1M
6M
1Y
3Y
5Y
All
| NAV: 25 Apr 2024 | ₹32.36 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹8,400.93Cr |
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
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 27.8% | 16.7% | 15.5% | 14.4% |
| Category average | 32.1% | 16.9% | 14.6% | NA |
| Rank with in category | 34 | 26 | 15 | NA |
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Holdings (141)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 5.89% |
ICICI Bank Ltd. | Financial | Equity | 4.84% |
State Bank of India | Financial | Equity | 4.26% |
Reliance Industries Ltd. | Energy | Equity | 4.24% |
Infosys Ltd. | Technology | Equity | 3.44% |
Axis Bank Ltd. | Financial | Equity | 3.12% |
Larsen & Toubro Ltd. | Construction | Equity | 2.82% |
NTPC Ltd. | Energy | Equity | 2.49% |
GOI | Sovereign | GOI Sec | 1.97% |
Bharti Airtel Ltd. | Communication | Equity | 1.90% |
See All
Pros and cons
Category: Hybrid Aggressive Hybrid
Pros
Cons
5Y annualised returns higher than category average by 0.89%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Higher alpha: 2.25
The fund has generated returns higher than benchmark - CRISIL Hybrid 35+65 Aggressive Index - in the last 3Y
Lower expense ratio: 0.39%
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: 0.39%
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.
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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
Mahendra Kumar JajooSep 2016 - PresentView details
Mahendra Kumar Jajoo
Sep 2016 - Present
View details
Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Also manages these schemes
Harshad BorawakeApr 2020 - PresentView details
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 KaseraApr 2020 - PresentView details
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
NAWebsite
www.miraeassetmf.co.in
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,
Email
[email protected]Website
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