Mirae Asset Equity Savings Fund – Direct Growth

Hybrid · Equity Savings
 · ★★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.32 %
Expense Ratio
★★★★
Rating
1,126
Fund Size (in Cr)
6 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 26 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 17.6% 11.7% 13.8% 13.2%
Category Average 19.6% 13.9% 14.6% -

Scheme Allocation

By Holding
By Sector
By Asset
3.75%
2.36%
TCS
2.34%
Others
86.67%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 3.75%
Reliance Industr Refineries Equity 2.53%
Infosys IT - Software Equity 2.36%
St Bk of India Banks Equity 2.35%
TCS IT - Software Equity 2.34%
ICICI Bank Banks Equity 2.12%
Coal India Mining & Mineral products Equity 1.84%
Kotak Mah. Bank Banks Equity 1.73%
Bharti Airtel Telecomm-Service Equity 1.72%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.68%
Axis Bank Banks Equity 1.59%
Tata Steel Steel Equity 1.58%
Tata Power Co. Power Generation & Distribution Equity 1.56%
Hind.Aeronautics Aerospace & Defence Equity 1.51%
Ambuja Cements Cement Equity 1.44%
Aurobindo Pharma Pharmaceuticals Equity 1.28%
ITC Tobacco Products Equity 1.24%
DLF Realty Equity 1.2%
LIC Housing Fin. Finance Equity 1.12%
Dixon Technolog. Consumer Durables Equity 1.1%
Sun Pharma.Inds. Pharmaceuticals Equity 1.09%
Shriram Finance Finance Equity 1.08%
IndusInd Bank Banks Equity 1.01%
Samvardh. Mothe. Auto Ancillaries Equity 0.92%
Jindal Steel Steel Equity 0.91%
A B B Capital Goods - Electrical Equipment Equity 0.89%
NTPC Power Generation & Distribution Equity 0.88%
SBI Life Insuran Insurance Equity 0.87%
Adani Ports Marine Port & Services Equity 0.81%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.8%
Titan Company Diamond, Gems and Jewellery Equity 0.78%
Hind. Unilever FMCG Equity 0.77%
Ashok Leyland Automobile Equity 0.77%
H P C L Refineries Equity 0.75%
Tech Mahindra IT - Software Equity 0.75%
Bank of Baroda Banks Equity 0.73%
Tata Motors Automobile Equity 0.71%
Aditya Birla Cap Finance Equity 0.7%
GAIL (India) Gas Distribution Equity 0.65%
Indus Towers Telecomm Equipment & Infra Services Equity 0.63%
O N G C Crude Oil & Natural Gas Equity 0.62%
Cipla Pharmaceuticals Equity 0.62%
Brigade Enterpr. Realty Equity 0.58%
Bharat Electron Aerospace & Defence Equity 0.52%
Balrampur Chini Sugar Equity 0.49%
Hindalco Inds. Non Ferrous Metals Equity 0.49%
Interglobe Aviat Air Transport Service Equity 0.46%
R R Kabel Cables Equity 0.45%
HCL Technologies IT - Software Equity 0.45%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.44%
Fusion Microfin. Finance Equity 0.42%
ICICI Lombard Insurance Equity 0.42%
Craftsman Auto Auto Ancillaries Equity 0.42%
Dabur India FMCG Equity 0.41%
IIFL Finance Finance Equity 0.38%
Go Fashion (I) Textiles Equity 0.38%
TVS Motor Co. Automobile Equity 0.37%
Federal Bank Banks Equity 0.36%
RBL Bank Banks Equity 0.35%
LTIMindtree IT - Software Equity 0.33%
Zydus Lifesci. Pharmaceuticals Equity 0.33%
JSW Steel Steel Equity 0.32%
Havells India Consumer Durables Equity 0.31%
Go Digit General Insurance Equity 0.31%
Mphasis IT - Software Equity 0.31%
Electronics Mart Retail Equity 0.3%
Delhivery Logistics Equity 0.29%
Torrent Pharma. Pharmaceuticals Equity 0.29%
Bata India Leather Equity 0.29%
Power Fin.Corpn. Finance Equity 0.28%
Max Financial Finance Equity 0.26%
TBO Tek E-Commerce/App based Aggregator Equity 0.25%
Syngene Intl. Healthcare Equity 0.25%
B P C L Refineries Equity 0.25%
Zensar Tech. IT - Software Equity 0.25%
Voltas Consumer Durables Equity 0.24%
Godrej Consumer FMCG Equity 0.24%
Avalon Tech Consumer Durables Equity 0.23%
ACC Cement Equity 0.23%
Greenply Industr Plywood Boards/Laminates Equity 0.23%
Tata Comm Telecomm-Service Equity 0.22%
KFin Technolog. Financial Services Equity 0.22%
Guj.St.Petronet Gas Distribution Equity 0.21%
Krishna Institu. Healthcare Equity 0.21%
Prince Pipes Plastic products Equity 0.2%
Vedanta Mining & Mineral products Equity 0.19%
Divi's Lab. Pharmaceuticals Equity 0.18%
Multi Comm. Exc. Financial Services Equity 0.17%
I D F C Finance Equity 0.17%
Vinati Organics Chemicals Equity 0.17%
Eicher Motors Automobile Equity 0.17%
Maruti Suzuki Automobile Equity 0.17%
Sona BLW Precis. Auto Ancillaries Equity 0.16%
Dalmia BharatLtd Cement Equity 0.16%
Glenmark Pharma. Pharmaceuticals Equity 0.16%
Crompton Gr. Con Consumer Durables Equity 0.15%
Piramal Enterp. Finance Equity 0.14%
United Spirits Alcoholic Beverages Equity 0.13%
P I Industries Agro Chemicals Equity 0.1%
Yatra Online E-Commerce/App based Aggregator Equity 0.1%
Cera Sanitary. Ceramic Products Equity 0.1%
Dr Reddy's Labs Pharmaceuticals Equity 0.06%
Kajaria Ceramics Ceramic Products Equity 0.04%
Gateway Distri Logistics Equity 0.04%
One 97 E-Commerce/App based Aggregator Equity 0.03%
Westlife Food Quick Service Restaurant Equity 0%
Debt
30.52%
Banks
13.64%
IT-Software
6.13%
Finance
3.84%
Pharmaceuticals & Biotech
3.56%
Others
42.32%
View all Sectors
Sectors Asset
Debt 30.52%
Banks 13.64%
IT-Software 6.13%
Finance 3.84%
Pharmaceuticals & Biotech 3.56%
Petroleum Products 3.47%
Consumer Durables 2.96%
Ferrous Metals 2.92%
Power 2.48%
Diversified FMCG 2.04%
Aerospace & Defense 2.01%
Consumable Fuels 1.93%
Telecom-Services 1.91%
Electrical Equipments 1.89%
Cement & Cement Products 1.82%
Construction 1.8%
Realty 1.79%
Insurance 1.76%
Cash & Others 1.67%
Automobiles 1.55%
Auto Components 1.26%
Retailing 1.05%
Transport Infrastructure 0.81%
Transport Services 0.8%
Agricultural, Commercial 0.74%
Gas 0.68%
Industrial Products 0.65%
Personal Products 0.65%
Oil 0.62%
Entertainment 0.61%
Leisure Services 0.54%
Agricultural Food & other 0.44%
Capital Markets 0.39%
Non-Ferrous Metals 0.39%
Chemicals & Petrochemical 0.23%
Healthcare Services 0.19%
Beverages 0.12%
Fertilisers & Agrochemica 0.1%
Financial Technology (Fin 0.03%
Equity
70.6%
Govt Securities / Sovereign
14.37%
Corporate Debentures
8.28%
Commercial Paper
2.65%
Net Curr Ass/Net Receivables
2.2%
Others
1.9%
View all Assets
Assets Asset
Equity 70.6%
Govt Securities / Sovereign 14.37%
Corporate Debentures 8.28%
Commercial Paper 2.65%
Net Curr Ass/Net Receivables 2.2%
Reverse Repos 1.06%
Certificate of Deposit 0.85%

Advance Ratio

1.6
Alpha
1.51
SD
0.36
Beta
0.84
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:
1,74,622 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

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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 ₹20.2 as of 26 July 2024.

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 ₹500

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 - 30.52%
  2. Banks - 13.64%
  3. IT-Software - 6.13%
  4. Finance - 3.84%
  5. Pharmaceuticals & Biotech - 3.56%

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 13.2% 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 0.32 % as of 26 July 2024.

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

The AUM of Mirae Asset Equity Savings Fund – Direct Growth is ₹1,74,622 Cr as of 26 July 2024

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 - 3.75%
  2. Reliance Industr - 2.53%
  3. Infosys - 2.36%
  4. St Bk of India - 2.35%
  5. TCS - 2.34%

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.
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