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Fund Overview

Fund Size

Fund Size

₹930 Cr

Expense Ratio

Expense Ratio

1.26%

ISIN

ISIN

INF769K01EI5

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

18 Dec 2018

About this fund

Mirae Asset Equity Savings Fund Regular Growth is a Equity Savings mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 5 years, 4 months and 2 days, having been launched on 18-Dec-18.
As of 19-Apr-24, it has a Net Asset Value (NAV) of ₹17.78, Assets Under Management (AUM) of 930.11 Crores, and an expense ratio of 1.26%.
  • Mirae Asset Equity Savings Fund Regular Growth has given a CAGR return of 11.32% since inception.
  • The fund's asset allocation comprises around 68.42% in equities, 18.78% in debts, and 12.80% in cash & cash equivalents.
  • You can start investing in Mirae Asset Equity Savings Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+17.41%

+15.26%(Cat. Avg.)

3 Years

+10.90%

+9.53%(Cat. Avg.)

5 Years

+11.34%

+8.80%(Cat. Avg.)

Since Inception

+11.32%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity636.38 Cr68.42%
Debt174.68 Cr18.78%
Others119.05 Cr12.80%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement104.34 Cr11.22%
HDFC Bank LtdEquity36.32 Cr3.90%
7.18% Govt Stock 2033Bond - Gov't/Treasury27.23 Cr2.93%
Reliance Industries LtdEquity27.05 Cr2.91%
7.38% Govt Stock 2027Bond - Gov't/Treasury25.23 Cr2.71%
State Bank of IndiaEquity25.14 Cr2.70%
5.63% Govt Stock 2026Bond - Gov't/Treasury24.35 Cr2.62%
ICICI Bank LtdEquity22.23 Cr2.39%
Infosys LtdEquity21.34 Cr2.29%
7.06% Govt Stock 2028Bond - Gov't/Treasury20 Cr2.15%
Larsen & Toubro LtdEquity19.42 Cr2.09%
6.54% Govt Stock 2032Bond - Gov't/Treasury19.36 Cr2.08%
Tata Consultancy Services LtdEquity15.98 Cr1.72%
Tata Steel LtdEquity15.96 Cr1.72%
Sun Pharmaceuticals Industries LtdEquity15.35 Cr1.65%
Axis Bank LtdEquity15.23 Cr1.64%
Power Finance Corporation LimitedBond - Corporate Bond14.96 Cr1.61%
Coal India LtdEquity14.94 Cr1.61%
Ambuja Cements LtdEquity14.83 Cr1.59%
ITC LtdEquity14.11 Cr1.52%
Mahindra & Mahindra LtdEquity13.11 Cr1.41%
Aurobindo Pharma LtdEquity13 Cr1.40%
Bharti Airtel LtdEquity12.44 Cr1.34%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond11.01 Cr1.18%
Hindustan Aeronautics Ltd Ordinary SharesEquity10.78 Cr1.16%
7.26% Govt Stock 2033Bond - Gov't/Treasury10.11 Cr1.09%
7.26% Govt Stock 2032Bond - Gov't/Treasury10.11 Cr1.09%
SBI Life Insurance Company LimitedEquity9.88 Cr1.06%
Titan Co LtdEquity9.77 Cr1.05%
NTPC LtdEquity9.37 Cr1.01%
Jindal Steel & Power LtdEquity9.21 Cr0.99%
Adani Ports & Special Economic Zone LtdEquity8.27 Cr0.89%
Sun TV Network LtdEquity8.1 Cr0.87%
Hindustan Petroleum Corp LtdEquity8.09 Cr0.87%
Hindustan Unilever LtdEquity7.98 Cr0.86%
Bank of BarodaEquity7.88 Cr0.85%
Shriram Finance LtdEquity7.82 Cr0.84%
Dixon Technologies (India) LtdEquity7.78 Cr0.84%
Tata Motors LtdEquity7.57 Cr0.81%
Shriram Transport Finance Company LimitedBond - Corporate Bond7.51 Cr0.81%
Bajaj Housing Finance LimitedBond - Corporate Bond7.5 Cr0.81%
ABB India LtdEquity7.47 Cr0.80%
DLF LtdEquity7.25 Cr0.78%
Net Receivables / (Payables)Cash7.2 Cr0.77%
Kotak Mahindra Bank LtdEquity7.11 Cr0.76%
TD Power Systems LtdEquity7.01 Cr0.75%
Tata Power Co LtdEquity6.65 Cr0.72%
Tech Mahindra LtdEquity6.44 Cr0.69%
Samvardhana Motherson International LtdEquity6.38 Cr0.69%
InterGlobe Aviation LtdEquity6.28 Cr0.67%
Ashok Leyland LtdEquity6.17 Cr0.66%
Aditya Birla Capital LtdEquity5.78 Cr0.62%
Rural Electrification Corporation LimitedBond - Corporate Bond4.83 Cr0.52%
Balrampur Chini Mills LtdEquity4.63 Cr0.50%
Maruti Suzuki India LtdEquity4.56 Cr0.49%
ICICI Lombard General Insurance Co LtdEquity4.46 Cr0.48%
Go Fashion (India) LtdEquity4.22 Cr0.45%
Gujarat State Petronet LtdEquity4.15 Cr0.45%
Brigade Enterprises LtdEquity4.03 Cr0.43%
Zomato LtdEquity4.01 Cr0.43%
Bharat Electronics LtdEquity3.89 Cr0.42%
TVS Motor Co LtdEquity3.82 Cr0.41%
Oil & Natural Gas Corp LtdEquity3.72 Cr0.40%
Craftsman Automation LtdEquity3.68 Cr0.40%
Delhivery LtdEquity3.67 Cr0.39%
RBL Bank LtdEquity3.6 Cr0.39%
LTIMindtree LtdEquity3.46 Cr0.37%
The Federal Bank LtdEquity3.45 Cr0.37%
Zydus Lifesciences LtdEquity3.45 Cr0.37%
Fusion Micro Finance LtdEquity3.42 Cr0.37%
IndusInd Bank LtdEquity3.34 Cr0.36%
Hindalco Industries LtdEquity3.33 Cr0.36%
JSW Steel LtdEquity3.25 Cr0.35%
Torrent Pharmaceuticals LtdEquity3.06 Cr0.33%
Max Financial Services LtdEquity3.05 Cr0.33%
Yatra Online LtdEquity3.02 Cr0.32%
HCL Technologies LtdEquity3.01 Cr0.32%
Havells India LtdEquity2.95 Cr0.32%
Electronics Mart India LtdEquity2.8 Cr0.30%
Tata Communications LtdEquity2.71 Cr0.29%
Canara BankEquity2.61 Cr0.28%
Dabur India LtdEquity2.6 Cr0.28%
MTAR Technologies LtdEquity2.58 Cr0.28%
LIC Housing Finance LtdEquity2.57 Cr0.28%
IIFL Finance LtdEquity2.55 Cr0.27%
Bajaj Finance LtdEquity2.49 Cr0.27%
Bharat Petroleum Corp LtdEquity2.47 Cr0.27%
Zee Entertainment Enterprises LtdEquity2.45 Cr0.26%
Godrej Consumer Products LtdEquity2.45 Cr0.26%
Kajaria Ceramics LtdEquity2.43 Cr0.26%
Avalon Technologies LtdEquity2.41 Cr0.26%
Krishna Institute of Medical Sciences LtdEquity2.36 Cr0.25%
Wipro LtdEquity2.3 Cr0.25%
KFin Technologies LtdEquity2.18 Cr0.23%
Cholamandalam Financial Holdings LtdEquity2.15 Cr0.23%
Dalmia Bharat LtdEquity2.14 Cr0.23%
Mphasis LtdEquity2.08 Cr0.22%
Sona BLW Precision Forgings LtdEquity1.97 Cr0.21%
Prince Pipes And Fittings Ltd Ordinary SharesEquity1.85 Cr0.20%
Greenply Industries LtdEquity1.84 Cr0.20%
IDFC LtdEquity1.77 Cr0.19%
Eicher Motors LtdEquity1.6 Cr0.17%
SBI Cards and Payment Services Ltd Ordinary SharesEquity1.58 Cr0.17%
Divi's Laboratories LtdEquity1.52 Cr0.16%
Piramal Enterprises LtdEquity1.47 Cr0.16%
Vinati Organics LtdEquity1.45 Cr0.16%
Westlife Foodworld LtdEquity1.29 Cr0.14%
United Spirits LtdEquity1.27 Cr0.14%
PI Industries LtdEquity1.16 Cr0.12%
Crompton Greaves Consumer Electricals LtdEquity1.13 Cr0.12%
Cera Sanitaryware LtdEquity0.84 Cr0.09%
Tatva Chintan Pharma Chem LtdEquity0.77 Cr0.08%
Dr Reddy's Laboratories LtdEquity0.62 Cr0.07%
Emami LtdEquity0.47 Cr0.05%
Gateway Distriparks LtdEquity0.39 Cr0.04%
One97 Communications LtdEquity0.32 Cr0.03%
Nestle India LtdEquity0.03 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

51.75%

Mid Cap Stocks

10.06%

Small Cap Stocks

6.61%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services175.91 Cr18.91%
Industrials83.97 Cr9.03%
Consumer Cyclical68.92 Cr7.41%
Technology67.31 Cr7.24%
Energy56.26 Cr6.05%
Basic Materials53.95 Cr5.80%
Healthcare39.35 Cr4.23%
Consumer Defensive33.54 Cr3.61%
Communication Services25.71 Cr2.76%
Utilities20.17 Cr2.17%
Real Estate11.29 Cr1.21%

Risk & Performance Ratios

Standard Deviation

This fund

5.19%

Cat. avg.

4.68%

Lower the better

Sharpe Ratio

This fund

0.92

Cat. avg.

0.80

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.58

Higher the better

Fund Managers

MJ

Mahendra Jajoo

Since December 2018

BS

Bharti Sawant

Since December 2020

Vrijesh Kasera

Vrijesh Kasera

Since October 2019

HB

Harshad Borawake

Since October 2019

Additional Scheme Detailsas of 31st March 2024

ISININF769K01EI5Expense Ratio1.26%Exit Load1.00%Fund Size₹930 CrAge18 Dec 2018Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Equity Savings TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity Savings Funds

Fund nameExpense RatioExit LoadFund size
1Y
Kotak Equity Savings Fund Direct Growth

Moderate Risk

0.7%1.0%₹4813.24 Cr20.5%
Kotak Equity Savings Fund Regular Growth

Moderate Risk

1.9%1.0%₹4813.24 Cr19.3%
Edelweiss Equity Savings Fund Regular Growth

Moderate Risk

1.6%0.0%₹372.41 Cr16.6%
Edelweiss Equity Savings Fund Direct Growth

Moderate Risk

0.9%0.0%₹372.41 Cr17.8%
Baroda BNP Paribas Equity Savings Fund Regular Growth

Moderately High risk

2.5%1.0%₹407.21 Cr16.2%
Baroda BNP Paribas Equity Savings Fund Direct Growth

Moderately High risk

1.5%1.0%₹407.21 Cr17.3%
Tata Equity Savings Fund Regular Growth

Moderately High risk

1.1%0.0%₹137.57 Cr15.3%
Bandhan Equity Savings Fund Regular Growth

Low to Moderate Risk

1.4%0.0%₹106.02 Cr11.1%
PGIM India Equity Savings Fund Regular Growth

Low to Moderate Risk

1.3%0.0%₹90.35 Cr9.2%
Sundaram Equity Savings Fund Regular Growth

Moderately High risk

2.2%0.0%₹741.55 Cr20.4%

About the AMC

Total AUM

₹1,67,826 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹1325.63 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3182.73 Cr40.0%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹6871.66 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹33618.78 Cr39.8%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹37884.61 Cr25.5%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹493.94 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹106.37 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8425.01 Cr23.9%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹157.90 Cr6.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1441.40 Cr95.3%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8400.93 Cr26.7%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹678.48 Cr35.6%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.71 Cr29.6%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹506.21 Cr50.5%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹792.36 Cr6.9%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1003.21 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹1699.82 Cr34.3%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1593.76 Cr26.9%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2488.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹72.78 Cr51.8%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹21475.97 Cr37.3%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.06 Cr7.0%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹51.08 Cr6.8%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹69.33 Cr-15.3%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹930.11 Cr18.6%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹60.35 Cr6.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹346.82 Cr35.8%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

0.7%1.0%₹95.84 Cr-5.7%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹593.94 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹335.66 Cr7.1%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹225.61 Cr7.0%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹103.03 Cr6.9%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2235.15 Cr47.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹14251.70 Cr49.7%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1534.21 Cr23.3%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk
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The NAV of Mirae Asset Equity Savings Fund Regular Growth, as of 19-Apr-2024, is ₹17.78.
The fund has generated 17.41% over the last 1 year and 10.90% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 68.42% in equities, 18.78% in bonds, and 12.80% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Equity Savings Fund Regular Growth are:-
  1. Mahendra Jajoo
  2. Bharti Sawant
  3. Vrijesh Kasera
  4. Harshad Borawake