Mirae Asset Equity Savings Fund – Direct Growth

Hybrid · Equity Savings
 · ★★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.25 %
Expense Ratio
★★★★
Rating
930
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 22 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 18.6% 12% 12.5% 12.5%
Category Average 24.2% 16.7% 15.1% -

Scheme Allocation

By Holding
By Sector
By Asset
3.9%
2.39%
2.29%
Others
85.8%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 3.9%
Reliance Industr Refineries Equity 2.91%
St Bk of India Banks Equity 2.7%
ICICI Bank Banks Equity 2.39%
Infosys IT - Software Equity 2.29%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.09%
TCS IT - Software Equity 1.72%
Tata Steel Steel Equity 1.72%
Sun Pharma.Inds. Pharmaceuticals Equity 1.65%
Axis Bank Banks Equity 1.64%
Coal India Mining & Mineral products Equity 1.61%
Ambuja Cements Cement Equity 1.59%
ITC Tobacco Products Equity 1.52%
M & M Automobile Equity 1.41%
Aurobindo Pharma Pharmaceuticals Equity 1.4%
Bharti Airtel Telecomm-Service Equity 1.34%
Hind.Aeronautics Aerospace & Defence Equity 1.16%
SBI Life Insuran Insurance Equity 1.06%
Titan Company Diamond, Gems and Jewellery Equity 1.05%
NTPC Power Generation & Distribution Equity 1.01%
Jindal Steel Steel Equity 0.99%
Adani Ports Marine Port & Services Equity 0.89%
Sun TV Network Entertainment Equity 0.87%
H P C L Refineries Equity 0.87%
Hind. Unilever FMCG Equity 0.86%
Bank of Baroda Banks Equity 0.85%
Shriram Finance Finance Equity 0.84%
Dixon Technolog. Consumer Durables Equity 0.84%
Tata Motors Automobile Equity 0.81%
A B B Capital Goods - Electrical Equipment Equity 0.8%
DLF Realty Equity 0.78%
Kotak Mah. Bank Banks Equity 0.76%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.75%
Tata Power Co. Power Generation & Distribution Equity 0.72%
Tech Mahindra IT - Software Equity 0.69%
Samvardh. Mothe. Auto Ancillaries Equity 0.69%
Interglobe Aviat Air Transport Service Equity 0.67%
Ashok Leyland Automobile Equity 0.66%
Aditya Birla Cap Finance Equity 0.62%
Balrampur Chini Sugar Equity 0.5%
Maruti Suzuki Automobile Equity 0.49%
ICICI Lombard Insurance Equity 0.48%
Go Fashion (I) Textiles Equity 0.45%
Guj.St.Petronet Gas Distribution Equity 0.45%
Brigade Enterpr. Realty Equity 0.43%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.43%
Bharat Electron Aerospace & Defence Equity 0.42%
TVS Motor Co. Automobile Equity 0.41%
O N G C Crude Oil & Natural Gas Equity 0.4%
Craftsman Auto Auto Ancillaries Equity 0.4%
Delhivery Logistics Equity 0.39%
RBL Bank Banks Equity 0.39%
LTIMindtree IT - Software Equity 0.37%
Federal Bank Banks Equity 0.37%
Zydus Lifesci. Pharmaceuticals Equity 0.37%
Fusion Microfin. Finance Equity 0.37%
IndusInd Bank Banks Equity 0.36%
Hindalco Inds. Non Ferrous Metals Equity 0.36%
JSW Steel Steel Equity 0.35%
Torrent Pharma. Pharmaceuticals Equity 0.33%
Max Financial Finance Equity 0.33%
Yatra Online E-Commerce/App based Aggregator Equity 0.32%
HCL Technologies IT - Software Equity 0.32%
Havells India Consumer Durables Equity 0.32%
Electronics Mart Retail Equity 0.3%
Tata Comm Telecomm-Service Equity 0.29%
Canara Bank Banks Equity 0.28%
Dabur India FMCG Equity 0.28%
MTAR Technologie Aerospace & Defence Equity 0.28%
LIC Housing Fin. Finance Equity 0.28%
IIFL Finance Finance Equity 0.27%
Bajaj Finance Finance Equity 0.27%
B P C L Refineries Equity 0.27%
Zee Entertainmen Entertainment Equity 0.26%
Godrej Consumer FMCG Equity 0.26%
Kajaria Ceramics Ceramic Products Equity 0.26%
Avalon Tech Consumer Durables Equity 0.26%
Krishna Institu. Healthcare Equity 0.25%
Wipro IT - Software Equity 0.25%
KFin Technolog. Financial Services Equity 0.23%
Chola Financial Finance Equity 0.23%
Dalmia BharatLtd Cement Equity 0.23%
Mphasis IT - Software Equity 0.22%
Sona BLW Precis. Auto Ancillaries Equity 0.21%
Prince Pipes Plastic products Equity 0.2%
Greenply Industr Plywood Boards/Laminates Equity 0.2%
I D F C Finance Equity 0.19%
Eicher Motors Automobile Equity 0.17%
SBI Cards Finance Equity 0.17%
Divi's Lab. Pharmaceuticals Equity 0.16%
Piramal Enterp. Finance Equity 0.16%
Vinati Organics Chemicals Equity 0.16%
Westlife Food Quick Service Restaurant Equity 0.14%
United Spirits Alcoholic Beverages Equity 0.14%
P I Industries Agro Chemicals Equity 0.12%
Crompton Gr. Con Consumer Durables Equity 0.12%
Cera Sanitary. Ceramic Products Equity 0.09%
Tatva Chintan Chemicals Equity 0.08%
Dr Reddy's Labs Pharmaceuticals Equity 0.07%
Emami FMCG Equity 0.05%
Gateway Distri Logistics Equity 0.04%
One 97 E-Commerce/App based Aggregator Equity 0.03%
Nestle India FMCG Equity 0%
Debt
30.46%
Banks
14.02%
IT-Software
5.64%
Petroleum Products
4.2%
Pharmaceuticals & Biotech
3.91%
Others
41.77%
View all Sectors
Sectors Asset
Debt 30.46%
Banks 14.02%
IT-Software 5.64%
Petroleum Products 4.2%
Pharmaceuticals & Biotech 3.91%
Finance 3.84%
Consumer Durables 2.91%
Ferrous Metals 2.89%
Automobiles 2.87%
Diversified FMCG 2.3%
Insurance 2.27%
Construction 2%
Cement & Cement Products 1.88%
Aerospace & Defense 1.76%
Electrical Equipments 1.76%
Consumable Fuels 1.67%
Power 1.52%
Auto Components 1.29%
Telecom-Services 1.27%
Entertainment 1.24%
Realty 1.23%
Retailing 1.18%
Transport Services 1.1%
Cash & Others 1.01%
Transport Infrastructure 0.9%
Agricultural, Commercial 0.68%
Agricultural Food & other 0.53%
Leisure Services 0.53%
Personal Products 0.53%
Gas 0.48%
Oil 0.41%
Non-Ferrous Metals 0.33%
Healthcare Services 0.29%
Chemicals & Petrochemical 0.28%
Capital Markets 0.27%
Industrial Products 0.21%
Beverages 0.15%
Fertilisers & Agrochemica 0.12%
Financial Technology (Fin 0.04%
Food Products 0.01%
Equity
68.42%
Govt Securities / Sovereign
14.66%
Reverse Repos
11.22%
Corporate Debentures
4.92%
Net Curr Ass/Net Receivables
0.77%
Others
0%

Advance Ratio

1.78
Alpha
1.5
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:
1,64,467 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 ₹18.8 as of 22 April 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 - 30.46%
  2. Banks - 14.02%
  3. IT-Software - 5.64%
  4. Petroleum Products - 4.2%
  5. Pharmaceuticals & Biotech - 3.91%

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 12.5% 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 0.25 % as of 22 April 2024.

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

The AUM of Mirae Asset Equity Savings Fund – Direct Growth is ₹1,64,467 Cr as of 22 April 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 - 3.9%
  2. Reliance Industr - 2.91%
  3. St Bk of India - 2.7%
  4. ICICI Bank - 2.39%
  5. Infosys - 2.29%

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