How are the returns of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan fund?

Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan fund has delivered a CAGR of 1 year: -1.69%, 3 years: 12.98%, 5 years: 11.38%, and 9 years: 13.96%. However, its average rolling 1 year: 20.85%, 3 years: 17.69%, 5 years: 18.92%, and 9 years: 17.67%.

How much does Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund charge as expense ratio?

Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan expense ratio is 0.61%

How can I redeem my investments in Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

Give a request for redemption of the number of units or the amount you want. The request will be acknowledged and you will get information about the redemption and the NAV at which redeemed. The amount will be deposited in the designated bank account.

What are the top sectors Mirae Asset ELSS Tax Saver Fund - Growth - Direct Planfund has invested in?

Top three sectors of funds are BFSI, Healthcare and Auto accounting for 49% of the total portfolio.

What is the minimum SIP amount of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

The minimum SIP amount for this fund is Rs.500.00 and minimum lumpsum is Rs.500.00

Mirae Asset ELSS Tax Saver Fund Growth Direct Plan - Latest NAV:₹55.48, Performance, Returns and Fund Review/Analysis

Q: What is the AUM or size of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

The AUM of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan is currently 22,940 Crores.

Q: What are the top stock holdings of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

The Top 3 stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 18% of its portfolio. Top 5 and 10 stocks of fund account for 26% and 41% of fund’s portfolio respectively.

Q: Is it safe to invest in Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

FAQ : Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan

Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

	1 Year	3 Year	5 Year	9 Year
CAGR(%)	N/A	12.98	11.38	13.96
Average Rolling Returns(%)	20.85	17.69	18.92	17.67

The Current NAV of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan is ₹55.48.

Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.

Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan fund’s expense ratio is 0.61%

The process for redemption is

Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
You will get information about the redemption and the NAV at which redeemed.
The amount will be deposited in the designated bank account.

The AUM of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan is currently ₹22,940 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 18% of its portfolio. Top 5 and 10 stocks of fund account for 26% and 41% of fund’s portfolio respectively.

Top three sectors of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan fund are BFSI, Healthcare and Auto accounting for 49% of the total portfolio.

Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund is Equity - ELSS.

Neelesh Surana manages the Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund.

Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan current PE ratio is 40.60 and PB ratio is 5.43

The asset allocation of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan is Stocks : 98.95%, Debt : 1.05% and Gold : 0%

The minimum SIP amount for Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan is Nil

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

FAQ : Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan

MoneyWorks4Me Premium

Follow us at

MoneyWorks4Me

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

FAQ : Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan

How are the returns of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan fund?

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

Should I SIP in Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

How much does Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund charge as expense ratio?

How can I redeem my investments in Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

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

What are the top stock holdings of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

What are the top sectors Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund has invested in?

Is it safe to invest in Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

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

Who manages the Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

What is the PE and PB ratio of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund Direct Plan Growth?

What is the asset allocation of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Stocks, Debt and Gold?

What is the minimum SIP amount of Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

Is there any Exit Load for Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Fund?

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.