Mirae Asset Equity Savings Fund - Direct (G)
Equity SavingsNAV
21.53(0.44%)Fund Size (CR)
₹1,442.49Expense Ratio
0.37Scheme Type
Active FundValue Research
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹99Minimum Withdrawal
₹1Exit Load
0%Return Since Launch
12.46%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Harshad Borawake
Bench Mark
NIFTY Equity Savings Index TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 6 June 2025 | 9946.17 | -0.54% | - | -0.33% | 104/131 |
| 1 Month | 13 May 2025 | 10135.71 | 1.36% | - | 0.95% | 21/131 |
| 3 Month | 13 March 2025 | 10746.52 | 7.47% | - | 5.15% | 14/131 |
| 6 Month | 13 December 2024 | 10326.64 | 3.27% | - | 2.07% | 25/129 |
| 1 Year | 13 June 2024 | 10974.86 | 9.75% | 9.75% | 7.38% | 9/129 |
| 3 Year | 13 June 2022 | 14747.16 | 47.47% | 13.81% | 11.62% | 10/129 |
| 5 Year | 12 June 2020 | 20068.35 | 100.68% | 14.93% | 12.17% | 10/129 |
| Since Inception | 17 December 2018 | 21435.00 | 114.35% | 12.46% | 8.64% | 1/131 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 July 2024 | 1,20,000 | 126216.97 | 5.18% | 5.18% |
| 3 Year | 1 July 2022 | 3,60,000 | 435281.06 | 20.91% | 6.53% |
| 5 Year | 1 July 2020 | 6,00,000 | 815019.88 | 35.84% | 6.32% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
1.70%
Standard Deviation
0.43%
Beta
1.07%
Sharpe Ratio
0.06%
Treynor's Ratio
3.05%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| HDFC Bank | 4.96% | 367839 | 71.54 | Equity | Banks |
| ICICI Bank | 3.13% | 312425 | 45.17 | Equity | Banks |
| Reliance Industr | 2.37% | 240984 | 34.24 | Equity | Refineries |
| St Bk of India | 2.06% | 365101 | 29.66 | Equity | Banks |
| Axis Bank | 2.03% | 245805 | 29.30 | Equity | Banks |
| TCS | 1.92% | 79857 | 27.66 | Equity | IT - Software |
| Bharti Airtel | 1.71% | 133167 | 24.72 | Equity | Telecomm-Service |
| M & M | 1.70% | 82278 | 24.49 | Equity | Automobile |
| Larsen & Toubro | 1.64% | 64216 | 23.60 | Equity | Infrastructure Developers & Operators |
| Coal India | 1.43% | 519249 | 20.63 | Equity | Mining & Mineral products |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Equity Savings Fund - Direct (G) | 1442.49 | 1.36% | 7.47% | 3.27% | 9.75% | 13.81% | |
| DSP Equity Savings Fund - Direct (G) | 2995.31 | 0.57% | 4.33% | 3.06% | 10.53% | 12.33% | |
| DSP Equity Savings Fund - Direct (IDCW) | 2995.31 | 0.57% | 4.33% | 3.06% | 10.53% | 12.33% | |
| DSP Equity Savings Fund - Direct (IDCW-Q) | 2995.31 | 0.57% | 4.31% | 3.04% | 10.51% | 12.31% | |
| DSP Equity Savings Fund - Direct (IDCW-M) | 2995.31 | 0.57% | 4.32% | 3.05% | 10.51% | 12.31% | |
| LIC MF Equity Savings Fund - Direct (G) | 21.56 | 2.10% | 9.75% | 4.66% | 10.35% | 12.49% |
List of Schemes under Mirae Asset Mutual Fund
News
Mirae Asset Mutual Fund announces change in fund manager under its schemes
Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, With effect from 16 June 2025Change in Fund Manager:
Name of the Scheme(s) Existing Fund Manager(s) Proposed Fund Manager(s) Mirae Asset Great Consumer Fund Mr. Ankit Jain &
Mr. Siddhant ChhabriaMr. Siddhant Chhabria Mirae Asset Banking & Financial Services Fund Mr. Gaurav Kochar Mr. Harshad Borawake Powered by Capital Market - Live News
Mirae Asset Mutual Fund announces change in fund manager under its scheme
Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, with effect from 05 June 2025.Change in Fund Manager:
Name of the Scheme(s) Existing Fund Manager(s) Proposed Fund Manager(s) Mirae Asset Multi Asset Allocation Fund Mr. Harshad Borawake (for equity portion),
Mr. Siddharth Srivastava (for overseas portion),
Mr. Ritesh Patel (for commodity portion),
Mr. Basant Bafna (for debt portion)Mr. Harshad Borawake (for equity portion),
Mr. Siddharth Srivastava (for overseas portion),
Mr. Ritesh Patel (for commodity portion),
Mr. Mahendra Kumar Jajoo (for debt portion)Powered by Capital Market - Live News
Mirae Asset Mutual Fund announces change in Key Personnel
Mirae Asset Mutual Fund has announced that Mr. Vijay Rao has been appointed as a Head - Information Technology on the Board of the Trustee Company with effect from May 20, 2025.Details of Mr. Vijay Rao
Age: 42
Designation: Head - Information Technology
Qualification : B.E. (Bachelor of Engineering) - Mechanical, PGDBM (Post Graduate in Business Management) - Systems/IT /
Experience : 19 years & 8 months
Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
26 November 2018
Total AUM (Cr)
₹1442.49
Mirae Asset Equity Savings Fund - Direct (G) is an Equity Savings-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 26 November 2018, this fund is managed by Harshad Borawake. With assets under management (AUM) worth ₹1,442.49 (Cr), as of 16 June 2025, Mirae Asset Equity Savings Fund - Direct (G) is categorized as a Equity Savings within its segment. The fund has generated a return of 12.46% since its launch.
The current NAV of Mirae Asset Equity Savings Fund - Direct (G) is ₹21.53, as on 16 June 2025. The fund's benchmark index is NIFTY Equity Savings Index TRI. You can invest in Mirae Asset Equity Savings Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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. 1.00% - If redeemed within 90 days from the date of allotment. Nil - If redeemed after 90 days from the date of allotment. The fund has generated 13.81% and 14.93% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 68.22% in Equity, 30.12% in Debt and 1.66% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 29.86% in Debt, 13.91% in Banks, 5.33% in IT-Software, 4.91% in Automobiles, 4.87% in Pharmaceuticals & Biotech
FAQs
How to Invest in Mirae Asset Equity Savings Fund - Direct (G) Direct Growth?
Mirae Asset Equity Savings Fund - Direct (G) is a popular fund in the Equity Savings segment. The fund has generated a return of 12.46% since inception. Looking to invest in Mirae Asset Equity Savings Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Equity Savings Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Mirae Asset Equity Savings Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Mirae Asset Equity Savings Fund - Direct (G) today and reap the benefits of this Equity Savings fund!
How much returns has Mirae Asset Equity Savings Fund - Direct (G) Direct Growth generated?
What is the expense ratio of Mirae Asset Equity Savings Fund - Direct (G) Direct Growth?
What is the AUM of Mirae Asset Equity Savings Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from Mirae Asset Equity Savings Fund - Direct (G) Direct Growth?
Redeeming or selling units of Mirae Asset Equity Savings Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Mirae Asset Equity Savings Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Mirae Asset Equity Savings Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).