Mirae Asset ELSS Tax Saver Fund Regular IDCW

Mirae Asset ELSS Tax Saver Fund Regular IDCW is a scheme launched by Mirae Asset Mutual Fund on December 28, 2015, and falls under the ELSS fund category. It currently manages an AUM of Rs 26,075.63 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 500. It charges an expense ratio of 1.56% for managing the portfolio.

• Investing Strategy:

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

• Performance:

  Mirae Asset ELSS Tax Saver Fund Regular IDCW trailing returns over different times are -6.88% (1 year), 7.65% (3 year) and 11.16% (5 year). The average annual return of this fund stands at -1.69%.