Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal
NAV: ₹ 13.5 as on 09-12-2022
Fund Performance
Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal is a hybrid fund. This fund was started on 17 December, 2018. The fund is managed by Mahendra Jajoo, Harshad Borawake, Vrijesh Kasera, Bharti Sawant. This fund gives you the benefit of diversification.
1) Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal has a NAV of ₹13.544 as on 09-12-2022.
2) Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal has ₹592 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.
3) The fund has an expense ratio 0.41 %.
Fund Overview
Expense ratio | 0.41% |
Benchmark | NIFTY Equity Savings TR INR |
AUM | ₹592 Cr |
Inception Date | 17 December, 2018 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 157.7% |
Fund Distribution
Sector Allocation
Financial Services
Consumer Cyclical
Basic Materials
Industrial
Consumer Defensive
Health
Tech
Communication
Energy
Utilities
Real Estate
Top Holdings
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
5.63 4/12/2026 12:00:00 Am | 4.04% | -58.3% | |
Reliance Industries Ltd | 4.03% | 0% | |
Infosys Ltd | 3.74% | 56.5% | |
7.38 6/20/2027 12:00:00 Am | 3.41% | 100% | |
HDFC Bank Ltd | 3.31% | 15.7% |
What changed
Change in AUM
Fund Returns vs Benchmark
Concentration Analysis
Peer Analysis
Fund Manager
Mahendra Jajoo
Top funds managed
Harshad Borawake
Top funds managed
Vrijesh Kasera
Top funds managed
Bharti Sawant
Top funds managed
AMC details
Fund Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹592 Cr
Expense Ratio 0.41%
Frequently Asked Questions
Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 1.16% | 1.16% |
6 Month Returns | 8.1% | 8.1% |
1 Year Returns | 5.2% | 5.2% |
3 Years Returns | 41.27% | 12.21% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 95.92 |
AA | 4.08 |
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.