Mirae Asset Equity Savings Fund

Hybrid · Equity Savings
 · ★★★★★
1,000
Min SIP
5,000
Min Lumpsum
0.42 %
Expense Ratio
★★★★★
Rating
572
Fund Size (in Cr)
4 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 01 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 10.4% 15.8% - 11.7%
Category Average 14.1% 24.8% 13.5% -

Scheme Allocation

By Holding
By Sector
By Asset
Reliance Industr
4.07%
ICICI Bank
4.03%
HDFC Bank
3.78%
Axis Bank
3.01%
Larsen & Toubro
2.22%
Others
82.89%
Debt
31.04%
Cash & Others
26%
Banks
16.79%
Pharmaceuticals & Biotech
4.88%
IT-Software
4.79%
Others
16.49%
Equity
68.34%
Net Curr Ass/Net Receivables
26%
Govt Securities / Sovereign
19.72%
Reverse Repos
7.03%
T-Bills
3.42%

Advance Ratio

0.5
Alpha
1.85
SD
0.39
Beta
0.67
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:
1,18,065 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 ?

You can invest in Mirae Asset Equity Savings Fund 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 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 ?

The NAV of Mirae Asset Equity Savings Fund is ₹16.3 as of 01 June 2023.

How to redeem Mirae Asset Equity Savings Fund 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?

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

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

The top sectors Mirae Asset Equity Savings Fund has invested in are
  1. Reliance Industr - 4.07%
  2. ICICI Bank - 4.03%
  3. HDFC Bank - 3.78%
  4. Axis Bank - 3.01%
  5. Larsen & Toubro - 2.22%

How much returns have Mirae Asset Equity Savings Fund generated ?

The Mirae Asset Equity Savings Fund has delivered 11.7% since inception

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

The expense ratio of Mirae Asset Equity Savings Fund is 0.42 % as of 01 June 2023.

What is the AUM of Mirae Asset Equity Savings Fund?

The AUM of Mirae Asset Equity Savings Fund is ₹1,18,065 Cr as of 01 June 2023

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

The top stock holdings of Mirae Asset Equity Savings Fund are
  1. Reliance Industr - 4.07%
  2. ICICI Bank - 4.03%
  3. HDFC Bank - 3.78%
  4. Axis Bank - 3.01%
  5. Larsen & Toubro - 2.22%
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