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|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Mirae Asset Equity Savings Fund - Direct Plan
|
Moderately High
|
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0.36 |
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|
Low to Moderate
|
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0.50 |
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|
Moderately High
|
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0.69 |
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|
Moderate
|
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0.65 |
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|
Moderate
|
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0.63 |
₹1,901 Cr
1.00 (90)
5,000
--
99
5
About Mirae Asset Equity Savings Fund - Direct Plan
Mirae Asset Equity Savings Fund - Direct Plan is a hybrid mutual fund scheme of Mirae Asset Mutual Fund. Launched on December 17, 2018, it is currently managed by Bharti Sawant, Harshad Borawake, Vrijesh Kasera and Basant Bafna. The fund has an expense ratio of 0.36% with an overall AUM (Assets Under Management) of ₹1,901 Cr.
Mirae Asset Equity Savings Fund - Direct Plan invests about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹99.
Investment Strategy
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.
Suitability
Equity Savings funds are suitable for investors:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Mirae Asset Equity Savings Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Mirae Asset Equity Savings Fund - Direct Plan can be bought from the Mirae Asset Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Mirae Asset Equity Savings Fund - Direct Plan, is ₹21.8380 as of 20-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
Muthoot Finance Ltd NCD 7.88 22/11/2028 |
2.63
|
|
Torrent Pharmaceuticals Ltd SR 1 Debenture 7.45 19/01/2028 |
2.10
|
|
GOI Sec 6.79 07/10/2034 |
1.43
|
|
GOI Sec 7.32 13/11/2030 |
1.37
|
|
GOI Sec 7.18 14/08/2033 |
1.36
|
Over the past five years, Mirae Asset Equity Savings Fund - Direct Plan has delivered an annualised return of 10.18% as of 20-Mar-2026.
The minimum investment required to start investing in Mirae Asset Equity Savings Fund - Direct Plan is ₹5,000 for the lump sum option and ₹99 for the SIP (Systematic Investment Plan) option.