Hybrid
Direct
Aggressive Allocation
NAV as on 11-11-2024
₹ 35.69
1D
Inception Returns
14.7%
/yr
Mirae Asset Aggressive Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 29 July, 2015. The fund is managed by Harshad Borawake, Mahendra Jajoo, Vrijesh Kasera. This fund gives you the benefit of diversification.
Mirae Asset Aggressive Hybrid Fund Direct Growth has given a CAGR return of 14.71% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.98%, 12.29% and 16.67% respectively.
Mirae Asset Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Basic Materials, Energy, Cash Equivalent, Utilities, Communication, Securitize, Consumer Defensive, Real Estate.
As it is a aggressive allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Aggressive Hybrid Fund Direct Growth has no lock in period.
Expense ratio | 0.4% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
AUM | ₹9481 Cr |
Inception Date | 29 July, 2015 |
Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 22.87% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (11-Nov-24)
as on (30-Sep-24)
Top 3 Sectors in September were Government, Corporate & Financial Services
Mirae Asset Aggressive Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.45% | -2.45% |
6 Month Returns | 11% | 11% |
1 Year Returns | 25.98% | 25.98% |
3 Years Returns | 41.58% | 12.29% |
5 Years Returns | 116.13% | 16.67% |
AAA | 93.81 |
AA | 6.19 |