Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl
Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl

Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl

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Hybrid
Direct
Aggressive Allocation

NAV: ₹ 18.7 as on 28-11-2022

Fund Performance
zero opening, trading, fund transfer fee
15 people have invested ₹ 61K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
3%
4%
11.4%
5.8%
14.6%
11.9%
Benchmark
2.4%
3.6%
12.5%
3.1%
14.6%
9.8%
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, Harshad Borawake, Vrijesh Kasera. This fund gives you the benefit of diversification.

Key parameters

1) Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl has a NAV of 18.727 as on 28-11-2022.

2) Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl has 7151 Cr worth of assets under management (AUM) as on 30-09-2022 and is more than category average.

3) The fund has an expense ratio 0.37 %.

Fund Overview

Expense ratio
Expense ratio
0.37%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹7151 Cr
Inception Date
Inception Date
29 July, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
75.79%

Fund Distribution

  • Equity 72.8%
  • Debt & Cash 27.2%
Size breakup
Large cap
55%
Small cap
9.3%
Mid cap
8.4%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

35.1%

Consumer Cyclical

12%

Tech

11%

Basic Materials

8.7%

Energy

8%

Industrial

7.6%

Consumer Defensive

6.3%

Health

5.7%

Communication

2.8%

Utilities

2.7%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings115
Equity Holdings66
Debt Holdings49

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 217.5 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 7.2K Cr
Sep'22
₹ 6.9K Cr
Aug'22
₹ 7.1K Cr

Fund Returns vs Benchmark

Oct'22
7.34%
6.94%
Sep'22
-1.82%
-1.79%
Aug'22
2.41%
3.33%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
101
99
104
Top 5 Company Concentration
23.1%
22.3%
22.7%
Company having highest exposure
ICICI Bank Ltd (5.3%)
ICICI Bank Ltd (5.3%)
ICICI Bank Ltd (5.8%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
62.3%
61%
62.5%
Sector having highest exposure
Financial Services (25.5%)
Financial Services (25.7%)
Financial Services (26.2%)

Fund Manager

Mahendra Jajoo

Mahendra Jajoo

Managing this fund since 8 September 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Equity Savings Fund Direct Growth
12.34%
8.81%
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
15.1%
14.63%
Mirae Asset Savings Fund Direct Plan Growth
4.99%
4.91%
Harshad Borawake

Harshad Borawake

Managing this fund since 1 April 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Equity Savings Fund Direct Growth
12.34%
8.81%
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
15.1%
14.63%
Vrijesh Kasera

Vrijesh Kasera

Managing this fund since 1 April 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Equity Savings Fund Direct Growth
12.34%
8.81%
Mirae Asset Healthcare Fund Direct Growth
28.01%
23%
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
15.1%
14.63%

AMC details

Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.22% since inception which is more than its category average return of 11.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 72.77% in Equity, 17.29% in Debt and 9.94% in Cash related instruments
AUM size ₹7151 Cr

AUM size ₹7151 Cr

This fund has AUM of ₹7151 Cr which is more than its category average of ₹ 3915 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 1.61%

Frequently Asked Questions

The current NAV of Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl is 18.67.
Existing (Absolute + CAGR)
Mirae Asset Hybrid Equity Fund -Direct Plan-Payout of Income Distribution cum capital wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.84%
2.84%
6 Month Returns
12.74%
12.74%
1 Year Returns
3.11%
3.11%
3 Years Returns
51.11%
14.75%
5 Years Returns
74.55%
11.78%
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0.37 as on October 2022
7151 Cr as on October 2022
ICICI Bank Ltd(5.26%),Reliance Industries Ltd(5.09%),HDFC Bank Ltd(4.8%),Infosys Ltd(4.38%),State Bank of India(3.56%) as on October 2022
Financial Services(25.53%),Government(10.93%),Cash Equivalent(9.04%) as on October 2022
AAA
87.57
AA
12.43
Mahendra Jajoo,Harshad Borawake,Vrijesh Kasera 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%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.