e.g. Tata motors, Reliance MF, 500570

Mirae Asset Equity Savings Fund - Direct Plan - Growth

Hybrid Equity Oriented Moderately High

NAV on (27 Apr 2026 )

₹22.53

(+0.46%)

Fund Size

₹1831.57 Crores

1Y Returns

7.91 %

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments.

AMC

Mirae Asset Global Investments (India) Pvt. Ltd.

Fund Details

Launch Date

November 26, 2018

Fund Manager

Mr. Harshad Borawake

Initial Price

10

AUM Fund

1831.57 Cr

Min investment

Rs 5000

Expense Ratio

0.4%

SIP Minimum Investment

Monthly - Rs.500/- in multiples of Re.1/- thereafter for a minimum of 5 installments. Quarterly - Rs.500/- in multiples of Re.1/- thereafter for a minimum of 3 installments.

Exit Load

15% of the units allotted (including Switch-in/STP-in) on or before completion of 90 days from the date of allotment of units: Nil.Any redemption in excess of such limits in the first 90 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First in First Out Basis (FIFO): -If redeemed within 90 days from the date of allotment: 1%-If redeemed after 90 days from the date of allotment: NIL.

1 Month

+3.60%

6 Months

+1.37%

1 Year

+7.91%

2 Years (CAGR)

+8.99%

3 Years (CAGR)

+12.09%

5 Years (CAGR)

+10.70%

Holdings

7.88% Muthoot Finance Ltd. (MD 22/11/2028) 2.70%
TREPS 2.40%
Net Receivables / (Payables) 2.39%
7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028) 2.17%
7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029) 2.16%
6.79% Government of India (MD 07/10/2034) 1.45%
7.32% Government of India (MD 13/11/2030) 1.39%
8.95% Bharti Telecom Ltd. (MD 04/12/2026) 1.37%
7.18% Government of India (MD 14/08/2033) 1.37%
7.45% Power Finance Corporation Ltd. (MD 15/07/2028) 1.37%
8.75% Piramal Finance Ltd. (MD 29/10/2027) 1.36%
6.95% REC Ltd. (MD 18/02/2028) 1.35%
7.45% ICICI Securities Ltd. (MD 24/11/2028) 1.34%
6.74% Small Industries Development Bank of India (MD 10/01/2029) 1.34%
7.15% State Government of Haryana (MD 30/07/2040) 1.28%
NTPC Ltd. 1.18%
Union Bank of India (MD 19/01/2027) 1.13%
Kotak Mahindra Bank Ltd. (MD 29/01/2027) 1.13%
Eternal Ltd. 1.12%
7.06% Government of India (MD 10/04/2028) 1.11%
6.96% Mindspace Business Parks Reit (MD 08/12/2028) 1.07%
6.54% Government of India (MD 17/01/2032) 1.07%
Infosys Ltd. 0.84%
7.49% Small Industries Development Bank of India (MD 11/06/2029) 0.82%
7.78% HDFC Bank Ltd. (MD 13/04/2027) 0.66%
7.26% Government of India (MD 06/02/2033) 0.55%
Vedanta Ltd. 0.52%
ITC Ltd. 0.51%
DLF Ltd. 0.45%
Coforge Ltd. 0.45%
7.26% Government of India (MD 22/08/2032) 0.33%
Cipla Ltd. 0.33%
Trent Ltd. 0.32%
Mphasis Ltd. 0.31%
7.44% National Bank for Agriculture and Rural Development (MD 24/02/2028) 0.27%
7.34% Government of India (MD 22/04/2064) 0.26%
Atul Ltd. 0.26%
HDFC Bank Ltd. (MD 22/01/2027) 0.26%
National Bank for Agriculture and Rural Development (MD 04/02/2027) 0.26%
7.70% National Bank for Agriculture and Rural Development (MD 30/09/2027) 0.25%
6.90% Government of India (MD 15/04/2065) 0.24%
7.01% National Bank for Agriculture and Rural Development (MD 16/03/2029) 0.22%
Biocon Ltd. 0.19%
Swiggy Ltd. 0.12%
BSE Ltd. 0.08%
UPL Ltd. 0.07%
7.64% National Bank for Agriculture and Rural Development (MD 06/12/2029) 0.05%
Indian Bank 0.02%

Sector Allocation

Banks 13.73%
Telecommunications 2.63%
Miscellaneous 5.95%
Iron and Steel 2.08%
Auto 3.99%
Finance 7.49%
Power 2.65%
Service 3.28%
Information Technology 3.58%
Consumer Durables 1.61%
Pharmaceuticals and health care 5.14%
Cement 1.16%
Engineering 2.54%
Metals - Non Ferrous 0.91%
Beverages - Non-Alcoholic 0.53%
Mining 0.90%
Tobacco 0.51%
Retail 0.49%
Petroleum 1.18%
Construction 0.65%
Personal Care 0.79%
Electronics 0.34%
Paints and Pigments 0.79%
Textiles 0.32%
Electric Equipment 0.33%
Food Processing 0.22%
Petrochemicals 0.17%
Chemicals 0.55%
Hospitality 0.16%
Plastics 0.15%
Beverages - Alcoholic 0.07%
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai Maharashtra India 400098
Phone
+91 22 67800300
Fax
+91 22 67253942
Launch Date
November 26, 2018
Custodian
Deutsche Bank, SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Mirae Asset Equity Savings Fund - Direct Plan - Growth?

A: The latest NAV of Mirae Asset Equity Savings Fund - Direct Plan - Growth is ₹ 22.53 as on 27 Apr 2026.

Q: What type of mutual fund is Mirae Asset Equity Savings Fund - Direct Plan - Growth?

A: Mirae Asset Equity Savings Fund - Direct Plan - Growth is a 'Hybrid - Equity Oriented' type mutual fund managed by 'Mirae Asset Global Investments (India) Pvt. Ltd.'.

Q: What is the expense ratio of Mirae Asset Equity Savings Fund - Direct Plan - Growth?

A: The expense ratio of Mirae Asset Equity Savings Fund - Direct Plan - Growth is 0.4%, which impacts overall returns.

Q: Who manages Mirae Asset Equity Savings Fund - Direct Plan - Growth?

A: Mirae Asset Equity Savings Fund - Direct Plan - Growth is managed by Mr. Harshad Borawake, who oversees investment strategy and portfolio decisions.

Q: Is Mirae Asset Equity Savings Fund - Direct Plan - Growth a good investment?

A: Mirae Asset Equity Savings Fund - Direct Plan - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Mirae Asset Equity Savings Fund - Direct Plan - Growth?

A: The exit load of Mirae Asset Equity Savings Fund - Direct Plan - Growth is 15% of the units allotted (including Switch-in/STP-in) on or before completion of 90 days from the date of allotment of units: Nil.Any redemption in excess of such limits in the first 90 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First in First Out Basis (FIFO): -If redeemed within 90 days from the date of allotment: 1%-If redeemed after 90 days from the date of allotment: NIL., applicable if redeemed within the specified period.

Q: How is Mirae Asset Equity Savings Fund - Direct Plan - Growth taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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