₹ 25.873
NAV (Feb 25)
Recommended
Tax saving funds provides tax saving with inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Track Record
6 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
5,648 Cr. Category leader in size
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Consistently Good. The fund has performed well consistently over a period of time
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
No single fund can achieve what a plan can. Learn why
Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
1.83 %
Expense Ratio
Dec 28, 2015
Launched (6y ago)
₹ 5,648
AUM in Crores
INF769K01DK3
ISIN
3
Lock-in
IISL Nifty 200 TR INR
Benchmark
₹ 500
SIP Minimum
₹ 500
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
Comparison with Equity Funds
Mid Cap
Recommended
Top Ranked
17 Years
Age
Track Record
Index Funds
Recommended
Top Ranked
21 Years
Age
Track Record
Index Funds
Recommended
Top Ranked
19 Years
Age
Track Record
Large Cap
Recommended
Top Ranked
25 Years
Age
Track Record
Mid Cap
Recommended
Top Ranked
26 Years
Age
Track Record
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset Investment Managers (India) Private Limited manages assets worth 63,733 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 23 equity,33 debt and 9 hybrid funds.
Tax Saving
Recommended
Top Ranked
₹ 5,647 Cr
Fund Size
16.5%
3Y returns
Large Cap
Recommended
Top Ranked
₹ 21,745 Cr
Fund Size
12.8%
3Y returns
Tax Saving
Top Ranked
₹ 5,647 Cr
Fund Size
16%
3Y returns
Large Cap
Top Ranked
₹ 21,745 Cr
Fund Size
11.7%
3Y returns
Large Cap
Top Ranked
₹ 21,745 Cr
Fund Size
11.7%
3Y returns
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan to invest to start investing
Create an account with Scripbox through a paperless process, to invest in this fund
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track, invest more and withdraw your investments through the Scripbox dashboard
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
We will track our recommendations and suggest changes & fund exists whenever required.
Our customer champions are available 7 days a week from 8AM to 8PM.
We review your investments and make course corrections every year to make the best out of your investments
Mirae Asset Tax Saver Fund (G) is a tax saving equity fund and has delivered an annualised return of 20.2% over a period of 6 years ..The fund is managed by Mirae Asset Investment Managers (India) Private Limited.The fund manager’s name is Neelesh Surana.
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. However, there is no assurance that the objective of the scheme will be realized. Currently, the fund is recommended by Scripbox.
The Mirae Asset Tax Saver Fund (G) fund was launched on Dec 28, 2015. The NAV (Net Asset Value) of this tax saving equity as of 2021-02-25 is ₹ 25.873. The total AUM (Asset Under Management) of the fund as of 2021-02-26 is ₹ 5647.902. The category risk of the Mirae Asset Tax Saver Fund (G) fund is Very High Risk. The fund charges 1.83 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 99.3% in this asset class. The top three holdings of the fund are hdfc bank ltd,infosys ltd and icici bank ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 500 and you can increase this in multiples of ₹ 500. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 200 TR INR
Mirae Asset Tax Saver Fund (G) has a score of 5 on a scale of 5. The fund scores 3 out of 5 based on historical performance. As compared to the other funds in its category, Mirae Asset Tax Saver Fund (G) has a score of 5 out of 5. Scipbox has rated this fund 5 out of 5 based on consistency of performance over various years / tenures.