Mirae Asset Equity Savings Fund

Mirae Asset Mutual FundHybridPortfolio as of 31 July 2026

Mirae Asset Equity Savings Fund holds 167 instruments (67.77% equity), led by ICICI Bank Limited (3.53%), HDFC Bank Limited (3.16%) and Reliance Industries Limited (2.42%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

167

Equity Allocation

67.77%

AMC

Mirae Asset Mutual Fund

Portfolio Analysis

Mirae Asset Equity Savings Fund's top 10 holdings account for 21.16% of its portfolio, more diversified than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 22.15% of net assets, spread across 13 sectors in total. Since its 30 June 2026 disclosure, the fund added 8 new positions and exited 8 positions, with Ashok Leyland Limited seeing the largest move (+0.34pp to 0.55%).

Top 10 Equity Holdings

ICICI Bank Limited · 3.53%HDFC Bank Limited · 3.16%Reliance Industries Limited · 2.42%Bharti Airtel Limited · 2.25%State Bank of India · 2.06%Axis Bank Limited · 1.96%ETERNAL LIMITED · 1.47%Mahindra & Mahindra Limited · 1.45%Eicher Motors Limited · 1.44%Tata Steel Limited · 1.42%

What Changed: June 2026 → July 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.

8 new entries8 exits10 increased7 reduced

New Entries

Torrent Pharmaceuticals Limited · 0.33%Canara Bank · 0.26%The Phoenix Mills Limited · 0.22%Coforge Limited · 0.18%Lupin Limited · 0.09%GSPL Transmission Limited · 0.03%INDO-MIM LTD · 0.01%TURTLEMINT FINTECH SOLUTIONS · 0%

Complete Exits

Waaree Energies Limited · was 0.36%JB Chemicals & Pharmaceuticals Limited · was 0.29%NHPC Limited · was 0.27%Brigade Enterprises Limited · was 0.13%LTM Limited · was 0.12%Vedanta Oil and Gas Limited · was 0.09%Vedanta Power Limited · was 0.03%Eris Lifesciences Limited · was 0.01%

Biggest Weight Increases

Stock	Weight	Change
Ashok Leyland Limited	0.21% → 0.55%	▲ +0.34
Bajaj Finance Limited	0.88% → 1.08%	▲ +0.2
Kotak Mahindra Bank Limited	1.08% → 1.26%	▲ +0.18
ETERNAL LIMITED	1.3% → 1.47%	▲ +0.17
Kalyan Jewellers India Limited	0.27% → 0.42%	▲ +0.15
TVS Motor Company Limited	0.64% → 0.78%	▲ +0.14
Eicher Motors Limited	1.31% → 1.44%	▲ +0.13
TD Power Systems Limited	0.33% → 0.46%	▲ +0.13
Laurus Labs Limited	0.67% → 0.8%	▲ +0.13
Bharti Airtel Limited	2.14% → 2.25%	▲ +0.11

Biggest Weight Reductions

Stock	Weight	Change
Sona BLW Precision Forgings Limited	0.81% → 0.47%	▼ -0.34
Larsen & Toubro Limited	1.44% → 1.14%	▼ -0.3
HDFC Bank Limited	3.41% → 3.16%	▼ -0.25
Aurobindo Pharma Limited	0.79% → 0.63%	▼ -0.16
Varun Beverages Limited	0.55% → 0.4%	▼ -0.15
Axis Bank Limited	2.11% → 1.96%	▼ -0.15
IndusInd Bank Limited	0.5% → 0.37%	▼ -0.13

Top Holdings — Weight Trend

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

ICICI Bank Limited

3.53%

HDFC Bank Limited

3.16%

Reliance Industries Limited

2.42%

Bharti Airtel Limited

2.25%

State Bank of India

2.06%

Full Portfolio (167 holdings)

#	Holding	Sector	% to NAV
1	TREPStreps	—	4.06%
2	ICICI Bank Limited	Financial Services	3.53%
3	HDFC Bank Limited	Financial Services	3.16%
4	8.65% Muthoot Finance Ltd. (MD )bond	—	2.49%
5	7.88% Muthoot Finance Ltd 45-B OpI (MD )bond	—	2.46%
6	Reliance Industries Limited	Energy	2.42%
7	Bharti Airtel Limited	Telecommunication	2.25%
8	State Bank of India	Financial Services	2.06%
9	7.45% Torrent Pharmaceuticals Ltd. (MD )bond	—	1.99%
10	Axis Bank Limited	Financial Services	1.96%
11	ETERNAL LIMITED	Consumer Discretionary	1.47%
12	Mahindra & Mahindra Limited	Consumer Discretionary	1.45%
13	Eicher Motors Limited	Consumer Discretionary	1.44%
14	Tata Steel Limited	Materials	1.42%
15	6.79% Central Government Securitiesbond	—	1.35%
16	Titan Company Limited	Consumer Discretionary	1.29%
17	7.32% Government of India (MD )bond	—	1.29%
18	7.18% Government of India (MD )bond	—	1.28%
19	Kotak Mahindra Bank Limited	Financial Services	1.26%
20	7.60% Torrent Pharmaceuticals Ltd. (MD )bond	—	1.24%
21	7.45% ICICI Securities Ltd. (MD )bond	—	1.24%
22	6.74% Small Industries Development Bank of India (MD )bond	—	1.23%
23	6.35% Larsen & Toubro Ltd. (MD )bond	—	1.23%
24	6.07% National Bank for Agriculture and Rural Development (MD )bond	—	1.23%
25	7.15% State Government of Haryana (MD )bond	—	1.2%
26	7.80% HDFC Bank Ltd. (MD )bond	—	1.17%
27	Larsen & Toubro Limited	Industrials	1.14%
28	6.52% REC Ltd. (MD )bond	—	1.11%
29	SBI Life Insurance Company Limited	Financial Services	1.1%
30	Bajaj Finance Limited	Financial Services	1.08%
31	NTPC Limited	Utilities	1.08%
32	7.06% Government of India (MD )bond	—	1.01%
33	Maruti Suzuki India Limited	Consumer Discretionary	1.01%
34	Adani Ports and Special Economic Zone Limited	Services	1%
35	6.54% Government of India (MD )bond	—	1%
36	6.9601% Mindspace Business Parks REIT 2028bond	—	0.99%
37	7.24% Central Government Securitiesbond	—	0.97%
38	Shriram Finance Limited	Financial Services	0.94%
39	Sun Pharmaceutical Industries Limited	Healthcare	0.93%
40	Laurus Labs Limited	Healthcare	0.8%
41	TVS Motor Company Limited	Consumer Discretionary	0.78%
42	Tata Power Company Limited	Utilities	0.76%
43	Hindustan Aeronautics Limited	Industrials	0.75%
44	8.14% Kotak Mahindra Prime Ltd. (MD )bond	—	0.72%
45	FSN E-Commerce Ventures Limited	Consumer Discretionary	0.71%
46	JSW Energy Limited	Utilities	0.7%
47	Glenmark Pharmaceuticals Limited	Healthcare	0.68%
48	Ambuja Cements Limited	Materials	0.68%
49	Aditya Birla Capital Limited	Financial Services	0.67%
50	Aurobindo Pharma Limited	Healthcare	0.63%
51	Infosys Limited	Information Technology	0.63%
52	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	0.62%
53	Delhivery Limited	Services	0.6%
54	JINDAL STEEL LIMITED	Materials	0.56%
55	GAIL (India) Limited	Utilities	0.56%
56	Hindalco Industries Limited	Materials	0.55%
57	Ashok Leyland Limited	Industrials	0.55%
58	Avenue Supermarts Limited	Consumer Discretionary	0.54%
59	LG Electronics India Limited	Consumer Discretionary	0.54%
60	Union Bank of India (MD )bond	—	0.53%
61	7.26% Government of India (MD )bond	—	0.51%
62	Kfin Technologies Limited	Financial Services	0.51%
63	Tata Consultancy Services Limited	Information Technology	0.51%
64	Divi's Laboratories Limited	Healthcare	0.47%
65	Multi Commodity Exchange of India Limited	Financial Services	0.47%
66	Sona BLW Precision Forgings Limited	Consumer Discretionary	0.47%
67	TD Power Systems Limited	Industrials	0.46%
68	HDFC Life Insurance Company Limited	Financial Services	0.45%
69	The Federal Bank Limited	Financial Services	0.45%
70	Hero MotoCorp Limited	Consumer Discretionary	0.43%
71	Craftsman Automation Limited	Consumer Discretionary	0.43%
72	Kalyan Jewellers India Limited	Consumer Discretionary	0.42%
73	Onesource Specialty Pharma Limited	Healthcare	0.41%
74	Jio Financial Services Limited	Financial Services	0.41%
75	Oil & Natural Gas Corporation Limited	Energy	0.41%
76	Bharat Electronics Limited	Industrials	0.4%
77	Varun Beverages Limited	Consumer Staples	0.4%
78	Nestle India Limited	Consumer Staples	0.39%
79	Adani Enterprises Limited	Materials	0.39%
80	IndusInd Bank Limited	Financial Services	0.37%
81	Bank of Baroda	Financial Services	0.36%
82	HDFC Asset Management Company Limited	Financial Services	0.35%
83	ITC Limited	Consumer Staples	0.35%
84	Century Plyboards (India) Limited	Consumer Discretionary	0.34%
85	Hindustan Unilever Limited	Consumer Staples	0.34%
86	Schaeffler India Limited	Consumer Discretionary	0.33%
87	MphasiS Limited	Information Technology	0.33%
88	Vedanta Aluminium Metal Limited	Diversified	0.33%
89	Sai Life Sciences Limited	Healthcare	0.33%
90	Torrent Pharmaceuticals Limited	Healthcare	0.33%
91	Bharat Petroleum Corporation Limited	Energy	0.32%
92	Yes Bank Limited	Financial Services	0.31%
93	IDFC First Bank Limited	Financial Services	0.31%
94	7.26% Government of India (MD )bond	—	0.31%
95	National Aluminium Company Limited	Materials	0.3%
96	International Gemological Institute Limited	Industrials	0.3%
97	UltraTech Cement Limited	Materials	0.3%
98	Godrej Consumer Products Limited	Consumer Staples	0.29%
99	ABB India Limited	Industrials	0.29%
100	Coal India Limited	Energy	0.28%
101	Bharat Heavy Electricals Limited	Industrials	0.28%
102	Power Finance Corporation Limited	Financial Services	0.28%
103	Net Receivables / (Payables)other	—	0.27%
104	Vishal Mega Mart Limited	Consumer Discretionary	0.26%
105	L&T Finance Limited	Financial Services	0.26%
106	Canara Bank	Financial Services	0.26%
107	Tech Mahindra Limited	Information Technology	0.26%
108	Krishna Institute of Medical Sciences Limited	Healthcare	0.25%
109	Neogen Chemicals Limited	Materials	0.25%
110	Atul Limited	Materials	0.25%
111	7.44% National Bank for Agriculture and Rural Development (MD )bond	—	0.25%
112	JSW Steel Limited	Materials	0.25%
113	BLACKBUCK LIMITED	Services	0.24%
114	Kotak Mahindra Bank Ltd. (MD )bond	—	0.24%
115	Bajaj Finserv Limited	Financial Services	0.24%
116	7.34% Central Government Securitiesbond	—	0.24%
117	National Bank for Agriculture and Rural Development (MD )bond	—	0.24%
118	Dr. Lal Path Labs Ltd.	Healthcare	0.24%
119	Max Financial Services Limited	Financial Services	0.23%
120	Leela Palaces Hotels & Resorts Limited	Consumer Discretionary	0.23%
121	Indus Towers Limited	Telecommunication	0.22%
122	7.70% National Bank for Agriculture and Rural Development (MD )bond	—	0.22%
123	The Phoenix Mills Limited	Real Estate	0.22%
124	Hitachi Energy India Limited	Industrials	0.22%
125	DLF Limited	Real Estate	0.22%
126	LIC Housing Finance Limited	Financial Services	0.22%
127	Bharat Forge Limited	Consumer Discretionary	0.2%
128	Zydus Lifesciences Limited	Healthcare	0.19%
129	Max Healthcare Institute Limited	Healthcare	0.19%
130	CARE Ratings Limited	Financial Services	0.19%
131	Campus Activewear Limited	Consumer Discretionary	0.19%
132	Coforge Limited	Information Technology	0.18%
133	Gujarat Gas Limited	Utilities	0.18%
134	Prince Pipes And Fittings Limited	Industrials	0.18%
135	6.33% Government of India (MD )bond	—	0.17%
136	Go Digit General Insurance Limited	Financial Services	0.16%
137	AU Small Finance Bank Limited	Financial Services	0.16%
138	Supreme Industries Limited	Industrials	0.16%
139	InterGlobe Aviation Limited	Services	0.15%
140	Zensar Technologies Limited	Information Technology	0.15%
141	Petronet LNG Limited	Utilities	0.15%
142	Asian Paints Limited	Consumer Discretionary	0.14%
143	Dalmia Bharat Limited	Materials	0.14%
144	Deepak Nitrite Limited	Materials	0.14%
145	Godrej Properties Limited	Real Estate	0.12%
146	Greenply Industries Limited	Consumer Discretionary	0.11%
147	Muthoot Finance Limited	Financial Services	0.11%
148	Lupin Limited	Healthcare	0.09%
149	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.09%
150	Fortis Healthcare Limited	Healthcare	0.09%
151	United Spirits Limited	Consumer Staples	0.08%
152	Punjab National Bank	Financial Services	0.08%
153	Dabur India Limited	Consumer Staples	0.07%
154	RBL Bank Limited	Financial Services	0.07%
155	UPL Limited	Materials	0.07%
156	Pine Labs Limited	Financial Services	0.07%
157	Indian Oil Corporation Limited	Energy	0.07%
158	Jubilant Foodworks Limited	Consumer Discretionary	0.07%
159	Pidilite Industries Limited	Materials	0.06%
160	7.64% National Bank for Agriculture and Rural Development (MD )bond	—	0.05%
161	Britannia Industries Limited	Consumer Staples	0.04%
162	GSPL Transmission Limited	Utilities	0.03%
163	Motilal Oswal Financial Services Limited	Financial Services	0.03%
164	One 97 Communications Limited	Financial Services	0.02%
165	Indian Bank	Financial Services	0.02%
166	INDO-MIM LTD	Industrials	0.01%
167	TURTLEMINT FINTECH SOLUTIONS	Financial Services	0%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 3.53% of Mirae Asset Equity Savings Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 3.16% of Mirae Asset Equity Savings Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 2.42% of Mirae Asset Equity Savings Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Bharti Airtel Limited is 2.25% of Mirae Asset Equity Savings Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, State Bank of India is 2.06% 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 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.