Mirae Asset ELSS Tax Saver Fund
celebrates 10 years of wealth creation
Mumbai, December 29, 2025:
Mirae Asset Investment Managers (India) Pvt. Ltd. announced the
completion of 10 years of Mirae Asset ELSS Tax Saver Fund (Formerly Known as
Mirae Asset Tax Saver Fund) (“the Scheme”), marking a decade-long partnership
with investors focused on long-term wealth creation and tax efficiency.
First allotted on December 28, 2015, Mirae Asset ELSS Tax Saver Fund is
an open-ended equity-linked savings scheme (ELSS) offering tax benefits under
Section 80C of the Income Tax Act, with a statutory lock-in period of three
years.
The Assets Under Management (AUM) of the Scheme stood at ₹27,271 crore
as of November 30, 2025. (Average AUM of the scheme as on November 30, 2025 is
₹ 27,134.54.)
Since inception, the Scheme (Regular Plan – Growth Option) has delivered
a CAGR of 17.8%, outperforming the Tier 1 and Tier 2 benchmarks, which returned
14.9% and 14.7%, respectively.
An investment of ₹10,000 made at inception would have grown to ₹51,199
as of November 30, 2025, compared with ₹39,922 for the Tier 1 benchmark.
Similarly, a monthly SIP of ₹10,000 would have grown to ₹29,51,181 on a total
investment of ₹11,90,000, translating into an XIRR of 17.47%.
The Scheme primarily invests in equity and equity-related instruments
and is managed by Mr. Neelesh Surana, Chief Investment Officer. Commenting on
the milestone, Mr. Surana stated, “Our investment framework focuses on
investing in quality businesses at reasonable valuations. The scheme has
consistently adhered to a well-diversified portfolio discipline, which has
helped deliver superior risk-adjusted returns over the past decade.
We would like to thank our investors and partners for their unwavering
support over the last 10 years, and we remain committed to prioritising their
wealth creation.”
Mirae Asset ELSS Tax Saver Fund
(An open-ended equity linked saving scheme with a statutory lock in of 3
years and tax benefit)
The SIP returns are calculated by XIRR approach assuming investment of
10,000/- on the 1st working day of every month.
