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

Mirae Asset Savings Fund Regular Plan Growth

+
  • Debt
  • Low Duration
  • Rating 4
  • Plan
1963.07 +1.14 (0.06%) NAV as on 31 Oct, 2019
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)669.88
  • CAGR 7.08%
  • Exit Load0.00%
  • Expense ratio0.93%
  • CategoryDebt
  • Min Investment5000
  • Min SIP1000
  • Launch Date2008-03-05

Morning Star Rating 4

Low
Risk
Moderate
Return

Asset Allocation

Holdings As On - 29 September 2023

  • Name
  • Value (Cr)
  • Holding %
  • Net Receivables / (Payables)
  • 35.93
  • 6.28%
  • Muthoot Finance Limited
  • 24.80
  • 4.33%
  • Reliance Retail Ventures Limited
  • 24.72
  • 4.32%
  • Motilal Oswal Finvest Limited
  • 24.61
  • 4.30%
  • HDFC Bank Limited
  • 24.51
  • 4.28%
  • Bank Of Baroda
  • 24.49
  • 4.28%
  • Indian Bank
  • 24.25
  • 4.24%
  • National Bank For Agriculture And Rural Development
  • 24.08
  • 4.21%
  • Axis Bank Limited
  • 24.04
  • 4.20%
  • Small Industries Development Bank Of India
  • 23.66
  • 4.13%
View More

Risk & Volitility

  • Alpha -1.71%
  • Beta 2.58
  • Sharpe Ratio-0.08
  • Std Deviation 1.08%
  • Tracking Error 1.00%

About Fund

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.

 

The Mirae Asset Savings Fund Regular Plan Growth has an AUM of 669.88 crores & has delivered CAGR of 6.58% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.93%. The minimum investment in Mirae Asset Savings Fund Regular Plan Growth is Rs 5000 and the minimum SIP is Rs 1000.

 

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

 

The top holdings of the fund include Net Receivables / (Payables), Muthoot Finance Limited, Reliance Retail Ventures Limited & Motilal Oswal Finvest Limited.

 

Mirae Asset Savings Fund Regular Plan Growth has a sharpe ratio of -0.08 & a standard deviation of 1.08%.

FAQs about Mirae Asset Savings Fund Regular Plan Growth

According to the morning star rating Mirae Asset Savings Fund Regular Plan Growth has a Low risk & Moderate return.
Mirae Asset Savings Fund Regular Plan Growth is managed by Mahendra Jajoo,Kruti Chheta.
The expense ratio of Mirae Asset Savings Fund Regular Plan Growth is 0.93%.
The 5 year annualized return on Mirae Asset Savings Fund Regular Plan Growth is 6.58% & it has generated 7.08% in the last 1 year.
The minimum investment in Mirae Asset Savings Fund Regular Plan Growth is 5000 Rs.
Mirae Asset Savings Fund Regular Plan Growth has an AUM of 669.88 crores.
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