Mutual Funds, Portfolio Stocks, Shares, Equity
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CNBC TV1829-12-2025, 11:36

Mirae Asset ELSS Fund Turns ₹10,000 SIP into ₹30 Lakh in 10 Years

  • Mirae Asset ELSS Tax Saver Fund grew a ₹10,000 monthly SIP to ₹29.51 lakh in 10 years, with a total investment of ₹11.90 lakh.
  • The fund, launched on December 28, 2015, delivered an XIRR of 17.47% and a CAGR of 17.8% since inception.
  • It's an open-ended ELSS offering Section 80C tax benefits with a mandatory three-year lock-in period.
  • Managed by Neelesh Surana, the fund focuses on quality businesses and a diversified portfolio, achieving superior risk-adjusted returns.
  • As of November 30, 2025, its AUM stood at ₹27,271 crore, outperforming its Tier 1 and Tier 2 benchmarks.

Why It Matters: Mirae Asset ELSS Fund shows strong long-term growth, but market risks apply.

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