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you are here: Moneycontrol Mutual Funds ELSS Mirae Asset Mutual Fund Mirae Asset Tax Saver Fund - Direct Plan (G)

Mirae Asset Tax Saver Fund - Direct Plan (G)

Plan: Direct | Option: Growth | Type : Open-Ended | AMFI Code: 135781
16.879 0.19 ( 1.13 %)
NAV as on 20 Feb, 2019
Crisil MF Rank
Riskometer
MODERATELY HIGH
FUND CLASS
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Info

Very Good performance in the category

The scheme is ranked 1 in ELSS category by Crisil (for quarter ended Dec 2018 ) rank unchanged from last quarter. If you are already invested in this scheme, you may continue to stay invested. But, do keep a check on its performance.

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Returns (NAV as on Feb 20, 2019)
Period Returns(%) Rank#
1 Month -2.3 24
3 Months -0.4 35
6 Months -6.8 7
1 Year 1.3 5
2 Years 13.4 1
3 Years 23.2 1
5 Years - -

# Moneycontrol Rank within 116 ELSS Schemes

*Returns over 1 year are Annualised

* Calculation Remark - Dividends are reinvested at the rate of return

Absolute Returns (in %)
Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2018 -7.5 1.6 2.1 2.7 -0.3
2017 16.5 8.1 3.8 11.5 49.3
2016 -3.1 11.6 11.2 -5.4 16.4
2015 - - - 0.2 0.2

View where it stands within its peers

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Performance

Fund returns v/s Category average (ELSS)

* Returns over 1 year are Annualised
  1mth(%) 3mth(%) 6mth(%) 1yr(%) 2yr(%) 3yr(%) 5yr(%)
Fund Returns -2.3 -0.4 -6.8 1.3 13.4 23.2 0
Category average -4 -2.5 -10.7 -6.9 5.8 13.8 15.8
Difference of Fund returns and Category returns 1.7 2.1 3.9 8.2 7.6 9.4 0
Best of Category -1.4 1.4 -4.9 3.5 13.4 23.2 20.3
Worst of Category -8.3 -7.7 -19.9 -21.1 -3 7.3 10.2
Benchmark returns # -3 -0.8 -9.1 -0.5 8.2 14 13.2
Difference of Fund returns and Benchmark returns 0.7 0.4 2.3 1.8 5.2 9.2 0
# Benchmark Index: S&P BSE 200

Investment Information

Investment Objective

The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.

Registrars
Load Details
  • Entry Load:

    N.A

  • Exit Load:

    0

  • Load Comments:

    N.A.

Contact Details
peer comparison
Fund Crisil Rank Assets(Rs Cr.) Current NAV 3mth(%) 6mth(%) 1yr(%) 3yr(%) 5yr(%)
Axis Long Term Equity Fund - Regular Plan (G) 15,430.60 40.8 -1.4 -10.2 1.5 13.5 18.9
Axis Long Term Equity Fund - Direct Plan (G) 1,542.70 43.7 -1.1 -9.7 2.5 14.8 20.3
Reliance Tax Saver (ELSS) Fund (G) 8,946.75 50 -7.0 -14.5 -21.1 8.5 15.6
Reliance Tax Saver (ELSS) Fund - Direct Plan (G) 701.20 52.5 -6.8 -14.1 -20.3 9.5 16.6
Aditya Birla Sun Life Tax Relief '96 - Direct Plan (G) 827.71 31.2 -1.1 -9.3 -2.8 15.8 20.0
*Returns over 1 year are Annualised

Portfolio

Top 10 Holdings As on Dec 31, 2018
Company Sector Value %Assets
HDFC Bank Banking/Finance 10.31 8.68
Reliance Oil & Gas 6.03 5.08
ICICI Bank Banking/Finance 5.54 4.67
Axis Bank Banking/Finance 5.52 4.65
SBI Banking/Finance 3.62 3.55
TCS Technology 4.04 3.40
Larsen Engineering 3.51 3.05
Tata Steel Metals & Mining 3.27 2.96
Kotak Mahindra Banking/Finance 4.21 2.75
Havells India Engineering 2.99 2.52
Asset Allocation (%) As on Dec 31, 2018
Equity 99.41
Others 0.00
Debt 0.00
Mutual Funds 0.20
Money Market 0.00
Cash / Call 0.37
Sector Allocation (%) As on Dec 31, 2018
Sector %
Banking/Finance 28.16
Automotive 8.82
Pharmaceuticals 8.21
Oil & Gas 7.53
Technology 7.50
Metals & Mining 6.33
Concentration As on Dec 31, 2018
Holdings %
Top 5 26.63
Top 10 99.41
Sectors %
Top 3
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