Mirae Asset Tax Saver Fund

Mirae Mutual Fund

Mirae Asset Tax Saver Fund

By Rajendra

Apr 20, 2023

Scheme Analysis

Category

ELSS

Inception

Dec 28, 2015

Benchmark

Nifty 500

AUM - 14,448 Cr

Fund Manager

Neelesh Surana

Mirae Asset Tax Saver Fund

Top 5 Holding

HDFC Bank

ICICI Bank

Reliance

Infosys

Axis Bank

8.32

7.32

7.07

4.71

4.60

Total - 32.02

Flexibility to invest across market capitalization, theme and investment styles.

Investment Strategy

Bank

Information Technology

Oil & Gas

Top 5 Sector 25.61

10.12

7.07

5.97

5.39

Finance

Pharma

Diversified portfolio of strong growth companies at reasonable price.

Scheme Performance Exit Load Upto 1 Year - 1.00%

As on 3 Apr. 2023

1 Year

3 Year

5 Year

Period

Returns

-1.20%

30.26%

14.08%

Mirae Tax Saver Fund

SIP Performance Exit Load upto 12 month - 1%

As on 3 Apr. 2023

1 Year

3 Year

5 Year

Period

Value

11,907

43,885

86,078

Returns

-1.44%

13.33%

14.43%

Monthly SIP of 1,000

Mirae Tax Saver Fund

The investment approach is bottoms up approach: driven by value investing, in growth oriented businesse

a 3 year lock in providing tax benefit and growth of capital