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Fund Overview

Fund Size

Fund Size

₹1,360 Cr

Expense Ratio

Expense Ratio

0.37%

ISIN

ISIN

INF769K01EK1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

17 Dec 2018

About this fund

Mirae Asset Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 6 years, 4 months and 2 days, having been launched on 17-Dec-18.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹20.81, Assets Under Management (AUM) of 1359.75 Crores, and an expense ratio of 0.37%.
  • Mirae Asset Equity Savings Fund Direct Growth has given a CAGR return of 12.27% since inception.
  • The fund's asset allocation comprises around 43.29% in equities, 23.06% in debts, and 33.65% in cash & cash equivalents.
  • You can start investing in Mirae Asset Equity Savings Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+10.66%

+7.21% (Cat Avg.)

3 Years

+11.06%

+8.77% (Cat Avg.)

5 Years

+15.11%

+11.83% (Cat Avg.)

Since Inception

+12.27%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity588.67 Cr43.29%
Debt313.57 Cr23.06%
Others457.51 Cr33.65%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset336.85 Cr24.77%
TrepsCash - Repurchase Agreement68.94 Cr5.07%
HDFC Bank LtdEquity60.93 Cr4.48%
ICICI Bank LtdEquity42.13 Cr3.10%
Reliance Industries LtdEquity30.73 Cr2.26%
Tata Consultancy Services LtdEquity28.8 Cr2.12%
Net Receivables / (Payables)Cash28.14 Cr2.07%
6.79% Govt Stock 2034Bond - Gov't/Treasury27.4 Cr2.01%
Axis Bank LtdEquity27.09 Cr1.99%
State Bank of IndiaEquity26.82 Cr1.97%
7.32% Govt Stock 2030Bond - Gov't/Treasury25.96 Cr1.91%
7.18% Govt Stock 2033Bond - Gov't/Treasury25.91 Cr1.91%
Bharti Airtel LtdEquity25.35 Cr1.86%
Rec LimitedBond - Corporate Bond25.15 Cr1.85%
5.63% Govt Stock 2026Bond - Gov't/Treasury24.81 Cr1.82%
Canara BankCash - CD/Time Deposit23.58 Cr1.73%
Mahindra & Mahindra LtdEquity21.93 Cr1.61%
Kotak Mahindra Bank LtdEquity20.72 Cr1.52%
Coal India LtdEquity20.68 Cr1.52%
7.06% Govt Stock 2028Bond - Gov't/Treasury20.34 Cr1.50%
Future on Kotak Mahindra Bank LtdEquity - Future-20.03 Cr1.47%
6.54% Govt Stock 2032Bond - Gov't/Treasury20 Cr1.47%
NTPC LtdEquity19.02 Cr1.40%
Infosys LtdEquity18.91 Cr1.39%
Ambuja Cements LtdEquity18.19 Cr1.34%
Larsen & Toubro LtdEquity17.45 Cr1.28%
Aurobindo Pharma LtdEquity15.29 Cr1.12%
Future on HDFC Bank LtdEquity - Future-15.14 Cr1.11%
Tata Motors LtdEquity15.09 Cr1.11%
Small Industries Development Bank Of IndiaBond - Corporate Bond15.07 Cr1.11%
Bajaj Finance LimitedBond - Corporate Bond15.02 Cr1.10%
Future on Tata Consultancy Services LtdEquity - Future-15.01 Cr1.10%
Future on Tata Power Co LtdEquity - Future-15.01 Cr1.10%
Tata Power Co LtdEquity14.95 Cr1.10%
Future on Hero MotoCorp LtdEquity - Future-14.94 Cr1.10%
Adani Ports & Special Economic Zone LtdEquity14.86 Cr1.09%
Hero MotoCorp LtdEquity14.85 Cr1.09%
SBI Life Insurance Co LtdEquity14.3 Cr1.05%
HDFC Bank LimitedBond - Corporate Bond13.86 Cr1.02%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-13.61 Cr1.00%
Hindustan Aeronautics Ltd Ordinary SharesEquity13.53 Cr1.00%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-13.39 Cr0.98%
Sun Pharmaceuticals Industries LtdEquity13.36 Cr0.98%
Tata Steel LtdEquity13.25 Cr0.97%
Future on Coal India LtdEquity - Future-13.07 Cr0.96%
National Bank For Financing Infrastructure And DevelopmentBond - Corporate Bond12.59 Cr0.93%
Future on Tata Steel Ltd.Equity - Future-11.6 Cr0.85%
Shriram Finance LtdEquity11.58 Cr0.85%
JSW Energy LtdEquity11.52 Cr0.85%
Future on DLF LtdEquity - Future-11.17 Cr0.82%
DLF LtdEquity11.12 Cr0.82%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond11.02 Cr0.81%
Future on ICICI Bank LtdEquity - Future-10.91 Cr0.80%
Bajaj Finance LtdEquity10.48 Cr0.77%
7.26% Govt Stock 2032Bond - Gov't/Treasury10.4 Cr0.76%
7.26% Govt Stock 2033Bond - Gov't/Treasury10.4 Cr0.76%
Future on Axis Bank LtdEquity - Future-10.16 Cr0.75%
Rec LimitedBond - Corporate Bond10.06 Cr0.74%
Muthoot Finance LimitedBond - Corporate Bond10.05 Cr0.74%
TD Power Systems LtdEquity9.96 Cr0.73%
Future on Tata Motors LtdEquity - Future-9.92 Cr0.73%
InterGlobe Aviation LtdEquity9.61 Cr0.71%
Future on Mahindra & Mahindra LtdEquity - Future-9.37 Cr0.69%
ABB India LtdEquity9.1 Cr0.67%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond9.03 Cr0.66%
Glenmark Pharmaceuticals LtdEquity8.51 Cr0.63%
Titan Co LtdEquity8.3 Cr0.61%
Cipla LtdEquity8.25 Cr0.61%
Bank of BarodaEquity8.19 Cr0.60%
Future on Aurobindo Pharma LtdEquity - Future-7.96 Cr0.59%
Vedanta LtdEquity7.92 Cr0.58%
LIC Housing Finance LtdEquity7.59 Cr0.56%
Bajaj Housing Finance LimitedBond - Corporate Bond7.56 Cr0.56%
Oil & Natural Gas Corp LtdEquity7.41 Cr0.54%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-7.32 Cr0.54%
Bharat Electronics LtdEquity7.29 Cr0.54%
Future on Jio Financial Services LtdEquity - Future-7.28 Cr0.54%
Future on JSW Energy LtdEquity - Future-7.26 Cr0.53%
Jio Financial Services LtdEquity7.25 Cr0.53%
ITC LtdEquity7.21 Cr0.53%
Sagility India LtdEquity7.15 Cr0.53%
Future on SBI Life Insurance Co LtdEquity - Future-7.12 Cr0.52%
Future on Cipla LtdEquity - Future-7.05 Cr0.52%
Future on Reliance Industries LtdEquity - Future-7.05 Cr0.52%
Hindustan Unilever LtdEquity7.04 Cr0.52%
Brigade Enterprises LtdEquity7.03 Cr0.52%
Multi Commodity Exchange of India LtdEquity6.87 Cr0.50%
Future on State Bank of IndiaEquity - Future-6.86 Cr0.50%
Future on Jindal Steel & Power LtdEquity - Future-6.86 Cr0.50%
Future on Bank of BarodaEquity - Future-6.85 Cr0.50%
LTIMindtree LtdEquity6.85 Cr0.50%
Jindal Steel & Power LtdEquity6.84 Cr0.50%
OneSource Specialty Pharma LtdEquity6.82 Cr0.50%
Mphasis LtdEquity6.75 Cr0.50%
Future on Ambuja Cements LtdEquity - Future-6.71 Cr0.49%
Future on ABB India LtdEquity - Future-6.53 Cr0.48%
International Gemmological Institute (India) LtdEquity6.51 Cr0.48%
Future on Titan Co LtdEquity - Future-6.46 Cr0.48%
GAIL (India) LtdEquity6.36 Cr0.47%
TVS Motor Co LtdEquity6.23 Cr0.46%
Havells India LtdEquity6.19 Cr0.46%
Future on Aditya Birla Capital LtdEquity - Future-6.12 Cr0.45%
Aditya Birla Capital LtdEquity6.1 Cr0.45%
Godrej Consumer Products LtdEquity5.92 Cr0.44%
HDFC Asset Management Co LtdEquity5.59 Cr0.41%
Indus Towers Ltd Ordinary SharesEquity5.5 Cr0.40%
Future on Bharti Airtel LtdEquity - Future-5.46 Cr0.40%
Eternal LtdEquity5.4 Cr0.40%
Century Plyboards (India) LtdEquity5.36 Cr0.39%
Zensar Technologies LtdEquity5.21 Cr0.38%
Bajaj Housing Finance LimitedBond - Corporate Bond5.02 Cr0.37%
Atul LtdEquity5 Cr0.37%
Mankind Pharma LtdEquity4.95 Cr0.36%
HDFC Bank LimitedBond - Corporate Bond4.92 Cr0.36%
Varun Beverages LtdEquity4.86 Cr0.36%
Hindalco Industries LtdEquity4.78 Cr0.35%
Future on LIC Housing Finance LtdEquity - Future-4.76 Cr0.35%
Craftsman Automation LtdEquity4.69 Cr0.34%
Syngene International LtdEquity4.64 Cr0.34%
Future on Maruti Suzuki India LtdEquity - Future-4.56 Cr0.34%
Power Finance Corp LtdEquity4.56 Cr0.34%
Maruti Suzuki India LtdEquity4.55 Cr0.33%
Power Finance Corporation Ltd.Bond - Corporate Bond4.49 Cr0.33%
Schaeffler India LtdEquity4.48 Cr0.33%
Mahanagar Gas LtdEquity4.43 Cr0.33%
Future on JSW Steel LtdEquity - Future-4.17 Cr0.31%
JSW Steel LtdEquity4.16 Cr0.31%
L&T Finance LtdEquity4.16 Cr0.31%
TBO Tek LtdEquity4.14 Cr0.30%
Eicher Motors LtdEquity4.13 Cr0.30%
Gujarat State Petronet LtdEquity4.05 Cr0.30%
Future on Oil & Natural Gas Corp LtdEquity - Future-3.81 Cr0.28%
Go Digit General Insurance LtdEquity3.73 Cr0.27%
Future on LTIMindtree LtdEquity - Future-3.71 Cr0.27%
KFin Technologies LtdEquity3.67 Cr0.27%
AWL Agri Business LtdEquity3.62 Cr0.27%
Future on Tech Mahindra LtdEquity - Future-3.58 Cr0.26%
Tech Mahindra LtdEquity3.57 Cr0.26%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond3.5 Cr0.26%
Lupin LtdEquity3.42 Cr0.25%
Arvind LtdEquity3.32 Cr0.24%
IndusInd Bank LtdEquity3.3 Cr0.24%
Krishna Institute of Medical Sciences LtdEquity3.28 Cr0.24%
Deepak Nitrite LtdEquity3.25 Cr0.24%
Future on NTPC LtdEquity - Future-3.18 Cr0.23%
Future on Hindustan Unilever LtdEquity - Future-3.06 Cr0.23%
Future on Zydus Lifesciences LtdEquity - Future-3.04 Cr0.22%
Zydus Lifesciences LtdEquity3.03 Cr0.22%
Grasim Industries LtdEquity2.92 Cr0.21%
Go Fashion (India) LtdEquity2.82 Cr0.21%
Apollo Hospitals Enterprise LtdEquity2.8 Cr0.21%
IIFL Finance LtdEquity2.73 Cr0.20%
Future on InterGlobe Aviation LtdEquity - Future-2.68 Cr0.20%
Sai Life Sciences LtdEquity2.64 Cr0.19%
Bharat Petroleum Corp LtdEquity2.58 Cr0.19%
REC LtdEquity2.58 Cr0.19%
CARE Ratings LtdEquity2.54 Cr0.19%
Future on HCL Technologies LtdEquity - Future-2.4 Cr0.18%
HCL Technologies LtdEquity2.4 Cr0.18%
Greenply Industries LtdEquity2.28 Cr0.17%
Future on Asian Paints LtdEquity - Future-2.2 Cr0.16%
Asian Paints LtdEquity2.2 Cr0.16%
Future on Tata Communications LtdEquity - Future-2.14 Cr0.16%
Tata Communications LtdEquity2.13 Cr0.16%
Delhivery LtdEquity2.1 Cr0.15%
Future on ACC LtdEquity - Future-1.93 Cr0.14%
ACC LtdEquity1.92 Cr0.14%
Avenue Supermarts LtdEquity1.89 Cr0.14%
Future on Dabur India LtdEquity - Future-1.78 Cr0.13%
Dabur India LtdEquity1.77 Cr0.13%
Future on United Spirits LtdEquity - Future-1.57 Cr0.12%
United Spirits LtdEquity1.57 Cr0.12%
Crompton Greaves Consumer Electricals LtdEquity1.5 Cr0.11%
Sona BLW Precision Forgings LtdEquity1.1 Cr0.08%
Future on PI Industries LtdEquity - Future-1.03 Cr0.08%
PI Industries LtdEquity1.03 Cr0.08%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond1.02 Cr0.07%
Future on Vedanta LtdEquity - Future-0.96 Cr0.07%
Prince Pipes And Fittings Ltd Ordinary SharesEquity0.82 Cr0.06%
Gateway Distriparks LtdEquity0.23 Cr0.02%
SRF LtdEquity0.01 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

31.24%

Mid Cap Stocks

4.90%

Small Cap Stocks

7.50%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services279.21 Cr20.53%
Consumer Cyclical102.53 Cr7.54%
Industrials91.15 Cr6.70%
Basic Materials85.61 Cr6.30%
Healthcare84.15 Cr6.19%
Technology76.15 Cr5.60%
Energy61.39 Cr4.51%
Utilities60.33 Cr4.44%
Consumer Defensive33.87 Cr2.49%
Communication Services32.98 Cr2.43%
Real Estate18.15 Cr1.33%

Risk & Performance Ratios

Standard Deviation

This fund

6.07%

Cat. avg.

5.04%

Lower the better

Sharpe Ratio

This fund

0.69

Cat. avg.

0.40

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.67

Higher the better

Fund Managers

MJ

Mahendra Jajoo

Since December 2018

BS

Bharti Sawant

Since December 2020

Vrijesh Kasera

Vrijesh Kasera

Since October 2019

HB

Harshad Borawake

Since October 2019

Additional Scheme Detailsas of 31st March 2025

ISIN
INF769K01EK1
Expense Ratio
0.37%
Exit Load
1.00%
Fund Size
₹1,360 Cr
Age
6 years 4 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY Equity Savings TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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1Y
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Moderate Risk

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Invesco India Equity Savings Fund Regular Growth

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Invesco India Equity Savings Fund Direct Growth

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0.7%0.0%₹398.78 Cr10.5%
Sundaram Equity Savings Fund Direct Growth

Moderate Risk

0.8%0.0%₹976.11 Cr11.3%
LIC MF Equity Savings Fund Direct Growth

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1.3%1.0%₹19.12 Cr9.4%
ICICI Prudential Equity Savings Fund Regular Growth

Moderate Risk

1.0%0.0%₹12854.84 Cr8.5%
ICICI Prudential Equity Savings Fund Direct Growth

Moderate Risk

0.5%0.0%₹12854.84 Cr9.0%
LIC MF Equity Savings Fund Regular Growth

Moderately High risk

2.3%1.0%₹19.12 Cr8.3%
Aditya Birla Sun Life Equity Savings Fund Regular Growth

Moderate Risk

1.1%0.0%₹631.60 Cr7.9%

About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹1,78,421 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1842.79 Cr13.9%
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3871.78 Cr10.5%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹12344.27 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹36506.79 Cr5.5%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹37778.37 Cr11.5%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1414.58 Cr8.4%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2196.81 Cr8.2%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹7410.54 Cr9.4%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹117.40 Cr8.9%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1737.85 Cr21.5%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.5%1.0%₹8681.51 Cr11.2%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹853.07 Cr7.2%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹95.62 Cr9.2%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹576.22 Cr6.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹757.50 Cr9.3%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1414.66 Cr8.1%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2537.32 Cr9.5%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1840.57 Cr19.9%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹3334.83 Cr8.0%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹101.60 Cr4.2%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹23945.24 Cr9.0%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹71.72 Cr10.2%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹41.28 Cr9.9%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹93.43 Cr72.4%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.4%1.0%₹1359.75 Cr10.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹47.03 Cr9.7%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹291.81 Cr5.9%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹47.69 Cr-10.7%
Mirae Asset Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1049.26 Cr6.6%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹347.46 Cr10.0%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹237.18 Cr12.6%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹90.12 Cr8.2%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.6%1.0%₹2667.40 Cr19.2%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹3111.29 Cr8.0%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹14921.59 Cr3.3%
Mirae Asset Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹1765.74 Cr10.7%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk

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The NAV of Mirae Asset Equity Savings Fund Direct Growth, as of 17-Apr-2025, is ₹20.81.
The fund has generated 10.66% over the last 1 year and 11.06% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 43.29% in equities, 23.06% in bonds, and 33.65% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Equity Savings Fund Direct Growth are:-
  1. Mahendra Jajoo
  2. Bharti Sawant
  3. Vrijesh Kasera
  4. Harshad Borawake

Fund Overview

Fund Size

Fund Size

₹1,360 Cr

Expense Ratio

Expense Ratio

0.37%

ISIN

ISIN

INF769K01EK1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

17 Dec 2018

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk

About this fund

Mirae Asset Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 6 years, 4 months and 2 days, having been launched on 17-Dec-18.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹20.81, Assets Under Management (AUM) of 1359.75 Crores, and an expense ratio of 0.37%.
  • Mirae Asset Equity Savings Fund Direct Growth has given a CAGR return of 12.27% since inception.
  • The fund's asset allocation comprises around 43.29% in equities, 23.06% in debts, and 33.65% in cash & cash equivalents.
  • You can start investing in Mirae Asset Equity Savings Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+10.66%

+7.21% (Cat Avg.)

3 Years

+11.06%

+8.77% (Cat Avg.)

5 Years

+15.11%

+11.83% (Cat Avg.)

Since Inception

+12.27%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity588.67 Cr43.29%
Debt313.57 Cr23.06%
Others457.51 Cr33.65%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset336.85 Cr24.77%
TrepsCash - Repurchase Agreement68.94 Cr5.07%
HDFC Bank LtdEquity60.93 Cr4.48%
ICICI Bank LtdEquity42.13 Cr3.10%
Reliance Industries LtdEquity30.73 Cr2.26%
Tata Consultancy Services LtdEquity28.8 Cr2.12%
Net Receivables / (Payables)Cash28.14 Cr2.07%
6.79% Govt Stock 2034Bond - Gov't/Treasury27.4 Cr2.01%
Axis Bank LtdEquity27.09 Cr1.99%
State Bank of IndiaEquity26.82 Cr1.97%
7.32% Govt Stock 2030Bond - Gov't/Treasury25.96 Cr1.91%
7.18% Govt Stock 2033Bond - Gov't/Treasury25.91 Cr1.91%
Bharti Airtel LtdEquity25.35 Cr1.86%
Rec LimitedBond - Corporate Bond25.15 Cr1.85%
5.63% Govt Stock 2026Bond - Gov't/Treasury24.81 Cr1.82%
Canara BankCash - CD/Time Deposit23.58 Cr1.73%
Mahindra & Mahindra LtdEquity21.93 Cr1.61%
Kotak Mahindra Bank LtdEquity20.72 Cr1.52%
Coal India LtdEquity20.68 Cr1.52%
7.06% Govt Stock 2028Bond - Gov't/Treasury20.34 Cr1.50%
Future on Kotak Mahindra Bank LtdEquity - Future-20.03 Cr1.47%
6.54% Govt Stock 2032Bond - Gov't/Treasury20 Cr1.47%
NTPC LtdEquity19.02 Cr1.40%
Infosys LtdEquity18.91 Cr1.39%
Ambuja Cements LtdEquity18.19 Cr1.34%
Larsen & Toubro LtdEquity17.45 Cr1.28%
Aurobindo Pharma LtdEquity15.29 Cr1.12%
Future on HDFC Bank LtdEquity - Future-15.14 Cr1.11%
Tata Motors LtdEquity15.09 Cr1.11%
Small Industries Development Bank Of IndiaBond - Corporate Bond15.07 Cr1.11%
Bajaj Finance LimitedBond - Corporate Bond15.02 Cr1.10%
Future on Tata Consultancy Services LtdEquity - Future-15.01 Cr1.10%
Future on Tata Power Co LtdEquity - Future-15.01 Cr1.10%
Tata Power Co LtdEquity14.95 Cr1.10%
Future on Hero MotoCorp LtdEquity - Future-14.94 Cr1.10%
Adani Ports & Special Economic Zone LtdEquity14.86 Cr1.09%
Hero MotoCorp LtdEquity14.85 Cr1.09%
SBI Life Insurance Co LtdEquity14.3 Cr1.05%
HDFC Bank LimitedBond - Corporate Bond13.86 Cr1.02%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-13.61 Cr1.00%
Hindustan Aeronautics Ltd Ordinary SharesEquity13.53 Cr1.00%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-13.39 Cr0.98%
Sun Pharmaceuticals Industries LtdEquity13.36 Cr0.98%
Tata Steel LtdEquity13.25 Cr0.97%
Future on Coal India LtdEquity - Future-13.07 Cr0.96%
National Bank For Financing Infrastructure And DevelopmentBond - Corporate Bond12.59 Cr0.93%
Future on Tata Steel Ltd.Equity - Future-11.6 Cr0.85%
Shriram Finance LtdEquity11.58 Cr0.85%
JSW Energy LtdEquity11.52 Cr0.85%
Future on DLF LtdEquity - Future-11.17 Cr0.82%
DLF LtdEquity11.12 Cr0.82%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond11.02 Cr0.81%
Future on ICICI Bank LtdEquity - Future-10.91 Cr0.80%
Bajaj Finance LtdEquity10.48 Cr0.77%
7.26% Govt Stock 2032Bond - Gov't/Treasury10.4 Cr0.76%
7.26% Govt Stock 2033Bond - Gov't/Treasury10.4 Cr0.76%
Future on Axis Bank LtdEquity - Future-10.16 Cr0.75%
Rec LimitedBond - Corporate Bond10.06 Cr0.74%
Muthoot Finance LimitedBond - Corporate Bond10.05 Cr0.74%
TD Power Systems LtdEquity9.96 Cr0.73%
Future on Tata Motors LtdEquity - Future-9.92 Cr0.73%
InterGlobe Aviation LtdEquity9.61 Cr0.71%
Future on Mahindra & Mahindra LtdEquity - Future-9.37 Cr0.69%
ABB India LtdEquity9.1 Cr0.67%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond9.03 Cr0.66%
Glenmark Pharmaceuticals LtdEquity8.51 Cr0.63%
Titan Co LtdEquity8.3 Cr0.61%
Cipla LtdEquity8.25 Cr0.61%
Bank of BarodaEquity8.19 Cr0.60%
Future on Aurobindo Pharma LtdEquity - Future-7.96 Cr0.59%
Vedanta LtdEquity7.92 Cr0.58%
LIC Housing Finance LtdEquity7.59 Cr0.56%
Bajaj Housing Finance LimitedBond - Corporate Bond7.56 Cr0.56%
Oil & Natural Gas Corp LtdEquity7.41 Cr0.54%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-7.32 Cr0.54%
Bharat Electronics LtdEquity7.29 Cr0.54%
Future on Jio Financial Services LtdEquity - Future-7.28 Cr0.54%
Future on JSW Energy LtdEquity - Future-7.26 Cr0.53%
Jio Financial Services LtdEquity7.25 Cr0.53%
ITC LtdEquity7.21 Cr0.53%
Sagility India LtdEquity7.15 Cr0.53%
Future on SBI Life Insurance Co LtdEquity - Future-7.12 Cr0.52%
Future on Cipla LtdEquity - Future-7.05 Cr0.52%
Future on Reliance Industries LtdEquity - Future-7.05 Cr0.52%
Hindustan Unilever LtdEquity7.04 Cr0.52%
Brigade Enterprises LtdEquity7.03 Cr0.52%
Multi Commodity Exchange of India LtdEquity6.87 Cr0.50%
Future on State Bank of IndiaEquity - Future-6.86 Cr0.50%
Future on Jindal Steel & Power LtdEquity - Future-6.86 Cr0.50%
Future on Bank of BarodaEquity - Future-6.85 Cr0.50%
LTIMindtree LtdEquity6.85 Cr0.50%
Jindal Steel & Power LtdEquity6.84 Cr0.50%
OneSource Specialty Pharma LtdEquity6.82 Cr0.50%
Mphasis LtdEquity6.75 Cr0.50%
Future on Ambuja Cements LtdEquity - Future-6.71 Cr0.49%
Future on ABB India LtdEquity - Future-6.53 Cr0.48%
International Gemmological Institute (India) LtdEquity6.51 Cr0.48%
Future on Titan Co LtdEquity - Future-6.46 Cr0.48%
GAIL (India) LtdEquity6.36 Cr0.47%
TVS Motor Co LtdEquity6.23 Cr0.46%
Havells India LtdEquity6.19 Cr0.46%
Future on Aditya Birla Capital LtdEquity - Future-6.12 Cr0.45%
Aditya Birla Capital LtdEquity6.1 Cr0.45%
Godrej Consumer Products LtdEquity5.92 Cr0.44%
HDFC Asset Management Co LtdEquity5.59 Cr0.41%
Indus Towers Ltd Ordinary SharesEquity5.5 Cr0.40%
Future on Bharti Airtel LtdEquity - Future-5.46 Cr0.40%
Eternal LtdEquity5.4 Cr0.40%
Century Plyboards (India) LtdEquity5.36 Cr0.39%
Zensar Technologies LtdEquity5.21 Cr0.38%
Bajaj Housing Finance LimitedBond - Corporate Bond5.02 Cr0.37%
Atul LtdEquity5 Cr0.37%
Mankind Pharma LtdEquity4.95 Cr0.36%
HDFC Bank LimitedBond - Corporate Bond4.92 Cr0.36%
Varun Beverages LtdEquity4.86 Cr0.36%
Hindalco Industries LtdEquity4.78 Cr0.35%
Future on LIC Housing Finance LtdEquity - Future-4.76 Cr0.35%
Craftsman Automation LtdEquity4.69 Cr0.34%
Syngene International LtdEquity4.64 Cr0.34%
Future on Maruti Suzuki India LtdEquity - Future-4.56 Cr0.34%
Power Finance Corp LtdEquity4.56 Cr0.34%
Maruti Suzuki India LtdEquity4.55 Cr0.33%
Power Finance Corporation Ltd.Bond - Corporate Bond4.49 Cr0.33%
Schaeffler India LtdEquity4.48 Cr0.33%
Mahanagar Gas LtdEquity4.43 Cr0.33%
Future on JSW Steel LtdEquity - Future-4.17 Cr0.31%
JSW Steel LtdEquity4.16 Cr0.31%
L&T Finance LtdEquity4.16 Cr0.31%
TBO Tek LtdEquity4.14 Cr0.30%
Eicher Motors LtdEquity4.13 Cr0.30%
Gujarat State Petronet LtdEquity4.05 Cr0.30%
Future on Oil & Natural Gas Corp LtdEquity - Future-3.81 Cr0.28%
Go Digit General Insurance LtdEquity3.73 Cr0.27%
Future on LTIMindtree LtdEquity - Future-3.71 Cr0.27%
KFin Technologies LtdEquity3.67 Cr0.27%
AWL Agri Business LtdEquity3.62 Cr0.27%
Future on Tech Mahindra LtdEquity - Future-3.58 Cr0.26%
Tech Mahindra LtdEquity3.57 Cr0.26%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond3.5 Cr0.26%
Lupin LtdEquity3.42 Cr0.25%
Arvind LtdEquity3.32 Cr0.24%
IndusInd Bank LtdEquity3.3 Cr0.24%
Krishna Institute of Medical Sciences LtdEquity3.28 Cr0.24%
Deepak Nitrite LtdEquity3.25 Cr0.24%
Future on NTPC LtdEquity - Future-3.18 Cr0.23%
Future on Hindustan Unilever LtdEquity - Future-3.06 Cr0.23%
Future on Zydus Lifesciences LtdEquity - Future-3.04 Cr0.22%
Zydus Lifesciences LtdEquity3.03 Cr0.22%
Grasim Industries LtdEquity2.92 Cr0.21%
Go Fashion (India) LtdEquity2.82 Cr0.21%
Apollo Hospitals Enterprise LtdEquity2.8 Cr0.21%
IIFL Finance LtdEquity2.73 Cr0.20%
Future on InterGlobe Aviation LtdEquity - Future-2.68 Cr0.20%
Sai Life Sciences LtdEquity2.64 Cr0.19%
Bharat Petroleum Corp LtdEquity2.58 Cr0.19%
REC LtdEquity2.58 Cr0.19%
CARE Ratings LtdEquity2.54 Cr0.19%
Future on HCL Technologies LtdEquity - Future-2.4 Cr0.18%
HCL Technologies LtdEquity2.4 Cr0.18%
Greenply Industries LtdEquity2.28 Cr0.17%
Future on Asian Paints LtdEquity - Future-2.2 Cr0.16%
Asian Paints LtdEquity2.2 Cr0.16%
Future on Tata Communications LtdEquity - Future-2.14 Cr0.16%
Tata Communications LtdEquity2.13 Cr0.16%
Delhivery LtdEquity2.1 Cr0.15%
Future on ACC LtdEquity - Future-1.93 Cr0.14%
ACC LtdEquity1.92 Cr0.14%
Avenue Supermarts LtdEquity1.89 Cr0.14%
Future on Dabur India LtdEquity - Future-1.78 Cr0.13%
Dabur India LtdEquity1.77 Cr0.13%
Future on United Spirits LtdEquity - Future-1.57 Cr0.12%
United Spirits LtdEquity1.57 Cr0.12%
Crompton Greaves Consumer Electricals LtdEquity1.5 Cr0.11%
Sona BLW Precision Forgings LtdEquity1.1 Cr0.08%
Future on PI Industries LtdEquity - Future-1.03 Cr0.08%
PI Industries LtdEquity1.03 Cr0.08%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond1.02 Cr0.07%
Future on Vedanta LtdEquity - Future-0.96 Cr0.07%
Prince Pipes And Fittings Ltd Ordinary SharesEquity0.82 Cr0.06%
Gateway Distriparks LtdEquity0.23 Cr0.02%
SRF LtdEquity0.01 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

31.24%

Mid Cap Stocks

4.90%

Small Cap Stocks

7.50%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services279.21 Cr20.53%
Consumer Cyclical102.53 Cr7.54%
Industrials91.15 Cr6.70%
Basic Materials85.61 Cr6.30%
Healthcare84.15 Cr6.19%
Technology76.15 Cr5.60%
Energy61.39 Cr4.51%
Utilities60.33 Cr4.44%
Consumer Defensive33.87 Cr2.49%
Communication Services32.98 Cr2.43%
Real Estate18.15 Cr1.33%

Risk & Performance Ratios

Standard Deviation

This fund

6.07%

Cat. avg.

5.04%

Lower the better

Sharpe Ratio

This fund

0.69

Cat. avg.

0.40

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.67

Higher the better

Fund Managers

MJ

Mahendra Jajoo

Since December 2018

BS

Bharti Sawant

Since December 2020

Vrijesh Kasera

Vrijesh Kasera

Since October 2019

HB

Harshad Borawake

Since October 2019

Additional Scheme Detailsas of 31st March 2025

ISIN
INF769K01EK1
Expense Ratio
0.37%
Exit Load
1.00%
Fund Size
₹1,360 Cr
Age
6 years 4 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY Equity Savings TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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1Y
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Moderate Risk

0.6%0.0%₹34.63 Cr-
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Moderate Risk

0.6%0.0%₹624.03 Cr9.0%
Invesco India Equity Savings Fund Regular Growth

Moderately High risk

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Invesco India Equity Savings Fund Direct Growth

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Sundaram Equity Savings Fund Direct Growth

Moderate Risk

0.8%0.0%₹976.11 Cr11.3%
LIC MF Equity Savings Fund Direct Growth

Moderately High risk

1.3%1.0%₹19.12 Cr9.4%
ICICI Prudential Equity Savings Fund Regular Growth

Moderate Risk

1.0%0.0%₹12854.84 Cr8.5%
ICICI Prudential Equity Savings Fund Direct Growth

Moderate Risk

0.5%0.0%₹12854.84 Cr9.0%
LIC MF Equity Savings Fund Regular Growth

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About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹1,78,421 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1842.79 Cr13.9%
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3871.78 Cr10.5%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹12344.27 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹36506.79 Cr5.5%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹37778.37 Cr11.5%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1414.58 Cr8.4%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2196.81 Cr8.2%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹7410.54 Cr9.4%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹117.40 Cr8.9%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1737.85 Cr21.5%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.5%1.0%₹8681.51 Cr11.2%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹853.07 Cr7.2%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹95.62 Cr9.2%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹576.22 Cr6.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹757.50 Cr9.3%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1414.66 Cr8.1%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2537.32 Cr9.5%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1840.57 Cr19.9%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹3334.83 Cr8.0%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹101.60 Cr4.2%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹23945.24 Cr9.0%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹71.72 Cr10.2%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹41.28 Cr9.9%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹93.43 Cr72.4%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.4%1.0%₹1359.75 Cr10.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹47.03 Cr9.7%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹291.81 Cr5.9%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹47.69 Cr-10.7%
Mirae Asset Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1049.26 Cr6.6%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹347.46 Cr10.0%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹237.18 Cr12.6%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹90.12 Cr8.2%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.6%1.0%₹2667.40 Cr19.2%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹3111.29 Cr8.0%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹14921.59 Cr3.3%
Mirae Asset Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹1765.74 Cr10.7%

Still got questions?
We're here to help.

The NAV of Mirae Asset Equity Savings Fund Direct Growth, as of 17-Apr-2025, is ₹20.81.
The fund has generated 10.66% over the last 1 year and 11.06% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 43.29% in equities, 23.06% in bonds, and 33.65% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Equity Savings Fund Direct Growth are:-
  1. Mahendra Jajoo
  2. Bharti Sawant
  3. Vrijesh Kasera
  4. Harshad Borawake
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