Fund Details
Mirae Asset Equity Savings Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.38% |
| NAV | ₹13.54 (02 Mar 2021) |
|---|---|
| Fund Started | 17 Dec 2018 |
| Fund Size | ₹169 Cr |
Returns
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| GOI | Sovereign | GOI Sec | 6.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.2% |
| Bharti Airtel Ltd. | Communication | Equity | 4.1% |
| HDFC Bank Ltd. | Financial | Equity | 4.1% |
| Axis Bank Ltd. | Financial | Equity | 3.9% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.4% |
| Reliance Industries Ltd. | Energy | Equity | 3.1% |
| Muthoot Finance Ltd. | Financial | Debenture | 3.1% |
| Tata Steel Ltd. | Metals | Equity | 2.9% |
Fund Managers
Mirae Asset Equity Savings Fund Direct Dividend Details
Mirae Asset Equity Savings Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 17 Dec 2018. Sudhir Kedia is the Current Fund Manager of Mirae Asset Equity Savings Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹169 Cr and the Latest NAV as of 02 Mar 2021 is ₹13.54.
The Mirae Asset Equity Savings Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year for units above 15% of the investment.
Investment Objective
The scheme seeks 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.
