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4 star

Mirae Asset Hybrid Equity Fund - Regular Plan download report


1 Lakh

Investment Grown to
₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.24 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of 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 sharp ups and downs.

Like for 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 fund 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Mirae Asset Hybrid Equity Reg-G -8.39 -0.28 2.07 -2.24 -6.37 -7.86 -0.59 10.22 10.18 -- --
VR Balanced TRI -7.29 -0.28 2.18 -2.71 -7.35 -6.63 1.63 10.48 10.99 -- --
Hybrid: Aggressive Hybrid -8.85 -0.25 2.13 -2.06 -6.78 -8.24 0.29 10.08 8.70 -- --
Rank within category 25 27 23 35 21 26 24 15 8 -- --
Number of funds in category 47 47 47 47 47 47 47 41 31 24 22

As on 29-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
4 star
Jul-15 -0.59 10.22 10.18 1.81% 6,545
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 1.45 10.82 10.62 1.50% 50,266
ICICI Prudential Equity & Debt Fund  | Invest Now
5 star
Nov-99 15.04 16.14 12.80 1.80% 19,096
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 -0.95 11.49 10.44 1.87% 7,593
DSP Equity & Bond Fund
4 star
May-99 -5.64 10.23 8.91 1.85% 7,138

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.03 24-Mar-2020 - 31-Mar-2020 -13.08 16-Mar-2020 - 23-Mar-2020
Month 17.28 23-Mar-2020 - 22-Apr-2020 -28.32 20-Feb-2020 - 23-Mar-2020
Quarter 26.76 23-Mar-2020 - 22-Jun-2020 -28.16 23-Dec-2019 - 23-Mar-2020
Year 67.54 23-Mar-2020 - 23-Mar-2021 -22.89 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Mirae Asset Hybrid Equity Reg-G 12.27 15.96 0.55 0.63 0.87 0.60
VR Balanced TRI 12.85 17.98 0.52 0.62 -- --
Hybrid: Aggressive Hybrid 11.97 16.87 0.50 0.54 0.89 0.15
Rank within category 17 11 10 10 17 14
Number of funds in category 42 42 42 42 42 42

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

As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 68
Top 10 Holdings (%) 36.22
Top 5 Holdings (%) 23.29
Top 3 Sectors (%) 40.50
Portfolio P/B Ratio 3.06
Portfolio P/E Ratio 19.66
Avg Credit Rating AAA

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
equal 5.63% GOI 2026 GOI Securities SOV 2.98 - 3.68 3.05
equal 6.18% GOI 2024 GOI Securities SOV 2.19 - 2.79 2.19
new Reserve Bank of India 91-D 11/08/2022 Treasury Bills SOV 0.00 - 1.51 1.51
new Reserve Bank of India 182-D 24/11/2022 Treasury Bills SOV 0.00 - 1.41 1.41
equal 8.25% IIFL Finance 14/10/2023 Debenture AA 0.00 - 0.96 0.90
up 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 0.86 0.86
equal IGH Holdings 91-D 15/06/2022 Commercial Paper A1+ 0.00 - 0.76 0.76
equal Sundaram Home Finance 175-D 29/07/2022 Commercial Paper A1+ 0.00 - 0.77 0.76
equal 7.10% Muthoot Finance 20/06/2024 Non Convertible Debenture AA+ 0.00 - 0.90 0.76
equal 5.74% REC 20/06/2024 Debenture AAA 0.75 - 0.94 0.75
equal 5.27% National Bank Agr. Rur. Devp 29/04/2024 Debenture AAA 0.00 - 0.89 0.74
equal 6.64% GOI 16/06/2035 GOI Securities SOV 0.70 - 2.37 0.70
down 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 0.73 0.69
equal 6.15% L&T Finance 17/05/2023 Debenture AAA 0.68 - 0.85 0.68
equal 6.22% GOI 16/03/2035 GOI Securities SOV 0.68 - 0.89 0.68
equal 6.10% GOI 2031 GOI Securities SOV 0.00 - 1.36 0.63
equal 5.53% National Bank Agr. Rur. Devp 22/02/2024 Non Convertible Debenture AAA 0.00 - 0.72 0.60
equal 6.40% Jamnagar Utilities and Power 29/09/2026 Non Convertible Debenture AAA 0.00 - 0.56 0.51
equal Muthoot Finance 19/04/2023 Bonds/Debentures AA+ 0.42 - 0.53 0.42
equal 9.75% Muthoot Finance 27/02/2023 Debenture AA+ 0.39 - 0.49 0.39
equal Reserve Bank of India 182-D 21/07/2022 Treasury Bills SOV 0.00 - 0.38 0.38
equal Reserve Bank of India 364-D 02/11/2022 Treasury Bills SOV 0.00 - 0.38 0.37
equal Tata Motors Finance 364-D 21/12/2022 Commercial Paper A1+ 0.00 - 0.37 0.37
new Tata Motors Finance 338-D 28/04/2023 Commercial Paper A1+ 0.00 - 0.36 0.36
equal National Bank Agr. Rur. Devp 175-D 30/08/2022 Commercial Paper A1+ 0.00 - 0.23 0.23

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
equal ICICI Bank Financial 19.67 5.95 3.88 5.51
up HDFC Bank Financial 19.73 7.83 4.79 5.09
up Infosys Technology 27.88 5.78 2.35 5.04
equal Reliance Industries Energy 29.04 8.34 0.59 4.49
equal Axis Bank Financial 13.84 4.33 2.80 3.16
equal State Bank of India Financial 11.75 4.51 2.28 2.98
equal Tata Consultancy Services Technology 31.41 4.29 2.58 2.58
up Larsen & Toubro Construction 25.35 3.75 1.87 2.12
equal HDFC Financial 17.49 2.47 1.59 2.07
up Bharti Airtel Communication 94.64 2.18 0.06 1.59
equal Sun Pharmaceutical Industries Healthcare 60.66 1.65 0.81 1.50
down Maruti Suzuki India Automobile 66.51 2.26 1.14 1.38
up Tata Steel Metals & Mining 2.65 2.82 0.45 1.29
equal SBI Life Insurance Company Insurance 71.99 1.64 0.00 1.21
equal Tata Motors Automobile -- 1.27 0.00 1.19
up Havells India Capital Goods 57.91 1.11 0.03 0.98
down Ambuja Cements Materials 29.06 1.88 0.00 0.98
equal Gujarat State Petronet Energy 7.47 1.25 0.78 0.95
equal Bharat Forge Automobile 27.91 0.94 0.00 0.94
up Krishna Institute Of Medical Sciences Healthcare 28.47 0.97 0.00 0.93
up SBI Cards & Payments Services Financial 44.62 1.07 0.00 0.92
equal Bata India Consumer Discretionary 208.76 0.93 0.00 0.91
equal Max Financial Services Financial 106.30 1.59 0.52 0.89
equal Craftsman Automation Automobile 28.85 0.93 0.00 0.89
down ITC Consumer Staples 22.14 3.16 0.78 0.83

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 31-May-2022

Fund Manager

— Harshad Borawake since 01-Apr-2020

Education: Mr. Borawake is MBA(Finance) & B.E.(Polymers)

Experience: Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.

Funds Managed:

— Vrijesh Kasera since 01-Apr-2020

Education: Mr. Kasera is a MBA (Finance), CFA (ICFAI).

Experience: Prior to joining Mirae Asset Mutual Fund, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.

Funds Managed:

— 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:


-0.28%

Change from previous, NAV as on 29-Jun-2022

Growth: ₹ 20.2120

IDCW: ₹ 14.0530


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 5
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 29-Jul-2015
Return Since Launch: 10.70%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 6,545 Cr (As on 31-May-2022)
Expense: 1.81% (As on 31-May-2022)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 58.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-Mar-20221.2500

 23-Mar-20211.2000
 16-Dec-20190.7083
 19-Feb-20190.7083
 06-Nov-20170.2000
 17-Jul-20170.2500
 17-Apr-20170.2500
 17-Jan-20170.2000

Contact Information

AMC: Mirae Asset Investment Managers (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

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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