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mirae asset equity savings fund direct growth
Mirae Asset Equity Savings Fund Direct Growth

Mirae Asset Equity Savings Fund Direct Growth

  • Moderately High risk
  • Allocation
  • Equity Savings
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NAV as on Nov 26, 2025
i
Price per unit of the scheme.
₹ 22.40800.49%1 Day Change
1.10%
Minimum Investment₹5000
Expense Ratio0.45%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
5
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Mirae Asset Equity Savings Fund Direct Growth
VS
Allocation: Equity Savings Average NAV
    Topper in Allocation: Equity Savings
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Mirae Asset Equity Savings Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    NIFTY Equity Savings TR INR
    Expense Ratio
    0.45%
    Category Avg Expense Ratio
    0.71%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 1,732.38 Cr(As on Oct, 2025)
    Inception Date
    Dec 17, 2018
    Turnover
    602.00 %
    Exit Load
    Exit load: I. For investors who have opted forSWP under the plan:a) 15% of the units allotted (including Switchin/STP-in) on or before completion of 90 daysfrom the date of allotment of units: Nil.b) Any redemption in excess of such limits inthe first 90 days from the date of allotmentshall be subject to the following exit load:(Redemption of units would bedone on First in First Out Basis (FIFO): -If redeemed within 90 days from the date ofallotment: 1%-If redeemed after 90 days from the date ofallotment: NILII. Other Redemptions: For Investors who havenot opted for SWP under the plan (includingSwitch out, STP out):-If redeemed within 90 days from the date ofallotment: 1%-If redeemed after 90 days from the date ofallotment: NIL

    bt_logoABOUT THE FUND

    Objective: The investment objective of the scheme is 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. The Scheme does not assure or guarantee any returns.

    Mirae Asset Equity Savings Fund Direct Growth is an Allocation - Equity Savings fund. The fund was launched inDec 17, 2018. Its risk level is . The NAV of the fund as onNov 26, 2025 is ₹22.41. Its expense ratio is 0.45 %. The fund has an AUM of ₹1,732.38 Cr.The fund is managed byMahendra Jajoo,Vrijesh Kasera,Harshad Borawake,Bharti Sawant.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Harshad Borawake
    Harshad Borawake
    i
    Lead Fund Manager.
    Oct 12, 2019 - Present
    • Schemes managed4
    • Total AUM₹ 15,268.29 Cr
    • Highest Return In 1 Yr19.26 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
    ₹ 39.11
    1.51%
    -0.21%
    Very High Risk
    ₹9,424.67Cr
    Mirae Asset Equity Savings Fund Direct Growth
    ₹ 22.41
    1.10%
    0.38%
    Moderately High risk
    ₹1,732.38Cr
    Mirae Asset Balanced Advantage Fund Direct Growth
    --
    ₹ 15.22
    1.41%
    0.92%
    High Risk
    ₹1,980.91Cr
    Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
    Very High Risk
    • NAV₹ 39.11
    • Fund Size₹9,424.67Cr
    Fund Return1.51%
    Category Return-0.21%
    Mirae Asset Equity Savings Fund Direct Growth
    Moderately High risk
    • NAV₹ 22.41
    • Fund Size₹1,732.38Cr
    Fund Return1.10%
    Category Return0.38%
    Mirae Asset Balanced Advantage Fund Direct Growth
    High Risk--
    • NAV₹ 15.22
    • Fund Size₹1,980.91Cr
    Fund Return1.41%
    Category Return0.92%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Mahendra Jajoo
    Mahendra Jajoo
    i
    Lead Fund Manager.
    Dec 17, 2018 - Present
    • Schemes managed11
    • Total AUM₹ 32,042.69 Cr
    • Highest Return In 1 Yr9.65 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Corporate Bond Fund Direct Growth
    --
    ₹ 13.38
    0.70%
    0.60%
    Moderate Risk
    ₹44.19Cr
    Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
    ₹ 39.11
    1.51%
    -0.21%
    Very High Risk
    ₹9,424.67Cr
    Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
    --
    ₹ 12.67
    0.49%
    -%
    Moderate Risk
    ₹561.04Cr
    Mirae Asset Corporate Bond Fund Direct Growth
    Moderate Risk--
    • NAV₹ 13.38
    • Fund Size₹44.19Cr
    Fund Return0.70%
    Category Return0.60%
    Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
    Very High Risk
    • NAV₹ 39.11
    • Fund Size₹9,424.67Cr
    Fund Return1.51%
    Category Return-0.21%
    Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.67
    • Fund Size₹561.04Cr
    Fund Return0.49%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Vrijesh Kasera
    Vrijesh Kasera
    i
    Lead Fund Manager.
    Oct 12, 2019 - Present
    • Schemes managed4
    • Total AUM₹ 17,281.97 Cr
    • Highest Return In 1 Yr10.74 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Flexi Cap Fund Direct Growth
    --
    ₹ 17.21
    2.76%
    0.67%
    Very High Risk
    ₹3,303.69Cr
    Mirae Asset Healthcare Fund Direct Growth
    --
    ₹ 43.30
    -0.64%
    -0.73%
    Very High Risk
    ₹2,821.22Cr
    Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
    ₹ 39.11
    1.51%
    -0.21%
    Very High Risk
    ₹9,424.67Cr
    Mirae Asset Flexi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.21
    • Fund Size₹3,303.69Cr
    Fund Return2.76%
    Category Return0.67%
    Mirae Asset Healthcare Fund Direct Growth
    Very High Risk--
    • NAV₹ 43.30
    • Fund Size₹2,821.22Cr
    Fund Return-0.64%
    Category Return-0.73%
    Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
    Very High Risk
    • NAV₹ 39.11
    • Fund Size₹9,424.67Cr
    Fund Return1.51%
    Category Return-0.21%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Bharti Sawant
    Bharti Sawant
    i
    Lead Fund Manager.
    Dec 28, 2020 - Present
    • Schemes managed2
    • Total AUM₹ 2,673.51 Cr
    • Highest Return In 1 Yr9.65 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Equity Savings Fund Direct Growth
    ₹ 22.41
    1.10%
    0.38%
    Moderately High risk
    ₹1,732.38Cr
    Mirae Asset Equity Allocator Fund of Fund Direct Growth
    --
    ₹ 26.10
    1.64%
    -%
    Very High Risk
    ₹941.13Cr
    Mirae Asset Equity Savings Fund Direct Growth
    Moderately High risk
    • NAV₹ 22.41
    • Fund Size₹1,732.38Cr
    Fund Return1.10%
    Category Return0.38%
    Mirae Asset Equity Allocator Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 26.10
    • Fund Size₹941.13Cr
    Fund Return1.64%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Oct, 2025
    EQUITY (38.93%)
    DEBT (21.63%)
    CASH (39.43%)
    Allocation by Market Cap
    Large Cap(29.50%)
    Mid Cap(3.69%)
    Small Cap(6.40%)
    Industry Holdings
    • -%
    Stock Holdings
    • HDFC Bank Ltd4.55%
    • State Bank of India2.86%
    • ICICI Bank Ltd2.65%
    • Reliance Industries Ltd1.98%
    • Axis Bank Ltd1.75%
    • Mahindra & Mahindra Ltd1.66%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.99
      This Fund
      VS
      0.74
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.70
      This Fund
      VS
      1.24
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      5.46
      This Fund
      VS
      4.40
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Mirae Asset Investment Managers (India) Private Limited
    Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,08,786.39 crores. It’s current offering of mutual fund schemes includes 22 equity, 14 debt and 13 hybrid schemes.
    phone icon
    Phone
    022-6780 0300
    mail icon
    Email
    customercare@miraeasset.com
    aum
    AUM
    ₹ 2,08,786.39 Cr (
    As on Oct 31, 2025
    )
    location
    Address
    Unit No. 606, 6th Floor, Mumbai,400 098

    bt_logoFAQ's

    What is the category of Mirae Asset Equity Savings Fund Direct Growth ?
    The category of Mirae Asset Equity Savings Fund Direct Growth is Allocation - Equity Savings
    What is the current NAV of Mirae Asset Equity Savings Fund Direct Growth ?
    The current NAV of Mirae Asset Equity Savings Fund Direct Growth as on Nov 26, 2025 is ₹22.41
    How safe is Mirae Asset Equity Savings Fund Direct Growth ?
    The risk level of Mirae Asset Equity Savings Fund Direct Growth is Moderately High.
    What are short term returns given by Mirae Asset Equity Savings Fund Direct Growth ?
    The return given by Mirae Asset Equity Savings Fund Direct Growth in 1 month is 1.10%, 3 months is 3.53%, 6 months is 4.80%, and 1 year is 9.65%
    What are the long term returns given by Mirae Asset Equity Savings Fund Direct Growth ?
    The return given by Mirae Asset Equity Savings Fund Direct Growth in 3 years is 12.26% and 5 years is 12.39%.
    What is the expense ratio of Mirae Asset Equity Savings Fund Direct Growth ?
    The expense ratio of Mirae Asset Equity Savings Fund Direct Growth is 0.45%
    What is the AUM of Mirae Asset Equity Savings Fund Direct Growth ?
    The assets under Management (AUM) of Mirae Asset Equity Savings Fund Direct Growth is Rs 1,732.38 crores.
    What is the minimum investment in Mirae Asset Equity Savings Fund Direct Growth ?
    The minimum Lumpsum investment in Mirae Asset Equity Savings Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Mirae Asset Equity Savings Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Mirae Asset Equity Savings Fund Direct Growth?
    Mirae Asset Equity Savings Fund Direct Growth has an exposure of 38.93% in Equity, 21.63% in Debt and 39.43% in Cash & Money Market Securities

    bt_logoCALCULATORS

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