1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
"Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year."
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
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Mirae Asset Equity Savings Fund Reg-G | -3.94 | 0.36 | -0.78 | -4.09 | -3.58 | -4.82 | 5.87 | 11.14 | -- | -- | -- |
VR MIP TRI | -3.84 | -0.12 | -1.23 | -3.92 | -3.92 | -5.35 | 4.18 | 7.99 | -- | -- | -- |
Hybrid: Equity Savings | -2.78 | 0.21 | -0.77 | -3.42 | -2.82 | -3.75 | 5.57 | 7.83 | -- | -- | -- |
Rank within category | 17 | 3 | 13 | 17 | 17 | 17 | 11 | 1 | -- | -- | -- |
Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 21 | 14 | 7 | 1 |
As on 16-May-2022
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Mirae Asset Equity Savings Fund - Regular Plan | Invest Online | Dec-18 | 5.87 | 11.14 | -- | 1.43% | 533 | |
SBI Equity Savings Fund - Regular Plan | Invest Online | May-15 | 5.29 | 9.43 | 7.24 | 1.19% | 2,362 | |
Kotak Equity Savings Fund - Regular Plan | Invest Online | Oct-14 | 8.86 | 9.04 | 8.12 | 2.14% | 1,854 | |
Axis Equity Saver Fund - Regular Plan | Aug-15 | 4.91 | 7.78 | 7.33 | 2.23% | 1,238 | |
Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Regular Plan | Feb-17 | 7.49 | 10.72 | 7.15 | 2.57% | 424 |
Best Performance | Worst Performance | |||
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Return (%) | Period | Return (%) | Period | |
Week | 4.87 | 24-Mar-2020 - 31-Mar-2020 | -8.81 | 16-Mar-2020 - 23-Mar-2020 |
Month | 9.68 | 23-Mar-2020 - 22-Apr-2020 | -18.25 | 20-Feb-2020 - 23-Mar-2020 |
Quarter | 16.45 | 23-Mar-2020 - 22-Jun-2020 | -17.29 | 23-Dec-2019 - 23-Mar-2020 |
Year | 42.97 | 23-Mar-2020 - 23-Mar-2021 | -10.46 | 22-Mar-2019 - 23-Mar-2020 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Mirae Asset Equity Savings Fund Reg-G | 11.68 | 9.71 | 0.84 | 0.89 | 1.34 | 1.40 |
VR MIP TRI | 8.58 | 6.80 | 0.74 | 0.90 | -- | -- |
Hybrid: Equity Savings | 8.35 | 9.10 | 0.55 | 0.58 | 1.23 | -1.40 |
Rank within category | 1 | 15 | 2 | 2 | 14 | 2 |
Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Apr-2022
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Number of Stocks | 94 |
Number of Bonds | 8 |
Average Maturity (yrs) | 4.08 |
Top 10 Holdings (%) | 40.31 |
Portfolio P/B Ratio | 3.36 |
Portfolio P/E Ratio | 23.32 |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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5.63% GOI 2026 | GOI Securities | SOV | 0.00 - 13.42 | 10.92 |
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5.74% GOI 15/11/2026 | GOI Securities | SOV | 0.00 - 3.62 | 3.62 |
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6.54% GOI 17/01/2032 | GOI Securities | SOV | 0.00 - 3.60 | 3.60 |
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6.18% GOI 2024 | GOI Securities | SOV | 2.84 - 6.55 | 2.84 |
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Reserve Bank of India 364-D 19/08/2022 | Treasury Bills | SOV | 0.00 - 2.94 | 1.85 |
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3.96% GOI 2022 | GOI Securities | SOV | 0.00 - 1.34 | 0.94 |
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8.25% IIFL Finance 14/10/2023 | Debenture | -- | 0.00 - 1.02 | 0.93 |
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Reserve Bank of India 364-D 25/08/2022 | Treasury Bills | SOV | 0.00 - 1.30 | 0.93 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
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Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2022
— Harshad Borawake since 12-Oct-2019
Education: Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience: Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
Funds Managed:
— Bharti Sawant since 28-Dec-2020
Education: Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com.
Experience: Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.
Funds Managed:
— Vrijesh Kasera since 12-Oct-2019
Education: Mr. Kasera is a MBA (Finance), CFA (ICFAI).
Experience: Prior to joining Mirae Asset Mutual Fund, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.
Funds Managed:
— Mahendra Kumar Jajoo since 26-Nov-2018
Education: Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience: Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Funds Managed:
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.
Min. Investment (₹) | 5,000 |
Min. Addl Investment (₹) | 1,000 |
Min. SIP Investment (₹) | 1,000 |
Min. No of Cheques | 5 |
Min. Withdrawal (₹) | -- |
Min. Balance (₹) | -- |
Lock-in Period | Not Applicable |
Exit Load | For units in excess of 15% of the investment,1% will be charged for redemption within 365 days |
Fund House: | Mirae Asset Mutual Fund |
Launch Date: | 18-Dec-2018 |
Return Since Launch: | 10.49% |
Benchmark: | NIFTY Equity Savings TRI |
Riskometer: | Moderately High |
Type: | Open-ended |
Assets: | ₹ 533 Cr (As on 30-Apr-2022) |
Expense: | 1.43% (As on 30-Apr-2022) |
Risk Grade: | Average |
Return Grade: | High |
Turnover: | 524.00% |
Plan | Record Date | Dividend (₹ / Unit) | |||||
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IDCW | 22-Mar-2022 | 1.1000 | |||||
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AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.
Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098
Phone: 022-67800301 / 1800-2090-777
Website: http://www.miraeassetmf.co.in
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com