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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹14.232 ↓ 0.08   (0.58 %) as on 23 Aug 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 9.1% 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 23 Aug 19₹14.232 ↓ 0.08   (0.58 %)
Net Assets (AUM) as on 31 Jul 2019 ₹2,297 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio1.32
Expense Ratio2.48 %
Sharpe Ratio0.039
Information Ratio0.45
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 23 Aug 19

DurationReturns
1 Month -3.5%
3 Month -3.3%
6 Month 3%
1 Year -0.8%
3 Year 9%
5 Year
10 Year
15 Year
Since launch 9.1%

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 Jul 15₹10,000
31 Jul 16₹10,894
31 Jul 17₹12,989
31 Jul 18₹13,990
31 Jul 19₹14,459
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash7.76%
Equity74.75%
Debt17.49%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Government14.94%
Cash Equivalent7.75%
Corporate2.56%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services28.09%
Technology7.3%
Consumer Cyclical6.67%
Energy6.58%
Health Care5.91%
Basic Materials5.83%
Consumer Defensive5.77%
Industrials5.46%
Utility2.56%
Communication Services0.57%
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%₹154 Cr684,686
↑ 124,500
Tri Party Repo
CBLO/Reverse Repo | -
5%₹125 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional - Asia5%₹123 Cr2,900,432
↑ 250,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 15 | RELIANCE
Oil & Gas Refining & Marketing5%₹111 Cr952,346
↑ 300,500
6.68% Govt Stock 2031
Sovereign Bonds | -
4%₹99 Cr10,000,000
↑ 9,500,000
7.26% Govt Stock 2029
Sovereign Bonds | -
4%₹84 Cr7,901,400
↓ -9,300,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services4%₹80 Cr364,830
↑ 34,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
Banks - Regional - Asia3%₹79 Cr1,175,749
↑ 160,000
7.17% Govt Stock 2028
Sovereign Bonds | -
3%₹72 Cr7,000,000
↑ 5,000,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 15 | LT
Engineering & Construction3%₹71 Cr511,551
↑ 35,000
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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
₹14.232
↑ 0.08
3.03 %-0.84 %9.03 %-
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹12.367
↑ 0.07
3.06 %-1.81 %8.65 %-
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹12.367
↑ 0.07
3.06 %-1.81 %8.65 %-
Data as on 23 Aug 19

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