Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset ELSS Tax Saver Fund

Holds 69 companies worth ₹24,376 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹24,625 CrMirae Asset ELSS Tax Saver Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.8% on Aug 2026, ₹26,428 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 8.8% of this scheme's NAV.

  • Fund manager

    Neelesh SuranaRuns it since 28 Dec 2015, as the fund house dates it.

Overview(4 Oct 2026)

Fund managers1

  1. Neelesh SuranaFund manager · Dec 2015 · 35y · MBA B.E.

    Key facts

    Benchmark
    Nifty 500 (TRI)
    Risk
    Very High
    Expense
    Regular 1.96% · Direct 1.03%
    Exit load
    Nil
    Started
    28 Dec 2015
    Minimum
    ₹500

    Source.Its Scheme Summary Document as of 4 Oct 2026 at AMFI.

    What changed(15 changes)

    Oct 2026

    1 change
    1. Expense ratio
      4 OctRegular 2% → 1.96%Direct 1.04% → 1.03%

    Aug 2026

    1 change
    1. Category
      26 AugELSS → ELSS Tax Saver Fund

    Jul 2026

    1 change
    1. Expense ratio
      29 JulRegular 1.56% → 2%Direct 0.59% → 1.04%

    Source.Its filings at NSE, since Aug 2024.

    Fund managers over time(Dec 2015 – now)

    1. Neelesh Surana
    MainCoSlice201620182020202220242026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    15 changesRegularDirectΔ pt
    4 Oct 20261.96%1.03%0.01
    29 Jul 20262.00%1.04%0.45
    20 Mar 20261.56%0.59%0.01
    29 Jan 20261.55%0.58%0.01
    30 Nov 20251.54%0.57%0.01
    22 Sept 20251.54%0.56%0.03
    24 Jun 20251.56%0.59%0.01
    21 Apr 20251.57%0.60%0.10
    19 Mar 20251.58%0.70%0.10
    27 Feb 20251.57%0.60%0.03
    17 Jan 20251.55%0.57%0.05
    19 Nov 20241.57%0.62%0.02
    17 Oct 20241.56%0.60%0.02
    17 Sept 20241.54%0.58%0
    21 Aug 20241.55%0.58%–
    Direct plan, 4 Oct 2026
    1.03%
    Regular plan 1.96% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(4 Oct 2026)

    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

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended scheme with attributes in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance
    Benchmark
    Nifty 500 (TRI)
    Benchmark 2
    Nifty 200 (TRI)

    Asset allocation it may hold% of NAV

    1. Equity and Equity Related Instruments
      Allowed80–100%Holds99.0%
    2. Money market instruments and other liquid instruments^/ Units of Domestic Mutual Fund
      Allowed0–20%

    Holds in Sept 2026.99.0% equity · 1.0% debt and cash

    How to invest(4 Oct 2026)

    Buying

    To start
    ₹500, then in multiples of ₹500
    To add
    ₹500, then in multiples of ₹500
    Most
    Any Amount
    Systematic
    SIP - Monthly / Quarterly SWP - Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
    Dates
    SIP - Except 29,30 and 31 all dates SWP - 1, 10, 15, 21 and 28 STP - Daily, Weekly only Wednesday, Fortnightly - alternate Wednesday, Monthly
    Minimum
    ₹500, then in multiples of ₹500
    Instalments
    5

    Selling and switching

    To redeem
    1.00 (Only for free units) or Any units (Only for Free units) units
    Switch minimum
    ₹500
    Switch multiples
    ₹500
    Switch most
    Any Amount or Any Units units

    Scheme details(4 Oct 2026)

    What it is

    Category
    ELSS Tax Saver Fund
    Offer
    20 Nov 2015 to 18 Dec 2015
    Started
    28 Dec 2015
    Reopened
    29 Dec 2015
    Plans
    Direct Plan Growth · Direct Plan IDCW - Payout · Regular PlanIDCW - Payout · Regular Plan Growth
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    M/s. Deutsche Bank AG, Mumbai
    Auditor
    M/s. Chokshi & Chokshi LLP, Chartered Accountants
    Registrar
    KFIN Technologies Limited
    SEBI code
    MIRA/O/E/ELS/15/10/0007