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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹16.904 ↓ -0.01  (-0.06 %) as on 27 Nov 20

(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 10.3% since its launch.  Return for 2019 was 11.9% , 2018 was 1.3% and 2017 was 27.8% .

Below is the key information for Mirae Asset Hybrid Equity Fund

NAV as on 27 Nov 20₹16.904 ↓ -0.01  (-0.06 %)
Net Assets (AUM) as on 31 Oct 2020 ₹3,824 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio-3.36
Expense Ratio1.81 %
Sharpe Ratio0.002
Information Ratio-0.61
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 27 Nov 20

DurationReturns
1 Month 7%
3 Month 8.2%
6 Month 28.3%
1 Year 8.6%
3 Year 7.3%
5 Year 11.4%
10 Year
15 Year
Since launch 10.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 11.9%
2018 1.3%
2017 27.8%
2016 8.5%
2015
2014
2013
2012
2011

Growth of 10k Over Years

DateValue
31 Oct 15₹10,000
31 Oct 16₹11,437
31 Oct 17₹13,648
31 Oct 18₹13,612
31 Oct 19₹15,462
31 Oct 20₹15,754
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash8.43%
Equity78.13%
Debt13.43%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Government10.41%
Cash Equivalent8.43%
Corporate3.02%
RatingValue
AA15.37%
AAA84.63%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services26.37%
Energy10.5%
Technology10.15%
Consumer Defensive7.58%
Health Care6.25%
Industrials5.14%
Consumer Cyclical4.78%
Utility2.51%
Communication Services1.92%
Basic Materials1.74%
Real Estate0.89%
Mirae Asset Hybrid Equity Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 15 | RELIANCE
Oil & Gas Refining & Marketing7%₹286 Cr1,393,955
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
Banks - Regional7%₹260 Cr2,193,078
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services5%₹191 Cr1,800,407
↑ 75,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional5%₹179 Cr4,555,432
↑ 20,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services4%₹164 Cr615,311
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
Banks - Regional3%₹129 Cr2,626,358
↓ -280,000
6.18% Govt Stock 2024
Sovereign Bonds | -
3%₹104 Cr10,000,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
Banks - Regional3%₹97 Cr5,108,236
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 15 | ITC
Tobacco2%₹88 Cr5,315,942
Mirae Asset Nifty 50 ETF (MAN50ETF)
- | MAN50ETF
2%₹85 Cr7,163,789
1 - 10 of 85
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 164.15 Yr.
Neelesh Surana29 Jul 155.27 Yr.
Vrijesh Kasera1 Apr 200.59 Yr.
Harshad Borawake1 Apr 200.59 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
₹16.904
↓ -0.01
28.3 %8.55 %7.35 %11.36 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹13.821
↓ -0.01
28.29 %7.5 %6.64 %10.91 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹13.821
↓ -0.01
28.29 %7.5 %6.64 %10.91 %
Data as on 27 Nov 20

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