Mirae Asset Hybrid - Equity Fund - Direct (G)


Aggressive Hybrid Fund
  • NAV 29.88 (0.21%)
  • Fund Size (Cr) ₹7611.06
  • Expense Ratio 0.4
  • Scheme Type Active Fund
  • Value Research
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹1000
  • Minimum Withdrawal ₹0
  • Exit Load 1%
  • Return Since Launch 13.98%

Basic Details

Scheme Manager
Harshad Borawake
Bench Mark
CRISIL Hybrid 35+65 - Aggressive Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 01-Dec-23
  • 10207.37
  • 2.07%
  • -
  • 1.80%
  • 41/214
  • 1 Month
  • 08-Nov-23
  • 10534.52
  • 5.35%
  • -
  • 5.33%
  • 105/214
  • 3 Month
  • 08-Sep-23
  • 10414.81
  • 4.15%
  • -
  • 4.76%
  • 107/212
  • 6 Month
  • 08-Jun-23
  • 11207.47
  • 12.07%
  • -
  • 13.56%
  • 130/212
  • 1 Year
  • 08-Dec-22
  • 11518.12
  • 15.18%
  • 15.18%
  • 15.94%
  • 94/212
  • 3 Year
  • 08-Dec-20
  • 15712.86
  • 57.13%
  • 16.26%
  • 16.20%
  • 83/208
  • 5 Year
  • 07-Dec-18
  • 20489.64
  • 104.90%
  • 15.43%
  • 14.19%
  • 51/186
  • Since Inception
  • 29-Jul-15
  • 29878
  • 198.78%
  • 13.98%
  • 12.03%
  • 51/214

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 02-Jan-23
  • 120000
  • 134247.86
  • 11.87%
  • 11.87%
  • 3 Year
  • 01-Jan-21
  • 360000
  • 443540.45
  • 23.21%
  • 7.20%
  • 5 Year
  • 01-Jan-19
  • 600000
  • 896582.47
  • 49.43%
  • 8.36%
  • 10 Year
  • 03-Aug-15
  • 1010000
  • 1915965.53
  • 89.70%
  • 6.61%

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%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    0.44%
  • Beta
    0.67%
  • Sharpe Ratio
    0.07%
  • Treynor’s Ratio
    0.05%
  • Jension’s Alpha
    0.03%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 6.52%
  • 3360779
  • 496.22
  • Equity
  • Banks
  • ICICI Bank
  • 5.27%
  • 4379452
  • 400.87
  • Equity
  • Banks
  • Reliance Industr
  • 4.00%
  • 1329856
  • 304.26
  • Equity
  • Refineries
  • St Bk of India
  • 3.54%
  • 4760875
  • 269.25
  • Equity
  • Banks
  • Infosys
  • 3.47%
  • 1930907
  • 264.23
  • Equity
  • IT - Software
  • Axis Bank
  • 3.13%
  • 2426615
  • 238.26
  • Equity
  • Banks
  • Larsen & Toubro
  • 2.33%
  • 605552
  • 177.37
  • Equity
  • Infrastructure Developers & Operators
  • ITC
  • 2.07%
  • 3672256
  • 157.32
  • Equity
  • Tobacco Products
  • NTPC
  • 1.93%
  • 6236000
  • 147.04
  • Equity
  • Power Generation & Distribution
  • TCS
  • 1.88%
  • 424253
  • 142.92
  • Equity
  • IT - Software

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Mirae Asset Hybrid - Equity Fund - Direct (G)
  • 7611.06
  • 5.35%
  • 4.15%
  • 12.07%
  • 15.18%
  • 16.26%
  • Bank of India Mid & Small Cap Equity & Debt Fund-Dir (G)
  • 492.5
  • 7.30%
  • 9.07%
  • 26.58%
  • 30.18%
  • 27.20%
  • Bank of India Mid & Small Cap Equity & Debt Fund-D(IDCW)
  • 492.5
  • 7.32%
  • 9.09%
  • 26.57%
  • 30.18%
  • 27.13%
  • JM Aggressive Hybrid Fund - Direct (IDCW-Q)
  • 93.18
  • 6.59%
  • 7.81%
  • 24.60%
  • 29.32%
  • 22.33%
  • JM Aggressive Hybrid Fund - Direct (IDCW)
  • 93.18
  • 6.59%
  • 7.81%
  • 24.60%
  • 29.32%
  • 22.33%
  • JM Aggressive Hybrid Fund - Direct (IDCW-M)
  • 93.18
  • 6.59%
  • 7.81%
  • 24.60%
  • 29.32%
  • 22.33%

News

  • Mirae Asset MF Announces change in scheme name under its schemes Mirae Asset Mutual Fund has announced the change in the names of its below mentioned funds, with effect from December 15, 2023 as follows:

    Change in Scheme name:

    Existing Scheme name(s) Revised Scheme name(s)
    Mirae Asset Emerging Bluechip Fund Mirae Asset Large & Midcap Fund
    Mirae Asset Short Term Fund Mirae Asset Short Duration Fund
    Mirae Asset Tax Saver Fund Mirae Asset ELSS Tax Saver Fund
    Mirae Asset Cash Management Fund Mirae Asset Liquid Fund
    Mirae Asset Hybrid-Equity Fund Mirae Asset Aggressive Hybrid Fund
    Mirae Asset Banking and PSU Debt Fund Mirae Asset Banking and PSU Fund
    Mirae Asset Savings Fund Mirae Asset Low Duration Fund

    Powered by Capital Market - Live News

  • Mirae Asset Mutual Fund Announces Appointment of Key Personnel Mirae Asset Mutual Fund has announced that, Mr. Swarup Anand Mohanty, Director and Key Personnel of AMC has been appointed as Vice Chairman of the AMC with effect from October 24, 2023.

    Details of Mr. Swarup Anand Mohanty

    Age: 53 years

    Designation: Vice- Chairman and Chief Executive Officer

    Qualification: Post Graduate Diploma in Business Management (PGDBM), B.Com (Hons)

    Powered by Capital Market - Live News

  • Mirae Asset Arbitrage Fund Announces change in Exit Load Structure Mirae Asset Mutual Fund has announced that, there is revision in the exit load structure of Mirae Asset Arbitrage Fund, (An open ended scheme investing in arbitrage opportunities) with effect from November 01, 2023 (?effective date?).

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Revised Exit Load
    Mirae Asset Arbitrage Fund 0.25% if redeemed or switched out within 30 days from the date of allotment, Nil after 30 days 0.25% if redeemed or switched out within 15 days from the date of allotment, Nil after 15 days

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 08-Jul-2015
  • Total AUM (Cr) ₹7611.06

Mirae Asset Hybrid - Equity Fund - Direct (G) is an Aggressive Hybrid Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in Jul 2015, this fund is managed by Harshad Borawake. With assets under management (AUM) worth ₹7611.06 (Cr), as of 08-Dec-2023, Mirae Asset Hybrid - Equity Fund - Direct (G) is categorized as a Aggressive Hybrid Fund within its segment. The fund has generated a return of 13.98% since its launch.
The current NAV of Mirae Asset Hybrid - Equity Fund - Direct (G) is ₹29.88, as on 08-Dec-2023. The fund’s benchmark index is CRISIL Hybrid 35+65 - Aggressive Index. You can invest in Mirae Asset Hybrid - Equity Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1000 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.
The fund has generated 16.26% and 15.43% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 71.73% in Equity, 27.91% in Debt and 0.37% in cash and cash equivalents
The top 5 sectors the fund invests in are: 28.73% in Debt, 19.55% in Banks, 7.08% in IT-Software, 4.24% in Petroleum Products and 3.61% in Pharmaceuticals & Biotechnology.

FAQs on Mirae Asset Hybrid - Equity Fund - Direct (G)

Mirae Asset Hybrid - Equity Fund - Direct (G) is a popular fund in the Aggressive Hybrid Fund segment. The fund has generated a return of 13.98% since inception. Looking to invest in Mirae Asset Hybrid - Equity Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Hybrid - Equity Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Mirae Asset Hybrid - Equity Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Hybrid - Equity Fund - Direct (G) today and reap the benefits of this Aggressive Hybrid Fund fund!

In the short term, i.e., 1 year, Mirae Asset Hybrid - Equity Fund - Direct (G) has generated annualised return of 15.18%. In the long-term, the fund has generated 16.26% and 15.43% in 3 and 5 years respectively. Since its inception, the fund has generated 13.98% returns.

The expense ratio of Mirae Asset Hybrid - Equity Fund - Direct (G) Direct Growth is 0.4%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Mirae Asset Hybrid - Equity Fund - Direct (G) is ₹7611.06 (Cr) as of 08 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Mirae Asset Hybrid - Equity Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset Hybrid - Equity Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Mirae Asset Hybrid - Equity Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Mirae Asset Hybrid - Equity Fund - Direct (G). Minimum lumpsum investment Mirae Asset Hybrid - Equity Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Mirae Asset Hybrid - Equity Fund - Direct (G) is ₹29.88 as on 08 December 2023.

The 5 biggest stock holdings of Mirae Asset Hybrid - Equity Fund - Direct (G) are:
HDFC Bank (6.52%), ICICI Bank (5.27%), Reliance Industr (4.00%), St Bk of India (3.54%), Infosys (3.47%)

A majority of Mirae Asset Hybrid - Equity Fund - Direct (G) 's AUM worth ₹7611.06 (Cr) is invested in these 3 top sectors:

  • Debt: 28.73%
  • Banks: 19.55%
  • IT-Software: 7.08%

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