Mirae Asset Equity Savings Fund Direct Growth+0.06%

4
7.58%
1 Year Return
Hybrid
Hybrid: Equity Savings
4.0star
6M
1Y
All

Fund Details

Mirae Asset Equity Savings Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.45%
NAV11.64 (22 Sep 2020)
Fund Started10 Dec 2018
Fund Size103 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Equity Savings Fund Direct Growth
7.6%
NA
NA
9.0%
Category Average
6.3%
3.8%
5.8%
-
Rank within category
1
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 7.6% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity6.8%
    Infosys Ltd.TechnologyEquity5.9%
    Muthoot Finance Ltd.FinancialDebenture5.0%
    Bharti Airtel Ltd.CommunicationEquity4.8%
    SBI Life Insurance Company Ltd.FinancialEquity4.6%
    Reliance Industries Ltd.EnergyEquity4.4%
    HDFC Bank Ltd.FinancialEquity3.9%
    Axis Bank Ltd.FinancialEquity3.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity2.8%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.6%
    See All

    Fund Managers

    addMahendra Kumar Jajoo
    Education
    Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
    Experience
    Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
    Funds Managed

    Mirae Asset Equity Savings Fund Direct Growth Details

    Mirae Asset Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 10 Dec 2018. Sudhir Kedia is the Current Fund Manager of Mirae Asset Equity Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹103 Cr and the Latest NAV as of 22 Sep 2020 is ₹11.64.

    The Mirae Asset Equity Savings Fund Direct Growth 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year for units above 15% of the investment.
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    30 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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