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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹14.974 ↓ -0.07   (-0.43 %) as on 21 Jun 19

(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 10.9% since its launch.  Return for 2018 was 1.3% , 2017 was 27.8% and 2016 was 8.5% .

Below is the key information for Mirae Asset Hybrid Equity Fund

NAV as on 21 Jun 19₹14.974 ↓ -0.07   (-0.43 %)
Net Assets (AUM) as on 30 Apr 2019 ₹1,843 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio2.07
Expense Ratio2.48 %
Sharpe Ratio0.522
Information Ratio0.79
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 21 Jun 19

DurationReturns
1 Month 1.9%
3 Month 2.3%
6 Month 7.4%
1 Year 10.5%
3 Year 13.1%
5 Year
10 Year
15 Year
Since launch 10.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 1.3%
2017 27.8%
2016 8.5%
2015
2014
2013
2012
2011
2010

Growth of 10k Over Years

DateValue
31 May 16₹10,211
31 May 17₹12,409
31 May 18₹13,504
31 May 19₹14,985
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash13.92%
Equity70.44%
Debt15.63%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent13.86%
Government11.96%
Corporate3.73%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services26.37%
Consumer Cyclical7.68%
Technology7.24%
Basic Materials5.78%
Energy5.76%
Industrials5.29%
Health Care5.22%
Consumer Defensive5.12%
Utility1.42%
Communication Services0.51%
Mirae Asset Hybrid Equity Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Tri Party Repo
CBLO/Reverse Repo | -
11%₹200 Cr
7.26% Govt Stock 2029
Sovereign Bonds | -
6%₹115 Cr11,601,400
↑ 9,500,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
Banks - Regional - Asia6%₹114 Cr490,794
7.17% Govt Stock 2028
Sovereign Bonds | -
5%₹93 Cr9,500,000
↑ 4,900,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional - Asia4%₹82 Cr2,008,432
↑ 231,073
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
Banks - Regional - Asia4%₹67 Cr875,749
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 15 | RELIANCE
Oil & Gas Refining & Marketing3%₹64 Cr462,725
↓ -42,720
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services3%₹56 Cr248,830
↑ 10,245
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 15 | LT
Engineering & Construction3%₹53 Cr391,936
↑ 66,904
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
Banks - Regional - Asia2%₹43 Cr1,402,580
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 162.4 Yr.
Neelesh Surana29 Jul 153.51 Yr.
Sudhir Kedia1 Apr 171.84 Yr.

Custodians

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

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Mutual FundUnit No.606, Windsor Building Off.,C.S.T Road, Kalina Santacruz E

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
₹14.974
↓ -0.07
7.36 %10.49 %13.12 %-
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹13.012
↓ -0.06
6.29 %9.4 %12.74 %-
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹13.012
↓ -0.06
6.29 %9.4 %12.74 %-
Data as on 21 Jun 19

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