Mirae Asset Equity Savings Fund - Growth - Direct Plan

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  • Net Change on 14-10-2019

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  • Assets (Cr.)

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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
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 Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
HDFC Equity Savings Fund -Direct Plan - Growth Option Jan 01, 2013 Unrated 5.92 7.96 8.90 1.19 4,909.64
Kotak Equity Savings Fund - Direct - Growth Oct 13, 2014 Unrated 7.88 7.96 8.42 1.29 1,949.79
Edelweiss Equity Savings Fund - Direct Plan - Growth Option Oct 13, 2014 8.19 8.08 7.93 0.73 118.82
IDFC Equity Savings Fund-Direct Plan-Growth Jan 01, 2013 Unrated 5.86 4.89 6.05 1.29 74.73
PGIM India Equity Savings Fund - Direct Plan - Growth Jan 01, 2013 Unrated 9.07 7.34 9.92 0.28 34.05

Fund Holdings as on 31-August-2019

  • Tri Party Repo

  • Net Receivables / (Payables)

  • 7.781531831% HDFC Bank Limited (09/01/2020)

  • Reliance Industries Limited

  • Infosys Limited

  • Housing Development Finance Corporation Limited

  • ITC Limited

  • HDFC Bank Limited

  • The Federal Bank Limited

  • ICICI Bank Limited

  • Multi Commodity Exchange of India Limited

  • Axis Bank Limited

  • Berger Paints (I) Limited

  • Larsen & Toubro Limited

  • Grasim Industries Limited

  • Vedanta Limited

  • Tata Motors Ltd DVR Shares

  • Tata Consultancy Services Limited

  • Max Financial Services Limited

  • Coal India Limited

  • Torrent Pharmaceuticals Limited

  • State Bank of India

  • JSW Steel Limited

  • IndusInd Bank Limited

  • Maruti Suzuki India Limited

  • Page Industries Limited

  • Tata Steel Limited

  • MindTree Limited

  • Dabur India Limited

  • Sun Pharmaceutical Industries Limited

  • Gujarat State Petronet Limited

  • Kotak Mahindra Bank Limited

  • Tata Global Beverages Limited

  • Divi's Laboratories Limited

  • Hindalco Industries Limited

  • Neogen Chemicals Ltd

  • HDFC Life Insurance Company Limited

  • Balkrishna Industries Limited

  • CEAT Limited

  • Aditya Birla Fashion and Retail Limited

  • Cipla Limited

  • Dr. Lal Path Labs Limited

  • Eicher Motors Limited

  • Exide Industries Limited

  • NTPC Limited

  • Colgate Palmolive (India) Limited

  • Hindustan Petroleum Corporation Limited

  • Bharat Electronics Limited

  • Emami Limited

  • Zee Entertainment Enterprises Limited

  • Mahindra & Mahindra Limited

  • Hindustan Unilever Limited

  • Petronet LNG Limited

  • Ajanta Pharma Limited

  • Bharti Airtel Limited

  • Indian Oil Corporation Limited

  • Aurobindo Pharma Limited

  • Tata Motors Limited

  • Cipla Limited

  • Coal India Limited

  • Axis Bank Limited

  • JSW Steel Limited

  • Grasim Industries Limited

  • Berger Paints (I) Limited

  • Tata Motors Limited

  • Vedanta Limited

  • Multi Commodity Exchange of India Limited

  • ITC Limited

  • The Federal Bank Limited

  • Housing Development Finance Corporation Limited

  • Infosys Limited

  • Reliance Industries Limited

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Refineries

  • Finance - Housing

  • Cigarettes/Tobacco

  • Pharmaceuticals & Drugs

  • Finance - Stock Broking

  • Steel & Iron Products

  • Metal - Non Ferrous

  • Household & Personal Products

  • Paints

  • Engineering - Construction

  • Diversified

  • Automobiles - Passenger Cars

  • Finance - Others

  • Mining & Minerals

  • Bank - Public

  • Tyres & Allied

  • Textile

  • Gas Transmission/Marketing

  • Tea/Coffee

  • Chemicals

  • Insurance

  • Retailing

  • Automobile Two & Three Wheelers

  • Batteries

  • Hospital & Healthcare Services

  • Power Generation/Distribution

  • Engineering - Industrial Equipments

  • TV Broadcasting & Software Production

  • Industrial Gases & Fuels

  • Telecommunication - Service Provider

  • Automobiles-Trucks/Lcv

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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 ₹56.85 crore. Mirae Asset Equity Savings Fund is benchmarked against NIFTY 50 Equity Savings Index as primary index.

The NAV of Mirae Asset Equity Savings Fund ended up ₹0.04(0.36%)yesterday to ₹10.72.

Among its top 3 holdings the fund has exposure to Tri Party Repo, Net Receivables / (Payables) and 7.781531831% HDFC Bank Limited (09/01/2020)

The Mirae Asset Equity Savings Fund is managed by Mahendra Kumar Jajoo and Harshad Borawake.

Fund House Contact

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

022-67800300
022-67253942

Fund Manager

  • 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
  • Cash

  • Deposits

  • Derivatives

  • Equity

  • Rights

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