Fund Details
Mirae Asset Hybrid Equity Fund Direct Dividend
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.38% |
| NAV | ₹17.92 (02 Mar 2021) |
|---|---|
| Fund Started | 29 Jul 2015 |
| Fund Size | ₹4,384 Cr |
Returns
Comparison
1. Lower expense ratio - 0.37%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.9% |
| Infosys Ltd. | Technology | Equity | 5.1% |
| Axis Bank Ltd. | Financial | Equity | 4.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.0% |
| Reliance Industries Ltd. | Energy | Equity | 3.7% |
| State Bank of India | Financial | Equity | 3.3% |
| GOI | Sovereign | GOI Sec | 3.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.2% |
| Mirae Asset Nifty 50 ETF Regular - Growth | Financial | Mutual Fund | 2.1% |
Fund Managers
Mirae Asset Hybrid Equity Fund Direct Dividend Details
Mirae Asset Hybrid Equity Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 29 Jul 2015. Mahendra Jajoo, Neelesh Surana, Sudhir Kedia is the Current Fund Manager of Mirae Asset Hybrid Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,384 Cr and the Latest NAV as of 02 Mar 2021 is ₹17.92.
The Mirae Asset Hybrid Equity Fund Direct Dividend is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
Investment Objective
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.
Tax Implications
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.
