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Profile
Latest NAV ₹20.74
Profile
Fund Size ₹1,918 Cr
Profile
Turnover Ratio 4.05
Profile
Lock In period 0
Profile
Inception Date 17 Dec 2018
Profile
Return Since Inception 10.29 %
Profile
Fund Type Open ended scheme
Profile
Min. Inv. Lumpsum/SIP 5000 / 1000

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.

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3.75 % 1Y Return
≤ 1 year — Absolute; > 1 year — CAGR

Return Calculator

Estimation is based on the past performance

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Returns and rankings

Benchmark: NIFTY 50 Equity Savings Index
Equity Savings 1M 3M 6M 9M 1Y 2Y 3Y 4Y 5Y 10Y ALL
Fund returns 4.02% 0.07% 0.3% 2.42% 6.03% 7.48% 10.67% 9.41% 9.47% 0% 10.44%
Category returns 3.02% 0.03% -0.09% 2.01% 4.55% 5.92% 9.27% 8.14% 8.28% 8.05% N/A
Absolute returns -0.75% -1.02% -0.46% 3.26% 3.75% 14.53% 32.77% 45.96% 52.73% 0% 107.44%
Rank within category 6 10 7 8 6 3 4 4 4 15 N/A
Total Schemes in Category 24 24 24 23 22 21 21 21 21 14 N/A
≤ 1 year — Absolute; > 1 year — CAGR

Historical Data

Benchmark: NIFTY 50 Equity Savings Index
Equity Savings 2018 2019 2020 2021 2022 2023 2024 2025 2026
Yearly returns N/A 10.87% 13.69% 15.71% 3.68% 13.98% 11.39% 8.69% -0.91%
Q1 returns N/A 2.99% -12.64% 3.95% -0.29% -1.35% 2.28% 0.12% -4.49%
Q2 returns N/A 2.16% 10.22% 5.1% -3.56% 6.48% 5.55% 5.63% 3.75%
Q3 Returns N/A 1.01% 7.48% 4.99% 5% 3.16% 4.62% -0.37% N/A
Q4 Returns N/A 4.31% 9.86% 0.88% 2.69% 5.19% -1.37% 3.16% N/A

Expense ratio, exit load and tax

Expense ratio: 1.16%

Inclusive of GST

Exit load

1% on or before 90D, Nil after 90D

Advanced Ratios

Alpha 0.358352
Beta 0.8933
Sharpe Ratio 0.207658
Sortino Ratio 0.414643

Risk Metrics

R-Squared 0.1636
Tracking Error 1.4675
Downside Risk 7.2922
Std. Deviation (Annualised) 5.5524

Peer Comparison

Equity Savings 1M 3M 6M 9M 1Y 3Y 5Y 10Y ALL Fund Size (Cr) Expense Ratio Sharpe Risk
HSBC Equity Savings Fund - Regular Plan - Growth 5.39% 4.14% 2.79% 7.66% 12.29% 13.62% 11.46% 9.36% 9.11% 796.12 1.52 0.25 Moderately High
Edelweiss Equity Savings Fund - Regular Plan - Growth 3.69% 1.33% 1.27% 4.04% 7.32% 11% 9.34% 9.21% 8.72% 1,232.55 1.58 0.33 Moderate
Kotak Equity Savings Fund - Growth 4.53% 1.13% 0.21% 4.06% 6.5% 10.74% 10.04% 9.38% 9% 9,467.97 1.75 0.22 Moderately High
Mirae Asset Equity Savings Fund - Regular Plan - Growth Current 4.02% 0.07% 0.3% 2.42% 6.03% 10.67% 9.47% 0% 10.44% 1,831.57 1.38 0.24 Moderately High
SBI Equity Savings Fund - Regular Plan - Growth 2.04% 0.1% 0.09% 1.65% 4.96% 10.57% 8.97% 8.74% 8.49% 5,609.29 1.53 0.24 Moderate
Sundaram Equity Savings Fund - Growth 3.75% -1.53% -2.35% -0.48% 2.34% 10.12% 9.79% 9.25% 8.48% 1,070.66 2.19 0.21 Moderate
Tata Equity Savings Fund - Regular Plan - Growth 0.34% -0.11% 1.84% 3.37% 6.88% 9.84% 8.01% 8.07% 7.88% 284.62 1.14 0.28 Low to Moderate
Mahindra Manulife Equity Savings Fund - Regular Plan - Growth 3.2% -0.06% -0.22% 2.68% 5.61% 9.8% 8.67% 0% 8.38% 513.04 2.38 0.20 Moderately High
UTI Equity Savings Fund - Regular Plan - Growth 2.83% -1.25% 0.07% 2.68% 3.81% 9.54% 9.23% 0% 8.5% 788.05 1.65 0.23 Moderately High
Baroda BNP Paribas Equity Savings Fund - Regular Plan - Growth 4.47% 0.23% 0.06% 2.4% 5.36% 9.53% 7.73% 0% 8.15% 268.37 2.50 0.17 Moderately High

Holdings (159)

Instrument Allocation Instrument Assets %
Cash & Cash Equivalents and Net Assets 6.17%
Domestic Equities 67.09%
Corporate Debt 15.39%
Government Securities 8.68%
Certificate of Deposit 2.67%
Sector Allocation Sector Assets %
Others 32.91%
Banks 14.29%
Petroleum Products 2.55%
Telecom - Services 2.63%
Construction 1.66%
Automobiles 5.12%
Ferrous Metals 2.29%
Retailing 2.70%
Power 2.96%
Consumer Durables 2.63%
Insurance 2.08%
Transport Infrastructure 1.02%
Pharmaceuticals & Biotechnology 4.63%
Finance 3.74%
Auto Components 1.70%
Cement & Cement Products 1.21%
Aerospace & Defense 1.09%
IT - Software 2.51%
Beverages 0.76%
Non - Ferrous Metals 1.06%
Transport Services 1.06%
Gas 0.73%
Electrical Equipment 1.62%
Capital Markets 1.42%
Realty 0.84%
Oil 0.58%
Diversified FMCG 0.83%
Metals & Minerals Trading 0.33%
Personal Products 0.39%
Commercial Services & Supplies 0.30%
Chemicals & Petrochemicals 0.68%
Food Products 0.31%
Healthcare Services 0.35%
IT - Services 0.24%
Diversified Metals 0.21%
Industrial Products 0.36%
Leisure Services 0.16%
Fertilizers & Agrochemicals 0.08%
Name Sector Instrument Assets %
TREPS Cash & Cash Equivalents and Net Assets 4.19%
HDFC Bank Ltd. Banks Domestic Equities 4.19%
ICICI Bank Ltd. Banks Domestic Equities 2.84%
7.88% Muthoot Finance Ltd. (MD 22/11/2028)** Corporate Debt 2.57%
Reliance Industries Ltd. Petroleum Products Domestic Equities 2.31%
Bharti Airtel Ltd. Telecom - Services Domestic Equities 2.25%
State Bank Of India Banks Domestic Equities 2.12%
7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028)** Corporate Debt 2.07%
7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029) Corporate Debt 2.06%
Net Receivables / (Payables) Cash & Cash Equivalents and Net Assets 1.98%
Axis Bank Ltd. Banks Domestic Equities 1.73%
Larsen & Toubro Ltd. Construction Domestic Equities 1.66%
Mahindra & Mahindra Ltd. Automobiles Domestic Equities 1.46%
Tata Steel Ltd. Ferrous Metals Domestic Equities 1.46%
6.79% Government of India (MD 07/10/2034) Government Securities 1.38%
7.32% Government of India (MD 13/11/2030) Government Securities 1.33%
7.18% Government of India (MD 14/08/2033) Government Securities 1.32%
8.95% Bharti Telecom Ltd. (MD 04/12/2026)** Corporate Debt 1.31%
8.75% Piramal Finance Ltd. (MD 29/10/2027)** Corporate Debt 1.31%
7.45% Power Finance Corporation Ltd. (MD 15/07/2028) Corporate Debt 1.30%
6.95% REC Ltd. (MD 18/02/2028)** Corporate Debt 1.29%
7.45% ICICI Securities Ltd. (MD 24/11/2028)** Corporate Debt 1.28%
Eternal Ltd. Retailing Domestic Equities 1.26%
7.15% State Government of Haryana (MD 30/07/2040) Government Securities 1.23%
NTPC Ltd. Power Domestic Equities 1.21%
Titan Company Ltd. Consumer Durables Domestic Equities 1.12%
SBI Life Insurance Company Ltd. Insurance Domestic Equities 1.11%
Kotak Mahindra Bank Ltd. Banks Domestic Equities 1.09%
Union Bank of India (MD 19/01/2027)**# Certificate of Deposit 1.09%
Kotak Mahindra Bank Ltd. (MD 29/01/2027)# Certificate of Deposit 1.09%
7.06% Government of India (MD 10/04/2028) Government Securities 1.06%
6.54% Government of India (MD 17/01/2032) Government Securities 1.02%
6.96% Mindspace Business Parks Reit (MD 08/12/2028)** Corporate Debt 1.02%
Adani Ports and Special Economic Zone Ltd. Transport Infrastructure Domestic Equities 1.02%
Eicher Motors Ltd. Automobiles Domestic Equities 0.96%
Tata Motors Passenger Vehicles Ltd. Automobiles Domestic Equities 0.93%
Tata Power Company Ltd. Power Domestic Equities 0.92%
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.89%
Shriram Finance Ltd. Finance Domestic Equities 0.88%
Maruti Suzuki India Ltd. Automobiles Domestic Equities 0.88%
Bajaj Finance Ltd. Finance Domestic Equities 0.85%
Sona BLW Precision Forgings Ltd. Auto Components Domestic Equities 0.79%
Ambuja Cements Ltd. Cement & Cement Products Domestic Equities 0.75%
JSW Energy Ltd. Power Domestic Equities 0.74%
Hindustan Aeronautics Ltd. Aerospace & Defense Domestic Equities 0.73%
Aurobindo Pharma Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.72%
Infosys Ltd. IT - Software Domestic Equities 0.68%
Glenmark Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.68%
Varun Beverages Ltd. Beverages Domestic Equities 0.68%
7.78% HDFC Bank Ltd. (MD 13/04/2027)** Corporate Debt 0.63%
Hindalco Industries Ltd. Non - Ferrous Metals Domestic Equities 0.61%
LG Electronics India Ltd. Consumer Durables Domestic Equities 0.61%
IndusInd Bank Ltd. Banks Domestic Equities 0.60%
Aditya Birla Capital Ltd. Finance Domestic Equities 0.60%
Delhivery Ltd. Transport Services Domestic Equities 0.56%
Tata Consultancy Services Ltd. IT - Software Domestic Equities 0.56%
Avenue Supermarts Ltd. Retailing Domestic Equities 0.54%
7.26% Government of India (MD 06/02/2033) Government Securities 0.53%
GAIL (India) Ltd. Gas Domestic Equities 0.53%
Waaree Energies Ltd. Electrical Equipment Domestic Equities 0.51%
KFin Technologies Ltd. Capital Markets Domestic Equities 0.51%
HDFC Life Insurance Company Ltd. Insurance Domestic Equities 0.51%
Laurus Labs Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.50%
DLF Ltd. Realty Domestic Equities 0.50%
Oil & Natural Gas Corporation Ltd. Oil Domestic Equities 0.49%
Jindal Steel Ltd. Ferrous Metals Domestic Equities 0.48%
TVS Motor Company Ltd. Automobiles Domestic Equities 0.47%
FSN E-Commerce Ventures Ltd. Retailing Domestic Equities 0.46%
Coforge Ltd. IT - Software Domestic Equities 0.46%
ITC Ltd. Diversified FMCG Domestic Equities 0.45%
Multi Commodity Exchange Of India Ltd. Capital Markets Domestic Equities 0.45%
Bharat Heavy Electricals Ltd. Electrical Equipment Domestic Equities 0.44%
Hero MotoCorp Ltd. Automobiles Domestic Equities 0.42%
JIO Financial Services Ltd. Finance Domestic Equities 0.41%
Bank Of Baroda Banks Domestic Equities 0.41%
Onesource Specialty Pharma Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.40%
Divi's Laboratories Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.40%
Craftsman Automation Ltd. Auto Components Domestic Equities 0.39%
Hindustan Unilever Ltd. Diversified FMCG Domestic Equities 0.38%
Indus Towers Ltd. Telecom - Services Domestic Equities 0.38%
The Federal Bank Ltd. Banks Domestic Equities 0.37%
TD Power Systems Ltd. Electrical Equipment Domestic Equities 0.36%
National Aluminium Company Ltd. Non - Ferrous Metals Domestic Equities 0.36%
Century Plyboards (India) Ltd. Consumer Durables Domestic Equities 0.36%
Bharat Electronics Ltd. Aerospace & Defense Domestic Equities 0.35%
Schaeffler India Ltd. Auto Components Domestic Equities 0.35%
Cipla Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.33%
Adani Enterprises Ltd. Metals & Minerals Trading Domestic Equities 0.33%
Mphasis Ltd. IT - Software Domestic Equities 0.32%
7.26% Government of India (MD 22/08/2032) Government Securities 0.32%
Vishal Mega Mart Ltd. Retailing Domestic Equities 0.31%
Godrej Consumer Products Ltd. Personal Products Domestic Equities 0.31%
International Gemological Institute Ltd. Commercial Services & Supplies Domestic Equities 0.30%
Power Finance Corporation Ltd. Finance Domestic Equities 0.30%
Ultratech Cement Ltd. Cement & Cement Products Domestic Equities 0.30%
ABB India Ltd. Electrical Equipment Domestic Equities 0.30%
Yes Bank Ltd. Banks Domestic Equities 0.28%
Sai Life Sciences Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.28%
JB Chemicals & Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.27%
IDFC First Bank Ltd. Banks Domestic Equities 0.27%
Atul Ltd. Chemicals & Petrochemicals Domestic Equities 0.26%
7.44% National Bank for Agriculture and Rural Development (MD 24/02/2028) Corporate Debt 0.26%
Nestle India Ltd. Food Products Domestic Equities 0.26%
JSW Steel Ltd. Ferrous Metals Domestic Equities 0.26%
BlackBuck Ltd. Transport Services Domestic Equities 0.26%
Max Financial Services Ltd. Insurance Domestic Equities 0.25%
Krishna Institute of Medical Sciences Ltd Healthcare Services Domestic Equities 0.25%
7.34% Government of India (MD 22/04/2064) Government Securities 0.25%
HDFC Bank Ltd. (MD 22/01/2027)**# Certificate of Deposit 0.25%
National Bank for Agriculture and Rural Development (MD 04/02/2027)**# Certificate of Deposit 0.25%
LIC Housing Finance Ltd. Finance Domestic Equities 0.24%
Sagility Ltd. IT - Services Domestic Equities 0.24%
Interglobe Aviation Ltd. Transport Services Domestic Equities 0.24%
L&T Finance Ltd. Finance Domestic Equities 0.24%
6.90% Government of India (MD 15/04/2065) Government Securities 0.24%
7.70% National Bank for Agriculture and Rural Development (MD 30/09/2027)** Corporate Debt 0.24%
Brigade Enterprises Ltd. Realty Domestic Equities 0.23%
Bajaj Finserv Ltd. Finance Domestic Equities 0.22%
Campus Activewear Ltd. Consumer Durables Domestic Equities 0.22%
Neogen Chemicals Ltd. Chemicals & Petrochemicals Domestic Equities 0.21%
Go Digit General Insurance Ltd. Insurance Domestic Equities 0.21%
Gujarat State Petronet Ltd. Gas Domestic Equities 0.21%
Vedanta Ltd. Diversified Metals Domestic Equities 0.21%
Care Ratings Ltd. Capital Markets Domestic Equities 0.20%
Prince Pipes and Fittings Ltd. Industrial Products Domestic Equities 0.18%
Tech Mahindra Ltd. IT - Software Domestic Equities 0.18%
Bharat Forge Ltd. Auto Components Domestic Equities 0.18%
Supreme Industries Ltd. Industrial Products Domestic Equities 0.18%
HDFC Asset Management Company Ltd. Capital Markets Domestic Equities 0.17%
Bharat Petroleum Corporation Ltd. Petroleum Products Domestic Equities 0.17%
AU Small Finance Bank Ltd. Banks Domestic Equities 0.16%
Zydus Lifesciences Ltd. Pharmaceuticals & Biotechnology Domestic Equities 0.16%
Zensar Technologies Ltd. IT - Software Domestic Equities 0.16%
Leela Palaces Hotels & Resorts Ltd. Leisure Services Domestic Equities 0.16%
LTM Ltd. IT - Software Domestic Equities 0.16%
Dalmia Bharat Ltd. Cement & Cement Products Domestic Equities 0.16%
Deepak Nitrite Ltd. Chemicals & Petrochemicals Domestic Equities 0.15%
Asian Paints Ltd. Consumer Durables Domestic Equities 0.13%
Swiggy Ltd. Retailing Domestic Equities 0.12%
RBL Bank Ltd. Banks Domestic Equities 0.12%
Godrej Properties Ltd. Realty Domestic Equities 0.11%
Greenply Industries Ltd. Consumer Durables Domestic Equities 0.11%
BSE Ltd. Capital Markets Domestic Equities 0.10%
Talwandi Sabo Power Ltd. A** Power Domestic Equities 0.09%
Malco Energy Ltd. A** Oil Domestic Equities 0.09%
Vedanta Iron and Steel Ltd. A** Ferrous Metals Domestic Equities 0.09%
Vedanta Aluminium Metal Ltd. A** Non - Ferrous Metals Domestic Equities 0.09%
Fortis Healthcare Ltd. Healthcare Services Domestic Equities 0.09%
Crompton Greaves Consumer Electricals Ltd. Consumer Durables Domestic Equities 0.09%
Dabur India Ltd. Personal Products Domestic Equities 0.08%
Punjab National Bank Banks Domestic Equities 0.08%
United Spirits Ltd. Beverages Domestic Equities 0.08%
UPL Ltd. Fertilizers & Agrochemicals Domestic Equities 0.08%
Indian Oil Corporation Ltd. Petroleum Products Domestic Equities 0.07%
7.64% National Bank for Agriculture and Rural Development (MD 06/12/2029)** Corporate Debt 0.05%
Pidilite Industries Ltd. Chemicals & Petrochemicals Domestic Equities 0.05%
Britannia Industries Ltd. Food Products Domestic Equities 0.05%
Indian Bank Banks Domestic Equities 0.02%
Max Healthcare Institute Ltd. Healthcare Services Domestic Equities 0.01%
Total 100.00%

Fund Managers

Profile Ms. Bharti Sawant

Ms. Sawant has professional experience of more than 6 years and his primary responsibility includes Investment Analysis & Fund Management. She has been associated with the AMC as an Investment Analyst since September 3, 2013. She was previously associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd., Kabu Shares & Stocking Pvt. Ltd. for Financial Analysis and Research.

Profile Mr. Harshad Borawake

Mr. Borawake has professional experience of more than 11 years and his primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Motilal Oswal Securities as Vice President(Research). He has also been associated with Capmetrics & Risk Solutions as Research Analyst - Equity.

Profile Mr. Vrijesh Kasera

Mr. Kasera has professional experience of more than 9 years and his primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.

Profile Mr. Basant Bafna

Mr. Basant Bafna has over 12 years of experience in the banking industry. Prior to this assignment, Mr. Basant Bafna worked as Chief Dealer and Assistant General Manager with Export-Import Bank of India.

RETURNS

All You Need To Know About Mutual Funds

It is an Open ended scheme that primarily invests in Equity Savings.

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.

The scheme benchmark is the NIFTY 50 Equity Savings Index

It is classified as Moderately High Risk, suitable for investors with a Moderately High risk appetite.

Returns Delivered by the funds are as follows:

1-year: 3.75%

3-year: 9.9%

5-year: 8.83%

Top holdings include names such as:

The NAV is around ₹20.74 (approx.) for the Mirae Asset Equity Savings Fund - Regular Plan - Growth.

The fund’s AUM is approximately ₹1,918 Cr.

The expense ratio for the Regular Plan is 1.16.

1% on or before 90D, Nil after 90D.

Minimum SIP starts at ₹1000.

The minimum lump sum investment is ₹5000. Often platforms may require higher in practice, but the statutory minimum remains the same.

You can start a SIP through:

Broker/agent platform like Sharescart.

Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.

Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.

You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.

The fund managers: Harshad Borawake, Vrijesh Kasera, Bharti Sawant, Basant Bafna

This fund is suitable for investors with a Moderately High risk tolerance.

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Mirae Asset Equity Savings Fund - Regular Plan - Growth
Moderately High Risk | Equity Savings | Hybrid
UCC
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Minimum SIP Amount: ₹1000
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