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Best Mirae Mutual Fund Schemes 2019

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Best Mirae Mutual Fund Schemes 2019

Updated on April 15, 2019 , 65 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 2019. 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 (%)2018 (%)
Mirae Asset India Equity Fund  Growth ₹51.52
↑ 0.38
₹10,560 5,000 1,000 7.412.310.717.318.2-0.6
Mirae Asset Great Consumer Fund Growth ₹34.983
↑ 0.26
₹646 5,000 1,000 3.111.35.918.517.51.9
Mirae Asset Cash Management Fund Growth ₹1,957.16
↑ 0.38
₹2,528 5,000 1,000 1.83.77.577.47.3
Mirae Asset Savings Fund Growth ₹1,608.53
↑ 0.17
₹460 5,000 1,000 1.94.27.16.56.86.6
Mirae Asset Hybrid Equity Fund Growth ₹14.877
↑ 0.07
₹1,495 5,000 1,000 6.611.210.414.2 1.3
Mirae Asset Tax Saver Fund Growth ₹17.763
↑ 0.12
₹1,381 500 500 7.212.49.121.1 -2.3
Mirae Asset Emerging Bluechip Fund Growth ₹53.619
↑ 0.35
₹6,444 5,000 1,000 7.613.87.720.125.2-5.4
Mirae Asset Dynamic Bond Fund Growth ₹11.0141
↑ 0.00
₹35 5,000 2.15.16.2 4.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Apr 19

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% since its launch.  Ranked 19 in Multi Cap category.  Return for 2018 was -0.6% , 2017 was 38.6% and 2016 was 8.1% .

Below is the key information for Mirae Asset India Equity Fund 

Mirae Asset India Equity Fund 
Growth
Launch Date 4 Apr 08
NAV (18 Apr 19) ₹51.52 ↑ 0.38   (0.75 %)
Net Assets (Cr) ₹10,560 on 28 Feb 19
Category Equity - Multi Cap
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio -0.08
Information Ratio 1.02
Alpha Ratio 0.36
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
31 Mar 14₹10,000
31 Mar 15₹14,699
31 Mar 16₹14,092
31 Mar 17₹18,083
31 Mar 18₹20,315
31 Mar 19₹23,196

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 ₹481,656.
Net Profit of ₹181,656
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 18 Apr 19

DurationReturns
1 Month 1.8%
3 Month 7.4%
6 Month 12.3%
1 Year 10.7%
3 Year 17.3%
5 Year 18.2%
10 Year
15 Year
Since launch 16%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -0.6%
2017 38.6%
2016 8.1%
2015 4.3%
2014 52.9%
2013 8.9%
2012 33.3%
2011 -19.6%
2010 23.1%
2009 109.3%
Fund Manager information for Mirae Asset India Equity Fund 
NameSinceTenure
Neelesh Surana10 Mar 0810.9 Yr.
Harshad Borawake1 May 171.75 Yr.
Gaurav Misra31 Jan 190 Yr.

Data below for Mirae Asset India Equity Fund  as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services34.59%
Consumer Cyclical10.4%
Technology9.72%
Energy9.25%
Basic Materials7.45%
Consumer Defensive7.21%
Industrials7.09%
Health Care6.61%
Utility2.61%
Communication Services0.48%
Asset Allocation
Asset ClassValue
Cash4.6%
Equity95.4%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹1,045 Cr4,504,480
↑ 176,854
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE
6%₹698 Cr5,122,882
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹645 Cr16,105,239
↑ 1,205,308
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 532215
5%₹597 Cr7,674,614
State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN
4%₹471 Cr14,687,389
↑ 1,669,625
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
4%₹449 Cr3,238,809
↑ 677,053
Tri Party Repo
CBLO/Reverse Repo | -
4%₹422 Cr
Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY
3%₹415 Cr5,585,051
↑ 1,070,036
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS
3%₹413 Cr2,063,792
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹365 Cr12,269,315

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 16.8% since its launch.  Ranked 7 in Sectoral category.  Return for 2018 was 1.9% , 2017 was 51% and 2016 was 2% .

Below is the key information for Mirae Asset Great Consumer Fund

Mirae Asset Great Consumer Fund
Growth
Launch Date 29 Mar 11
NAV (18 Apr 19) ₹34.983 ↑ 0.26   (0.75 %)
Net Assets (Cr) ₹646 on 28 Feb 19
Category Equity - Sectoral
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating
Risk High
Expense Ratio 2.78
Sharpe Ratio -0.07
Information Ratio 0.65
Alpha Ratio 0.46
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
31 Mar 14₹10,000
31 Mar 15₹14,522
31 Mar 16₹13,283
31 Mar 17₹16,637
31 Mar 18₹20,591
31 Mar 19₹22,618

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 ₹470,047.
Net Profit of ₹170,047
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 18 Apr 19

DurationReturns
1 Month 1.1%
3 Month 3.1%
6 Month 11.3%
1 Year 5.9%
3 Year 18.5%
5 Year 17.5%
10 Year
15 Year
Since launch 16.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 1.9%
2017 51%
2016 2%
2015 3.8%
2014 42.7%
2013 9.9%
2012 35.6%
2011
2010
2009
Fund Manager information for Mirae Asset Great Consumer Fund
NameSinceTenure
Ankit Jain5 Oct 162.32 Yr.

Data below for Mirae Asset Great Consumer Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Consumer Defensive31.13%
Consumer Cyclical27.7%
Financial Services19.24%
Basic Materials7.25%
Industrials5.92%
Technology3.76%
Health Care1.37%
Asset Allocation
Asset ClassValue
Cash3.64%
Equity96.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 14 | HDFCBANK
7%₹50 Cr215,000
↑ 15,000
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
6%₹45 Cr1,500,000
Dabur India Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | 500096
4%₹31 Cr770,000
↑ 110,000
Nestle India Ltd (Consumer Defensive)
Equity, Since 31 Mar 18 | NESTLEIND
4%₹31 Cr28,000
↑ 5,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | MARUTI
3%₹25 Cr38,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 11 | ICICIBANK
3%₹25 Cr630,000
Page Industries Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | 532827
3%₹25 Cr10,000
↑ 1,000
United Breweries Ltd (Consumer Defensive)
Equity, Since 31 Aug 18 | 532478
3%₹24 Cr170,000
↑ 10,000
Aditya Birla Fashion and Retail Ltd (Consumer Cyclical)
Equity, Since 30 Nov 17 | ABFRL
3%₹23 Cr1,050,000
Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | TITAN
3%₹23 Cr200,000

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 6.8% since its launch.  Ranked 48 in Liquid Fund category.  Return for 2018 was 7.3% , 2017 was 6.6% and 2016 was 7.2% .

Below is the key information for Mirae Asset Cash Management Fund

Mirae Asset Cash Management Fund
Growth
Launch Date 12 Jan 09
NAV (18 Apr 19) ₹1,957.16 ↑ 0.38   (0.02 %)
Net Assets (Cr) ₹2,528 on 28 Feb 19
Category Debt - Liquid Fund
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating
Risk Low
Expense Ratio 0.08
Sharpe Ratio 23.76
Information Ratio -1.25
Alpha Ratio 2.1
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.32%
Effective Maturity 29 Days
Modified Duration 29 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 14₹10,000
31 Mar 15₹10,867
31 Mar 16₹11,694
31 Mar 17₹12,504
31 Mar 18₹13,339
31 Mar 19₹14,343

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 ₹203,125.
Net Profit of ₹23,125
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 18 Apr 19

DurationReturns
1 Month 0.7%
3 Month 1.8%
6 Month 3.7%
1 Year 7.5%
3 Year 7%
5 Year 7.4%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.3%
2017 6.6%
2016 7.2%
2015 7.8%
2014 8.7%
2013 8.2%
2012 8%
2011 6.9%
2010 4.3%
2009
Fund Manager information for Mirae Asset Cash Management Fund
NameSinceTenure
Mahendra Jajoo8 Sep 162.4 Yr.

Data below for Mirae Asset Cash Management Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent92.15%
Corporate7.85%
Credit Quality
RatingValue
AA1.83%
AAA98.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ADITYA BIRLA FINANCE LIMITED
Commercial Paper | -
6%₹173 Cr17,500,000
↑ 17,500,000
GIC HOUSING FINANCE LIMITED
Commercial Paper | -
5%₹145 Cr14,500,000
↓ -5,000,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
5%₹123 Cr12,500,000
↑ 12,500,000
HINDUSTAN PETROLEUM CORPORATION LIMITED
Commercial Paper | -
4%₹100 Cr10,000,000
↑ 10,000,000
NTPC LIMITED
Commercial Paper | -
4%₹99 Cr10,000,000
↑ 10,000,000
TATA CAPITAL LIMITED
Commercial Paper | -
4%₹99 Cr10,000,000
↑ 10,000,000
JM FINANCIAL ASSET RECONSTRUCTION COMPANY LIMITED
Commercial Paper | -
4%₹99 Cr10,000,000
Punjab National Bank
Certificate of Deposit | -
4%₹99 Cr10,000,000
↑ 10,000,000
RELIANCE RETAIL LIMITED
Commercial Paper | -
4%₹99 Cr10,000,000
↑ 10,000,000
Axis Bank Limited
Certificate of Deposit | -
3%₹89 Cr9,000,000
↑ 9,000,000

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 4.4% since its launch.  Ranked 84 in Low Duration category.  Return for 2018 was 6.6% , 2017 was 5.8% and 2016 was 6.9% .

Below is the key information for Mirae Asset Savings Fund

Mirae Asset Savings Fund
Growth
Launch Date 5 Mar 08
NAV (18 Apr 19) ₹1,608.53 ↑ 0.17   (0.01 %)
Net Assets (Cr) ₹460 on 28 Feb 19
Category Debt - Low Duration
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating
Risk Moderately Low
Expense Ratio 0.79
Sharpe Ratio 4.94
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 8.33%
Effective Maturity 9 Months 4 Days
Modified Duration 7 Months 6 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 14₹10,000
31 Mar 15₹10,784
31 Mar 16₹11,524
31 Mar 17₹12,303
31 Mar 18₹13,018
31 Mar 19₹13,951

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 ₹200,132.
Net Profit of ₹20,132
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 18 Apr 19

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 4.2%
1 Year 7.1%
3 Year 6.5%
5 Year 6.8%
10 Year
15 Year
Since launch 4.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 6.6%
2017 5.8%
2016 6.9%
2015 7%
2014 8%
2013 8%
2012
2011
2010
2009
Fund Manager information for Mirae Asset Savings Fund
NameSinceTenure
Mahendra Jajoo8 Sep 162.4 Yr.

Data below for Mirae Asset Savings Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash61.7%
Debt38.3%
Debt Sector Allocation
SectorValue
Cash Equivalent61.7%
Corporate25.02%
Government13.28%
Credit Quality
RatingValue
AA6.73%
AAA93.27%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC CREDILA FINANCIAL SERVICES PRIVATE LIMITED
Commercial Paper | -
5%₹26 Cr2,750,000
National Bank For Agriculture And Rural Development
Debentures | -
5%₹25 Cr2,500,000
Rural Electrification Corporation Limited
Debentures | -
5%₹25 Cr2,500,000
Indian Railway Finance Corporation Limited
Debentures | -
5%₹25 Cr2,500,000
Reliance Jio Infocomm Limited
Debentures | -
5%₹25 Cr2,500,000
INDIABULLS HOUSING FINANCE LIMITED
Commercial Paper | -
5%₹25 Cr2,500,000
JSW STEEL LIMITED
Commercial Paper | -
5%₹25 Cr2,500,000
AXIS BANK LIMITED
Certificate of Deposit | -
5%₹24 Cr2,500,000
↑ 2,500,000
AU SMALL FINANCE BANK LIMITED
Certificate of Deposit | -
5%₹24 Cr2,500,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
5%₹24 Cr2,500,000

5. 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 11.3% since its launch.  Return for 2018 was 1.3% , 2017 was 27.8% and 2016 was 8.5% .

Below is the key information for Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund
Growth
Launch Date 29 Jul 15
NAV (18 Apr 19) ₹14.877 ↑ 0.07   (0.49 %)
Net Assets (Cr) ₹1,495 on 28 Feb 19
Category Hybrid - Hybrid Equity
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.48
Sharpe Ratio -0.02
Information Ratio 0.82
Alpha Ratio -0.42
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
31 Mar 16₹9,719
31 Mar 17₹11,953
31 Mar 18₹13,047
31 Mar 19₹14,680

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 ₹436,710.
Net Profit of ₹136,710
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 18 Apr 19

DurationReturns
1 Month 1.7%
3 Month 6.6%
6 Month 11.2%
1 Year 10.4%
3 Year 14.2%
5 Year
10 Year
15 Year
Since launch 11.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 1.3%
2017 27.8%
2016 8.5%
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for Mirae Asset Hybrid Equity Fund
NameSinceTenure
Mahendra Jajoo8 Sep 162.4 Yr.
Neelesh Surana29 Jul 153.51 Yr.
Sudhir Kedia1 Apr 171.84 Yr.

Data below for Mirae Asset Hybrid Equity Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash15.43%
Equity73.95%
Debt10.62%
Equity Sector Allocation
SectorValue
Financial Services27.2%
Consumer Cyclical8.16%
Technology7.49%
Basic Materials6.58%
Energy6.43%
Consumer Defensive5.42%
Industrials5.36%
Health Care5.14%
Utility1.59%
Communication Services0.59%
Debt Sector Allocation
SectorValue
Cash Equivalent15.38%
Government6.52%
Corporate4.15%
Credit Quality
RatingValue
AA11.88%
AAA88.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
7%₹114 Cr490,794
↑ 12,000
BANK OF BARODA
Certificate of Deposit | -
4%₹74 Cr7,500,000
↑ 7,500,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
4%₹71 Cr1,777,359
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 15 | RELIANCE
4%₹69 Cr505,445
↓ -33,269
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
4%₹68 Cr875,749
GIC HOUSING FINANCE LIMITED
Commercial Paper | -
3%₹50 Cr5,000,000
↑ 5,000,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
3%₹48 Cr238,585
7.17% Govt Stock 2028
Sovereign Bonds | -
3%₹45 Cr4,600,000
↓ -6,650,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 15 | LT
3%₹45 Cr325,032
↑ 8,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
3%₹45 Cr1,402,580

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 19% since its launch.  Return for 2018 was -2.3% , 2017 was 47.9% and 2016 was 14.8% .

Below is the key information for Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund
Growth
Launch Date 28 Dec 15
NAV (18 Apr 19) ₹17.763 ↑ 0.12   (0.70 %)
Net Assets (Cr) ₹1,381 on 28 Feb 19
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.45
Sharpe Ratio -0.16
Information Ratio 1.59
Alpha Ratio -0.8
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹9,670
31 Mar 17₹13,372
31 Mar 18₹15,531
31 Mar 19₹17,502

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 18 Apr 19

DurationReturns
1 Month 2%
3 Month 7.2%
6 Month 12.4%
1 Year 9.1%
3 Year 21.1%
5 Year
10 Year
15 Year
Since launch 19%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -2.3%
2017 47.9%
2016 14.8%
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for Mirae Asset Tax Saver Fund
NameSinceTenure
Neelesh Surana28 Dec 153.1 Yr.

Data below for Mirae Asset Tax Saver Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services30.9%
Consumer Cyclical12.92%
Technology9.65%
Industrials8.69%
Consumer Defensive7.52%
Basic Materials7.14%
Health Care6.23%
Energy5.96%
Utility2.52%
Asset Allocation
Asset ClassValue
Cash8.47%
Equity91.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹143 Cr615,318
↑ 32,413
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
5%₹97 Cr2,423,566
↑ 354,398
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
5%₹88 Cr647,376
Net Receivables / (Payables)
Net Current Assets | -
4%₹78 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
4%₹78 Cr1,001,193
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
4%₹68 Cr489,055
↑ 223,514
Tri Party Repo
CBLO/Reverse Repo | -
4%₹67 Cr
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
3%₹59 Cr799,780
↑ 226,091
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
3%₹57 Cr286,820
↑ 20,035
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
3%₹57 Cr1,776,357
↑ 100,000

7. 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 21.1% since its launch.  Return for 2018 was -5.4% , 2017 was 49% and 2016 was 12.2% .

Below is the key information for Mirae Asset Emerging Bluechip Fund

Mirae Asset Emerging Bluechip Fund
Growth
Launch Date 9 Jul 10
NAV (18 Apr 19) ₹53.619 ↑ 0.35   (0.66 %)
Net Assets (Cr) ₹6,444 on 28 Feb 19
Category Equity - Large & Mid Cap
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.26
Sharpe Ratio -0.23
Information Ratio 1.03
Alpha Ratio 2.75
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
31 Mar 14₹10,000
31 Mar 15₹17,038
31 Mar 16₹17,344
31 Mar 17₹24,790
31 Mar 18₹27,686
31 Mar 19₹31,085

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 ₹570,326.
Net Profit of ₹270,326
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 18 Apr 19

DurationReturns
1 Month 2%
3 Month 7.6%
6 Month 13.8%
1 Year 7.7%
3 Year 20.1%
5 Year 25.2%
10 Year
15 Year
Since launch 21.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -5.4%
2017 49%
2016 12.2%
2015 14.1%
2014 84.6%
2013 8.6%
2012 45.6%
2011 -15.2%
2010
2009
Fund Manager information for Mirae Asset Emerging Bluechip Fund
NameSinceTenure
Neelesh Surana9 Jul 108.57 Yr.
Ankit Jain31 Jan 190 Yr.

Data below for Mirae Asset Emerging Bluechip Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services32.92%
Consumer Cyclical14.18%
Health Care10.57%
Basic Materials9.63%
Technology8.49%
Industrials8.33%
Energy6.62%
Consumer Defensive5.56%
Utility2.82%
Asset Allocation
Asset ClassValue
Cash0.88%
Equity99.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 17 | HDFCBANK
6%₹434 Cr1,872,370
↑ 40,000
ICICI Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | ICICIBANK
5%₹376 Cr9,397,183
↑ 314,993
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 532215
4%₹310 Cr3,985,692
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE
4%₹277 Cr2,032,436
↓ -83,285
Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 30 Sep 16 | BHARATFIN
3%₹226 Cr1,997,896
Voltas Ltd (Industrials)
Equity, Since 31 Dec 14 | VOLTAS
3%₹201 Cr3,191,873
State Bank of India (Financial Services)
Equity, Since 30 Apr 18 | SBIN
3%₹200 Cr6,222,648
↓ -70,000
Infosys Ltd (Technology)
Equity, Since 31 Jan 18 | INFY
3%₹194 Cr2,611,755
↑ 278,674
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
3%₹194 Cr1,453,243
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL
3%₹185 Cr3,551,529
↓ -166,433

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 4.8% since its launch.  Return for 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 (18 Apr 19) ₹11.0141 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹35 on 28 Feb 19
Category Debt - Dynamic Bond
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderate
Expense Ratio 1.89
Sharpe Ratio 1.25
Information Ratio 0
Alpha Ratio 0.72
Min Investment 5,000
Min SIP Investment
Exit Load 0-182 Days (0.5%),182 Days and above(NIL)
Yield to Maturity 8.54%
Effective Maturity 5 Years 1 Month 10 Days
Modified Duration 3 Years 9 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 Mar 17₹10,000
31 Mar 18₹10,285
31 Mar 19₹10,926

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 ₹200,132.
Net Profit of ₹20,132
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 18 Apr 19

DurationReturns
1 Month 0.4%
3 Month 2.1%
6 Month 5.1%
1 Year 6.2%
3 Year
5 Year
10 Year
15 Year
Since launch 4.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 4.6%
2017
2016
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for Mirae Asset Dynamic Bond Fund
NameSinceTenure
Mahendra Jajoo24 Mar 172.02 Yr.

Data below for Mirae Asset Dynamic Bond Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash36.15%
Debt63.85%
Debt Sector Allocation
SectorValue
Government53.25%
Cash Equivalent36.15%
Corporate10.6%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2029
Sovereign Bonds | -
30%₹10 Cr1,000,000
↑ 1,000,000
Tri Party Repo
CBLO/Reverse Repo | -
28%₹9 Cr
Indian Railway Finance Corporation Limited
Debentures | -
12%₹4 Cr400,000
7.17% Govt Stock 2028
Sovereign Bonds | -
12%₹4 Cr400,000
↓ -1,350,000
NTPC Limited
Debentures | -
11%₹4 Cr350,000
BANK OF BARODA
Certificate of Deposit | -
9%₹3 Cr300,000
↑ 300,000
Net Receivables / (Payables)
Net Current Assets | -
4%-₹1 Cr
GIC HOUSING FINANCE LIMITED
Commercial Paper | -
3%₹1 Cr100,000
↑ 100,000

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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