Can I invest in SIP and Lumpsum in Mirae Asset ELSS Tax Saver Fund - Regular (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in Mirae Asset ELSS Tax Saver Fund - Regular (G). Minimum lumpsum investment Mirae Asset ELSS Tax Saver Fund - Regular (G) is ₹500 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Mirae Asset ELSS Tax Saver Fund - Regular (G) Direct Growth?

The latest NAV (Net Asset Value) of Mirae Asset ELSS Tax Saver Fund - Regular (G) is Mirae Asset ELSS Tax Saver Fund - Regular (G) is ₹46.81 as on 2025-01-01.

Which are the biggest stock holdings of Mirae Asset ELSS Tax Saver Fund - Regular (G)?

The 5 biggest stock holdings of Mirae Asset ELSS Tax Saver Fund - Regular (G) are: HDFC Bank (8.21%), Axis Bank (4.82%), St Bk of India (4.59%), ICICI Bank (4.23%), Infosys (4.19%)

What are the top sectors Mirae Asset ELSS Tax Saver Fund - Regular (G) invests in?

A majority of Mirae Asset ELSS Tax Saver Fund - Regular (G) 's AUM worth ₹25,315.16 (Cr) is invested in these 3 top sectors: Banks : 24.91% IT-Software : 8.65% Consumer Durables : 6.53%

Mutual Funds
Mirae Asset ELSS Tax Saver Fund - Regular (G)

Mirae Asset ELSS Tax Saver Fund - Regular (G)

ELSS

Invest Now

NAV
46.81(0.33%)
Fund Size (CR)
₹25,315.16
Expense Ratio
1.56
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹0
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
18.62%

Absolute Return: -6.16%

Annualized Return: 0%

Basic Details

Scheme Manager

Neelesh Surana

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23 December 2024	9935.20	-0.65%	-	-0.06%	195/225
1 Month	29 November 2024	9848.08	-1.52%	-	-0.77%	163/225
3 Month	30 September 2024	9372.01	-6.28%	-	-5.39%	141/225
6 Month	28 June 2024	10130.41	1.30%	-	1.74%	108/225
1 Year	29 December 2023	11711.48	17.11%	17.11%	20.44%	146/225
3 Year	30 December 2021	15028.21	50.28%	14.54%	17.31%	174/215
5 Year	30 December 2019	24402.85	144.03%	19.53%	21.38%	127/215
Since Inception	28 December 2015	46607.00	366.07%	18.62%	16.83%	55/225

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,30,000	136165.28	4.74%	4.74%
3 Year	3 January 2022	3,70,000	490329.61	32.52%	9.84%
5 Year	1 January 2020	6,10,000	1016155.15	66.58%	10.75%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.68%

Standard Deviation

0.93%

Beta

0.68%

Sharpe Ratio

0.09%

Treynor's Ratio

-0.39%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	8.21%	11566752	2077.45	Equity	Banks
Axis Bank	4.82%	10746566	1221.13	Equity	Banks
St Bk of India	4.59%	13839799	1161.09	Equity	Banks
ICICI Bank	4.23%	8231929	1070.23	Equity	Banks
Infosys	4.19%	5710511	1060.93	Equity	IT - Software
Larsen & Toubro	3.57%	2425832	903.57	Equity	Infrastructure Developers & Operators
TCS	2.85%	1689221	721.44	Equity	IT - Software
Kotak Mah. Bank	2.41%	3463236	611.35	Equity	Banks
One 97	2.01%	5644743	509.01	Equity	E-Commerce/App based Aggregator
Bharti Airtel	1.90%	2963392	482.19	Equity	Telecomm-Service

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)	4186.93	3.08%	1.24%	14.69%	48.32%	29.04%
Motilal Oswal ELSS Tax Saver Fund-Dir (G)	4186.93	3.08%	1.24%	14.69%	48.32%	29.04%
SBI Long Term Advantage Fund - Series V -Dir (G)	369.13	-0.71%	-1.23%	14.03%	43.06%	20.04%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	369.13	-0.71%	-1.23%	14.03%	43.06%	20.04%
HSBC Tax Saver Equity Fund - Direct (G)	260.16	0.74%	1.61%	11.59%	33.87%	20.18%

News

Mirae Asset Mutual Fund announces change in Key Personnel
Mirae Asset Mutual Fund has announced that Ms. Rimmi Jain has been appointed as a Head ' Compliance on the Board of Mirae Asset Company Ltd. With effect from 01 January 2025
Details of Ms. Rimmi Jain,
Age: 37 years
Designation: Head ' Compliance,
Qualification: Bachelor of Commerce, ACS and LLB
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Mirae Asset Small Cap Fund announces Extension of NFO period

Mirae Asset Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

Change in New Fund Offer period of 'Mirae Asset Small Cap Fund'

	Existing Dates	Revised Dates
NFO Start Date	Thursday, January 09, 2025	Friday, January 10, 2025
NFO Closure Date	Thursday, January 23, 2025	Friday, January 24, 2025
Scheme re-opens for continuous Sale and Repurchase on:	Friday, January 31, 2025	Monday, February 03, 2025

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Mirae Asset Mutual Fund announces change in Exit Load Structure

Mirae Asset Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 October 2024

Change in Exit Load:

Name of the Scheme	Existing Load Structure	Revised Load Structure
' Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund ' Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund ' Mirae Asset Nifty India Manufacturing ETF Fund of Fund ' Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund	' if redeemed within 3 months from the date of allotment: 0.05%, ' if redeemed after 3 months from date of allotment: Nil	' if redeemed or switched out within 15 days from the date of allotment: 0.05%, ' if redeemed or switched out after 15 days from date of allotment: Nil
' Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund	' if redeemed or switched out within 5 calendar days from the date of allotment: 0.05%, ' if redeemed or switched out after 5 days from date of allotment: Nil	' if redeemed or switched out within 15 days from the date of allotment: 0.05%, ' if redeemed or switched out after 15 days from date of allotment: Nil

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Fund House Details & Investment Objective

Date of Incorporation

20 November 2015

Total AUM (Cr)

₹25315.16

Mirae Asset ELSS Tax Saver Fund - Regular (G) is an ELSS-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 20 November 2015, this fund is managed by Neelesh Surana. With assets under management (AUM) worth ₹25,315.16 (Cr), as of 1 January 2025, Mirae Asset ELSS Tax Saver Fund - Regular (G) is categorized as a ELSS within its segment. The fund has generated a return of 18.62% since its launch.
The current NAV of Mirae Asset ELSS Tax Saver Fund - Regular (G) is ₹46.81, as on 1 January 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Mirae Asset ELSS Tax Saver Fund - Regular (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 14.54% and 19.53% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.35% in Equity, 0.54% in Debt and 0.11% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 24.91% in Banks, 8.65% in IT-Software, 6.53% in Consumer Durables, 5.16% in Pharmaceuticals & Biotech, 4.74% in Automobiles

FAQs

How to Invest in Mirae Asset ELSS Tax Saver Fund - Regular (G) Direct Growth?

Mirae Asset ELSS Tax Saver Fund - Regular (G) is a popular fund in the ELSS segment. The fund has generated a return of 18.62% since inception. Looking to invest in Mirae Asset ELSS Tax Saver Fund - Regular (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset ELSS Tax Saver Fund - Regular (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Mirae Asset ELSS Tax Saver Fund - Regular (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset ELSS Tax Saver Fund - Regular (G) today and reap the benefits of this ELSS fund!

How much returns has Mirae Asset ELSS Tax Saver Fund - Regular (G) Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset ELSS Tax Saver Fund - Regular (G) has generated annualised return of 17.11%. In the long-term, the fund has generated 14.54% and 19.53% in 3 and 5 years respectively. Since its inception, the fund has generated 18.62% returns.

What is the expense ratio of Mirae Asset ELSS Tax Saver Fund - Regular (G) Direct Growth?

The expense ratio of Mirae Asset ELSS Tax Saver Fund - Regular (G) Direct Growth is 1.56%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset ELSS Tax Saver Fund - Regular (G) Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset ELSS Tax Saver Fund - Regular (G) is ₹25,315.16 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset ELSS Tax Saver Fund - Regular (G) Direct Growth?

Redeeming or selling units of Mirae Asset ELSS Tax Saver Fund - Regular (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset ELSS Tax Saver Fund - Regular (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Mirae Asset ELSS Tax Saver Fund - Regular (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).