Mirae Asset Aggressive Hybrid Fund Direct Growth

Hybrid
Aggressive Hybrid
Very High Risk
14.05%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 11 Dec 2024₹36.61
Min. SIP amount₹99
Rating3
Fund size₹9,481.01Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Aggressive Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns22.3%14.1%17.2%14.8%
Category average23.5%14.3%17.1%NA
Rank with in category282522NA
Understand terms

Peer Comparison

Holdings (151)

NameSectorInstrumentAssets
FinancialEquity5.73%
GOI
SovereignGOI Sec4.56%
FinancialEquity4.15%
TechnologyEquity3.76%
FinancialEquity3.31%
EnergyEquity2.97%
EnergyEquity2.64%
CommunicationEquity2.55%
FinancialEquity2.48%
ConstructionEquity2.15%
TechnologyEquity1.83%
FinancialEquity1.73%
HealthcareEquity1.61%
HealthcareEquity1.60%
ConstructionEquity1.44%
ConstructionREITs1.43%
Capital GoodsEquity1.42%
Consumer StaplesEquity1.31%
ServicesEquity1.31%
AutomobileEquity1.26%
Indian Railway Finance Corporation Ltd.
FinancialDebenture1.23%
AutomobileEquity1.18%
ConstructionEquity1.12%
ConstructionREITs1.09%
EnergyEquity1.06%
Consumer StaplesEquity1.03%
Metals & MiningEquity0.93%
ServicesEquity0.91%
AutomobileEquity0.90%
FinancialEquity0.88%
National Bank For Agriculture & Rural Development
FinancialDebenture0.86%
ServicesEquity0.83%
Capital GoodsEquity0.75%
FinancialEquity0.75%
Capital GoodsEquity0.75%
Consumer StaplesEquity0.74%
AutomobileEquity0.74%
HealthcareEquity0.74%
LIC Housing Finance Ltd.
FinancialDebenture0.72%
EnergyEquity0.72%
Consumer DiscretionaryEquity0.72%
EnergyEquity0.70%
TechnologyEquity0.68%
FinancialEquity0.68%
HealthcareEquity0.66%
HealthcareEquity0.65%
HealthcareEquity0.65%
ServicesEquity0.64%
Consumer StaplesEquity0.63%
GOI
SovereignGOI Sec0.62%
InsuranceEquity0.62%
TextilesEquity0.60%
TechnologyEquity0.59%
Metals & MiningEquity0.59%
SovereignGOI Sec0.57%
InsuranceEquity0.56%
Metals & MiningEquity0.52%
DiversifiedEquity0.51%
ChemicalsEquity0.50%
EnergyEquity0.49%
CommunicationEquity0.49%
Consumer DiscretionaryEquity0.46%
ServicesEquity0.45%
REC Ltd.
FinancialDebenture0.44%
Small Industries Devp. Bank of India Ltd.
FinancialBonds/NCD0.44%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.44%
FinancialEquity0.42%
FinancialEquity0.42%
ServicesEquity0.39%
AutomobileEquity0.39%
Consumer DiscretionaryEquity0.39%
AutomobileEquity0.38%
SovereignGOI Sec0.38%
EnergyEquity0.37%
FinancialNCD0.36%
FinancialNCD0.33%
ServicesEquity0.33%
Northern ARC Capital Ltd.
FinancialDebenture0.33%
National Bank For Agriculture & Rural Development
FinancialDebenture0.30%
Meghalaya State
OthersSDL0.28%
REC Ltd.
FinancialDebenture0.28%
REC Ltd.
FinancialBonds0.28%
REC Ltd.
FinancialNCD0.28%
ServicesEquity0.28%
National Bank For Agriculture & Rural Development
FinancialDebenture0.28%
Small Industries Devp. Bank of India Ltd.
FinancialNCD0.28%
HDFC Bank Ltd.
FinancialDebenture0.28%
GOI
SovereignGOI Sec0.28%
Small Industries Devp. Bank of India Ltd.
FinancialBonds0.28%
NA
NAEquity0.27%
IIFL Finance Ltd.
FinancialCP0.27%
Indostar Capital Finance Ltd.
FinancialCP0.27%
FinancialDebenture0.27%
FinancialEquity0.25%
National Bank For Financing Infrastructure And Development
FinancialDebenture0.25%
FinancialEquity0.25%
Indian Railway Finance Corporation Ltd.
FinancialNCD0.25%
SovereignGOI Sec0.24%
FinancialDebenture0.23%
Aditya Birla Renewables Ltd.
EnergyBonds/NCD0.22%
Power Finance Corporation Ltd.
FinancialNCD0.22%
SovereignGOI Sec0.22%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.22%
Indostar Capital Finance Ltd.
FinancialCP0.22%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.22%
Power Finance Corporation Ltd.
FinancialNCD0.21%
FinancialDebenture0.21%
LIC Housing Finance Ltd.
FinancialDebenture0.19%
HDFC Bank Ltd.
FinancialDebenture0.19%
SovereignGOI Sec0.17%
Muthoot Finance Ltd.
FinancialDebenture0.17%
FinancialDebenture0.17%
Union Bank of India
FinancialCD0.16%
ICICI Bank Ltd.
FinancialCD0.16%
FinancialDebenture0.15%
Metals & MiningEquity0.15%
Capital GoodsDebenture0.15%
360 ONE Wealth Ltd.
FinancialDebenture0.14%
360 ONE Wealth Ltd.
FinancialDebenture0.14%
Telangana State
FinancialSDL0.12%
Rajasthan State
OthersSDL0.11%
LIC Housing Finance Ltd.
FinancialDebenture0.11%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.11%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.11%
LIC Housing Finance Ltd.
FinancialDebenture0.11%
ICICI Securities Ltd.
FinancialCP0.11%
SovereignGOI Sec0.11%
Muthoot Finance Ltd.
FinancialNCD0.09%
Capital GoodsEquity0.07%
National Bank For Agriculture & Rural Development
FinancialDebenture0.07%
FinancialDebenture0.06%
LIC Housing Finance Ltd.
FinancialBonds0.06%
LIC Housing Finance Ltd.
FinancialBonds/Deb0.06%
Bajaj Finance Ltd.
FinancialDebenture0.06%
FinancialDebenture0.05%
Consumer StaplesEquity0.05%
Karnataka State
OthersSDL0.04%
IDFC First Bank Ltd.
FinancialDebenture0.04%
IDFC First Bank Ltd.
FinancialDebenture0.04%
REC Ltd.
FinancialBonds0.03%
Punjab State
OthersSDL0.03%
FinancialDebenture0.03%
TextilesEquity0.02%
EnergyDebenture0.02%
Consumer StaplesEquity0.02%
Andhra Pradesh State
FinancialSDL0.01%
FinancialDebenture0.01%
Consumer DiscretionaryEquity0.00%
HealthcareEquity0.00%
AutomobileEquity0.00%
Consumer StaplesEquity0.00%
See All

Pros and cons

Category: Hybrid Aggressive Hybrid

Pros

5Y annualised returns higher than category average by 0.13%
Higher alpha: 2.26 The fund has generated returns higher than benchmark - CRISIL Hybrid 35+65 Aggressive Index - in the last 3Y
Lower expense ratio: 0.4%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Consistently lower annualised returns than category average for the past 1Y and 3Y

Expense ratio, exit load and tax

Expense ratio: 0.40%

Inclusive of GST

Exit load

Exit load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹99

Fund management

Harshad Borawake
Apr 2020 - Present
View details

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.
Also manages these schemes

Vrijesh Kasera
Apr 2020 - Present
View details

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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