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Best Mirae Mutual Fund Schemes 2021
Mirae Mutual Fund is one of the fastest growing AMCs in India. The fund house provides funds under 3 major categories – equity, thematic and fixed Income. The funds they offer have shown a stable performance over the last few years.
Investors who wish to attain long-term Investment plan can prefer Investing in Equity Funds. But an investor should have a high-tolerance level to invest in equities. Investors with an average risk can ideally invest in fixed income and earn optimal returns over the time. Following are the best Mirae Asset Mutual Fund schemes to invest for 2021. These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, peer average returns, etc.
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Why Invest in Mirae Mutual Fund?
The investment options that the AMC offers is diversified across alternative and traditional asset classes
The global team of Mirae Asset fund house consists of more than 165 investment professionals who follow a thorough on-the-ground research of strategically important markets
The AMC provides investors with astute financial strategies and attractive returns on their investments
The fund house is one of Asia’s largest fund managers and it manages assets worth $126.5 billion worldwide
Best Mutual Funds by Mirae Asset Management Company
Fund NAV Net Assets (Cr) Min Investment Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2020 (%) Mirae Asset India Equity Fund Growth ₹82.999
↑ 0.85 ₹29,425 5,000 1,000 15 28.7 54.5 21.7 17.6 13.7 Mirae Asset Great Consumer Fund Growth ₹57.144
↑ 0.42 ₹1,488 5,000 1,000 14.6 28.6 61 21.8 18.5 11.2 Mirae Asset Cash Management Fund Growth ₹2,181.62
↑ 0.17 ₹4,373 5,000 1,000 0.8 1.6 3.3 5 5.7 4.2 Mirae Asset Savings Fund Growth ₹1,816.48
↑ 0.20 ₹1,079 5,000 1,000 0.8 1.7 3.4 5.6 5.7 6.7 Mirae Asset Emerging Bluechip Fund Growth ₹102.739
↑ 0.96 ₹20,615 5,000 0 14.8 32.5 72 29.6 21.5 22.4 Mirae Asset Tax Saver Fund Growth ₹32.706
↑ 0.33 ₹9,401 500 500 14.3 30.4 66.1 27.2 21.7 21.5 Mirae Asset Hybrid Equity Fund Growth ₹22.688
↑ 0.16 ₹5,949 5,000 1,000 10.1 22.2 43.5 19.1 15.1 13.7 Mirae Asset Dynamic Bond Fund Growth ₹13.4232
↑ 0.00 ₹139 5,000 1,000 0.8 1.8 2.7 8.7 9.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Oct 21
(Erstwhile Mirae Asset India Opportunities Fund) The investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities. Mirae Asset India Equity Fund is a Equity - Multi Cap fund was launched on 4 Apr 08. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset India Equity Fund Returns up to 1 year are on The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies/funds that are likely to benefit either directly or indirectly from consumption led demand in India. The Scheme does not guarantee or assure any returns Mirae Asset Great Consumer Fund is a Equity - Sectoral fund was launched on 29 Mar 11. It is a fund with High risk and has given a Below is the key information for Mirae Asset Great Consumer Fund Returns up to 1 year are on The investment objective of the scheme
is to generate consistent returns with a
high level of liquidity in a judicious
portfolio mix comprising of money
market and debt instruments. The
Scheme does not guarantee any
returns. Mirae Asset Cash Management Fund is a Debt - Liquid Fund fund was launched on 12 Jan 09. It is a fund with Low risk and has given a Below is the key information for Mirae Asset Cash Management Fund Returns up to 1 year are on The investment objective of the scheme is to seek to generate returns with low volatility and higher liquidity through a portfolio of debt and money market instruments. The scheme does not guarantee any returns. Mirae Asset Savings Fund is a Debt - Low Duration fund was launched on 5 Mar 08. It is a fund with Moderately Low risk and has given a Below is the key information for Mirae Asset Savings Fund Returns up to 1 year are on The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction. The Scheme does not guarantee or assure any returns. Mirae Asset Emerging Bluechip Fund is a Equity - Large & Mid Cap fund was launched on 9 Jul 10. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset Emerging Bluechip Fund Returns up to 1 year are on The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns. Mirae Asset Tax Saver Fund is a Equity - ELSS fund was launched on 28 Dec 15. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset Tax Saver Fund Returns up to 1 year are on (Erstwhile Mirae Asset Prudence Fund) The investment objective of the Scheme is to generate capital appreciation along with current income from a combined portfolio of predominantly investing in equity & equity related instruments and balance in debt and money market instruments.
The Scheme does not guarantee or assure any returns. Mirae Asset Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 29 Jul 15. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset Hybrid Equity Fund Returns up to 1 year are on The objective of the Scheme is to generate optimal returns through active management of a portfolio of debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. Mirae Asset Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 24 Mar 17. It is a fund with Moderate risk and has given a Below is the key information for Mirae Asset Dynamic Bond Fund Returns up to 1 year are on 1. Mirae Asset India Equity Fund
CAGR/Annualized return of 16.9% since its launch. Ranked 19 in Multi Cap category. Return for 2020 was 13.7% , 2019 was 12.7% and 2018 was -0.6% . Mirae Asset India Equity Fund
Growth Launch Date 4 Apr 08 NAV (14 Oct 21) ₹82.999 ↑ 0.85 (1.03 %) Net Assets (Cr) ₹29,425 on 31 Aug 21 Category Equity - Multi Cap AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.31 Sharpe Ratio 2.92 Information Ratio 0.15 Alpha Ratio 4.17 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹12,128 30 Sep 18 ₹13,023 30 Sep 19 ₹13,965 30 Sep 20 ₹14,106 30 Sep 21 ₹21,767 Returns for Mirae Asset India Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 5.4% 3 Month 15% 6 Month 28.7% 1 Year 54.5% 3 Year 21.7% 5 Year 17.6% 10 Year 15 Year Since launch 16.9% Historical performance (Yearly) on absolute basis
Year Returns 2020 13.7% 2019 12.7% 2018 -0.6% 2017 38.6% 2016 8.1% 2015 4.3% 2014 52.9% 2013 8.9% 2012 33.3% 2011 -19.6% Fund Manager information for Mirae Asset India Equity Fund
Name Since Tenure Harshad Borawake 1 May 17 4.34 Yr. Gaurav Misra 31 Jan 19 2.59 Yr. Data below for Mirae Asset India Equity Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Financial Services 36.73% Technology 15.69% Energy 9.13% Industrials 8.15% Consumer Cyclical 6.63% Consumer Defensive 6.3% Health Care 6.27% Basic Materials 4.98% Communication Services 3.91% Utility 1.05% Asset Allocation
Asset Class Value Cash 1.15% Equity 98.84% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY9% ₹2,725 Cr 15,969,087
↓ -473,933 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹2,612 Cr 16,514,451 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK9% ₹2,518 Cr 35,018,199 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE7% ₹2,121 Cr 9,392,068
↓ -325,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 5322155% ₹1,438 Cr 18,277,484 State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN4% ₹1,225 Cr 28,747,748
↑ 4,337,526 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS4% ₹1,162 Cr 3,069,768 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL3% ₹979 Cr 14,737,761
↓ -1,749,468 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 15 | 5006962% ₹735 Cr 2,696,647
↓ -534,964 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT2% ₹673 Cr 4,025,716 2. Mirae Asset Great Consumer Fund
CAGR/Annualized return of 18% since its launch. Ranked 7 in Sectoral category. Return for 2020 was 11.2% , 2019 was 8.6% and 2018 was 1.9% . Mirae Asset Great Consumer Fund
Growth Launch Date 29 Mar 11 NAV (14 Oct 21) ₹57.144 ↑ 0.42 (0.74 %) Net Assets (Cr) ₹1,488 on 31 Aug 21 Category Equity - Sectoral AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.99 Sharpe Ratio 3.66 Information Ratio 0.51 Alpha Ratio 18.82 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹12,271 30 Sep 18 ₹13,355 30 Sep 19 ₹14,747 30 Sep 20 ₹14,712 30 Sep 21 ₹22,789 Returns for Mirae Asset Great Consumer Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 4.3% 3 Month 14.6% 6 Month 28.6% 1 Year 61% 3 Year 21.8% 5 Year 18.5% 10 Year 15 Year Since launch 18% Historical performance (Yearly) on absolute basis
Year Returns 2020 11.2% 2019 8.6% 2018 1.9% 2017 51% 2016 2% 2015 3.8% 2014 42.7% 2013 9.9% 2012 35.6% 2011 Fund Manager information for Mirae Asset Great Consumer Fund
Name Since Tenure Ankit Jain 5 Oct 16 4.91 Yr. Data below for Mirae Asset Great Consumer Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Consumer Defensive 37.32% Consumer Cyclical 28.07% Financial Services 12.02% Basic Materials 8.02% Communication Services 6.79% Industrials 4.39% Health Care 2.51% Asset Allocation
Asset Class Value Cash 0.89% Equity 99.1% Other 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL7% ₹101 Cr 1,520,000 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC7% ₹97 Cr 4,600,000 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 15 | 5006965% ₹82 Cr 300,000
↓ -25,000 Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 19 | 5008254% ₹64 Cr 160,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | MARUTI4% ₹60 Cr 87,000 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 May 18 | 5323434% ₹56 Cr 1,070,000
↑ 40,000 Marico Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | 5316424% ₹56 Cr 1,030,000
↑ 130,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 19 | 5322154% ₹54 Cr 690,000
↑ 20,000 United Spirits Ltd (Consumer Defensive)
Equity, Since 30 Nov 20 | 5324323% ₹45 Cr 630,000 Voltas Ltd (Industrials)
Equity, Since 30 Sep 15 | VOLTAS3% ₹42 Cr 420,000
↑ 129,118 3. Mirae Asset Cash Management Fund
CAGR/Annualized return of 6.3% since its launch. Ranked 48 in Liquid Fund category. Return for 2020 was 4.2% , 2019 was 6.6% and 2018 was 7.3% . Mirae Asset Cash Management Fund
Growth Launch Date 12 Jan 09 NAV (14 Oct 21) ₹2,181.62 ↑ 0.17 (0.01 %) Net Assets (Cr) ₹4,373 on 31 Aug 21 Category Debt - Liquid Fund AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆☆ Risk Low Expense Ratio 0.15 Sharpe Ratio -4.47 Information Ratio -3.35 Alpha Ratio -0.31 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 3.27% Effective Maturity 23 Days Modified Duration 22 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,659 30 Sep 18 ₹11,416 30 Sep 19 ₹12,230 30 Sep 20 ₹12,811 30 Sep 21 ₹13,228 Returns for Mirae Asset Cash Management Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 0.3% 3 Month 0.8% 6 Month 1.6% 1 Year 3.3% 3 Year 5% 5 Year 5.7% 10 Year 15 Year Since launch 6.3% Historical performance (Yearly) on absolute basis
Year Returns 2020 4.2% 2019 6.6% 2018 7.3% 2017 6.6% 2016 7.2% 2015 7.8% 2014 8.7% 2013 8.2% 2012 8% 2011 6.9% Fund Manager information for Mirae Asset Cash Management Fund
Name Since Tenure Mahendra Jajoo 8 Sep 16 4.98 Yr. Abhishek Iyer 28 Dec 20 0.67 Yr. Data below for Mirae Asset Cash Management Fund as on 31 Aug 21
Asset Allocation
Asset Class Value Cash 100% Debt Sector Allocation
Sector Value Cash Equivalent 86.61% Corporate 7.68% Government 5.71% Credit Quality
Rating Value AA 1.48% AAA 98.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 DTB 02122021
Sovereign Bonds | -5% ₹248 Cr 25,000,000
↑ 25,000,000 91 DTB 30092021
Sovereign Bonds | -4% ₹200 Cr 20,000,000 182 DTB 12112021
Sovereign Bonds | -3% ₹124 Cr 12,500,000 364 DTB 04112021
Sovereign Bonds | -3% ₹119 Cr 12,000,000
↑ 12,000,000 364 DTB 16092021
Sovereign Bonds | -2% ₹100 Cr 10,000,000 182 DTB 14102021
Sovereign Bonds | -2% ₹100 Cr 10,000,000 91 DTB 14102021
Sovereign Bonds | -2% ₹100 Cr 10,000,000 182 DTB 18112021
Sovereign Bonds | -2% ₹90 Cr 9,000,000 8.79% Govt Stock 2021
Sovereign Bonds | -1% ₹50 Cr 5,000,000 91 DTB 16092021
Sovereign Bonds | -1% ₹50 Cr 5,000,000 4. Mirae Asset Savings Fund
CAGR/Annualized return of 4.5% since its launch. Ranked 84 in Low Duration category. Return for 2020 was 6.7% , 2019 was 5.8% and 2018 was 6.6% . Mirae Asset Savings Fund
Growth Launch Date 5 Mar 08 NAV (14 Oct 21) ₹1,816.48 ↑ 0.20 (0.01 %) Net Assets (Cr) ₹1,079 on 31 Aug 21 Category Debt - Low Duration AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆ Risk Moderately Low Expense Ratio 0.5 Sharpe Ratio 0.64 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 3.91% Effective Maturity 9 Months 12 Days Modified Duration 8 Months 8 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,643 30 Sep 18 ₹11,222 30 Sep 19 ₹11,991 30 Sep 20 ₹12,776 30 Sep 21 ₹13,246 Returns for Mirae Asset Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 0.1% 3 Month 0.8% 6 Month 1.7% 1 Year 3.4% 3 Year 5.6% 5 Year 5.7% 10 Year 15 Year Since launch 4.5% Historical performance (Yearly) on absolute basis
Year Returns 2020 6.7% 2019 5.8% 2018 6.6% 2017 5.8% 2016 6.9% 2015 7% 2014 8% 2013 8% 2012 2011 Fund Manager information for Mirae Asset Savings Fund
Name Since Tenure Mahendra Jajoo 8 Sep 16 4.98 Yr. Data below for Mirae Asset Savings Fund as on 31 Aug 21
Asset Allocation
Asset Class Value Cash 48.2% Debt 51.8% Debt Sector Allocation
Sector Value Corporate 36.01% Cash Equivalent 34.77% Government 29.22% Credit Quality
Rating Value AA 8.25% AAA 91.75% Top Securities Holdings / Portfolio
Name Holding Value Quantity Manappuram Finance Limited
Debentures | -5% ₹56 Cr 5,500,000 Hindustan Petroleum Corporation Limited
Debentures | -4% ₹41 Cr 4,000,000 8.60% Tamil Nadu SDL 2023
Sovereign Bonds | -2% ₹27 Cr 2,500,000 Power Finance Corporation Limited
Debentures | -2% ₹26 Cr 2,500,000
↑ 2,500,000 NTPC Limited
Debentures | -2% ₹26 Cr 2,500,000 National Highways Authority of India
Debentures | -2% ₹25 Cr 2,500,000 Housing Development Finance Corporation Limited
Debentures | -2% ₹25 Cr 2,500,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹25 Cr 2,500,000 Housing Development Finance Corporation Limited
Debentures | -2% ₹25 Cr 2,500,000 Power Grid Corporation of India Limited
Debentures | -2% ₹21 Cr 2,000,000 5. Mirae Asset Emerging Bluechip Fund
CAGR/Annualized return of 23% since its launch. Return for 2020 was 22.4% , 2019 was 14.7% and 2018 was -5.4% . Mirae Asset Emerging Bluechip Fund
Growth Launch Date 9 Jul 10 NAV (14 Oct 21) ₹102.739 ↑ 0.96 (0.95 %) Net Assets (Cr) ₹20,615 on 31 Aug 21 Category Equity - Large & Mid Cap AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderately High Expense Ratio 1.5 Sharpe Ratio 3.91 Information Ratio 2.1 Alpha Ratio 9.7 Min Investment 5,000 Min SIP Investment 0 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹12,534 30 Sep 18 ₹12,753 30 Sep 19 ₹14,197 30 Sep 20 ₹15,411 30 Sep 21 ₹25,961 Returns for Mirae Asset Emerging Bluechip Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 4.9% 3 Month 14.8% 6 Month 32.5% 1 Year 72% 3 Year 29.6% 5 Year 21.5% 10 Year 15 Year Since launch 23% Historical performance (Yearly) on absolute basis
Year Returns 2020 22.4% 2019 14.7% 2018 -5.4% 2017 49% 2016 12.2% 2015 14.1% 2014 84.6% 2013 8.6% 2012 45.6% 2011 -15.2% Fund Manager information for Mirae Asset Emerging Bluechip Fund
Name Since Tenure Neelesh Surana 9 Jul 10 11.15 Yr. Ankit Jain 31 Jan 19 2.58 Yr. Data below for Mirae Asset Emerging Bluechip Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Financial Services 33.79% Basic Materials 12.19% Health Care 10.72% Consumer Cyclical 10.34% Industrials 10.25% Technology 9.65% Communication Services 3.69% Utility 2.86% Consumer Defensive 2.14% Energy 1.45% Asset Allocation
Asset Class Value Cash 0.72% Equity 99.28% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | ICICIBANK6% ₹1,285 Cr 17,874,841
↓ -400,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 17 | HDFCBANK6% ₹1,191 Cr 7,534,044 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 5322155% ₹989 Cr 12,570,088 Infosys Ltd (Technology)
Equity, Since 31 Jan 18 | INFY4% ₹927 Cr 5,432,584
↓ -445,000 State Bank of India (Financial Services)
Equity, Since 30 Apr 18 | SBIN3% ₹689 Cr 16,160,277
↑ 250,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL3% ₹651 Cr 9,810,111
↓ -725,000 JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 12 | JKCEMENT3% ₹565 Cr 1,726,914 Mphasis Ltd (Technology)
Equity, Since 31 Jan 21 | 5262993% ₹556 Cr 1,920,120
↓ -85,000 Voltas Ltd (Industrials)
Equity, Since 31 Dec 14 | VOLTAS3% ₹529 Cr 5,312,957
↑ 795,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS2% ₹505 Cr 1,335,005
↓ -160,000 6. Mirae Asset Tax Saver Fund
CAGR/Annualized return of 22.7% since its launch. Return for 2020 was 21.5% , 2019 was 14.1% and 2018 was -2.3% . Mirae Asset Tax Saver Fund
Growth Launch Date 28 Dec 15 NAV (14 Oct 21) ₹32.706 ↑ 0.33 (1.01 %) Net Assets (Cr) ₹9,401 on 31 Aug 21 Category Equity - ELSS AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderately High Expense Ratio 1.4 Sharpe Ratio 3.45 Information Ratio 1.57 Alpha Ratio 9.53 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹12,717 30 Sep 18 ₹13,562 30 Sep 19 ₹14,761 30 Sep 20 ₹15,789 30 Sep 21 ₹25,942 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 5.1% 3 Month 14.3% 6 Month 30.4% 1 Year 66.1% 3 Year 27.2% 5 Year 21.7% 10 Year 15 Year Since launch 22.7% Historical performance (Yearly) on absolute basis
Year Returns 2020 21.5% 2019 14.1% 2018 -2.3% 2017 47.9% 2016 14.8% 2015 2014 2013 2012 2011 Fund Manager information for Mirae Asset Tax Saver Fund
Name Since Tenure Neelesh Surana 28 Dec 15 5.68 Yr. Data below for Mirae Asset Tax Saver Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Financial Services 38.91% Basic Materials 12.22% Technology 12.08% Consumer Cyclical 7.81% Industrials 7.57% Health Care 6.91% Consumer Defensive 3.78% Communication Services 3.46% Utility 1.65% Energy 1.18% Asset Allocation
Asset Class Value Cash 0.41% Equity 99.59% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK8% ₹787 Cr 4,979,722
↑ 50,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK7% ₹672 Cr 9,338,912 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY6% ₹599 Cr 3,511,693
↓ -60,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322155% ₹431 Cr 5,486,266 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS4% ₹379 Cr 999,826
↓ -75,000 Reliance Industries Limited
Equity, Since 30 Jun 21 | -4% ₹377 Cr 2,333,304
↑ 25,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN4% ₹348 Cr 8,158,799
↑ 975,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL3% ₹298 Cr 4,491,889
↓ -225,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC2% ₹234 Cr 836,263
↓ -65,000 JK Cement Ltd (Basic Materials)
Equity, Since 30 Jun 19 | JKCEMENT2% ₹216 Cr 659,543
↑ 18,652 7. Mirae Asset Hybrid Equity Fund
CAGR/Annualized return of 14.1% since its launch. Return for 2020 was 13.7% , 2019 was 11.9% and 2018 was 1.3% . Mirae Asset Hybrid Equity Fund
Growth Launch Date 29 Jul 15 NAV (14 Oct 21) ₹22.688 ↑ 0.16 (0.71 %) Net Assets (Cr) ₹5,949 on 31 Aug 21 Category Hybrid - Hybrid Equity AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderately High Expense Ratio 1.7 Sharpe Ratio 3.07 Information Ratio 0.16 Alpha Ratio 2.63 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹11,694 30 Sep 18 ₹12,377 30 Sep 19 ₹13,333 30 Sep 20 ₹13,773 30 Sep 21 ₹19,869 Returns for Mirae Asset Hybrid Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 3.2% 3 Month 10.1% 6 Month 22.2% 1 Year 43.5% 3 Year 19.1% 5 Year 15.1% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
Year Returns 2020 13.7% 2019 11.9% 2018 1.3% 2017 27.8% 2016 8.5% 2015 2014 2013 2012 2011 Fund Manager information for Mirae Asset Hybrid Equity Fund
Name Since Tenure Mahendra Jajoo 8 Sep 16 4.98 Yr. Vrijesh Kasera 1 Apr 20 1.42 Yr. Harshad Borawake 1 Apr 20 1.42 Yr. Data below for Mirae Asset Hybrid Equity Fund as on 31 Aug 21
Asset Allocation
Asset Class Value Cash 9.65% Equity 74.33% Debt 16.03% Equity Sector Allocation
Sector Value Financial Services 26.05% Technology 9.65% Basic Materials 9.17% Consumer Cyclical 7.39% Industrials 5.86% Health Care 5.68% Energy 2.86% Consumer Defensive 2.85% Communication Services 1.4% Utility 1.2% Debt Sector Allocation
Sector Value Government 11.69% Cash Equivalent 9.24% Corporate 4.75% Credit Quality
Rating Value AA 9.41% AAA 90.59% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK6% ₹346 Cr 2,190,078 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY5% ₹314 Cr 1,841,407
↓ -34,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK5% ₹313 Cr 4,346,452 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS4% ₹210 Cr 555,426
↓ -23,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 5322153% ₹204 Cr 2,591,358 5.63% Govt Stock 2026
Sovereign Bonds | -3% ₹177 Cr 17,750,000 6.18% Govt Stock 2024
Sovereign Bonds | -3% ₹151 Cr 14,500,000 State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN2% ₹136 Cr 3,184,945 Reliance Industries Limited
Equity, Since 30 Jun 21 | -2% ₹132 Cr 813,671
↑ 228,300 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL2% ₹127 Cr 874,559
↑ 20,000 8. Mirae Asset Dynamic Bond Fund
CAGR/Annualized return of 6.7% since its launch. Return for 2020 was 9.8% , 2019 was 11.1% and 2018 was 4.6% . Mirae Asset Dynamic Bond Fund
Growth Launch Date 24 Mar 17 NAV (14 Oct 21) ₹13.4232 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹139 on 31 Aug 21 Category Debt - Dynamic Bond AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderate Expense Ratio 0.94 Sharpe Ratio 0.38 Information Ratio -0.44 Alpha Ratio -0.24 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-182 Days (0.5%),182 Days and above(NIL) Yield to Maturity 4.63% Effective Maturity 3 Years 3 Months 11 Days Modified Duration 2 Years 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 17 ₹10,272 30 Sep 18 ₹10,345 30 Sep 19 ₹11,752 30 Sep 20 ₹12,915 30 Sep 21 ₹13,364 Returns for Mirae Asset Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month -0.1% 3 Month 0.8% 6 Month 1.8% 1 Year 2.7% 3 Year 8.7% 5 Year 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2020 9.8% 2019 11.1% 2018 4.6% 2017 2016 2015 2014 2013 2012 2011 Fund Manager information for Mirae Asset Dynamic Bond Fund
Name Since Tenure Mahendra Jajoo 24 Mar 17 4.44 Yr. Data below for Mirae Asset Dynamic Bond Fund as on 31 Aug 21
Asset Allocation
Asset Class Value Cash 7.62% Debt 92.38% Debt Sector Allocation
Sector Value Government 81.54% Corporate 10.84% Cash Equivalent 7.62% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.10% Govt Stock 2031
Sovereign Bonds | -24% ₹34 Cr 3,375,000
↑ 1,250,000 6.67% Govt Stock 2035
Sovereign Bonds | -18% ₹25 Cr 2,500,000
↑ 2,500,000 Export-Import Bank of India
Debentures | -8% ₹11 Cr 1,000,000 07.39% TN SDL 2026
Sovereign Bonds | -8% ₹11 Cr 1,000,000 National Bank For Agriculture and Rural Development
Debentures | -7% ₹10 Cr 1,000,000 Oil & Natural Gas Corporation Limited
Debentures | -7% ₹10 Cr 1,000,000 5.63% Govt Stock 2026
Sovereign Bonds | -5% ₹8 Cr 750,000 Indian Railway Finance Corporation Limited
Debentures | -4% ₹5 Cr 500,000 07.89 GJ SDL 2025
Sovereign Bonds | -4% ₹5 Cr 500,000 6.18% Govt Stock 2024
Sovereign Bonds | -4% ₹5 Cr 500,000
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