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Mirae Asset Equity Savings Fund

Mirae Asset Equity Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3 Years

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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

  • ₹ 13.746

    as on 18 Jun 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 159 Cr.

    as on 18 Jun 2021
  • 1.45%

    since 31 Dec 2020
  • 17 Dec 2018

  • Hybrid - Equity Savings

  • Nifty 50

  • mirae asset mutual fund

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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 asset mutual fund. You can also view here all other Hybrid funds offered by mirae asset mutual fund.

Latest NAV of the fund is ₹ 13.746 as on 18 Jun 2021.

This fund has 2 years of track record. Since 31 Dec 2020 expense ratio of this fund is 1.45%. 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 3.09% 5.65% 11.74% 30.77% 14.55% 10.41% 10.45% 9.50% 28.65% 20.19% 15.30% 10.77% 9.81%
Category Average 2.06% 3.61% 7.34% 22.70% 9.63% 7.78% 7.88% 7.82% 19.44% 14.96% 11.46% 8.51% 7.99%
Mirae Asset Equity Savings Fund 2.39%₹ 10,239 4.74%₹ 10,473 9.73%₹ 10,973 29.97%₹ 12,997 25.17%₹ 13,574 14.55%₹ 13,126 20.19%₹ 29,227 - - - - - -
Kotak Equity Savings Fund 1.70%₹ 10,170 2.75%₹ 10,275 5.26%₹ 10,526 18.58%₹ 11,858 14.85%₹ 12,942 9.70%₹ 12,037 13.10%₹ 27,349 8.36%₹ 12,725 10.72%₹ 42,285 8.88%₹ 15,309 9.19%₹ 75,638 - -
Aditya Birla Sun Life Equity Savings Fund 2.65%₹ 10,265 3.29%₹ 10,329 8.20%₹ 10,819 26.18%₹ 12,617 22.28%₹ 13,398 11.14%₹ 12,355 16.58%₹ 28,265 8.27%₹ 12,694 12.72%₹ 43,527 8.89%₹ 15,313 9.35%₹ 75,927 - -
SBI Equity Savings Fund 2.33%₹ 10,232 4.56%₹ 10,456 8.48%₹ 10,848 28.10%₹ 12,810 23.60%₹ 13,479 12.16%₹ 12,582 18.11%₹ 28,671 9.37%₹ 13,084 13.93%₹ 44,293 8.80%₹ 15,250 10.35%₹ 77,844 - -
Axis Equity Saver Fund 2.08%₹ 10,207 3.29%₹ 10,328 5.72%₹ 10,571 24.17%₹ 12,417 19.47%₹ 13,227 10.25%₹ 12,157 14.96%₹ 27,838 8.84%₹ 12,895 11.84%₹ 42,976 9.05%₹ 15,426 9.93%₹ 77,040 - -
ICICI Prudential Equity Savings Fund 1.06%₹ 10,105 2.39%₹ 10,238 6.34%₹ 10,633 18.75%₹ 11,874 15.83%₹ 13,002 8.09%₹ 11,687 11.74%₹ 26,995 7.97%₹ 12,590 9.78%₹ 41,705 8.50%₹ 15,046 8.26%₹ 73,891 - -

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Equity Savings Fund as on 20 Jun 2021 are listed below:

  • Equity Holdings:

    74.01%
  • Debt Holdings:

    9.98%
  • Others Holdings:

    45.15%

Top Sector Holdings of Mirae Asset Equity Savings Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 16.36% ₹ 33.76 Cr.
Computers - software 6.74% ₹ 13.91 Cr.
Pharmaceuticals 5.67% ₹ 12.13 Cr.
Housing finance 4.00% ₹ 8.68 Cr.
Refineries/marketing 3.95% ₹ 8.14 Cr.
Others 63.28% -

Top Stock Holdings of Mirae Asset Equity Savings Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 6.01% ₹ 12.40 Cr.
Infosys Ltd. 4.55% ₹ 9.39 Cr.
Housing Development Finance Corporation Ltd. 4.00% ₹ 8.25 Cr.
HDFC Bank Ltd. 3.89% ₹ 8.03 Cr.
Adani Ports And Special Economic Zone Ltd. 3.40% ₹ 7.02 Cr.
Others 78.15% -

Top Debt Instrument Type holdings of Mirae Asset Equity Savings Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 7.48% ₹ 15.44 Cr.
NCD & Bonds 2.50% ₹ 5.15 Cr.
Others 90.02% -

Top Debt Holdings of Mirae Asset Equity Savings Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 7.48% ₹ 15.44 Cr.
Bond - Muthoot Finance Pvt. Ltd. 2.50% ₹ 5.15 Cr.
Others 90.02%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 27.69%
Margin 10.37%
TREPS 6.46%
FD 0.63%