How to Invest in Mirae Asset Savings Fund Direct Plan Growth?

You can easily invest in Mirae Asset Savings Fund Direct Plan Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mirae Asset Savings Fund Direct Plan Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mirae Asset Savings Fund Direct Plan Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Savings Fund Direct Plan Growth provide?

The Mirae Asset Savings Fund Direct Plan Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 7.10% since its inception.

How much expense ratio is charged by Mirae Asset Savings Fund Direct Plan Growth?

The term Expense Ratio used for Mirae Asset Savings Fund Direct Plan Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mirae Asset Savings Fund Direct Plan Growth is 0.29% as of 04 Dec 2023...

What is the AUM of Mirae Asset Savings Fund Direct Plan Growth?

The AUM, short for Assets Under Management of Mirae Asset Savings Fund Direct Plan Growth is ₹589.36Cr as of 04 Dec 2023.

How to Redeem Mirae Asset Savings Fund Direct Plan Growth?

If you want to sell your Mirae Asset Savings Fund Direct Plan Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mirae Asset Savings Fund Direct Plan Growth?

You can select either SIP or Lumpsum investment of Mirae Asset Savings Fund Direct Plan Growth based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Savings Fund Direct Plan Growth?

The NAV of Mirae Asset Savings Fund Direct Plan Growth is ₹2,169.12 as of 01 Dec 2023.

What is the PE and PB ratio of Mirae Asset Savings Fund Direct Plan Growth?

The PE ratio ratio of Mirae Asset Savings Fund Direct Plan Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mirae Asset Savings Fund Direct Plan Growth - NAV, Mutual Fund Performance & Portfolio

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Mirae Asset Savings Fund Direct Plan Growth
Debt
Low Duration
Moderate Risk
05%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹2,169.12
Min. SIP amount₹1,000
Rating3
Fund size₹589.36Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.1%5.0%5.9%5.3%
Category average6.8%4.9%5.6%NA
Rank with in category181515NA
Understand terms
Holdings (46)NameSectorInstrumentAssets
GOI
SovereignGOI FRB4.3%
Motilal Oswal Finevest Ltd.
FinancialCP4.2%
Muthoot Finance Ltd.
FinancialNCD4.2%
HDFC Bank Ltd.
FinancialCD4.2%
Canara Bank
FinancialCD4.1%
National Bank For Agriculture & Rural Development
FinancialCP4.1%
Axis Bank Ltd.
FinancialCD4.1%
Small Industries Devp. Bank of India Ltd.
FinancialCP4.1%
Union Bank of India
FinancialCD3.3%
Bajaj Housing Finance Ltd.
FinancialNCD2.5%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
Nov 2023 - Present
29%
Nov 2023 - 24 Nov 2023
29%
Nov 2023 - 23 Nov 2023
29%
Nov 2023 - 22 Nov 2023
29%
Nov 2023 - 21 Nov 2023
29%
Nov 2023 - 20 Nov 2023
29%
Nov 2023 - 19 Nov 2023
29%
Nov 2023 - 18 Nov 2023
29%
Nov 2023 - 17 Nov 2023
29%
Nov 2023 - 16 Nov 2023
29%
Nov 2023 - 15 Nov 2023
29%
Nov 2023 - 14 Nov 2023
29%
Nov 2023 - 13 Nov 2023
29%
Nov 2023 - 12 Nov 2023
29%
Nov 2023 - 11 Nov 2023
29%
Nov 2023 - 10 Nov 2023
29%
Nov 2023 - 09 Nov 2023
29%
Nov 2023 - 08 Nov 2023
29%
Nov 2023 - 07 Nov 2023
29%
Nov 2023 - 06 Nov 2023
29%
Nov 2023 - 05 Nov 2023
29%
Nov 2023 - 04 Nov 2023
29%
Nov 2023 - 03 Nov 2023
29%
Nov 2023 - 02 Nov 2023
29%
Oct 2023 - 01 Nov 2023
29%
Oct 2023 - 31 Oct 2023
29%
Oct 2023 - 30 Oct 2023
29%
Oct 2023 - 29 Oct 2023
29%
Oct 2023 - 28 Oct 2023
29%
Oct 2023 - 27 Oct 2023
29%
Oct 2023 - 26 Oct 2023
29%
Oct 2023 - 25 Oct 2023
29%
Oct 2023 - 24 Oct 2023
29%
Oct 2023 - 23 Oct 2023
29%
Oct 2023 - 22 Oct 2023
29%
Oct 2023 - 21 Oct 2023
29%
Oct 2023 - 20 Oct 2023
29%
Oct 2023 - 19 Oct 2023
29%
Oct 2023 - 18 Oct 2023
29%
Oct 2023 - 17 Oct 2023
32%
Oct 2023 - 16 Oct 2023
32%
Oct 2023 - 15 Oct 2023
32%
Oct 2023 - 14 Oct 2023
32%
Oct 2023 - 13 Oct 2023
32%
Oct 2023 - 12 Oct 2023
32%
Oct 2023 - 11 Oct 2023
32%
Oct 2023 - 10 Oct 2023
32%
Oct 2023 - 09 Oct 2023
32%
Oct 2023 - 08 Oct 2023
32%
Oct 2023 - 07 Oct 2023
32%
Oct 2023 - 06 Oct 2023
32%
Oct 2023 - 05 Oct 2023
32%
Oct 2023 - 04 Oct 2023
32%
Oct 2023 - 03 Oct 2023
32%
Oct 2023 - 02 Oct 2023
32%
Sep 2023 - 01 Oct 2023
32%
Sep 2023 - 30 Sep 2023
32%
Sep 2023 - 29 Sep 2023
32%
Sep 2023 - 28 Sep 2023
32%
Sep 2023 - 27 Sep 2023
32%
Sep 2023 - 26 Sep 2023
32%
Sep 2023 - 25 Sep 2023
32%
Sep 2023 - 24 Sep 2023
32%
Sep 2023 - 23 Sep 2023
32%
Sep 2023 - 22 Sep 2023
32%
Sep 2023 - 21 Sep 2023
32%
Sep 2023 - 20 Sep 2023
32%
Sep 2023 - 19 Sep 2023
32%
Sep 2023 - 18 Sep 2023
32%
Sep 2023 - 17 Sep 2023
32%
Sep 2023 - 16 Sep 2023
32%
Sep 2023 - 15 Sep 2023
32%
Sep 2023 - 14 Sep 2023
32%
Sep 2023 - 13 Sep 2023
32%
Sep 2023 - 12 Sep 2023
32%
Sep 2023 - 11 Sep 2023
32%
Sep 2023 - 10 Sep 2023
32%
Sep 2023 - 09 Sep 2023
32%
Sep 2023 - 08 Sep 2023
32%
Sep 2023 - 07 Sep 2023
32%
Sep 2023 - 06 Sep 2023
32%
Sep 2023 - 05 Sep 2023
32%
Sep 2023 - 04 Sep 2023
32%
Sep 2023 - 03 Sep 2023
32%
Sep 2023 - 02 Sep 2023
32%
Aug 2023 - 01 Sep 2023
32%
Jul 2023 - 31 Aug 2023
33%
Jun 2023 - 31 Jul 2023
33%
May 2023 - 30 Jun 2023
33%
Apr 2023 - 31 May 2023
33%
Mar 2023 - 30 Apr 2023
51%
Feb 2023 - 31 Mar 2023
43%
Jan 2023 - 28 Feb 2023
37%
Dec 2022 - 31 Jan 2023
23%
Dec 2022 - 31 Dec 2022
23%
Dec 2022 - 31 Dec 2022
23%
Nov 2022 - 31 Dec 2022
37%
Nov 2022 - 30 Nov 2022
37%
Nov 2022 - 30 Nov 2022
37%
Oct 2022 - 30 Nov 2022
36%
Oct 2022 - 31 Oct 2022
36%
Oct 2022 - 31 Oct 2022
36%
Sep 2022 - 31 Oct 2022
33%
Sep 2022 - 30 Sep 2022
33%
Sep 2022 - 30 Sep 2022
33%
Aug 2022 - 30 Sep 2022
33%
Aug 2022 - 31 Aug 2022
33%
Jul 2022 - 31 Aug 2022
30%
Jul 2022 - 31 Jul 2022
30%
Jul 2022 - 31 Jul 2022
30%
Jun 2022 - 31 Jul 2022
30%
Jun 2022 - 30 Jun 2022
30%
May 2022 - 30 Jun 2022
30%
May 2022 - 31 May 2022
30%
Apr 2022 - 31 May 2022
31%
Apr 2022 - 30 Apr 2022
31%
Mar 2022 - 30 Apr 2022
36%
Mar 2022 - 31 Mar 2022
36%
Feb 2022 - 31 Mar 2022
28%
Feb 2022 - 28 Feb 2022
28%
Jan 2022 - 28 Feb 2022
28%
Dec 2021 - 31 Jan 2022
28%
Nov 2021 - 31 Dec 2021
28%
Oct 2021 - 30 Nov 2021
28%
Sep 2021 - 31 Oct 2021
28%
Aug 2021 - 30 Sep 2021
28%
Jul 2021 - 31 Aug 2021
27%
Jun 2021 - 31 Jul 2021
27%
May 2021 - 30 Jun 2021
27%
Apr 2021 - 31 May 2021
27%
Mar 2021 - 30 Apr 2021
26%
Feb 2021 - 31 Mar 2021
25%
Jan 2021 - 28 Feb 2021
27%
Dec 2020 - 31 Jan 2021
29%
Nov 2020 - 31 Dec 2020
26%
Oct 2020 - 30 Nov 2020
26%
Sep 2020 - 31 Oct 2020
27%
Aug 2020 - 30 Sep 2020
27%
Jul 2020 - 31 Aug 2020
27%
Jun 2020 - 31 Jul 2020
27%
May 2020 - 30 Jun 2020
27%
Apr 2020 - 31 May 2020
27%
Mar 2020 - 30 Apr 2020
21%
Feb 2020 - 31 Mar 2020
34%
Jan 2020 - 29 Feb 2020
34%
Dec 2019 - 31 Jan 2020
17%
Nov 2019 - 31 Dec 2019
17%
Oct 2019 - 30 Nov 2019
19%
Sep 2019 - 31 Oct 2019
19%
Aug 2019 - 30 Sep 2019
13%
Jul 2019 - 31 Aug 2019
13%
Jun 2019 - 31 Jul 2019
13%
May 2019 - 30 Jun 2019
14%
Apr 2019 - 31 May 2019
17%
Mar 2019 - 30 Apr 2019
24%
Feb 2019 - 31 Mar 2019
24%
Jan 2019 - 28 Feb 2019
16%
Dec 2018 - 31 Jan 2019
16%
Nov 2018 - 31 Dec 2018
16%
Oct 2018 - 30 Nov 2018
17%
Sep 2018 - 31 Oct 2018
20%
Aug 2018 - 30 Sep 2018
22%
Jul 2018 - 31 Aug 2018
23%
Jun 2018 - 31 Jul 2018
23%
May 2018 - 30 Jun 2018
24%
Apr 2018 - 31 May 2018
24%
Mar 2018 - 30 Apr 2018
20%
Feb 2018 - 31 Mar 2018
23%
Jan 2018 - 28 Feb 2018
26%
Dec 2017 - 31 Jan 2018
26%
Nov 2017 - 31 Dec 2017
26%
Oct 2017 - 30 Nov 2017
26%
Expense ratio, exit load and taxExpense ratio: 0.29%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementKruti Chheta
Aug 2022 - Present
View details
Education
Ms. Chheta has done BAF (Finance and Accounts) and MBA (Finance).
Experience
Prior to joining Chheta, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.
Also manages these schemes
Mirae Asset Savings Fund Direct Plan Growth
Fund house & investment objective
Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM₹1,02,127.67Cr
Date of Incorporation26 Apr 2019
 Mirae Asset Savings Fund Direct Plan Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 26 Apr 2019. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Savings Fund Direct Plan Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,02,128 Cr and the Latest NAV as of 01 Dec 2023 is ₹2,169.12.
The Mirae Asset Savings Fund Direct Plan Growth is rated Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.
;
Investment ObjectiveThe scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
;
Fund benchmarkNIFTY Low Duration Debt Index B-I
Scheme Information Document(SID)
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
Apr 2019
E-mail
[email protected]
Website
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Mirae Asset Savings Fund Direct Plan Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	7.1%	5.0%	5.9%	5.3%
Category average	6.8%	4.9%	5.6%	NA
Rank with in category	18	15	15	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI FRB	4.3%
Motilal Oswal Finevest Ltd.	Financial	CP	4.2%
Muthoot Finance Ltd.	Financial	NCD	4.2%
HDFC Bank Ltd.	Financial	CD	4.2%
Canara Bank	Financial	CD	4.1%
National Bank For Agriculture & Rural Development	Financial	CP	4.1%
Axis Bank Ltd.	Financial	CD	4.1%
Small Industries Devp. Bank of India Ltd.	Financial	CP	4.1%
Union Bank of India	Financial	CD	3.3%
Bajaj Housing Finance Ltd.	Financial	NCD	2.5%

Rank (total assets)	#13 in India
Total AUM	₹1,02,127.67Cr

Date of Incorporation	26 Apr 2019

Fund benchmark	NIFTY Low Duration Debt Index B-I

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹589.36Cr

Mirae Asset Savings Fund Direct Plan Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (46)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.29%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Kruti ChhetaAug 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Kruti Chheta
Aug 2022 - Present
View details