Mirae Asset Investment Managers (India) Pv

Mirae Asset Equity Savings Fund- Direct Plan- Growth

As on 23 Apr 2025

Mirae Asset Equity Savings Fund- Direct Plan- Growth

Q: What kind of returns does Mirae Asset Equity Savings Fund- Direct Plan- Growth provide?

Mirae Asset Equity Savings Fund- Direct Plan- Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Mirae Asset Equity Savings Fund- Direct Plan- Growth had a return of 11.37% over the past 1 year.

Q: How much expense ratio is charged by Mirae Asset Equity Savings Fund- Direct Plan- Growth?

The expense ratio for Mirae Asset Equity Savings Fund- Direct Plan- Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 23 Apr 2025, the expense ratio charged by Mirae Asset Equity Savings Fund- Direct Plan- Growth is typically around 2.34 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Mirae Asset Equity Savings Fund- Direct Plan- Growth?

As of 23 Apr 2025, the Assets Under Management (AUM) of Mirae Asset Equity Savings Fund- Direct Plan- Growth is approximately ₹1359.7453 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Mirae Asset Equity Savings Fund- Direct Plan- Growth?

The Net Asset Value (NAV) of Mirae Asset Equity Savings Fund- Direct Plan- Growth is updated daily and reflects the per-unit value of the fund's assets. As of 23 Apr 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Mirae Asset Equity Savings Fund- Direct Plan- Growth?

The PE ratio for Mirae Asset Equity Savings Fund- Direct Plan- Growth is 22.49 and the PB ratio is 4.25. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Mirae Asset Equity Savings Fund- Direct Plan- Growth?

The exit load for Mirae Asset Equity Savings Fund- Direct Plan- Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 21.04

CAGR (3 Years)

11.56%

AUM (Cr)

₹ 1,359.75

Risk

Moderately High Risk

About Mirae Asset Equity Savings Fund- Direct Plan- Growth

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.

Breakdown of this Fund

Aerospace & Defence

2.91%

Agro Chemicals

0.14%

Air Transport Service

1.40%

Alcoholic Beverages

0.22%

Auto Ancillaries

0.84%

Automobile

9.81%

Banks

27.97%

Bearings

0.64%

Capital Goods - Electrical Equipment

2.62%

Cement

2.81%

Chemicals

1.02%

Consumer Durables

1.11%

Credit Rating Agencies

0.19%

Crude Oil & Natural Gas

1.11%

Debt Others

31.41%

Diamond, Gems and Jewellery

1.25%

E-Commerce/App based Aggregator

1.47%

Edible Oil

0.53%

Finance

8.97%

Financial Services

1.60%

FMCG

2.82%

Gas Distribution

2.09%

Govt. Securities

24.25%

Healthcare

1.53%

Infrastructure Developers & Operators

3.04%

Insurance

2.68%

IT - Software

13.52%

Logistics

0.35%

Marine Port & Services

2.12%

Mining & Mineral products

4.15%

Miscellaneous

2.41%

Non Ferrous Metals

0.84%

Paints/Varnish

0.32%

Pharmaceuticals

8.59%

Plastic products

0.13%

Plywood Boards/Laminates

1.14%

Power Generation & Distribution

6.51%

Realty

2.69%

Refineries

5.44%

Retail

0.22%

Steel

3.59%

Telecomm Equipment & Infra Services

0.68%

Telecomm-Service

3.91%

Textiles

1.47%

Tobacco Products

1.06%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

2.34

Exit Load

For redemption / switch out within 90 days from the date of allotment: 0.5% If u...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.