Fund Details
Mirae Asset Hybrid Equity Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.86% |
| NAV | ₹18.21 (25 Jan 2021) |
|---|---|
| Fund Started | 29 Jul 2015 |
| Fund Size | ₹4,379 Cr |
Fund Overview
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. Risk-adjusted returns are lower compared to the category
7. Higher expense ratio - 1.88%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.8% |
| Reliance Industries Ltd. | Energy | Equity | 6.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.9% |
| Infosys Ltd. | Technology | Equity | 5.2% |
| Axis Bank Ltd. | Financial | Equity | 4.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.0% |
| State Bank of India | Financial | Equity | 3.2% |
| Mirae Asset Nifty 50 ETF Regular - Growth | Financial | Mutual Fund | 2.7% |
| GOI | Sovereign | GOI Sec | 2.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.4% |
Fund Managers
Mirae Asset Hybrid Equity Fund Regular Growth Details
Mirae Asset Hybrid Equity Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,379 Cr and the Latest NAV as of 25 Jan 2021 is ₹18.21.
The Mirae Asset Hybrid Equity Fund Regular 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
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.
