The fund concluded 2023 on a less-than-favourable note. It underperformed in each quarter, and nearly half of this underperformance occurred in the last quarter. While it isn't exactly off to a great start in 2024 either, it is only marginally behind its peers. On a five-year rolling returns basis, Mirae Asset Aggressive Hybrid Fund's outperformance margin has narrowed, but it continues to stay ahead of its peers. Reasons for performance Notably, financials and consumer staples were the sore spots for the fund in the last six months. Within financials, HDFC Bank, ICICI Bank and Axis Bank were the biggest woes. ITC was the biggest laggard in the consumer staples sector. Craftsman Automation, a winner six months back, reversed course and ended up in the loser's bunch this time. On a positive note, SBI and Shriram Finance have been bright spots within
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