4 Best Performing Mirae Asset Equity Mutual Fund SIPs To Consider

One of the most appealing aspects of mutual funds is that they allow you to invest tiny sums of money over time using a system known as systematic investment plans (SIPs). You can also start with a monthly investment of Rs 500.

Individuals looking for long-term investments with a small initial commitment might choose equity mutual fund SIPs. The following are some of the top-performing equity mutual funds from Mirae Asset fund house according to Value Research and Morningstar.

Mirae Asset Emerging Bluechip

Mirae Asset Emerging Bluechip Fund Direct-Growth manages a total of Rs. 20,615 crores in assets (AUM). The 1-year returns on Mirae Asset Emerging Bluechip Fund Direct-Growth are 75.07 percent. It has returned an average of 26.11 percent per year since its inception.

The financial, healthcare, technology, automobile, and energy sectors account for the majority of the fund's holdings. In comparison to other funds in the category, it has less exposure to the Financial and Healthcare industries.

ICICI Bank Ltd., HDFC Bank Ltd., Axis Bank Ltd., Infosys Ltd., and State Bank of India are the fund's top five holdings. A five year SIP of Rs 10,000 would result in profit of Rs 5.8 Lakh with current value of investment of Rs 11.8 lakh. The fund is ranked 5-star by Value Research and Morningstar.

Mirae Asset Tax Saver Fund Direct

The assets under management (AUM) of Mirae Asset Tax Saver Fund Direct-Growth is $9,401 crores.

The 1-year returns on Mirae Asset Tax Saver Fund Direct-Growth are 71.31 percent. It has returned an average of 23.85% every year since its inception. HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., Axis Bank Ltd., and Tata Consultancy Services Ltd. are the fund's top five holdings. The majority of the money in the fund is invested in the financial, technology, automotive, healthcare, and energy industries.

The scheme aims to achieve long-term capital appreciation by investing primarily in equities and equity-related securities in a diversified portfolio.

A five year SIP of Rs 10,000 would result in profit of Rs 5.7 Lakh with current value of investment of Rs 11.7 lakh. The fund is ranked 5-star by Value Research and Morningstar.

Mirae Asset Large Cap Fund Direct

Mirae Asset Large Cap Fund Direct-Growth manages a total of 29.425 crores in assets (AUM).
Mirae Asset Large Cap Fund Direct has a 1-year growth rate of 59.95 percent. It has had an average yearly return of 19.06 percent since its inception. Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., and Axis Bank Ltd. are the fund's top five holdings. The scheme intends to optimise long-term capital appreciation by investing in equities and equity-related assets to take advantage of investment possibilities arising from India's economic growth and structural transformations. The NAV of Mirae Asset Large Cap Fund for Sep 23, 2021 is 87.02.
A five year SIP of Rs 10,000 would result in profit of Rs 4.32 Lakh with current value of investment of Rs 10.32 lakh. The fund is ranked 5-star by Value Research and Morningstar.

Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund Direct-Growth manages a total of 5,949 crores in assets (AUM). The fund now has a 74.33 percent stock allocation and an 18.84 percent debt exposure.

The 1-year returns on Mirae Asset Hybrid Equity Fund Direct-Growth are 49.05 percent. It has had an average yearly return of 15.75 percent since its inception. GOI, HDFC Bank Ltd., Infosys Ltd., ICICI Bank Ltd., and Tata Consultancy Services Ltd. are the fund's top five holdings.
From a combined portfolio of equities and equity-related assets, as well as debt and money market instruments, the Scheme intends to create capital appreciation and current income.

A five-year SIP of Rs 10,000 would result in a profit of Rs 3.83 lakh with the current value of investment of Rs 9.83 lakh. The fund is ranked 5-star by Value Research and Morningstar.

4 Best Performing Mirae Asset Equity Mutual Fund SIPs To Consider

Fund	3- year Return	Ratings
Mirae Asset Emerging Bluechip	26.68%	ValueResearch: 5-Star Morningstar: 5-Star
Mirae Asset Tax Saver Fund	25.26%	ValueResearch: 5-Star Morningstar: 5-Star
Mirae Asset Hybrid Equity Fund	18.43%	ValueResearch: 5-Star Morningstar: 5-Star
Mirae Asset Large Cap Fund Direct	19.28%	ValueResearch: 5-Star Morningstar: 5-Star

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