Mirae Asset Tax Saver Fund has tripled money in 7 years

 Mirae Asset Tax Saver Fund is an open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit

As per the details by the fund house, the risk profile of Mirae Asset Tax Saver Fund is ‘Moderately High’. 

The fund has given a 3-year return of about 22% and 5-year return of over 15%, and since its inception 

The fund's net asset value or NAV has grown from ₹10 to ₹31 as on August 26. 

A monthly SIP of ₹5,000 started in the Mirae Asset Tax Saver fund seven years ago would have now be worth about ₹7.22 lakh. 

The fund generated nearly 22% over the last three years. 

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HDFC Bank, ICICI Bank, Reliance Industries (RIL), Infosys, Axis Bank, State Bank of India (SBI), Tata Consultancy Services (TCS)

Are some of the top holdings of the fund 

The fund has an expense ratio of 0.56%. Total Expense ratio 

The fund has an expense ratio of 0.56%. Total Expense ratio