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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹22.172 ↓ -0.05  (-0.20 %) as on 24 Sep 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 13.8% 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 24 Sep 21₹22.172 ↓ -0.05  (-0.20 %)
Net Assets (AUM) as on 31 Aug 2021 ₹5,949 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio2.63
Expense Ratio1.7 %
Sharpe Ratio3.069
Information Ratio0.16
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 24 Sep 21

DurationReturns
1 Month 4.7%
3 Month 9.3%
6 Month 19.2%
1 Year 49.9%
3 Year 17.1%
5 Year 14.6%
10 Year
15 Year
Since launch 13.8%

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
31 Aug 16₹10,000
31 Aug 17₹11,708
31 Aug 18₹12,984
31 Aug 19₹12,990
31 Aug 20₹13,844
31 Aug 21₹19,468
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash8.36%
Equity74.72%
Debt16.92%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Government12.33%
Cash Equivalent7.93%
Corporate5.02%
RatingValue
AA9.81%
AAA90.19%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services26.52%
Technology9.45%
Consumer Cyclical8.4%
Basic Materials7.73%
Industrials5.77%
Health Care5.48%
Energy3.86%
Consumer Defensive3.34%
Communication Services1.44%
Utility1.25%
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 - Regional6%₹312 Cr2,190,078
↑ 75,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services5%₹302 Cr1,875,407
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional5%₹297 Cr4,346,452
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
Banks - Regional3%₹184 Cr2,591,358
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services3%₹183 Cr578,426
5.63% Govt Stock 2026
Sovereign Bonds | -
3%₹177 Cr17,750,000
↓ -750,000
6.18% Govt Stock 2024
Sovereign Bonds | -
3%₹150 Cr14,500,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
Banks - Regional2%₹138 Cr3,184,945
6.64% Govt Stock 2035
Sovereign Bonds | -
2%₹123 Cr12,500,000
↓ -250,000
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL
Steel2%₹123 Cr854,559
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 164.9 Yr.
Vrijesh Kasera1 Apr 201.33 Yr.
Harshad Borawake1 Apr 201.33 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
₹22.172
↓ -0.05
19.17 %49.91 %17.1 %14.57 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹16.699
↓ -0.03
19.17 %48.82 %16.06 %13.94 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹16.699
↓ -0.03
19.17 %48.82 %16.06 %13.94 %
Data as on 24 Sep 21

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