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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹14.877 ↓ -0.06   (-0.40 %) as on 18 Apr 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 11.3% 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 18 Apr 19₹14.877 ↓ -0.06   (-0.40 %)
Net Assets (AUM) as on 28 Feb 2019 ₹1,495 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio-0.42
Expense Ratio2.48 %
Sharpe Ratio-0.021
Information Ratio0.82
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 18 Apr 19

DurationReturns
1 Month 1.7%
3 Month 6.6%
6 Month 11.2%
1 Year 10.4%
3 Year 14.2%
5 Year
10 Year
15 Year
Since launch 11.3%

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 Mar 16₹9,719
31 Mar 17₹11,953
31 Mar 18₹13,047
31 Mar 19₹14,680
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash15.43%
Equity73.95%
Debt10.62%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent15.38%
Government6.52%
Corporate4.15%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services27.2%
Consumer Cyclical8.16%
Technology7.49%
Basic Materials6.58%
Energy6.43%
Consumer Defensive5.42%
Industrials5.36%
Health Care5.14%
Utility1.59%
Communication Services0.59%
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 - Regional - Asia7%₹114 Cr490,794
↑ 12,000
BANK OF BARODA
Certificate of Deposit | -
4%₹74 Cr7,500,000
↑ 7,500,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional - Asia4%₹71 Cr1,777,359
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 15 | RELIANCE
Oil & Gas Refining & Marketing4%₹69 Cr505,445
↓ -33,269
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
Banks - Regional - Asia4%₹68 Cr875,749
GIC HOUSING FINANCE LIMITED
Commercial Paper | -
3%₹50 Cr5,000,000
↑ 5,000,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services3%₹48 Cr238,585
7.17% Govt Stock 2028
Sovereign Bonds | -
3%₹45 Cr4,600,000
↓ -6,650,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 15 | LT
Engineering & Construction3%₹45 Cr325,032
↑ 8,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
Banks - Regional - Asia3%₹45 Cr1,402,580
1 - 10 of 93
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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
₹14.877
↓ -0.06
11.19 %10.39 %14.21 %-
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹12.927
↓ -0.05
10.08 %9.29 %13.82 %-
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹12.927
↓ -0.05
10.08 %9.29 %13.82 %-
Data as on 18 Apr 19

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