| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.88% |
| NAV | ₹15.24 (14 Aug 2020) |
|---|---|
| Fund Started | 29 Jul 2015 |
| Fund Size | ₹3,645 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.7% |
| HDFC Bank Ltd. | Financial | Equity | 6.5% |
| GOI | Sovereign | GOI Sec | 6.2% |
| ICICI Bank Ltd. | Financial | Equity | 4.1% |
| Infosys Ltd. | Technology | Equity | 3.4% |
| GOI | Sovereign | GOI Sec | 3.3% |
| HDFC Securities Ltd. | Financial | CP | 2.9% |
| Axis Bank Ltd. | Financial | Equity | 2.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.8% |
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
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.
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.