• 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

14.865

NAV (Mar 21)

NA
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

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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

14.865

NAV (Mar 21)

Fund Returns

Last 1Y

2.2%

Last 3Y

14.7%

Last 5Y

NA

Last 10Y

NA

Since Inception

9.6%

6 Month CAGR

-1.2%

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

1.43

Launched (5y ago)

Dec 18, 2018

AUM in Crores

573.403

ISIN

INF769K01EI5

Lock-in

No Lock-in

Benchmark

NIFTY Equity Savings TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

10.1

Standard Deviation (5yr)

0

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.658

Sharpe Ratio (5yr)

0

YTM

7.55

Fund Managers

Harshad Borawake

Fund Manager

Mahendra Jajoo

Fund Manager

Vrijesh Kasera

Fund Manager

Bharti Sawant

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Equity Savings Fund (Growth)70%NaN NaN%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2023-03-21

Top Stock Holdings

net receivables / (payables)

29.6%
29.6%

treps

7.9%
7.9%

5.63 4/12/2026 12:00:00 am

4.2%
4.2%

reliance industries ltd

3.7%
3.7%

hdfc bank ltd

3.6%
3.6%
See all holdings

Allocation by Sector

financial services

24.6%
24.6%

basic materials

7.5%
7.5%

consumer cyclical

7%
7%

healthcare

5.5%
5.5%

industrials

5%
5%
See all sectors

Compare Mirae Asset Equity Savings Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Equity & Debt Fund (G)
ICICI Prudential Equity & Debt Fund (G)

₹ 21,232 cr

₹ 1,013 cr

₹ 634 cr

₹ 2,705 cr

₹ 415 cr

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 113,328 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,42 debt and 6 hybrid funds.

amc-img

  • 022-67800300
  • customercare@miraeasset.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    Mirae Asset Tax Saver Fund (G)
    Mirae Asset Tax Saver Fund (G)

    28.2%

    16.2%

    27.4%

    15.7%

    14.7%

    9.6%

    23.2%

    15.1%

    27.7%

    19%

    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 9.6% over a period of 4 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 3/21/2023 is ₹14.87 with the total AUM as of 3/22/2023 is ₹573.403. 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 1.43% for regular plan.