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Mirae Asset ELSS Tax Saver Fund

Mirae Asset ELSS (Tax Saver) Direct Plan ▬ Outlook: Steady

Ranked #2 of 3 in ELSS (Tax Saver)

48
★★☆☆☆
SmartMoney Score™

Returns (Annualised)

1 Year

15.8%

3 Year

18.9%

5 Year

19.2%

Risk & Cost Metrics

Std Dev (3Y)

14.5%

Sortino

1.38

Max Drawdown

-21.5%

Beta

0.95

Alpha

+2.9%

Expense

0.55%

AUM

₹24,500 Cr

Mgr Tenure

6 yrs

See the full 20-factor breakdown ▸

Performance

3Y Risk-Adjusted Return
52
5Y Risk-Adjusted Return
46
Excess Return vs Benchmark
35
Up-Market Participation
53

Risk & Downside

Volatility (Std Dev)
49
Maximum Drawdown
46
Downside-Adjusted Return (Sortino)
44
Down-Market Protection
42

Cost & Efficiency

Expense Ratio vs Category
68
Jensen's Alpha
46
Information Ratio
43
Alpha per Unit of Market Risk
44

Portfolio Quality

Diversification
41
Quality of Holdings
59
Portfolio Liquidity
57
Size vs Mandate (AUM Fit)
57

Stewardship & Momentum

Manager Tenure
36
Fund-House Pedigree
55
Relative Strength (1Y vs peers)
38
Performance Trajectory
54

Pillar Scores

Performance 47/100
28%
Risk & Downside 45/100
22%
Cost & Efficiency 50/100
16%
Portfolio Quality 54/100
18%
Stewardship & Momentum 46/100
16%

vs Benchmark (3Y)

Fund

18.9%

vs

Benchmark

18.5%

Outperformed by 0.4%
How is this score calculated? → Compare with other funds → Best ELSS (Tax Saver) funds →
Disclaimer: The SmartMoney Score™ is a proprietary, rules-based educational rating. Data shown is illustrative and may not reflect real-time performance. The "Outlook" describes the fund's recent trajectory and is not a buy/sell recommendation. Past performance does not guarantee future returns. This is not investment advice — consult a SEBI-registered investment adviser before investing. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.