Mirae Asset Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderately High Risk
11.51%
3Y annualised
-0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 May 2024₹19.25
Min. SIP amount₹500
Rating4
Fund size₹1,019.74Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns18.3%11.5%12.8%12.8%
Category average16.1%9.5%9.1%NA
Rank with in category1072NA
Understand terms

Holdings (163)

NameSectorInstrumentAssets
FinancialEquity3.90%
SovereignGOI Sec2.93%
EnergyEquity2.91%
SovereignGOI Sec2.71%
FinancialEquity2.70%
SovereignGOI Sec2.62%
FinancialEquity2.39%
TechnologyEquity2.29%
SovereignGOI Sec2.15%
ConstructionEquity2.09%
See All

Expense ratio, exit load and tax

Expense ratio: 0.34%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year for units above 15% of the investment.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns 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 amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

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

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

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

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
30 Nov 2007
E-mail
NA
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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