Mirae Asset Savings Fund Regular Savings Plan Growth | Pros & Cons NAV(1839.8)

Mirae Asset Savings Fund Regular Savings Plan Growth

Debt: Low Duration

Fund Information

Objective

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.

Low to Moderate Risk

10 Year Gsec

Benchmark

2008-03-05

Launched On

Open Ended

Type

Min SIP

5000

Min Investment

1047

AUM in Crores

0.93

Expense Ratio

--

Exit Load

Mirae Asset Investment Managers (India) Pvt. Ltd.

Fund House

Mahendra Kumar Jajoo

Fund Managers

Mirae Asset Savings Fund Regular Savings Plan Pros & Cons

Pros

  • Mirae Asset Savings Fund Regular Savings Plan Growth has over performed index in 2014-2017, 2015-2018, 2016-2019, 2017-2020 years
  • Lower Expense Ratio
  • 3 years avg returns are higher than benchmark

Cons

  • Mirae Asset Savings Fund Regular Savings Plan Growth is ranking 41st in last 5 years

Average Returns

Fund Name1Y (%)3Y (%)5Y (%)7Y (%)10Y (%)15Y (%)
Mirae Asset Savings Fund Regular Savings Plan Growth 
3.384.945.475.89
10 Year Gsec
8.66-4.21-0.7-2.06-2.04-1.22

Mirae Asset Savings Fund Regular Savings Plan Rolling Returns

Fund Name3 Year (%)5 Year (%)
AverageMaxMinAverageMaxMin
Mirae Asset Savings Fund Regular Savings Plan Growth 
6.68.0306.557.490
10 Year Gsec
-2.3517.21-24.83-1.7411.17-16.61

Risk Parameters

Fund NameMeanStdSharpeBetaAlpha
Mirae Asset Savings Fund Regular Savings Plan Growth 
5.311.240.468-0.050.12
10 Year Gsec
-4.458.83-1.04--
Risk Parameters are calculated for the last 3 years data.

Calender Year Returns

Performance

Best PerformanceWorst Performance
PeriodReturnsPeriodReturns
Week2020-03-24 - 2020-03-31
1.53
2008-10-08 - 2008-10-15
-4.79
Month2020-03-23 - 2020-04-23
1.95
2008-10-07 - 2008-11-07
-5.36
Quarter2020-03-24 - 2020-07-24
4.67
2008-10-07 - 2009-02-07
-5.36
Year2012-06-27 - 2013-06-27
8.34
2008-10-07 - 2009-10-07
-5.36

Portfolio

Stock NameSector% of Total Holdings
Infosys Ltd.Technology4.03
HDFC Bank Ltd.Financials3.44
Adani Ports and Special Economic Zone Ltd.Infrastructure3.24
ICICI Bank Ltd.Financials3.07
Hindustan Unilever Ltd.FMCG3.03
Bharti Airtel Ltd.Media and Communications2.99
Reliance Industries Ltd.Energy2.83
State Bank Of IndiaFinancials2.56
Axis Bank Ltd.Financials2.05
Kotak Mahindra Bank Ltd.Financials1.87
Deepak Nitrite Ltd.Chemicals1.84
Tata Consultancy Services Ltd.Technology1.78
Sun TV Network Ltd.Media and Communications1.71
IndusInd Bank Ltd.Financials1.55
L&T Technology Services Ltd.Capital Goods1.49
Zee Entertainment Enterprises Ltd.Media and Communications1.3
Petronet LNG Ltd.Energy1.25
Bajaj Finance Ltd.Financials1.22
Housing Development Finance Corporation Ltd.Financials1.2
ACC Ltd.Construction1.13
Glenmark Pharmaceuticals Ltd.Healthcare1.12
Larsen & Toubro Ltd.Infrastructure1.09
Container Corporation Of India Ltd.Logistics0.95
Tata Steel Ltd.Metals0.91
Maruti Suzuki India Ltd.Automobile and Ancillaries0.91
SBI Life Insurance Company Ltd.Financials0.75
Natco Pharma Ltd.Healthcare0.73
UTI Asset Management Company Ltd.Financials0.67
Dabur India Ltd.FMCG0.66
ITC Ltd.FMCG0.64
Rossari Biotech Ltd.Chemicals0.62
Sun Pharmaceutical Industries Ltd.Healthcare0.62
Gujarat State Petronet Ltd.Energy0.59
Torrent Pharmaceuticals Ltd.Healthcare0.58
Voltas Ltd.Consumer Durables0.56
SRF Ltd.Diversified0.54
Prince Pipes & Fittings Ltd.Consumer Durables0.49
Muthoot Finance Ltd.Financials0.49
Bharat Petroleum Corporation Ltd.Energy0.49
Dr. Reddys Laboratories Ltd.Healthcare0.49
Craftsman Automation Ltd.Capital Goods0.48
Eicher Motors Ltd.Automobile and Ancillaries0.44
Westlife Development Ltd.Financials0.41
Tata Motors Ltd.Automobile and Ancillaries0.4
Max Financial Services Ltd.Financials0.39
Power Finance Corporation Ltd.Financials0.37
Matrimony.Com Ltd.Technology0.36
Crompton Greaves Consumer Electricals Ltd.Consumer Durables0.35
Emami Ltd.FMCG0.34
Hindustan Petroleum Corporation Ltd.Energy0.33
Tata Consumer Products Ltd.FMCG0.3
Britannia Industries Ltd.FMCG0.28
Sudarshan Chemical Industries Ltd.Chemicals0.27
HDFC Life Insurance Co Ltd.Financials0.27
Ashok Leyland Ltd.Automobile and Ancillaries0.26
Quess Corp Ltd.Miscellaneous0.26
TVS Motor Company Ltd.Automobile and Ancillaries0.26
Vinati Organics Ltd.Chemicals0.25
Jindal Steel & Power Ltd.Metals0.25
Havells India Ltd.Capital Goods0.25
Larsen & Toubro Infotech Ltd.Technology0.25
Ceat Ltd.Automobile and Ancillaries0.23
HDFC Asset Management Company Ltd.Financials0.23
Ambuja Cements Ltd.Construction0.23
Kansai Nerolac Paints Ltd.Chemicals0.21
Reliance Industries Ltd - Partly Paid up Equity Shares (Rights Entitlements (REs)Energy0.21
Coforge Ltd.Technology0.21
Ipca Laboratories Ltd.Healthcare0.2
Titan Company Ltd.Retail and Other Services0.2
Divi's Laboratories Ltd.Healthcare0.2
Balkrishna Industries Ltd.Automobile and Ancillaries0.19
The Federal Bank Ltd.Financials0.18
ICICI Lombard General Insurance Co Ltd.Financials0.17
Fortis Healthcare Ltd.Healthcare0.14
Kajaria Ceramics Ltd.Construction0.13
Gateway Distriparks Ltd.Logistics0.12
9.75% Manappuram Finance 31/12/2021Debenture5.64
ICICI Securities 222-D 16/03/2022Commercial Paper4.97
6.80% Hindustan Petroleum Corporation 15/12/2022Debenture4.17
8.60% Tamilnadu State 2023State Development Loan2.67
7.35% Power Finance Corporation 22/11/2022Debenture2.61
7.09% REC 17/10/2022Debenture2.6
7.93% NTPC 2022Non Convertible Debenture2.59
7.60% Nat. Highways Authority 18/03/2022Bonds2.58
4.95% HDFC 2022Non Convertible Debenture2.55
4.23% HDFC 18/02/2022Debenture2.53
RBL Bank 2021Certificate of Deposit2.52
Aditya Birla Finance 311-D 31/12/2021Commercial Paper2.51
Reliance Industries 172-D 28/02/2022Commercial Paper2.5
SIDBI 18/03/2022Commercial Paper2.49
8.93% Power Grid Corporation 20/10/2022Bonds2.12
8.75% Vedanta 30/06/2022Non Convertible Debenture1.54
5.32% National Housing Bank 2023Non Convertible Debenture1.54
6.99% Ultratech Cement 24/11/2021Debenture1.53
L&T Finance 183-D 12/01/2022Commercial Paper1.5
Network 18 Media & Inv 364-D 25/02/2022Commercial Paper1.5
IDFC First Bank 14/03/2022Certificate of Deposit1.49
Network 18 Media & Inv 314-D 30/06/2022Commercial Paper1.47
Export-Import Bank 2022Certificate of Deposit1.47
8.30% Reliance Industries 2022Debenture1.28
L&T Infrastructre Finance 364-D 21/02/2022Commercial Paper1.25
9.75% Manappuram Finance 31/12/2021Debenture5.29
ICICI Securities 222-D 16/03/2022Commercial Paper4.7
6.80% Hindustan Petroleum Corporation 15/12/2022Debenture3.91
8.60% Tamilnadu State 2023State Development Loan2.51
7.35% Power Finance Corporation 22/11/2022Debenture2.46
8.15% GOI 2022Central Government Loan2.45
7.93% NTPC 2022Non Convertible Debenture2.43
7.60% Nat. Highways Authority 18/03/2022Bonds2.42
8.20% GOI 15/02/2022Central Government Loan2.42
4.95% HDFC 2022Non Convertible Debenture2.39
4.23% HDFC 18/02/2022Debenture2.39
RBL Bank 2021Certificate of Deposit2.39
National Bank Agr. Rur. Devp 89-D 25/01/2022Commercial Paper2.37
Reliance Industries 172-D 28/02/2022Commercial Paper2.36
SIDBI 18/03/2022Commercial Paper2.35
8.93% Power Grid Corporation 20/10/2022Bonds1.99
8.75% Vedanta 30/06/2022Non Convertible Debenture1.45
5.32% National Housing Bank 2023Non Convertible Debenture1.45
6.99% Ultratech Cement 24/11/2021Debenture1.44
L&T Finance 183-D 12/01/2022Commercial Paper1.42
Network 18 Media & Inv 364-D 25/02/2022Commercial Paper1.42
IDFC First Bank 14/03/2022Certificate of Deposit1.41
Network 18 Media & Inv 314-D 30/06/2022Commercial Paper1.39
8.30% Reliance Industries 2022Debenture1.2
L&T Infrastructre Finance 364-D 21/02/2022Commercial Paper1.18

AUM Yearly

YearScheme Total AumCategory Total Aum
2019529.0729534.02

Mirae Asset Savings Fund Regular Savings Plan Details

Mirae Asset Savings Fund Regular Savings Plan Growth is a Debt Scheme - Low Duration Fund mutual fund scheme launched by Mirae Asset Investment Managers (India) Pvt. Ltd..This fund has been launched on 2008-03-05. Mirae Asset Savings Fund Regular Savings Plan Growth currently has 1047 crores of assets under management (AUM) and has an expense ratio of 0.93 which is higher than what most other Large Cap funds charge.


Mirae Asset Savings Fund Regular Savings Plan Growth has given returns of 3.38% in the last 1 year and 4.94% in the last 3 years. And since launch the fund has given 4.43% returns.


This fund invests in Debt Scheme - Low Duration Fund companies which are fundamentally strong and having growth potential.


Min sip to invest in this fund is Rs. and lumpsum investment is Rs.5000.

The top holdings of the fund are Infosys Ltd. , HDFC Bank Ltd. , Adani Ports and Special Economic Zone Ltd. , ICICI Bank Ltd. , Hindustan Unilever Ltd.

Frquently Asked Questions

1. What is the NAV of Mirae Asset Savings Fund Regular Savings Plan ?

The current Net Asset Value (NAV) of the Mirae Asset Savings Fund Regular Savings Plan is 1839.8

2. Mirae Asset Savings Fund Regular Savings Plan Rolling Returns

The 3 year rolling returns of the Mirae Asset Savings Fund Regular Savings Plan :

  • Mean : 6.6%
  • Max : 8.03%
  • Min : 0%

3. How do I invest in Mirae Asset Savings Fund Regular Savings Plan ?

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Mirae Asset Savings Fund Regular Savings Plan Growth



Investment Duration 3 years

Disclaimer

Please note that these calculators are for illustrations only and do not represent actual returns. Mutual Funds do not have a fixed rate of return and it is not possible to predict the rate of return.