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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹20.106 ↑ 0.14  (0.69 %) as on 24 Jun 22

(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 10.6% since its launch.  Return for 2021 was 23.8% , 2020 was 13.7% and 2019 was 11.9% .

Below is the key information for Mirae Asset Hybrid Equity Fund

NAV as on 24 Jun 22₹20.106 ↑ 0.14  (0.69 %)
Net Assets (AUM) as on 31 May 2022 ₹6,545 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio-0.41
Expense Ratio1.7 %
Sharpe Ratio0.206
Information Ratio-0.28
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 Jun 22

DurationReturns
1 Month -1.9%
3 Month -6.6%
6 Month -7.4%
1 Year -0.9%
3 Year 10.4%
5 Year 10%
10 Year
15 Year
Since launch 10.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 23.8%
2020 13.7%
2019 11.9%
2018 1.3%
2017 27.8%
2016 8.5%
2015
2014
2013

Growth of 10k Over Years

DateValue
31 May 17₹10,000
31 May 18₹10,883
31 May 19₹12,076
31 May 20₹10,773
31 May 21₹15,947
31 May 22₹16,764
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash9.53%
Equity74.17%
Debt16.3%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Government10.9%
Cash Equivalent8.95%
Corporate5.97%
RatingValue
AA11.52%
AAA88.48%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services25.8%
Technology9.67%
Basic Materials8%
Consumer Cyclical7.31%
Health Care5.89%
Industrials5.76%
Energy5.53%
Consumer Defensive3.6%
Utility1.5%
Communication Services1.13%
Mirae Asset Hybrid Equity Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional5%₹356 Cr4,791,452
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
Banks - Regional5%₹318 Cr2,299,078
↓ -200,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services5%₹316 Cr2,018,907
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 15 | RELIANCE
Oil & Gas Refining & Marketing5%₹312 Cr1,116,524
↓ -30,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | AXISBANK
Banks - Regional3%₹220 Cr3,017,358
↑ 200,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
Banks - Regional3%₹206 Cr4,159,945
↑ 25,000
5.63% Govt Stock 2026
Sovereign Bonds | -
3%₹204 Cr21,000,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services3%₹178 Cr502,753
6.18% Govt Stock 2024
Sovereign Bonds | -
2%₹146 Cr14,500,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 15 | LT
Engineering & Construction2%₹137 Cr810,029
↑ 20,000
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 165.73 Yr.
Vrijesh Kasera1 Apr 202.17 Yr.
Harshad Borawake1 Apr 202.17 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Limited
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
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
₹20.106
↑ 0.14
-7.36 %-0.88 %10.36 %10.05 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹13.979
↑ 0.10
-7.92 %-1.47 %9.52 %9.32 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹13.979
↑ 0.10
-7.92 %-1.47 %9.52 %9.32 %
Data as on 24 Jun 22

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