Mirae Asset Equity Savings Fund – Direct Growth

Hybrid · Equity Savings
 · ★★★★
₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
0.4 %
Expense Ratio
★★★★
Rating
671
Fund Size (in Cr)
6 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 9.6% 13.6% - 12.1%
Category Average 9.1% 20.5% 12.5% -

Scheme Allocation

By Holding
By Sector
By Asset
3.69%
3.2%
2.67%
Others
85.22%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 3.69%
HDFC Bank Banks Equity 3.2%
Infosys IT - Software Equity 2.67%
Reliance Industr Refineries Equity 2.66%
St Bk of India Banks Equity 2.56%
Axis Bank Banks Equity 2.21%
Sun Pharma.Inds. Pharmaceuticals Equity 1.98%
Tata Steel Steel Equity 1.96%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.96%
TCS IT - Software Equity 1.82%
Tata Motors Automobile Equity 1.79%
ITC Tobacco Products Equity 1.72%
Titan Company Diamond, Gems and Jewellery Equity 1.51%
Aurobindo Pharma Pharmaceuticals Equity 1.46%
Ambuja Cements Cement Equity 1.36%
SBI Life Insuran Insurance Equity 1.21%
Maruti Suzuki Automobile Equity 1.19%
ICICI Lombard Insurance Equity 1.18%
Sun TV Network Entertainment Equity 1.09%
Dr Reddy's Labs Pharmaceuticals Equity 1%
HCL Technologies IT - Software Equity 0.98%
Zee Entertainmen Entertainment Equity 0.97%
Hind. Unilever FMCG Equity 0.96%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 0.96%
Coal India Mining & Mineral products Equity 0.95%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.88%
Tech Mahindra IT - Software Equity 0.84%
M & M Automobile Equity 0.83%
Grasim Inds Textiles Equity 0.78%
Bharti Airtel Telecomm-Service Equity 0.76%
RBL Bank Banks Equity 0.75%
H P C L Refineries Equity 0.71%
NTPC Power Generation & Distribution Equity 0.68%
UPL Agro Chemicals Equity 0.65%
Shriram Finance Finance Equity 0.64%
Fusion Microfin. Finance Equity 0.63%
DLF Realty Equity 0.62%
Tata Power Co. Power Generation & Distribution Equity 0.59%
IndusInd Bank Banks Equity 0.58%
Krishna Institu. Healthcare Equity 0.54%
MTAR Technologie Engineering Equity 0.53%
Samvardh. Mothe. Auto Ancillaries Equity 0.51%
Go Fashion (I) Textiles Equity 0.51%
Craftsman Auto Auto Ancillaries Equity 0.48%
Apollo Tyres Tyres Equity 0.47%
Dodla Dairy FMCG Equity 0.47%
Kajaria Ceramics Ceramic Products Equity 0.47%
Federal Bank Banks Equity 0.46%
Guj.St.Petronet Gas Distribution Equity 0.44%
Delhivery Logistics Equity 0.43%
TVS Motor Co. Automobile Equity 0.4%
Mphasis IT - Software Equity 0.38%
Hindalco Inds. Non Ferrous Metals Equity 0.38%
Sona BLW Precis. Auto Ancillaries Equity 0.36%
Kotak Mah. Bank Banks Equity 0.35%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.34%
Max Financial Finance Equity 0.33%
Prince Pipes Plastic products Equity 0.33%
Zydus Lifesci. Pharmaceuticals Equity 0.32%
Bajaj Finserv Finance Equity 0.32%
KFin Technolog. Miscellaneous Equity 0.29%
Dabur India FMCG Equity 0.28%
Bharat Electron Electronics Equity 0.28%
Westlife Food Quick Service Restaurant Equity 0.27%
Jio Financial Finance Equity 0.27%
Vinati Organics Chemicals Equity 0.27%
Emami FMCG Equity 0.26%
Indian Energy Ex Miscellaneous Equity 0.25%
SBI Cards Finance Equity 0.25%
Jindal Steel Steel Equity 0.23%
Havells India Consumer Durables Equity 0.23%
Canara Bank Banks Equity 0.23%
Ideaforge Tech Engineering Equity 0.22%
Electronics Mart Retail Equity 0.2%
Torrent Pharma. Pharmaceuticals Equity 0.2%
Greenply Industr Miscellaneous Equity 0.2%
Crompton Gr. Con Consumer Durables Equity 0.18%
Tatva Chintan Chemicals Equity 0.17%
Power Fin.Corpn. Finance Equity 0.17%
LIC Housing Fin. Finance Equity 0.1%
One 97 E-Commerce/App based Aggregator Equity 0.1%
Gateway Distri Logistics Equity 0.05%
Nestle India FMCG Equity 0.03%
City Union Bank Banks Equity 0.01%
Britannia Inds. FMCG Equity 0%
Debt
31.39%
Cash & Others
29.32%
Banks
14.04%
IT-Software
6.69%
Pharmaceuticals & Biotech
4.97%
Others
13.59%
View all Sectors
Sectors Asset
Debt 31.39%
Cash & Others 29.32%
Banks 14.04%
IT-Software 6.69%
Pharmaceuticals & Biotech 4.97%
Automobiles 4.21%
Petroleum Products 3.37%
Insurance 2.71%
Diversified FMCG 2.68%
Consumer Durables 2.6%
Finance 2.38%
Ferrous Metals 2.2%
Cement & Cement Products 2.14%
Entertainment 2.06%
Aerospace & Defense 1.99%
Construction 1.96%
Auto Components 1.83%
Power 1.28%
Retailing 1.05%
Consumable Fuels 0.95%
Electrical Equipments 0.88%
Telecom-Services 0.76%
Fertilisers & Agrochemica 0.65%
Realty 0.62%
Personal Products 0.54%
Healthcare Services 0.54%
Capital Markets 0.53%
Food Products 0.51%
Transport Services 0.48%
Chemicals & Petrochemical 0.44%
Gas 0.44%
Non-Ferrous Metals 0.38%
Industrial Products 0.33%
Leisure Services 0.27%
Financial Technology (Fin 0.1%
Others -27.3%
Equity
66.59%
Net Curr Ass/Net Receivables
29.32%
Govt Securities / Sovereign
18.24%
Reverse Repos
6.28%
Corporate Debentures
3.91%

Advance Ratio

0.49
Alpha
1.68
SD
0.37
Beta
0.65
Sharpe

Exit Load

Exit Load 15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.

Fund Objective

The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. The Scheme does not assure or guarantee any returns.

Fund Managers

Harshad Borawake

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,24,824 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

More Funds from Mirae Asset Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in Mirae Asset Equity Savings Fund – Direct Growth ?

You can invest in Mirae Asset Equity Savings Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mirae Asset Equity Savings Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Mirae Asset Equity Savings Fund – Direct Growth ?

The NAV of Mirae Asset Equity Savings Fund – Direct Growth is ₹17 as of 18 August 2023.

How to redeem Mirae Asset Equity Savings Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mirae Asset Equity Savings Fund – Direct Growth?

The minimum SIP amount of Mirae Asset Equity Savings Fund – Direct Growth is ₹1000

What are the top sectors Mirae Asset Equity Savings Fund – Direct Growth has invested in?

The top sectors Mirae Asset Equity Savings Fund – Direct Growth has invested in are
  1. Debt - 31.39%
  2. Cash & Others - 29.32%
  3. Banks - 14.04%
  4. IT-Software - 6.69%
  5. Pharmaceuticals & Biotech - 4.97%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Equity Savings Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Equity Savings Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Mirae Asset Equity Savings Fund – Direct Growth generated ?

The Mirae Asset Equity Savings Fund – Direct Growth has delivered 12.1% since inception

What is the expense ratio of Mirae Asset Equity Savings Fund – Direct Growth ?

The expense ratio of Mirae Asset Equity Savings Fund – Direct Growth is 0.4 % as of 18 August 2023.

What is the AUM of Mirae Asset Equity Savings Fund – Direct Growth?

The AUM of Mirae Asset Equity Savings Fund – Direct Growth is ₹1,24,824 Cr as of 18 August 2023

What are the top stock holdings of Mirae Asset Equity Savings Fund – Direct Growth?

The top stock holdings of Mirae Asset Equity Savings Fund – Direct Growth are
  1. ICICI Bank - 3.69%
  2. HDFC Bank - 3.2%
  3. Infosys - 2.67%
  4. Reliance Industr - 2.66%
  5. St Bk of India - 2.56%

How can I redeem my investments in Mirae Asset Equity Savings Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Equity Savings Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now
Start Investing Now!

Open Free Demat Account in 5 mins

Please enter mobile number