Should I invest in Mirae Asset ELSS Tax Saver Fund?

We don't give personal investment advice. Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 18.6%. 5-year CAGR: 12.15%.

Mirae Asset

Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth

Latest NAV

₹50.5940

As of

17 Jul 2026

2,599 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.26%	+0.04%	+0.23	15 / 39	Q2
1W	-0.45%	-0.11%	-0.34	28 / 39	Q3
2W	-0.13%	+0.32%	-0.46	31 / 39	Q4
1M	+2.08%	+1.31%	+0.76	9 / 39	Q1
3M	+3.92%	+3.44%	+0.48	21 / 39	Q3
6M	+0.45%	+3.63%	-3.18	24 / 39	Q3
YTD	-1.04%	+3.50%	-4.54	24 / 39	Q3
1Y	+2.03%	+8.03%	-5.99	20 / 39	Q3
2Y	+3.30%	+4.68%	-1.38	16 / 38	Q2
3Y	+13.36%	+13.16%	+0.20	21 / 38	Q3
4Y	+14.96%	+14.96%	-0.01	16 / 31	Q3
5Y	+12.15%	+13.65%	-1.50	16 / 27	Q3
7Y	+16.36%	+16.74%	-0.38	15 / 25	Q3
10Y	+16.36%	+13.24%	+3.12	2 / 8	Q1
Inception	+16.57%	+12.99%	+3.57	5 / 39	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-1.04%	-0.01%	-1.03	20 / 34
2025	+9.30%	+2.03%	+7.27	5 / 34
2024	+16.81%	+18.62%	-1.81	17 / 34
2023	+26.79%	+30.88%	-4.09	18 / 32
2022	+0.15%	+2.53%	-2.39	23 / 27
2021	+34.57%	+41.08%	-6.51	17 / 30
2020	+21.30%	+17.81%	+3.49	6 / 30
2019	+13.98%	+3.04%	+10.94	3 / 27
2018	-1.45%	-11.14%	+9.68	3 / 18
2017	+46.21%	+37.20%	+9.00	1 / 11
2016	+14.55%	+6.47%	+8.08	1 / 7

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+19.08%

117 windows

min -19.8% · max 75.3%

88% positive

3-Year rolling

+17.42%

93 windows

min -0.1% · max 32.7%

99% positive

5-Year rolling

+18.44%

68 windows

min 12.2% · max 27.9%

100% positive

7-Year rolling

+17.01%

44 windows

min 14.3% · max 19.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.46%

3-year · annualised

Sharpe ratio

0.52

vs risk-free 6.5%

Sortino ratio

0.85

Downside-only deviation

Max drawdown

-17.45%

Sep 2024 → Feb 2025

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
SBI Long Term Advantage Fund - Series IV - Regular Plan - Growth	SBI	₹47.5639	17 Jul 2026
Quantum ELSS Tax Saver Fund - Regular Plan Growth Option	Quantum	₹119.4900	17 Jul 2026
Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option	Motilal Oswal	₹54.9959	17 Jul 2026
Parag Parikh ELSS Tax Saver Fund- Regular Growth	Parag Parikh	₹29.6471	17 Jul 2026
HSBC ELSS Tax saver Fund - Regular Growth	HSBC	₹139.9704	17 Jul 2026
BARODA BNP PARIBAS ELSS Tax Saver Fund - Regular - Growth Option	Baroda BNP Paribas	₹99.2178	17 Jul 2026
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option	PGIM India	₹34.4500	17 Jul 2026
Axis ELSS Tax Saver Fund - Regular Plan - Growth	Axis	₹96.5764	17 Jul 2026
360 ONE ELSS Tax Saver Nifty 50 Index Fund - Regular Plan - Growth	360 ONE	₹13.6989	17 Jul 2026
BAJAJ FINSERV ELSS TAX SAVER FUND - REGULAR - GROWTH	Bajaj Finserv	₹11.5980	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹50.5940
16 Jul 2026	₹50.4610
15 Jul 2026	₹50.6360
14 Jul 2026	₹50.4570
13 Jul 2026	₹50.7960
10 Jul 2026	₹50.8250
9 Jul 2026	₹50.3070
8 Jul 2026	₹49.9520
7 Jul 2026	₹50.9260
6 Jul 2026	₹50.9440

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth is ₹50.5940. It's a ELSS from Mirae Asset, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth has NAV history starting from 29 Dec 2015, a track record of about 10 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth is managed by Mirae Asset. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth has delivered a absolute return of 2.03% — -5.99 pp behind the ELSS category average of 8.03%. The fund ranks #20 of 39 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth has delivered a CAGR of 13.36% — +0.2 pp ahead of the ELSS category average of 13.16%. The fund ranks #21 of 38 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth has delivered a CAGR of 12.15% — -1.5 pp behind the ELSS category average of 13.65%. The fund ranks #16 of 27 in its category — the third (Q3) quartile.

₹1 lakh invested in Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth exactly 10 years ago would be worth approximately ₹455,062 today — a multiplier of 4.55×, based on the 10-year CAGR of 16.36%. The category average over the same window would have grown ₹1 lakh to ₹346,877.

A ₹10,000 monthly SIP in Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹806,107 today. That's an XIRR (money-weighted annualised return) of 11.76%.

A ₹10,000 monthly SIP for 10 years in Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹2,661,572 (multiplier 2.22×). XIRR: 15.22%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth ranks #16 out of 27 funds in the ELSS category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 13.65%; this fund delivered 12.15%.

The worst peak-to-trough decline Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth has experienced over the last 5-year window is 18.61% — its NAV fell from a high on 18 Oct 2021 to a low on 20 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth averaged 18.44% (best 27.95%, worst 12.15%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.41 — weak risk-adjusted performance.

In calendar year 2025, Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth returned 9.30% — beating the ELSS category average of 2.03% by 7.27 pp. It ranked #5 of 34 in its category that year.

Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 18.6%. 5-year CAGR: 12.15%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.