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  • Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A)

Formerly Mirae Asset Equity Savings Reg DP

Mirae Asset Mutual Fund

Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A)

HybridEquity Savings

13.485

NAV (Oct 25)

14.1%
Till Date CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in equity savings mutual funds.

However, Scripbox does not recommend investing in 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 Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.

Relative Size

373 Cr. Medium within the category

Category View

Relatively Poor. The category has a relatively poor investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

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    Historical growth rate of 12% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only

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Historical NAV

13.485

NAV (Oct 25)

Fund Returns

Last 1Y
23.2%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
14.1%
6 Month CAGR
12.3%
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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Moderately High risk

Expense Ratio
1.43
Launched (3y ago)
Dec 17, 2018
AUM in Crores
372.060
ISIN
INF769K01EH7
Lock-in
No Lock-in
Benchmark
NIFTY Equity Savings TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
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Bharti Sawant

Fund Manager

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Harshad Borawake

Fund Manager

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Mahendra Jajoo

Fund Manager

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Vrijesh Kasera

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
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comparison

Comparison with Hybrid Funds

Fund NameScripbox OpinionFund SizeTrack Record

Aditya Birla Sun Life Equity Hybrid 95 Fund (G)

₹ 8,356 cr

5

₹ 18,652 cr

5

₹ 3,398 cr

5

₹ 96 cr

5

₹ 1,957 cr

5

amc-icon

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 95,366 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.

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  • tel-amc-about
    022-67800300
  • mail-amc-about
    customercare@miraeasset.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    Mirae Asset Tax Saver Fund (G)

    recommended-badge

    27.4%

    22%

    recommended-badge

    22%

    16.7%

    top-ranked-badge

    26.6%

    21.6%

    top-ranked-badge

    20.5%

    16.4%

    top-ranked-badge

    20.5%

    16.4%

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Parag Parikh Flexi Cap fund (Growth)

    Parag Parikh Flexi Cap fund (Growth)

    Equity

    Diversified

    Mirae Asset Large Cap Fund (Growth)

    Mirae Asset Large Cap Fund (Growth)

    Equity

    Large Cap

    Axis Bluechip Fund (Growth)

    Axis Bluechip Fund (Growth)

    Equity

    Large Cap

    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

    Diversified

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A)

    About Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A)

    Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A) is a Equity Savings Hybrid fund and has delivered an annualised return of 14.1% over a period of 2 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

    Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A) 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. . However, there is no assurance that the objective of the scheme will be realized.

    Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A) NAV,AUM,Risk

    The Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A) fund was launched on Dec 17, 2018. The NAV (Net Asset Value) of this Equity Savings Hybrid fund as of 2021-10-25 is ₹13.48. The total AUM (Asset Under Management) of the fund as of 26/10/2021 is ₹372.06. The category risk of the Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A) fund is Moderately High risk. The fund charges 1.43 % as expense ratio.

    Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A) Holdings

    The fund’s highest allocation is towards Equity and has invested 39.5% in this asset class. The top three holdings of the fund are , net receivables / (payables) , 5.63% govt stock 2026 , triparty repo , hdfc bank ltd , icici bank ltd , 6.18% govt stock 2024 , tata consultancy services ltd , infosys ltd , 364 dtb 19082022 , future on hdfc life insurance company limited , adani ports & special economic zone ltd , future on adani ports & special economic zone ltd , future on tata consultancy services ltd , reliance industries ltd , future on sun tv network ltd , housing development finance corp ltd , sun tv network ltd , axis bank ltd , sun pharmaceuticals industries ltd , itc ltd , future on icici bank ltd , interglobe aviation ltd , au small finance bank ltd , future on interglobe aviation ltd , muthoot finance limited , future on au small finance bank ltd , wipro ltd , future on wipro ltd , 364 dtb 25082022 , 3.96% govt stock 2022 , bharat forge ltd , state bank of india , future on vedanta ltd , larsen & toubro ltd , jindal steel & power ltd , future on itc ltd , vedanta ltd , bajaj finance ltd , future on bharat forge ltd , maruti suzuki india ltd , future on bajaj finance ltd , future on housing development finance corp ltd , future on jindal steel & power ltd , future on tata power co ltd , sbi life insurance company limited , multi commodity exchange of india ltd , tata power co ltd , ambuja cements ltd , hdfc life insurance company limited , tata steel ltd , future on multi commodity exchange of india ltd , bharti airtel ltd , future on sun pharmaceuticals industries ltd , future on apollo tyres ltd , apollo tyres ltd , future on container corporation of india ltd , container corporation of india ltd , future on deepak nitrite ltd , deepak nitrite ltd , voltas ltd , kotak mahindra bank ltd , gujarat state petronet ltd , quess corp ltd , uti asset management co ltd , clean science and technology ltd , crompton greaves consumer electricals ltd , hindustan unilever ltd , krishna institute of medical sciences ltd , future on petronet lng ltd , petronet lng ltd , vinati organics ltd , torrent pharmaceuticals ltd , havells india ltd , future on coal india ltd , coal india ltd , chemplast sanmar ltd , future on escorts ltd , vijaya diagnostic centre ltd , nuvoco vista corp ltd , tvs motor co ltd , tatva chintan pharma chem ltd , westlife development ltd , escorts ltd , fortis healthcare ltd , greenply industries ltd , craftsman automation ltd , tata motors ltd , reliance industries limited , natco pharma ltd , mphasis ltd , ashok leyland ltd , zomato ltd , srf ltd , prince pipes and fittings ltd ordinary shares , bharat petroleum corp ltd , dabur india ltd , motherson sumi systems ltd , power finance corp ltd , muthoot finance ltd , max financial services ltd , cholamandalam investment and finance co ltd , shriram transport finance co ltd , emami ltd , ceat ltd , future on canara bank , kansai nerolac paints ltd , hindustan petroleum corp ltd , canara bank , dr reddy's laboratories ltd , icici lombard general insurance co ltd , the federal bank ltd , britannia industries ltd , future on indian oil corp ltd , indian oil corp ltd , bharat electronics ltd , gateway distriparks ltd , equitas holding ltd , future on dabur india ltd

    Mirae Asset Equity Savings Fund of Income Distribution cum capital withdrawal (PIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

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