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Mirae Asset Hybrid Equity Fund - Regular Plan

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Hybrid: Aggressive Hybrid

1 Lakh

Investment Grown to
₹ 1.44 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.16 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 11.06 2.06 6.93 11.84 12.80 -- --
VR Balanced TRI 11.73 1.73 7.83 12.51 13.53 -- --
Hybrid: Aggressive Hybrid 7.08 1.16 6.27 7.88 8.90 -- --
Rank within category 9 6 16 9 2 -- --
Number of funds in category 39 43 43 38 31 25 21

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 8.34 (29-Feb-2016 - 30-Mar-2016) -8.80 (07-Sep-2018 - 09-Oct-2018)
Quarter 14.31 (26-Feb-2016 - 27-May-2016) -9.28 (26-Nov-2015 - 25-Feb-2016)
Year 31.10 (26-Dec-2016 - 26-Dec-2017) -3.66 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.30 9.25 0.71 1.13 0.87 0.07
VR Balanced TRI 13.17 10.29 0.72 1.14 -- --
Hybrid: Aggressive Hybrid 8.91 10.08 0.32 0.52 0.86 -3.23
Rank within category 2 8 1 1 21 1
Number of funds in category 32 32 32 32 32 32

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Holdings (%) 39.32
Top 5 Holdings (%) 24.86
Top 3 Sectors (%) 44.51
Portfolio P/B Ratio 2.57
Portfolio P/E Ratio 20.86

Value Research Equity Fund Style

Value Research Debt Fund Style*

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.45% GOI 2029 GOI Securities SOV 0.00 - 4.16 4.16
equal SBI Cards & Payments Services 245-D 27/12/2019 Commercial Paper A1+ 0.00 - 2.12 1.66
new Godrej Consumer Products 81-D 31/01/2020 Commercial Paper A1+ 0.00 - 1.65 1.65
new Reliance Jio Infocomm 91-D 10/02/2020 Commercial Paper A1+ 0.00 - 1.65 1.65
new Godrej Properties 91-D 20/02/2020 Commercial Paper A1+ 0.00 - 1.64 1.64
equal Mirae Asset Nifty 50 ETF Reg-G Mutual Fund 0.71 - 1.79 1.25
new National Bank Agr. Rur. Devp 252-D 31/01/2020 Commercial Paper A1+ 0.00 - 0.83 0.83
equal Muthoot Finance 19/04/2023 Bonds/Debentures AA 0.00 - 0.85 0.80
equal 6.57% GOI 2033 GOI Securities SOV 0.00 - 2.78 0.80
equal Mirae Asset Cash Management Direct-Gr Mutual Fund 0.00 - 0.91 0.52
equal 7.70% REC 2027 Non Convertible Debenture AAA 0.33 - 0.65 0.33
equal 8.90% Aadhar Housing Finance 26/03/2021 Debenture AA 0.00 - 0.61 0.32
equal Edelweiss Rural & Corporate Services 15/04/2021 Deep Discount Bonds AA- 0.00 - 0.27 0.25
equal 9.19% Indostar Capital Finance 27/03/2021 Debenture AA- 0.19 - 0.40 0.19
equal 8.05% NTPC 2026 Bonds AAA 0.17 - 0.34 0.17
equal 7.55% REC 26/09/2022 Debenture AAA 0.00 - 0.19 0.17
equal 7.55% REC 26/09/2023 Debenture AAA 0.00 - 0.19 0.17
equal 7.80% LIC Housing Fin. 17/03/2020 Debenture AAA 0.17 - 0.34 0.17
equal 7.45% LIC Housing Fin. 17/10/2022 Debenture AAA 0.17 - 0.33 0.17
equal 7.43% HDB Financial Services 28/09/2020 Debenture AAA 0.10 - 0.20 0.10
equal 7.90% Piramal Enterprises 14/09/2020 Bonds AA 0.10 - 0.20 0.10
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 0.00 - 0.15 0.08
equal 8.92% L&T Finance 2021 Debenture AAA 0.00 - 0.15 0.08
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 0.00 - 0.12 0.07
down 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 12.77 0.04

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 29.57 8.40 5.87 6.42
equal ICICI Bank Financial 67.66 5.36 3.25 5.19
equal Reliance Industries Energy 23.90 4.90 1.88 4.59
equal State Bank of India Financial 29.35 4.51 2.18 4.51
up Larsen & Toubro Construction 19.37 3.76 2.33 3.27
equal Infosys Technology 19.54 4.46 1.86 2.91
up Tata Consultancy Services Technology 23.99 3.57 1.07 2.86
equal Axis Bank Financial 47.71 4.26 0.09 2.80
equal ITC FMCG 21.38 3.50 1.63 2.62
equal Indusind Bank Financial 24.77 3.35 0.37 2.43
equal HDFC Financial 33.50 3.62 0.24 2.23
up HPCL Energy 8.02 2.09 0.49 1.58
equal Power Finance Corp. Financial 4.53 1.55 0.00 1.52
equal Sun Pharmaceutical Inds. Healthcare 24.31 1.75 0.63 1.42
down Tata Steel Metals 5.88 2.87 1.40 1.41
up NTPC Energy 9.75 1.54 0.00 1.40
equal Maruti Suzuki India Automobile 35.88 2.77 1.34 1.34
equal Max Financial Services Financial 77.41 1.29 0.00 1.17
equal Dabur India FMCG 54.09 1.51 0.54 1.06
up Page Industries Textiles 61.98 1.24 0.00 1.02
equal Balkrishna Industries Automobile 23.14 1.01 0.00 0.99
down Grasim Industries Construction 11.87 3.58 0.60 0.98
up Gujarat State Petronet Energy 12.48 0.97 0.00 0.97
equal Voltas Cons Durable 45.68 1.15 0.18 0.95
equal Torrent Pharmaceuticals Healthcare 56.99 1.41 0.09 0.92

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Nov-2019

Fund Manager

— Mahendra Kumar Jajoo since 08-Sep-2016

Education: Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.

Experience: Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.

Funds Managed:

— Neelesh Surana since 08-Jul-2015

Education: Mr. Surana is B.E (Mechanical) and MBA in Finance.

Experience: Prior to joining Mirae AMC he has worked with ASK Investment Managers Pvt Ltd.

Funds Managed:

Invest Online
0.89%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 15.5620

Dividend: ₹ 13.5220

Investment Strategy

The Scheme seeks to generate capital appreciation along with current income from a combined portfolio of equity & equity related instruments and debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 29-Jul-2015
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 3,005 Cr (As on 30-Nov-2019)
Expense: 1.95% (As on 30-Nov-2019)
Risk Grade: Below Average
Return Grade: High
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend19-Feb-20190.7083

 06-Nov-20170.2000
 17-Jul-20170.2500
 17-Apr-20170.2500
 17-Jan-20170.2000

Contact Information

AMC: Mirae Asset Global Investments (India) Pvt.Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Email: [email protected]

Website: www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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