Mirae Asset Tax Saver Fund SIP Calculator
Calculate historical returns and project future compounding for Mirae Asset Tax Saver. Test different monthly amounts, tenures, and step-up scenarios using real historical NAV performance.
Category
ELSS / Tax Saving
AUM
₹26,428 Cr
Expense Ratio
1.0%
Fund Manager
Neelesh Surana & Harshad Borawake
Mirae Asset Tax Saver Historical SIP Performance & Returns Table
Historical value of standard monthly SIP investments based on actual fund CAGRs.
| Monthly SIP | 3 Years @ 11.0% CAGR | 5 Years @ 10.1% CAGR | 10 Years @ 16.2% CAGR |
|---|---|---|---|
| ₹1,000/mo | ₹42,833 Invested: ₹36,000 | ₹78,253 Invested: ₹60,000 | ₹3,00,944 Invested: ₹1,20,000 |
| ₹2,500/mo | ₹1,07,082 Invested: ₹90,000 | ₹1,95,632 Invested: ₹1,50,000 | ₹7,52,359 Invested: ₹3,00,000 |
| ₹5,000/mo | ₹2,14,163 Invested: ₹1,80,000 | ₹3,91,264 Invested: ₹3,00,000 | ₹15,04,719 Invested: ₹6,00,000 |
| ₹10,000/mo | ₹4,28,327 Invested: ₹3,60,000 | ₹7,82,529 Invested: ₹6,00,000 | ₹30,09,437 Invested: ₹12,00,000 |
| ₹25,000/mo | ₹10,70,817 Invested: ₹9,00,000 | ₹19,56,322 Invested: ₹15,00,000 | ₹75,23,593 Invested: ₹30,00,000 |
* Projections calculated using actual historical 3-year (11.03%), 5-year (10.08%), and 10-year (16.24%) performance data. Actual mutual fund returns fluctuate with market NAV.
About Mirae Asset Tax Saver Fund
One of the most popular ELSS funds in India. Combines tax-saving benefits with a disciplined equity approach focused on quality companies.
Investment Strategy
Growth at reasonable price (GARP) approach similar to Mirae Asset's other equity funds. Maintains a diversified portfolio across sectors and market caps. Lower portfolio turnover compared to most ELSS funds.
Key Facts
- Tax deduction up to ₹1.5 lakh under Section 80C
- Among the largest ELSS funds by AUM
- Lower portfolio turnover vs category average
- Benchmark: Nifty 500 TRI
Historical Returns
3-Year CAGR
11.03%
5-Year CAGR
10.08%
10-Year CAGR
16.24%
Benchmark
Nifty 500 TRI
Returns are illustrative based on historical performance. Actual returns may vary. Data as of August 2026. Verify with AMC before investing.
Top Holdings & Sector Allocation
As of September 2026, Mirae Asset Tax Saver's portfolio includes:
Top 5 Holdings
- HDFC Bank
- ICICI Bank
- Reliance Industries
- Infosys
- Bajaj Finance
Sector Allocation
Financials 26%, IT 17%, Energy 11%, Consumer 9%, Others 37%
Risk & Drawdowns
Moderate volatility for ELSS. Standard deviation ~15%. Lower churn than peers.
Max drawdown -34% in March 2020. Recovered in 10 months.
Tax Treatment
LTCG 12.5% above ₹1.25L/year. 3-year lock-in. STCG 20% if sold within 1 year (post lock-in).
Who Should NOT Invest in Mirae Asset Tax Saver?
Investors needing liquidity within 3 years. Those seeking aggressive ELSS strategies.
About the Fund Manager
Neelesh Surana and Harshad Borawake. Mirae Asset's GARP approach applied to tax-saving.
Who Is This Fund Suitable For?
Suitable for tax-saving investors seeking a relatively stable ELSS option. Can also serve as a regular large-and-mid cap fund post lock-in. Horizon of 5+ years.
More Funds from Mirae Asset & Similar Schemes
Similar Funds to Consider
- Quant Tax Plan
- Canara Robeco Equity Tax Saver Fund
- HDFC Tax Saver Fund
Or compare side by side using our main SIP calculator — you can test different funds with the same investment amount and dates to see which performed better.
Other Tools for Mirae Asset Tax Saver Investors
- FIRE Calculator — Plan your retirement corpus with Mirae Asset Tax Saver as part of your portfolio
- Cost of Delay Calculator — See how much delaying your SIP in Mirae Asset Tax Saver could cost you
- SIP vs EMI Calculator — Compare investing in Mirae Asset Tax Saver vs paying off loans
Frequently Asked Questions About Mirae Asset Tax Saver
What is the historical SIP return of Mirae Asset Tax Saver?
Based on the latest data, Mirae Asset Tax Saver has delivered an annualized return (CAGR) of 11.03% over 3 years, 10.08% over 5 years, and 16.24% over 10 years. Max drawdown -34% in March 2020. Recovered in 10 months.
How is Mirae Asset Tax Saver SIP return calculated?
SIP returns are calculated using the XIRR (Extended Internal Rate of Return) method. Each monthly installment buys units at the fund's Net Asset Value (NAV) on that specific day. When markets are down, your SIP buys more units, and when markets are up, it buys fewer units (rupee cost averaging). Our calculator replays this exact process using historical NAV data to compute the precise current value of your accumulated units.
How much return would ₹5,000 monthly SIP in Mirae Asset Tax Saver generate over 5 years?
At an estimated annual return rate of 10.08%, a monthly ₹5,000 investment (₹3,00,000 total invested) would grow to approximately ₹3,91,264 in 5 years, yielding an estimated wealth gain of ₹91,264. Use our interactive calculator above to test custom amounts with actual historical NAV data.
What are the top holdings in Mirae Asset Tax Saver?
Mirae Asset Tax Saver's top holdings include HDFC Bank, ICICI Bank, Reliance Industries, and Infosys. The fund's sector allocation is Financials 26%, IT 17%, Energy 11%, Consumer 9%, Others 37%.
What is the risk profile of Mirae Asset Tax Saver?
Moderate volatility for ELSS. Standard deviation ~15%. Lower churn than peers. This fund may not be suitable for investors needing liquidity within 3 years. those seeking aggressive elss strategies..
What are the tax implications of investing in Mirae Asset Tax Saver?
LTCG 12.5% above ₹1.25L/year. 3-year lock-in. STCG 20% if sold within 1 year (post lock-in).
Data last updated: September 2026 | Fund data sourced from AMFI and BSE public APIs
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