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ELSS Tax Saver📊 NIFTY 500 TRI(SEBI default)

Mirae Asset ELSS Tax Saver Fund · Regular · Growth

Mirae Asset Mutual Fund

#9 of 39 (1Y)

NAV

₹50.7960

as of 13 Jul 2026

Expense Ratio

1.56%

AUM

₹25,790 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+3.39%
3Y
+13.75%
5Y
+12.16%
Since Inception
+16.67%

SIP returns (XIRR)

1Y
+7.18%
3Y
+9.37%
5Y
+12.05%
Since Inception
+15.65%

What history actually did — last 10 years (Jul 2016 – Jul 2026)

A ₹5,000 monthly SIP for the last 10 years (Jul 2016 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹13,19,746 today ₹6,00,000 invested, 15.3% XIRR.

₹6,00,000

Invested

₹13,19,746

Value today

15.3%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 10 years (Jul 2016 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 10 years ago would be ₹4,55,978 today (16.4% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Jul 2016 would still hold ₹32,40,038.

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹13,19,746 in this fund vs ₹12,27,828 in the benchmark — outperformance of ₹91,918.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 10 years (Jul 2016 – Jul 2026) (22 Mar 2020) would be ₹4,17,936 today (4.18×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.20

Sharpe Ratio

+0.04

Alpha

0.30

Beta

0.19

Sortino

14.56%

Std Dev

-15.25%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 May 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryELSS Tax Saver
BenchmarkNIFTY 500 TRI ✓
Launch Date28 Dec 2015
AMFI Code135784
Transaction facts
Min. Lumpsum₹500
Min. SIP₹500
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 May 2026
Holding% NAV
  1. 1Hdfc Bank Ltd.9.16%
  2. 2Icici Bank Ltd.4.79%
  3. 3Reliance Industries Ltd.4.06%
  4. 4State Bank Of India4.01%
  5. 5Laurus Labs Ltd.3.65%
  6. 6Axis Bank Ltd.3.06%
  7. 7Delhivery Ltd.2.80%
  8. 8Pb Fintech Ltd.2.74%
  9. 9Indusind Bank Ltd.2.74%
  10. 10Bharti Airtel Ltd.2.57%
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Investment Objective

Mirae Asset ELSS Tax Saver Fund · Regular · Growth is a tax-saving equity fund (ELSS) that offers tax deduction under Section 80C of the Income Tax Act, with a mandatory 3-year lock-in period. The fund aims to generate long-term capital appreciation while providing tax benefits of up to ₹46,800 per year.

About This Fund

Mirae Asset ELSS Tax Saver Fund · Regular · Growth is a ELSS Tax Saver mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 10 years. It manages assets worth ₹25,790 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 1.56%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Salaried individuals and taxpayers seeking to save tax under Section 80C
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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