Mirae Asset Tax Saver Fund -Direct Plan-Growth

Very High Risk
Equity
ELSS (Tax Savings)

NAV as on Nov 26, 2025

Price per unit of the scheme.

₹ 58.21201.12%1 Day Change

1.20%

Minimum Investment₹500

Expense Ratio0.56%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Mirae Asset Tax Saver Fund -Direct Plan-Growth

Equity: ELSS (Tax Savings) Average NAV

Topper in Equity: ELSS (Tax Savings)

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Mirae Asset Tax Saver Fund -Direct Plan-Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

IISL Nifty 500 TR INR

Expense Ratio

0.56%

Category Avg Expense Ratio

0.86%

Minimum Investment (Lumpsum/SIP)

₹ 500 /₹ 500

Lock In (Years)

Fund Size

₹ 27,069.09 Cr(As on Oct, 2025)

Inception Date

Dec 28, 2015

Turnover

91.00 %

Exit Load

NIL

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 -Direct Plan-Growth is an Equity - ELSS (Tax Savings) fund. The fund was launched inDec 28, 2015. Its risk level is . The NAV of the fund as onNov 26, 2025 is ₹58.21. Its expense ratio is 0.56 %. The fund has an AUM of ₹27,069.09 Cr.The fund is managed byNeelesh Surana.
The minimum initial investment is ₹500 in Lumpsum mode.

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FUND MANAGER

Neelesh Surana

Lead Fund Manager.

Dec 28, 2015 - Present

Fund Manager Rank6Out of 37
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed2
Total AUM₹ 70,049.83 Cr
Highest Return In 1 Yr10.15 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mirae Asset Tax Saver Fund -Direct Plan-Growth

₹ 58.21

1.20%

-0.27%

Very High Risk

₹27,069.09Cr

Mirae Asset Emerging Bluechip Fund Direct Plan Growth

₹ 178.28

1.56%

-0.26%

Very High Risk

₹42,980.74Cr

Mirae Asset Tax Saver Fund -Direct Plan-Growth

Very High Risk

NAV₹ 58.21
Fund Size₹27,069.09Cr

Fund Return1.20%

Category Return-0.27%

Mirae Asset Emerging Bluechip Fund Direct Plan Growth

Very High Risk

NAV₹ 178.28
Fund Size₹42,980.74Cr

Fund Return1.56%

Category Return-0.26%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Oct, 2025

EQUITY (98.44%)

DEBT (-%)

CASH (1.56%)

Allocation by Market Cap

Large Cap(64.94%)

Mid Cap(16.21%)

Small Cap(15.10%)

Industry Holdings

Stock Holdings

HDFC Bank Ltd9.57%
ICICI Bank Ltd4.84%
Axis Bank Ltd4.29%
Infosys Ltd3.93%
State Bank of India3.89%
ITC Ltd3.82%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
2.65
This Fund
VS
1.39
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
96.79
This Fund
VS
88.89
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
0.96
This Fund
VS
0.93
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.91
This Fund
VS
0.78
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.53
This Fund
VS
1.28
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
12.80
This Fund
VS
13.02
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mirae Asset Investment Managers (India) Private Limited

Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,08,786.39 crores. It’s current offering of mutual fund schemes includes 22 equity, 14 debt and 13 hybrid schemes.

Phone

022-6780 0300

customercare@miraeasset.com

AUM

₹ 2,08,786.39 Cr (

As on Oct 31, 2025

)

Address

Unit No. 606, 6th Floor, Mumbai,400 098

FAQ's

What is the category of Mirae Asset Tax Saver Fund -Direct Plan-Growth ?

The category of Mirae Asset Tax Saver Fund -Direct Plan-Growth is Equity - ELSS (Tax Savings)

What is the current NAV of Mirae Asset Tax Saver Fund -Direct Plan-Growth ?

The current NAV of Mirae Asset Tax Saver Fund -Direct Plan-Growth as on Nov 26, 2025 is ₹58.21

How safe is Mirae Asset Tax Saver Fund -Direct Plan-Growth ?

The risk level of Mirae Asset Tax Saver Fund -Direct Plan-Growth is Very High.

What are short term returns given by Mirae Asset Tax Saver Fund -Direct Plan-Growth ?

The return given by Mirae Asset Tax Saver Fund -Direct Plan-Growth in 1 month is 1.20%, 3 months is 6.20%, 6 months is 8.06%, and 1 year is 10.15%

What are the long term returns given by Mirae Asset Tax Saver Fund -Direct Plan-Growth ?

The return given by Mirae Asset Tax Saver Fund -Direct Plan-Growth in 3 years is 18.18% and 5 years is 20.16%.

What is the expense ratio of Mirae Asset Tax Saver Fund -Direct Plan-Growth ?

The expense ratio of Mirae Asset Tax Saver Fund -Direct Plan-Growth is 0.56%

What is the AUM of Mirae Asset Tax Saver Fund -Direct Plan-Growth ?

The assets under Management (AUM) of Mirae Asset Tax Saver Fund -Direct Plan-Growth is Rs 27,069.09 crores.

What is the minimum investment in Mirae Asset Tax Saver Fund -Direct Plan-Growth ?

The minimum Lumpsum investment in Mirae Asset Tax Saver Fund -Direct Plan-Growth is ₹500.00 and the minimum SIP investment in Mirae Asset Tax Saver Fund -Direct Plan-Growth is ₹500.00

What is the asset allocation of Mirae Asset Tax Saver Fund -Direct Plan-Growth?

Mirae Asset Tax Saver Fund -Direct Plan-Growth has an exposure of 98.44% in Equity and 1.56% in Cash & Money Market Securities