1M
6M
1Y
3Y
5Y
All
| NAV: 24 May 2024 | ₹19.25 |
| Min. SIP amount | ₹500 |
| Rating | 4 |
| 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
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 18.3% | 11.5% | 12.8% | 12.8% |
| Category average | 16.1% | 9.5% | 9.1% | NA |
| Rank with in category | 10 | 7 | 2 | NA |
Understand terms
Holdings (163)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 3.90% |
GOI | Sovereign | GOI Sec | 2.93% |
Reliance Industries Ltd. | Energy | Equity | 2.91% |
GOI | Sovereign | GOI Sec | 2.71% |
State Bank of India | Financial | Equity | 2.70% |
GOI | Sovereign | GOI Sec | 2.62% |
ICICI Bank Ltd. | Financial | Equity | 2.39% |
Infosys Ltd. | Technology | Equity | 2.29% |
GOI | Sovereign | GOI Sec | 2.15% |
Larsen & Toubro Ltd. | Construction | Equity | 2.09% |
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
Mahendra Kumar JajooNov 2018 - PresentView details
Mahendra Kumar Jajoo
Nov 2018 - 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
Bharti SawantDec 2020 - PresentView details
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 BorawakeOct 2019 - PresentView details
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 KaseraOct 2019 - PresentView details
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
NAWebsite
www.miraeassetmf.co.in
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,
Email
[email protected]Website
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