- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Equity Savings Fund (G)
Mirae Asset Equity Savings Fund (G)
₹ 19.444
NAV (Oct 15)
These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 19.444
NAV (Oct 15)
Fund Returns
Last 1Y | 17.8% |
Last 3Y | 9.6% |
Last 5Y | 12.9% |
Last 10Y | NA |
Since Inception | 12.1% |
6 Month CAGR | 8.7% |
Scheme Information
The scheme seeks 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.
Expense Ratio | 1.32 |
Launched (0y ago) | 1.32 |
AUM in Crores | 1324.7 |
ISIN | INF769K01EI5 |
Lock-in | - |
Benchmark | NIFTY Equity Savings Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 5.2 |
Beta | 0.9 |
Sharpe Ratio | 0.8 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Equity Savings Fund (G) | 10,06,598 | 2,73,986 | 12.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
Others
34.2%Tata Consultancy Services Ltd.
4.7%Others
3.6%HDFC Bank Ltd.
3.2%Reliance Industries Ltd.
2.3%Allocation by Sector
Financial
10.3%Technology
3.7%Energy
3.4%Services
2.9%Healthcare
2.5%Comparison with Hybrid Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 50,495 cr | ||
₹ 3,342 cr | ||
₹ 5,410 cr | ||
₹ 12,689 cr | ||
₹ 24,796 cr |
About the AMC
Mirae Asset Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
14.2% | 19.7% | ||
18.4% | 24.5% | ||
9.6% | 12.1% | ||
19.4% | 28.4% | ||
15.7% | 15.9% |
Mirae Asset Equity Savings Fund (G) Review
Mirae Asset Equity Savings Fund (G) is a Equity Savings Hybrid fund and has delivered an annualised return of 12.061% over a period of 5 years. The fund is managed by Mirae Asset Mutual Fund. The fund managers are Bharti Sawant, Harshad Borawake, Mahendra Kumar Jajoo, Vrijesh Kasera.
Nav of Mirae Asset Equity Savings Fund (G) as of 10/15/2024 is ₹19.44 with the total AUM as of 10/16/2024 is ₹1324.700319. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Equity Savings Fund (G) was launched on 2018-12-17. The category risk of the fund is Above Average.
The minimum SIP amount for Mirae Asset Equity Savings Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Frequently Asked Questions
What is Mirae Asset Equity Savings Fund (G)?
How to invest in Mirae Asset Equity Savings Fund (G)?
You can invest in Mirae Asset Equity Savings Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mirae Asset Equity Savings Fund (G)?
The minimum sip amount for Mirae Asset Equity Savings Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Equity Savings Fund (G) good to invest in?
As per Scripbox experts, it is a 4 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mirae Asset Equity Savings Fund (G)?
The expense ratio of the Mirae Asset Equity Savings Fund (G) is 1.32% for regular plan.
What is the NAV of Mirae Asset Equity Savings Fund (G)?
Today's Mirae Asset Equity Savings Fund (G) NAV is ₹19.44.