LIC Housing Finance LtdEquity223.63 Cr0.99%
Zomato LtdEquity221.46 Cr0.98%
SBI Cards and Payment Services Ltd Ordinary SharesEquity215.24 Cr0.95%
Bata India LtdEquity205.56 Cr0.91%
Fortis Healthcare LtdEquity201.37 Cr0.89%
Gujarat State Petronet LtdEquity198.19 Cr0.88%
SRF LtdEquity197.62 Cr0.87%
SKF India LtdEquity190.12 Cr0.84%
Greenply Industries LtdEquity189.9 Cr0.84%
Cipla LtdEquity187.96 Cr0.83%
Oil & Natural Gas Corp LtdEquity175.79 Cr0.78%
NRB Bearings LtdEquity164.67 Cr0.73%
Indus Towers Ltd Ordinary SharesEquity162.91 Cr0.72%
One97 Communications LtdEquity151.47 Cr0.67%
Power Finance Corp LtdEquity150.78 Cr0.67%
Vedanta LtdEquity140.45 Cr0.62%
Campus Activewear LtdEquity138.36 Cr0.61%
PB Fintech LtdEquity138.13 Cr0.61%
InterGlobe Aviation LtdEquity136.71 Cr0.60%
Utkarsh Small Finance Bank LtdEquity133.79 Cr0.59%
Net Receivables / (Payables)Cash133.74 Cr0.59%
Prince Pipes And Fittings Ltd Ordinary SharesEquity130.59 Cr0.58%
HCL Technologies LtdEquity128.32 Cr0.57%
United Spirits LtdEquity125.79 Cr0.56%
Bharat Electronics LtdEquity125.59 Cr0.56%
Timken India LtdEquity122.23 Cr0.54%
Kajaria Ceramics LtdEquity121.56 Cr0.54%
Go Digit General Insurance LtdEquity120.62 Cr0.53%
Vinati Organics LtdEquity114.4 Cr0.51%
Sun Pharmaceuticals Industries LtdEquity113.86 Cr0.50%
Mahindra & Mahindra Financial Services LtdEquity112.15 Cr0.50%
TeamLease Services LtdEquity108.75 Cr0.48%
JK Cement LtdEquity107.6 Cr0.48%
Gateway Distriparks LtdEquity107.3 Cr0.47%
Tega Industries LtdEquity104.48 Cr0.46%
Sapphire Foods India LtdEquity104.26 Cr0.46%
Paradeep Phosphates LtdEquity101.79 Cr0.45%
Chemplast Sanmar LtdEquity97.37 Cr0.43%
Avalon Technologies LtdEquity88.65 Cr0.39%
Hindustan Unilever LtdEquity68.29 Cr0.30%
Whirlpool of India LtdEquity60.79 Cr0.27%
Arvind LtdEquity54.9 Cr0.24%
Divi's Laboratories LtdEquity54.78 Cr0.24%
Mahindra & Mahindra LtdEquity51.23 Cr0.23%
Fusion Micro Finance LtdEquity49.88 Cr0.22%
Indian Energy Exchange LtdEquity43.55 Cr0.19%
Titan Co LtdEquity5.15 Cr0.02%
Hindalco Industries LtdEquity4.81 Cr0.02%
Maruti Suzuki India LtdEquity1.22 Cr0.01%
Grasim Industries LtdEquity0.86 Cr0.00%
Mirae Asset Liquid Dir GrMutual Fund - Open End0 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

64.04%

Mid Cap Stocks

17.63%

Small Cap Stocks

16.66%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services7,174.17 Cr31.72%
Consumer Cyclical2,976.04 Cr13.16%
Industrials2,342.53 Cr10.36%
Healthcare2,237.24 Cr9.89%
Technology2,222.33 Cr9.82%
Basic Materials1,541.82 Cr6.82%
Energy1,460.63 Cr6.46%
Consumer Defensive967.45 Cr4.28%
Communication Services542.94 Cr2.40%
Utilities526.01 Cr2.33%
Real Estate258.81 Cr1.14%

Risk & Performance Ratios

Standard Deviation

This fund

11.83%

Cat. avg.

12.52%

Lower the better

Sharpe Ratio

This fund

0.87

Cat. avg.

0.97

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.80

Higher the better

Fund Managers

Neelesh Surana

Neelesh Surana

Since December 2015

Additional Scheme Detailsas of 31st May 2024

ISININF769K01DK3Expense Ratio1.57%Exit LoadNo ChargesFund Size₹22,472 CrAge28 Dec 2015Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4196.77 Cr36.5%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4196.77 Cr35.0%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹34895.64 Cr28.9%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3454.03 Cr34.1%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3454.03 Cr32.6%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹49.62 Cr42.3%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹49.62 Cr40.0%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹325.14 Cr60.0%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹325.14 Cr57.1%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1577.96 Cr28.1%

About the AMC

Total AUM

₹1,71,472 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1406.88 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3409.20 Cr38.6%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10073.98 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹34974.46 Cr41.4%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹37631.07 Cr26.0%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹594.96 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹144.98 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹7920.31 Cr19.2%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹152.53 Cr6.8%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1541.06 Cr57.3%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8545.85 Cr26.8%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹722.32 Cr36.5%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹105.57 Cr30.0%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹541.56 Cr41.7%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹798.39 Cr7.2%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1622.55 Cr7.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1815.41 Cr34.9%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1671.29 Cr26.0%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹2683.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹87.16 Cr61.1%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹22471.76 Cr37.4%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.22 Cr7.0%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹47.08 Cr6.7%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.8%0.0%₹75.88 Cr3.2%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1088.38 Cr18.2%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹59.30 Cr6.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.95 Cr29.5%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹95.84 Cr-5.6%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹882.62 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹346.19 Cr7.2%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹225.99 Cr6.9%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹103.31 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2201.96 Cr51.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2074.44 Cr8.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15353.87 Cr51.4%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mirae Asset Tax Saver Fund Regular Growth, as of 11-Jun-2024, is ₹44.45.
The fund has generated 36.04% over the last 1 year and 16.77% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 98.36% in equities, 0.00% in bonds, and 1.64% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Tax Saver Fund Regular Growth are:-
  1. Neelesh Surana