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Mirae Asset India Equity Fund - Direct Plan (G)

PLAN: Direct OPTIONS: Growth
48.952 0.12 (0.24%)

NAV as on 23 Apr, 2018

CRISIL MF RANK

Riskometer

MODERATELY HIGH

MODERATELY HIGH

  • Principal at moderately high risk.
FUND FAMILY : Mirae Asset Mutual Fund FUND CLASS : Diversified Equity
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ranking by CRISIL

Average performance in the category

The scheme is ranked 3 in Diversified Equity category by Crisil (for quarter ended Dec 2017) rank unchanged from last quarter. If you are already invested in this scheme, you may consider switching to a better performing scheme.

View Top ranked funds in this category

Close Mirae Asset India Opportunities Fund has been renamed as Mirae Asset India Equity Fund w.e.f March 01, 2018
Benchmark Index:
 
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Returns (NAV as on 23 Apr, 2018)

Period Returns (%) Rank #
1 mth 5.5 135
3 mth -6.8 163
6 mth 2.3 154
1 year 17.5 53
2 year 21.7 62
3 year 14.3 50
5 year 22.1 34

# Moneycontrol Rank within 219 Diversified Equity Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 14.2 5.6 3.8 9.0 39.4
2016 -4.1 9.4 7.2 -5.7 8.5
2015 4.3 -1.1 -2.0 1.0 4.7
2014 8.7 20.8 9.0 7.4 54.0
2013 -7.3 0.7 -1.5 14.3 8.2

View where it stands within its peers

* Returns over 1 year are Annualised

* Calculation Remark - Dividends are reinvested at the rate of return

Performance

Fund returns v/s Category average (Diversified Equity)

* Returns over 1 year are Annualised
  1 mth (%) 3 mth (%) 6 mth (%) 1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)
Fund Returns 5.5 -6.8 2.3 17.5 21.7 14.3 22.1
Category avg 5.7 -4.8 3.5 12.4 17.7 10.0 11.7
Difference of Fund returns and Category returns -0.2 -2.0 -1.2 5.1 4.0 4.3 10.4
Best of category 10.3 1.6 19.7 38.7 46.2 26.8 29.4
Worst of category -5.0 -18.6 -13.7 -16.7 4.9 2.7 7.3
Benchmark returns # 6.5 -4.6 4.4 15.2 18.4 9.9 14.6
Difference of Fund returns and Benchmark returns -1.0 -2.2 -2.1 2.3 3.3 4.4 7.5
Mirae Asset India Equity Fund - Direct Plan (G) Review by Crisil - Rating: 3 (Rank 3 out of 5)
# Benchmark Index: S&P BSE 200

Investment Info

Investment Objective

To generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities.

Scheme details

Fund Type Open-Ended
Investment Plan Growth
Launch date Jan 01, 2013
Benchmark S&P BSE 200
Asset Size (Rs cr) 1,719.56 (Mar-31-2018)
Minimum Investment Rs.5000
Last Dividend N.A. View Dividend History
Bonus N.A.
Fund Manager Neelesh Surana
View performance of schemes managed by the Fund Manager
Notes Mirae Asset India Opportunities Fund has been renamed as Mirae Asset India Equity Fund w.e.f March 01, 2018

Load Details

Entry Load N.A
Exit Load 1.00%
Load Comments Exit load 1 % if redeemed within 1 year (365 days) from the date of allotment and NIL thereafter

Contact Details

Regd. Office Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai, 400098
Tel. No. 022-67800300
Fax No. 022-67253942
Email customercare@miraeassetmf.co.in
Website http://www.miraeassetmf.co.in

Peer Comparison

Diversified Equity Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
ICICI Pru Value Discovery Fund (G) Rank 5
14,066.47 -4.2 4.3 10.0 8.6 21.6
HDFC Equity Fund (G) Rank 3
15,669.21 -10.3 5.0 12.5 9.5 17.1
Franklin India Prima Plus (G) Rank 4
9,650.87 -5.8 3.4 12.3 10.1 19.4
ICICI Pru Dynamic Plan (G) Rank 3
9,495.08 -4.1 4.8 13.7 11.2 18.6
Reliance Equity Oppor -Direct (G) Rank 4
1,312.08 -7.8 8.5 16.7 9.4 18.3
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Mar 31, 18)

Equity Sector Value
(Rs cr)
Asset %
HDFC Bank Banking/Finance 150.12 8.73
Infosys Technology 92.17 5.36
ICICI Bank Banking/Finance 82.37 4.79
HDFC Banking/Finance 74.46 4.33
Larsen Engineering 68.10 3.96
Reliance Oil & Gas 65.52 3.81
ITC Tobacco 63.11 3.67
SBI Banking/Finance 54.51 3.17
IndusInd Bank Banking/Finance 51.59 3.00
Kotak Mahindra Banking/Finance 49.87 2.90

Full Portfolio

Sector Allocation (Mar 31, 18)

Sector %

1-Year

HighLow

Banking/Finance 31.33 0.00 0.00
Automotive 9.99 0.00 0.00
Oil & Gas 8.59 0.00 0.00
Technology 8.29 0.00 0.00
Engineering 6.57 0.00 0.00
Conglomerates 4.70 0.00 0.00

View All Sectors

Asset Allocation (%)(Mar 31, 18)

Equity 96.98
Others 0.04
Debt 0.00
Mutual Funds 0.35
Money Market 0.00
Cash / Call 2.64

View All

Concentration

Holdings (%)
Top 5 27.17
Top 10 43.72
Sector (%)
Top 3 49.91

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