MIRAE ASSET TAX SAVER FUND
Mutual Fund Insight|August 2023
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MIRAE ASSET TAX SAVER FUND

Fund philosophy. The fund follows a ‘growth at a reasonable price (GARP)’ strategy to pick stocks. It prefers buying quality company stocks with strong cash flows, competitive advantages and a decent return on capital employed (RoCE). It avoids taking cash calls and usually remains fully invested. The portfolio is usually spread across 50-55 stocks. As far as their portfolio construction is concerned, the exposure to large-caps is usually 50-60 per cent, and the rest is invested in mid- and small-caps.

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