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Mirae Asset Equity Savings Fund Direct Growth
Get the latest NAV of Mirae Asset Equity Savings Fund Direct Growth. 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.
₹22.18
1D
NAV as on 23 Jan 2026
11.87%/per year
Since Inception
▲▼
826 people have invested ₹ 3Cr in Mirae Asset Equity Savings Fund Direct Growth in the last three months
Mirae Asset Equity Savings Fund Performance vs. Equity Savings Index
Fund returns vs Benchmark returns vs Category Average returns as on (23-Jan-26)
The fund has consistently outperformed the benchmark (Equity Savings Index) over the last 1Y, 3Y, 5Y time periods.
Mirae Asset Equity Savings Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 7 out of 12 mutual funds in the equity savings category as per INDmoney.
Mirae Asset Equity Savings Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Equity Savings Fund Asset Allocation
See fund asset allocation details as on (14-Jan-26)
Fund Distribution
as on (14-Jan-26)
Mirae Asset Equity Savings Fund Sector Allocation
See fund sector allocation details as on (14-Jan-26)
Sector Allocation
Top 3 Sectors in December were Financial Services, Government & Corporate
Financial Services
33%
Government
20%
Corporate
15%
Financial Services
33%
Government
20%
Corporate
15%
Mirae Asset Equity Savings Fund Holdings Details
as on (31-Dec-25)
Mirae Asset Equity Savings Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.37% |
Benchmark | NIFTY Equity Savings TR INR |
| AUM | ₹1865 Cr |
| Inception Date | 17 December, 2018 |
| Min Lumpsum/SIP | ₹5,000/₹99 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 88.34% |
| Risk |   Moderately High risk |
About Mirae Asset Equity Savings Fund
Mirae Asset Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 17 December, 2018. The fund is managed by Bharti Sawant, Basant Bafna, Vrijesh Kasera, Harshad Borawake. This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Equity Savings Fund Direct Growth has ₹1865 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Mirae Asset Equity Savings Fund Direct Growth has given a CAGR return of 11.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.12%, 11.77% and 11.06% respectively.
Holdings
Mirae Asset Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Consumer Cyclical, Basic Materials, Industrial, Tech, Health, Energy, Consumer Defensive, Utilities, Communication, Real Estate.
Taxation
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).
Investment objective of Mirae Asset Equity Savings Fund Direct Growth
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 and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Equity Savings Fund Direct Growth has no lock in period.
Fund Manager
Bharti Sawant
Fund Manager of Mirae Asset Equity Savings Fund Direct Growth, since 28 December 2020
Basant Bafna
Fund Manager of Mirae Asset Equity Savings Fund Direct Growth, since 27 December 2025
Vrijesh Kasera
Fund Manager of Mirae Asset Equity Savings Fund Direct Growth, since 12 October 2019
Harshad Borawake
Fund Manager of Mirae Asset Equity Savings Fund Direct Growth, since 12 October 2019
- AUM of the fund stands at 1.8K Cr as of Dec'25
- AUM has remained same between Dec'25 and Nov'25
Frequently Asked Questions for Mirae Asset Equity Savings Fund Direct Growth
How do I invest in Mirae Asset Equity Savings Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset Equity Savings Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.