| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.45% |
| NAV | ₹11.78 (27 Oct 2020) |
|---|---|
| Fund Started | 17 Dec 2018 |
| Fund Size | ₹111 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.8% |
| Muthoot Finance Ltd. | Financial | Debenture | 4.6% |
| Reliance Industries Ltd. | Energy | Equity | 4.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.9% |
| HDFC Bank Ltd. | Financial | Equity | 3.6% |
| Shriram Transport Finance Co. Ltd. | Financial | Equity | 3.0% |
| ACC Ltd. | Construction | Equity | 2.8% |
| Infosys Ltd. | Technology | Equity | 2.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.7% |
| Axis Bank Ltd. | Financial | Equity | 2.5% |
Mirae Asset Equity Savings Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by . This scheme was made available to investors on 17 Dec 2018. Sudhir Kedia is the Current Fund Manager of Mirae Asset Equity Savings Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹111 Cr and the Latest NAV as of 27 Oct 2020 is ₹11.78.
The Mirae Asset Equity Savings Fund Regular 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.