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Fincash » Mutual Funds » Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund - G

NAV  ₹22.142 ↑ 0.05  (0.24 %) as on 2 Feb 23

(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 11.2% since its launch.  Return for 2022 was 2.4% , 2021 was 23.8% and 2020 was 13.7% .

Below is the key information for Mirae Asset Hybrid Equity Fund

NAV as on 2 Feb 23₹22.142 ↑ 0.05  (0.24 %)
Net Assets (AUM) as on 31 Dec 2022 ₹7,194 Cr.
Launch Date29 Jul 2015
CategoryHybrid - Hybrid Equity
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio-2.32
Expense Ratio1.6 %
Sharpe Ratio-0.171
Information Ratio-0.35
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 2 Feb 23

DurationReturns
1 Month -2.4%
3 Month -1.5%
6 Month 1.2%
1 Year -0.9%
3 Year 12.5%
5 Year 9.9%
10 Year
15 Year
Since launch 11.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 2.4%
2021 23.8%
2020 13.7%
2019 11.9%
2018 1.3%
2017 27.8%
2016 8.5%
2015
2014

Growth of 10k Over Years

DateValue
31 Jan 18₹10,000
31 Jan 19₹9,890
31 Jan 20₹11,017
31 Jan 21₹12,533
31 Jan 22₹15,599
31 Jan 23₹15,713
Mirae Asset Hybrid Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash7.19%
Equity72.8%
Debt20.01%
Mirae Asset Hybrid Equity Fund Asset Allocation

Sector Allocation

SectorValue
Government12.58%
Corporate8.98%
Cash Equivalent5.64%
RatingValue
AA18.02%
AAA81.98%
Mirae Asset Hybrid Equity Fund Debt Allocation
SectorValue
Financial Services25.54%
Consumer Cyclical9.13%
Technology7.71%
Basic Materials6.42%
Energy5.96%
Industrials5.79%
Consumer Defensive4.3%
Health Care4.12%
Utility2.07%
Communication Services1.75%
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 & Marketing5%₹370 Cr1,451,524
↑ 25,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
Banks - Regional5%₹361 Cr2,217,050
↓ -7,028
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
Banks - Regional5%₹361 Cr4,051,452
↑ 50,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services4%₹294 Cr1,948,907
7.26% Govt Stock 2032
Sovereign Bonds | -
4%₹280 Cr28,100,000
↑ 21,000,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | AXISBANK
Banks - Regional4%₹257 Cr2,752,615
↑ 165,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
Banks - Regional3%₹246 Cr4,011,945
↓ -120,000
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹191 Cr19,000,000
↑ 10,500,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
Information Technology Services2%₹164 Cr502,753
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 15 | LT
Engineering & Construction2%₹139 Cr667,529
↓ -35,000
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 166.32 Yr.
Vrijesh Kasera1 Apr 202.75 Yr.
Harshad Borawake1 Apr 202.75 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Ltd
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 LimitedMirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098

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
₹22.142
↑ 0.05
1.2 %-0.94 %12.5 %9.92 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Reinvestment
₹15.395
↑ 0.04
1.2 %-1.53 %12.01 %9.2 %
Mirae Asset Hybrid Equity Fund
Normal Dividend, Payout
₹15.395
↑ 0.04
1.2 %-1.53 %12.01 %9.2 %
Data as on 2 Feb 23

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