Mirae Asset ELSS Tax Saver Fund celebrates 10 years of wealth creation
FinTech BizNews Service
Mumbai, 29 December 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 Rs27,271 crore as of November 30, 2025. (Average AUM of the scheme as on November 30, 2025 is Rs 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 Rs10,000 made at inception would have grown to Rs51,199 as of November 30, 2025, compared with Rs39,922 for the Tier 1 benchmark. Similarly, a monthly SIP of Rs10,000 would have grown to Rs29,51,181 on a total investment of Rs11,90,000, 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.”
