• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Equity Savings Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Equity Savings Fund (Growth)

HybridEquity Savings
Top Ranked

18.362

NAV (Jun 11)

11.8%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within equity savings mutual funds.

Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments.

These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

Scripbox Recommended Equity Funds
Want the equity funds that are right for your long term equity investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

18.362

NAV (Jun 11)

Fund Returns

Last 1Y
16.9%
Last 3Y
10.1%
Last 5Y
11.7%
Last 10Y
NA
Since Inception
11.7%
6 Month CAGR
7.7%

Scheme Information

Investment 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.

Expense Ratio
1.32
Launched (6y ago)
Dec 18, 2018
AUM in Crores
1088.382
ISIN
INF769K01EI5
Lock-in
No Lock-in
Benchmark
NIFTY Equity Savings TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
5
Standard Deviation (5yr)
8.2
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.821
Sharpe Ratio (5yr)
0.739
YTM
7.12
Fund Managers

Harshad Borawake

Fund Manager

Mahendra Jajoo

Fund Manager

Vrijesh Kasera

Fund Manager

Bharti Sawant

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Equity Savings Fund (Growth)70%9,79,519 2,46,90711.8%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-11

Top Stock Holdings

treps

14.1%
14.1%

hdfc bank ltd

3.7%
3.7%

7.18% govt stock 2033

2.6%
2.6%

state bank of india

2.6%
2.6%

reliance industries ltd

2.6%
2.6%
See all holdings

Allocation by Sector

financial services

19.3%
19.3%

industrials

9%
9%

technology

6.3%
6.3%

basic materials

5.9%
5.9%

energy

5.9%
5.9%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
Edelweiss Balanced Advantage Fund (G)
Edelweiss Balanced Advantage Fund (G)

₹ 11,135 cr

₹ 34,733 cr

₹ 3,337 cr

₹ 9,275 cr

₹ 2,114 cr

amc-img

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 165,656 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 35 equity,48 debt and 9 hybrid funds.amc-img
phone-img022-67800300
Fund NameScripbox Opinion
Till Date CAGR
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

16.8%

19.3%

16%

18.7%

22%

28.1%

10.1%

11.7%

13.9%

21.5%

Mirae Asset Equity Savings Fund (G) Review

Mirae Asset Equity Savings Fund (G) is a Equity Savings Hybrid fund and has delivered an annualised return of 11.7% over a period of 5 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Bharti Sawant, Harshad Borawake, Mahendra Jajoo, Vrijesh Kasera.

Nav of Mirae Asset Equity Savings Fund (G) as of 6/11/2024 is ₹18.36 with the total AUM as of 6/12/2024 is ₹1088.382. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Equity Savings Fund (G) was launched on Dec 18, 2018. The category risk of the fund is Moderately High risk.

The minimum SIP amount for Mirae Asset Equity Savings Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Frequently Asked Questions

What is Mirae Asset Equity Savings Fund (G)?

Mirae Asset Equity Savings Fund (G) is a Equity Savings Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Equity Savings Fund (G)?

You can invest in Mirae Asset Equity Savings Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Equity Savings Fund (G)?

The minimum sip amount for Mirae Asset Equity Savings Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Equity Savings Fund (G) good to invest in?

As per Scripbox experts, Mirae Asset Equity Savings Fund (G) is a Top Ranked fund. You can investMirae Asset Equity Savings Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Equity Savings Fund (G)?

The expense ratio of the Mirae Asset Equity Savings Fund (G) is 1.32% for regular plan.