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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹18.971 ↓ -0.07  (-0.37 %) as on 14 May 21

(Erstwhile Mirae Asset Prudence Fund)

Scheme Objective

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

Mirae Asset Hybrid Equity Fund is a Hybrid - Hybrid Equity fund launched on 29 Jul 15. It is a fund with Moderately High risk and has given a CAGR return of 11.7% since its launch.  Return for 2020 was 13.7% , 2019 was 11.9% and 2018 was 1.3% .

Below is the key information for Mirae Asset Hybrid Equity Fund

NAV as on 14 May 21₹18.971 ↓ -0.07  (-0.37 %)
Net Assets (AUM) as on 31 Mar 2021 ₹4,829 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio-3.37
Expense Ratio1.81 %
Sharpe Ratio2.818
Information Ratio-0.08
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 May 21

DurationReturns
1 Month 2.2%
3 Month -1.1%
6 Month 13.7%
1 Year 45.1%
3 Year 11.6%
5 Year 13.7%
10 Year
15 Year
Since launch 11.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2020 13.7%
2019 11.9%
2018 1.3%
2017 27.8%
2016 8.5%
2015
2014
2013
2012

Growth of 10k Over Years

DateValue
30 Apr 16₹10,000
30 Apr 17₹12,233
30 Apr 18₹13,708
30 Apr 19₹14,910
30 Apr 20₹13,787
30 Apr 21₹18,952
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash10.06%
Equity77.81%
Debt12.13%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Government9.11%
Cash Equivalent8.03%
Corporate5.04%
RatingValue
AA8.88%
AAA91.12%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services29.4%
Technology10.17%
Consumer Cyclical7.65%
Health Care6.08%
Energy5.79%
Basic Materials4.87%
Consumer Defensive4.75%
Industrials4.64%
Communication Services2.12%
Utility1.26%
Mirae Asset Hybrid Equity Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
Banks - Regional7%₹340 Cr2,275,078
↓ -25,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional6%₹271 Cr4,656,452
↓ -13,980
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services5%₹257 Cr1,875,407
↓ -40,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
Banks - Regional4%₹185 Cr2,656,358
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services4%₹184 Cr578,426
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 15 | RELIANCE
Oil & Gas Refining & Marketing4%₹172 Cr860,955
↓ -20,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
Banks - Regional3%₹152 Cr4,173,236
6.18% Govt Stock 2024
Sovereign Bonds | -
3%₹134 Cr13,000,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFC
Mortgage Finance2%₹111 Cr446,280
↑ 20,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 15 | MARUTI
Auto Manufacturers2%₹106 Cr155,115
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 164.65 Yr.
Vrijesh Kasera1 Apr 201.08 Yr.
Harshad Borawake1 Apr 201.08 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Investment Managers (India) Private LimitedIndia

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Hybrid Equity Fund
Growth
₹18.971
↓ -0.07
13.65 %45.07 %11.6 %13.74 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹14.288
↓ -0.05
12.83 %44.02 %10.6 %13.12 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹14.288
↓ -0.05
12.83 %44.02 %10.6 %13.12 %
Data as on 14 May 21

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.