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Mirae Asset India Equity Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Multi Cap Fund
  • NAV
    : ₹ 53.264 -0.46%
    (as on 22nd March, 2019)
Crisil Rank
Very good performance among peers
Risk-O-Meter
Moderately High

Fund has 95.84% investment in indian stocks of which 84.36% is in large cap stocks, 8.37% is in mid cap stocks, 3.15% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for high returns. At the same time, these investors should also be ready for possibility of moderate losses in their investments.

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Returns (NAV as on 22nd March, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 15-Mar-19 10010.71 0.11% - -0.25% 19/72
1 Month 22-Feb-19 10674.15 6.74% - 6.59% 29/72
3 Month 24-Dec-18 10666.67 6.67% - 3.21% 7/72
6 Month 24-Sep-18 10589.69 5.90% - 0.60% 9/69
YTD 02-Apr-18 11225.53 12.26% - 1.93% 1/61
1 Year 22-Mar-18 11344.59 13.45% 13.45% 2.48% 3/61
2 Year 22-Mar-17 13124.71 31.25% 14.56% 9.33% 4/41
3 Year 22-Mar-16 16721.82 67.22% 18.69% 14.22% 1/38
5 Year 24-Mar-14 24426.30 144.26% 19.57% 16.14% 3/27
10 Year - - - - - -/-
Since Inception 02-Jan-13 28075.06 180.75% 18.06% - -/-

SIP Returns (NAV as on 22nd Mar,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 22-Mar-18 12000 12939.76 7.83 % 14.89 %
2 years 22-Mar-17 24000 26815.06 11.73 % 11.09 %
3 years 22-Mar-16 36000 44673.35 24.09 % 14.55 %
5 years 22-Mar-14 60000 87172.71 45.29 % 14.94 %
 

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 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 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 28th Feb,2019)

Portfolio Turnover Ratio : 52.00%  |   Category average turnover ratio is 130.78%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 95.84% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.84%
No of Stocks : 61 (Category Avg - 44.25) | Large Cap Investments : 84.36%| Mid Cap Investments : 8.37% | Small Cap Investments : 3.15% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 8990.9 8.51% -0.19% 9.2% (May 2018) 8.04% (Oct 2018) 43.28 L 0.00
Reliance Industries Ltd. Refineries/marketing 6306.5 5.97% -0.11% 6.67% (Sep 2018) 3.81% (Mar 2018) 51.23 L 0.00
Axis Bank Ltd. Banks 5445.5 5.16% -0.21% 5.36% (Jan 2019) 0.95% (Apr 2018) 76.75 L 0.00
ICICI Bank Ltd. Banks 5217.2 4.94% -0.17% 5.35% (Oct 2018) 4.04% (Jun 2018) 1.49 Cr 4.01 L
Tata Consultancy Services Ltd. Computers - software 4093.4 3.88% -0.14% 4.02% (Jan 2019) 2.49% (Mar 2018) 20.64 L 0.00
State Bank Of India Banks 3502.4 3.32% -0.38% 3.84% (Jul 2018) 2.93% (Apr 2018) 1.30 Cr 0.00
ITC Limited Cigarettes 3386.9 3.21% 0.01% 3.79% (Aug 2018) 3.04% (Nov 2018) 1.23 Cr 3.86 L
Infosys Ltd. Computers - software 3315.4 3.14% -0.13% 5.36% (Mar 2018) 2.93% (Dec 2018) 45.15 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 3312.2 3.14% -0.12% 3.96% (Mar 2018) 3.14% (Feb 2019) 25.62 L 0.00
Kotak Mahindra Bank Ltd. Banks 2893.4 2.74% -0.16% 4.07% (May 2018) 2.74% (Feb 2019) 23.85 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
CBLO CBLO 3.77%
MF Units MF Units 0.44%
Net Receivables Net Receivables -0.04%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 28th February, 2019)

  • Standard Deviation

    High volatility
    14.27vs7.98
    Category Avg
  • Beta

    High volatility
    1vs0.51
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.64vs0.17
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.09vs0.03
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    2.89vs-0.6
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Multicap Fund - Direct Plan - Growth NA 3025.34 4.01 3.82 3.54 15.01 0.00
HDFC Equity Fund - Direct Plan - Growth 4 20464.91 8.64 7.40 5.92 13.48 18.15
Canara Robeco Equity Diversified - Direct Plan - Growth 4 928.04 5.87 6.39 4.98 12.64 16.46
UTI Equity Fund - Direct Plan - Growth 4 8649.29 6.18 4.27 0.81 11.92 14.29
Kotak Standard Multicap Fund - Direct Plan - Growth 5 21682.42 7.59 5.80 4.15 11.45 17.96
Reliance Multicap Fund - Direct Plan - Growth 4 9680.26 6.91 2.93 5.69 10.28 14.76
Parag Parikh Long Term Equity Fund - Direct Plan - Growth NA 1618.58 3.98 7.37 0.71 10.03 15.25
ICICI Prudential Multicap Fund - Direct Plan - Growth 5 3166.52 6.70 3.87 -0.25 9.38 15.74
Sahara Growth Fund - Direct Plan - Growth NA 4.02 7.13 5.58 4.43 8.20 13.94
LIC MF Multicap Fund - Direct Plan - Growth 2 262.39 5.08 3.37 0.46 6.86 9.51

More Funds from Mirae Asset Mutual Fund

Out of 11 mutual fund schemes offered by this AMC, 4 is/are ranked 5 * , 2 is/are ranked 3 * , and 5 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Mirae Asset India Equity Fund - Direct Plan - Growth 5 10560.12 6.74 5.83 4.04 13.45 18.69
Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 5 6443.82 7.87 5.08 5.58 11.34 21.81
Mirae Asset Cash Management Fund - Direct Plan - Growth 3 2528.26 0.55 1.79 3.68 7.52 7.13
Mirae Asset Hybrid - Equity - Direct Plan - Growth 5 1495.05 5.82 5.11 5.18 12.92 16.59
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 1381.14 6.76 5.08 4.31 12.56 23.16
Mirae Asset Great Consumer Fund - Direct Plan - Growth NA 646.15 5.93 1.49 3.34 11.00 20.82
Mirae Asset Savings Fund - Direct Plan - Growth 3 460.08 0.77 2.25 4.45 7.82 7.35
Mirae Asset Healthcare Fund - Direct Plan - Growth NA 326.41 3.77 3.40 -2.70 0.00 0.00
Mirae Asset Short Term Fund - Direct Plan - Growth NA 62.11 1.14 2.67 5.19 7.24 0.00
Mirae Asset Equity Savings Fund - Direct Plan - Growth NA 36.90 2.58 3.04 0.00 0.00 0.00

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