SIP Calculator: How Did Mirae Asset ELSS Tax Saver Fund Turn ₹5,000 SIP Into Over ₹4 Lakh in 5 Years?

The Mirae Asset ELSS Tax Saver Fund has been in the news for delivering a CAGR of 17.8% since its launch in December 2015. This scheme not only provides tax benefits under Section 80C but has also created meaningful wealth over time. A regular SIP of ₹5,000 can help investors meet their financial goals timely. 

SIP Calculator: Measuring Historical Returns of Mirae Asset ELSS Tax Saver Fund

As per SIP calculator, an investment of ₹5,000 invested for 5 years would have amounted to roughly ₹4,39,535 today, achieving a gain of 15.28%. This illustrates how the Mirae Asset ELSS Tax Saver Fund can enable investors to save and build a large corpus over time. 

Fund Managers of Mirae Asset ELSS Tax Saver Fund

The Mirae Asset ELSS Tax Saver Fund is managed by Neelesh Surana, Chief Investment Officer at Mirae Asset Investment Managers (India). The scheme primarily invests in equity and equity-related instruments, focusing on quality businesses at reasonable valuations while maintaining a well-diversified portfolio to deliver superior risk-adjusted returns. As of 30 November 2025, the fund’s assets under management (AUM) stood at ₹27,271 crore.

Why SIPs Work?

SIPs work on the principle of rupee-cost averaging, which reduces the impact of market volatility. By investing a fixed amount every month, investors buy more units when prices are low and fewer units when prices are high. This, combined with the power of compounding, allows small investments to grow significantly over time.

Conclusion

To benefit from SIPs, investors need to choose a fund based on their risk profile and investment horizon. Equity-oriented funds like Mirae Asset ELSS are suitable for long-term goals, while debt-oriented funds may be preferred for lower-risk profiles. The key is consistency and allowing your investments time to grow. 

Even a small monthly SIP of ₹5,000 can grow into over ₹4 lakh in five years if invested in a quality mutual fund. Consistent investing, coupled with compounding and smart fund selection, can help investors achieve their financial goals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.