Mirae Asset Equity Savings Fund Regular IDCW

Mirae Asset Equity Savings Fund Regular IDCW is a scheme launched by Mirae Asset Mutual Fund on December 17, 2018, and falls under the Equity Savings fund category. It currently manages an AUM of Rs 1,574.27 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.32% for managing the portfolio.

• Investing Strategy:

  to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments.

• Performance:

  Mirae Asset Equity Savings Fund Regular IDCW trailing returns over different times are -3.15% (1 year), 1.46% (3 year) and 2.54% (5 year). The average annual return of this fund stands at -2.47%.