Mirae Asset Equity Savings Fund

Q: What are the returns of this mutual fund scheme?

The Mirae Asset Equity Savings Fund is a 7 yrs 2 m old fund and has delivered average annual returns of 10.73% since inception. Mirae Asset Equity Savings Fund Returns 1-Year 3-Year 5-Year Since Inception 8.53% 11.07% 9.71% 10.73%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹20.691-0.44% 1 day change	10.73% p.a.	App exclusive #NA View Ranked Funds	₹1,865 Cr

Historical NAV & returns

NAV: ₹20.691 as on Feb 02, 2026

This fund Category average

Mirae Asset Equity Savings Fund overview

AUM (Fund size)	₹1,865 Cr
Exit load	1.0% Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 90 Days.!
Lock-in Period	Nil
Age	7 yrs 2 m since Nov 26, 2018
Benchmark	NIFTY Equity Savings TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.36% as on Feb 02, 2026
Plan type	Regular
Risk	Moderately High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset Equity Savings Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-1.46%	-1.17%
3 Months	-0.39%	-0.56%
6 Months	2.27%	1.52%
1 Year	8.53%	5.89%
2 Years	8.8%	6.4%
3 Years	11.07%	8.78%
4 Years	8.89%	7.06%
5 Years	9.71%	7.46%
7 Years	10.87%	7.9%

Asset allocationas on Dec 31, 2025

Large Cap 29.13%

Mid Cap 5.11%

Small Cap 3.78%

Other Cap 0%

Top holdings

HDFC Bank Ltd.4.49%

ICICI Bank Ltd.2.89%

State Bank of India2.68%

Reliance Industries Ltd.1.94%

Top sectors

Financial 19.190000000000005%

Services 5.750000000000001%

Automobile 5.5%

Energy 5.18%

Cash 28.80237043%

AAA 12.35928914%

SOV 10.67322023%

A1+ 3.74357291%

Top Debt Holdings

GOI 9.37%

Hindalco Industries Ltd. 3.74%

Muthoot Finance Ltd. 2.69%

Bharti Telecom Ltd. 1.36%

Allocation by Instruments

Cash Margin 28.80237043%

GOI Securities 9.37773529%

Debenture 7.876968510000001%

Bonds 4.07316144%

Other Holdings

Others 0.62%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Equity Savings Fund	-1.46%	2.27%	8.53%	11.07%	9.71%	N.A.
Kotak Equity Savings Fund	-2.82%	2.25%	6.3%	10.64%	9.78%	9.42%
Edelweiss Equity Savings Fund	-1.26%	2.49%	7.48%	10.96%	9.05%	9.26%
UTI Equity Savings Fund	-1.04%	3.88%	7.36%	10.58%	9.7%	6.56%
ICICI Prudential Equity Savings Fund	-0.69%	2.52%	6.93%	8.46%	7.93%	8.71%
Tata Equity Savings Fund	-1.14%	1.71%	5.98%	9.74%	8.0%	7.91%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Equity Savings Fund	5.33	0.72	0.91	1.35
Kotak Equity Savings Fund	5.2	0.69	0.86	1.04
Edelweiss Equity Savings Fund	3.47	0.44	1.34	1.86
UTI Equity Savings Fund	4.04	0.55	1.09	1.56
ICICI Prudential Equity Savings Fund	2.39	0.29	0.89	1.33
Tata Equity Savings Fund	3.38	0.45	1.02	1.76

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Equity Savings Fund	N.A.	1,865 Cr	7 yrs 2 m	1.36%
Kotak Equity Savings Fund	N.A.	9,651 Cr	11 yrs 4 m	1.75%
Edelweiss Equity Savings Fund	N.A.	1,195 Cr	11 yrs 4 m	1.58%
UTI Equity Savings Fund	N.A.	810 Cr	7 yrs 5 m	1.67%
ICICI Prudential Equity Savings Fund	N.A.	18,060 Cr	11 yrs 2 m	0.98%
Tata Equity Savings Fund	N.A.	278 Cr	28 yrs 10 m	1.14%

View all Equity Savings funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.5 vs. 3.25 Underperformed at beating benchmark
Sharpe	0.91 vs. 3.24 Poor risk-adjusted returns
Beta	0.72 vs. 0.77 Less sensitive to market ups & downs
Standard deviation	5.33 vs. 3.72 More volatile performance

Compare Mirae Asset Equity Savings Fund in detail with

About this fund

About Mirae Asset Equity Savings Fund

Mirae Asset Equity Savings Fund is a Equity Savings mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 7 yrs 2 m, having been launched on 26/11/2018. Mirae Asset Equity Savings Fund has ₹1,865 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Equity Savings Fund as of 02/02/2026 is ₹20.69. The fund has an expense ratio of 1.36%, which is higher than what most other Equity Savings funds charge. Currently, the fund has a 38.02% allocation to equity and 30.80% to Debt.

Mirae Asset Equity Savings Fund returns of last 1-year are 8.23%. Since launch, it has delivered 10.73% average annual returns. The fund has doubled the money invested in it every 6 yrs.
Mirae Asset Equity Savings Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's equity portion is primarily invested in Financial, Services, Automobile, Energy, Healthcare sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in GOI, HDFC Bank Ltd., Hindalco Industries Ltd., ICICI Bank Ltd., Muthoot Finance Ltd..

...

Fund AUM	1,865 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Mahendra Kumar Jajoo

Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA. Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.

Harshad Borawake

Mr. Borawake is MBA(Finance) & B.E.(Polymers) Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.

Vrijesh Kasera

Mr. Kasera is a MBA (Finance), CFA (ICFAI). Prior to joining Mirae Asset Mutual Fund, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.

Bharti Sawant

Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com. Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.

Investment objective

The scheme seeks 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.

Mirae Asset Mutual Fund details

No. of schemes	48 view all schemes
Total AUM	2,29,565 Cr as on Dec 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Aggressive Hybrid Fund	N.A.	9,538 Cr	9.97%	11.7%
Mirae Asset Balanced Advantage Fund	N.A.	2,021 Cr	8.46%	N.A.
Mirae Asset Arbitrage Fund	N.A.	4,154 Cr	6.02%	5.73%
Mirae Asset Multi Asset Allocation Fund	N.A.	2,815 Cr	18.13%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Equity Savings Fund?

The current Net Asset Value (NAV) of the Mirae Asset Equity Savings Fund plan is approximately ₹20.691 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Mirae Asset Equity Savings Fund is a 7 yrs 2 m old fund and has delivered average annual returns of 10.73% since inception.

Mirae Asset Equity Savings Fund Returns

1-Year	3-Year	5-Year	Since Inception
8.53%	11.07%	9.71%	10.73%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Equity Savings Fund has an expense ratio of 1.36%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Equity Savings Fund currently has assets under management (AUM) or fund size valued at approximately 1,865 Cr as on Dec 31, 2025.

What are the top stock holdings of Mirae Asset Equity Savings Fund?

The Mirae Asset Equity Savings Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	4.49%
ICICI Bank Ltd.	2.89%
State Bank of India	2.68%
Reliance Industries Ltd.	1.94%
Larsen & Toubro Ltd.	1.73%
Axis Bank Ltd.	1.67%
Mahindra & Mahindra Ltd.	1.64%
Tata Consultancy Services Ltd.	1.45%
Bharti Airtel Ltd.	1.41%
Infosys Ltd.	1.41%

What are the top sectors Mirae Asset Equity Savings Fund has invested in?

The Mirae Asset Equity Savings Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	19.190000000000005%
Services	5.750000000000001%
Automobile	5.5%
Energy	5.18%
Healthcare	5.039999999999999%
Technology	4.8999999999999995%
Metals & Mining	3.5900000000000007%
Capital Goods	3.1300000000000003%
Materials	2.93%
Construction	2.7%

To whom does Mirae Asset Equity Savings Fund lend to?

The top 3 debt holdings of Mirae Asset Equity Savings Fund are as follows

Holding Name	Percentage of Portfolio
GOI	9.37%
Hindalco Industries Ltd.	3.74%
Muthoot Finance Ltd.	2.69%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mirae Asset Equity Savings Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash	28.80237043%
AAA	12.35928914%
SOV	10.67322023%

What is risk level of Mirae Asset Equity Savings Fund?

This is a Equity Savings fund comes with Moderately High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Mirae Asset Equity Savings Fund?

Redeeming your investments in the Mirae Asset Equity Savings Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Equity Savings

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 90 Days.