Mirae Asset ELSS Tax Saver Fund

ELSS Tax SaverEquity SEBI-regulated

NAV (Direct-Growth)

₹57.8470

As of 3 Jul 2026 · AMFI

AUM

₹25.4K Cr

Expense ratio

0.56%

1Y returns

+2.55%

cat -1.72%

3Y CAGR

+15.15%

cat 12.95%

5Y CAGR

+13.51%

cat 12.58%

Std deviation 3Y

+15.51%

cat 15.47%

In plain English

Mirae Asset ELSS Tax Saver Fund is a ELSS Tax Saver scheme from Mirae Asset. The portfolio is ~99% in equities. Long-run track record: about 13.5% CAGR over 5 years. Volatility is typical for equity — 20–30 % drawdowns happen during market stress. Worst historical drawdown: -38% in Mar 2020, recovered in 7 months. Mandatory 3-year lock-in. Wrong fit if you need access sooner.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

Showing Direct · Growth · INF769K01DM9

NAV (Direct-Growth)

₹57.8470

Last 1Y

+3.64%

Jul 25Min ₹49.63 · Max ₹58.43 · 201 ptsJul 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Mar 2020

-37.8%

Peak ₹20.77 on 16 Jan 2020 → trough ₹12.91 on 23 Mar 2020 (2 months down).

Recovered in 7 months· 6 Oct 2020

Jun 2022

-17.9%

Peak ₹35.88 on 18 Oct 2021 → trough ₹29.45 on 20 Jun 2022 (8 months down).

Recovered in 11 months· 29 May 2023

Feb 2025

-17.1%

Peak ₹56.45 on 26 Sept 2024 → trough ₹46.79 on 28 Feb 2025 (5 months down).

Recovered in 7 months· 17 Sept 2025

Mar 2026 — ongoing

-15.1%

Peak ₹58.43 on 2 Jan 2026 → trough ₹49.63 on 31 Mar 2026 (3 months down).

Not yet recovered

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

5 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
0.56% — well below typical 1% for equity.
AUM size
₹25.4K Cr.
Sector concentration
Top 3 sectors = 59.9% — diversified across sectors.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	-0.47%	-1.21%	38/ 55
1M	+8.27%	+6.78%	26/ 55
3M	-0.46%	-0.40%	32/ 55
6M	-1.26%	-2.61%	23/ 54
YTD	-1.33%	-2.27%	29/ 54
1Y	+2.55%	-1.72%	19/ 54
2Y	+7.86%	+4.55%	14/ 54
3Y	+15.15%	+12.95%	24/ 52
5Y	+13.51%	+12.58%	29/ 47
7Y	+16.88%	+12.47%	16/ 46
10Y	+18.38%	+14.00%	3/ 32

Portfolio composition

Asset allocation

Equity99.00%
Cash1.00%

By market cap

Large cap54.48%
Mid cap22.28%
Small cap15.10%
Others8.14%

Concentration

Holdings

Avg market cap

₹1.53 L Cr

Top 10 stocks

40.91%

Top 5 stocks

25.75%

Top 3 sectors

59.87%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

1
HDFC Bank Ltd
—9.35%
1
HDFC Bank Ltd
—9.35%
2
ICICI Bank Ltd
—5.08%
2
ICICI Bank Ltd
—5.08%
3
Reliance Industries Ltd
—3.97%
3
Reliance Industries Ltd
—3.97%
4
State Bank of India
—3.90%
4
State Bank of India
—3.90%
5
Axis Bank Ltd
—3.45%
5
Axis Bank Ltd
—3.45%
6
Infosys Ltd
—3.27%
6
Infosys Ltd
—3.27%
7
Delhivery Ltd
—3.12%
7
Delhivery Ltd
—3.12%
8
Laurus Labs Ltd
—3.09%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio24.0424.09-0.05
P/B ratio2.893.29-0.40
Price / Sales2.502.96-0.46
Price / Cash Flow14.8018.13-3.33
Dividend yield1.25%1.23%+0.02
Return on equity (ROE)12.82%16.61%-3.79

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
14.1415.5114.1917.2615.4714.47
Sharpe ratio
Risk-adjusted return — higher is better.
-0.110.570.55-0.400.450.49
Sortino ratio
Like Sharpe but only counts downside volatility.
-0.150.850.84-0.500.670.75
Beta
1 = moves with the market. <1 = less volatile.
1.041.000.960.960.960.94

Peers in ELSS Tax Saver

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

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