Mirae Asset Tax Saver Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | ELSS (Tax Saving) Fund | |||||
BMSMONEY Rank | 20 | |||||
BMSMONEY Rating | ||||||
Growth Option | As On: | 16-04-2024 | ||||
NAV | ₹41.74 (R) | -0.07% | ₹46.66 (D) | -0.07% | ||
Returns Gro. Opt. | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum Reg. P | 35.8% | 18.88% | 18.63% | 17.41% | -% | |
LumpSum Dir. P | 37.18% | 20.24% | 20.21% | 18.95% | -% | |
SIP Reg. P | 30.91% | 18.66% | 21.31% | 18.84% | -% | |
SIP Dir. P | 32.21% | 19.91% | 22.78% | 20.32% | -% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
0.76 | 0.4 | 0.81 | 1.45% | 0.1 | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
12.14% | -12.9% | -11.24% | 0.89 | 8.51% |
NAV Date: 16-04-2024
Scheme Name | NAV | Rupee Change | Percent Change |
---|---|---|---|
Mirae Asset Tax Saver Fund Regular IDCW | 23.82 |
-0.0200
|
-0.0700%
|
Mirae Asset Tax Saver Fund Direct IDCW | 27.7 |
-0.0200
|
-0.0600%
|
Mirae Asset Tax Saver Fund-Regular Plan-Growth | 41.74 |
-0.0300
|
-0.0700%
|
Mirae Asset Tax Saver Fund-Direct Plan -Growth | 46.66 |
-0.0300
|
-0.0700%
|
Review Date: Feb. 29, 2024
The ELSS (Tax Saving) Fund category has 35 funds. Performance of the Mirae Asset Tax Saver Fund has been analyzed on 21 performance parameters. Out of nine return parameters, the fund has one return parameter in first quartile; whereas two risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved 20th (out of 35 funds), which is ok rank in the ELSS (Tax Saving) Fund category.KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Better Than Cat. Avg | In 1st Quartile | In 4th Quartile |
---|---|---|---|---|---|---|---|---|
1M Return % | 4.04 |
3.39
|
0.97 | 8.56 | 11 | 35 |
Yes
|
No
|
No
|
|
3M Return % | 5.08 |
5.64
|
1.07 | 12.27 | 20 | 35 |
No
|
No
|
No
|
|
6M Return % | 15.57 |
17.17
|
8.68 | 33.05 | 21 | 35 |
No
|
No
|
No
|
|
1Y Return % | 35.80 |
38.65
|
23.26 | 60.60 | 20 | 35 |
No
|
No
|
No
|
|
3Y Return % | 18.88 |
20.06
|
11.28 | 31.34 | 19 | 33 |
No
|
No
|
No
|
|
5Y Return % | 18.63 |
16.86
|
9.95 | 31.27 | 8 | 31 |
Yes
|
Yes
|
No
|
|
7Y Return % | 17.41 |
14.47
|
10.22 | 24.41 | 3 | 29 |
Yes
|
Yes
|
No
|
|
1Y SIP Return % | 30.91 |
33.85
|
18.11 | 62.36 | 20 | 35 |
No
|
No
|
No
|
|
3Y SIP Return % | 18.66 |
20.42
|
13.92 | 32.25 | 20 | 33 |
No
|
No
|
No
|
|
5Y SIP Return % | 21.31 |
21.06
|
13.27 | 36.30 | 13 | 31 |
Yes
|
No
|
No
|
|
7Y SIP Return % | 18.84 |
17.64
|
11.10 | 29.99 | 10 | 29 |
Yes
|
No
|
No
|
|
Standard Deviation | 12.14 |
12.70
|
9.92 | 16.81 | 9 | 33 |
Yes
|
Yes
|
No
|
|
Semi Deviation | 8.51 |
8.84
|
7.09 | 11.91 | 15 | 33 |
Yes
|
No
|
No
|
|
Max Drawdown % | -11.24 |
-12.33
|
-22.81 | -6.28 | 13 | 33 |
Yes
|
No
|
No
|
|
VaR 1 Y % | -12.90 |
-14.08
|
-20.17 | -11.38 | 9 | 33 |
Yes
|
Yes
|
No
|
|
Average Drawdown % | -7.16 |
-5.05
|
-8.14 | -2.87 | 32 | 33 |
No
|
No
|
Yes
|
|
Sharpe Ratio | 0.76 |
0.83
|
0.14 | 1.46 | 19 | 33 |
No
|
No
|
No
|
|
Sterling Ratio | 0.81 |
0.85
|
0.29 | 1.53 | 19 | 33 |
No
|
No
|
No
|
|
Sortino Ratio | 0.40 |
0.45
|
0.09 | 0.82 | 19 | 33 |
No
|
No
|
No
|
|
Jensen Alpha % | 1.45 |
2.44
|
-8.96 | 17.77 | 19 | 33 |
No
|
No
|
No
|
|
Treynor Ratio | 0.10 |
0.12
|
0.02 | 0.26 | 21 | 33 |
No
|
No
|
No
|
|
Modigliani Square Measure % | 18.83 |
19.26
|
8.41 | 30.07 | 18 | 33 |
No
|
No
|
No
|
|
Alpha % | -0.50 |
0.51
|
-8.84 | 16.09 | 19 | 33 |
No
|
No
|
No
|
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Better Than Cat. Avg | In 1st Quartile | In 4th Quartile |
---|---|---|---|---|---|---|---|---|
1M Return % | 4.12 | 3.49 | 1.05 | 8.66 | 11 | 35 |
Yes
|
No
|
No
|
|
3M Return % | 5.34 | 5.92 | 1.43 | 12.52 | 21 | 35 |
No
|
No
|
No
|
|
6M Return % | 16.13 | 17.81 | 9.75 | 33.71 | 21 | 35 |
No
|
No
|
No
|
|
1Y Return % | 37.18 | 40.15 | 25.13 | 62.36 | 20 | 35 |
No
|
No
|
No
|
|
3Y Return % | 20.24 | 21.43 | 12.19 | 33.40 | 19 | 33 |
No
|
No
|
No
|
|
5Y Return % | 20.21 | 18.17 | 10.91 | 33.44 | 7 | 31 |
Yes
|
Yes
|
No
|
|
7Y Return % | 18.95 | 15.69 | 11.24 | 26.01 | 3 | 29 |
Yes
|
Yes
|
No
|
|
1Y SIP Return % | 32.21 | 35.31 | 19.92 | 64.04 | 19 | 35 |
No
|
No
|
No
|
|
3Y SIP Return % | 19.91 | 21.74 | 14.80 | 33.10 | 23 | 33 |
No
|
No
|
No
|
|
5Y SIP Return % | 22.78 | 22.40 | 14.20 | 38.50 | 12 | 31 |
Yes
|
No
|
No
|
|
7Y SIP Return % | 20.32 | 18.84 | 12.04 | 31.87 | 8 | 29 |
Yes
|
Yes
|
No
|
|
Standard Deviation | 12.14 | 12.70 | 9.92 | 16.81 | 9 | 33 |
Yes
|
Yes
|
No
|
|
Semi Deviation | 8.51 | 8.84 | 7.09 | 11.91 | 15 | 33 |
Yes
|
No
|
No
|
|
Max Drawdown % | -11.24 | -12.33 | -22.81 | -6.28 | 13 | 33 |
Yes
|
No
|
No
|
|
VaR 1 Y % | -12.90 | -14.08 | -20.17 | -11.38 | 9 | 33 |
Yes
|
Yes
|
No
|
|
Average Drawdown % | -7.16 | -5.05 | -8.14 | -2.87 | 32 | 33 |
No
|
No
|
Yes
|
|
Sharpe Ratio | 0.76 | 0.83 | 0.14 | 1.46 | 19 | 33 |
No
|
No
|
No
|
|
Sterling Ratio | 0.81 | 0.85 | 0.29 | 1.53 | 19 | 33 |
No
|
No
|
No
|
|
Sortino Ratio | 0.40 | 0.45 | 0.09 | 0.82 | 19 | 33 |
No
|
No
|
No
|
|
Jensen Alpha % | 1.45 | 2.44 | -8.96 | 17.77 | 19 | 33 |
No
|
No
|
No
|
|
Treynor Ratio | 0.10 | 0.12 | 0.02 | 0.26 | 21 | 33 |
No
|
No
|
No
|
|
Modigliani Square Measure % | 18.83 | 19.26 | 8.41 | 30.07 | 18 | 33 |
No
|
No
|
No
|
|
Alpha % | -0.50 | 0.51 | -8.84 | 16.09 | 19 | 33 |
No
|
No
|
No
|
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | -0.07 | ₹ 9993.0 | -0.07 | ₹ 9993.0 |
1W | - | ₹ - | - | ₹ - |
1M | 4.04 | ₹ 10404.0 | 4.12 | ₹ 10412.0 |
3M | 5.08 | ₹ 10508.0 | 5.34 | ₹ 10534.0 |
6M | 15.57 | ₹ 11557.0 | 16.13 | ₹ 11613.0 |
1Y | 35.8 | ₹ 13580.0 | 37.18 | ₹ 13718.0 |
3Y | 18.88 | ₹ 16801.0 | 20.24 | ₹ 17383.0 |
5Y | 18.63 | ₹ 23499.0 | 20.21 | ₹ 25098.0 |
7Y | 17.41 | ₹ 30751.0 | 18.95 | ₹ 33688.0 |
10Y | - | ₹ - | - | ₹ - |
15Y | - | ₹ - | - | ₹ - |
Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.
Investment Period | Invested Amount | Regular | Direct | ||
---|---|---|---|---|---|
XIRR % | Current Value of Invested Amount | XIRR % | Current Value of Invested Amount | ||
1Y | ₹ 12000 | 30.9057 | ₹ 13924.692 | 32.2099 | ₹ 14002.764 |
3Y | ₹ 36000 | 18.6578 | ₹ 47381.76 | 19.9077 | ₹ 48219.984 |
5Y | ₹ 60000 | 21.3055 | ₹ 101900.7 | 22.7779 | ₹ 105594.3 |
7Y | ₹ 84000 | 18.838 | ₹ 164425.632 | 20.3218 | ₹ 173341.392 |
10Y | ₹ 120000 | - | ₹ - | - | ₹ - |
15Y | ₹ 180000 | - | ₹ - | - | ₹ - |
Date | NAV Regular Growth | NAV Direct Growth |
---|---|---|
16-04-2024 | 41.741 | 46.655 |
15-04-2024 | 41.77 | 46.686 |
12-04-2024 | 42.294 | 47.267 |
09-04-2024 | 42.316 | 47.288 |
08-04-2024 | 42.307 | 47.277 |
05-04-2024 | 41.987 | 46.915 |
04-04-2024 | 41.817 | 46.724 |
03-04-2024 | 41.668 | 46.556 |
02-04-2024 | 41.555 | 46.429 |
01-04-2024 | 41.442 | 46.302 |
28-03-2024 | 40.826 | 45.608 |
27-03-2024 | 40.587 | 45.341 |
26-03-2024 | 40.457 | 45.194 |
22-03-2024 | 40.504 | 45.242 |
21-03-2024 | 40.294 | 45.006 |
20-03-2024 | 39.828 | 44.485 |
19-03-2024 | 39.794 | 44.445 |
18-03-2024 | 40.121 | 44.809 |
15-03-2024 | 40.074 | 44.753 |
14-03-2024 | 40.259 | 44.959 |
13-03-2024 | 39.833 | 44.482 |
12-03-2024 | 40.786 | 45.545 |
11-03-2024 | 41.033 | 45.819 |
07-03-2024 | 41.381 | 46.203 |
06-03-2024 | 41.306 | 46.119 |
05-03-2024 | 41.418 | 46.242 |
04-03-2024 | 41.54 | 46.377 |
01-03-2024 | 41.397 | 46.214 |
29-02-2024 | 40.888 | 45.644 |
28-02-2024 | 40.775 | 45.517 |
27-02-2024 | 41.178 | 45.965 |
26-02-2024 | 41.115 | 45.893 |
23-02-2024 | 41.083 | 45.854 |
22-02-2024 | 41.028 | 45.791 |
21-02-2024 | 40.833 | 45.573 |
20-02-2024 | 40.986 | 45.742 |
19-02-2024 | 40.788 | 45.52 |
16-02-2024 | 40.629 | 45.339 |
15-02-2024 | 40.302 | 44.972 |
14-02-2024 | 40.072 | 44.715 |
13-02-2024 | 39.84 | 44.455 |
12-02-2024 | 39.669 | 44.263 |
09-02-2024 | 40.223 | 44.877 |
08-02-2024 | 40.245 | 44.901 |
07-02-2024 | 40.505 | 45.189 |
06-02-2024 | 40.454 | 45.132 |
05-02-2024 | 40.119 | 44.757 |
02-02-2024 | 40.324 | 44.981 |
01-02-2024 | 40.315 | 44.971 |
31-01-2024 | 40.434 | 45.101 |
30-01-2024 | 39.909 | 44.515 |
29-01-2024 | 40.133 | 44.764 |
25-01-2024 | 39.623 | 44.19 |
24-01-2024 | 39.832 | 44.422 |
23-01-2024 | 39.216 | 43.733 |
19-01-2024 | 39.93 | 44.525 |
18-01-2024 | 39.59 | 44.145 |
17-01-2024 | 39.722 | 44.291 |
16-01-2024 | 40.579 | 45.245 |
15-01-2024 | 40.715 | 45.395 |
12-01-2024 | 40.47 | 45.119 |
11-01-2024 | 40.186 | 44.801 |
10-01-2024 | 40.117 | 44.723 |
09-01-2024 | 39.959 | 44.546 |
08-01-2024 | 39.84 | 44.411 |
05-01-2024 | 40.24 | 44.854 |
04-01-2024 | 40.125 | 44.725 |
03-01-2024 | 39.797 | 44.357 |
02-01-2024 | 39.827 | 44.389 |
01-01-2024 | 39.939 | 44.513 |
29-12-2023 | 39.796 | 44.35 |
28-12-2023 | 39.678 | 44.218 |
27-12-2023 | 39.487 | 44.003 |
26-12-2023 | 39.181 | 43.661 |
22-12-2023 | 39.027 | 43.486 |
21-12-2023 | 38.829 | 43.263 |
20-12-2023 | 38.449 | 42.839 |
19-12-2023 | 39.312 | 43.799 |
18-12-2023 | 39.217 | 43.692 |
15-12-2023 | 39.11 | 43.57 |
14-12-2023 | 38.83 | 43.256 |
13-12-2023 | 38.403 | 42.779 |
12-12-2023 | 38.218 | 42.573 |
11-12-2023 | 38.463 | 42.844 |
08-12-2023 | 38.396 | 42.766 |
07-12-2023 | 38.246 | 42.597 |
06-12-2023 | 38.144 | 42.483 |
05-12-2023 | 38.107 | 42.441 |
04-12-2023 | 37.895 | 42.204 |
01-12-2023 | 37.215 | 41.443 |
30-11-2023 | 36.942 | 41.138 |
29-11-2023 | 36.752 | 40.926 |
28-11-2023 | 36.398 | 40.529 |
24-11-2023 | 36.268 | 40.381 |
23-11-2023 | 36.236 | 40.345 |
22-11-2023 | 36.306 | 40.421 |
21-11-2023 | 36.28 | 40.391 |
20-11-2023 | 36.128 | 40.22 |
17-11-2023 | 36.123 | 40.212 |
16-11-2023 | 36.183 | 40.277 |
15-11-2023 | 36.012 | 40.086 |
13-11-2023 | 35.629 | 39.658 |
10-11-2023 | 35.591 | 39.612 |
09-11-2023 | 35.481 | 39.489 |
08-11-2023 | 35.558 | 39.573 |
07-11-2023 | 35.429 | 39.429 |
06-11-2023 | 35.335 | 39.323 |
03-11-2023 | 34.919 | 38.858 |
02-11-2023 | 34.684 | 38.595 |
01-11-2023 | 34.415 | 38.295 |
31-10-2023 | 34.652 | 38.557 |
30-10-2023 | 34.757 | 38.673 |
27-10-2023 | 34.658 | 38.56 |
26-10-2023 | 34.31 | 38.171 |
25-10-2023 | 34.629 | 38.525 |
23-10-2023 | 34.855 | 38.775 |
20-10-2023 | 35.567 | 39.564 |
19-10-2023 | 35.79 | 39.811 |
18-10-2023 | 35.937 | 39.974 |
17-10-2023 | 36.119 | 40.175 |
16-10-2023 | 35.968 | 40.006 |
13-10-2023 | 35.962 | 39.995 |
12-10-2023 | 36.11 | 40.16 |
11-10-2023 | 36.079 | 40.123 |
10-10-2023 | 35.881 | 39.902 |
09-10-2023 | 35.508 | 39.486 |
06-10-2023 | 35.891 | 39.91 |
05-10-2023 | 35.777 | 39.782 |
04-10-2023 | 35.511 | 39.485 |
03-10-2023 | 35.829 | 39.838 |
29-09-2023 | 35.888 | 39.898 |
27-09-2023 | 35.822 | 39.823 |
26-09-2023 | 35.717 | 39.705 |
25-09-2023 | 35.745 | 39.736 |
22-09-2023 | 35.848 | 39.847 |
21-09-2023 | 36.005 | 40.021 |
20-09-2023 | 36.348 | 40.401 |
18-09-2023 | 36.708 | 40.799 |
15-09-2023 | 36.87 | 40.975 |
14-09-2023 | 36.655 | 40.735 |
13-09-2023 | 36.531 | 40.596 |
12-09-2023 | 36.425 | 40.478 |
11-09-2023 | 36.778 | 40.869 |
08-09-2023 | 36.519 | 40.578 |
07-09-2023 | 36.331 | 40.368 |
06-09-2023 | 36.071 | 40.078 |
05-09-2023 | 36.029 | 40.03 |
04-09-2023 | 35.934 | 39.924 |
01-09-2023 | 35.764 | 39.731 |
31-08-2023 | 35.449 | 39.382 |
30-08-2023 | 35.442 | 39.372 |
29-08-2023 | 35.298 | 39.211 |
28-08-2023 | 35.201 | 39.102 |
25-08-2023 | 35.089 | 38.974 |
24-08-2023 | 35.332 | 39.244 |
23-08-2023 | 35.339 | 39.25 |
22-08-2023 | 35.125 | 39.012 |
21-08-2023 | 35.002 | 38.874 |
18-08-2023 | 34.888 | 38.745 |
17-08-2023 | 34.945 | 38.806 |
16-08-2023 | 34.997 | 38.863 |
14-08-2023 | 35.018 | 38.885 |
11-08-2023 | 35.233 | 39.121 |
10-08-2023 | 35.397 | 39.302 |
09-08-2023 | 35.577 | 39.5 |
08-08-2023 | 35.44 | 39.347 |
07-08-2023 | 35.322 | 39.215 |
04-08-2023 | 35.165 | 39.037 |
03-08-2023 | 34.808 | 38.64 |
02-08-2023 | 34.975 | 38.825 |
01-08-2023 | 35.422 | 39.319 |
31-07-2023 | 35.319 | 39.204 |
28-07-2023 | 35.129 | 38.99 |
27-07-2023 | 35.001 | 38.847 |
26-07-2023 | 35.028 | 38.876 |
25-07-2023 | 34.902 | 38.734 |
24-07-2023 | 34.798 | 38.618 |
21-07-2023 | 34.839 | 38.66 |
20-07-2023 | 35.082 | 38.929 |
19-07-2023 | 34.871 | 38.694 |
18-07-2023 | 34.732 | 38.539 |
17-07-2023 | 34.748 | 38.555 |
14-07-2023 | 34.51 | 38.288 |
13-07-2023 | 34.227 | 37.973 |
12-07-2023 | 34.175 | 37.914 |
11-07-2023 | 34.211 | 37.953 |
10-07-2023 | 34.081 | 37.808 |
07-07-2023 | 33.968 | 37.68 |
06-07-2023 | 34.244 | 37.985 |
05-07-2023 | 33.988 | 37.7 |
04-07-2023 | 33.995 | 37.706 |
03-07-2023 | 33.998 | 37.709 |
30-06-2023 | 33.873 | 37.567 |
28-06-2023 | 33.645 | 37.312 |
27-06-2023 | 33.489 | 37.137 |
26-06-2023 | 33.198 | 36.814 |
23-06-2023 | 33.073 | 36.672 |
22-06-2023 | 33.312 | 36.936 |
21-06-2023 | 33.406 | 37.04 |
20-06-2023 | 33.277 | 36.895 |
19-06-2023 | 33.154 | 36.758 |
16-06-2023 | 33.212 | 36.818 |
15-06-2023 | 32.941 | 36.518 |
14-06-2023 | 33.056 | 36.644 |
13-06-2023 | 33.057 | 36.643 |
12-06-2023 | 32.827 | 36.387 |
09-06-2023 | 32.674 | 36.214 |
08-06-2023 | 32.773 | 36.323 |
07-06-2023 | 32.936 | 36.503 |
06-06-2023 | 32.649 | 36.183 |
05-06-2023 | 32.63 | 36.161 |
02-06-2023 | 32.47 | 35.981 |
01-06-2023 | 32.379 | 35.879 |
31-05-2023 | 32.441 | 35.946 |
30-05-2023 | 32.466 | 35.973 |
29-05-2023 | 32.427 | 35.928 |
26-05-2023 | 32.264 | 35.745 |
25-05-2023 | 31.997 | 35.448 |
24-05-2023 | 31.92 | 35.361 |
23-05-2023 | 31.95 | 35.394 |
22-05-2023 | 31.871 | 35.305 |
19-05-2023 | 31.826 | 35.252 |
18-05-2023 | 31.798 | 35.22 |
17-05-2023 | 31.872 | 35.3 |
16-05-2023 | 32.038 | 35.483 |
15-05-2023 | 32.057 | 35.503 |
12-05-2023 | 31.898 | 35.323 |
11-05-2023 | 31.943 | 35.373 |
10-05-2023 | 31.888 | 35.311 |
09-05-2023 | 31.779 | 35.189 |
08-05-2023 | 31.816 | 35.229 |
05-05-2023 | 31.478 | 34.851 |
04-05-2023 | 31.732 | 35.131 |
03-05-2023 | 31.45 | 34.817 |
02-05-2023 | 31.512 | 34.885 |
28-04-2023 | 31.399 | 34.756 |
27-04-2023 | 31.128 | 34.455 |
26-04-2023 | 30.958 | 34.266 |
25-04-2023 | 30.851 | 34.146 |
24-04-2023 | 30.832 | 34.124 |
21-04-2023 | 30.694 | 33.968 |
20-04-2023 | 30.739 | 34.016 |
19-04-2023 | 30.685 | 33.956 |
18-04-2023 | 30.736 | 34.011 |
17-04-2023 | 30.712 | 33.984 |
Fund Launch Date: 20/Nov/2015 |
Fund Category: ELSS (Tax Saving) Fund |
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. The Scheme does not guarantee or assure any returns. |
Fund Description: ELSS - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit |
Fund Benchmark: Nifty 200 (Total Return Index) |
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