|Min SIP Amount||₹1000|
|NAV||₹11.64 (22 Sep 2020)|
|Fund Started||10 Dec 2018|
|Fund Size||₹103 Cr|
|ICICI Bank Ltd.||Financial||Equity||6.8%|
|Muthoot Finance Ltd.||Financial||Debenture||5.0%|
|Bharti Airtel Ltd.||Communication||Equity||4.8%|
|SBI Life Insurance Company Ltd.||Financial||Equity||4.6%|
|Reliance Industries Ltd.||Energy||Equity||4.4%|
|HDFC Bank Ltd.||Financial||Equity||3.9%|
|Axis Bank Ltd.||Financial||Equity||3.0%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||2.8%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||2.6%|
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.
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.