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Mirae Asset ELSS Tax Saver Fund-Reg(IDCW)

IDCWRegular
EquityEquity Linked Savings Scheme (ELSS)
Large-size FundAssets Under Mgmt: ₹ 25,021 Cr
Very High RiskPrinciple investment will be at very high risk
25.390.36% (-0.09)

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Returns
0.00%
1M
6M
1Y
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5Y
Max
SIP
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1M
6M
1Y
3Y
5Y
Max
SIP

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EquityEquity Linked Savings Scheme (ELSS)
Large-size FundAssets Under Mgmt: ₹ 25,021 Cr
Very High RiskPrinciple investment will be at very high risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
1.5614.650.70
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
1.4315.470.74

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
IDCW3 yrs0.00%
Nil
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 500
Initial: ₹ 500 Incremental: ₹ 500
BenchmarkBenchmark
NIFTY 500 - TRI

About Equity Linked Savings Scheme (ELSS)

Equity Linked Savings Scheme or ELSS are the equity funds that invest majorly in equity or equity-related instruments. They offer the tax benefits under the new Section 80C of the Income Tax Act 1961.

Asset Allocation

Actual

Target

Mar 2024

Jun 2024

Sep 2024

Dec 2024

ACTUAL
Mutual FundsCash & EquivalentsEquity0.00%0.75%99.25%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Tickertape Separator

Sector Distribution

+40 moreConstruction & EngineeringOil & Gas - Refining & MarketingPharmaceuticalsIT Services & ConsultingPrivate Banks56.09 %4.57 %4.63 %5.46 %9.36 %19.89 %

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Tickertape Separator

Sector Weightage

Sep 23Dec 23Mar 24Jun 24Sep 24Dec 2422.88%21.98%20.69%20.78%19.84%19.89%
Private Banks as a % of total holdings for last six quarters
Tickertape Separator

Current Holdings

Equity

Others

  • Constituent
    Holding Weight
    3M Change
  • HDFC Bank Ltd
    HDFCBANK
    3M change : 0.50 %

    Holdings

    8.37 %

    0.50 %
  • Axis Bank Ltd
    AXISBANK
    3M change : -0.31 %

    Holdings

    4.72 %

    -0.31 %
  • State Bank of India
    SBIN
    3M change : 0.27 %

    Holdings

    4.40 %

    0.27 %

AMC Profile

Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

  • No.of Schemes

    45

  • Total AUM

    ₹ 1,82,082.30 Cr.

Fund Manager Profile

Neelesh Surana

AUM:  ₹63,356.47 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 14yrs

Qualification

B.E(Mechnaical), M.B.A(Finance)

Past Experience

Neelesh has professional experience of more than 12 years and is responsible for Portfolio construction & monitoring. Prior to this assignment, Neelesh was associated with ASK Investment Managers Pvt Ltd where he was responsible for tracking sectors like Metals, FMCG and Pharma.

Manager Performance (0)

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Tax Implications

Invested period > 3 year

Gains are treated as long-term capital gains and taxed at 10%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

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