Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Mirae Asset Equity Savings Fund Regular IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 69/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)10.18%
- Expense ratio (20%)0.73%
- AUM (15%)₹2,007 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Hybrid · Equity Savings
₹23.09
AUM: ₹2,006 Cr
NAV updated 24 days ago
Plan
Regular
Option
Idcw
Risk
High
Expense Ratio
0.73%
Exit Load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 90 Days.
Fund Manager
Sudhir Kedia
Inception
Dec 2018
Benchmark
NIFTY Equity Savings Total Return Index
Sharpe Ratio
-1.01
Std Dev (1Y)
10.01%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.26%
3m
+3.2%
6m
+3.58%
1y
+6.47%
3y
+10.18%
5y
+9.16%
10y
—
since inception
+3.02%
TopFund's Take on Mirae Asset Equity Savings Fund Regular IDCW
Mirae Asset Equity Savings Fund Regular IDCW holds up reasonably well within the Equity Savings category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 69/100.
Cost: At 0.73%, the expense ratio is meaningfully cheaper — about 40% below the Equity Savings category average of 1.22% (based on 203 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.01 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 10.01% is on the lower side for a Equity Savings fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Equity Savings Fund Regular IDCW
The current NAV (Net Asset Value) of Mirae Asset Equity Savings Fund Regular IDCW is ₹23.09. NAV is updated every business day after market close by AMFI.
1Y: 6.47% · 3Y CAGR: 10.18% · 5Y CAGR: 9.16%
The expense ratio of Mirae Asset Equity Savings Fund Regular IDCW is 0.73% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Equity Savings Fund Regular IDCW is managed by Sudhir Kedia at Mirae Asset Mutual Fund.
Mirae Asset Equity Savings Fund Regular IDCW is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Mirae Asset Equity Savings Fund Regular IDCW is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Mirae Asset Equity Savings Fund Regular IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset Equity Savings Fund Regular IDCW is ₹2,007 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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