Mirae Asset Equity Savings Fund consistently outperforms its peers, with only a few instances of neck-to-neck performances in 2022 and 2023. The fund has had a decent year, achieving 3.86 per cent returns, just slightly behind the average peer return of 3.95 per cent. Upon closer examination, the fund faced some challenges in the first two months of 2023 but performed well in April and May when the equity market rallied. With its allocation of nearly 40 per cent in equities, slightly higher than its peers, the fund is more reactive to short-term market move
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