Mirae Asset Tax Saver Fund

Mirae Asset
Tax Saver Fund

The Mirae Asset Tax Saver Fund qualifies for tax reduction as per Section 80C and is an ELSS – equity-linked savings scheme. 

This offers a classic win-win scenario. Reduce tax and invest for the long term. Plus, all ELSS funds on the Cube Wealth App are picked by our amazing 
mutual fund advisor WealthFirst. They have an incredible 19-year track record of beating the average mutual fund by 50%. 

Equity Linked Savings Schemes are popular among investors due to the tax-saving benefits but it is important to keep in mind they have a 3 year lock-in period. The Mirae Asset Tax Saver Fund Invests mainly in equity and equity-relate instruments with the dual goal of tax-saving 
& wealth creation.

The Mirae Asset Tax Saver Fund qualifies for tax reduction as per Section 80C and is an ELSS – equity-linked savings scheme. 

This offers a classic win-win scenario. Reduce tax and invest for the long term. Plus, all ELSS funds on the Cube Wealth App are picked by our amazing 
mutual fund advisor WealthFirst. They have an incredible 19-year track record of beating the average mutual fund by 50%. 

Equity Linked Savings Schemes are popular among investors due to the tax-saving benefits but it is important to keep in mind they have a 3 year lock-in period. The Mirae Asset Tax Saver Fund Invests mainly in equity and equity-relate instruments with the dual goal of tax-saving 
& wealth creation.

Ideal for: 3 year + timeline. Immediate tax savings.

Competition: Kotak Tax Saver Fund

Competition: Kotak Tax Saver Fund

Cube Wealth Strongly Suggests That Investors Consult A Wealth Coach Before Making Any Investments.

Mutual Fund Name Mirae Asset Tax Saver
Category
ELSS
3-year returns
5.40%
5-year return
NA
Allotment Date
28th December, 2015
Benchmark Index
Nifty 200 (TRI)
Minimum Investment Amount in Cube
Rs. 1000
Expense Ratios
Regular Plan: 1.80% | Direct Plan: 0.42%

*All information updated
 as of 21-Jul-2020

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Cube has an exclusive tie-up with this WEALTH FIRST an investment advisory firm that was Founded in 2001. WF offers “Wealth
Management Solutions” to High Networth Individuals, Family Offices, Corporates and Institutions
(Read More About Our Advisor.)

 

Why You Should Never Pick Mutual Funds On Your Own

More About Mirae Asset Financial Group

Fund Manager(s): Neelesh Surana has 24 years of professional experience in the financial services industry. This includes fund management, supervising and managing equity schemes. Before Mirae Asset Management Neelesh worked as a Senior Portfolio Manager at ASK Investment Managers Pvt Ltd.

The Mirae Asset Financial Group is a financial services organization with its headquarters in Seoul, South Korea. The Mirae Asset Financial group offers multiple financial services that span from asset management to wealth management, investment banking, and life insurance. Founded by Hyeon Joo Park in 1997 Mirae Asset was the first to introduce Mutual Funds to Korea’s retail investors. The billion-dollar global company is present across countries like Australia, Brazil, Canada, China, Colombia, Hong Kong, India, Indonesia, Korea, Mongolia, Singapore, the United Kingdom, United States and Vietnam.

1) Toll Free Number: 1800-2090-777

2) For NRI Customer: 022-67800300 (Press 1)

3) Timings: Monday to Saturday 9 a.m. to 6 p.m

4) Email: customercare@miraeasset.com

5) Registered Address:

Mirae Asset Investment Managers (India) Private Limited.

Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road,

Kalina, Santacruz (East), Mumbai – 400 098.

6) Investor Relations Officer: Mr. Girish Dhanani

(Head – Operations & Investor Relations)