MJ
Mahendra JajooFund Manager Since 17 Dec 2018
AllocationEquity Savings
Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal
3Y Annualised
12.10%
0.13% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
3.33%
0.13% 1D
Benchmark
HDFC NIFTY 500 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
6 years 1 months
NIFTY 50
4 years 4 months
FD
9 years 7 months
Fund info
Fund size
₹1402.45 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0.01%
Exit load : I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switchin/STP-in) on or before completion of 90 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 90 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First in First Out Basis (FIFO): - If redeemed within 90 days from the date of allotment: 1% -If redeemed after 90 days from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): -If redeemed within 90 days from the date of allotment: 1% -If redeemed after 90 days from the date of allotment: NIL
Risk Profile
Moderately High risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Invesco India Equity Savings Fund Direct Growth
3.49%
2nd
Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl
3.48%
3rd
Invesco India Equity Savings Fund Direct Payout of Income Dist cum Capital Wtdrl
3.48%
4th
Invesco India Equity Savings Fund Regular Payout of Income Dist cum Capital Wtdrl
3.35%
5th
Invesco India Equity Savings Fund Regular Reinvestment of Income Dist cum Capital Wtdrl
3.35%
8th
Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal
3.33%
Fund Managers
BS
Bharti SawantFund Manager Since 28 Dec 2020
VK
Vrijesh KaseraFund Manager Since 12 Oct 2019
HB
Harshad BorawakeFund Manager Since 12 Oct 2019
About Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal
Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal is a Allocation mutual fund scheme from Mirae Asset Investment Managers (India) Private Limited. This fund has been in existence for 6 years, having been launched on 2018-12-17. Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal has ₹1402.45 Cr worth of assets under management (AUM) as of Sat May 17 2025. The latest Net Asset Value (NAV) of Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal as of Fri May 16 2025 is ₹13.879. The fund has an expense ratio of 0.37%, which is medium comparable to most other Allocation funds.
Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal returns for the last 1 year are 9.27%. Since launch, it has delivered 11.66% average annual returns.
The Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal has the majority of its money invested in Financial Services, Energy, Technology, null, Communication Services sectors.
Top 5 Holdings of Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal.
- HDFC Bank Ltd: 4.48%
- ICICI Bank Ltd: 3.10%
- Reliance Industries Ltd: 2.26%
- Tata Consultancy Services Ltd: 2.12%
- 6.79% Govt Stock 2034: 2.01%
AMC Information
| Name | Mirae Asset Investment Managers (India) Private Limited |
|---|---|
| Founding Date | 2018-12-17 |
| customercare@miraeasset.com | |
| Phone | 022-6780 0300 |
| Website | www.miraeassetmf.co.in |
| Address | Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098 |
Tax Implications of Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Mirae Asset Investment Managers (India) Private Limited
Mirae Asset Low Duration Fund - Regular Low Duration Plan Growth
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expense ratio
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Mirae Asset Low Duration Fund Regular Plan Growth
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Mirae Asset Dynamic Bond Fund Regular Growth
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Mirae Asset Dynamic Bond Fund Direct Growth
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expense ratio
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Mirae Asset Large & Midcap Fund Direct Plan Growth
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expense ratio
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fund size
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FAQs
What is the current NAV of Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal?
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How do I invest in Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal?
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What are the top 5 holdings of Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal?
What are the top 3 sectors that Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal has invested in?
Who is the manager of Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal?
What is the exit load of Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal?
How to Redeem Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal?
Can I invest in SIP and a Lump Sum of Mirae Asset Equity Savings Fund Direct Payout of Income Distribution cum capital withdrawal?
