
This fund is doing loads of good to the already-established reputation of the Mirae fund family. Even though last year turned out to be a rare mediocre one for many of the fund house's equity-oriented funds, Mirae Asset Equity Savings remained a standout. Even though the fund fell more than an average peer in the first six months when the equity markets corrected, it rode on the crest of the subsequent recovery to claim top spot in the last six months, delivering 8.65 per cent. Overall, it yet again managed to sign off the full year on a happy note by staying ahead of an average peer, making it four in a row. Why it performed well The fund profited from its investments in select banking stocks (Axis Bank and State Bank of India) and FMCG companies like ITC and Hindustan Unilever. The fund also benefited a lot from its holding in Ambuja Cements, an Adani stock. Tha
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