Mirae Asset Equity Savings Fund - Growth - Regular Plan

Invest Now

₹19.799 1.56 %Nav, as on 12-05-2025
Previous Nav
₹ 19.494
Net Change on 12-05-2025
₹0.31
PersonalFN Rating
Unrated
Category
Hybrid - Equity Savings
Assets (Cr.)
₹ 1,402.45
Expense Ratio
1.36%
(As on Apr 30, 2025)

Fund Overview Growth | Regular Plan

Fund House
Mirae Asset Mutual Fund
Launch Date
17-Dec-2018
Benchmark
Crisil 10 Yr 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 (₹)
17.85
52 Week Low Nav Date
13-May-2024
52 Week High Nav (₹)
19.70
52 Week High Nav Date
23-Apr-2025

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- Regular Plan- Growth	3.22	1.42	9.42	11.22	14.10	11.00
Crisil 10 Yr 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- Regular Plan- Growth	Dec 17, 2018	9.42	11.22	14.10	1.36	1,402.45
ICICI Prudential Equity Savings Fund - Cumulative option	Dec 05, 2014	9.03	8.52	11.10	0.96	13,046.47
Kotak Equity Savings Fund - Regular - Growth	Oct 13, 2014	6.83	10.98	12.55	1.77	8,189.70
SBI Equity Savings Fund - Regular Plan - Growth	May 27, 2015	7.84	10.87	13.45	1.43	5,443.35
Nippon India Equity Savings Fund- Growth Plan- Growth Option	May 30, 2015	5.96	8.80	10.63	1.75	702.46
UTI Equity Savings Fund - Regular Plan - Growth Option	Aug 30, 2018	7.75	11.36	13.22	1.64	673.92

Fund Holdings as on 30-April-2025

Company % Assets
HDFC Bank Ltd.
4.73
TREPS
4.10
ICICI Bank Ltd.
3.18
Reliance Industries Ltd.
2.41
Axis Bank Ltd.
2.08
6.79% Government of India (MD 07/10/2034)
1.98
Tata Consultancy Services Ltd.
1.97
State Bank of India
1.95
7.32% Government of India (MD 13/11/2030)
1.88
7.18% Government of India (MD 14/08/2033)
1.88
Bharti Airtel Ltd.
1.87
Net Receivables / (Payables)
1.84
7.53% National Bank for Agriculture and Rural Development (MD 24/03/2028)
1.81
7.56% REC Ltd. (MD 31/08/2027)**
1.81
7.77% Power Finance Corporation Ltd. (MD 15/07/2026)**
1.80
5.63% Government of India (MD 12/04/2026)
1.78
Mahindra & Mahindra Ltd.
1.72
Larsen & Toubro Ltd.
1.53
Kotak Mahindra Bank Ltd.
1.50
7.06% Government of India (MD 10/04/2028)
1.46
Infosys Ltd.
1.45
6.54% Government of India (MD 17/01/2032)
1.45
Coal India Ltd.
1.43
NTPC Ltd.
1.34
Ambuja Cements Ltd.
1.25
Sun Pharmaceutical Industries Ltd.
1.21
SBI Life Insurance Co. Ltd.
1.16
Aurobindo Pharma Ltd.
1.15
Tata Power Company Ltd.
1.09
Adani Ports and Special Economic Zone Ltd.
1.09
Hero MotoCorp Ltd.
1.09
7.34% Small Industries Development Bank of India (MD 26/02/2029)
1.08
7.90% Bajaj Finance Ltd. (MD 17/11/2025)**
1.07
Hindustan Aeronautics Ltd.
1.04
7.80% HDFC Bank Ltd. (MD 03/05/2033)**
1.00
Tata Motors Ltd.
0.92
Tata Steel Ltd.
0.86
6.85% Mahanagar Telephone Nigam Ltd. (MD 20/12/2030)**
0.79
DLF Ltd.
0.79
Shriram Finance Ltd.
0.77
7.26% Government of India (MD 22/08/2032)
0.75
7.26% Government of India (MD 06/02/2033)
0.75
Eicher Motors Ltd.
0.75
JSW Energy Ltd.
0.73
7.59% REC Ltd. (MD 31/05/2027)**
0.72
8.65% Muthoot Finance Ltd. (MD 23/03/2026)**
0.72
Interglobe Aviation Ltd.
0.70
Hindustan Unilever Ltd.
0.69
TD Power Systems Ltd.
0.68
Bajaj Finance Ltd.
0.67
Titan Company Ltd.
0.65
7.44% National Bank for Agriculture and Rural Development (MD 24/02/2028)
0.65
ABB India Ltd.
0.65
Bank of Baroda
0.64
Vedanta Ltd.
0.62
Jio Financial Services Ltd.
0.59
Cipla Ltd.
0.58
Oil & Natural Gas Corporation Ltd.
0.58
LIC Housing Finance Ltd.
0.58
Multi Commodity Exchange of India Ltd.
0.56
7.85% Bajaj Housing Finance Ltd. (MD 01/09/2028)**
0.55
Glenmark Pharmaceuticals Ltd.
0.54
ITC Ltd.
0.53
Brigade Enterprises Ltd.
0.53
Eternal Ltd.
0.50
LTIMindtree Ltd.
0.50
TVS Motor Company Ltd.
0.49
Sagility India Ltd.
0.49
Jindal Steel & Power Ltd.
0.48
Mphasis Ltd.
0.48
Havells India Ltd.
0.46
Aditya Birla Capital Ltd.
0.46
Godrej Consumer Products Ltd.
0.46
Onesource Specialty Pharma Ltd.
0.45
Bharat Electronics Ltd.
0.43
International Gemmological Institute India Ltd.
0.42
Atul Ltd.
0.39
7.34% Government of India (MD 22/04/2064)
0.38
Zensar Technologies Ltd.
0.38
Century Plyboards (India) Ltd.
0.38
GAIL (India) Ltd.
0.38
HDFC Asset Management Co. Ltd.
0.36
6.90% Government of India (MD 15/04/2065)
0.36
7.92% Bajaj Housing Finance Ltd. (MD 16/03/2026)**
0.36
Bajaj Finserv Ltd.
0.33
Schaeffler India Ltd.
0.33
Gujarat State Petronet Ltd.
0.32
7.13% Power Finance Corporation Ltd. (MD 15/07/2026)**
0.32
Power Finance Corporation Ltd.
0.32
L&T Finance Ltd.
0.32
Craftsman Automation Ltd.
0.32
Hindalco Industries Ltd.
0.31
Mahanagar Gas Ltd.
0.31
IndusInd Bank Ltd.
0.30
Indus Towers Ltd.
0.29
JSW Steel Ltd.
0.29
Maruti Suzuki India Ltd.
0.28
Varun Beverages Ltd.
0.28
TBO Tek Ltd.
0.28
Arvind Ltd.
0.27
Tech Mahindra Ltd.
0.27
AWL Agri Business Ltd.
0.27
GO Digit General Insurance Ltd.
0.26
Lupin Ltd.
0.25
7.50% National Bank for Agriculture and Rural Development (MD 31/08/2026)
0.25
Krishna Institute of Medical Sciences Ltd.
0.24
Go Fashion (India) Ltd.
0.24
Deepak Nitrite Ltd.
0.23
Grasim Industries Ltd.
0.22
Zydus Lifesciences Ltd.
0.22
Mankind Pharma Ltd.
0.21
Apollo Hospitals Enterprise Ltd.
0.21
Bharat Petroleum Corporation Ltd.
0.20
CARE Ratings Ltd.
0.20
Avenue Supermarts Ltd.
0.19
REC Ltd.
0.18
Delhivery Ltd.
0.18
Sai Life Sciences Ltd.
0.17
HCL Technologies Ltd.
0.17
Greenply Industries Ltd.
0.17
Kfin Technologies Ltd.
0.16
Asian Paints Ltd.
0.16
Syngene International Ltd.
0.16
Tata Communications Ltd.
0.15
ACC Ltd.
0.13
United Spirits Ltd.
0.12
Dabur India Ltd.
0.12
Crompton Greaves Consumer Electricals Ltd.
0.10
Sona Blw Precision Forgings Ltd.
0.08
PI Industries Ltd.
0.08
7.64% National Bank for Agriculture and Rural Development (MD 06/12/2029)
0.07
Prince Pipes and Fittings Ltd.
0.06
Gateway Distriparks Ltd.
0.02

Sector Holding%
Miscellaneous
13.01
Bank - Private
11.79
IT - Software
5.21
Pharmaceuticals & Drugs
4.80
Power Generation/Distribution
3.17
Finance - NBFC
2.81
Refineries
2.62
Bank - Public
2.59
Automobile Two & Three Wheelers
2.33
Telecommunication - Service Provider
2.32
Automobiles - Passenger Cars
2.00
Electric Equipment
1.79
Engineering - Construction
1.53
Defence
1.47
Insurance
1.43
Mining & Minerals
1.43
Cement & Construction Materials
1.38
Construction - Real Estate
1.31
Household & Personal Products
1.28
Steel & Iron Products
1.15
Port
1.09
Business Support
1.07
Metal - Non Ferrous
0.94
Automobiles-Trucks/Lcv
0.92
Airlines
0.70
Diamond & Jewellery
0.65
Gas Transmission/Marketing
0.63
Chemicals
0.62
Finance - Housing
0.58
Oil Exploration
0.58
Finance - Stock Broking
0.56
Wood & Wood Products
0.54
Cigarettes/Tobacco
0.53
Finance Term Lending
0.50
e-Commerce
0.50
Steel/Sponge Iron/Pig Iron
0.48
Hospital & Healthcare Services
0.45
Retailing
0.42
Auto Ancillary
0.40
Industrial Gases & Fuels
0.38
Finance - Asset Management
0.36
Finance - Investment
0.33
Bearings
0.33
Consumer Food
0.28
Travel Services
0.28
Textile
0.27
Edible Oil
0.27
Diversified
0.22
Ratings
0.20
Courier Services
0.18
Depository Services
0.16
Paints
0.16
Breweries & Distilleries
0.12
Consumer Durables - Domestic Appliances
0.10
Pesticides & Agrochemicals
0.08
Plastic Products
0.06
Logistics
0.02

Fund Manager

Mahendra Kumar Jajoo

Education:CA, CS, CFA, B.Com
Experience:19 Years
Basic Details:Mr.Mahendra Kumar Jajoo work From Jan 2010 till date With Pramerica Asset Managers Private Limited as the Head of fixed Income.
Funds Managed:
Mirae Asset Balanced Advantage Fund
Mirae Asset Equity Savings Fund
Mirae Asset Aggressive Hybrid Fund
Mirae Asset Balanced Advantage Fund
Mirae Asset Equity Savings Fund
Mirae Asset Aggressive Hybrid Fund
Mirae Asset Nifty SDL June 2028 Index Fund
Mirae Asset Nifty SDL June 2028 Index Fund

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 Diversified Equity Allocator Passive FOF
Mirae Asset Equity Savings Fund
Mirae Asset Diversified Equity Allocator Passive FOF
Mirae Asset Equity Savings 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

Holding Type Holding %
[ICRA]AA+
0.72
[ICRA]AAA
3.69
BWR AA+(CE)
0.79
Cash
5.94
CRISIL AAA
7.80
Equity
68.33
Sovereign
12.67

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 ₹1,402.45 crore. Mirae Asset Equity Savings Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY 50 Equity Savings Index as secondary index.

The NAV of Mirae Asset Equity Savings Fund ended up ₹0.31(1.56%)yesterday to ₹19.799.

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

The Mirae Asset Equity Savings Fund is managed by Mahendra Kumar Jajoo and Bharti Sawant.

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 - Growth - Regular Plan

Fund Overview Growth | Regular 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 30-April-2025

Fund Manager

About Mirae Asset Equity Savings Fund

Scheme Analysis

Fund House Contact

Financial Health Checkup

Money Simplified Videos

Infographics

Mirae Asset Equity Savings Fund - Growth - Regular Plan

Fund Overview Growth | Regular 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 30-April-2025

Fund Manager

About Mirae Asset Equity Savings Fund

Scheme Analysis

Fund House Contact