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Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal

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previously known as Mirae Asset Equity Savings Dir DR until

13.655 (0.257%)
NAV on April 25, 2024
Category Allocation:
Equity Savings
Investment StyleBox
Large Growth

Interest rate sensitivity
Credit quality
Limited Sensitivity
High Quality

Total Assets 930 cr
Turnover Ratio 163.85%
Expense Ratio 0.25%
Exit Load 1.00%if redeemed within
365 Days0.00%if redeemed after 365 Days
Returns
  • 1M: -5.89%
  • 1Y: 18.37%
  • 3M: 3.11%
  • 3Y: 11.58%
  • 6M: 10.28%
  • 5Y: 12.26%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Mahendra Jajoo (Since over 5 years) Bharti Sawant (Since over 3 years) Vrijesh Kasera (Since over 4 years) Harshad Borawake (Since over 4 years)
ISIN INF769K01EM7
Fund Family Mirae Asset
P/E Ratio 20.28
P/B Ratio 3.39
Launch Date December 17, 2018
Benchmark NIFTY Equity Savings TR INR
Avg. Maturity 2.32 years
Yield To Maturity (%) 1.82%
ASSET ALLOCATION
EQUITY DISTRIBUTION
CREDIT QUALITY (%)
AAA 94.78%
AA 5.22%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
SECTOR WEIGHTINGS (%)
Financial 27.64%
Industrial 13.19%
Technology 10.58%
Basic Materials 8.48%
Consumer Cyclical 10.83%
Utilities Services 3.17%
Healthcare Services 6.18%
Energy Services 8.84%
Communication Services 4.04%
Consumer Defensive 5.27%
Real Estate 1.77%
RISK MEASURES (3 yrs)
vs NIFTY Equity Savings TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 1.838
Sharpe 0.974
Std Dev 5.301
Risk Above Average
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. The Scheme does not assure or guarantee any returns.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet
Top Equity Savings Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
L t mutual fund
HSBC Equity Savings Direct Plan Growth Plan
32.561 24.90% 230 cr 0.61% Average
Mahindramf
Mahindra Manulife Equity Savings Fund Direct Growth
21.601 22.08% 465 cr 0.77% High
Kotak
Kotak Equity Savings Fund Direct Growth
25.647 20.93% 4,813 cr 0.73% Below Average
Hdfc
HDFC Equity Savings Fund -Direct Plan - Growth Option
66.885 19.76% 3,994 cr 0.99% Above Average
Mirae
Mirae Asset Equity Savings Fund Direct Growth
18.975 19.12% 930 cr 0.25% Above Average
Uti
UTI Equity Savings Fund Direct Growth
17.515 18.99% 341 cr 0.73% Average
Edelweiss mutual fund
Edelweiss Equity Savings Fund Direct Growth
24.290 18.17% 372 cr 0.92% Below Average


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