Mirae Asset Aggressive Hybrid Fund Direct IDCW

Hybrid
Aggressive Hybrid
Very High Risk
Payout
15.34%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 May 2024₹20.36
Min. SIP amount₹500
Rating3
Fund size₹8,545.85Cr

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 returns27.2%15.3%15.7%14.5%
Category average31.6%16.0%14.8%NA
Rank with in category363117NA
Understand terms

Holdings (145)

NameSectorInstrumentAssets
FinancialEquity6.08%
FinancialEquity4.79%
EnergyEquity3.93%
FinancialEquity3.75%
TechnologyEquity3.21%
ConstructionEquity2.52%
FinancialEquity2.50%
EnergyEquity2.48%
CommunicationEquity1.95%
GOI
SovereignGOI Sec1.75%
See All

Pros and cons

Category: Hybrid Aggressive Hybrid

Pros

Cons

5Y annualised returns higher than category average by 0.87%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Higher alpha: 2.51 The fund has generated returns higher than benchmark - CRISIL Hybrid 35+65 Aggressive Index - in the last 3Y
Lower expense ratio: 0.37%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.37%

Inclusive of GST

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

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

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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