Mirae Asset Equity Savings Fund - IDCW

Scheme Objective

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.

Scheme Details

• Fund manager(s) – Vrijesh Kasera , Mahendra Jajoo , Bharti Sawant , Harshad Borawake
• Launch date – 17-Dec-2018
• Expense ratio – 1.36% as declared on 31-Oct-2025 (category average is 1.71%)
• Benchmark - Nifty Equity Savings Index

• Min SIP amount - ₹1000
• Min investment amount (one time- first time) - ₹5000
• Min investment amount (addtional purchase) - ₹1000
• Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Mirae Asset Equity Savings Fund - IDCW charges 1.0% of sell value; if fund sold before 90 days. There are no other charges.

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Contact Details