NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹22.35
-1.20%
NAV as on 22 Jul 26, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 22 Jul 26, 12:00 AM
very high risk
elss (tax savings)
elss
0.88%p.a.
Last 1Y
12.63%p.a.
Last 3Y
11.71%p.a.
Last 5Y
16.40%p.a.
Since Inception
About Mirae Asset ELSS Tax Saver Fund -IDCW for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mirae Asset ELSS Tax Saver Fund -IDCW scheme from Mirae Asset Investment Managers (India) Private Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Dec 2015, Mirae Asset ELSS Tax Saver Fund -IDCW is ELSS (Tax Savings) fund of its category with 25,373.67 Cr fund under management as on Jul 2026. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- Mirae Asset ELSS Tax Saver Fund -IDCW delivered 0.9% annual returns during the last year. It has delivered 16.4% average annual returns since the fund was launched.
- Mirae Asset ELSS Tax Saver Fund -IDCW scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns.
Top 10 Holdings
Mirae Asset Liquid Fund Direct- Growth
0.00%
Repo
0.62%
Net Receivables
0.26%
Ambuja Cements Ltd
1.00%
Apollo Hospitals Enterprise Ltd
1.15%
Asian Paints Ltd
0.05%
Aurobindo Pharma Ltd
0.13%
Axis Bank Ltd
3.12%
Bajaj Finance Ltd
0.01%
Bata India Ltd
0.94%
Fund Managers
- Neelesh Surana (Nov 2015 - Present)
Key Information
View Scheme Document
Mirae Asset ELSS Tax Saver Fund -IDCW SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Mirae Asset ELSS Tax Saver Fund -IDCW
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mirae Asset ELSS Tax Saver Fund -IDCW?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset ELSS Tax Saver Fund -IDCW
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
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