Mirae Asset ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹50.63+0.63%1 day
- Return since launch
- 16.0%
- 52-week range
- ₹43.57 — ₹51.45
- AUM
- ₹24,625 Cr
Mirae Asset ELSS Tax Saver Fund is a ELSS equity fund from Mirae Asset Mutual Fund with ₹24,625 Cr under management, launched in 2015. Over three years it has returned 6.3% a year, against 11.4% for its category. The expense ratio is 1.95% and the SEBI riskometer reading is Very High.
Performance
Mirae Asset ELSS Tax Saver Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.2% against 0.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.1% | +4.5 pts | 0.6% | 6.0% |
| 2Y | 5.2% | +1.0 pts | 4.3% | 3.9% |
| 3Y | 6.3% | −5.1 pts | 11.4% | 4.6% |
| 5Y | 10.5% | +0.7 pts | 9.8% | 9.3% |
| 7Y | 13.5% | +0.2 pts | 13.3% | 12.1% |
| 10Y | 14.3% | +1.4 pts | 12.9% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 8.0% | +1.3 pts | 6.7% | 7.5% |
| 3M | -1.3% | −0.8 pts | -0.5% | -0.5% |
| 6M | 4.8% | +0.1 pts | 4.6% | 4.7% |
| 1Y | 0.2% | −0.3 pts | 0.6% | 0.3% |
| 2Y | 3.8% | +1.9 pts | 1.9% | 1.4% |
| 3Y | 12.5% | +1.0 pts | 11.4% | 10.7% |
| 5Y | 9.3% | −0.5 pts | 9.8% | 8.8% |
| 7Y | 15.3% | +0.8 pts | 14.6% | 12.7% |
| 10Y | 15.2% | +2.3 pts | 12.9% | 11.5% |
Since launch (20 Nov 2015): 16.0%
Calendar-year returns
Category average21.5%
35.3%
0.1%
27.0%
17.1%
9.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 9.7% | +5.2 pts | 4.5% |
| 2024 | 17.1% | −3.2 pts | 20.3% |
| 2023 | 27.0% | −4.8 pts | 31.8% |
| 2022 | 0.1% | −3.3 pts | 3.5% |
| 2021 | 35.3% | −4.6 pts | 39.9% |
| 2020 | 21.5% | +2.9 pts | 18.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.94%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.37%
- Brokerage
- 0.10%
- Transaction charges
- 0.01%
- Statutory levies
- 0.46%
- Exit load
- 0%
- Lock-in
- 3 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 0.78 | 4.34 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.01 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.38 | 0.55 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.47 | 0.76 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.85 | 17.53 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Mirae Asset ELSS Tax Saver Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.0%
- Debt0.0%
- Other1.0%
Market cap split
- Large58.3%
- Mid21.1%
- Small20.6%
- P/E
- 21.71
- P/B
- 2.82
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 8.77% | ₹2,160 Cr | +9.56% | +9.35% | +9.79% |
| ICICI Bank Ltd. | Financial | 5.19% | ₹1,278 Cr | +5.11% | +5.08% | +5.06% |
| Laurus Labs Ltd. | Healthcare | 4.55% | ₹1,120 Cr | +3.96% | +3.09% | +1.45% |
| Reliance Industries Ltd. | Energy | 4.34% | ₹1,070 Cr | +4.67% | +3.97% | +3.15% |
| State Bank of India | Financial | 4.09% | ₹1,007 Cr | +4.16% | +3.90% | +4.08% |
| Axis Bank Ltd. | Financial | 3.66% | ₹902 Cr | +3.12% | +3.45% | +4.31% |
| Bharti Airtel Ltd. | Communication | 3.60% | ₹886 Cr | +2.53% | +2.64% | +1.56% |
| Delhivery Ltd. | Services | 2.41% | ₹592 Cr | +2.41% | +3.12% | +1.83% |
| Hindalco Industries Ltd. | Metals & Mining | 2.40% | ₹591 Cr | +0.01% | +0.05% | +0.04% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.34% | ₹576 Cr | +2.35% | +0.71% | +1.88% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 2.02% | ₹498 Cr | +2.29% | +2.19% | +1.32% |
| Infosys Ltd. | Technology | 1.96% | ₹481 Cr | +2.21% | +3.27% | +3.99% |
| SBI Life Insurance Company Ltd. | Insurance | 1.95% | ₹481 Cr | +2.03% | +0.55% | +0.90% |
| Steel Authority Of India Ltd. | Metals & Mining | 1.84% | ₹452 Cr | +1.39% | +1.02% | +0.27% |
| Interglobe Aviation Ltd. | Services | 1.79% | ₹441 Cr | +1.40% | +1.60% | +1.26% |
| Equitas Small Finance Bank Ltd. | Financial | 1.76% | ₹433 Cr | +1.65% | +0.95% | +0.93% |
| Maruti Suzuki India Ltd. | Automobile | 1.74% | ₹428 Cr | +0.58% | 0.00% | +2.64% |
| ITC Ltd. | Consumer Staples | 1.65% | ₹407 Cr | +2.48% | +2.82% | +3.81% |
| Hero Motocorp Ltd. | Automobile | 1.58% | ₹388 Cr | +1.08% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.55% | ₹383 Cr | +1.44% | +0.63% | +1.36% |
| PB Fintech Ltd. | Services | 1.54% | ₹378 Cr | +2.56% | +2.87% | +1.41% |
| Indusind Bank Ltd. | Financial | 1.53% | ₹377 Cr | +2.02% | +2.57% | +1.55% |
| Ceat Ltd. | Automobile | 1.50% | ₹370 Cr | +1.52% | +1.60% | +1.48% |
| Tata Communications Ltd. | Communication | 1.50% | ₹370 Cr | +2.14% | +1.70% | +0.62% |
| Divi's Laboratories Ltd. | Healthcare | 1.48% | ₹364 Cr | +0.27% | +0.21% | +1.16% |
| Swiggy Ltd. | Services | 1.43% | ₹351 Cr | +1.29% | +1.33% | +1.46% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.41% | ₹347 Cr | +1.51% | +1.19% | — |
| FSN E-Commerce Ventures Ltd. | Services | 1.36% | ₹335 Cr | +1.93% | +1.44% | +0.69% |
| Tata Power Company Ltd. | Energy | 1.34% | ₹329 Cr | +1.05% | +0.98% | +0.98% |
| Larsen & Toubro Ltd. | Construction | 1.34% | ₹329 Cr | +1.01% | +1.99% | +2.50% |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 1.33% | ₹328 Cr | +1.19% | +1.34% | — |
| Go Digit General Insurance Ltd. | Insurance | 1.30% | ₹320 Cr | +1.53% | +1.70% | +1.45% |
| SKF India (Industrial) Ltd. | Capital Goods | 1.27% | ₹313 Cr | +1.29% | +1.02% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.22% | ₹300 Cr | +1.81% | — | — |
| Narayana Hrudayalaya Ltd. | Healthcare | 1.21% | ₹299 Cr | — | — | — |
| Tata Consultancy Services Ltd. | Technology | 1.10% | ₹272 Cr | +1.61% | +2.34% | +3.15% |
| Prestige Estates Projects Ltd. | Construction | 1.08% | ₹267 Cr | +1.84% | +1.60% | +1.23% |
| Others | Others | 1.01% | ₹249 Cr | +0.52% | +0.65% | +0.14% |
| SKF India Ltd. | Capital Goods | 0.97% | ₹238 Cr | +1.01% | +0.97% | +1.29% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.96% | ₹236 Cr | +1.15% | +1.63% | +1.02% |
| Ambuja Cements Ltd. | Materials | 0.94% | ₹231 Cr | +1.00% | +1.94% | +1.23% |
| Timken India Ltd. | Capital Goods | 0.92% | ₹227 Cr | +0.68% | +0.84% | +0.55% |
| Greenply Industries Ltd. | Materials | 0.91% | ₹223 Cr | +0.85% | +0.59% | +0.87% |
| Bata India Ltd. | Consumer Discretionary | 0.90% | ₹222 Cr | +0.94% | +0.95% | +1.18% |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.90% | ₹221 Cr | — | — | — |
| Gujarat Energy Ltd. | Energy | 0.83% | ₹204 Cr | +1.09% | +0.20% | +0.24% |
| Sapphire Foods India Ltd. | Services | 0.82% | ₹202 Cr | +0.66% | — | — |
| Gujarat Fluorochemicals Ltd. | Chemicals | 0.80% | ₹196 Cr | +0.99% | +0.61% | — |
| KFin Technologies Ltd. | Financial | 0.78% | ₹193 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 0.70% | ₹173 Cr | +0.99% | +0.01% | +0.84% |
| Karamtara Engineering Ltd. | Energy | 0.68% | ₹168 Cr | — | — | — |
| Eternal Ltd. | Services | 0.67% | ₹165 Cr | +0.86% | +2.33% | +0.85% |
| Kotak Mahindra Bank Ltd. | Financial | 0.59% | ₹146 Cr | +0.53% | +0.72% | +0.99% |
| Bharat Forge Ltd. | Automobile | 0.58% | ₹142 Cr | +1.16% | +1.73% | +1.14% |
| Tata Steel Ltd. | Metals & Mining | 0.56% | ₹138 Cr | +0.02% | +1.04% | +1.83% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.52% | ₹129 Cr | +0.52% | +0.03% | +0.22% |
| PI Industries Ltd. | Chemicals | 0.46% | ₹113 Cr | — | — | — |
| Ola Electric Mobility Ltd. | Automobile | 0.43% | ₹106 Cr | +0.52% | +0.24% | +0.52% |
| Milky Mist Dairy Food Ltd. | Consumer Staples | 0.42% | ₹104 Cr | — | — | — |
| Gland Pharma Ltd. | Healthcare | 0.30% | ₹75.02 Cr | +1.79% | +1.76% | +1.50% |
| Symbiotec Pharmalab Ltd. | Healthcare | 0.26% | ₹64.44 Cr | — | — | — |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.23% | ₹56.75 Cr | +1.08% | +1.60% | +1.37% |
| Prince Pipes and Fittings Ltd. | Materials | 0.22% | ₹54.75 Cr | +0.24% | +0.19% | +0.26% |
| Gateway Distriparks Ltd. | Services | 0.19% | ₹46.80 Cr | +0.21% | +0.21% | +0.24% |
| GSPL Transmission Ltd. | Energy | 0.17% | ₹41.51 Cr | — | — | — |
| Grasim Industries Ltd. | Materials | 0.06% | ₹15.86 Cr | +0.06% | +0.70% | +0.03% |
| Power Finance Corporation Ltd. | Financial | 0.03% | ₹7.99 Cr | +0.75% | +0.50% | +0.66% |
| Multi Commodity Exchange Of India Ltd. | Services | 0.02% | ₹6.10 Cr | +0.30% | +0.31% | +1.06% |
| Titan Company Ltd. | Consumer Discretionary | 0.02% | ₹4.69 Cr | +0.79% | +0.73% | +0.66% |
| Moneyview Ltd. | Financial | 0.00% | ₹1.09 Cr | — | — | — |
| Mirae Asset Liquid Fund Direct- Growth | Unclassified | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| PB Fintech Ltd. | 3.27% | 1.54% | -1.74% |
| Bharti Airtel Ltd. | 2.74% | 3.60% | +0.85% |
| Others | 0.43% | -0.33% | -0.76% |
| Karamtara Engineering Ltd. | 0.00% | 0.68% | +0.68% |
| Gland Pharma Ltd. | 0.94% | 0.30% | -0.63% |
| Indusind Bank Ltd. | 2.10% | 1.53% | -0.57% |
| Vedanta Aluminium Metal Ltd. | 1.69% | 1.22% | -0.48% |
| Bharat Forge Ltd. | 1.04% | 0.58% | -0.47% |
| Godrej Consumer Products Ltd. | 0.45% | 0.90% | +0.45% |
| Hindalco Industries Ltd. | 1.96% | 2.40% | +0.44% |
| Milky Mist Dairy Food Ltd. | 0.00% | 0.42% | +0.42% |
| Hero Motocorp Ltd. | 1.21% | 1.58% | +0.36% |
| HDFC Bank Ltd. | 8.43% | 8.77% | +0.35% |
| Eternal Ltd. | 0.33% | 0.67% | +0.34% |
| Bharat Petroleum Corporation Ltd. | 1.04% | 0.70% | -0.34% |
| Timken India Ltd. | 0.61% | 0.92% | +0.31% |
| Tata Consultancy Services Ltd. | 1.41% | 1.10% | -0.30% |
| Infosys Ltd. | 2.22% | 1.96% | -0.26% |
| Symbiotec Pharmalab Ltd. | 0.00% | 0.26% | +0.26% |
| Laurus Labs Ltd. | 4.31% | 4.55% | +0.24% |
| Interglobe Aviation Ltd. | 1.56% | 1.79% | +0.23% |
| Capillary Technologies India Ltd. | 0.23% | 0.00% | -0.23% |
| Apollo Hospitals Enterprise Ltd. | 1.18% | 0.96% | -0.22% |
| Wockhardt Ltd. | 0.19% | 0.00% | -0.19% |
| Prestige Estates Projects Ltd. | 1.25% | 1.08% | -0.17% |
| Tata Steel Ltd. | 0.40% | 0.56% | +0.16% |
| Tata Communications Ltd. | 1.65% | 1.50% | -0.15% |
| Lenskart Solutions Ltd. | 1.27% | 1.41% | +0.14% |
| Tata Power Company Ltd. | 1.20% | 1.34% | +0.13% |
| Tata Motors Passenger Vehicles Ltd. | 0.36% | 0.23% | -0.13% |
| ICICI Bank Ltd. | 5.32% | 5.19% | -0.13% |
| Ola Electric Mobility Ltd. | 0.54% | 0.43% | -0.11% |
| Delhivery Ltd. | 2.29% | 2.41% | +0.11% |
| Narayana Hrudayalaya Ltd. | 1.10% | 1.21% | +0.11% |
| Crompton Greaves Consumer Electricals Ltd. | 2.13% | 2.02% | -0.11% |
| Go Digit General Insurance Ltd. | 1.20% | 1.30% | +0.10% |
| Maruti Suzuki India Ltd. | 1.83% | 1.74% | -0.10% |
| Greenply Industries Ltd. | 0.82% | 0.91% | +0.09% |
| SBI Life Insurance Company Ltd. | 1.87% | 1.95% | +0.09% |
| Divi's Laboratories Ltd. | 1.40% | 1.48% | +0.07% |
| Tata Motors Ltd. | 0.07% | 0.00% | -0.07% |
| Swiggy Ltd. | 1.50% | 1.43% | -0.07% |
| State Bank of India | 4.03% | 4.09% | +0.06% |
| Axis Bank Ltd. | 3.62% | 3.66% | +0.04% |
| Sun Pharmaceutical Industries Ltd. | 2.38% | 2.34% | -0.04% |
| ITC Ltd. | 1.69% | 1.65% | -0.04% |
| SKF India Ltd. | 0.93% | 0.97% | +0.04% |
| Kotak Mahindra Bank Ltd. | 0.56% | 0.59% | +0.04% |
| Mahindra & Mahindra Ltd. | 1.52% | 1.55% | +0.04% |
| Ceat Ltd. | 1.47% | 1.50% | +0.04% |
| Canara HSBC Life Insurance Company Ltd. | 1.31% | 1.33% | +0.03% |
| Bata India Ltd. | 0.93% | 0.90% | -0.02% |
| FSN E-Commerce Ventures Ltd. | 1.33% | 1.36% | +0.02% |
| Sapphire Foods India Ltd. | 0.84% | 0.82% | -0.02% |
| Gujarat Energy Ltd. | 0.80% | 0.83% | +0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.50% | 0.52% | +0.02% |
| PI Industries Ltd. | 0.44% | 0.46% | +0.02% |
| Prince Pipes and Fittings Ltd. | 0.24% | 0.22% | -0.02% |
| Equitas Small Finance Bank Ltd. | 1.75% | 1.76% | +0.01% |
| Reliance Industries Ltd. | 4.35% | 4.34% | -0.01% |
| Gateway Distriparks Ltd. | 0.18% | 0.19% | +0.01% |
| Gujarat Fluorochemicals Ltd. | 0.79% | 0.80% | +0.01% |
| SKF India (Industrial) Ltd. | 1.27% | 1.27% | -0.01% |
| Moneyview Ltd. | 0.00% | 0.00% | 0.00% |
| GSPL Transmission Ltd. | 0.16% | 0.17% | 0.00% |
| Larsen & Toubro Ltd. | 1.34% | 1.34% | 0.00% |
| Steel Authority Of India Ltd. | 1.84% | 1.84% | 0.00% |
| KFin Technologies Ltd. | 0.78% | 0.78% | 0.00% |
| Grasim Industries Ltd. | 0.07% | 0.06% | 0.00% |
| Power Finance Corporation Ltd. | 0.03% | 0.03% | 0.00% |
| Multi Commodity Exchange Of India Ltd. | 0.02% | 0.02% | 0.00% |
| Titan Company Ltd. | 0.02% | 0.02% | 0.00% |
| Ambuja Cements Ltd. | 0.94% | 0.94% | 0.00% |
| Mirae Asset Liquid Fund Direct- Growth | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,088 Cr | 2.35% | 8.8% | 8.1% | 13.5% |
 Motilal Oswal ELSS Tax Saver Fund | ₹4,890 Cr | 2.07% | 8.1% | 8.8% | 16.0% |
 HSBC ELSS Tax saver Fund | ₹3,974 Cr | 1.98% | 8.0% | 7.9% | 12.9% |
 Baroda BNP Paribas ELSS Tax Saver Fund | ₹857 Cr | 2.46% | 6.6% | 7.2% | 11.9% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹481 Cr | 2.60% | 10.8% | 8.6% | — |
 JM ELSS - Tax Saver Fund | ₹240 Cr | 2.66% | 10.6% | 7.7% | 13.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.
Fund managers
- Neelesh SuranaMr. Surana is B.E (Mechanical) and MBA in Finance.Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.76% absolute | ₹60,000 | ₹62,856 | 4.76% | |
| 1 year0.24% annualised | ₹1,20,000 | ₹1,20,156 | 0.13% | |
| 3 years12.46% annualised | ₹3,60,000 | ₹4,38,323 | 21.76% | |
| 5 years9.27% annualised | ₹6,00,000 | ₹7,65,479 | 27.58% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Mirae Asset ELSS Tax Saver Fund?
The NAV of Mirae Asset ELSS Tax Saver Fund is ₹50.63 as on 9 Nov 2026.
What is the expense ratio of Mirae Asset ELSS Tax Saver Fund?
The expense ratio of Mirae Asset ELSS Tax Saver Fund is 1.95% per year.
What is the minimum SIP amount for Mirae Asset ELSS Tax Saver Fund?
You can start a SIP in Mirae Asset ELSS Tax Saver Fund with ₹3,000 a month.
What returns has Mirae Asset ELSS Tax Saver Fund given?
Mirae Asset ELSS Tax Saver Fund has returned 5.1% over 1 year, 6.3% over 3 years and 10.5% over 5 years (annualised).
Is there a lock-in or exit load on Mirae Asset ELSS Tax Saver Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is Mirae Asset ELSS Tax Saver Fund?
Mirae Asset ELSS Tax Saver Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages Mirae Asset ELSS Tax Saver Fund?
Mirae Asset ELSS Tax Saver Fund is managed by Mirae Asset Mutual Fund, which runs 54 schemes with ₹2,45,364 Cr under management.