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Fincash » Mutual Funds » Mirae Asset India Equity Fund

Mirae Asset India Equity Fund  - G

NAV  ₹112.816 ↓ -0.66  (-0.58 %) as on 18 Jul 25

(Erstwhile Mirae Asset India Opportunities Fund)

Scheme Objective

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 launched on 4 Apr 08. It is a fund with Moderately High risk and has given a CAGR return of 15% since its launch.  Ranked 19 in Multi Cap category.  Return for 2024 was 12.7% , 2023 was 18.4% and 2022 was 1.6% .

Below is the key information for Mirae Asset India Equity Fund 

NAV as on 18 Jul 25₹112.816 ↓ -0.66  (-0.58 %)
Net Assets (AUM) as on 31 May 2025 ₹39,530 Cr.
Launch Date4 Apr 2008
CategoryEquity - Multi Cap
Rating
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio2.82
Expense Ratio1.19 %
Sharpe Ratio0.379
Information Ratio-0.56
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 25

DurationReturns
1 Month 1.6%
3 Month 6.1%
6 Month 8.1%
1 Year 2.4%
3 Year 15.3%
5 Year 18.1%
10 Year
15 Year
Since launch 15%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2024 12.7%
2023 18.4%
2022 1.6%
2021 27.7%
2020 13.7%
2019 12.7%
2018 -0.6%
2017 38.6%
2016 8.1%

Growth of 10k Over Years

DateValue
30 Jun 20₹10,000
30 Jun 21₹15,400
30 Jun 22₹15,342
30 Jun 23₹18,342
30 Jun 24₹22,936
30 Jun 25₹24,648

Asset Allocation

Asset ClassValue
Cash0.68%
Equity99.32%
Other0%

Sector Allocation

SectorValue
Financial Services32.2%
Technology11.94%
Consumer Cyclical10.59%
Basic Materials8.86%
Consumer Defensive8.73%
Industrials8.69%
Energy5.76%
Health Care4.7%
Communication Services3.94%
Utility2.79%
Real Estate0.84%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
Banks - Regional10%₹3,866 Cr19,876,007
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional8%₹3,064 Cr21,195,521
↓ -421,093
Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY
Information Technology Services6%₹2,242 Cr14,347,741
↑ 764,962
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE
Oil & Gas Refining & Marketing5%₹2,024 Cr14,242,518
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | AXISBANK
Banks - Regional4%₹1,621 Cr13,598,134
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS
Information Technology Services4%₹1,574 Cr4,545,682
↓ -23,488
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL
Telecom Services4%₹1,558 Cr8,391,919
↓ -214,254
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
Engineering & Construction4%₹1,417 Cr3,856,728
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
Tobacco3%₹1,348 Cr32,256,803
↑ 6,199,014
State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN
Banks - Regional2%₹959 Cr11,808,059
↓ -180,982
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Fund Managers

NameSinceTenure
Gaurav Misra31 Jan 196.34 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

Administrator Companies

CompanyAddress
Mirae Asset Investment Managers (India) Private LimitedMirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset India Equity Fund 
Growth
₹112.816
↓ -0.66
8.08 %2.41 %15.26 %18.14 %
Mirae Asset India Equity Fund 
Normal Dividend, Reinvestment
₹31.34
↓ -0.18
8.08 %2.41 %15.02 %17.82 %
Mirae Asset India Equity Fund 
Normal Dividend, Payout
₹31.34
↓ -0.18
8.08 %2.41 %15.02 %17.82 %
Data as on 18 Jul 25

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.