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3 Year return

14.23%
Launched on November 2018 (7 years)

Investment Details

₹99

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹1442.49 Cr.

Expense Ratio

0.4% (inclusive of GST)

Exit Load

15% of the units allotted (including Switch-in/STP - in on or before completion of 90 days from the date of allotment of units: Nil. 1.00% - If redeemed within 90 days from the date of allotment. Nil - If redeemed after 90 days from the date of allotment.

Ratings

ARQ Rating
3.5

Ratings by other agencies

5
0
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings
Top Holdings% of Asset
HDFC Bank Ltd4.73%
ICICI Bank Ltd3.18%
Reliance Industries Ltd2.41%
Axis Bank Ltd2.08%
Tata Consultancy Services Ltd1.97%
Others85.63%
Other Holdings% of Asset
State Bank of India1.95%
Bharti Airtel Ltd1.87%
REC Ltd1.81%
Power Finance Corporation Ltd1.80%
Mahindra & Mahindra Ltd1.72%
Larsen & Toubro Ltd1.53%
Kotak Mahindra Bank Ltd1.50%
Infosys Ltd1.45%
Coal India Ltd1.43%
NTPC Ltd1.34%
Ambuja Cements Ltd1.25%
Sun Pharmaceutical Industries Ltd1.21%
SBI Life Insurance Company Ltd1.16%
Aurobindo Pharma Ltd1.15%
Tata Power Company Ltd1.09%
Adani Ports & Special Economic Zone Ltd1.09%
Hero MotoCorp Ltd1.09%
Bajaj Finance Ltd1.07%
Hindustan Aeronautics Ltd1.04%
HDFC Bank Ltd1.00%
Tata Motors Ltd0.92%
Tata Steel Ltd0.86%
Mahanagar Telephone Nigam Ltd0.79%
DLF Ltd0.79%
Shriram Finance Ltd0.77%
Eicher Motors Ltd0.75%
JSW Energy Ltd0.73%
REC Ltd0.72%
Muthoot Finance Ltd0.72%
Interglobe Aviation Ltd0.70%
Hindustan Unilever Ltd0.69%
TD Power Systems Ltd0.68%
Bajaj Finance Ltd0.67%
ABB India Ltd0.65%
Titan Company Ltd0.65%
Bank of Baroda0.64%
Vedanta Ltd0.62%
Jio Financial Services Ltd0.59%
LIC Housing Finance Ltd0.58%
Cipla Ltd0.58%
Oil & Natural Gas Corpn Ltd0.58%
Multi Commodity Exchange of India Ltd0.56%
Bajaj Housing Finance Ltd0.55%
Glenmark Pharmaceuticals Ltd0.54%
Brigade Enterprises Ltd0.53%
ITC Ltd0.53%
LTIMindtree Ltd0.50%
Eternal Ltd0.50%
TVS Motor Company Ltd0.49%
Sagility India Ltd0.49%
Mphasis Ltd0.48%
Jindal Steel & Power Ltd0.48%
Havells India Ltd0.46%
Godrej Consumer Products Ltd0.46%
Aditya Birla Capital Ltd0.46%
OneSource Specialty Pharma Ltd0.45%
Bharat Electronics Ltd0.43%
International Gemmological Institute (India) Ltd0.42%
Atul Ltd0.39%
Zensar Technologies Ltd0.38%
GAIL (India) Ltd0.38%
Century Plyboards (India) Ltd0.38%
HDFC Asset Management Company Ltd0.36%
Bajaj Housing Finance Ltd0.36%
Schaeffler India Ltd0.33%
Bajaj Finserv Ltd0.33%
Gujarat State Petronet Ltd0.32%
L&T Finance Ltd0.32%
Craftsman Automation Ltd0.32%
Power Finance Corporation Ltd0.32%
Power Finance Corporation Ltd0.32%
Mahanagar Gas Ltd0.31%
Hindalco Industries Ltd0.31%
IndusInd Bank Ltd0.30%
Indus Towers Ltd0.29%
JSW Steel Ltd0.29%
Maruti Suzuki India Ltd0.28%
TBO Tek Ltd0.28%
Varun Beverages Ltd0.28%
Arvind Ltd0.27%
Tech Mahindra Ltd0.27%
AWL Agri Business Ltd0.27%
Go Digit General Insurance Ltd0.26%
Lupin Ltd0.25%
Go Fashion (India) Ltd0.24%
Krishna Institute of Medical Sciences Ltd0.24%
Deepak Nitrite Ltd0.23%
Zydus Lifesciences Ltd0.22%
Grasim Industries Ltd0.22%
Mankind Pharma Ltd0.21%
Apollo Hospitals Enterprise Ltd0.21%
Bharat Petroleum Corporation Ltd0.20%
CARE Ratings Ltd0.20%
Avenue Supermarts Ltd0.19%
REC Ltd0.18%
Delhivery Ltd0.18%
Greenply Industries Ltd0.17%
HCL Technologies Ltd0.17%
Sai Life Sciences Ltd0.17%
Syngene International Ltd0.16%
KFin Technologies Ltd0.16%
Asian Paints Ltd0.16%
Tata Communications Ltd0.15%
ACC Ltd0.13%
Dabur India Ltd0.12%
United Spirits Ltd0.12%
Crompton Greaves Consumer Electricals Ltd0.10%
Sona BLW Precision Forgings Ltd0.08%
P I Industries Ltd0.08%
Prince Pipes & Fittings Ltd0.06%
Gateway Distriparks Ltd0.02%

Mirae Asset Mutual Fund Managers

HB

Harshad Borawake

Fund Manager since Oct 2019

View Details

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund Asset management company

AUM ₹190,636.93 Cr.
No. of Schemes 140
Setup Date November 2007

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

Sundaram Equity Savings Fund

15.1219%

5

HSBC Equity Savings Fund

14.7791%

3

Mirae Asset Equity Savings Fund

14.2369%

3.5

Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

Key Features of The Fund

5-year return 14.86%
Expense Ratio 0.4%
Fund Manager Harshad Borawake
Fund Size ₹1442.49 Cr
Risk Profile Moderately High

AMC Contact Details

Name Mirae Asset Mutual Fund
Launch Date November 2007
Addresss Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098.
Contact 1800-2090-777
Email customercare@miraeasset.com
Website https://www.miraeassetmf.co.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Reach Your Goals Faster with SIP

Many investors choose Systematic Investment Plans (SIPs) to invest in mutual funds. SIPs allow for disciplined investing by setting up a fixed amount to be invested regularly. This approach helps average out the cost per unit over time and reduces the impact of market volatility. To plan your SIP investment and estimate potential returns, try Angel One's free SIP investment calculator.

FAQs

What is today's NAV of Mirae Asset Equity Savings Fund Direct IDCW Payout?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Equity Savings Fund Direct IDCW Payout on Jun 30 2025, is ₹14.17

What is the AUM of Mirae Asset Equity Savings Fund Direct IDCW Payout?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Equity Savings Fund Direct IDCW Payout, is ₹1442.49 crore.

What is the expense ratio of Mirae Asset Equity Savings Fund Direct IDCW Payout?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mirae Asset Equity Savings Fund Direct IDCW Payout is 0.4%

What are the returns of Mirae Asset Equity Savings Fund Direct IDCW Payout since inception?

The Mirae Asset Equity Savings Fund Direct IDCW Payout was launched on Nov 26 2018. The fund has delivered a CAGR of 12.65 since inception.

What is the minimum SIP amount to invest in Mirae Asset Equity Savings Fund Direct IDCW Payout?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Equity Savings Fund Direct IDCW Payout is ₹99.

How do I invest in Mirae Asset Equity Savings Fund Direct IDCW Payout?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mirae Asset Equity Savings Fund Direct IDCW Payout?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mirae Asset Equity Savings Fund Direct IDCW Payout?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mirae Asset Equity Savings Fund Direct IDCW Payout?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

FAQs

What is today's NAV of Mirae Asset Equity Savings Fund Direct IDCW Payout?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Equity Savings Fund Direct IDCW Payout on Jun 30 2025, is ₹14.17

What is the AUM of Mirae Asset Equity Savings Fund Direct IDCW Payout?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Equity Savings Fund Direct IDCW Payout, is ₹1442.49 crore.

What is the expense ratio of Mirae Asset Equity Savings Fund Direct IDCW Payout?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mirae Asset Equity Savings Fund Direct IDCW Payout is 0.4%

What are the returns of Mirae Asset Equity Savings Fund Direct IDCW Payout since inception?

The Mirae Asset Equity Savings Fund Direct IDCW Payout was launched on Nov 26 2018. The fund has delivered a CAGR of 12.65 since inception.

What is the minimum SIP amount to invest in Mirae Asset Equity Savings Fund Direct IDCW Payout?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Equity Savings Fund Direct IDCW Payout is ₹99.

How do I invest in Mirae Asset Equity Savings Fund Direct IDCW Payout?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mirae Asset Equity Savings Fund Direct IDCW Payout?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mirae Asset Equity Savings Fund Direct IDCW Payout?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mirae Asset Equity Savings Fund Direct IDCW Payout?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.