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Mirae Asset Equity Savings Fund

Mirae Asset Equity Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

13.92

as on 18 Jan 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,788 today.

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NAV Performance

Mirae Asset Equity Savings Fund performance graph for last 3 years
Performance of Mirae Asset Equity Savings Fund for last 3 Years

Fund Information

  • ₹ 14.859

    as on 18 Jan 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 432 Cr.

    as on 18 Jan 2022
  • 1.43%

    since 31 Oct 2021
  • 17 Dec 2018

  • Hybrid - Equity Savings

  • Nifty 50

  • Mirae Mutual Fund

    Show All Funds

Highlights of this fund

Mirae Asset Equity Savings Fund is an Open-ended Hybrid Fund. The fund belongs to Equity Savings category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 17 Dec 2018. This fund is offered by one of the top AMC (Assets Management Company) Mirae Mutual Fund. You can also view here all other Hybrid funds offered by Mirae Mutual Fund.

Latest NAV of the fund is ₹ 14.859 as on 18 Jan 2022.

This fund has 3 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.43%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

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.

List of Fund Managers of Mirae Asset Equity Savings Fund

  • About Harshad Borawake

    Picture of Harshad BorawakeMr. Borawake's professional experience spans more than 14 years and his primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Motilal Oswal Securities as Vice President (Research). He has also been associated with Capmetrics & Risk Solutions as Research Analyst - Equity.
  • About Vrijesh Kasera

    Picture of Vrijesh KaseraMr. Kasera brings with him professional experience covering more than 10 years. His primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.
  • About Mahendra Jajoo

    Picture of Mahendra Jajoo
  • About Bharti Sawant

    Picture of Bharti SawantMs. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com. Prior to joining Mirae AMC in September 2013, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 3.10% 1.71% 8.88% 18.91% 17.19% 13.92% 10.63% 9.87% 19.06% 22.01% 17.76% 12.96% 10.19%
Category Average 2.15% 0.15% 5.46% 12.75% 10.98% 10.06% 8.29% 8.30% 12.30% 15.75% 13.08% 9.61% 8.60%
Mirae Asset Equity Savings Fund 2.33%₹ 10,233 0.36%₹ 10,036 6.42%₹ 10,641 16.19%₹ 11,618 14.67%₹ 12,935 14.91%₹ 13,215 19.66%₹ 29,095 13.92%₹ 14,788 16.76%₹ 46,138 - - - -
Axis Equity Saver Fund 2.32%₹ 10,231 -0.06%₹ 9,994 7.96%₹ 10,796 14.80%₹ 11,480 14.63%₹ 12,932 12.45%₹ 12,652 17.66%₹ 28,558 11.53%₹ 13,875 14.34%₹ 44,571 10.52%₹ 16,494 11.47%₹ 80,072 - -
Kotak Equity Savings Fund 2.04%₹ 10,203 1.71%₹ 10,171 6.78%₹ 10,678 11.94%₹ 11,193 13.21%₹ 12,843 11.14%₹ 12,358 14.90%₹ 27,829 10.35%₹ 13,441 12.55%₹ 43,435 9.47%₹ 15,724 10.25%₹ 77,683 - -
SBI Equity Savings Fund 2.45%₹ 10,245 1.31%₹ 10,130 6.00%₹ 10,600 13.43%₹ 11,343 13.32%₹ 12,851 12.70%₹ 12,709 17.99%₹ 28,647 12.07%₹ 14,078 14.83%₹ 44,890 9.54%₹ 15,775 11.21%₹ 79,545 - -
HDFC Equity Savings Fund 2.86%₹ 10,285 0.10%₹ 10,010 5.70%₹ 10,569 17.54%₹ 11,753 15.40%₹ 12,980 13.40%₹ 12,867 19.61%₹ 29,080 11.10%₹ 13,717 15.15%₹ 45,092 9.46%₹ 15,718 11.14%₹ 79,405 9.87%₹ 25,653 10.19%₹ 2,03,632
Aditya Birla Sun Life Equity Savings Fund 2.71%₹ 10,270 0.06%₹ 10,005 5.75%₹ 10,575 13.28%₹ 11,327 12.36%₹ 12,790 11.94%₹ 12,538 16.76%₹ 28,319 11.32%₹ 13,800 13.99%₹ 44,345 8.94%₹ 15,344 10.27%₹ 77,709 - -

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Equity Savings Fund as on 19 Jan 2022 are listed below:

  • Equity Holdings:

    65.64%
  • Debt Holdings:

    23.38%
  • Others Holdings:

    36.45%

Top Sector Holdings of Mirae Asset Equity Savings Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 12.78% ₹ 51.76 Cr.
Computers - Software 7.88% ₹ 31.91 Cr.
Insurance 3.50% ₹ 14.19 Cr.
Pharmaceuticals 3.28% ₹ 13.30 Cr.
Refineries/Marketing 2.94% ₹ 11.90 Cr.
Others 69.62% -

Top Stock Holdings of Mirae Asset Equity Savings Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 4.68% ₹ 18.94 Cr.
HDFC Bank Ltd. 3.27% ₹ 13.24 Cr.
Tata Consultancy Services Ltd. 3.01% ₹ 12.19 Cr.
Infosys Ltd. 2.78% ₹ 11.25 Cr.
SBI Life Insurance Co Ltd. 2.66% ₹ 10.79 Cr.
Others 83.60% -

Top Debt Instrument Type holdings of Mirae Asset Equity Savings Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 17.32% ₹ 70.18 Cr.
T-Bills 3.59% ₹ 14.54 Cr.
NCD & Bonds 2.47% ₹ 10.00 Cr.
Others 76.62% -

Top Debt Holdings of Mirae Asset Equity Savings Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 17.32% ₹ 70.18 Cr.
Bond - T-Bill 3.59% ₹ 14.54 Cr.
Bond - Muthoot Finance Pvt. Ltd. 1.24% ₹ 5.03 Cr.
Bond - IIFL Finance Ltd. 1.23% ₹ 4.97 Cr.
Others 76.62%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 23.09%
TREPS 13.36%