Should I invest in Mirae Asset Equity Savings Fund?

We don't give personal investment advice. Mirae Asset Equity Savings Fund- Direct Plan- Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.9%. 5-year CAGR: 9.86%.

Mirae Asset

Mirae Asset Equity Savings Fund- Direct Plan- Growth

Latest NAV

₹22.9570

As of

17 Jul 2026

1,867 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.25%	+0.17%	+0.08	7 / 26	Q2
1W	+0.12%	+0.14%	-0.02	11 / 26	Q2
2W	+0.23%	+0.29%	-0.06	15 / 26	Q3
1M	+1.12%	+1.05%	+0.08	8 / 26	Q2
3M	+1.84%	+1.89%	-0.05	14 / 26	Q3
6M	+2.24%	+2.19%	+0.05	10 / 26	Q2
YTD	+1.92%	+1.79%	+0.13	10 / 26	Q2
1Y	+5.20%	+5.05%	+0.14	10 / 26	Q2
2Y	+6.91%	+5.82%	+1.09	5 / 23	Q1
3Y	+10.59%	+9.26%	+1.33	4 / 23	Q1
4Y	+11.43%	+9.82%	+1.61	3 / 21	Q1
5Y	+9.86%	+8.54%	+1.32	3 / 20	Q1
7Y	+11.76%	+9.20%	+2.56	1 / 20	Q1
10Y	—	—	—	—	—
Inception	+11.53%	+9.04%	+2.49	3 / 26	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.92%	+1.79%	+0.13	10 / 26
2025	+9.50%	+7.14%	+2.36	1 / 23
2024	+12.37%	+11.78%	+0.58	9 / 23
2023	+14.93%	+14.13%	+0.80	9 / 22
2022	+4.73%	+4.27%	+0.45	8 / 21
2021	+16.73%	+13.19%	+3.54	3 / 20
2020	+14.67%	+9.43%	+5.24	2 / 20
2019	+12.17%	+7.11%	+5.06	1 / 18
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+12.47%

81 windows

min -3.9% · max 33.3%

96% positive

3-Year rolling

+12.56%

56 windows

min 10.1% · max 17.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+12.78%

32 windows

min 9.9% · max 16.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+11.81%

8 windows

min 11.3% · max 12.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

5.44%

3-year · annualised

Sharpe ratio

0.70

vs risk-free 6.5%

Sortino ratio

1.48

Downside-only deviation

Max drawdown

-5.13%

Feb 2026 → Mar 2026

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Equity Savings Fund

Scheme	Fund house	NAV	As of
HDFC Equity Savings Fund - Growth Option - Direct Plan	HDFC	₹76.6750	17 Jul 2026
Nippon India Equity Savings Fund - Segregated Portfolio 2 - Direct Plan - Growth Plan - Bonus Option	Nippon India	₹0.0000	17 Jul 2026
SBI Equity Savings Fund - Direct Plan - Growth	SBI	₹27.4155	17 Jul 2026
ICICI Prudential Equity Savings Fund - Direct Plan - Cumulative option	ICICI Prudential	₹25.1200	17 Jul 2026
Invesco India Equity Savings Fund - Direct Plan - Growth	Invesco	₹18.8819	17 Jul 2026
BANDHAN Equity Savings Fund-Direct Plan-Growth	Bandhan	₹36.3120	17 Jul 2026
quant Equity Savings Fund - Growth Option - Direct Plan	Quant	₹10.9493	17 Jul 2026
Aditya Birla Sun Life Equity Savings Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹25.9200	17 Jul 2026
Franklin India Equity Savings Fund- Growth Direct	Franklin India	₹18.6962	17 Jul 2026
Kotak Equity Savings Fund - Direct - Growth	Kotak	₹30.4227	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹22.9570
16 Jul 2026	₹22.8990
15 Jul 2026	₹22.9130
14 Jul 2026	₹22.8800
13 Jul 2026	₹22.9340
10 Jul 2026	₹22.9290
9 Jul 2026	₹22.8210
8 Jul 2026	₹22.7580
7 Jul 2026	₹22.9420
6 Jul 2026	₹22.9710

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Mirae Asset Equity Savings Fund- Direct Plan- Growth is ₹22.9570. It's a Equity Savings Fund from Mirae Asset, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mirae Asset Equity Savings Fund- Direct Plan- Growth has NAV history starting from 18 Dec 2018, a track record of about 7 years 7 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mirae Asset Equity Savings Fund- Direct Plan- Growth is managed by Mirae Asset. It's classified by AMFI under the 'Equity Savings Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Equity Savings Fund- Direct Plan- Growth has delivered a absolute return of 5.20% — +0.14 pp ahead of the Equity Savings Fund category average of 5.05%. The fund ranks #10 of 26 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Equity Savings Fund- Direct Plan- Growth has delivered a CAGR of 10.59% — +1.33 pp ahead of the Equity Savings Fund category average of 9.26%. The fund ranks #4 of 23 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Mirae Asset Equity Savings Fund- Direct Plan- Growth has delivered a CAGR of 9.86% — +1.32 pp ahead of the Equity Savings Fund category average of 8.54%. The fund ranks #3 of 20 in its category — the top (Q1) quartile.

₹1 lakh invested in Mirae Asset Equity Savings Fund- Direct Plan- Growth exactly 5 years ago would be worth approximately ₹160,001 today — a multiplier of 1.60×, based on the 5-year CAGR of 9.86%. The category average over the same window would have grown ₹1 lakh to ₹150,644.

A ₹10,000 monthly SIP in Mirae Asset Equity Savings Fund- Direct Plan- Growth over the last 5 years — total invested ₹600,000 — would be worth ₹770,232 today. That's an XIRR (money-weighted annualised return) of 9.92%.

Mirae Asset Equity Savings Fund- Direct Plan- Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,244,851 — XIRR 11.04%.

On a 5-year basis, Mirae Asset Equity Savings Fund- Direct Plan- Growth ranks #3 out of 20 funds in the Equity Savings Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 8.54%; this fund delivered 9.86%.

The worst peak-to-trough decline Mirae Asset Equity Savings Fund- Direct Plan- Growth has experienced over the last 5-year window is 6.93% — its NAV fell from a high on 17 Jan 2022 to a low on 17 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Equity Savings Fund- Direct Plan- Growth averaged 12.78% (best 16.44%, worst 9.86%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.52 — reasonable risk-adjusted performance.

In calendar year 2025, Mirae Asset Equity Savings Fund- Direct Plan- Growth returned 9.50% — beating the Equity Savings Fund category average of 7.14% by 2.36 pp. It ranked #1 of 23 in its category that year.

Mirae Asset Equity Savings Fund- Direct Plan- Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mirae Asset Equity Savings Fund- Direct Plan- Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.9%. 5-year CAGR: 9.86%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mirae Asset Equity Savings Fund- Direct Plan- Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Equity Savings Fund

Recent NAVs

Frequently asked questions

More from Mirae Asset