Mirae Asset Equity Savings Fund - IDCW - Direct Plan

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₹12.999 0.69 %Nav, as on 24-03-2026
Previous Nav
₹ 12.91
Net Change on 24-03-2026
₹0.09
PersonalFN Rating
Unrated
Category
Hybrid - Equity Savings
Assets (Cr.)
₹ 1,901.43
Expense Ratio
0.36%
(As on Feb 28, 2026)

Fund Overview IDCW | Direct Plan

Fund House
Mirae Asset Mutual Fund
Launch Date
17-Dec-2018
Benchmark
CRISIL 10 Year Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
1% on or before 90D, Nil after 90D
Minimum SIP Investment (₹)
99
Minimum STP Investment (₹)
1,000
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
20.07
52 Week Low Nav Date
07-Apr-2025
52 Week High Nav (₹)
22.71
52 Week High Nav Date
18-Feb-2026

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 Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Mirae Asset Equity Savings Fund Direct IDCW	-4.86	-3.88	5.29	11.50	9.87	11.16
CRISIL 10 Year Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY 50 Equity Savings Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Mirae Asset Equity Savings Fund Direct IDCW	Dec 17, 2018	5.29	11.50	9.87	0.36	1,901.43
ICICI Prudential Equity Savings Fund - Direct Plan - Quarterly IDCW	Dec 05, 2014	4.57	8.22	7.89	0.50	18,027.21
Kotak Equity Savings Fund - Direct - Monthly Payout of Income Distribution cum capital withdrawal option	Oct 13, 2014	5.61	11.20	10.27	0.69	9,853.13
HDFC Equity Savings Fund - IDCW Option - Direct Plan	Jan 01, 2013	4.31	10.23	9.72	0.94	5,901.18
SBI Equity Savings Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	May 27, 2015	5.91	11.31	9.16	0.94	5,731.16
SBI Equity Savings Fund - Direct Plan - Quarterly Income Distribution cum Capital Withdrawal Option (IDCW)	May 27, 2015	5.91	11.29	9.15	0.94	5,731.16

Fund Holdings as on 28-February-2026

Company % Assets
HDFC Bank Ltd.
4.79
ICICI Bank Ltd.
2.82
7.88% Muthoot Finance Ltd. (MD 22/11/2028)**
2.63
TREPS
2.47
State Bank of India
2.41
Bharti Airtel Ltd.
2.16
7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028)**
2.10
Net Receivables / (Payables)
2.00
Axis Bank Ltd.
1.91
Reliance Industries Ltd.
1.90
Larsen & Toubro Ltd.
1.88
Infosys Ltd.
1.58
Tata Steel Ltd.
1.48
Mahindra & Mahindra Ltd.
1.44
6.79% Government of India (MD 07/10/2034)
1.43
7.32% Government of India (MD 13/11/2030)
1.37
7.18% Government of India (MD 14/08/2033)
1.36
8.95% Bharti Telecom Ltd. (MD 04/12/2026)**
1.33
7.45% Power Finance Corporation Ltd. (MD 15/07/2028)
1.33
8.75% Piramal Finance Ltd. (MD 29/10/2027)**
1.32
5.63% Government of India (MD 12/04/2026)
1.32
6.95% REC Ltd. (MD 18/02/2028)**
1.31
7.45% ICICI Securities Ltd. (MD 24/11/2028)**
1.31
6.74% Small Industries Development Bank of India (MD 10/01/2029)**
1.30
7.15% State Government of Haryana (MD 30/07/2040)
1.26
Kotak Mahindra Bank Ltd.
1.19
Vedanta Ltd.
1.19
Tata Consultancy Services Ltd.
1.17
NTPC Ltd.
1.17
SBI Life Insurance Co. Ltd.
1.12
7.06% Government of India (MD 10/04/2028)
1.08
Eternal Ltd.
1.06
6.54% Government of India (MD 17/01/2032)
1.06
6.96% Mindspace Business Parks Reit (MD 08/12/2028)**
1.05
Adani Ports and Special Economic Zone Ltd.
0.95
Maruti Suzuki India Ltd.
0.91
Bajaj Finance Ltd.
0.91
Titan Company Ltd.
0.87
Sun Pharmaceutical Industries Ltd.
0.86
Ambuja Cements Ltd.
0.86
ITC Ltd.
0.83
IndusInd Bank Ltd.
0.81
Glenmark Pharmaceuticals Ltd.
0.80
7.49% Small Industries Development Bank of India (MD 11/06/2029)**
0.80
Tata Power Company Ltd.
0.79
Shriram Finance Ltd.
0.77
Aurobindo Pharma Ltd.
0.69
Hindustan Aeronautics Ltd.
0.67
JSW Energy Ltd.
0.65
Sona Blw Precision Forgings Ltd.
0.65
7.78% HDFC Bank Ltd. (MD 13/04/2027)**
0.64
ABB India Ltd.
0.63
HDFC Life Insurance Company Ltd.
0.62
LG Electronics India Ltd.
0.61
Varun Beverages Ltd.
0.60
Aditya Birla Capital Ltd.
0.60
Hindalco Industries Ltd.
0.55
Kfin Technologies Ltd.
0.55
7.26% Government of India (MD 06/02/2033)
0.55
7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029)**
0.53
TVS Motor Company Ltd.
0.52
Delhivery Ltd.
0.52
DLF Ltd.
0.52
Eicher Motors Ltd.
0.52
Bank of Baroda
0.51
Tata Motors Passenger Vehicles Ltd.
0.50
Laurus Labs Ltd.
0.50
Jindal Steel Ltd.
0.49
Hero MotoCorp Ltd.
0.48
Avenue Supermarts Ltd.
0.46
Oil & Natural Gas Corporation Ltd.
0.46
Jio Financial Services Ltd.
0.43
Indus Towers Ltd.
0.42
TD Power Systems Ltd.
0.42
Bharat Heavy Electricals Ltd.
0.41
7.85% Bajaj Housing Finance Ltd. (MD 01/09/2028)**
0.40
The Federal Bank Ltd.
0.39
Sagility Ltd.
0.38
Craftsman Automation Ltd.
0.38
Schaeffler India Ltd.
0.37
Interglobe Aviation Ltd.
0.37
Multi Commodity Exchange of India Ltd.
0.37
Bharat Electronics Ltd.
0.37
Trent Ltd.
0.36
Coal India Ltd.
0.35
Godrej Consumer Products Ltd.
0.35
Tech Mahindra Ltd.
0.35
Cipla Ltd.
0.35
Ultratech Cement Ltd.
0.33
Century Plyboards (India) Ltd.
0.33
Mphasis Ltd.
0.33
7.26% Government of India (MD 22/08/2032)
0.33
National Aluminium Company Ltd.
0.32
Divi's Laboratories Ltd.
0.32
Polycab India Ltd.
0.32
Onesource Specialty Pharma Ltd.
0.31
Vishal Mega Mart Ltd.
0.30
International Gemmological Inst.(I) Ltd.
0.29
Krishna Institute of Medical Sciences Ltd.
0.29
Power Finance Corporation Ltd.
0.28
IDFC First Bank Ltd.
0.28
BlackBuck Ltd.
0.28
Biocon Ltd.
0.27
Brigade Enterprises Ltd.
0.27
JB Chemicals & Pharmaceuticals Ltd.
0.27
7.44% National Bank for Agriculture and Rural Development (MD 24/02/2028)**
0.26
Atul Ltd.
0.26
7.34% Government of India (MD 22/04/2064)
0.26
JSW Steel Ltd.
0.26
GAIL (India) Ltd.
0.25
Bajaj Finserv Ltd.
0.25
Housing and Urban Development Corporation Ltd.
0.25
L&T Finance Ltd.
0.25
6.90% Government of India (MD 15/04/2065)
0.25
7.70% National Bank for Agriculture and Rural Development (MD 30/09/2027)**
0.24
LIC Housing Finance Ltd.
0.24
Nestle India Ltd.
0.23
Campus Activewear Ltd.
0.23
GO Digit General Insurance Ltd.
0.23
Gujarat State Petronet Ltd.
0.22
Bharat Petroleum Corporation Ltd.
0.22
Sai Life Sciences Ltd.
0.21
7.01% National Bank for Agriculture and Rural Development (MD 16/03/2029)**
0.21
Mahanagar Gas Ltd.
0.21
HDFC Asset Management Co. Ltd.
0.20
Neogen Chemicals Ltd.
0.19
CARE Ratings Ltd.
0.19
Bharat Forge Ltd.
0.18
Prince Pipes and Fittings Ltd.
0.18
Zensar Technologies Ltd.
0.18
Leela Palaces Hotels & Resorts Ltd.
0.17
Zydus Lifesciences Ltd.
0.17
LTIMindtree Ltd.
0.16
Dalmia Bharat Ltd.
0.16
AU Small Finance Bank Ltd.
0.16
Deepak Nitrite Ltd.
0.14
Swiggy Ltd.
0.13
Asian Paints Ltd.
0.13
Hindustan Unilever Ltd.
0.12
Indian Oil Corporation Ltd.
0.10
Dabur India Ltd.
0.10
Greenply Industries Ltd.
0.09
Punjab National Bank
0.09
Fortis Healthcare Ltd.
0.09
Crompton Greaves Consumer Electricals Ltd.
0.08
United Spirits Ltd.
0.08
UPL Ltd.
0.08
BSE Ltd.
0.07
Colgate Palmolive (India) Ltd.
0.06
7.64% National Bank for Agriculture and Rural Development (MD 06/12/2029)**
0.05
Muthoot Finance Ltd.
0.05
Indian Bank
0.02
Max Healthcare Institute Ltd.
0.01
6% TVS Motor Company Ltd. NCRPS (MD 01/09/2026) A** $$
0.01

Sector Holding%
Miscellaneous
16.80
Bank - Private
12.35
Pharmaceuticals & Drugs
4.74
IT - Software
3.77
Bank - Public
3.03
Finance - NBFC
3.01
Automobiles - Passenger Cars
2.85
Power Generation/Distribution
2.61
Telecommunication - Service Provider
2.58
Refineries
2.21
Insurance
1.97
Engineering - Construction
1.88
Metal - Non Ferrous
1.74
Steel & Iron Products
1.74
Automobile Two & Three Wheelers
1.52
Cement & Construction Materials
1.35
e-Commerce
1.20
Retailing
1.13
Electric Equipment
1.05
Defence
1.03
Auto Ancillary
1.03
Port
0.95
Diamond & Jewellery
0.87
Consumer Food
0.83
Cigarettes/Tobacco
0.83
Logistics
0.80
Construction - Real Estate
0.79
Consumer Durables - Domestic Appliances
0.69
Business Support
0.68
Gas Transmission/Marketing
0.68
Household & Personal Products
0.63
Chemicals
0.59
Depository Services
0.55
Finance - Housing
0.49
Steel/Sponge Iron/Pig Iron
0.49
Oil Exploration
0.46
Wood & Wood Products
0.42
Engineering - Industrial Equipments
0.41
Hospital & Healthcare Services
0.39
Finance - Stock Broking
0.37
Airlines
0.37
Bearings
0.37
Mining & Minerals
0.35
Aluminium & Aluminium Products
0.32
Cable
0.32
Finance Term Lending
0.28
Finance - Investment
0.25
Footwear
0.23
Finance - Asset Management
0.20
Ratings
0.19
Plastic Products
0.18
Forgings
0.18
Hotel, Resort & Restaurants
0.17
Paints
0.13
Pesticides & Agrochemicals
0.08
Breweries & Distilleries
0.08
Finance - Others
0.07

Fund Manager

Bharti Sawant

Education:M.S. Finance (ICFAI Hyderabad), CFA, B.Com
Experience:6
Basic Details:Ms. Sawant has professional experience of more than 6 years and his primary responsibility includes Investment Analysis & Fund Management. She has been associated with the AMC as an Investment Analyst since September 3, 2013. She was previously associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd., Kabu Shares & Stocking Pvt. Ltd. for Financial Analysis and Research.
Funds Managed:
Mirae Asset Equity Savings Fund
Mirae Asset Infrastructure Fund
Mirae Asset Equity Savings Fund
Mirae Asset Infrastructure Fund

Harshad Borawake

Vrijesh Kasera

Education:MBA (Finance),CFA (ICFAI)
Experience:10
Basic Details:Mr. Kasera has professional experience of more than 9 years and 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.
Funds Managed:
Mirae Asset Equity Savings Fund
Mirae Asset Healthcare Fund
Mirae Asset Aggressive Hybrid Fund
Mirae Asset Equity Savings Fund
Mirae Asset Healthcare Fund
Mirae Asset Aggressive Hybrid Fund

Basant Bafna

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
29/01/2026
11.65
26/03/2025
11.50
07/08/2024
2.70
26/03/2024
11.50
15/02/2023
11.00
23/03/2022
10.50
24/03/2021
10.50

Holding Type Holding %
[ICRA]AA
1.32
[ICRA]AA+
2.63
[ICRA]AAA
1.34
CARE A1+
0.01
Cash
4.47
CRISIL AA+
2.63
CRISIL AAA
8.89
Equity
68.48
Sovereign
10.27

About Mirae Asset Equity Savings Fund

Scheme Analysis

Mirae Asset Equity Savings Fund is a Hybrid - Equity Savings fund and belongs to Mirae Asset Mutual Fund. It was launched on 17-Dec-2018 and currently has an AUM of ₹1,901.43 crore. Mirae Asset Equity Savings Fund is benchmarked against CRISIL 10 Year Gilt Index as primary index and NIFTY 50 Equity Savings Index as secondary index.

The NAV of Mirae Asset Equity Savings Fund ended up ₹0.09(0.69%)yesterday to ₹12.999.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., and

The Mirae Asset Equity Savings Fund is managed by Bharti Sawant and Harshad Borawake.

Fund House Contact

Address:

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

Phone Number: 022-67800300

Email Address: miraeasset@miraeassetmf.co.in

Fax Number: 022-67253940

Website: www.miraeassetmf.co.in

Money Simplified Videos

Infographics

Mirae Asset Equity Savings Fund - IDCW - Direct Plan

Fund Overview IDCW | Direct Plan

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 Performance

Peer Fund Comparison

Fund Holdings as on 28-February-2026

Fund Manager

Most Recent Dividend

About Mirae Asset Equity Savings Fund

Scheme Analysis

Fund House Contact

Financial Health Checkup

Money Simplified Videos

Infographics

Mirae Asset Equity Savings Fund - IDCW - Direct Plan

Fund Overview IDCW | Direct Plan

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 Performance

Peer Fund Comparison

Fund Holdings as on 28-February-2026

Fund Manager

Most Recent Dividend

About Mirae Asset Equity Savings Fund

Scheme Analysis

Fund House Contact