How to Invest in Mirae Asset Equity Savings Fund Regular IDCW?

You can easily invest in Mirae Asset Equity Savings Fund Regular IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mirae Asset Equity Savings Fund Regular IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mirae Asset Equity Savings Fund Regular IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Equity Savings Fund Regular IDCW provide?

The Mirae Asset Equity Savings Fund Regular IDCW has been there from 17 Dec 2018 and the average annual returns provided by this fund is 10.06% since its inception.

How much expense ratio is charged by Mirae Asset Equity Savings Fund Regular IDCW?

The term Expense Ratio used for Mirae Asset Equity Savings Fund Regular IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mirae Asset Equity Savings Fund Regular IDCW is 1.34% as of 03 Dec 2023...

What is the AUM of Mirae Asset Equity Savings Fund Regular IDCW?

The AUM, short for Assets Under Management of Mirae Asset Equity Savings Fund Regular IDCW is ₹723.98Cr as of 03 Dec 2023.

How to Redeem Mirae Asset Equity Savings Fund Regular IDCW?

If you want to sell your Mirae Asset Equity Savings Fund Regular IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mirae Asset Equity Savings Fund Regular IDCW?

You can select either SIP or Lumpsum investment of Mirae Asset Equity Savings Fund Regular IDCW based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Equity Savings Fund Regular IDCW?

The NAV of Mirae Asset Equity Savings Fund Regular IDCW is ₹13.05 as of 01 Dec 2023.

What is the PE and PB ratio of Mirae Asset Equity Savings Fund Regular IDCW?

The PE ratio ratio of Mirae Asset Equity Savings Fund Regular IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mirae Asset Equity Savings Fund Regular IDCW - NAV, Mutual Fund Performance & Portfolio

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Mirae Asset Equity Savings Fund Regular IDCW
Hybrid
Equity Savings
Moderately High Risk
Payout
11.12%
3Y annualised
+0.19% 1D
1M
6M
1Y
3Y
All
 NAV: 01 Dec 2023₹13.05
Min. SIP amountNot Supported
Rating3
Fund size₹723.98Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Equity Savings
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA10.1%11.1%11.1%
Category averageNA9.6%9.5%NA
Rank with in categoryNA76NA
Understand terms
Holdings (105)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity4.2%
GOI
SovereignGOI Sec3.5%
ICICI Bank Ltd.
FinancialEquity3.4%
GOI
SovereignGOI Sec3.3%
Reliance Industries Ltd.
EnergyEquity2.9%
GOI
SovereignGOI Sec2.7%
GOI
SovereignGOI Sec2.6%
Axis Bank Ltd.
FinancialEquity2.2%
GOI
SovereignGOI Sec2.1%
State Bank of India
FinancialEquity1.8%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
1.34%
23 Nov 2023 - 24 Nov 2023
1.34%
22 Nov 2023 - 23 Nov 2023
1.34%
21 Nov 2023 - 22 Nov 2023
1.34%
20 Nov 2023 - 21 Nov 2023
1.34%
19 Nov 2023 - 20 Nov 2023
1.34%
18 Nov 2023 - 19 Nov 2023
1.34%
17 Nov 2023 - 18 Nov 2023
1.34%
16 Nov 2023 - 17 Nov 2023
1.34%
15 Nov 2023 - 16 Nov 2023
1.34%
14 Nov 2023 - 15 Nov 2023
1.35%
13 Nov 2023 - 14 Nov 2023
1.35%
12 Nov 2023 - 13 Nov 2023
1.35%
11 Nov 2023 - 12 Nov 2023
1.35%
10 Nov 2023 - 11 Nov 2023
1.35%
09 Nov 2023 - 10 Nov 2023
1.35%
08 Nov 2023 - 09 Nov 2023
1.35%
07 Nov 2023 - 08 Nov 2023
1.35%
06 Nov 2023 - 07 Nov 2023
1.35%
05 Nov 2023 - 06 Nov 2023
1.35%
04 Nov 2023 - 05 Nov 2023
1.35%
03 Nov 2023 - 04 Nov 2023
1.35%
02 Nov 2023 - 03 Nov 2023
1.35%
01 Nov 2023 - 02 Nov 2023
1.35%
31 Oct 2023 - 01 Nov 2023
1.36%
30 Oct 2023 - 31 Oct 2023
1.36%
29 Oct 2023 - 30 Oct 2023
1.36%
28 Oct 2023 - 29 Oct 2023
1.36%
27 Oct 2023 - 28 Oct 2023
1.36%
26 Oct 2023 - 27 Oct 2023
1.36%
25 Oct 2023 - 26 Oct 2023
1.36%
24 Oct 2023 - 25 Oct 2023
1.36%
23 Oct 2023 - 24 Oct 2023
1.36%
22 Oct 2023 - 23 Oct 2023
1.36%
21 Oct 2023 - 22 Oct 2023
1.36%
20 Oct 2023 - 21 Oct 2023
1.36%
19 Oct 2023 - 20 Oct 2023
1.36%
18 Oct 2023 - 19 Oct 2023
1.36%
17 Oct 2023 - 18 Oct 2023
1.36%
16 Oct 2023 - 17 Oct 2023
1.37%
15 Oct 2023 - 16 Oct 2023
1.37%
14 Oct 2023 - 15 Oct 2023
1.37%
13 Oct 2023 - 14 Oct 2023
1.37%
12 Oct 2023 - 13 Oct 2023
1.37%
11 Oct 2023 - 12 Oct 2023
1.37%
10 Oct 2023 - 11 Oct 2023
1.37%
09 Oct 2023 - 10 Oct 2023
1.38%
08 Oct 2023 - 09 Oct 2023
1.37%
07 Oct 2023 - 08 Oct 2023
1.37%
06 Oct 2023 - 07 Oct 2023
1.37%
05 Oct 2023 - 06 Oct 2023
1.38%
04 Oct 2023 - 05 Oct 2023
1.38%
03 Oct 2023 - 04 Oct 2023
1.38%
02 Oct 2023 - 03 Oct 2023
1.38%
01 Oct 2023 - 02 Oct 2023
1.38%
30 Sep 2023 - 01 Oct 2023
1.38%
29 Sep 2023 - 30 Sep 2023
1.38%
28 Sep 2023 - 29 Sep 2023
1.38%
27 Sep 2023 - 28 Sep 2023
1.38%
26 Sep 2023 - 27 Sep 2023
1.38%
25 Sep 2023 - 26 Sep 2023
1.38%
24 Sep 2023 - 25 Sep 2023
1.38%
23 Sep 2023 - 24 Sep 2023
1.38%
22 Sep 2023 - 23 Sep 2023
1.38%
21 Sep 2023 - 22 Sep 2023
1.38%
20 Sep 2023 - 21 Sep 2023
1.38%
19 Sep 2023 - 20 Sep 2023
1.38%
18 Sep 2023 - 19 Sep 2023
1.38%
17 Sep 2023 - 18 Sep 2023
1.38%
16 Sep 2023 - 17 Sep 2023
1.38%
15 Sep 2023 - 16 Sep 2023
1.38%
14 Sep 2023 - 15 Sep 2023
1.38%
13 Sep 2023 - 14 Sep 2023
1.38%
12 Sep 2023 - 13 Sep 2023
1.38%
11 Sep 2023 - 12 Sep 2023
1.38%
10 Sep 2023 - 11 Sep 2023
1.38%
09 Sep 2023 - 10 Sep 2023
1.38%
08 Sep 2023 - 09 Sep 2023
1.38%
07 Sep 2023 - 08 Sep 2023
1.38%
06 Sep 2023 - 07 Sep 2023
1.38%
05 Sep 2023 - 06 Sep 2023
1.38%
04 Sep 2023 - 05 Sep 2023
1.38%
03 Sep 2023 - 04 Sep 2023
1.38%
02 Sep 2023 - 03 Sep 2023
1.38%
01 Sep 2023 - 02 Sep 2023
1.38%
31 Aug 2023 - 01 Sep 2023
1.38%
31 Jul 2023 - 31 Aug 2023
1.36%
30 Jun 2023 - 31 Jul 2023
1.41%
31 May 2023 - 30 Jun 2023
1.42%
30 Apr 2023 - 31 May 2023
1.42%
31 Mar 2023 - 30 Apr 2023
1.43%
28 Feb 2023 - 31 Mar 2023
1.43%
31 Jan 2023 - 28 Feb 2023
1.42%
31 Dec 2022 - 31 Jan 2023
1.41%
31 Dec 2022 - 31 Dec 2022
1.41%
31 Dec 2022 - 31 Dec 2022
1.41%
30 Nov 2022 - 31 Dec 2022
1.41%
30 Nov 2022 - 30 Nov 2022
1.41%
30 Nov 2022 - 30 Nov 2022
1.41%
31 Oct 2022 - 30 Nov 2022
1.41%
31 Oct 2022 - 31 Oct 2022
1.41%
31 Oct 2022 - 31 Oct 2022
1.41%
30 Sep 2022 - 31 Oct 2022
1.42%
30 Sep 2022 - 30 Sep 2022
1.42%
30 Sep 2022 - 30 Sep 2022
1.42%
31 Aug 2022 - 30 Sep 2022
1.41%
31 Aug 2022 - 31 Aug 2022
1.41%
31 Jul 2022 - 31 Aug 2022
1.41%
31 Jul 2022 - 31 Jul 2022
1.41%
31 Jul 2022 - 31 Jul 2022
1.41%
30 Jun 2022 - 31 Jul 2022
1.42%
30 Jun 2022 - 30 Jun 2022
1.42%
31 May 2022 - 30 Jun 2022
1.42%
31 May 2022 - 31 May 2022
1.42%
30 Apr 2022 - 31 May 2022
1.43%
30 Apr 2022 - 30 Apr 2022
1.43%
31 Mar 2022 - 30 Apr 2022
1.46%
31 Mar 2022 - 31 Mar 2022
1.46%
28 Feb 2022 - 31 Mar 2022
1.47%
28 Feb 2022 - 28 Feb 2022
1.47%
31 Jan 2022 - 28 Feb 2022
1.45%
31 Dec 2021 - 31 Jan 2022
1.45%
30 Nov 2021 - 31 Dec 2021
1.41%
31 Oct 2021 - 30 Nov 2021
1.43%
30 Sep 2021 - 31 Oct 2021
1.43%
31 Aug 2021 - 30 Sep 2021
1.43%
31 Jul 2021 - 31 Aug 2021
1.42%
30 Jun 2021 - 31 Jul 2021
1.44%
31 May 2021 - 30 Jun 2021
1.44%
30 Apr 2021 - 31 May 2021
1.44%
31 Mar 2021 - 30 Apr 2021
1.44%
28 Feb 2021 - 31 Mar 2021
1.44%
31 Jan 2021 - 28 Feb 2021
1.43%
31 Dec 2020 - 31 Jan 2021
1.45%
30 Nov 2020 - 31 Dec 2020
1.46%
31 Oct 2020 - 30 Nov 2020
1.46%
30 Sep 2020 - 31 Oct 2020
1.52%
31 Aug 2020 - 30 Sep 2020
1.45%
31 Jul 2020 - 31 Aug 2020
1.45%
30 Jun 2020 - 31 Jul 2020
1.43%
31 May 2020 - 30 Jun 2020
1.43%
30 Apr 2020 - 31 May 2020
1.67%
31 Mar 2020 - 30 Apr 2020
1.79%
29 Feb 2020 - 31 Mar 2020
1.73%
31 Jan 2020 - 29 Feb 2020
1.77%
31 Dec 2019 - 31 Jan 2020
1.60%
30 Nov 2019 - 31 Dec 2019
1.60%
31 Oct 2019 - 30 Nov 2019
1.60%
30 Sep 2019 - 31 Oct 2019
1.66%
31 Aug 2019 - 30 Sep 2019
1.72%
31 Jul 2019 - 31 Aug 2019
1.78%
30 Jun 2019 - 31 Jul 2019
1.66%
31 May 2019 - 30 Jun 2019
1.66%
30 Apr 2019 - 31 May 2019
1.66%
31 Mar 2019 - 30 Apr 2019
1.67%
28 Feb 2019 - 31 Mar 2019
1.73%
31 Jan 2019 - 28 Feb 2019
1.82%
31 Dec 2018 - 31 Jan 2019
1.89%
Expense ratio, exit load and taxExpense ratio: 1.34%Inclusive of GST
Exit loadExit load of 1% if redeemed within 1 year for units above 15% of the investment.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementMahendra 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
Mirae Asset Savings Fund Direct Plan Growth
Mirae Asset Cash Management Fund Direct Growth
Mirae Asset Hybrid Equity Fund Direct Growth
Mirae Asset Dynamic Bond Fund Direct Growth
Mirae Asset Short Term Fund Direct Growth
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Fixed Maturity Plan Series III 1122 Days Direct Growth
Mirae Asset Overnight Fund Direct Growth
Mirae Asset Arbitrage Fund Direct Growth
Mirae Asset Banking and PSU Debt Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Corporate Bond Fund Direct Growth
Mirae Asset Money Market Fund Direct Growth
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth
Mirae Asset CRISIL IBX Gilt Index April 2033 Index Fund Direct Growth
Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth
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
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Equity Allocator FoF Direct Growth
Harshad Borawake
Oct 2019 - Present
View details
Education
Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
Also manages these schemes
Mirae Asset Large Cap Fund Direct Growth
Mirae Asset Hybrid Equity Fund Direct Growth
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Banking and Financial Services Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth
Vrijesh Kasera
Oct 2019 - Present
View details
Education
Mr. Kasera is a MBA (Finance), CFA (ICFAI).
Experience
Prior to joining Mirae Asset Mutual Fund, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.
Also manages these schemes
Mirae Asset Hybrid Equity Fund Direct Growth
Mirae Asset Healthcare Fund Direct Growth
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Flexi Cap Fund Direct Growth
Fund house & investment objective
Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM₹1,02,127.67Cr
Date of Incorporation26 Apr 2019
 Mirae Asset Equity Savings Fund Regular IDCW is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 26 Apr 2019. Sudhir Kedia is the Current Fund Manager of Mirae Asset Equity Savings Fund Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹1,02,128 Cr and the Latest NAV as of 01 Dec 2023 is ₹13.05.
The Mirae Asset Equity Savings Fund Regular IDCW is rated Moderately High risk. Minimum SIP Investment is set to ₹1,000. Exit load of 1% if redeemed within 1 year for units above 15% of the investment.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY Equity Savings Total Return Index
Scheme Information Document(SID)
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
E-mail
[email protected]
Website
www.miraeassetmf.co.in
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Mirae Asset Equity Savings Fund Regular IDCW
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	10.1%	11.1%	11.1%
Category average	NA	9.6%	9.5%	NA
Rank with in category	NA	7	6	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	4.2%
GOI	Sovereign	GOI Sec	3.5%
ICICI Bank Ltd.	Financial	Equity	3.4%
GOI	Sovereign	GOI Sec	3.3%
Reliance Industries Ltd.	Energy	Equity	2.9%
GOI	Sovereign	GOI Sec	2.7%
GOI	Sovereign	GOI Sec	2.6%
Axis Bank Ltd.	Financial	Equity	2.2%
GOI	Sovereign	GOI Sec	2.1%
State Bank of India	Financial	Equity	1.8%

Rank (total assets)	#13 in India
Total AUM	₹1,02,127.67Cr

Date of Incorporation	26 Apr 2019

Fund benchmark	NIFTY Equity Savings Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	3
Fund size	₹723.98Cr

Mirae Asset Equity Savings Fund Regular IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (105)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.34%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Mahendra Kumar JajooNov 2018 - PresentView details

Bharti SawantDec 2020 - PresentView details

Harshad BorawakeOct 2019 - PresentView details

Vrijesh KaseraOct 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Mahendra Kumar Jajoo
Nov 2018 - Present
View details

Bharti Sawant
Dec 2020 - Present
View details

Harshad Borawake
Oct 2019 - Present
View details

Vrijesh Kasera
Oct 2019 - Present
View details