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Home Mutual FundsHybridEquity Savings FundMirae Asset Equity Savings Fund

Mirae Asset Equity Savings Fund

The fund details shown here are of the Growth Plan option and belongs to the Hybrid, Equity Savings Fund category.

The NAV for Mirae Asset Equity Savings Fund Fund is 19.995 as of 29 May 2025. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 12.02% annualized return for the last 3 years.

At present Mirae Asset Equity Savings Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Fund Information

  • As of 28 Feb 2025, fund size of Mirae Asset Equity Savings Fund is 1,312.96 Cr.

  • Mirae Asset Equity Savings Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 1.35%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Mirae Asset Equity Savings Fund is an Hybrid oriented mutual fund in the - Equity Savings Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Mirae Asset Equity Savings Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 15 Dec 2018 as at present it is 6 years old fund.

  • Name of the AMC is Mirae Asset Mutual Fund. Click here to know more about Mirae Asset Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Mirae Asset Equity Savings Fund managed by following fund manager(s);

Riskometer

How does the Return Comparison of the Mirae Asset Equity Savings Fund fare against peer funds in the Equity Savings fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Mirae Asset Equity Savings Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Hybrid, Equity Savings fund category these peer funds belongs to.

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 2.24% 7.99% 3.98% 11.13% 14.42% 12.02% 14.25% 9.58%
Category Average 1.21% 5.39% 2.61% 8.21% 11.25% 10.33% 11.65% 8.04%
Mirae Asset Equity Savings Fund 1.81% 7.99% 3.78% 10.40% 13.11% 12.02% 14.25% -
UTI Equity Savings Fund 0.96% 5.00% 3.60% 8.06% 12.17% 11.85% 13.08% -
Invesco India Equity Savings Fund 2.24% 7.05% 1.76% 9.48% - - - -
Kotak Equity Savings Fund 1.12% 6.56% 1.43% 7.21% 12.78% 11.80% 12.63% 9.16%
SBI Equity Savings Fund 1.51% 7.54% 2.20% 8.71% - - - -
HDFC Equity Savings Fund 1.55% 6.10% 2.75% 7.45% 12.26% 11.39% 13.59% 9.58%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Mirae Asset Equity Savings Fund are shown below;

Equity 69.90%

Debt 23.68%

Others -21.08%

Portfolio Holdings shown is as of 28 Feb 2025