Mutual Funds
AMC
Mirae Asset ELSS Tax Saver Fund - Direct (IDCW)

Mirae Asset ELSS Tax Saver Fund - Direct (IDCW)

ELSS

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NAV
31.71(-0.48%)
Fund Size (CR)
₹25,910.64
Expense Ratio
0.57
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹1
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
19.46%

Absolute Return: 4.53%

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 October 2025	10039.89	0.40%	-	0.86%	35/217
1 Month	30 September 2025	10547.08	5.47%	-	4.65%	2/217
3 Month	30 July 2025	10452.86	4.53%	-	3.33%	32/217
6 Month	30 April 2025	11162.58	11.63%	-	9.49%	45/217
1 Year	30 October 2024	10993.29	9.93%	9.93%	4.35%	6/213
3 Year	28 October 2022	17058.23	70.58%	19.43%	18.29%	66/207
5 Year	30 October 2020	27692.99	176.93%	22.58%	22.89%	91/203
Since Inception	28 December 2015	57605.30	476.05%	19.46%	15.70%	17/217

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	4 November 2024	1,20,000	232705.40	93.92%	93.92%
3 Year	1 November 2022	3,60,000	772739.75	114.65%	29.00%
5 Year	2 November 2020	6,00,000	1371322.79	128.55%	17.98%
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

3.67%

Standard Deviation

0.95%

Beta

0.95%

Sharpe Ratio

-0.02%

Treynor's Ratio

2.15%

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	9.79%	26661504	2535.51	Equity	Banks
ICICI Bank	5.06%	9731929	1311.86	Equity	Banks
Axis Bank	4.31%	9866860	1116.53	Equity	Banks
SBI	4.08%	12106701	1056.25	Equity	Banks
Infosys	3.99%	7172785	1034.17	Equity	IT - Software
ITC	3.81%	24583025	987.13	Equity	Tobacco Products
TCS	3.15%	2828631	817.02	Equity	IT - Software
Reliance Industr	3.15%	5974299	814.89	Equity	Refineries
Maruti Suzuki	2.64%	427460	685.18	Equity	Automobile
Larsen & Toubro	2.50%	1770482	647.82	Equity	Infrastructure Developers & Operators

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mirae Asset ELSS Tax Saver Fund - Direct (IDCW)	25910.64	5.47%	4.53%	11.63%	9.93%	19.43%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	382.22	2.03%	1.30%	11.56%	13.37%	23.39%
SBI Long Term Advantage Fund - Series V -Dir (G)	382.22	2.03%	1.30%	11.56%	13.37%	23.39%
Mirae Asset ELSS Tax Saver Fund - Direct (G)	25910.64	5.47%	4.53%	11.63%	9.94%	19.45%
HDFC ELSS Tax Saver Fund - Direct (G)	16644.54	4.11%	4.65%	7.87%	9.94%	22.68%
HDFC ELSS Tax Saver Fund - Direct (IDCW)	16644.54	4.11%	4.63%	7.85%	9.92%	22.68%

List of Schemes under Mirae Asset Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mirae Asset Liquid Fund	Debt	Moderate	7.14%	3	₹13,880.73
Mirae Asset Large & Midcap Fund	Equity	Very High	-2.82%	2	₹41,201.87
Mirae Asset Large Cap Fund	Equity	Very High	1%	3	₹40,724.59
Mirae Asset Great Consumer Fund	Equity	Very High	-2.16%	4	₹4,386.26
Mirae Asset Low Duration Fund	Debt	Moderately Low	8.41%	4	₹1,789.12
Mirae Asset Aggressive Hybrid Fund	Hybrid	Very High	2.76%	3	₹9,312.76
Mirae Asset ELSS Tax Saver Fund	Equity	Very High	0.45%	3	₹26,537.48
Mirae Asset Dynamic Bond Fund	Debt	Moderate	8.74%	4	₹121.00
Mirae Asset Short Duration Fund	Debt	Moderately Low	9.52%	4	₹909.73
Mirae Asset Healthcare Fund	Equity	Very High	8.32%	2	₹2,785.12
Mirae Asset Equity Savings Fund	Hybrid	Moderately High	6.55%	3	₹1,507.32
Mirae Asset Focused Fund	Equity	Very High	4.44%	2	₹8,084.40
Mirae Asset Midcap Fund	Equity	Very High	-1.41%	2	₹17,184.81
Mirae Asset Overnight Fund	Debt	Low	6.3%	4	₹849.30
Mirae Asset Arbitrage Fund	Hybrid	Low	7.46%	3	₹3,232.92
Mirae Asset Banking and PSU Fund	Debt	Moderate	9.02%	2	₹48.11
Mirae Asset Diversified Equity Allocator Passive FOF	Other	Very High	-2.86%	4	₹976.46
Mirae Asset Ultra Short Duration Fund	Debt	Moderate	8%	4	₹1,662.55
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund	Other	Very High	-0.35%	0	₹102.71
Mirae Asset Banking&Financial Services Fund	Equity	Very High	10.3%	3	₹2,085.20
Mirae Asset Corporate Bond Fund	Debt	Moderate	9.23%	2	₹44.50
Mirae Asset NYSE FANG+ ETF Fund of Fund	Other	Very High	60.42%	0	₹1,983.36
Mirae Asset Money Market Fund	Debt	Moderately Low	8.28%	4	₹3,485.65
Mirae Asset S&P 500 Top 50 ETF Fund of Fund	Other	Very High	43.13%	0	₹621.54
Mirae Asset Hang Seng TECH ETF Fund of Fund	Other	Very High	67.91%	0	₹85.17
Mirae Asset Nifty India Manufacturing ETF Fund of	Other	Very High	-7.19%	0	₹112.94
Mirae Asset Nifty SDL Jun 2027 Index Fund	Other	Moderate	8.79%	0	₹609.77
Mirae Asset Balanced Advantage Fund	Hybrid	Moderately High	4.96%	0	₹1,899.14
Mirae Asset Global X Artificial Intelligence & Technology ETF FOF	Other	Very High	33.17%	0	₹336.50
Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF	Other	Very High	12.14%	0	₹47.43
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	Other	Moderate	10.33%	0	₹240.43
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund	Other	Moderate	7.89%	0	₹83.72
Mirae Asset Flexi Cap Fund	Equity	Very High	2.81%	0	₹2,981.66
Mirae Asset Nifty SDL June 2028 Index Fund	Other	Moderate	9.65%	0	₹73.91
Mirae Asset FMP - Series V - Plan 3	Debt	Moderately Low	0%	0	₹0.00
Mirae Asset FMP - Series V - Plan 4	Debt	Moderately Low	0%	0	₹0.00
Mirae Asset Multicap Fund	Equity	Very High	0.94%	0	₹3,943.57
Mirae Asset Multi Asset Allocation Fund	Hybrid	Very High	9.45%	0	₹2,091.65
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF	Other	Very High	-16.19%	0	₹223.01
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF	Other	Very High	-11.65%	0	₹243.07
Mirae Asset Nifty200 Alpha 30 ETF FOF	Other	Very High	-15.26%	0	₹215.28
Mirae Asset Nifty Total Market Index Fund	Other	Very High	0%	0	₹43.68
Mirae Asset Nifty LargeMidcap 250 Index Fund	Other	Very High	0%	0	₹21.55
Mirae Asset Nifty 50 Index Fund	Other	Very High	0%	0	₹30.30
Mirae Asset Gold ETF Fund of Fund	Other	High	0%	0	₹102.85
Mirae Asset Long Duration Fund	Debt	Moderate	0%	0	₹35.49
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund	Other	Very High	0%	0	₹14.39
Mirae Asset Small Cap Fund	Equity	Very High	0%	0	₹1,789.73
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund	Other	Very High	0%	0	₹4.25
Mirae Asset BSE Select IPO ETF Fund of Fund	Other	Very High	0%	0	₹5.46
Mirae Asset Income plus Arbitrage Active FOF	Other	Moderate	0%	0	₹17.34
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%	0	₹136.13

News

Mirae Asset Mutual Fund announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mirae Asset Mutual Fund has announced 28 October 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:
Mirae Asset Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: Rs 0.10 per unit.
Mirae Asset Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: Rs 0.10 per unit
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Mirae Asset Mutual Fund announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mirae Asset Mutual Fund has announced 26 September 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:
Mirae Asset Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: Rs 0.10 per unit.
Mirae Asset Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: Rs 0.10 per unit
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Mirae Asset Mutual Fund announces change in fund manager under its schemes

Mirae Asset Mutual Fund has announced change in fund manager under the following schemes, With effect from 22 September 2025

Change in Fund Manager:

Scheme Name	Existing Fund Managers	Proposed Fund Managers
Mirae Asset Overnight Fund	Mr. Amit Modani	Mr. Krishnpal Yadav
Mirae Asset Nifty 1D Rate Liquid ETF-IDCW	Mr. Amit Modani	Mr. Krishnpal Yadav
Mirae Asset Nifty 1D Rate Liquid ETF ' Growth	Mr. Amit Modani	Mr. Krishnpal Yadav
Mirae Asset Arbitrage Fund	Mr. Jignesh Rao; Mr. Jigar Sethia; Mr. Amit Modani	Mr. Jignesh Rao; Mr. Jigar Sethia; Mr. Amit Modani Mr. Krishnpal Yadav
Mirae Asset Liquid Fund	Mr. Amit Modani	Mr. Mahendra Jajoo
Mirae Asset Money Market Fund	Mr. Amit Modani	Mr. Mahendra Jajoo
Mirae Asset Dynamic Bond Fund	Mr. Amit Modani	Mr. Mahendra Jajoo
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	Mr. Amit Modani	Mr. Mahendra Jajoo
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund	Mr. Amit Modani	Mr. Mahendra Jajoo
Mirae Asset Nifty SDL Jun 2027 Index Fund	Mr. Amit Modani	Mr. Mahendra Jajoo
Mirae Asset Nifty 8-13 yr G-Sec ETF	Mr. Amit Modani	Mr. Mahendra Jajoo
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Mr. Amit Modani	Mr. Mahendra Jajoo

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Fund House Details & Investment Objective

Date of Incorporation

20 November 2015

Total AUM (Cr)

₹25910.64

Mirae Asset ELSS Tax Saver Fund - Direct (IDCW) 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 ₹25,910.64 (Cr), as of 30 October 2025, Mirae Asset ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 19.46% since its launch.
The current NAV of Mirae Asset ELSS Tax Saver Fund - Direct (IDCW) is ₹31.71, as on 30 October 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Mirae Asset ELSS Tax Saver Fund - Direct (IDCW) 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 19.43% and 22.58% 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 99.18% in Equity, 0.75% in Debt and 0.07% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 25.38% in Banks, 9.20% in IT-Software, 7.92% in Pharmaceuticals & Biotech, 6.19% in Automobiles, 4.38% in Petroleum Products