Fund Performance
Lumpsum
SIP
12.89
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,387 today.
NAV Performance
Fund Information
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₹ 16.421
as on 22 Sep 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 561 Cr.
as on 31 May 2023 -
1.43%
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17 Dec 2018
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Nifty 50
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Mirae 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 Mutual Fund. You can also view here all other Hybrid funds offered by Mirae Mutual Fund.
Latest NAV of the fund is ₹ 16.421 as on 22 Sep 2023.
This fund has 4 years of track record. Since 31 Mar 2023 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
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About Vrijesh Kasera
Mr. 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.
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About Mahendra Jajoo
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About Bharti Sawant
Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com. Prior to joining Mirae Asset Mutual Fund, 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.
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About Harshad Borawake
Mr. 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.
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 | 2.19% | 5.76% | 13.64% | 12.40% | 8.90% | 14.41% | 10.12% | 9.81% | 19.63% | 12.48% | 11.38% | 11.91% | 9.68% |
| Category Average | 1.00% | 3.44% | 8.75% | 9.24% | 6.00% | 11.01% | 7.90% | 8.11% | 12.37% | 8.82% | 8.79% | 9.26% | 8.07% |
| Mirae Asset Equity Savings Fund | 0.92%₹ 10,092 | 3.97%₹ 10,396 | 10.28%₹ 11,028 | 10.02%₹ 11,001 | 13.39%₹ 12,853 | 6.50%₹ 11,342 | 9.71%₹ 26,471 | 12.89%₹ 14,387 | 9.88%₹ 41,768 | - | - | - | - |
| Principal Equity Savings Fund | 0.91%₹ 10,091 | 5.05%₹ 10,504 | 11.88%₹ 11,188 | 10.35%₹ 11,035 | 14.97%₹ 12,951 | 7.52%₹ 11,560 | 10.59%₹ 26,697 | 14.41%₹ 14,976 | 11.23%₹ 42,597 | 10.12%₹ 16,203 | 11.91%₹ 80,938 | 9.01%₹ 23,718 | 9.68%₹ 1,98,115 |
| HDFC Equity Savings Fund | 1.17%₹ 10,116 | 4.04%₹ 10,404 | 8.96%₹ 10,896 | 9.96%₹ 10,996 | 12.61%₹ 12,804 | 7.48%₹ 11,552 | 9.83%₹ 26,502 | 14.34%₹ 14,947 | 10.54%₹ 42,173 | 8.94%₹ 15,351 | 10.75%₹ 78,635 | 9.81%₹ 25,515 | 9.49%₹ 1,96,162 |
| SBI Equity Savings Fund | 2.19%₹ 10,219 | 5.76%₹ 10,576 | 13.64%₹ 11,363 | 12.40%₹ 11,240 | 19.63%₹ 13,240 | 7.87%₹ 11,636 | 12.48%₹ 27,190 | 13.56%₹ 14,645 | 11.38%₹ 42,691 | 9.68%₹ 15,880 | 11.41%₹ 79,933 | - | - |
| UTI Equity Savings Fund | 1.13%₹ 10,113 | 4.36%₹ 10,436 | 9.95%₹ 10,994 | 12.28%₹ 11,227 | 14.54%₹ 12,925 | 8.35%₹ 11,738 | 11.25%₹ 26,871 | 13.56%₹ 14,642 | 11.07%₹ 42,500 | 8.84%₹ 15,283 | 10.86%₹ 78,850 | - | - |
| L&T Equity Savings Fund | 1.45%₹ 10,144 | 3.69%₹ 10,369 | 10.51%₹ 11,050 | 10.97%₹ 11,096 | 15.53%₹ 12,986 | 6.94%₹ 11,437 | 10.43%₹ 26,657 | 13.37%₹ 14,572 | 10.49%₹ 42,141 | 8.51%₹ 15,051 | 10.70%₹ 78,536 | 8.89%₹ 23,466 | 8.57%₹ 1,86,823 |
Portfolio Holdings
Top Sector Holdings of Mirae Asset Equity Savings Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 13.26% | ₹ 77.77 Cr. |
| Computers - Software | 5.62% | ₹ 32.98 Cr. |
| Refineries/Marketing | 3.84% | ₹ 22.55 Cr. |
| Pharmaceuticals | 3.68% | ₹ 21.64 Cr. |
| Passenger/Utility vehicles | 2.87% | ₹ 16.85 Cr. |
| Others | 70.73% | - |
Top Stock Holdings of Mirae Asset Equity Savings Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 4.02% | ₹ 23.58 Cr. |
| Reliance Industries Ltd. | 3.84% | ₹ 22.55 Cr. |
| HDFC Bank Ltd. | 3.33% | ₹ 19.52 Cr. |
| Infosys Ltd. | 2.98% | ₹ 17.46 Cr. |
| Larsen & Toubro Ltd. | 2.82% | ₹ 16.53 Cr. |
| Others | 83.01% | - |
Top Debt Instrument Type holdings of Mirae Asset Equity Savings Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 21.04% | ₹ 123.48 Cr. |
| NCD & Bonds | 4.49% | ₹ 26.34 Cr. |
| T-Bills | 3.35% | ₹ 19.67 Cr. |
| Others | 71.12% | - |
Top Debt Holdings of Mirae Asset Equity Savings Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 21.04% | ₹ 123.48 Cr. |
| Bond - T-Bill | 3.35% | ₹ 19.67 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 1.53% | ₹ 8.96 Cr. |
| Bond - Shriram Finance Ltd. | 1.28% | ₹ 7.53 Cr. |
| Bond - IIFL Finance Ltd. | 0.85% | ₹ 5.00 Cr. |
| Others | 71.95% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 28.48% |
| TREPS | 3.02% |