Mirae Asset Hybrid Equity Fund Regular Growth-0.92%

4
5.90%
1 Year Return
Hybrid
Aggressive
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Mirae Asset Hybrid Equity Fund Regular Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.88%
NAV15.24 (14 Aug 2020)
Fund Started29 Jul 2015
Fund Size3,645 Cr

Fund Overview

Quick overview of Mirae Asset Hybrid Equity Fund Regular Growth

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Hybrid Equity Fund Regular Growth
5.9%
5.7%
8.5%
8.7%
Category Average
3.9%
3.1%
5.6%
-
Rank within category
15
5
1
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.9% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    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

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity6.7%
    HDFC Bank Ltd.FinancialEquity6.5%
    GOISovereignGOI Sec6.2%
    ICICI Bank Ltd.FinancialEquity4.1%
    Infosys Ltd.TechnologyEquity3.4%
    GOISovereignGOI Sec3.3%
    HDFC Securities Ltd.FinancialCP2.9%
    Axis Bank Ltd.FinancialEquity2.9%
    Tata Consultancy Services Ltd.TechnologyEquity2.8%
    Larsen & Toubro Ltd.ConstructionEquity2.8%
    See All

    Fund Managers

    addMahendra Kumar Jajoo
    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.
    Funds Managed

    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 ₹3,645 Cr and the Latest NAV as of 14 Aug 2020 is ₹15.24.

    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 investment objective of the Scheme is to generate capital appreciation along with current income from a combined portfolio of equity & equity related instruments and debt and money market instruments. The Scheme does not guarantee or assure any returns.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    30 Nov 2007
    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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