Fund Details
Mirae Asset Equity Savings Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.43% |
| NAV | ₹12.56 (02 Dec 2020) |
|---|---|
| Fund Started | 17 Dec 2018 |
| Fund Size | ₹119 Cr |
Returns
as per Historical Returns
Comparison
Found nothing so far.
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 6.0% |
| Muthoot Finance Ltd. | Financial | Debenture | 4.4% |
| Reliance Industries Ltd. | Energy | Equity | 3.9% |
| HDFC Bank Ltd. | Financial | Equity | 3.8% |
| Infosys Ltd. | Technology | Equity | 3.3% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.6% |
| Jubilant FoodWorks Ltd. | Services | Equity | 2.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.2% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.0% |
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 . 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 ₹119 Cr and the Latest NAV as of 02 Dec 2020 is ₹12.56.
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.
