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Fincash » Mutual Funds » Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund - G

NAV  ₹17.763 ↓ -0.10   (-0.53 %) as on 18 Apr 19

Scheme 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.

Mirae Asset Tax Saver Fund is a Equity - ELSS fund launched on 28 Dec 15. It is a fund with Moderately High risk and has given a CAGR return of 19% since its launch.  Return for 2018 was -2.3% , 2017 was 47.9% and 2016 was 14.8% .

Below is the key information for Mirae Asset Tax Saver Fund

NAV as on 18 Apr 19₹17.763 ↓ -0.10   (-0.53 %)
Net Assets (AUM) as on 31 Mar 2019 ₹1,839 Cr.
Launch Date28 Dec 2015
CategoryEquity - ELSS
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio1.0
Expense Ratio2.45 %
Sharpe Ratio0.632
Information Ratio1.61
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 19

DurationReturns
1 Month 2%
3 Month 7.2%
6 Month 12.4%
1 Year 9.1%
3 Year 21.1%
5 Year
10 Year
15 Year
Since launch 19%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -2.3%
2017 47.9%
2016 14.8%
2015
2014
2013
2012
2011
2010

Growth of 10k Over Years

DateValue
31 Mar 16₹9,670
31 Mar 17₹13,372
31 Mar 18₹15,531
31 Mar 19₹17,502
Mirae Asset Tax Saver Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash8.47%
Equity91.53%
Mirae Asset Tax Saver Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services30.9%
Consumer Cyclical12.92%
Technology9.65%
Industrials8.69%
Consumer Defensive7.52%
Basic Materials7.14%
Health Care6.23%
Energy5.96%
Utility2.52%
Mirae Asset Tax Saver Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
Banks - Regional - Asia8%₹143 Cr615,318
↑ 32,413
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
Banks - Regional - Asia5%₹97 Cr2,423,566
↑ 354,398
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
Oil & Gas Refining & Marketing5%₹88 Cr647,376
Net Receivables / (Payables)
Net Current Assets | -
4%₹78 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
Banks - Regional - Asia4%₹78 Cr1,001,193
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
Engineering & Construction4%₹68 Cr489,055
↑ 223,514
Tri Party Repo
CBLO/Reverse Repo | -
4%₹67 Cr
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
Information Technology Services3%₹59 Cr799,780
↑ 226,091
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
Information Technology Services3%₹57 Cr286,820
↑ 20,035
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
Banks - Regional - Asia3%₹57 Cr1,776,357
↑ 100,000
1 - 10 of 62
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Fund Managers

NameSinceTenure
Neelesh Surana28 Dec 153.1 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Mutual FundUnit No.606, Windsor Building Off.,C.S.T Road, Kalina Santacruz E

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Tax Saver Fund
Growth
₹17.763
↓ -0.10
12.42 %9.07 %21.06 %-
Mirae Asset Tax Saver Fund
Normal Dividend, Payout
₹15.098
↓ -0.08
11.99 %8.66 %20.92 %-
Data as on 18 Apr 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.