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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹18.712 ↓ -0.47  (-2.46 %) as on 26 Feb 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 11.9% 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 26 Feb 21₹18.712 ↓ -0.47  (-2.46 %)
Net Assets (AUM) as on 31 Jan 2021 ₹4,384 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio-3.58
Expense Ratio1.81 %
Sharpe Ratio0.469
Information Ratio-0.55
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 26 Feb 21

DurationReturns
1 Month 2.7%
3 Month 10.6%
6 Month 19.9%
1 Year 21.9%
3 Year 11.1%
5 Year 15.8%
10 Year
15 Year
Since launch 11.9%

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
29 Feb 16₹10,000
28 Feb 17₹12,921
28 Feb 18₹15,067
28 Feb 19₹15,465
29 Feb 20₹16,565
28 Feb 21₹20,807
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash9.81%
Equity77.3%
Debt12.89%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Government10.6%
Cash Equivalent9.81%
Corporate2.3%
RatingValue
AA13.43%
AAA86.57%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services31.3%
Technology10.12%
Energy6.51%
Health Care5.85%
Consumer Defensive5.37%
Industrials5.17%
Consumer Cyclical5.13%
Basic Materials3.61%
Communication Services2.03%
Utility0.86%
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 - Regional8%₹341 Cr2,450,078
↑ 62,000
ICICI Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional6%₹261 Cr4,855,432
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services5%₹223 Cr1,800,407
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
Banks - Regional4%₹190 Cr2,861,358
↓ -130,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services4%₹175 Cr561,200
↓ -54,111
Reliance Industries Ltd Ordinary Shares (Energy)
Equity, Since 31 Jul 15 | RELIANCE
Oil & Gas Refining & Marketing4%₹162 Cr880,955
↓ -629,000
State Bank of India Ordinary Shares (Financial Services)
Equity, Since 31 Jul 15 | SBIN
Banks - Regional3%₹144 Cr5,108,236
6.18% Govt Stock 2024
Sovereign Bonds | -
3%₹135 Cr13,000,000
↑ 3,000,000
Housing Development Finance Corp Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 15 | HDFC
Mortgage Finance2%₹97 Cr406,280
Mirae Asset Nifty 50 ETF (MAN50ETF)
- | MAN50ETF
2%₹91 Cr6,463,789
↓ -1,750,000
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 164.4 Yr.
Vrijesh Kasera1 Apr 200.84 Yr.
Harshad Borawake1 Apr 200.84 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
₹18.712
↓ -0.47
19.86 %21.94 %11.06 %15.81 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹15.3
↓ -0.39
19.86 %21.94 %10.33 %15.35 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹15.3
↓ -0.39
19.86 %21.94 %10.33 %15.35 %
Data as on 26 Feb 21

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