|Min SIP Amount||₹1000|
|NAV||₹17.39 (23 Oct 2020)|
|Fund Started||29 Jul 2015|
|Fund Size||₹3,735 Cr|
|Reliance Industries Ltd.||Energy||Equity||8.3%|
|HDFC Bank Ltd.||Financial||Equity||6.3%|
|ICICI Bank Ltd.||Financial||Equity||4.3%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.1%|
|Axis Bank Ltd.||Financial||Equity||3.3%|
|State Bank of India||Financial||Equity||2.5%|
|Larsen & Toubro Ltd.||Construction||Equity||2.5%|
Mirae Asset Hybrid Equity Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,735 Cr and the Latest NAV as of 23 Oct 2020 is ₹17.39.
The Mirae Asset Hybrid Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
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.
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.