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Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly

Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly

Debt
Low Duration
Low to Moderate Risk
4.68%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹1,106.99
Min. SIP amountNA
Rating2
Fund size₹766.76Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.8%4.7%5.2%6.3%
Category average5.6%4.8%5.7%NA
Rank with in category182016NA
Understand terms

Holdings (40)

NameSectorInstrumentAssets
GOI
SovereignCGL5.9%
Hindustan Petroleum Corporation Ltd.EnergyDebenture4.8%
HDFC Bank Ltd.
FinancialCD4.6%
Shriram Transport Finance Company Ltd.FinancialDebenture3.6%
Tamilnadu State
OthersSDL3.0%
Jamnagar Utilities and Power Pvt. Ltd.Capital GoodsNCD3.0%
Power Finance Corporation Ltd.FinancialDebenture3.0%
Muthoot Finance Ltd.FinancialNCD3.0%
Housing Development Finance Corpn. Ltd.FinancialNCD3.0%
Kotak Mahindra Bank Ltd.
FinancialCD2.9%
See All

Expense ratio, exit load and tax

Expense ratio: 0.93%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Mahendra Kumar Jajoo
Sep 2016 - 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

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
Website
NA
Amc Image
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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FAQs

How to Invest in Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly?

You can easily invest in Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly 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 Savings Fund Regular Savings Plan IDCW Weekly 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 Savings Fund Regular Savings Plan IDCW Weekly as SIP or lumpsum as per your investment objective and risk tolerance

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

The Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly has been there from 05 Mar 2008 and the average annual returns provided by this fund is 2.76% since its inception.

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

The term Expense Ratio used for Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly 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 Savings Fund Regular Savings Plan IDCW Weekly is 0.93% as of 27 Jun 2022...

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

The AUM, short for Assets Under Management of Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly is ₹766.76Cr as of 27 Jun 2022.

How to Redeem Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly?

If you want to sell your Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly 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 Savings Fund Regular Savings Plan IDCW Weekly?

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

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

The NAV of Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly is ₹1,106.99 as of 24 Jun 2022.

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

The PE ratio ratio of Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly 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).

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