Calculate SIP returns for Mirae Asset ELSS mutual funds. Expected returns: 12 - 20% p.a. Min SIP: ₹500/month.
| Year | Invested | Returns | Total Value |
|---|
Mirae Asset Mutual Fund offers elss mutual funds with expected returns of 12 - 20% per annum. Popular schemes include Mirae Asset ELSS Tax Saver Fund. Risk level: High.
Investment period: 10 years
| Monthly SIP | Future Value | Total Invested | Wealth Gained |
|---|---|---|---|
| ₹500/mo | ₹1,39,329 | ₹60,000 | ₹79,329 |
| ₹1,000/mo | ₹2,78,657 | ₹1,20,000 | ₹1,58,657 |
| ₹2,000/mo | ₹5,57,315 | ₹2,40,000 | ₹3,17,315 |
| ₹3,000/mo | ₹8,35,972 | ₹3,60,000 | ₹4,75,972 |
| ₹5,000/mo | ₹13,93,286 | ₹6,00,000 | ₹7,93,286 |
| ₹7,500/mo | ₹20,89,930 | ₹9,00,000 | ₹11,89,930 |
| ₹10,000/mo | ₹27,86,573 | ₹12,00,000 | ₹15,86,573 |
| ₹15,000/mo | ₹41,79,859 | ₹18,00,000 | ₹23,79,859 |
| ₹20,000/mo | ₹55,73,145 | ₹24,00,000 | ₹31,73,145 |
| ₹25,000/mo | ₹69,66,432 | ₹30,00,000 | ₹39,66,432 |
| ₹50,000/mo | ₹1,39,32,864 | ₹60,00,000 | ₹79,32,864 |
Mirae Asset ELSS funds have historically delivered returns in the range of 12 - 20% per annum. Actual returns depend on market conditions, fund manager expertise, and the specific scheme. Popular funds include Mirae Asset ELSS Tax Saver Fund.
A monthly SIP of ₹7,500 in Mirae Asset ELSS funds at 15% for 10 years can grow to approximately ₹20,89,930, with a total investment of ₹9,00,000 and wealth gained of ₹11,89,930.
The minimum SIP amount for Mirae Asset ELSS funds starts from ₹500 per month. You can start investing with this small amount and increase it over time.
Exit load for Mirae Asset ELSS funds: Nil (3-year lock-in). The expense ratio ranges from 0.85 - 1.55%. Always check the latest scheme document for current charges.
You can start a SIP in Mirae Asset ELSS funds through the AMC website, mobile app, or any registered mutual fund distributor. You'll need your PAN, Aadhaar, bank account, and KYC verification. Use the calculator above to plan your SIP amount.