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Fincash » Mutual Funds » Mirae Asset India Equity Fund

Mirae Asset India Equity Fund  - G

NAV  ₹50.019 ↓ -0.45   (-0.88 %) as on 25 Mar 19

(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 15.8% 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 

NAV as on 25 Mar 19₹50.019 ↓ -0.45   (-0.88 %)
Net Assets (AUM) as on 28 Feb 2019 ₹10,560 Cr.
Launch Date4 Apr 2008
CategoryEquity - Multi Cap
Rating
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio0.36
Expense Ratio2.17 %
Sharpe Ratio-0.079
Information Ratio1.02
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 25 Mar 19

DurationReturns
1 Month 5%
3 Month 5.4%
6 Month 3.5%
1 Year 12.7%
3 Year 17.5%
5 Year 18.3%
10 Year
15 Year
Since launch 15.8%

Historical Annual Returns

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%

Growth of 10k Over Years

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,884
29 Feb 16₹13,487
28 Feb 17₹18,562
28 Feb 18₹22,669
28 Feb 19₹22,978
Mirae Asset India Equity Fund  Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.16%
Equity95.84%
Mirae Asset India Equity Fund  Asset Allocation

Sector Allocation

SectorValue
Financial Services32.37%
Consumer Cyclical10.91%
Technology10.39%
Energy9.25%
Basic Materials8.35%
Health Care7.38%
Consumer Defensive7.36%
Industrials6.7%
Utility2.6%
Communication Services0.51%
Mirae Asset India Equity Fund  Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
Banks - Regional - Asia9%₹899 Cr4,327,626
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE
Oil & Gas Refining & Marketing6%₹631 Cr5,122,882
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 532215
Banks - Regional - Asia5%₹545 Cr7,674,614
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional - Asia5%₹522 Cr14,899,931
↑ 400,582
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS
Information Technology Services4%₹409 Cr2,063,792
Cblo
CBLO | -
4%₹398 Cr
State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN
Banks - Regional - Asia3%₹350 Cr13,017,764
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
Tobacco3%₹339 Cr12,269,315
↑ 386,441
Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY
Information Technology Services3%₹332 Cr4,515,015
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
Engineering & Construction3%₹331 Cr2,561,756
1 - 10 of 65
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Fund Managers

NameSinceTenure
Neelesh Surana10 Mar 0810.9 Yr.
Harshad Borawake1 May 171.75 Yr.
Gaurav Misra31 Jan 190 Yr.

Custodians

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

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Mutual FundUnit No.606, Windsor Building Off.,C.S.T Road, Kalina Santacruz E

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
₹50.019
↓ -0.45
3.5 %12.69 %17.45 %18.29 %
Mirae Asset India Equity Fund 
Normal Dividend, Reinvestment
₹17.755
↓ -0.16
1.82 %10.85 %16.87 %17.94 %
Mirae Asset India Equity Fund 
Normal Dividend, Payout
₹17.755
↓ -0.16
1.82 %10.85 %16.87 %17.94 %
Data as on 25 Mar 19

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