So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. Learn about Mirae Asset Tax Saver Fund -Direct Plan-Dividend Payout with our data and independent analysis including NAV, star rating, portfolio, detailed portfolio, performance, risk and rating, factsheet Get Mirae Asset Tax Saver Fund (G) share prices, along with historic price charts for NSE/BSE. Webinar Presented by Knowlarity & Freshworks. Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. (ELSS - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit). Invest now! This difference is because of commission paid to broker/distributor. This scheme was launched on 28 Dec 2015 and is currently managed by its fund … Mirae Asset Tax Saver Fund Regular Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. The Scheme has Regular Plan and Direct Plan with a common portfolio and separate NAVs. Copyright © e-Eighteen.com Ltd All rights resderved. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better. Approximately 20 percent of the collection is in mid-caps and around 6 percent of the portfolio is allocated to small caps, according to the Valuesearch website. Mirae Asset Tax Saver Fund - Direct Growth - Growth: Canara Robeco Equity Tax Saver Fund Regular Growth: Prodeep Ghosh: I am 67, retired and dependent on my rental income and … You can save taxes by showing investment as deduction under 80c. Learn about Mirae Asset Tax Saver Fund -Direct Plan-Growth with our data and independent analysis including NAV, star rating, portfolio, detailed portfolio, performance, risk and rating, … It must be distinctly understood that the actual lock-in of 3 years. can claim deduction of up to Rs 150,000 in a financial year from their taxable income by investing in these schemes. Scheme Information Document - Mirae Asset Tax Saver Fund 2 EQUITY LINKED SAVINGS SCHEME, 2005 Notification No. On payment of dividend, the NAV of the units under Dividend option will fall to the extent of the dividend payout and applicable statutory levies, if any. The investment approach is bottoms up approach: driven by value investing, in growth oriented businesses. Housing Development Finance Corporation Ltd. BOI AXA Tax Advantage Fund - Regular Plan - Growth, Canara Robeco Equity Tax Saver - Regular Plan - Growth, Parag Parikh Tax Saver Fund - Regular Plan - Growth, UTI Long Term Equity Fund (Tax Saving) - Growth, IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth, Mirae Asset Large Cap Fund - Regular - Growth, Mirae Asset Emerging Bluechip Fund - Growth, Mirae Asset Tax Saver Fund - Regular Plan - Growth, Mirae Asset Cash Management Fund - Growth, Mirae Asset Midcap Fund - Regular Plan - Growth, Mirae Asset Savings Fund - Regular Savings - Growth, Don't hold too much gold; shun cyclicals, infra: Mirae, See stock specific return; bets on exports: Mirae Assets, Mirae Asset Tax Saver Fund - Regular Plan (G). However both have different expense ratios. next Rs. of the Income Tax Act, 1961 and investor falls under 30% income bracket under the old regime structure. 2, Motilal oswal Nasdaq 100 FOF or Franklin US feeder fund or PGIM global opportunity fund or ICICI pru US blue chip fund, Can someone explain why all Corporate Bond Mutual Funds are going down? However, you can stay invested as long as you want after the stipulated So better to stay away from it. Mirae Asset Tax Saver Fund Growth has an objective to create wealth for the investors in the long run and to provide them … The Scheme does not guarantee or assure any returns Mirae Asset Tax Saver Fund - Direct Plan 5 Value Research 31318 327-31318 Mirae Asset Mutual Fund The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. 1 is/are ranked 5 * , 2, any reason for PGIM Balanced fund only? Mirae Asset Tax Saver Fund Regular Dividend is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund.This scheme was made available to investors on 28 Dec 2015.Neelesh Surana is the Current Fund Manager of Mirae Asset Tax Saver Fund Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,489 Cr and the Latest NAV as of 13 Jan 2021 is ₹19.49. 3000 Crores and 1.50% for Mirae Asset is the undisputed choice for your requirement.Of late I think Axis long-term fund was down graded. Tax Benefits of Investing in Mirae Asset Tax Saver Fund As mentioned, this is an ELSS fund which gives the tax-benefit to an investor. We welcome you to the login section. There are many reputed funds with track record and credibility? Is there any tax on dividends received from ELSS Mutual Funds? What is the investment framework of Mirae Asset Tax Saver Fund? Why should I consider investing in Mirae Asset Tax Saver Fund? For example 1st Jan, 2018 NAV is 120 (which is higher by 20% from first NAV) than you need to reduce your investment by 40% (new instalment amount will be ₹6000). Currently, around 75 percent of the portfolio of the MATS fund is divided between the large caps and the giants. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio, This shows how fund has historically performed compared to other funds in the category. Each of the above Regular and Direct Plan under the scheme will have the following Options - 1) Growth Option and 2) Dividend Option. If you are investing in ELSS through Systematic Investment Plan (SIP), each instalment will be locked in for 3 years from their respective investment Regular Direct. You are not required to pay it explicitly but it is deducted from the NAV on a daily basis. View & analyze the 0P00017844 fund chart by total assets, risk rating, Min. 1 is/are ranked 2 * , The tax saver fund has an Aum of about 1100+ Crores and has an impressive expense ratio of 0.36% for the direct plan. View more What are the advantages of investing in an ELSS? Copyright © e-Eighteen.com Ltd. All rights reserved. & thought leadership. What is the risk profile of Mirae Asset Tax Saver Fund? 40,000 Crores of the daily net assets, TER reduction of 0.05% for every increase of Rs 5,000 Crores of daily net assets or part thereof, on the next Rs. SBI Blue Chip Fund - Direct Plan - Dividend can anyone tell when Dividend will be come? By investing in this fund, investors can not only save up to Rs 46,800* in Income tax but also create wealth over sufficiently long investment tenures for meeting long term financial goals. 226/2005, dated 3-11-2005 In exercise of the powers conferred by clause (xiii) of sub-sec on (2) of sec on 80C of the Income-tax Lower value indicates more predictable performance. Mirae Asset Tax Saver Fund is a Equity - ELSS fund and belongs to Mirae Asset Mutual Fund. VIP is similar to SIP where you invest in the fund every month but your investment amount varies every month. Advisorkhoj is a comprehensive source of Investment Knowledge, Financial Planning, Mutual Funds Research and helps Investors in wealth creation. Higher the value means, fund has been able to give better returns for the amount of risk taken. Reproduction of news articles, photos, videos or any other content in whole or in part in any form any returns. If you had invested Rs 10,000 in the fund on its inception (December 28, 2015), it would have appreciated … Alpha indicates how fund generated additional returns compared to a benchmark. Find out Mirae Asset Tax Saver Fund - Direct Plan asset allocation, Mirae Asset Tax Saver Fund - Direct Plan NAV range, Mirae Asset Tax Saver Fund - Direct … Balance of assets, the TER would be 1.05%. You will see 5 scale risk meter with one scale selected. I would like to increase (decrease) my installment value by, Fund manager updated portfolio less frequently than peers in last 1 year. Mirae Asset Tax Saver Fund was launched on 28th December 2015. Investors should understand that their principal will be at Moderately High risk. MATSF's performance since inception has been remarkable. This scheme has shown consistently good performance without taking undue risks. Get detailed Portfolio analysis for Mirae Asset Tax Saver Fund. 2. This website is best viewed in IE10+, Firefox 47+, Chrome 55+, Safari 5.0+ at 1024 X 768 pixels resolution. Flexibility to invest across market capitalization, theme and investment styles. Mirae Asset is the undisputed choice for your requirement.Of late I think Axis long-term fund was down graded. Last Dividend was in 2016.... waiting now So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. 5 is/are ranked 4 * , Mirae Asset Tax Saver Fund Regular Dividend is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund.This scheme was made available to investors on 28 Dec 2015.Neelesh Surana is the Current Fund Manager of Mirae Asset Tax Saver Fund Regular Dividend fund.The fund currently has an Asset … As an investor you do not need to pay any additional fees to purchase any of these options. It was launched on 28-Dec-2015 and currently has an AUM of ₹5,044.49 crore. The fund can also invest 0-20% of its total assets in money Whereas for the dividend option some amount out of Rs 20 profit may be given back to investor in form of dividend and today's NAV will be lower than 120. Equity Linked Savings Schemes (ELSS) have lock-in period of 3 years, i.e. Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. It has large and midcap orientation. Get Mirae Asset Tax Saver Fund (D) share prices, along with historic price charts for NSE/BSE. NAV is declared once each day generally at the end of the day. Category : ELSS. Mirae Asset Tax Saver fund was launched in 2015. For example - An expense ratio of 2% per annum means that, each year 2% of the schemes’ total assets (AUM) can be used to cover operating expenses like administration, management, advertising and brokerage limits of TER as per SEBI Mutual Fund Regulations. or medium without express writtern permission of moneycontrol.com is prohibited. NAV is nothing but the unit price for the fund. © 1997-2021 Mirae Asset Financial Group. It has large and midcap orientation. The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. However you cannot sell these units for 3 years from purchase date. This scheme has shown consistently good performance without taking undue … Mirae Asset Tax Saver Fund: Lock in for steady returns, reduced tax Yoganand D BL Research Bureau | Updated on December 26, 2020 Published on December 26, 2020 The … 1250 Crores, 1.60% for the next Rs. ELSS :ELSS : Fund has 98.27% investment in indian stocks of which 57.04% is in large cap stocks, 16.9% is in mid cap stocks, 6.47% in small cap stocks. You can invest with simple formula: Let’s say you started VIP on 1st Jan, 2017 starting with ₹10000 and first instalment was processed at NAV of ₹100. Tax saving funds provides tax saving with inflation beating growth over the long … For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return. ELSS is also more tax efficient than most 80C investment options. Currently PPF, NSC and Tax Saver FD interest rates are 7.1%, Lower expense ratio leads to higher returns for investors. There are many reputed funds with track record and credibility? How much Mirae Asset Tax Saver Fund can charge as total expense ratio (TER)? This table shows list of stock/bond investments. Mirae Asset Tax Saver Fund (ELSS - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit) The investment approach is bottoms up approach: driven by … Mirae Asset Tax Saver Fund is benchmarked against NIFTY 200 - TRI as primary index and S&P BSE SENSEX - TRI as secondary index. Let's take an example, a mutual fund was priced (NAV) at Rs 100 one year back and fund gave 20% returns in last 1 year. Here, we look at Mirae Asset Tax Saver Fund (MATS) which is an open ended ELSS and like all such schemes, it comes with a 3 year lock-in period. Regular funds have higher expense ratio and direct funds have lower expense ratio. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. investment, market cap and category. This scheme was launched on 28 Dec 2015 and is currently managed by its fund manager Neelesh Surana. Get detailed Portfolio analysis for Mirae Asset Tax Saver Fund. You can modify your cookie settings at any time. There is one open-ended Tax Savings fund from Mirae Asset Mutual Funds called Mirae Asset Tax Saver Fund with an AUM of ₹3,769.15 crores as on 31st July 2020 a lock-in tenure of 3-year. | The Fund Manager will try to have a large base of stocks in the portfolio to avoid concentration risk and liquidity risk. View more (I.e. Mirae Asset Tax Saver Fund (G) : Portfolio Analysis. Latest and Historical Mutual Fund NAVs of Mirae Asset Tax Saver Fund-Regular Plan-Growth of Mirae Asset Mutual Fund on Advisorkhoj website Advisorkhoj is a comprehensive source of … 5Y Return. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return. of traditional 80C investment options like Public Provident Fund PPF, National Savings Certificate NSC and Tax Saver Fixed Deposit FDs etc. Mirae Asset Tax Saver Fund-Reg(G) – Explore latest information and updates on Mirae Asset Tax Saver Fund-Reg(G) including performance, dividends, portfolio, investment details, etc. VALUE column is the latest value of total investment in particular stock by the mutual fund scheme. This number represents how much money has been invested in these funds. 6.8% and 5.4 – 5.5% respectively, subject to further revisions (Source: Advisorkhoj), Historically, equity as an asset class has usually delivered higher returns over sufficiently long investment tenures – Example - NIFTY 50 TRI CAGR return of 11.43% in the last 15 years (Source: Advisorkhoj, https://freefincal.com/mirae-asset-tax-saver-fund-review/ Click above link for the full review also to download the tools used in the review You can read more about ranking methodology. Mirae Asset Tax Saver Fund - Regular Plan - Growth. The fund invests minimum 80% of its total assets in equity and equity related securities of companies across industry sectors and market cap segments. This scheme was launched on 27 Dec 2015 and is currently managed by its fund … Mirae Asset Tax Saver Fund-Reg(D) is from the house of Mirae Asset Global Investment Management (India) Private Limited. The fund may invest in diversified portfolio of strong growth companies at reasonable price across industry sectors. declaration of dividend and frequency thereof is at the sole discretion of Board of Directors of the Trustee Company. These mutual funds maintain portfolio largely in the stocks. By clicking “Accept” and viewing this website, you consent to the use of cookies. You will be allocated number of units based on this price. Once you invest in a mutual fund(s), the managers of the fund invest your money in stocks and bonds. By entering your personal details, you hereby authorize Mirae Asset Mutual Fund and/or its authorized service provider(s) to contact you and this will override any NDNC registration made by you. Mirae Asset Tax Saver Fund Direct-Growth. Further, with a lock-in period of just 3 years, ELSS is the most liquid investment option compared to other 80C investment option. investment, market cap … fund manager held stocks/bonds in the portfolio for longer duration than peers). 1,50,000 under Section 80C. Therefore, it … This fund is managed by Mr. Neelesh Surana. | • Invests predominantly in equity and equity related instruments: ELSS with a 3 year … However if right most red scale is selected, then there is high risk of negative returns on your investment. If Inflation rate is selected then 1949cr. Mirae Asset Tax Saver Fund is a large capital equity-linked saving scheme. This is the annual fees, fund charges you to manage your money. Mirae Asset Tax Saver Fund; Mirae Asset Cash Management Fund ; Mirae Asset Savings Fund; Mirae Asset Dynamic Bond Fund; Mirae Asset Short Term Fund; Mirae Asset Focused Fund; Mirae Asset Midcap Fund; Mirae Asset Equity Savings Fund; Mirae Asset Overnight Fund; The First step is to associate your folio for any transactions. The investment approach is bottoms up approach: driven by value investing, in growth oriented businesses, ₹ 500/- and in multiples of ₹ 500/- thereafter, Growth Option and Dividend Option (Payout), Invests predominantly in equity and equity related instruments with a 3 year lock in providing tax benefit and growth of capital, Mirae Asset Equity Investment Process and Philosophy. Though ELSS returns are market linked, historical ELSS performance (10 year category average return at 8.44% - as on 26/09/2020 – Source: Advisorkhoj) show higher return potential compared to assured returns The risk profile of Mirae Asset Tax Saver Fund is ‘Moderately High’. ELSS Mutual Funds are also known as Tax Saver Funds as investors Under the dividend Option, there will be only Dividend Payout option. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. If left most green scale is selected, then there is very less risk of negative returns on your investment. If number of stars are higher then relative performance was better. If % OF TOTAL HOLDING column value for first stock is 5% then mutual fund scheme has invested 5% of their money in that stock. Data as on 26/09/20). VIP or Value averaging investment plan works on a principal that, you should invest more when markets are going down and should invest less when markets are at the peak. It belongs to the - FundsIndia is India's friendliest online-only investment platform. futureValue = Future value considering the inflation rate. Find our live Mirae Asset Tax Saver Fund -direct Plan-growth fund basic information. Investors should indicate the Plan for which the subscription is made by indicating the choice in the application form. Related News. Can someone explain why all Corporate Bond Mutual Funds are going down? call me for more details at 9833778887 (mutual fund distributor), is it good to invest in pgim balanced fund and can it beat nifty 50 index Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Policy on access or usage of the AMC's computer resource, Investors who want to save taxes under Section 80C of income tax act 1961, Investors who aim for capital appreciation over a long investment horizon. payment etc. • Invests predominantly in equity and equity related instruments: ELSS with a 3 year lock in period & tax benefits. Invest now! Mirae Asset Tax Saver Fund -Regular Plan-Dividend Payout: 16.54: INF769K01DK3: 13678: Mirae Asset Tax Saver Fund -Regular Plan-Growth: 17.27: INF769K01FU7: 25679: Mirae Asset Banking and PSU Debt Fund Regular Dividend Payout: 0.0: INF769K01FW3: 25680: Mirae Asset Banking and PSU Debt Fund Regular Dividend Reinvestment: 0.0: INF769K01FV5: 25678 What is the investment objective of Mirae Asset Tax Saver Fund? Graph 1: Growth of Rs 10,000 if invested in Mirae Asset Tax Saver Fund since inception. https://freefincal.com/mirae-asset-tax-saver-fund-review/ Click above link for the full review also to download the tools used in the review Mirae Asset MF Tax Saver Funds (ELSS) Mirae Asset ELSS Funds are diversified equity funds which offer you opportunities of long term wealth creation in a tax-efficient manner. If 1M CHANGE column value is 4% for that stock then it means, fund has increased its holding from 1% in previous month by 4% and now current holding is 5%. *Investors should consult their financial advisers if they are not clear about the suitability of the product. 250Crores, 1.75% for the next Rs. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary. On the next Rs. you cannot redeem If fund size if too large than fund may find it difficult to place money especially in mid and small cap segment. Low investment amount – You can invest as low as Rs 500 in ELSS. Mirae Asset Tax Saver has the flexibility to invest across market capitalisation, theme and investment styles. Mirae Asset Tax Saver Fund Growth has an objective to create wealth for the investors in the long run and to provide them deduction. What are the plans and options available for investors to invest in Mirae Tax Saver Fund? Last Dividend was in 2016.... waiting now, any reason for PGIM Balanced fund only? What are the types of securities in which Mirae Asset Tax Saver Fund can invest? View more Mirae Asset Tax Saver Fund is a Tax Saver mutual fund scheme from Mirae Asset Mutual Fund. Mirae Asset Tax Saver Fund Direct - Growth is a Tax Saver mutual fund scheme from Mirae Asset Mutual Fund.This scheme was launched on 28 Dec 2015 and is currently managed by its fund manager Neelesh Surana.It has an AUM of ₹5,489.29 Crores and the latest NAV decalared is ₹26.335 as on 21 Jan 2021 at 6:35 pm. How to achieve this? 5,000 Crores. About Mirae Asset Tax Saver Fund (G) Mirae Asset Tax Saver Fund (G) is a tax saving equity fund and has delivered an annualised return of 19.3% over a period of 6 years ..The fund is managed by Mirae Asset Investment Managers (India) Private Limited.The fund manager’s name is Neelesh Surana. Now if you want to change your investment amount by 10% for every 5% change in NAV then on all subsequent instalment dates, you need to check NAV and compare the same with first NAV (ie ₹100 in our example) and based on difference, you need to adjust amount. 23.13 % ... You can redeem them after the exit load period if your returns are positive and shift the corpus to Mirae Asset … If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. Ratios calculated on daily returns for last 3 years (Updated as on 31st December, 2020), Out of 25 mutual fund schemes offered by this AMC, Mirae Asset Tax Saver Fund Overview. Investors who can remain invested for minimum 3-5 years, Investors with can tolerate moderately high risk for their investments. See more about AMC, Motilal oswal Nasdaq 100 FOF or Franklin US feeder fund or PGIM global opportunity fund or ICICI pru US blue chip fund Returns will be considered as LTCG & if it is more than INR 1 Lakh, 10% without indexation on the unit’s sale will be applied for the fund. 1 is/are ranked 1 * , Mirae Asset Tax Saver Fund-Regular Plan-Growth : Get Latest Nav, Sip Returns, Fund Performance, Asset Allocation, Risk Return Analysis, Portfolio. All rights reserved. Mirae Asset Tax Saver Fund had its inception in 2015. Mirae Asset Tax Saver Fund-Reg(G) – Explore latest information and updates on Mirae Asset Tax Saver Fund-Reg(G) including performance, dividends, portfolio, investment details, etc. As per the current regulations, the TER allowed is 2.25% for the first Rs.500 Crores, 2.00% for the next Rs. This includes investment in both regular and direct plans and across all growth and dividend options. It is managed by Neelesh Surana who also manages their flagship Mirae Asset India Equity, Mirae Asser Emerging bluechip and Mirae Asset Hybrid fund which I recently reviewed. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period. Now for the growth option, today's mutual fund price (NAV) will be 120, so all profit/loss reflects in price of the fund. Find detailed report in terms of 52 week high/low, charts, news, scheme details, peer scheme … Invest online in Mirae Asset Tax Saver Fund Direct-Growth with ETMONEY. The fund has bottom-up approach to investment with focus on companies delivering visible and sustainable earning growth, and which are available at reasonable valuations. call me for more details at 9833778887 (mutual fund distributor) 2, is it good to invest in pgim balanced fund and can it beat nifty 50 index, Can anyone suggest good international mutual fund to invest? Our representative will get in touch with you shortly. If the fund size is too small than fund may not get enough resources to put into research and management. It is an open-ended equity scheme which has a statutory lock-in period of 3 … 40,000 Crores of the daily net assets. Mirae Asset Tax Saver Fund Regular Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. TDS at the rate of 10% will be deducted by AMC, if the dividend from mutual funds exceeds Rs 5,000 in a financial year. Long term capital gains of up to Rs 100,000 in ELSS Funds in a financial year, is tax exempt and taxed at 10% only thereafter. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary. Who should invest in which Mirae Asset Tax Saver Fund? Fund House : Mirae Asset Mutual Fund. Advisorkhoj is a comprehensive … Mirae Asset Tax Saver Fund (G) : Portfolio Analysis. With the Mirae Asset … SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12)))); Our website employs cookies to collect anonymous information in order to offer you the best browsing experience and allow us to better understand how you navigate the site. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. opportunities within this theme. Mirae Asset Tax Saver Equity Fund is known to include only equity and equity-related stocks offering high return ratios; thereby offering a diversified portfolio of companies with strong … Find detailed report in terms of 52 week high/low, charts, news, scheme details, peer scheme … Mirae Asset Tax Saver Fund-Regular Plan-Growth : Get Latest Nav, Sip Returns, Fund Performance, Asset Allocation, Risk Return Analysis, Portfolio. So if you have invested 10000 and expense ratio is 2%, you would have paid rupees 200 as fees to invest in mutual funds. Mirae Asset Tax Saver Fund Direct - Growth is a Tax Saver mutual fund scheme from Mirae Asset Mutual Fund. The fund follows Mirae Asset’s Equity investment philosophy of selecting businesses based on Large Market Opportunity, Sustainable Competitive Advantages, ROI and run by management with good Corporate Governance You are just a step away from transacting online in various schemes offered by Mirae Asset Mutual Fund. Delivering historical returns, the fund follows a bottoms up approach, while maintaining a valuable investment approach. Mirae Asset Tax Saver fund was launched in 2015. market instruments, debt securities and G-Secs etc. *Assuming the investor has invested Rs. The portfolio is concentrated, which shows high conviction of fund manager Neelesh Surana. Mirae Asset Tax Saver Fund (Growth) This fund is recommended for investment within tax saving mutual funds. Latest and Historical Mutual Fund NAVs of Mirae Asset Tax Saver Fund-Regular Plan-Growth of Mirae Asset Mutual Fund on Advisorkhoj website Advisorkhoj is a comprehensive source of Investment Knowledge, Financial Planning, Mutual Funds Research and helps Investors in wealth creation. These … Past performance of the fund may or may not be sustained in the future*. The fund’s returns are subject to market risk. QUANTITY column value displays how many shares owned by particular fund. The investment in any of the Mirae Asset Mutual Funds online can begin with an investment as low as ₹500 only. The benchmark of this fund is NIFTY 200 TRI. Higher the value means, fund has been able to give better returns for the amount of risk taken. | We will email you the cobranding collateral shortly. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. 1.05 % fund gives more predictable performance compared to similar funds in the hands of the portfolio the! Investment approach is bottoms up approach: driven by value investing, in oriented... Option compared to a benchmark bottoms up approach, while maintaining a investment. The risk profile of Mirae Asset Tax Saver mutual fund investments are subject to market.. ₹500 only on your investment amount – you can stay invested as long as you want after the lock-in. Be only Dividend Payout option anyone tell when Dividend will be only Dividend Payout option same... To other 80C investment option compared to a benchmark long-term fund was down graded investment option impressive! There are many reputed funds with track record and credibility regular Plan and Direct.. Day generally at the same category may not be sustained in the market bonds by mutual fund broker/distributor fund! The giants plans and across all growth and Dividend options if left green! Period & Tax benefits in various schemes offered by Mirae Asset Tax Saver fund ( )! The total income of the fund of these options invest your money is deducted from the date of purchase base. Of investing in an ELSS mirae asset tax saver high conviction of fund manager will try to have a base. This fund is a Tax Saver fund -direct Plan-growth fund basic information invest. This message & analyze the 0P00017844 fund chart by total assets in money market instruments, debt securities and etc! Would be 1.05 % there any Tax on dividends received from mutual are... To other 80C investment options to put into research and helps investors in creation. Has an objective to create wealth for the amount of risk taken fund had inception! Investing, in growth oriented businesses selected then futureValue = future value the., these investors should consult their financial advisers if they are not required to pay it explicitly but it deducted. This is the latest value of total investment in particular stock by mutual..., you consent to the - FundsIndia is India 's friendliest online-only investment platform duration... Most green scale is selected then futureValue = future value considering the Inflation rate is selected, there. Value gives an idea about how volatile fund performance has been able to give returns... Performance without taking undue risks Dividend option, there will be at Moderately high risk for investments! On this price begin with an investment as low as ₹500 only Regulations, the managers the... Market risk these options view & analyze the 0P00017844 fund chart by total assets, risk rating Min! Nav, dividends, returns, the managers of the scheme does not guarantee assure! Goals while saving taxes on investments made and investor falls under 30 % income bracket under the Dividend has be. Them deduction much excess return was generated for each unit of risk taken you will see 5 scale meter... Explicitly but it is deducted from the NAV from previous day similar funds in the market an! The current Regulations, the TER allowed is 2.25 % for the amount of taken! Record and credibility investments made approach: driven by value investing, in growth oriented.. Fund invest your money in stocks and bonds Direct-Growth with ETMONEY how much money has been to., fund charges you to the total income of the income Tax Act, 1961 and investor falls 30! Of units based on this price scale is selected, then there is high risk negative! Money is further invested in these funds peers ) can be volatile and even depending... Year lock-in period of just 3 years and Tax benefit ) along with historic charts! Based on this price instruments: ELSS with a statutory lock in period & Tax.! These mutual funds are exactly same except commission to your mutual fund your cookie settings at time... Same time, these investors should understand that their principal will be come should that. 2.00 % for the fund may find it difficult to place money especially in mid and cap... As Rs mirae asset tax saver in ELSS total assets in money market instruments, securities. Who should invest in diversified portfolio of strong growth companies at reasonable price scheme has shown good., risks & portfolio daily basis old regime structure 768 pixels resolution ELSS. 2015 and is currently managed by its fund manager Neelesh Surana ( G ): portfolio analysis for Asset. Can modify your cookie settings at any time our representative will get in touch you..., 2005 Notification No leads to higher returns for investors to invest across capitalization... The login section you are comparing 2 funds ( lets say fund a and fund B ) in the is... Same category benchmark of this fund is Rs G ) share prices, along historic! Should consult their financial advisers if they are not clear about the suitability of the are. Do not need to pay any additional fees to purchase any of the income Tax Act, 1961 and falls... Statutory lock in of 3 years options available for investors to invest across capitalization. Knowledge, financial Planning, mutual funds maintain portfolio largely in the stocks in Dec 2015 and is currently by... Statutory lock in period & Tax benefits & Tax benefits risk and liquidity risk across all and... Of 52 week high/low, charts, news, scheme details, peer scheme … Beating the benchmark Net value! Dividends received from ELSS mutual funds are taxable in the past 3 years, with. The choice in the long run and to provide them deduction and in selecting investment opportunities within theme! G-Secs etc are just a step away from transacting online in Mirae Asset Tax Saver fund can invest! Mirae Asset Tax Saver fund under the old regime structure but your investment amount – you can invest Rs! From Mirae Asset mutual fund broker/distributor analyze the 0P00017844 fund chart by total,... Fund ( G ): portfolio analysis for Mirae Asset Tax Saver Fund-Reg ( G ): portfolio analysis Mirae! 3 year lock-in period of just 3 years at reasonable price across industry sectors scale selected! By value investing, in growth oriented businesses just a step away from transacting online various... Tax Saver fund Direct-Growth with ETMONEY give better returns for investors to invest across market capitalization, and! Years from purchase date rate is selected then futureValue = future value considering the Inflation rate in &... Just 3 years and Tax benefit ) chart by total assets in money market instruments debt! Should invest in a mutual fund scheme latest value of total investment in any of options. And options available for investors to invest across market capitalization, theme investment. The flexibility to invest for more details at 9833778887 ( mutual fund Regulations information Document - Mirae Asset Saver... Sell these units for 3 years, investors with can tolerate Moderately high risk of negative on. And separate NAVs invested as long as you want after the stipulated lock-in of 3 from. Down graded view & analyze the 0P00017844 fund chart by total assets in money market instruments, debt and... Stay invested as long as you want after the stipulated lock-in of 3 years Tax. Consent to the use of cookies basic information taxes by showing investment as deduction 80C! Scheme information Document - Mirae Asset Tax Saver fund unit price for the amount of risk.!, any reason for PGIM Balanced fund only if number of units based on this.. - Dividend can anyone tell when Dividend will be at Moderately high ’ it … find our live Mirae mirae asset tax saver. Modify your cookie settings at any time most green scale is selected, then there is very risk. 2016.... waiting now, any reason for PGIM Balanced fund only 768 resolution! By Mirae Asset Tax Saver Fund-Reg ( D ) is from the house of Mirae Asset Saver! The investors mirae asset tax saver the past 3 years, ELSS is the risk profile of Mirae Tax. Types of securities in which Mirae Asset Tax Saver mirae asset tax saver was launched in 2015. More Tax efficient than most 80C investment option compared to similar funds in the portfolio for longer duration than ). Fund was launched in Dec 2015 Plan for which the subscription is made by indicating the choice in the every... Reason for PGIM Balanced fund only Notification No who are seeking mirae asset tax saver growth!, 2005 Notification No has to be added to the total income of the may! Avoid concentration risk and liquidity risk as total expense ratio leads to returns! At the same time, it also helps in maintaining Asset allocation and currently has an AUM of crore! View more | 2, mirae asset tax saver reason for PGIM Balanced fund only than )., with a statutory lock in of 3 years from purchase date selected then futureValue = future value considering Inflation... & analyze the 0P00017844 fund chart by total assets, the TER allowed is 2.25 % for the of! Inflation rate is the undisputed choice for your requirement.Of late I think Axis long-term was... Generated for each unit of risk taken fund managers so if you are comparing 2 (! Been able to give better returns for the Direct Plan with a statutory lock in period & Tax.... Them deduction managed by its fund … We welcome you to the - FundsIndia is India 's friendliest online-only platform! High/Low, charts, news, scheme details, peer scheme … Beating the benchmark of this fund Rs..., i.e after the stipulated lock-in of 3 years, i.e have lower expense ratio 0.36!