• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Tax Saver Fund (PIDCW-A)

Formerly Mirae Asset Tax Saver Reg DP

Mirae Asset Mutual Fund

Mirae Asset Tax Saver Fund (PIDCW-A)

EquityTax Saving

Top Ranked

21.984

NAV (Dec 06)

14.4%
5 Year CAGR
Scripbox Opinion
Top Ranked
Mirae Asset Tax Saver Fund (PIDCW-A) is recommended for investment within tax saving mutual funds.

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).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

Invest in this fund

Scripbox Recommended Tax Saving Fund

Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

21.984

NAV (Dec 6)

Fund Returns

Last 1Y

5.3%

Last 3Y

19.2%

Last 5Y

14.4%

Last 10Y

NA

Since Inception

18%

6 Month CAGR

11.6%

Scheme Information

Investment Objective

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.

Expense Ratio

1.72

Launched (7y ago)

Dec 28, 2015

AUM in Crores

13546.145

ISIN

INF769K01DL1

Lock-in

3

Benchmark

IISL Nifty 500 TR INR

SIP Minimum

500

Lumpsum Min.

500

Standard Deviation (3yr)

22.7

Standard Deviation (5yr)

19.5

Beta (3yr)

0.99

Beta (5yr)

0.98

Sharpe Ratio (3yr)

0.692

Sharpe Ratio (5yr)

0.518

YTM

0

Fund Managers

Neelesh Surana

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2022-12-06

Top Stock Holdings

hdfc bank ltd

8.1%
8.1%

icici bank ltd

7.1%
7.1%

reliance industries ltd

6.3%
6.3%

infosys ltd

5.4%
5.4%

axis bank ltd

5.1%
5.1%
See all holdings

Allocation by Sector

financial services

34.8%
34.8%

consumer cyclical

11.4%
11.4%

technology

10.6%
10.6%

basic materials

8.5%
8.5%

energy

7.6%
7.6%
See all sectors

Compare Mirae Asset Tax Saver Fund (PIDCW-A)

Fund NameFund SizeOutperformance Consistency
DSP Tax Saver Fund (G)
DSP Tax Saver Fund (G)

₹ 10,427 cr

₹ 4,865 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 113,734 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.

amc-img

  • 022-67800300
  • customercare@miraeasset.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    20.1%

    18.4%

    19.2%

    18%

    20.9%

    20.3%

    15.7%

    15.5%

    14.9%

    15.2%

    Mirae Asset Tax Saver Fund (PIDCW-A) Review

    Mirae Asset Tax Saver Fund (PIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 18% over a period of 6 years. The fund was previously known as Mirae Asset Tax Saver Reg DP. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Neelesh Surana.

    Nav of Mirae Asset Tax Saver Fund (PIDCW-A) as of 12/6/2022 is ₹21.98 with the total AUM as of 12/7/2022 is ₹13546.145. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Tax Saver Fund (PIDCW-A) was launched on Dec 28, 2015. The category risk of the fund is Very High Risk.

    The minimum SIP amount for Mirae Asset Tax Saver Fund (PIDCW-A) 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. Check your estimated returns on mutual funds by using sip calculator.

    Mirae Asset Tax Saver Fund (PIDCW-A) 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 500 TR INR.

    Mirae Asset Tax Saver Fund (PIDCW-A) is rated as a 5 fund in Equity and delivered 5.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Tax Saver Fund (PIDCW-A).

    Frequently Asked Questions

    What is Mirae Asset Tax Saver Fund (PIDCW-A)?

    Mirae Asset Tax Saver Fund (PIDCW-A) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    How to invest in Mirae Asset Tax Saver Fund (PIDCW-A)?

    You can invest in Mirae Asset Tax Saver Fund (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of Mirae Asset Tax Saver Fund (PIDCW-A)?

    The minimum sip amount for Mirae Asset Tax Saver Fund (PIDCW-A) is ₹500. You can invest in multiples of ₹500.

    Is Mirae Asset Tax Saver Fund (PIDCW-A) good to invest in?

    As per Scripbox experts, Mirae Asset Tax Saver Fund (PIDCW-A) is a Top Ranked fund. You can investMirae Asset Tax Saver Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the Mirae Asset Tax Saver Fund (PIDCW-A)?

    The expense ratio of the Mirae Asset Tax Saver Fund (PIDCW-A) is 1.72% for regular plan.