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Mirae Asset India Equity Fund  - G

NAV  ₹110.982 ↓ -0.40  (-0.36 %) as on 29 Aug 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 14.8% 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 29 Aug 25₹110.982 ↓ -0.40  (-0.36 %)
Net Assets (AUM) as on 31 Jul 2025 ₹39,975 Cr.
Launch Date4 Apr 2008
CategoryEquity - Multi Cap
Rating
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio1.71
Expense Ratio1.16 %
Sharpe Ratio-0.347
Information Ratio-0.36
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 29 Aug 25

DurationReturns
1 Month -1.2%
3 Month -0.1%
6 Month 13.1%
1 Year -1%
3 Year 12.9%
5 Year 15.9%
10 Year
15 Year
Since launch 14.8%

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
31 Jul 20₹10,000
31 Jul 21₹14,536
31 Jul 22₹15,414
31 Jul 23₹17,535
31 Jul 24₹22,346
31 Jul 25₹22,554
Mirae Asset India Equity Fund  Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.96%
Equity99.03%
Other0%
Mirae Asset India Equity Fund  Asset Allocation

Sector Allocation

SectorValue
Financial Services31.51%
Technology11.84%
Consumer Cyclical10.51%
Consumer Defensive9.62%
Basic Materials8.51%
Industrials8.02%
Energy5.89%
Health Care4.95%
Communication Services4.12%
Utility3.43%
Real Estate0.65%
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 - Regional10%₹3,978 Cr19,876,007
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | 532174
Banks - Regional7%₹2,980 Cr20,608,158
↓ -587,363
Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY
Information Technology Services6%₹2,341 Cr14,612,678
↑ 264,937
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE
Oil & Gas Refining & Marketing5%₹2,031 Cr13,533,143
↓ -709,375
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL
Telecom Services4%₹1,678 Cr8,349,033
↓ -42,886
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 532215
Banks - Regional4%₹1,631 Cr13,598,134
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS
Information Technology Services4%₹1,574 Cr4,545,682
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
Tobacco4%₹1,444 Cr34,667,236
↑ 2,410,433
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
Engineering & Construction3%₹1,403 Cr3,822,728
↓ -34,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN
Banks - Regional2%₹969 Cr11,808,059
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Fund Managers

NameSinceTenure
Gaurav Misra31 Jan 196.5 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
₹110.982
↓ -0.40
13.08 %-0.97 %12.88 %15.9 %
Mirae Asset India Equity Fund 
Normal Dividend, Reinvestment
₹30.831
↓ -0.11
13.08 %-0.97 %12.64 %15.59 %
Mirae Asset India Equity Fund 
Normal Dividend, Payout
₹30.831
↓ -0.11
13.08 %-0.97 %12.64 %15.59 %
Data as on 29 Aug 25

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