Mirae Asset ELSS Tax Saver Fund
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Business Overview
Mirae Asset ELSS Tax Saver Fund is an equity-linked savings scheme designed for investors looking to save on taxes while aiming for long-term capital appreciation. This fund is ideal for individuals seeking to maximize their tax benefits under Section 80C of the Income Tax Act while investing in a diversified portfolio of high-quality equities. With a strong track record and professional management, it helps investors build wealth over time, making it a smart choice for tax-conscious investors.
- Tax benefits under Section 80C
- Focus on long-term capital growth
- Diversified equity portfolio
- Managed by experienced professionals
- Suitable for tax-conscious investors
- Potential for wealth accumulation over time
Investment Thesis
Mirae Asset ELSS Tax Saver Fund stands out due to its strong promoter credibility and robust digital services growth. With an attractive valuation compared to peers, it offers a compelling investment opportunity for retail investors seeking long-term wealth creation while benefiting from tax savings.
- Backed by a reputable promoter group with a proven track record.
- Strong growth in digital services enhances fund performance potential.
- Valuation metrics indicate significant upside compared to industry peers.
- Focus on long-term capital appreciation aligns with investor goals.
- Tax-saving benefits make it an ideal choice for retail investors.
Opportunity vs Risk
- Tax benefits on investments
- Potential for long-term capital growth
- Diversified portfolio across sectors
- Professional fund management
- Growing market for ELSS funds
- Market volatility affecting returns
- Lock-in period of 3 years
- Performance depends on fund manager
- Economic downturn impacts equity
- Regulatory changes in tax policies
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10BusinessHighThe fund is positioned in a future-ready sector with a clear investment model.
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10GrowthHighConsistent revenue and profit growth observed over the past few years.
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10ProfitabilityHighStrong ROE and OCF compared to net profit.
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8ValuationHighValuation metrics are reasonable compared to peers.
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7BalanceHighHealthy balance sheet with manageable debt levels.
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6GovernanceGoodPromoter holding is stable with minimal pledging.
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5DriversGoodSeveral growth catalysts identified, but execution risks remain.
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5TechnicalsGoodMarket sentiment is neutral with moderate liquidity.