Mirae Asset Equity Savings Fund – Direct Growth

Hybrid · Equity Savings
 · ★★★★
1,000
Min SIP
5,000
Min Lumpsum
0.4 %
Expense Ratio
★★★★
Rating
690
Fund Size (in Cr)
5 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 21 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 11% 13.7% - 12.3%
Category Average 12.9% 21.8% 13.8% -

Scheme Allocation

By Holding
By Sector
By Asset
3.53%
3.45%
2.75%
Others
85.56%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 3.53%
ICICI Bank Banks Equity 3.45%
Infosys IT - Software Equity 2.75%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.39%
St Bk of India Banks Equity 2.31%
Reliance Industr Refineries Equity 2.29%
Axis Bank Banks Equity 2.2%
Tata Steel Steel Equity 1.91%
Sun Pharma.Inds. Pharmaceuticals Equity 1.88%
Tata Motors Automobile Equity 1.62%
ITC Tobacco Products Equity 1.58%
Aurobindo Pharma Pharmaceuticals Equity 1.44%
Ambuja Cements Cement Equity 1.22%
Sun TV Network Entertainment Equity 1.21%
SBI Life Insuran Insurance Equity 1.18%
Maruti Suzuki Automobile Equity 1.18%
TCS IT - Software Equity 1.09%
ICICI Lombard Insurance Equity 1.08%
TVS Motor Co. Automobile Equity 1.07%
Zee Entertainmen Entertainment Equity 1.03%
HCL Technologies IT - Software Equity 1%
Dr Reddy's Labs Pharmaceuticals Equity 0.96%
Coal India Mining & Mineral products Equity 0.92%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 0.92%
Hind. Unilever FMCG Equity 0.91%
Tech Mahindra IT - Software Equity 0.88%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.87%
Bharti Airtel Telecomm-Service Equity 0.87%
M & M Automobile Equity 0.86%
Cipla Pharmaceuticals Equity 0.84%
Tata Comm Telecomm-Service Equity 0.76%
A B B Capital Goods - Electrical Equipment Equity 0.75%
Grasim Inds Textiles Equity 0.74%
NTPC Power Generation & Distribution Equity 0.67%
Shriram Finance Finance Equity 0.63%
Interglobe Aviat Air Transport Service Equity 0.62%
H P C L Refineries Equity 0.61%
UPL Agro Chemicals Equity 0.6%
Tata Power Co. Power Generation & Distribution Equity 0.6%
DLF Realty Equity 0.59%
Go Fashion (I) Textiles Equity 0.56%
Samvardh. Mothe. Auto Ancillaries Equity 0.56%
IndusInd Bank Banks Equity 0.55%
MTAR Technologie Engineering Equity 0.55%
Fusion Microfin. Finance Equity 0.54%
Krishna Institu. Healthcare Equity 0.5%
Craftsman Auto Auto Ancillaries Equity 0.5%
Federal Bank Banks Equity 0.48%
Delhivery Logistics Equity 0.46%
Kajaria Ceramics Ceramic Products Equity 0.45%
Dodla Dairy FMCG Equity 0.45%
Apollo Tyres Tyres Equity 0.41%
Max Financial Finance Equity 0.41%
Guj.St.Petronet Gas Distribution Equity 0.41%
Mphasis IT - Software Equity 0.39%
Hindalco Inds. Non Ferrous Metals Equity 0.37%
Prince Pipes Plastic products Equity 0.35%
Jindal Steel Steel Equity 0.33%
Kotak Mah. Bank Banks Equity 0.33%
KFin Technolog. Miscellaneous Equity 0.33%
Sona BLW Precis. Auto Ancillaries Equity 0.32%
Torrent Pharma. Pharmaceuticals Equity 0.31%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.31%
Zydus Lifesci. Pharmaceuticals Equity 0.31%
Bajaj Finserv Finance Equity 0.29%
Bharat Electron Electronics Equity 0.28%
Westlife Food Quick Service Restaurant Equity 0.27%
Vinati Organics Chemicals Equity 0.26%
Dabur India FMCG Equity 0.26%
Titan Company Diamond, Gems and Jewellery Equity 0.26%
Electronics Mart Retail Equity 0.25%
Indian Energy Ex Miscellaneous Equity 0.25%
Havells India Consumer Durables Equity 0.23%
SBI Cards Finance Equity 0.23%
Canara Bank Banks Equity 0.21%
LIC Housing Fin. Finance Equity 0.21%
Ideaforge Tech Engineering Equity 0.19%
Greenply Industr Miscellaneous Equity 0.19%
Crompton Gr. Con Consumer Durables Equity 0.18%
Tatva Chintan Chemicals Equity 0.18%
Power Fin.Corpn. Finance Equity 0.16%
P I Industries Agro Chemicals Equity 0.16%
Dalmia BharatLtd Cement Equity 0.12%
Emami FMCG Equity 0.11%
One 97 E-Commerce/App based Aggregator Equity 0.1%
Hero Motocorp Automobile Equity 0.08%
Gateway Distri Logistics Equity 0.05%
Nestle India FMCG Equity 0.05%
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
66.75%
Net Curr Ass/Net Receivables
29.27%
Govt Securities / Sovereign
17.87%
Reverse Repos
8.53%
T-Bills
2.83%

Advance Ratio

6.28
Alpha
1.67
SD
0.37
Beta
2.26
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

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 ₹17.2 as of 21 September 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 12.3% 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 21 September 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 21 September 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. HDFC Bank - 3.53%
  2. ICICI Bank - 3.45%
  3. Infosys - 2.75%
  4. Larsen & Toubro - 2.39%
  5. St Bk of India - 2.31%

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