- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Equity Savings Fund (PIDCW-A)
Formerly Mirae Asset Equity Savings Reg DP
Mirae Asset Equity Savings Fund (PIDCW-A)
₹ 12.679
NAV (Apr 22)
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
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.679
NAV (Apr 22)
Fund Returns
Last 1Y | 17% |
Last 3Y | 10.2% |
Last 5Y | 10.9% |
Last 10Y | NA |
Since Inception | 10.8% |
6 Month CAGR | 7.9% |
Scheme Information
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 | 1.26 |
Launched (6y ago) | Dec 17, 2018 |
AUM in Crores | 930.112 |
ISIN | INF769K01EH7 |
Lock-in | No Lock-in |
Benchmark | NIFTY Equity Savings TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 5.3 |
Standard Deviation (5yr) | 8.3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.773 |
Sharpe Ratio (5yr) | 0.66 |
YTM | 1.82 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Equity Savings Fund (PIDCW-A) | 9,57,191 | 2,24,579 | 10.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
treps
11.2%hdfc bank ltd
3.9%7.18% govt stock 2033
2.9%reliance industries ltd
2.9%7.38% govt stock 2027
2.7%Allocation by Sector
financial services
18.9%industrials
9%consumer cyclical
7.4%technology
7.2%energy
6%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 10,737 cr | ||
₹ 33,502 cr | ||
₹ 8,943 cr | ||
₹ 3,417 cr | ||
₹ 1,868 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
18.8% | 18.8% | ||
18% | 18.2% | ||
24.7% | 26.9% | ||
14.8% | 21% | ||
10.9% | 11.4% |
Mirae Asset Equity Savings Fund (PIDCW-A) Review
Mirae Asset Equity Savings Fund (PIDCW-A) is a Equity Savings Hybrid fund and has delivered an annualised return of 10.8% over a period of 5 years. The fund was previously known as Mirae Asset Equity Savings Reg DP. 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 (PIDCW-A) as of 4/22/2024 is ₹12.68 with the total AUM as of 4/23/2024 is ₹930.112. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Equity Savings Fund (PIDCW-A) was launched on Dec 17, 2018. The category risk of the fund is Moderately High risk.
The minimum SIP amount for Mirae Asset Equity Savings Fund (PIDCW-A) 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 (PIDCW-A)?
How to invest in Mirae Asset Equity Savings Fund (PIDCW-A)?
You can invest in Mirae Asset Equity Savings Fund (PIDCW-A) 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 (PIDCW-A)?
The minimum sip amount for Mirae Asset Equity Savings Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Equity Savings Fund (PIDCW-A) good to invest in?
As per Scripbox experts, Mirae Asset Equity Savings Fund (PIDCW-A) is a Top Ranked fund. You can investMirae Asset Equity Savings Fund (PIDCW-A) 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 (PIDCW-A)?
The expense ratio of the Mirae Asset Equity Savings Fund (PIDCW-A) is 1.26% for regular plan.