MonitorDirect · Growth
Mirae Asset ELSS Tax Saver Fund
Mirae Asset Mutual FundEquity Schemes - ELSS- Tax Saver Fund10.7 years
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.
- NAV
- 55.932
- 15 Sept 2026
- 1Y
- +0.0%
- Trailing CAGR
- Upside capture
- +106%
- Vs NIFTY 500 TRI
- Downside capture
- +91%
- Lower is better
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+0.0%
- 3Y+10.9%
- 5Y+10.4%
- 10Y+16.6%
- SI+17.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-1.4%
- 3Y+6.0%
- 5Y+10.8%
- 10Y+15.5%
- Since inception
- +17.4%
- Calendar-day CAGR
- Excess 1Y
- -0.8%
- Category median, same plan and option
- 3Y win rate
- +76%
- Windows beating the median
- 3Y percentile
- 44
- Vs comparable share classes
- Worst rolling 3Y
- -1.4%
- 1902 daily-ending windows
- Median rolling 3Y
- +18.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1410 daily-ending windows
- SIP 3Y XIRR
- +6.0%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- +2.3%
- Fund minus TRI
- 3Y excess
- +1.5%
- Fund minus TRI
- Upside capture
- +106%
- Benchmark-up months
- Downside capture
- +91%
- Lower is better
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 149 recovered episodes
- Longest recovery
- 343 days
- Trough to prior peak
- Current spell
- 43 days
- Days below latest peak
- Time below peak
- +85%
- NAV observations
16 Jan 2020 – 6 Oct 2020
Trough 23 Mar 2020 · recovered in 197 days
-37.8%
18 Oct 2021 – 29 May 2023
Trough 20 Jun 2022 · recovered in 343 days
-17.9%
26 Sept 2024 – 17 Sept 2025
Trough 28 Feb 2025 · recovered in 201 days
-17.1%
2 Jan 2026 – 3 Aug 2026
Trough 31 Mar 2026 · recovered in 125 days
-15.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
44
Vs category
45
Consistency
73
Risk-adjusted
63
Drawdown
6
Mean
46
Portfolio
31 Aug 2026 · 70 holdings · top 10 are 41.1%.
- Top 5
- 27.3%
- Top 10
- 41.1%
- Largest holding
- 8.4%
- Effective holdings
- 36.2
HDFC Bank Ltd
Financial
8.4%
ICICI Bank Ltd
Financial
5.3%
Reliance Industries Ltd
Energy & Utilities
4.3%
Laurus Labs Ltd
Healthcare
4.3%
State Bank of India
Financial
4.0%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 76% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
DSP ELSS Tax Saver Fund
DSP Mutual Fund
- 1Y
- -2.8%
- 3Y
- +11.8%
- Vol
- 15.8%
- Max DD
- -37.2%
- Sharpe
- 0.72
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
HSBC ELSS Tax saver Fund
HSBC Mutual Fund
- 1Y
- +5.6%
- 3Y
- +15.5%
- Vol
- 15.4%
- Max DD
- -19.2%
- Sharpe
- 0.76
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
WhiteOak Capital ELSS Tax Saver Fund
WhiteOak Capital Mutual Fund
- 1Y
- +1.9%
- 3Y
- +15.2%
- Vol
- 13.2%
- Max DD
- -16.4%
- Sharpe
- 0.91
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Bajaj Finserv ELSS - Tax Saver Fund
Bajaj Finserv Mutual Fund
- 1Y
- +2.5%
- 3Y
- n/a
- Vol
- 13.0%
- Max DD
- -13.5%
- Sharpe
- 0.36
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
JM ELSS - Tax Saver Fund
JM Financial Mutual Fund
- 1Y
- +6.1%
- 3Y
- +15.3%
- Vol
- 17.2%
- Max DD
- -37.4%
- Sharpe
- 0.70
- 3Y win
- +88%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility