Get the latest NAV of Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹14.14
1D
NAV as on 11 Jul 2025
11.69%/per year
Since Inception
▲▼
2 people have invested ₹ 17K in Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal in the last three months
as on (11-Jul-25)
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Equity 42.7%
Debt & Cash 57.3%
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Equity 42.7%
Debt & Cash 57.3%
Top 3 Sectors in May were Financial Services, Government & Corporate
Financial Services
31%
Government
30%
Corporate
15%
Financial Services
30%
Government
26%
Corporate
17%
as on (30-Jun-25)
Equity
Debt & Cash
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
Expense ratio | 0.4% |
Benchmark | NIFTY Equity Savings TR INR |
AUM | ₹1442 Cr |
Inception Date | 17 December, 2018 |
Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 250.37% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Moderately High risk |
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 Vrijesh Kasera, Bharti Sawant, Mahendra Jajoo, Harshad Borawake. This fund gives you the benefit of diversification.
Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal has given a CAGR return of 11.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.11%, 12.16% and 13.18% respectively.
Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Corporate, Consumer Cyclical, Industrial, Basic Materials, Tech, Health, Energy, Utilities, Consumer Defensive, Communication, Real Estate.
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal has no lock in period.
Fund Manager of Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 12 October 2019
Fund Manager of Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 28 December 2020
Fund Manager of Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 17 December 2018
Fund Manager of Mirae Asset Equity Savings Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 12 October 2019
3Y CAGR
▲ 19.12
5Y CAGR
▲ 18.62
5Y CAGR
▲ 14.34
5Y CAGR
▲ 6.23
1Y CAGR
▲ 7.64