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Fund Overview of Mirae Asset Equity Savings Fund Direct-growth
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₹1,949.7 CrAUM
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₹22.70NAV
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0.72%Expense Ratio
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HybridFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mirae Asset Equity Savings Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 3.22% | NA | 2.16% |
| 6 Months | 1.75% | NA | 6.52% |
| 1 Year | 5.57% | 5.57% | 5.99% |
| 2 Years | 15.87% | 7.65% | 11.48% |
| 3 Years | 37.15% | 11.10% | 11.07% |
| 5 Years | 60.65% | 9.94% | 11.50% |
| 7 Years | 115.50% | 11.59% | NA |
Compare Mirae Asset Equity Savings Fund Direct-growth with other mutual funds in the same category
Mirae Asset Equity Savings Fund Direct-growth
HSBC Equity Savings Fund Direct-growth
HSBC Equity Savings Fund Direct-idcw Monthly
Asset Allocation
equities
37.95%debt instruments
27.03%other assets or cash equivalents
35.02%Mirae Asset Equity Savings Fund Direct-growth is one Hybrid mutual fund offered by Mirae Asset Mutual Fund. Launched on 17 Dec 2018, the fund aims Capital appreciation and income distribution. Investment in equity and equity related instrument, arbitrage opportunities and debt and money market instruments. It manages assets worth ₹1,949.7 crore as on Sun May 31, 2026. The expense ratio stands at 0.72%. Fund Manager Manager Education Fund Manager Manager Education Fund Manager Manager Education Fund Manager Manager EducationAbout Mirae Asset Equity Savings Fund Direct-growth
The portfolio allocation consists of 37.95% in equities, 27.03% in debt instruments, 35.02% in other assets or cash equivalents.Managed by Mahendra Kumar Jajoo, it has delivered a return of 5.57% in the last year, a total return since inception of 11.54%.
Based on investment horizon individuals often evaluate best sip investment during the overall investment planning.
Key Metrics of Mirae Asset Equity Savings Fund Direct-growth
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Standard Deviation6.34%
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Sharpe Ratio0.76%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
HSBC Equity Savings Fund Direct-growth  |
₹1,016 | 2.13% | 6.99% | 12.93% | 14.00% | 11.98% |
| HSBC Equity Savings Fund Direct-idcw Monthly |
₹1,016 | 2.13% | 6.99% | 12.93% | 14.00% | 11.98% |
| HSBC Equity Savings Fund Direct-idcw Quarterly |
₹1,016 | 2.13% | 6.99% | 12.93% | 14.00% | 11.98% |
| HSBC Equity Savings Fund-growth |
₹1,016 | 2.05% | 6.76% | 11.98% | 13.01% | 11.00% |
| HSBC Equity Savings Fund-idcw Monthly |
₹1,016 | 2.05% | 6.76% | 11.98% | 13.01% | 11.00% |
| HSBC Equity Savings Fund-idcw Quarterly |
₹1,016 | 2.05% | 6.76% | 11.98% | 13.01% | 11.00% |
| Kotak Equity Savings Fund Direct-growth |
₹10,108 | 0.53% | 3.16% | 6.19% | 11.06% | 10.64% |
| Kotak Equity Savings Fund Direct-idcw Monthly |
₹10,108 | 0.53% | 3.16% | 6.19% | 11.06% | 10.64% |
| Edelweiss Equity Savings Fund Direct-growth |
₹1,365 | 1.34% | 4.38% | 8.29% | 11.83% | 10.20% |
| Edelweiss Equity Savings Fund Direct-idcw |
₹1,365 | 1.34% | 4.38% | 8.29% | 11.83% | 10.20% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mirae Asset Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Mirae Asset Equity Savings Fund Regular-growth
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₹1,950 | 1.23% | 2.96% | 1.24% | 4.52% | 10.01% |
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Mirae Asset Equity Savings Fund Regular-idcw
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₹1,950 | 1.23% | 2.96% | 1.24% | 4.52% | 10.01% |
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Mirae Asset Equity Savings Fund Direct-idcw
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₹1,950 | 1.33% | 3.22% | 1.75% | 5.57% | 11.10% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Equity Savings Fund-growth |
₹16,733 | ₹23.09 | 7.25% | 7.24% | 7.87% |
| ICICI Prudential Equity Savings Fund Direct-growth |
₹16,733 | ₹24.89 | 7.76% | 7.78% | 8.53% |
| ICICI Prudential Equity Savings Fund-idcw Quarterly |
₹16,733 | ₹13.05 | 7.25% | 7.24% | 7.87% |
| ICICI Prudential Equity Savings Fund Direct-idcw Quarterly |
₹16,733 | ₹15.56 | 7.76% | 7.78% | 8.53% |
| Kotak Equity Savings Fund Direct-growth |
₹10,108 | ₹30.09 | 11.06% | 10.64% | 10.21% |
| Kotak Equity Savings Fund Regular-growth |
₹10,108 | ₹27.13 | 9.86% | 9.47% | 9.19% |
| Kotak Equity Savings Fund Direct-idcw Monthly |
₹10,108 | ₹21.60 | 11.06% | 10.64% | 10.21% |
| Kotak Equity Savings Fund Regular-idcw Monthly |
₹10,108 | ₹19.86 | 9.86% | 9.47% | 9.19% |
| HDFC Equity Savings Fund Regular-growth |
₹5,644 | ₹67.16 | 8.52% | 8.14% | 9.31% |
| HDFC Equity Savings Direct Plan-growth |
₹5,644 | ₹75.83 | 9.54% | 9.14% | 10.45% |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Cash Margin | Unspecified | 29.14% | ₹568.19 Cr |
| Hdfc Bank Ltd | Financial | 3.98% | ₹77.58 Cr |
| Repo | Unspecified | 3.63% | ₹70.73 Cr |
| Icici Bank Ltd | Financial | 3.18% | ₹62.09 Cr |
| 7.90% Lic Housing Finance Ltd Ncd 23-06-2027 | Financial | 2.56% | ₹49.95 Cr |
| Muthoot Finance Limited Op I 7.88 Ncd 22nv28 Fvrs1lac | Financial | 2.52% | ₹49.15 Cr |
| Net Receivables | Unspecified | 2.25% | ₹43.90 Cr |
| Reliance Industries Ltd | Energy & Utilities | 2.20% | ₹42.94 Cr |
| Bharti Airtel Ltd | Technology | 2.15% | ₹41.82 Cr |
| Axis Bank Ltd | Financial | 2.05% | ₹39.96 Cr |
| Torrent Pharmaceuticals Ltd Sr 1 7.45 Ncd 19jn28 Fvrs1lac | Healthcare | 2.03% | ₹39.53 Cr |
| State Bank Of India | Financial | 1.99% | ₹38.72 Cr |
| Larsen & Toubro Ltd | Industrials | 1.65% | ₹32.25 Cr |
| Mahindra & Mahindra Ltd | Consumer Discretionary | 1.41% | ₹27.59 Cr |
| Tata Steel Ltd | Materials | 1.41% | ₹27.55 Cr |
| Government Of India 35031 Goi 07ot34 6.79 Fv Rs 100 | Entities | 1.36% | ₹26.58 Cr |
| Government Of India 33618 Goi 13nv30 7.32 Fv Rs 100 | Entities | 1.31% | ₹25.60 Cr |
| Goi Sec 7.18 14/08/2033 | Entities | 1.29% | ₹25.22 Cr |
| Bharti Telecom Limited Sr Xvii 8.95 Ncd 04dc26 Fvrs1lac | Technology | 1.28% | ₹25.04 Cr |
| Piramal Finance Limited 8.75 Ncd 29oct27 Fvrs1lac | Financial | 1.28% | ₹24.86 Cr |
Top Hybrid Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| HSBC Equity Savings Fund Direct-growth |
₹40.63 | 14.00% | 11.98% | - |
| HSBC Equity Savings Fund Direct-idcw Monthly |
₹17.66 | 14.00% | 11.98% | - |
| HSBC Equity Savings Fund Direct-idcw Quarterly |
₹18.50 | 14.00% | 11.98% | - |
| HSBC Equity Savings Fund-growth |
₹36.34 | 13.01% | 11.00% | - |
| HSBC Equity Savings Fund-idcw Monthly |
₹15.49 | 13.01% | 11.00% | - |
| HSBC Equity Savings Fund-idcw Quarterly |
₹16.62 | 13.01% | 11.00% | - |
| Kotak Equity Savings Fund Direct-growth |
₹30.09 | 11.06% | 10.64% | - |
| Kotak Equity Savings Fund Direct-idcw Monthly |
₹21.60 | 11.06% | 10.64% | - |
| Edelweiss Equity Savings Fund Direct-growth |
₹29.73 | 11.83% | 10.20% | - |
| Edelweiss Equity Savings Fund Direct-idcw |
₹21.61 | 11.83% | 10.20% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mirae Asset Equity Savings Fund Direct-growth
What is the current AUM of Mirae Asset Equity Savings Fund Direct-growth?
As of Sun May 31, 2026, Mirae Asset Equity Savings Fund Direct-growth manages assets worth ₹1,949.7 crore
How has Mirae Asset Equity Savings Fund Direct-growth performed recently?
- 3 Months: 3.22%
- 6 Months: 1.75%
What is the long-term performance of Mirae Asset Equity Savings Fund Direct-growth?
- 3 Years CAGR: 11.10%
- 5 Years CAGR: 9.94%
- Since Inception: 11.54%
What is the portfolio composition of Mirae Asset Equity Savings Fund Direct-growth?
Equity: 37.95%, Debt: 27.03%, Others: 35.02%.
Who manages Mirae Asset Equity Savings Fund Direct-growth?
Mirae Asset Equity Savings Fund Direct-growth is managed by Mahendra Kumar Jajoo from Mirae Asset Mutual Fund.
What is the market-cap allocation of Mirae Asset Equity Savings Fund Direct-growth?
Large Cap: 71.31%, Mid Cap: 17.26%, Small Cap: 11.43%.
Which are the top companies Mirae Asset Equity Savings Fund Direct-growth has invested in?
- Cash Margin – 29.14% of the fund's portfolio
- HDFC Bank Ltd – 3.98% of the fund's portfolio
- Repo – 3.63% of the fund's portfolio
- ICICI Bank Ltd – 3.18% of the fund's portfolio
- 7.90% LIC Housing Finance Ltd NCD 23-06-2027 – 2.56% of the fund's portfolio
Which are the major sectors Mirae Asset Equity Savings Fund Direct-growth focuses on?
- Unspecified – 35.02% of the fund's portfolio
- Financial – 17.56% of the fund's portfolio
- Entities – 3.97% of the fund's portfolio
- Technology – 3.43% of the fund's portfolio
- Energy & Utilities – 2.20% of the fund's portfolio
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