Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl
Hybrid
Direct
Aggressive Allocation
NAV: ₹ 19 as on 21-09-2023
Fund Performance
8 people have invested ₹ 31K in Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl in the last three months
About the Fund
Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl is a hybrid fund. This fund was started on 29 July, 2015. The fund is managed by Mahendra Jajoo, Vrijesh Kasera, Harshad Borawake. This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl has ₹7722 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 0.4.
Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl Overview
 | 0.41% |
 Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
 | ₹7722 Cr |
 | 29 July, 2015 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 69.87% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
53.8%
Mid cap
9.2%
Small cap
7.9%
Sector Allocation
Financial Services
33.9%
Consumer Cyclical
13.8%
Industrial
11.7%
Tech
10.3%
Basic Materials
6.5%
Health
6.5%
Energy
6%
Consumer Defensive
5.8%
Utilities
3.3%
Communication
2.3%
Top Holdings of Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl as on (31-Aug-23)
Equity Holdings59
Debt Holdings70
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.25% | 97.5% | |
 ICICI Bank Ltd | 5.52% | 0% | |
 Reliance Industries Ltd | 5.12% | 0% | |
 State Bank of India | 3.51% | 0% | |
 Infosys Ltd | 3.45% | 0% |
See all
Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 7.7K Cr as of Aug'23
- AUM decreased by 55.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl Fund Manager
Mahendra Jajoo
Fund Manager of Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl, since 8 September 2016
Top funds managed
Vrijesh Kasera
Fund Manager of Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl, since 1 April 2020
Top funds managed
Harshad Borawake
Fund Manager of Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl, since 1 April 2020
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.23% since inception which is more than its category average return of 11.92%
Fund Allocations
This fund has an allocation of 70.85% in Equity, 20.84% in Debt and 8.31% in Cash related instruments
AUM size ₹7722 Cr
This fund has AUM of ₹7722 Cr which is more than its category average of ₹ 4287 Cr
Expense Ratio 0.41%
This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 1.55%
Frequently Asked Questions
The current NAV of Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl is ₹19.03 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 2.65% | 2.65% |
6 Month Returns | 17.96% | 17.96% |
1 Year Returns | 13.01% | 13.01% |
3 Years Returns | 65.65% | 18.32% |
5 Years Returns | 86.73% | 13.3% |
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- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.41% as on August 2023
₹7722 Cr as on August 2023
HDFC Bank Ltd(6.25%), ICICI Bank Ltd(5.52%), Reliance Industries Ltd(5.12%), State Bank of India(3.51%), Infosys Ltd(3.45%) as on August 2023
Financial Services(24.05%), Corporate(12.26%), Consumer Cyclical(9.79%) as on August 2023
AAA | 79.46 |
AA | 20.54 |
Mahendra Jajoo, Vrijesh Kasera, Harshad Borawake are the fund managers of Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl
The Exit load of Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl is 1%