Mirae Asset ELSS Tax Saver Fund Direct-Growth is a Tax Saver mutual fund plan offered by Mirae Asset Mutual Fund. The fund has an AUM of ₹24,895.71 Crores and the current NAV is ₹51.100 as of November 16, 2024.
Mirae Asset ELSS Tax Saver Fund Direct-Growth plan returns have been 28.67% in the last year, 44.22% in the previous three years, and 411.00% since the scheme started.
Mirae Asset ELSS Tax Saver Fund Return
The fund has consistently delivered strong returns over various time frames. Here’s a comparison of its performance against the category average:
| Period | This fund | Category average |
|---|---|---|
| 1 month | -6.18% | -6.4% |
| 3 months | -4.08% | -2.97% |
| 6 months | 7.12% | 7.81% |
| 1 year | 28.67% | 29.4% |
| 3 years | 13.23% | 15.26% |
| 5 years | 20.99% | 20.71% |
Mirae Asset ELSS Tax Saver Fund Top 5 Holdings
Mirae Asset ELSS Tax Saver Fund invests in high-quality stocks across various sectors. Here are its top 5 holdings:
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
HDFC Bank Ltd.
|
Financial | Equity | 7.86% |
|
Axis Bank Ltd.
|
Financial | Equity | 4.68% |
|
Infosys Ltd.
|
Technology | Equity | 4.51% |
|
ICICI Bank Ltd.
|
Financial | Equity | 4.20% |
|
State Bank of India
|
Financial | Equity | 3.77% |
Sector Allocation in Mirae Asset ELSS Tax Saver Fund
| Sector | Percentage (%) | Amount (₹ Cr) |
|---|---|---|
| Financial | 28.01% | ₹6,972.78 |
| Services | 10.97% | ₹2,731.13 |
| Technology | 9.41% | ₹2,342.48 |
| Energy | 7.33% | ₹1,823.64 |
| Automobile | 6.35% | ₹1,579.88 |
| Others | 37.94% | ₹9,445.43 |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
