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Mirae Asset Savings Fund Growth
+6.31%
3Y annualised
+0.06% 1D
NAV: 31 Oct '19
₹1,963.07
Min. for SIP
Not Supported
Fund size (AUM)
₹529.07 Cr
Expense ratio
0.84%
Rating
2
Holdings (14)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| AU Small Finance Bank Ltd. | Financial | CD | 4.71% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 4.67% |
| Kotak Mahindra Investments Ltd. | Financial | CP | 4.67% |
| Punjab National Bank | Financial | CD | 4.63% |
| Small Industries Devp. Bank of India Ltd. | Financial | Securitised Debt | 4.59% |
| Bank Of Baroda | Financial | CD | 4.58% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.57% |
| HDB Financial Services Ltd. | Financial | Bonds/NCD | 3.85% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.91% |
| Muthoot Finance Ltd. | Financial | Debenture | 1.87% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 0.97% |
| Aditya Birla Finance Ltd. | Financial | Debenture | 0.66% |
| Reliance Industries Ltd. | Energy | Debenture | 0.47% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 0.47% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +6.3% | +6.6% | +6.7% | +6.0% |
| Category average (Debt Low Duration) | +7.1% | +5.9% | +6.5% | -- |
| Rank (Debt Low Duration) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +6.30% | +7.36% | 21,734.77 | |
 | +6.10% | +7.17% | 2,386.33 | |
 | +5.98% | +7.10% | 4,637.01 | |
 | +5.96% | +6.93% | 1,086.12 | |
 | +11.79% | +4.95% | 549.95 | |
| Compare | ||||
About Mirae Asset Savings Fund Growth
Mirae Asset Savings Fund Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. The fund currently has an Asset Under Management(AUM) of ₹2,34,830 Cr and the Latest NAV as of 31 Oct 2019 is ₹1,963.07.
The Mirae Asset Savings Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to ₹1,000.
;
Investment Objective
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Fund benchmarkNIFTY Low Duration Debt Index A-I
Fund house
Rank (total assets)#13 in India
Total AUM₹2,34,829.73 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,