Table of Contents 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 Below is the key information for Mirae Asset Tax Saver Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Mirae Asset Tax Saver Fund - G
Scheme Objective
CAGR
return of 16.2% since its launch. Return for 2022 was 0.1% , 2021 was 35.3% and 2020 was 21.5% . NAV as on 29 Mar 23 ₹29.773 ↑ 0.28 (0.94 %) Net Assets (AUM) as on 28 Feb 2023 ₹14,043 Cr. Launch Date 28 Dec 2015 Category Equity - ELSS Rating Type Open Ended Fund Risk Moderately High AMC Mirae Asset Global Inv (India) Pvt. Ltd Alpha Ratio -0.94 Expense Ratio 1.28 % Sharpe Ratio -0.163 Information Ratio 0.41 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 29 Mar 23 Duration Returns 1 Month -1.5% 3 Month -5.2% 6 Month 0.6% 1 Year -1.5% 3 Year 29.5% 5 Year 13.8% 10 Year 15 Year Since launch 16.2% Historical Annual Returns
Year Returns 2022 0.1% 2021 35.3% 2020 21.5% 2019 14.1% 2018 -2.3% 2017 47.9% 2016 14.8% 2015 2014 Growth of 10k Over Years
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹9,993 29 Feb 20 ₹10,961 28 Feb 21 ₹15,304 28 Feb 22 ₹18,016 28 Feb 23 ₹18,416 Asset Allocation
Asset Class Value Cash 0.41% Equity 99.59% Other 0% Sector Allocation
Sector Value Financial Services 35.61% Consumer Cyclical 11.6% Technology 10.29% Basic Materials 8.39% Industrials 7.91% Energy 6.93% Health Care 6.74% Consumer Defensive 4.7% Utility 4.08% Communication Services 2.82% Real Estate 0.53% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANKBanks - Regional 9% ₹1,194 Cr 7,467,222 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANKBanks - Regional 7% ₹1,030 Cr 12,053,912
↑ 690,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCEOil & Gas Refining & Marketing 7% ₹939 Cr 4,044,179 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFYInformation Technology Services 5% ₹672 Cr 4,519,691
↓ -335,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215Banks - Regional 5% ₹654 Cr 7,748,266
↑ 430,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBINBanks - Regional 4% ₹495 Cr 9,458,799
↑ 300,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LTEngineering & Construction 3% ₹442 Cr 2,095,630
↑ 288,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTLTelecom Services 3% ₹396 Cr 5,329,889 HCL Technologies Ltd (Technology)
Equity, Since 31 Oct 21 | HCLTECHInformation Technology Services 3% ₹392 Cr 3,636,672
↑ 1,530,054 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFCMortgage Finance 3% ₹360 Cr 1,380,263
Talk to our investment specialistFund Managers
Name Since Tenure Neelesh Surana 28 Dec 15 7.18 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address Mirae Asset Investment Managers (India) Private Limited Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098 Auditors
Company Address M/s. Chokshi & Chokshi 101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Mirae Asset Tax Saver Fund
Growth ₹29.773
↑ 0.28 0.55 % -1.49 % 29.52 % 13.78 % Mirae Asset Tax Saver Fund
Normal Dividend, Payout ₹18.513
↑ 0.17 -0.1 % -2.13 % 28.66 % 13.03 % Data as on 29 Mar 23