Mirae Asset Equity Savings Fund Direct-Growth
Hybrid: Equity Savings - Growth (Open ended) Factsheet
SEBI Riskometer: Moderately HighCategory: Hybrid: Equity SavingsBenchmark: NIFTY Equity Savings Total Return Index
NAV: ₹22.76-0.80%
08 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Mirae Asset Equity Savings Fund Direct-Growth.
Market Cap Distribution
Large Cap (71.3%)
Mid Cap (17.3%)
Small Cap (11.4%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 37.95% | 38.94% | 38.49% | 40.73% | 40.69% | 38.02% |
| Debt | 27.03% | 26.74% | 30.34% | 27.05% | 27.74% | 30.80% |
| Others (incl. cash) | 35.02% | 34.32% | 31.18% | 32.22% | 31.58% | 31.17% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
161
P/E Ratio
20.40
P/B Ratio
3.27
Top Holding %
35.02%
Top 5 Holdings %
47.27%
Top 10 Holdings %
57.68%
Modified Duration
2.50 yrs
Avg. Maturity
3.57 yrs
Yield to Maturity
6.25%
AUM
₹1,950 Cr
Expense Ratio
0.74%
Since Inception
11.49%
Max Drawdown
-0.18%
Sharpe Ratio
0.74
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 10,41,928 | 77.58 | 3.98% | -0.21%↓ |
| ICICI Bank Ltd. | Financial | 4,94,225 | 62.09 | 3.18% | 0.35%↑ |
| Reliance Industries Ltd. | Energy | 3,24,984 | 42.94 | 2.20% | -0.11%↓ |
| Bharti Airtel Ltd. | Communication | 2,28,667 | 41.82 | 2.15% | -0.10%↓ |
| Axis Bank Ltd. | Financial | 3,10,555 | 39.96 | 2.05% | 0.32%↑ |
| State Bank of India | Financial | 4,01,480 | 38.72 | 1.99% | -0.14%↓ |
| Larsen & Toubro Ltd. | Construction | 79,116 | 32.25 | 1.65% | -0.00%↓ |
| Mahindra & Mahindra Ltd. | Automobile | 90,578 | 27.59 | 1.41% | -0.05%↓ |
| Tata Steel Ltd. | Metals & Mining | 13,24,323 | 27.55 | 1.41% | -0.05%↓ |
| Eternal Ltd. | Services | 9,77,604 | 24.5 | 1.26% | -0.00%↓ |
| NTPC Ltd. | Energy | 5,81,755 | 22.51 | 1.15% | -0.06%↓ |
| SBI Life Insurance Company Ltd. | Insurance | 1,16,913 | 21.4 | 1.10% | -0.01%↓ |
| Adani Ports and Special Economic Zone Ltd. | Services | 1,18,237 | 21.34 | 1.09% | 0.07%↑ |
| Kotak Mahindra Bank Ltd. | Financial | 5,46,210 | 20.99 | 1.08% | -0.01%↓ |
| Titan Company Ltd. | Consumer Discretionary | 51,050 | 20.8 | 1.07% | -0.05%↓ |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 5,24,863 | 20.67 | 1.06% | 0.13%↑ |
| Maruti Suzuki India Ltd. | Automobile | 14,130 | 18.55 | 0.95% | 0.07%↑ |
| Eicher Motors Ltd. | Automobile | 25,800 | 18.52 | 0.95% | -0.01%↓ |
| Shriram Finance Ltd | Financial | 1,80,515 | 17.1 | 0.88% | -0.01%↓ |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 93,964 | 16.91 | 0.87% | -0.02%↓ |
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Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Financial | 11.18% | 11.63% | 11.47% | 12.69% | 12.55% | 11.17% |
| Services | 3.83% | 4.13% | 4.13% | 4.15% | 4.71% | 4.10% |
| Energy | 3.36% | 3.25% | 3.28% | 3.35% | 3.37% | 3.20% |
| Healthcare | 2.89% | 2.72% | 2.93% | 2.97% | 3.22% | 2.84% |
| Automobile | 2.69% | 2.55% | 2.38% | 2.59% | 2.75% | 2.66% |
| Communication | 2.00% | 2.21% | 2.21% | 2.15% | 1.69% | 1.48% |
| Technology | 1.94% | 2.06% | 2.20% | 2.27% | 2.50% | 2.54% |
| Capital Goods | 1.87% | 1.99% | 1.86% | 1.93% | 1.67% | 1.39% |
| Consumer Discretionary | 1.59% | 1.59% | 1.60% | 1.47% | 1.13% | 1.14% |
| Materials | 1.37% | 1.41% | 1.29% | 1.46% | 1.40% | 1.87% |
| Consumer Staples | 1.35% | 1.45% | 1.39% | 1.55% | 1.67% | 1.82% |
| Construction | 1.32% | 1.37% | 1.33% | 1.60% | 1.53% | 1.49% |
| Metals & Mining | 1.15% | 1.20% | 1.19% | 1.24% | 1.30% | 1.19% |
| Insurance | 0.75% | 0.77% | 0.70% | 0.73% | 0.64% | 0.58% |
| Chemicals | 0.64% | 0.63% | 0.53% | 0.59% | 0.55% | 0.55% |
Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| Cash | 29.14% | 27.42% |
| AAA | 10.08% | 6.01% |
| SOV | 8.30% | 8.15% |
| AA+ | 7.09% | 1.29% |
| Cash & Call Money | 5.88% | 15.49% |
| A1+ | 1.56% | 4.52% |
| A+ | - | 0.12% |
| AA | - | 0.59% |
| AA- | - | 0.25% |
| D | - | 7.13% |
| Others | - | 0.18% |
| Term Deposits | - | 0.03% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
Score not available.
Price Momentum score
Score not available.
Quality score
Score not available.
QVM score
Score not available.
Red Flags
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| LIC Housing Finance Ltd. | Bonds | 7.90% | 23/06/2027 | CRISIL AAA | 2.56% |
| Muthoot Finance Ltd. | Non Convertible Debenture | 7.88% | 22/11/2028 | CRISIL AA+ | 2.52% |
| Torrent Pharmaceuticals Ltd. | Debenture | 7.45% | 19/01/2028 | [ICRA]AA+ | 2.03% |
| GOI | GOI Securities | 6.79% | 07/10/2034 | SOV | 1.36% |
| GOI | GOI Securities | 7.32% | 13/11/2030 | SOV | 1.31% |
| GOI | GOI Securities | 7.18% | 14/08/2033 | SOV | 1.29% |
| Piramal Finance Pvt. Ltd. | Bonds/NCDs | 8.75% | 29/10/2027 | [ICRA]AA+ | 1.28% |
| Power Finance Corporation Ltd. | Bonds | 7.45% | 0 | CRISIL AAA | 1.28% |
| Bharti Telecom Ltd. | Debenture | 8.95% | 04/12/2026 | CRISIL AAA | 1.28% |
| REC Ltd. | Bonds | 6.95% | 18/02/2028 | CRISIL AAA | 1.27% |
| Torrent Pharmaceuticals Ltd. | Non Convertible Debenture | 7.60% | 19/01/2029 | [ICRA]AA+ | 1.26% |
| ICICI Securities Ltd. | Debenture | 7.45% | 24/11/2028 | CRISIL AAA | 1.26% |
| Haryana State | State Development Loan | 7.15% | 30/07/2040 | SOV | 1.21% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 29/01/2027 | CRISIL A1+ | 1.07% |
| GOI | GOI Securities | 7.06% | 10/04/2028 | SOV | 1.04% |
| GOI | GOI Securities | 6.54% | 17/01/2032 | SOV | 1.01% |
| Mindspace Business Parks REIT | Debenture | 6.96% | 08/12/2028 | [ICRA]AAA | 1.00% |
| Kotak Mahindra Prime Ltd. | Non Convertible Debenture | 8.14% | 10/02/2027 | CRISIL AAA | 0.74% |
| GOI | GOI Securities | 7.26% | 06/02/2033 | SOV | 0.52% |
| GOI | GOI Securities | 7.26% | 22/08/2032 | SOV | 0.31% |
| GOI | GOI Securities | 7.34% | 22/04/2064 | SOV | 0.25% |
| National Bank For Agriculture & Rural Development | Bonds | 7.44% | 24/02/2028 | CRISIL AAA | 0.25% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 04/02/2027 | CRISIL A1+ | 0.24% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 22/01/2027 | CRISIL A1+ | 0.24% |
| National Bank For Agriculture & Rural Development | Debenture | 7.70% | 30/09/2027 | [ICRA]AAA | 0.23% |
| HDFC Bank Ltd. | Debenture | 7.78% | 13/04/2027 | CRISIL AAA | 0.15% |
| National Bank For Agriculture & Rural Development | Bonds | 7.64% | 06/12/2029 | [ICRA]AAA | 0.05% |
Frequently Asked Questions
What are the top holdings of Mirae Asset Equity Savings Fund Direct-Growth?
The top holdings of Mirae Asset Equity Savings Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does Mirae Asset Equity Savings Fund Direct-Growth hold in its portfolio?
Mirae Asset Equity Savings Fund Direct-Growth holds 161 securities in its portfolio. The top 5 holdings account for 47.27% of the portfolio and the top 10 for 57.68% — a well-diversified portfolio that minimises stock-specific risk.
What is the sector allocation of Mirae Asset Equity Savings Fund Direct-Growth?
The sector allocation of Mirae Asset Equity Savings Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of Mirae Asset Equity Savings Fund Direct-Growth?
As of 31 May 2026, Mirae Asset Equity Savings Fund Direct-Growth has 37.95% in equity, 27.03% in debt and 35.02% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 6.25%.
What is the market cap allocation of Mirae Asset Equity Savings Fund Direct-Growth?
Mirae Asset Equity Savings Fund Direct-Growth's equity portfolio — Large Cap: 71.31%, Mid Cap: 17.26%, Small Cap: 11.43%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is Mirae Asset Equity Savings Fund Direct-Growth a concentrated or diversified fund?
Mirae Asset Equity Savings Fund Direct-Growth holds 161 securities, with the top 10 accounting for 57.68% of the portfolio and the top 5 for 47.27%. With 161 holdings, this is a well-diversified fund — stock-specific risk is limited.
What is the credit quality of Mirae Asset Equity Savings Fund Direct-Growth?
The debt holdings of Mirae Asset Equity Savings Fund Direct-Growth are rated as follows — Cash: 29.14%, AAA: 10.08%, SOV: 8.30%, AA+: 7.09%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.
How often does Mirae Asset Equity Savings Fund Direct-Growth change its portfolio?
The portfolio currently holds 161 securities with the top 10 accounting for 57.68% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of Mirae Asset Equity Savings Fund Direct-Growth's portfolio?
The weighted average PE ratio of Mirae Asset Equity Savings Fund Direct-Growth's portfolio is 20.40 and the PB ratio is 3.27. The debt portfolio has a modified duration of 2.50 years and an average maturity of 3.57 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.
When is the latest portfolio disclosure for Mirae Asset Equity Savings Fund Direct-Growth?
The latest portfolio disclosure for Mirae Asset Equity Savings Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.