Mirae Asset Tax Saver (Equity, Equity Elss)

Moderately High
3 yrs 2 monthsStarted on:28 Dec 2015
₹ 1315.23 Cras on: 15 Feb 2019
Long Term Horizon
2.30%
Capital Appreciation

Minimum Investment

  • ₹ 500.00 for Lumpsum

Investment Objective

The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.

Exit Load

Scheme Documents

Similar Funds
Axis Long Term Equity
Current NAV 40.82
Return (CAGR) 16.64%
Value Research
Aditya Birla SL Tax Relief 96
Current NAV 29.58
Return (CAGR) 24.16%
Value Research NA
DSP Tax Saver
Current NAV 43.09
Return (CAGR) 12.85%
Value Research
Principal Tax Savings
Current NAV 191.03
Return (CAGR) 15.94%
Value Research
Franklin India Taxshield
Current NAV 522.51
Return (CAGR) 22.04%
Value Research
Reliance Tax Saver (ELSS)
Current NAV 49.57
Return (CAGR) 12.68%
Value Research
ICICI Pru Long Term Equity (Tax Saving)
Current NAV 339.94
Return (CAGR) 19.81%
Value Research
HDFC Taxsaver
Current NAV 474.06
Return (CAGR) 24.67%
Value Research
SBI Magnum Taxgain
Current NAV 132.33
Return (CAGR) 16.08%
Value Research
UTI Long Term Equity
Current NAV 80.55
Return (CAGR) 14.14%
Value Research
Baroda Pioneer ELSS 96
Current NAV 41.03
Return (CAGR) 11.88%
Value Research NA
Motilal Oswal Long Term Equity
Current NAV 15.63
Return (CAGR) 11.59%
Value Research

Tenure

TenureReturns (CAGR)
2 YR13.49
3 YR21.44

SIP Returns

TenureReturns (CAGR)
2 YR2.66
3 YR10.9

Portfolio

Company Name% Assets
HDFC Bank Ltd.8.21
Axis Bank Ltd.5.5
Reliance Industries Ltd.5.29
ICICI Bank Ltd.5.03
Tata Consultancy Services Ltd.3.96
State Bank of India3.74
Infosys Ltd.2.9
Tata Steel Ltd.2.83
Larsen & Toubro Ltd.2.65
Kotak Mahindra Bank Ltd.2.62

Top Sectoral Holdings

Sector Name% Assets
Financial30.8
Energy9.68
Technology9.15
FMCG8.74
Healthcare7.46
Automobile6.7
Services5.59
Construction4.52
Metals4.51
Engineering4.34

Indicators

LabelValue
Portfolio turnover ratio61
Standard Deviation14.98%
Beta1%
Sharpe Ratio0.86

Neelesh Surana

Mr. Surana is B.E (Mechanical) and MBA in Finance.
Prior to joining Mirae AMC he has worked with ASK Investment Managers Pvt Ltd.