Mirae Asset Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderately High Risk
13.98%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
All
NAV: 26 Sep 2023₹17.27
Min. SIP amount₹1,000
Rating4
Fund size₹690.23Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA12.8%14.0%12.1%
Category averageNA9.9%11.2%NA
Rank with in categoryNA76NA
Understand terms

Holdings (98)

NameSectorInstrumentAssets
SovereignGOI Sec3.6%
FinancialEquity3.5%
SovereignGOI Sec3.5%
FinancialEquity3.5%
SovereignGOI Sec2.9%
SovereignGOI Sec2.8%
TechnologyEquity2.8%
ConstructionEquity2.4%
FinancialEquity2.3%
EnergyEquity2.3%
See All

Expense ratio, exit load and tax

Expense ratio: 0.42%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year for units above 15% of the investment.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Mahendra Kumar Jajoo
Nov 2018 - Present
View details

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.
Also manages these schemes

Bharti Sawant
Dec 2020 - Present
View details

Education
Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com.
Experience
Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
26 Apr 2019
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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