Fund Details
Mirae Asset Equity Savings Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.43% |
| NAV | ₹12.45 (25 Nov 2020) |
|---|---|
| Fund Started | 10 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 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 ₹119 Cr and the Latest NAV as of 25 Nov 2020 is ₹12.45.
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.
