Mirae Asset Equity Savings Fund – Direct Growth

Hybrid · Equity Savings
 · ★★★★
500
Min SIP
5,000
Min Lumpsum
0.31 %
Expense Ratio
★★★★
Rating
868
Fund Size (in Cr)
5 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 20 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 17.8% 11.3% 13.3% 12.7%
Category Average 22% 15.1% 16.8% -

Scheme Allocation

By Holding
By Sector
By Asset
3.64%
3.23%
2.41%
Others
85.27%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 3.64%
ICICI Bank Banks Equity 3.23%
Reliance Industr Refineries Equity 2.99%
St Bk of India Banks Equity 2.46%
Infosys IT - Software Equity 2.41%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.07%
Axis Bank Banks Equity 1.79%
Tata Motors Automobile Equity 1.76%
Sun Pharma.Inds. Pharmaceuticals Equity 1.64%
Coal India Mining & Mineral products Equity 1.61%
TCS IT - Software Equity 1.61%
Tata Steel Steel Equity 1.6%
Aurobindo Pharma Pharmaceuticals Equity 1.58%
Ambuja Cements Cement Equity 1.56%
ITC Tobacco Products Equity 1.26%
Hind.Aeronautics Aerospace & Defence Equity 1.12%
Titan Company Diamond, Gems and Jewellery Equity 1.09%
SBI Life Insuran Insurance Equity 1.06%
Sun TV Network Entertainment Equity 1.02%
Hind. Unilever FMCG Equity 1.01%
Jindal Steel Steel Equity 0.95%
Bharti Airtel Telecomm-Service Equity 0.94%
H P C L Refineries Equity 0.91%
Adani Ports Marine Port & Services Equity 0.86%
Bank of Baroda Banks Equity 0.85%
Dr Reddy's Labs Pharmaceuticals Equity 0.84%
Shriram Finance Finance Equity 0.83%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.82%
NTPC Power Generation & Distribution Equity 0.8%
Tech Mahindra IT - Software Equity 0.79%
Tata Power Co. Power Generation & Distribution Equity 0.76%
DLF Realty Equity 0.75%
Ashok Leyland Automobile Equity 0.73%
ICICI Lombard Insurance Equity 0.73%
Dixon Technolog. Consumer Durables Equity 0.72%
Samvardh. Mothe. Auto Ancillaries Equity 0.67%
Aditya Birla Cap Finance Equity 0.65%
A B B Capital Goods - Electrical Equipment Equity 0.63%
Interglobe Aviat Air Transport Service Equity 0.6%
Balrampur Chini Sugar Equity 0.58%
IIFL Finance Finance Equity 0.52%
Kotak Mah. Bank Banks Equity 0.51%
Tata Technolog. IT - Software Equity 0.51%
Guj.St.Petronet Gas Distribution Equity 0.49%
Go Fashion (I) Textiles Equity 0.45%
RBL Bank Banks Equity 0.45%
Fusion Microfin. Finance Equity 0.44%
UPL Agro Chemicals Equity 0.43%
Delhivery Logistics Equity 0.43%
Yatra Online E-Commerce/App based Aggregator Equity 0.43%
Maruti Suzuki Automobile Equity 0.42%
Brigade Enterpr. Realty Equity 0.41%
TVS Motor Co. Automobile Equity 0.41%
O N G C Crude Oil & Natural Gas Equity 0.4%
Federal Bank Banks Equity 0.39%
IndusInd Bank Banks Equity 0.38%
Craftsman Auto Auto Ancillaries Equity 0.37%
Electronics Mart Retail Equity 0.37%
JSW Steel Steel Equity 0.37%
MTAR Technologie Aerospace & Defence Equity 0.37%
HCL Technologies IT - Software Equity 0.35%
Zee Entertainmen Entertainment Equity 0.35%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.35%
Torrent Pharma. Pharmaceuticals Equity 0.34%
Kajaria Ceramics Ceramic Products Equity 0.33%
Bharat Electron Aerospace & Defence Equity 0.31%
Max Financial Finance Equity 0.31%
Zydus Lifesci. Pharmaceuticals Equity 0.3%
LIC Housing Fin. Finance Equity 0.3%
Havells India Consumer Durables Equity 0.29%
Avalon Tech Consumer Durables Equity 0.28%
Hindalco Inds. Non Ferrous Metals Equity 0.28%
Krishna Institu. Healthcare Equity 0.28%
Prince Pipes Plastic products Equity 0.28%
KFin Technolog. Miscellaneous Equity 0.27%
Mphasis IT - Software Equity 0.26%
Godrej Consumer FMCG Equity 0.26%
SBI Cards Finance Equity 0.26%
Chola Financial Finance Equity 0.26%
Wipro IT - Software Equity 0.26%
Canara Bank Banks Equity 0.25%
B P C L Refineries Equity 0.24%
Greenply Industr Plywood Boards/Laminates Equity 0.23%
Westlife Food Quick Service Restaurant Equity 0.23%
I D F C Finance Equity 0.22%
Sona BLW Precis. Auto Ancillaries Equity 0.22%
Dabur India FMCG Equity 0.21%
Vinati Organics Chemicals Equity 0.2%
Eicher Motors Automobile Equity 0.18%
Piramal Enterp. Finance Equity 0.18%
Crompton Gr. Con Consumer Durables Equity 0.15%
UltraTech Cem. Cement Equity 0.15%
United Spirits Alcoholic Beverages Equity 0.14%
P I Industries Agro Chemicals Equity 0.12%
Ideaforge Tech Aerospace & Defence Equity 0.11%
Dalmia BharatLtd Cement Equity 0.11%
Tatva Chintan Chemicals Equity 0.11%
Bajaj Finserv Finance Equity 0.07%
One 97 E-Commerce/App based Aggregator Equity 0.07%
Emami FMCG Equity 0.06%
Gateway Distri Logistics Equity 0.05%
Nestle India FMCG Equity 0.01%
Debt
29.31%
Banks
13.95%
IT-Software
5.68%
Pharmaceuticals & Biotech
4.7%
Petroleum Products
4.14%
Others
42.22%
View all Sectors
Sectors Asset
Debt 29.31%
Banks 13.95%
IT-Software 5.68%
Pharmaceuticals & Biotech 4.7%
Petroleum Products 4.14%
Finance 3.73%
Ferrous Metals 2.92%
Consumer Durables 2.81%
Automobiles 2.77%
Diversified FMCG 2.27%
Insurance 2.1%
Construction 2.07%
Aerospace & Defense 1.91%
Cement & Cement Products 1.82%
Electrical Equipments 1.73%
Consumable Fuels 1.61%
Power 1.56%
Entertainment 1.37%
Auto Components 1.26%
Retailing 1.17%
Realty 1.16%
Transport Services 1.08%
Cash & Others 0.99%
Telecom-Services 0.94%
Transport Infrastructure 0.86%
Agricultural, Commercial 0.73%
Leisure Services 0.66%
Agricultural Food & other 0.58%
Fertilisers & Agrochemica 0.55%
Personal Products 0.53%
IT-Services 0.51%
Gas 0.49%
Oil 0.4%
Chemicals & Petrochemical 0.31%
Non-Ferrous Metals 0.28%
Industrial Products 0.28%
Healthcare Services 0.28%
Capital Markets 0.27%
Beverages 0.14%
Financial Technology (Fin 0.07%
Food Products 0.01%
Equity
69.71%
Govt Securities / Sovereign
14.27%
Reverse Repos
11.62%
Corporate Debentures
2.27%
T-Bills
1.15%
Others
0.98%
View all Assets
Assets Asset
Equity 69.71%
Govt Securities / Sovereign 14.27%
Reverse Repos 11.62%
Corporate Debentures 2.27%
T-Bills 1.15%
Net Curr Ass/Net Receivables 0.99%

Advance Ratio

2.06
Alpha
1.58
SD
0.38
Beta
0.97
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

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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 ₹18.6 as of 20 February 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 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 - 3.64%
  2. ICICI Bank - 3.23%
  3. Reliance Industr - 2.99%
  4. St Bk of India - 2.46%
  5. Infosys - 2.41%

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.

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

The Mirae Asset Equity Savings Fund – Direct Growth has delivered 12.7% 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 0.31 % as of 20 February 2024.

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 - 29.31%
  2. Banks - 13.95%
  3. IT-Software - 5.68%
  4. Pharmaceuticals & Biotech - 4.7%
  5. Petroleum Products - 4.14%

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.
Invest Now