Mirae Asset Equity Savings Fund

Mirae Asset Mutual FundHybridPortfolio as of 30 September 2026

Mirae Asset Equity Savings Fund holds 171 instruments (64.94% equity), led by ICICI Bank Limited (3.28%), HDFC Bank Limited (3.01%) and Bharti Airtel Limited (2.24%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings

171

Equity Allocation

64.94%

AMC

Mirae Asset Mutual Fund

Portfolio Analysis

Mirae Asset Equity Savings Fund's top 10 holdings account for 20.14% of its portfolio, more diversified than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 21.38% of net assets, spread across 13 sectors in total. Since its 31 August 2026 disclosure, the fund added 4 new positions and exited 5 positions, with NTPC Limited seeing the largest move (-0.38pp to 0.54%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Other

35.1%

Financial Services

21.38%

Consumer Discretionary

11.88%

Healthcare

Materials

5.49%

Industrials

4.99%

Energy

3.29%

Utilities

2.63%

Telecommunication

2.34%

Consumer Staples

2.11%

Information Technology

2.06%

Services

1.91%

Real Estate

0.56%

Diversified

0.3%

Top 10 Equity Holdings

ICICI Bank Limited · 3.28%HDFC Bank Limited · 3.01%Bharti Airtel Limited · 2.24%Reliance Industries Limited · 2.21%Axis Bank Limited · 2.12%State Bank of India · 2.07%Tata Steel Limited · 1.39%Kotak Mahindra Bank Limited · 1.28%Titan Company Limited · 1.27%Mahindra & Mahindra Limited · 1.27%

What Changed: August 2026 → September 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

4 new entries5 exits6 increased9 reduced

New Entries

BSE Limited · 0.19%Siemens Energy India Limited · 0.17%KANOHAR ELECTRICALS LTD · 0.14%MONEYVIEW LTD · 0.01%

Complete Exits

ABB India Limited · was 0.3%L&T Finance Limited · was 0.26%Steel Authority of India Limited · was 0.26%LIC Housing Finance Limited · was 0.22%Life Insurance Corporation Of India · was 0.21%

Biggest Weight Increases

Stock	Weight	Change
SYMBIOTEC PHARMALAB LTD	0.01% → 0.3%	▲ +0.29
Kirloskar Oil Engines Limited	0.01% → 0.3%	▲ +0.29
Neogen Chemicals Limited	0.27% → 0.52%	▲ +0.25
HDFC Asset Management Company Limited	0.03% → 0.18%	▲ +0.15
Adani Ports and Special Economic Zone Limited	0.92% → 1.07%	▲ +0.15
MphasiS Limited	0.34% → 0.44%	▲ +0.1

Biggest Weight Reductions

Stock	Weight	Change
NTPC Limited	0.92% → 0.54%	▼ -0.38
ICICI Bank Limited	3.52% → 3.28%	▼ -0.24
Glenmark Pharmaceuticals Limited	0.64% → 0.44%	▼ -0.2
Kotak Mahindra Bank Limited	1.46% → 1.28%	▼ -0.18
State Bank of India	2.23% → 2.07%	▼ -0.16
Atul Limited	0.23% → 0.11%	▼ -0.12
Reliance Industries Limited	2.33% → 2.21%	▼ -0.12
Titan Company Limited	1.38% → 1.27%	▼ -0.11
Mahindra & Mahindra Limited	1.38% → 1.27%	▼ -0.11

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).

ICICI Bank Limited

3.28%

HDFC Bank Limited

3.01%

Bharti Airtel Limited

2.24%

Reliance Industries Limited

2.21%

Axis Bank Limited

2.12%

Full Portfolio (171 holdings)

#	Holding	Sector	% to NAV
1	ICICI Bank Limited	Financial Services	3.28%
2	TREPStreps	—	3.17%
3	HDFC Bank Limited	Financial Services	3.01%
4	8.65% Muthoot Finance Ltd. (MD )bond	—	2.5%
5	7.88% Muthoot Finance Ltd 45-B OpI (MD )bond	—	2.46%
6	7.47% Reliance Industries Ltd. (MD )bond	—	2.44%
7	Net Receivables / (Payables)other	—	2.28%
8	Bharti Airtel Limited	Telecommunication	2.24%
9	Reliance Industries Limited	Energy	2.21%
10	Axis Bank Limited	Financial Services	2.12%
11	State Bank of India	Financial Services	2.07%
12	7.45% Torrent Pharmaceuticals Ltd. (MD )bond	—	1.99%
13	Tata Steel Limited	Materials	1.39%
14	6.79% Central Government Securitiesbond	—	1.32%
15	Kotak Mahindra Bank Limited	Financial Services	1.28%
16	7.32% Government of India (MD )bond	—	1.27%
17	Titan Company Limited	Consumer Discretionary	1.27%
18	Mahindra & Mahindra Limited	Consumer Discretionary	1.27%
19	7.18% Government of India (MD )bond	—	1.26%
20	7.38% REC Ltd. (MD )bond	—	1.24%
21	7.60% Torrent Pharmaceuticals Ltd. (MD )bond	—	1.24%
22	7.45% ICICI Securities Ltd. (MD )bond	—	1.24%
23	6.07% National Bank for Agriculture and Rural Development (MD )bond	—	1.23%
24	6.35% Larsen & Toubro Ltd. (MD )bond	—	1.23%
25	6.74% Small Industries Development Bank of India (MD )bond	—	1.22%
26	7.15% State Government of Haryana (MD )bond	—	1.17%
27	7.80% HDFC Bank Ltd. (MD )bond	—	1.15%
28	6.52% REC Ltd. (MD )bond	—	1.11%
29	Adani Ports and Special Economic Zone Limited	Services	1.07%
30	Eicher Motors Limited	Consumer Discretionary	1.06%
31	SBI Life Insurance Company Limited	Financial Services	1.06%
32	Bajaj Finance Limited	Financial Services	1.02%
33	7.06% Government of India (MD )bond	—	1.01%
34	Larsen & Toubro Limited	Industrials	0.98%
35	6.54% Government of India (MD )bond	—	0.98%
36	7.24% Central Government Securitiesbond	—	0.95%
37	Shriram Finance Limited	Financial Services	0.89%
38	Laurus Labs Limited	Healthcare	0.87%
39	Sun Pharmaceutical Industries Limited	Healthcare	0.86%
40	Maruti Suzuki India Limited	Consumer Discretionary	0.86%
41	ETERNAL LIMITED	Consumer Discretionary	0.81%
42	Hindustan Aeronautics Limited	Industrials	0.76%
43	TVS Motor Company Limited	Consumer Discretionary	0.75%
44	TD POWER SYSTEMS LTD	Industrials	0.73%
45	Tata Power Company Limited	Utilities	0.72%
46	FSN E-Commerce Ventures Limited	Consumer Discretionary	0.68%
47	Multi Commodity Exchange of India Limited	Financial Services	0.67%
48	JSW Energy Limited	Utilities	0.65%
49	Aditya Birla Capital Limited	Financial Services	0.63%
50	Ambuja Cements Limited	Materials	0.59%
51	JINDAL STEEL LIMITED	Materials	0.58%
52	Aurobindo Pharma Limited	Healthcare	0.57%
53	Infosys Limited	Information Technology	0.55%
54	LG Electronics India Limited	Consumer Discretionary	0.55%
55	Divi's Laboratories Limited	Healthcare	0.55%
56	Varun Beverages Limited	Consumer Staples	0.54%
57	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	0.54%
58	NTPC Limited	Utilities	0.54%
59	Hindalco Industries Limited	Materials	0.53%
60	GAIL (India) Limited	Utilities	0.53%
61	Neogen Chemicals Limited	Materials	0.52%
62	Ashok Leyland Limited	Industrials	0.51%
63	Tata Consultancy Services Limited	Information Technology	0.51%
64	Sona BLW Precision Forgings Limited	Consumer Discretionary	0.51%
65	7.26% Government of India (MD )bond	—	0.51%
66	7.06% Government of India (MD )bond	—	0.49%
67	Avenue Supermarts Limited	Consumer Discretionary	0.48%
68	Kfin Technologies Limited	Financial Services	0.46%
69	Craftsman Automation Limited	Consumer Discretionary	0.45%
70	Glenmark Pharmaceuticals Limited	Healthcare	0.44%
71	MphasiS Limited	Information Technology	0.44%
72	HDFC Life Insurance Company Limited	Financial Services	0.43%
73	Oil & Natural Gas Corporation Limited	Energy	0.42%
74	Hero MotoCorp Limited	Consumer Discretionary	0.42%
75	Bharat Electronics Limited	Industrials	0.4%
76	The Federal Bank Limited	Financial Services	0.4%
77	Onesource Specialty Pharma Limited	Healthcare	0.39%
78	Kalyan Jewellers India Limited	Consumer Discretionary	0.38%
79	Adani Enterprises Limited	Materials	0.38%
80	Central Depository Services (India) Limited	Financial Services	0.35%
81	Jio Financial Services Limited	Financial Services	0.35%
82	Bank of Baroda	Financial Services	0.34%
83	Nestle India Limited	Consumer Staples	0.34%
84	ITC Limited	Consumer Staples	0.33%
85	Dr. Reddy's Laboratories Limited	Healthcare	0.32%
86	Schaeffler India Limited	Consumer Discretionary	0.32%
87	Foseco India Limited	Materials	0.31%
88	Torrent Pharmaceuticals Limited	Healthcare	0.31%
89	Bharat Petroleum Corporation Limited	Energy	0.3%
90	7.26% Government of India (MD )bond	—	0.3%
91	UltraTech Cement Limited	Materials	0.3%
92	SYMBIOTEC PHARMALAB LTD	Healthcare	0.3%
93	Vedanta Aluminium Metal Limited	Diversified	0.3%
94	IDFC First Bank Limited	Financial Services	0.3%
95	Kirloskar Oil Engines Limited	Industrials	0.3%
96	National Aluminium Company Limited	Materials	0.29%
97	Century Plyboards (India) Limited	Consumer Discretionary	0.29%
98	Sai Life Sciences Limited	Healthcare	0.29%
99	Coal India Limited	Energy	0.29%
100	Yes Bank Limited	Financial Services	0.29%
101	Bharat Heavy Electricals Limited	Industrials	0.28%
102	BLACKBUCK LIMITED	Services	0.27%
103	MILKY MIST DAIRY FOOD LTD	Consumer Staples	0.27%
104	Leela Palaces Hotels & Resorts Limited	Consumer Discretionary	0.27%
105	Delhivery Limited	Services	0.26%
106	Apollo Hospitals Enterprise Limited	Healthcare	0.26%
107	Godrej Consumer Products Limited	Consumer Staples	0.25%
108	7.44% National Bank for Agriculture and Rural Development (MD )bond	—	0.25%
109	Dr. Lal Path Labs Ltd.	Healthcare	0.25%
110	Vishal Mega Mart Limited	Consumer Discretionary	0.25%
111	Canara Bank	Financial Services	0.25%
112	JSW Steel Limited	Materials	0.25%
113	7.34% Central Government Securitiesbond	—	0.24%
114	Krishna Institute of Medical Sciences Limited	Healthcare	0.24%
115	Bajaj Finserv Limited	Financial Services	0.24%
116	Tech Mahindra Limited	Information Technology	0.24%
117	The Phoenix Mills Limited	Real Estate	0.23%
118	DLF Limited	Real Estate	0.23%
119	7.70% National Bank for Agriculture and Rural Development (MD )bond	—	0.23%
120	Campus Activewear Limited	Consumer Discretionary	0.22%
121	Hitachi Energy India Limited	Industrials	0.21%
122	Hindustan Unilever Limited	Consumer Staples	0.21%
123	Power Finance Corporation Limited	Financial Services	0.21%
124	Max Financial Services Limited	Financial Services	0.21%
125	IndusInd Bank Limited	Financial Services	0.21%
126	7.77% HDFC Bank Ltd. (MD )bond	—	0.2%
127	Zydus Lifesciences Limited	Healthcare	0.2%
128	7.01% National Bank for Agriculture and Rural Development (MD )bond	—	0.2%
129	Coforge Limited	Information Technology	0.19%
130	BSE Limited	Financial Services	0.19%
131	CARE Ratings Limited	Financial Services	0.18%
132	International Gemological Institute Limited	Industrials	0.18%
133	HDFC Asset Management Company Limited	Financial Services	0.18%
134	Bharat Forge Limited	Consumer Discretionary	0.17%
135	Prince Pipes And Fittings Limited	Industrials	0.17%
136	Go Digit General Insurance Limited	Financial Services	0.17%
137	6.33% Government of India (MD )bond	—	0.17%
138	Siemens Energy India Limited	Industrials	0.17%
139	SHIPROCKET LTD	Services	0.16%
140	Supreme Industries Limited	Industrials	0.16%
141	Gujarat Gas Limited	Utilities	0.16%
142	AU Small Finance Bank Limited	Financial Services	0.16%
143	InterGlobe Aviation Limited	Services	0.15%
144	Asian Paints Limited	Consumer Discretionary	0.14%
145	KANOHAR ELECTRICALS LTD	Industrials	0.14%
146	Deepak Nitrite Limited	Materials	0.13%
147	Zensar Technologies Limited	Information Technology	0.13%
148	Greenply Industries Limited	Consumer Discretionary	0.12%
149	Atul Limited	Materials	0.11%
150	Godrej Properties Limited	Real Estate	0.1%
151	Indus Towers Limited	Telecommunication	0.1%
152	Muthoot Finance Limited	Financial Services	0.09%
153	Pine Labs Limited	Financial Services	0.09%
154	Lupin Limited	Healthcare	0.08%
155	Punjab National Bank	Financial Services	0.08%
156	RBL Bank Limited	Financial Services	0.08%
157	United Spirits Limited	Consumer Staples	0.08%
158	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.07%
159	Fortis Healthcare Limited	Healthcare	0.07%
160	Dabur India Limited	Consumer Staples	0.07%
161	Indian Oil Corporation Limited	Energy	0.07%
162	UPL Limited	Materials	0.06%
163	Pidilite Industries Limited	Materials	0.05%
164	7.64% National Bank for Agriculture and Rural Development (MD )bond	—	0.05%
165	Motilal Oswal Financial Services Limited	Financial Services	0.03%
166	GSPL TRANSMISSION LTD	Utilities	0.03%
167	One 97 Communications Limited	Financial Services	0.03%
168	Radico Khaitan Limited	Consumer Staples	0.02%
169	Indian Bank	Financial Services	0.02%
170	MONEYVIEW LTD	Financial Services	0.01%
171	TURTLEMINT FINTECH SOLUTIONS	Financial Services	0%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 3.28% of Mirae Asset Equity Savings Fund's net assets — its number 1 holding.

Yes. As of its 30 September 2026 disclosure, HDFC Bank Limited is 3.01% of Mirae Asset Equity Savings Fund's net assets — its number 2 holding.

Yes. As of its 30 September 2026 disclosure, Bharti Airtel Limited is 2.24% of Mirae Asset Equity Savings Fund's net assets — its number 3 holding.

Yes. As of its 30 September 2026 disclosure, Reliance Industries Limited is 2.21% of Mirae Asset Equity Savings Fund's net assets — its number 4 holding.

Yes. As of its 30 September 2026 disclosure, Axis Bank Limited is 2.12% of Mirae Asset Equity Savings Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Mirae Asset Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.