Mirae Asset Equity Savings Fund Direct IDCW NAV today
AMFI: 145694ISIN: INF769K01EJ3MUTF_IN: MIRA_ASSE_EQUI_1EN3KLSMirae Asset Mutual FundEquity Savings funds
NAV ₹13.4900
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹1,994 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.73%21 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 23.430 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 16930 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 17 Dec 2018
Mirae Asset Equity Savings Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −1.58% | – | – | – | – |
| 1 month | −2.32% | – | 18 of 24 | −1.81% | −2.4% to −1.4% |
| 3 months | −1.05% | – | 13 of 24 | −1.00% | −1.3% to −0.4% |
| 6 months | +0.16% | – | 15 of 24 | +0.36% | −0.2% to +1.6% |
| 1 year | +1.66% | +1.54%to 30 Sep 2026 | 11 of 24 | +1.29% | −0.1% to +2.6% |
| 3 years | +9.56% | +7.06%to 30 Sep 2026 | 3 of 21 | +7.97% | +7.1% to +9.0% |
| 5 years | +8.31% | +6.62%to 30 Sep 2026 | 4 of 21 | +7.32% | +6.5% to +7.9% |
| 10 years | Needs 10 years | – | – | +8.54% | +7.5% to +9.5% |
₹10,000 put in on 18 Dec 2018 is ₹22,484 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: Nifty Equity Savings Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Equity Savings funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +4.85% | +1.54% |
| 3 years | +9.68% | +7.06% |
| 5 years | +8.82% | +6.62% |
| Since launch | +11.17% | +8.48% |
Benchmark: Nifty Equity Savings Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2021, +16.9%; lowest year to Dec 2022, +4.7%
Mirae Asset Equity Savings Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,20,168₹1,20,162 after stamp duty | +0.27% | +0.26% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,91,957₹3,91,937 after stamp duty | +5.69% | +5.68% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,37,598₹7,37,561 after stamp duty | +8.26% | +8.26% | ₹30 | |
| Since Dec 201894 instalments | ₹9,40,000 | ₹14,00,745₹14,00,695 after stamp duty | +10.01% | +10.01% | ₹38 |
10 years: Launched 17 Dec 2018, needs 10 years of history.
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 18 Dec 2018 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year1,691 windows−9.4%+12.1%+44.4%97.2%
3 years1,195 windows+9.4%+12.3%+18.6%100.0%
5 years703 windows+8.3%+12.4%+17.0%100.0%
10 yearsLaunched 17 Dec 2018, needs 11 years of history
Every 3 and 5-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Mirae Asset Equity Savings Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.00 ptsA year, on 21 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.73%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.73%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.23%, Mar 2020.Direct plan lowest 0.25%, Mar 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.31% | 1.16% |
| Brokerage | 0.07% | 0.07% |
| Transaction costs | 0.02% | 0.02% |
| Statutory levies | 0.33% | 0.48% |
Per cent of assets a year, filed for 21 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP-in) on or before completion of 90 days from the date of allotment of units: Nil. b)Any redemption in excess of suchlimits in the first 90 days from the date ofallotment shall be subject to the followingexit load: (Redemption of units would bedone on First in First Out Basis (FIFO): - If redeemed within 90 days from the date of allotment: 1% -If redeemed after 90 days from the dateof allotment: NIL II.Other Redemptions: For Investors whohave not opted for SWP under the plan(including Switch out, STP out): -If redeemed within 90 days from the dateof allotment: 1% -If redeemed after 90 days from the dateof allotment: NILMoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹0
- SIP
- Accepted
- SIP minimum
- ₹500
- SIP instalments, at least
- 5
- SIP dates
- Except 29,30 and 31 all dates
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
As listed for this plan on 24 Oct 2026.
Mirae Asset Equity Savings Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹2,018 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 46.5%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Jun 2018.
Assets at each month end
Highest ₹2,041 Cr, Aug 2026.Lowest ₹76 Cr, Dec 2019.
Mirae Asset Equity Savings Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| ICICI BankBanks | Shares | Large cap5th | 3.28% | 65.32 | 4,94,225 | – | Dec 2018or earlier |
| HDFC BankBanks | Shares | Large cap2nd | 3.01% | 60.00 | 8,46,678 | – | Dec 2018or earlier |
| 8.65% Muthoot Finance Ltd. (MD 31/01/2028)CRISIL AA+, 8.65% coupon, repaid 31 Jan 2028 | Bonds and bills | 2.50% | 49.87 | 50,00,000 | 8.80% | Jul 2026 | |
| 7.88% Muthoot Finance Ltd. (MD 22/11/2028)CRISIL AA+, 7.88% coupon, repaid 22 Nov 2028 | Bonds and bills | 2.46% | 49.07 | 50,00,000 | 8.85% | Nov 2025 | |
| 7.47% Reliance Industries Ltd. (MD 16/09/2031)CRISIL AAA, 7.47% coupon, repaid 16 Sep 2031 | Bonds and bills | 2.44% | 48.68 | 49,00,000 | 7.63% | Sep 2026 | |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 2.24% | 44.68 | 2,54,317 | – | Dec 2018or earlier |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 2.21% | 44.15 | 3,71,984 | – | Dec 2018or earlier |
| Axis BankBanks | Shares | Large cap15th | 2.12% | 42.37 | 3,45,555 | – | Dec 2018or earlier |
| State Bank of IndiaBanks | Shares | Large cap4th | 2.07% | 41.26 | 4,29,980 | – | Dec 2018or earlier |
| 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028)[ICRA]AA+, 7.45% coupon, repaid 19 Jan 2028 | Bonds and bills | 1.99% | 39.70 | 40,00,000 | 8.03% | Jan 2026 | |
| Tata SteelFerrous Metals | Shares | Large cap36th | 1.39% | 27.63 | 14,99,323 | – | Mar 2020 |
| 6.79% Government of India (MD 07/10/2034)Sovereign, 6.79% coupon, repaid 7 Oct 2034 | Bonds and bills | 1.32% | 26.38 | 27,00,000 | 7.30% | Dec 2024 | |
| Kotak Mahindra BankBanks | Shares | Large cap16th | 1.28% | 25.51 | 6,11,710 | – | Jan 2021 |
| 7.32% Government of India (MD 13/11/2030)Sovereign, 7.32% coupon, repaid 13 Nov 2030 | Bonds and bills | 1.27% | 25.39 | 25,00,000 | 6.99% | May 2024 | |
| Titan CompanyConsumer Durables | Shares | Large cap18th | 1.27% | 25.37 | 55,300 | – | Oct 2022 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Kotak Mahindra Bank Ltd. | −0.96% | −19.18 | −4,60,000 |
| Eicher Motors Ltd. | −0.93% | −18.57 | −25,800 |
| Axis Bank Ltd. | −0.87% | −17.27 | −1,40,625 |
| ICICI Bank Ltd. | −0.86% | −17.12 | −1,28,800 |
| Tata Steel Ltd. | −0.80% | −15.96 | −8,58,000 |
| Hindustan Aeronautics Ltd. | −0.76% | −15.24 | −32,400 |
| Titan Company Ltd. | −0.75% | −14.90 | −32,200 |
| Tata Power Company Ltd. | −0.72% | −14.36 | −3,98,750 |
| Sun Pharmaceutical Industries Ltd. | −0.71% | −14.11 | −77,000 |
| FSN E-Commerce Ventures Ltd. | −0.69% | −13.70 | −4,25,000 |
| Mahindra & Mahindra Ltd. | −0.66% | −13.22 | −44,800 |
| Aditya Birla Capital Ltd. | −0.64% | −12.70 | −3,31,700 |
| Jindal Steel Ltd. | −0.58% | −11.59 | −1,01,875 |
| Aurobindo Pharma Ltd. | −0.57% | −11.44 | −68,200 |
| Adani Ports and Special Economic Zone Ltd. | −0.55% | −11.05 | −61,750 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS | 3.17% | 63.19 |
| Net Receivables / (Payables) | 2.28% | 45.52 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 3.28%ICICI Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 13.69%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 24.33%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 20.13%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 79.2Taken over 94.55% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares64.89%
- Bonds and bills29.66%
- Cash and receivables5.45%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−27.16%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.27.16%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap69.48%Category 78.12%
- Mid cap18.06%Category 13.78%
- Small cap11.05%Category 7.50%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 0.91% of the fund. Category is the average of 24 Equity Savings funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.16sectors
- Financial Services12.80%Category 10.24%
- Healthcare3.93%Category 3.27%
- Automobile And Auto Components3.03%Category 2.63%
- Oil Gas & Consumable Fuels2.36%Category 1.94%
- Capital Goods1.89%Category 1.90%
- Consumer Services1.80%Category 1.34%
- Consumer Durables1.77%Category 0.98%
- Telecommunication1.74%Category 1.27%
- Information Technology1.65%Category 1.75%
- Services1.45%Category 0.54%
- Fast Moving Consumer Goods1.32%Category 1.84%
- Chemicals1.06%Category 0.65%
- Metals & Mining1.06%Category 0.73%
- Power0.71%Category 1.16%
- Construction Materials0.65%Category 0.57%
- Construction0.53%Category 0.82%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 24 Equity Savings funds. Category average. The sector's weight, less the futures sold on it, averaged over the 24 Equity Savings funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services37 companies | 12.80% | 13.63% | 13.43% | 13.48% | 12.55% | 13.04% | 12.95% | 14.23% | 14.06% | 12.79% | 12.72% | 12.79% | |
| Healthcare16 companies | 3.93% | 3.73% | 3.55% | 3.56% | 2.89% | 2.72% | 2.93% | 2.97% | 3.22% | 2.84% | 2.80% | 2.96% | |
| Automobile And Auto Components10 companies | 3.03% | 2.97% | 3.46% | 3.20% | 3.04% | 2.90% | 2.72% | 2.96% | 3.10% | 2.93% | 3.12% | 3.20% | |
| Oil Gas & Consumable Fuels8 companies | 2.36% | 2.48% | 2.72% | 2.78% | 2.39% | 2.33% | 2.29% | 2.36% | 2.44% | 2.74% | 2.97% | 3.10% | |
| Capital Goods11 companies | 1.89% | 1.62% | 1.32% | 1.22% | 1.26% | 1.38% | 1.37% | 1.43% | 1.29% | 1.10% | 1.16% | 1.39% | |
| Consumer Services5 companies | 1.80% | 1.83% | 1.73% | 1.73% | 1.70% | 1.77% | 1.73% | 1.67% | 1.83% | 1.65% | 1.45% | 1.52% | |
| Consumer Durables8 companies | 1.77% | 1.84% | 1.78% | 1.76% | 1.71% | 1.76% | 1.71% | 1.60% | 1.31% | 1.29% | 1.25% | 1.21% | |
| Telecommunication2 companies | 1.74% | 1.74% | 2.06% | 1.97% | 2.00% | 2.21% | 2.21% | 2.15% | 1.69% | 1.48% | 1.51% | 1.51% | |
| Information Technology6 companies | 1.65% | 1.83% | 1.86% | 1.71% | 2.07% | 2.30% | 2.60% | 2.65% | 2.97% | 2.93% | 2.99% | 2.93% | |
| Services6 companies | 1.45% | 1.91% | 2.21% | 2.29% | 2.29% | 2.31% | 2.19% | 2.33% | 2.44% | 2.01% | 1.74% | 1.73% | |
| Fast Moving Consumer Goods9 companies | 1.32% | 1.31% | 1.06% | 1.20% | 1.35% | 1.45% | 1.39% | 1.55% | 1.67% | 1.82% | 1.62% | 1.72% | |
| Chemicals6 companies | 1.06% | 0.94% | 0.64% | 0.63% | 0.64% | 0.63% | 0.53% | 0.59% | 0.55% | 0.55% | 0.54% | 0.62% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 7.84%Lines stating a yield: 90.35% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 7.11%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 1.03years
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 355days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 1.46years
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign9.67%
- AAA11.79%
- AA8.19%
Other
- Overnight lending3.17%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month3.17%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 months0.43%
- 1 to 3 years16.93%
- 3 to 5 years3.76%
- 5 to 10 years5.69%
- Over 10 years2.85%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 4.96%Muthoot Finance Limited
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 14.94%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 19.99%
Per cent of the fund's net assets. Lent outside the government: 19.99% of the fund, to 9 borrowers; the borrower is named for 100.00% of it, its group for 22.29%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 125.72% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 133.95% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 12
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 9
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 224
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 3.95%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 9.19%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| 7.47% Reliance Industries Ltd. (MD 16/09/2031) | New | 2.44% | 0.00% | +2.44 pts | +49,00,000 |
| 7.38% REC Ltd. (MD 28/02/2029) | New | 1.24% | 0.00% | +1.24 pts | +25,00,000 |
| 8.14% Kotak Mahindra Prime Ltd. (MD 10/02/2027) | Sold out | – | 0.71% | −0.71 pts | −14,50,000 |
| Union Bank of India (MD 03/03/2027) | Sold out | – | 0.52% | −0.52 pts | −11,00,000 |
| 7.06% Government of India (MD 27/07/2041) | New | 0.49% | 0.00% | +0.49 pts | +10,00,000 |
| NTPC | Trimmed | 0.54% | 0.92% | −0.38 pts | −2,40,000 |
| ABB India | Sold out | – | 0.30% | −0.30 pts | −7,960 |
| Symbiotec Pharmalab | Added | 0.30% | 0.01% | +0.30 pts | +50,000 |
| Kirloskar Oil Engines | Added | 0.30% | 0.01% | +0.29 pts | +25,122 |
| L&T Finance | Sold out | – | 0.26% | −0.26 pts | −1,66,192 |
| Steel Authority of India | Sold out | – | 0.26% | −0.26 pts | −2,67,900 |
| Neogen Chemicals | Added | 0.52% | 0.27% | +0.25 pts | +17,390 |
| Kotak Mahindra Bank Ltd. (MD 18/12/2026) | Sold out | – | 0.24% | −0.24 pts | −5,00,000 |
| National Bank for Agriculture and Rural Development (MD 04/02/2027) | Sold out | – | 0.24% | −0.24 pts | −5,00,000 |
| LIC Housing Finance | Sold out | – | 0.22% | −0.22 pts | −84,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 9 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 ICICI Bank | 2.65%Added | 2.61% | 2.89%Added | 2.88% | 2.82%Cut | 2.74%Added | 2.84%Added | 3.18%Added | 3.43% | 3.53% | 3.52% | 3.28% |
 HDFC Bank | 4.55%Added | 4.61%Added | 4.49%Added | 4.76%Added | 4.79%Added | 4.16%Added | 4.19% | 3.98% | 3.41%Cut | 3.16% | 2.94% | 3.01% |
| 8.65% Muthoot Finance Ltd. (MD 31/01/2028) | – | – | – | – | – | – | – | – | – | 2.49%Bought | 2.45% | 2.50% |
| 7.88% Muthoot Finance Ltd. (MD 22/11/2028) | – | 1.38%Bought | 2.69%Added | 2.64% | 2.63% | 2.70% | 2.57% | 2.52% | 2.50% | 2.46% | 2.41% | 2.46% |
| 7.47% Reliance Industries Ltd. (MD 16/09/2031) | – | – | – | – | – | – | – | – | – | – | – | 2.44%Bought |
 Bharti Airtel | 1.48%Cut | 1.44% | 1.41% | 1.56%Added | 2.16%Added | 2.23%Added | 2.25% | 2.15% | 2.14% | 2.25% | 2.26%Added | 2.24% |
 Reliance Industries | 1.98% | 2.00% | 1.94% | 1.92%Added | 1.90% | 1.96%Added | 2.31%Added | 2.20%Added | 2.43%Added | 2.42% | 2.33% | 2.21% |
 Axis Bank | 1.75% | 1.73% | 1.67% | 2.00%Added | 1.91%Cut | 1.66% | 1.73% | 2.05%Added | 2.11% | 1.96%Added | 2.04% | 2.12%Added |
 State Bank of India | 2.86%Cut | 2.74%Cut | 2.68% | 2.90% | 2.41%Cut | 2.34%Added | 2.12%Cut | 1.99%Added | 2.08% | 2.06% | 2.23%Added | 2.07% |
| 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028) | – | – | – | 2.12%Bought | 2.10% | 2.17% | 2.07% | 2.03% | 2.01% | 1.99% | 1.95% | 1.99% |
 Tata Steel | 1.30%Added | 1.23%Added | 1.28% | 1.36% | 1.48% | 1.39% | 1.46% | 1.41% | 1.42%Added | 1.42% | 1.35% | 1.39% |
| 6.79% Government of India (MD 07/10/2034) | 1.58% | 1.51% | 1.46% | 1.44% | 1.43% | 1.45% | 1.38% | 1.36% | 1.37% | 1.35% | 1.32% | 1.32% |
 Kotak Mahindra Bank | 1.48% | 1.43% | 1.29%Cut | 1.18% | 1.19% | 1.05% | 1.09% | 1.08% | 1.08% | 1.26%Added | 1.46%Added | 1.28%Cut |
| 7.32% Government of India (MD 13/11/2030) | 1.51% | 1.44% | 1.39% | 1.37% | 1.37% | 1.39% | 1.33% | 1.31% | 1.30% | 1.29% | 1.26% | 1.27% |
 Mahindra & Mahindra | 1.66% | 1.70% | 1.64% | 1.61%Added | 1.44%Cut | 1.30% | 1.46%Added | 1.41% | 1.40% | 1.45%Cut | 1.38% | 1.27% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap. The 85 holdings no longer held, sold or repaid within these months, are not listed.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 1,065.3% in Jun 2020
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Equity Savings funds (21 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.6.39%
2.70%Lowest5.09%Average8.26%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.3.60%
1.26%Lowest2.84%Average5.26%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.56
0.07Lowest0.41Average1.11Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.83
0.10Lowest0.60Average1.77Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 and 3 years | −5.13% | 18 Feb 2026 | 30 Mar 2026 | 18 Jun 2026 |
| 5 years | −6.93% | 17 Jan 2022 | 17 Jun 2022 | 12 Aug 2022 |
| Since Dec 2018 | −18.20% | 20 Feb 2020 | 23 Mar 2020 | 23 Jul 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2021 to Aug 202659 months | Moderately High | ModerateNifty Equity Savings Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Mirae Asset Equity Savings Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Harshad BorawakePrimary | Oct 2019 | +11.45%a year | – | – | 42.2% | 42.9% | 4 | ₹16,950 Cr |
| Vrijesh KaseraPrimary | Oct 2019 | +11.45%a year | – | – | 42.2% | 42.9% | 3 | ₹14,728 Cr |
| Bharti SawantPrimary | Dec 2020 | +10.43%a year | – | – | 42.8% | 39.5% | 2 | ₹2,479 Cr₹484 Cr alone |
| Basant BafnaPrimary | Dec 2025 | +2.21%over 291 days | – | – | 19.5% | 24.4% | 9 | ₹21,694 Cr₹4,744 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Mirae Asset Aggressive Hybrid FundHarshad Borawake | Apr 2020 | +18.02%a year | – | – | ₹9,239 Cr |
| Mirae Asset Multi Asset Allocation FundHarshad Borawake | Jan 2024 | +12.65%a year | – | – | ₹3,607 Cr |
| Mirae Asset Balanced Advantage FundHarshad Borawake | Aug 2022 | +10.63%a year | – | – | ₹2,109 Cr |
| Mirae Asset Aggressive Hybrid FundVrijesh Kasera | Apr 2020 | +18.02%a year | – | – | ₹9,239 Cr |
| Mirae Asset Healthcare FundVrijesh Kasera | Jul 2018 | +21.25%a year | – | – | ₹3,494 Cr |
| Mirae Asset Infrastructure FundBharti Sawant | Dec 2025 | +11.73%over 312 days | – | – | ₹484 Cr |
| Mirae Asset Aggressive Hybrid FundBasant Bafna | Dec 2025 | −1.02%over 291 days | – | – | ₹9,239 Cr |
| Mirae Asset Multi Asset Allocation FundBasant Bafna | Dec 2025 | +1.55%over 291 days | – | – | ₹3,607 Cr |
| Mirae Asset Ultra Short to Short Term FundBasant Bafna | Feb 2024 | +7.38%a year | – | – | ₹2,290 Cr |
| Mirae Asset Balanced Advantage FundBasant Bafna | Dec 2025 | +0.57%over 291 days | – | – | ₹2,109 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Baroda BNP Paribas Equity Savings FundBaroda BNP Paribas Mutual Fund | 34.02% | 39 |
| Axis Equity Savings FundAxis Mutual Fund | 33.17% | 60 |
| Aditya Birla Sun Life Equity Savings FundAditya Birla Sun Life Mutual Fund | 32.97% | 61 |
| HDFC Equity Savings FundHDFC Mutual Fund | 32.96% | 54 |
| UTI Equity Savings FundUTI Mutual Fund | 32.66% | 36 |
| Nippon India Equity Savings FundNippon India Mutual Fund | 31.71% | 43 |
| Bandhan Equity Savings FundBandhan Mutual Fund | 31.53% | 40 |
| HSBC Equity Savings FundHSBC Mutual Fund | 31.50% | 57 |
| ICICI Prudential Equity Savings FundICICI Prudential Mutual Fund | 31.41% | 68 |
| Edelweiss Equity Savings FundEdelweiss Mutual Fund | 30.44% | 77 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund | 61.06% |
| Mirae Asset Multi Asset Allocation FundMirae Asset Mutual Fund | 57.03% |
| Mirae Asset Aggressive Hybrid FundMirae Asset Mutual Fund | 51.83% |
| Mirae Asset Arbitrage FundMirae Asset Mutual Fund | 30.78% |
As the fund house states it, for Sep 2026.
Mirae Asset Equity Savings Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹1.165 a unit, Jan 2026.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 28 Jan 2026 | ₹1.165 | 8.02% | ₹14.5200 | ₹13.3800 |
| 25 Mar 2025 | ₹1.15 | 7.91% | ₹14.5360 | ₹13.3360 |
| 6 Aug 2024 | ₹0.27 | 1.88% | ₹14.3520 | ₹14.1710 |
| 22 Mar 2024 | ₹1.15 | 7.93% | ₹14.5100 | ₹13.3590 |
| 14 Feb 2023 | ₹1.10 | 8.19% | ₹13.4280 | ₹12.3540 |
| 22 Mar 2022 | ₹1.05 | 7.59% | ₹13.8370 | ₹12.7780 |
| 23 Mar 2021 | ₹1.05 | 7.79% | ₹13.4750 | ₹12.3250 |
All 7 payouts since 23 Mar 2021.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
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.
Asset allocation
- Indian Equities and Equity Related Securities - 65% to 90% (Medium to High) i)
- Net Long Equity Exposure (unhedged)- 15% to 40% (High) ii) Equities, equity related instruments and derivatives including index futures, stock futures, index options & stock options etc. as part of hedged / arbitrage exposure ** - 25% to 75% (Low to Medium)
- Debt and Money market instruments Units issued by InVITs and units of Domestic Mutual Funds - 0% to 10% (Low to Medium)
- In defensive circumstances the asset allocation will be as per the below table: Equities and Equity Related Instruments: 15% to 65% i) Net Long Equity Exposure (unhedged)* : 10%- 40% ii) Equities, equity related instruments and derivatives including index futures, stock futures, index options & stock options etc. as part of hedged / arbitrage exposure - 0% to 55%
- Debt and Money market instruments : 35% to 85%
- Units issued by InVITs and units of Domestic Mutual Funds : 0% to 10%
^The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund (including Liquid ETFs) of Domestic Mutual Fund.
Type of scheme
Equity Savings Fund - An open ended scheme investing in equity, arbitrage and debt
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- Nifty Equity Savings Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately High
- New fund offer
- 26 Nov 2018 to 10 Dec 2018
- Units first allotted
- 17 Dec 2018
- Open for sale again
- 18 Dec 2018
- Price at the offer
- ₹10 a unit
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 145693 | INF769K01EK1 | MIRA_ASSE_EQUI_1N6T1Y3 | 18 Dec 2018 | |
| Regular Growth | 145695 | INF769K01EI5 | MIRA_ASSE_EQUI_IY98G4 | 18 Dec 2018 | |
| Direct IDCW | 145694 | INF769K01EJ3 | INF769K01EM7 | MIRA_ASSE_EQUI_1EN3KLS | 18 Dec 2018 |
| Regular IDCW | 145696 | INF769K01EH7 | INF769K01EL9 | MIRA_ASSE_EQUI_13S4QPP | 18 Dec 2018 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- October 2026 - Active Fund Factsheet (opens in a new tab)Mirae Asset Mutual Fund, Sep 2026
Statement of additional information
- SAI Mirae Asset Mutual Fund (opens in a new tab)Mirae Asset Mutual Fund, Oct 2026
Annual report
- Mirae Asset Mutual Fund – Annual Report 2025-2026 (opens in a new tab)Mirae Asset Mutual Fund, Mar 2026
- Mirae Asset Mutual Fund – Abridged Annual Report 2025-2026 (opens in a new tab)Mirae Asset Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Riskometer for the FY 2025-26 (opens in a new tab)Mirae Asset Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap Report for the month of September 2026 (opens in a new tab)Mirae Asset Mutual Fund, Sep 2026