Mirae Asset Mutual Fund · Direct Growth · SEBI Category: ELSS
Mirae Asset ELSS Tax Saver Fund combines the dual benefit of Section 80C tax saving with Mirae Asset's internationally-backed equity research. The fund invests in a diversified portfolio of quality businesses across market caps — applying the same research framework that has made Mirae Asset's large cap and flexi cap schemes among the most respected in India.
The fund benefits from Mirae Asset's global research network — the Korean parent company brings international investment perspectives and sector research that complements domestic equity analysis. The portfolio focuses on quality businesses with durable competitive advantages, strong return on capital and capable management — characteristics that align well with the long-term investment horizon encouraged by the 3-year ELSS lock-in.
Neelesh Surana is CIO — Equity at Mirae Asset Mutual Fund and has been managing Mirae Asset ELSS Tax Saver Fund since its inception. He is known for a research-driven, quality-growth investment approach that has consistently delivered strong long-term returns across Mirae Asset's equity schemes. His focus on businesses with strong earnings compounding and reasonable valuations defines the fund's character.
For current co-manager details and full biography, refer to the latest Mirae Asset Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
Live data. Current fund highlighted. Click any fund name for full analysis.
| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| Axis ELSS Tax Saver Fund | ₹109.68 | ₹31.8K Cr Jan–Mar 2026 | +0.1% | +11.7% p.a. | +8.2% p.a. | 0.41 |
| SBI ELSS Tax Saver Fund | ₹477.70 | ₹28.6K Cr Jan–Mar 2026 | -0.3% | +18.2% p.a. | +17.6% p.a. | 1.02 |
| Mirae Asset ELSS Tax Saver Fund ▲ | ₹57.84 | ₹25.5K Cr Jan–Mar 2026 | +4.0% | +15.4% p.a. | +13.7% p.a. | 0.73 |
| DSP ELSS Tax Saver Fund | ₹156.58 | ₹16.0K Cr Jan–Mar 2026 | -0.1% | +16.7% p.a. | +14.5% p.a. | 0.83 |
| HDFC ELSS Tax Saver | ₹1,488.69 | ₹15.1K Cr Jan–Mar 2026 | -2.5% | +15.9% p.a. | +16.9% p.a. | 0.87 |
Calculated from 2,594 daily NAV records in RightAdvise DB. Last calculated: Jul 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jul 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how Mirae Asset ELSS Tax Saver Fund ranks against other ELSS funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
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