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 Plan- Growth
★★★★★ 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%)10.27%
- 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 23 days ago
Plan
Regular
Option
Growth
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
-0.15
Std Dev (1Y)
5.68%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.41%
3m
+3.43%
6m
+2.88%
1y
+6.59%
3y
+10.27%
5y
+9.18%
10y
—
since inception
+10.27%
TopFund's Take on Mirae Asset Equity Savings Fund- Regular Plan- Growth
Mirae Asset Equity Savings Fund- Regular Plan- Growth 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 200 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 -0.15 — 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 5.68% 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 Plan- Growth
The current NAV (Net Asset Value) of Mirae Asset Equity Savings Fund- Regular Plan- Growth is ₹23.09. NAV is updated every business day after market close by AMFI.
1Y: 6.59% · 3Y CAGR: 10.27% · 5Y CAGR: 9.18%
The expense ratio of Mirae Asset Equity Savings Fund- Regular Plan- Growth is 0.73% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Equity Savings Fund- Regular Plan- Growth is managed by Sudhir Kedia at Mirae Asset Mutual Fund.
Mirae Asset Equity Savings Fund- Regular Plan- Growth 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 Plan- Growth 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 Plan- Growth 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 Plan- Growth 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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