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Business News/Market/Market Stats/    Mirae Asset Equity Savings Fund Regular Growth

Mirae Asset Equity Savings Fund Regular Growth

+
  • Hybrid
  • Equity Savings
  • Rating 4
  • Plan
18.44 +0.04 (0.22%) NAV as on 13 Jun, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)1088.38
  • CAGR 17.15%
  • Exit Load1.00%
  • Expense ratio1.32%
  • CategoryHybrid
  • Min Investment5000
  • Min SIP500
  • Launch Date2018-12-18

Morning Star Rating 4

Low
Risk
High
Return

Asset Allocation

Holdings As On - 15 June 2024

  • Name
  • Value (Cr)
  • Holding %
  • Treps
  • 143.54
  • 14.08%
  • 7.18% Govt Stock 2033
  • 26.97
  • 2.64%
  • 7.38% Govt Stock 2027
  • 25.13
  • 2.46%
  • 5.63% Govt Stock 2026
  • 24.33
  • 2.39%
  • 7.06% Govt Stock 2028
  • 19.91
  • 1.95%
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio0.82
  • Std Deviation 5.04%
  • Tracking Error 0.00%

About Fund

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 Mirae Asset Equity Savings Fund Regular Growth has an AUM of 1088.38 crores & has delivered CAGR of 11.79% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.32%. The minimum investment in Mirae Asset Equity Savings Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Low & High respectively.

 

The top holdings of the fund include Treps, HDFC Bank, 7.18% Govt Stock 2033 & Reliance Industries.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

 

Some of the similar funds are Sundaram Equity Savings Fund Growth, HDFC Equity Savings Fund Growth, Mirae Asset Equity Savings Fund Regular Growth, Axis Equity Saver Fund Regular Plan Growth, DSP Equity Savings Fund Regular Plan Growth. Mirae Asset Equity Savings Fund Regular Growth has a sharpe ratio of 0.82 & a standard deviation of 5.04%.

FAQs about Mirae Asset Equity Savings Fund Regular Growth

According to the morning star rating Mirae Asset Equity Savings Fund Regular Growth has a Low risk & High return.
Mirae Asset Equity Savings Fund Regular Growth is managed by Mahendra Jajoo,Bharti Sawant,Vrijesh Kasera,Harshad Borawake.
The expense ratio of Mirae Asset Equity Savings Fund Regular Growth is 1.32%.
The 5 year annualized return on Mirae Asset Equity Savings Fund Regular Growth is 11.79% & it has generated 17.15% in the last 1 year.
The minimum investment in Mirae Asset Equity Savings Fund Regular Growth is 5000 Rs.
Mirae Asset Equity Savings Fund Regular Growth has an AUM of 1088.38 crores.
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