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Best Mirae Mutual Fund Schemes 2021

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Best Mirae Mutual Fund Schemes 2021

Updated on October 13, 2021 , 8498 views

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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Mirae

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

FundNAVNet Assets (Cr)Min InvestmentMin SIP Investment3 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 1528.754.521.717.613.7
Mirae Asset Great Consumer Fund Growth ₹57.144
↑ 0.42
₹1,488 5,000 1,000 14.628.66121.818.511.2
Mirae Asset Cash Management Fund Growth ₹2,181.62
↑ 0.17
₹4,373 5,000 1,000 0.81.63.355.74.2
Mirae Asset Savings Fund Growth ₹1,816.48
↑ 0.20
₹1,079 5,000 1,000 0.81.73.45.65.76.7
Mirae Asset Emerging Bluechip Fund Growth ₹102.739
↑ 0.96
₹20,615 5,000 0 14.832.57229.621.522.4
Mirae Asset Tax Saver Fund Growth ₹32.706
↑ 0.33
₹9,401 500 500 14.330.466.127.221.721.5
Mirae Asset Hybrid Equity Fund Growth ₹22.688
↑ 0.16
₹5,949 5,000 1,000 10.122.243.519.115.113.7
Mirae Asset Dynamic Bond Fund Growth ₹13.4232
↑ 0.00
₹139 5,000 1,000 0.81.82.78.7 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

1. Mirae Asset India Equity Fund 

(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 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% .

Below is the key information for Mirae Asset India Equity Fund 

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.

DateValue
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

Mirae Asset India Equity Fund  SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Mirae Asset India Equity Fund 

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21

DurationReturns
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
YearReturns
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 
NameSinceTenure
Harshad Borawake1 May 174.34 Yr.
Gaurav Misra31 Jan 192.59 Yr.

Data below for Mirae Asset India Equity Fund  as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services36.73%
Technology15.69%
Energy9.13%
Industrials8.15%
Consumer Cyclical6.63%
Consumer Defensive6.3%
Health Care6.27%
Basic Materials4.98%
Communication Services3.91%
Utility1.05%
Asset Allocation
Asset ClassValue
Cash1.15%
Equity98.84%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY
9%₹2,725 Cr15,969,087
↓ -473,933
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹2,612 Cr16,514,451
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹2,518 Cr35,018,199
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE
7%₹2,121 Cr9,392,068
↓ -325,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 532215
5%₹1,438 Cr18,277,484
State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN
4%₹1,225 Cr28,747,748
↑ 4,337,526
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS
4%₹1,162 Cr3,069,768
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL
3%₹979 Cr14,737,761
↓ -1,749,468
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 15 | 500696
2%₹735 Cr2,696,647
↓ -534,964
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
2%₹673 Cr4,025,716

2. Mirae Asset Great Consumer Fund

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 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% .

Below is the key information for Mirae Asset Great Consumer Fund

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.

DateValue
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

Mirae Asset Great Consumer Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for Mirae Asset Great Consumer Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21

DurationReturns
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
YearReturns
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
NameSinceTenure
Ankit Jain5 Oct 164.91 Yr.

Data below for Mirae Asset Great Consumer Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Consumer Defensive37.32%
Consumer Cyclical28.07%
Financial Services12.02%
Basic Materials8.02%
Communication Services6.79%
Industrials4.39%
Health Care2.51%
Asset Allocation
Asset ClassValue
Cash0.89%
Equity99.1%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
7%₹101 Cr1,520,000
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
7%₹97 Cr4,600,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 15 | 500696
5%₹82 Cr300,000
↓ -25,000
Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 19 | 500825
4%₹64 Cr160,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | MARUTI
4%₹60 Cr87,000
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 May 18 | 532343
4%₹56 Cr1,070,000
↑ 40,000
Marico Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | 531642
4%₹56 Cr1,030,000
↑ 130,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 19 | 532215
4%₹54 Cr690,000
↑ 20,000
United Spirits Ltd (Consumer Defensive)
Equity, Since 30 Nov 20 | 532432
3%₹45 Cr630,000
Voltas Ltd (Industrials)
Equity, Since 30 Sep 15 | VOLTAS
3%₹42 Cr420,000
↑ 129,118

3. Mirae Asset Cash Management Fund

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 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% .

Below is the key information for Mirae Asset Cash Management Fund

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.

DateValue
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

Mirae Asset Cash Management Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Mirae Asset Cash Management Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21

DurationReturns
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
YearReturns
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
NameSinceTenure
Mahendra Jajoo8 Sep 164.98 Yr.
Abhishek Iyer28 Dec 200.67 Yr.

Data below for Mirae Asset Cash Management Fund as on 31 Aug 21

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent86.61%
Corporate7.68%
Government5.71%
Credit Quality
RatingValue
AA1.48%
AAA98.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
91 DTB 02122021
Sovereign Bonds | -
5%₹248 Cr25,000,000
↑ 25,000,000
91 DTB 30092021
Sovereign Bonds | -
4%₹200 Cr20,000,000
182 DTB 12112021
Sovereign Bonds | -
3%₹124 Cr12,500,000
364 DTB 04112021
Sovereign Bonds | -
3%₹119 Cr12,000,000
↑ 12,000,000
364 DTB 16092021
Sovereign Bonds | -
2%₹100 Cr10,000,000
182 DTB 14102021
Sovereign Bonds | -
2%₹100 Cr10,000,000
91 DTB 14102021
Sovereign Bonds | -
2%₹100 Cr10,000,000
182 DTB 18112021
Sovereign Bonds | -
2%₹90 Cr9,000,000
8.79% Govt Stock 2021
Sovereign Bonds | -
1%₹50 Cr5,000,000
91 DTB 16092021
Sovereign Bonds | -
1%₹50 Cr5,000,000

4. Mirae Asset Savings Fund

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 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% .

Below is the key information for Mirae Asset Savings Fund

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.

DateValue
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

Mirae Asset Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Mirae Asset Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21

DurationReturns
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
YearReturns
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
NameSinceTenure
Mahendra Jajoo8 Sep 164.98 Yr.

Data below for Mirae Asset Savings Fund as on 31 Aug 21

Asset Allocation
Asset ClassValue
Cash48.2%
Debt51.8%
Debt Sector Allocation
SectorValue
Corporate36.01%
Cash Equivalent34.77%
Government29.22%
Credit Quality
RatingValue
AA8.25%
AAA91.75%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Manappuram Finance Limited
Debentures | -
5%₹56 Cr5,500,000
Hindustan Petroleum Corporation Limited
Debentures | -
4%₹41 Cr4,000,000
8.60% Tamil Nadu SDL 2023
Sovereign Bonds | -
2%₹27 Cr2,500,000
Power Finance Corporation Limited
Debentures | -
2%₹26 Cr2,500,000
↑ 2,500,000
NTPC Limited
Debentures | -
2%₹26 Cr2,500,000
National Highways Authority of India
Debentures | -
2%₹25 Cr2,500,000
Housing Development Finance Corporation Limited
Debentures | -
2%₹25 Cr2,500,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹25 Cr2,500,000
Housing Development Finance Corporation Limited
Debentures | -
2%₹25 Cr2,500,000
Power Grid Corporation of India Limited
Debentures | -
2%₹21 Cr2,000,000

5. Mirae Asset Emerging Bluechip Fund

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 CAGR/Annualized return of 23% since its launch.  Return for 2020 was 22.4% , 2019 was 14.7% and 2018 was -5.4% .

Below is the key information for Mirae Asset Emerging Bluechip Fund

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 Not Rated
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.

DateValue
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

Mirae Asset Emerging Bluechip Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033
Invest Now

Returns for Mirae Asset Emerging Bluechip Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21

DurationReturns
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
YearReturns
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
NameSinceTenure
Neelesh Surana9 Jul 1011.15 Yr.
Ankit Jain31 Jan 192.58 Yr.

Data below for Mirae Asset Emerging Bluechip Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services33.79%
Basic Materials12.19%
Health Care10.72%
Consumer Cyclical10.34%
Industrials10.25%
Technology9.65%
Communication Services3.69%
Utility2.86%
Consumer Defensive2.14%
Energy1.45%
Asset Allocation
Asset ClassValue
Cash0.72%
Equity99.28%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | ICICIBANK
6%₹1,285 Cr17,874,841
↓ -400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 17 | HDFCBANK
6%₹1,191 Cr7,534,044
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 532215
5%₹989 Cr12,570,088
Infosys Ltd (Technology)
Equity, Since 31 Jan 18 | INFY
4%₹927 Cr5,432,584
↓ -445,000
State Bank of India (Financial Services)
Equity, Since 30 Apr 18 | SBIN
3%₹689 Cr16,160,277
↑ 250,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹651 Cr9,810,111
↓ -725,000
JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 12 | JKCEMENT
3%₹565 Cr1,726,914
Mphasis Ltd (Technology)
Equity, Since 31 Jan 21 | 526299
3%₹556 Cr1,920,120
↓ -85,000
Voltas Ltd (Industrials)
Equity, Since 31 Dec 14 | VOLTAS
3%₹529 Cr5,312,957
↑ 795,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS
2%₹505 Cr1,335,005
↓ -160,000

6. Mirae Asset Tax Saver Fund

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 CAGR/Annualized return of 22.7% since its launch.  Return for 2020 was 21.5% , 2019 was 14.1% and 2018 was -2.3% .

Below is the key information for Mirae Asset Tax Saver Fund

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 Not Rated
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.

DateValue
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

Mirae Asset Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033
Invest Now

Returns for Mirae Asset Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21

DurationReturns
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
YearReturns
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
NameSinceTenure
Neelesh Surana28 Dec 155.68 Yr.

Data below for Mirae Asset Tax Saver Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services38.91%
Basic Materials12.22%
Technology12.08%
Consumer Cyclical7.81%
Industrials7.57%
Health Care6.91%
Consumer Defensive3.78%
Communication Services3.46%
Utility1.65%
Energy1.18%
Asset Allocation
Asset ClassValue
Cash0.41%
Equity99.59%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹787 Cr4,979,722
↑ 50,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹672 Cr9,338,912
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
6%₹599 Cr3,511,693
↓ -60,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
5%₹431 Cr5,486,266
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹379 Cr999,826
↓ -75,000
Reliance Industries Limited
Equity, Since 30 Jun 21 | -
4%₹377 Cr2,333,304
↑ 25,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
4%₹348 Cr8,158,799
↑ 975,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹298 Cr4,491,889
↓ -225,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC
2%₹234 Cr836,263
↓ -65,000
JK Cement Ltd (Basic Materials)
Equity, Since 30 Jun 19 | JKCEMENT
2%₹216 Cr659,543
↑ 18,652

7. Mirae Asset Hybrid Equity Fund

(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 CAGR/Annualized return of 14.1% since its launch.  Return for 2020 was 13.7% , 2019 was 11.9% and 2018 was 1.3% .

Below is the key information for Mirae Asset Hybrid Equity Fund

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 Not Rated
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.

DateValue
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

Mirae Asset Hybrid Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Mirae Asset Hybrid Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21

DurationReturns
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
YearReturns
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
NameSinceTenure
Mahendra Jajoo8 Sep 164.98 Yr.
Vrijesh Kasera1 Apr 201.42 Yr.
Harshad Borawake1 Apr 201.42 Yr.

Data below for Mirae Asset Hybrid Equity Fund as on 31 Aug 21

Asset Allocation
Asset ClassValue
Cash9.65%
Equity74.33%
Debt16.03%
Equity Sector Allocation
SectorValue
Financial Services26.05%
Technology9.65%
Basic Materials9.17%
Consumer Cyclical7.39%
Industrials5.86%
Health Care5.68%
Energy2.86%
Consumer Defensive2.85%
Communication Services1.4%
Utility1.2%
Debt Sector Allocation
SectorValue
Government11.69%
Cash Equivalent9.24%
Corporate4.75%
Credit Quality
RatingValue
AA9.41%
AAA90.59%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
6%₹346 Cr2,190,078
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
5%₹314 Cr1,841,407
↓ -34,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
5%₹313 Cr4,346,452
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
4%₹210 Cr555,426
↓ -23,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
3%₹204 Cr2,591,358
5.63% Govt Stock 2026
Sovereign Bonds | -
3%₹177 Cr17,750,000
6.18% Govt Stock 2024
Sovereign Bonds | -
3%₹151 Cr14,500,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
2%₹136 Cr3,184,945
Reliance Industries Limited
Equity, Since 30 Jun 21 | -
2%₹132 Cr813,671
↑ 228,300
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL
2%₹127 Cr874,559
↑ 20,000

8. Mirae Asset Dynamic Bond Fund

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 CAGR/Annualized return of 6.7% since its launch.  Return for 2020 was 9.8% , 2019 was 11.1% and 2018 was 4.6% .

Below is the key information for Mirae Asset Dynamic Bond Fund

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 Not Rated
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.

DateValue
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

Mirae Asset Dynamic Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for Mirae Asset Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21

DurationReturns
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
YearReturns
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
NameSinceTenure
Mahendra Jajoo24 Mar 174.44 Yr.

Data below for Mirae Asset Dynamic Bond Fund as on 31 Aug 21

Asset Allocation
Asset ClassValue
Cash7.62%
Debt92.38%
Debt Sector Allocation
SectorValue
Government81.54%
Corporate10.84%
Cash Equivalent7.62%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.10% Govt Stock 2031
Sovereign Bonds | -
24%₹34 Cr3,375,000
↑ 1,250,000
6.67% Govt Stock 2035
Sovereign Bonds | -
18%₹25 Cr2,500,000
↑ 2,500,000
Export-Import Bank of India
Debentures | -
8%₹11 Cr1,000,000
07.39% TN SDL 2026
Sovereign Bonds | -
8%₹11 Cr1,000,000
National Bank For Agriculture and Rural Development
Debentures | -
7%₹10 Cr1,000,000
Oil & Natural Gas Corporation Limited
Debentures | -
7%₹10 Cr1,000,000
5.63% Govt Stock 2026
Sovereign Bonds | -
5%₹8 Cr750,000
Indian Railway Finance Corporation Limited
Debentures | -
4%₹5 Cr500,000
07.89 GJ SDL 2025
Sovereign Bonds | -
4%₹5 Cr500,000
6.18% Govt Stock 2024
Sovereign Bonds | -
4%₹5 Cr500,000

How to Invest in Mirae Mutual Fund Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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