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Fund Overview

Fund Size

Fund Size

₹8,963 Cr

Expense Ratio

Expense Ratio

0.37%

ISIN

ISIN

INF769K01DH9

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

29 Jul 2015

About this fund

Mirae Asset Hybrid Equity Fund Direct Growth is a Aggressive Allocation mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 8 years, 11 months and 27 days, having been launched on 29-Jul-15.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹35.46, Assets Under Management (AUM) of 8962.66 Crores, and an expense ratio of 0.37%.
  • Mirae Asset Hybrid Equity Fund Direct Growth has given a CAGR return of 15.12% since inception.
  • The fund's asset allocation comprises around 75.21% in equities, 20.16% in debts, and 4.63% in cash & cash equivalents.
  • You can start investing in Mirae Asset Hybrid Equity Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+26.54%

+30.28% (Cat Avg.)

3 Years

+15.74%

+16.44% (Cat Avg.)

5 Years

+17.64%

+18.11% (Cat Avg.)

Since Inception

+15.12%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity6,740.42 Cr75.21%
Debt1,806.83 Cr20.16%
Others415.41 Cr4.63%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity575.15 Cr6.42%
Reliance Industries LtdEquity358.27 Cr4.00%
ICICI Bank LtdEquity356.74 Cr3.98%
State Bank of IndiaEquity309.3 Cr3.45%
Infosys LtdEquity302.52 Cr3.38%
Axis Bank LtdEquity231.75 Cr2.59%
NTPC LtdEquity221.18 Cr2.47%
Bharti Airtel LtdEquity206.29 Cr2.30%
7.1% Govt Stock 2034Bond - Gov't/Treasury192.71 Cr2.15%
Larsen & Toubro LtdEquity189.93 Cr2.12%
Bharat Electronics LtdEquity162.73 Cr1.82%
Export-Import Bank of IndiaCash - Commercial Paper159.22 Cr1.78%
7.18% Govt Stock 2033Bond - Gov't/Treasury153.29 Cr1.71%
Shriram Finance LtdEquity143.81 Cr1.60%
Tata Consultancy Services LtdEquity143.33 Cr1.60%
Aurobindo Pharma LtdEquity137.95 Cr1.54%
ITC LtdEquity131.76 Cr1.47%
Tata Motors LtdEquity126.57 Cr1.41%
Balkrishna Industries LtdEquity119.47 Cr1.33%
Ambuja Cements LtdEquity118.11 Cr1.32%
Glenmark Pharmaceuticals LtdEquity101.63 Cr1.13%
7.32% Govt Stock 2030Bond - Gov't/Treasury101.39 Cr1.13%
Zomato LtdEquity98.05 Cr1.09%
Kotak Mahindra Bank LtdEquity93.7 Cr1.05%
Greenply Industries LtdEquity85.44 Cr0.95%
Hindalco Industries LtdEquity84.93 Cr0.95%
Havells India LtdEquity83.9 Cr0.94%
Tata Steel LtdEquity81.09 Cr0.90%
Samvardhana Motherson International LtdEquity80.43 Cr0.90%
Godrej Consumer Products LtdEquity78.97 Cr0.88%
InterGlobe Aviation LtdEquity77.89 Cr0.87%
LIC Housing Finance LtdEquity77.44 Cr0.86%
Gujarat State Petronet LtdEquity71.33 Cr0.80%
7.26% Govt Stock 2033Bond - Gov't/Treasury70.36 Cr0.79%
Brigade Enterprises LtdEquity70.33 Cr0.78%
Hindustan Unilever LtdEquity67.93 Cr0.76%
7.23% Govt Stock 2039Bond - Gov't/Treasury66.16 Cr0.74%
Delhivery LtdEquity64.41 Cr0.72%
Prince Pipes And Fittings Ltd Ordinary SharesEquity64.18 Cr0.72%
TVS Motor Co LtdEquity63.23 Cr0.71%
Embassy Office Parks ReitBond - Asset Backed62.1 Cr0.69%
Coal India LtdEquity61.37 Cr0.68%
Mphasis LtdEquity59.56 Cr0.66%
TD Power Systems LtdEquity58.5 Cr0.65%
Crompton Greaves Consumer Electricals LtdEquity57.52 Cr0.64%
Hero Fincorp LimitedBond - Corporate Bond56.54 Cr0.63%
Indus Towers Ltd Ordinary SharesEquity51.52 Cr0.57%
SBI Life Insurance Company LimitedEquity51.33 Cr0.57%
Vinati Organics LtdEquity51.25 Cr0.57%
Syngene International LtdEquity51.23 Cr0.57%
Oil & Natural Gas Corp LtdEquity50.73 Cr0.57%
Craftsman Automation LtdEquity50.23 Cr0.56%
Shriram Finance LimitedBond - Corporate Bond50.06 Cr0.56%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond49.93 Cr0.56%
Power Finance Corp Ltd. 7.42%Bond - Corporate Bond49.76 Cr0.56%
Muthoot Finance LimitedBond - Corporate Bond49.54 Cr0.55%
7.18% Govt Stock 2037Bond - Gov't/Treasury49.06 Cr0.55%
Electronics Mart India LtdEquity48.98 Cr0.55%
Page Industries LtdEquity48.81 Cr0.54%
Net Receivables / (Payables)Cash48.07 Cr0.54%
L&T Finance LtdEquity47.57 Cr0.53%
Dabur India LtdEquity47.23 Cr0.53%
IndusInd Bank LtdEquity46.42 Cr0.52%
Krishna Institute of Medical Sciences LtdEquity45.96 Cr0.51%
Go Digit General Insurance LtdEquity45.19 Cr0.50%
National Bank for Agriculture and Rural Development 7.68%Bond - Gov't Agency Debt45.02 Cr0.50%
Zensar Technologies LtdEquity45 Cr0.50%
Titan Co LtdEquity44.92 Cr0.50%
Power Finance Corp LtdEquity44.39 Cr0.50%
Torrent Pharmaceuticals LtdEquity44.38 Cr0.50%
Export-Import Bank of India 7.4%Bond - Gov't Agency Debt43.89 Cr0.49%
The Federal Bank LtdEquity43.86 Cr0.49%
Bharat Petroleum Corp LtdEquity43.28 Cr0.48%
Gateway Distriparks LtdEquity41.45 Cr0.46%
R R Kabel LtdEquity40.91 Cr0.46%
Max Financial Services LtdEquity40.77 Cr0.45%
Fusion Finance LtdEquity39.77 Cr0.44%
Rural Electrification Corporation LimitedBond - Corporate Bond38.71 Cr0.43%
Cipla LtdEquity38.34 Cr0.43%
Dalmia Bharat LtdEquity38.11 Cr0.43%
Sona BLW Precision Forgings LtdEquity36.15 Cr0.40%
TrepsCash - Repurchase Agreement34.26 Cr0.38%
Eicher Motors LtdEquity31.18 Cr0.35%
Motilal Oswal Finvest LimitedBond - Corporate Bond30.17 Cr0.34%
Vedanta LtdEquity27.24 Cr0.30%
07.49 ML Sgs 2027Bond - Gov't/Treasury25.18 Cr0.28%
Rural Electrification Corporation LimitedBond - Corporate Bond25.18 Cr0.28%
Rural Electrification Corporation LimitedBond - Corporate Bond25.12 Cr0.28%
Larsen And Toubro LimitedBond - Corporate Bond25.11 Cr0.28%
Bharti Telecom LimitedBond - Corporate Bond25.05 Cr0.28%
Small Industries Development Bank of India 7.68%Bond - Corporate Bond25 Cr0.28%
Northern Arc Capital LimitedBond - Corporate Bond24.99 Cr0.28%
Embassy Office Parks ReitBond - Corporate Bond24.96 Cr0.28%
National Bank for Agriculture and Rural Development 7.62%Bond - Gov't Agency Debt24.96 Cr0.28%
Power Finance Corp Ltd. 7.55%Bond - Corporate Bond24.94 Cr0.28%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.92 Cr0.28%
Muthoot Finance LimitedBond - Corporate Bond24.78 Cr0.28%
GAIL (India) LtdEquity24.28 Cr0.27%
Avalon Technologies LtdEquity22.56 Cr0.25%
Go Fashion (India) LtdEquity22.36 Cr0.25%
Rural Electrification Corporation LimitedBond - Corporate Bond22.13 Cr0.25%
Small Industries Development Bank Of IndiaBond - Corporate Bond21.85 Cr0.24%
7.38% Govt Stock 2027Bond - Gov't/Treasury21.22 Cr0.24%
Rural Electrification Corporation LimitedBond - Corporate Bond20.95 Cr0.23%
Godrej Industries 8.42%Bond - Corporate Bond20.01 Cr0.22%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond19.98 Cr0.22%
Bajaj Finance LimitedBond - Corporate Bond19.95 Cr0.22%
Indostar Capital Finance LimitedCash - Commercial Paper19.19 Cr0.21%
Rural Electrification Corporation LimitedBond - Corporate Bond18.41 Cr0.21%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond17.96 Cr0.20%
Small Industries Development Bank Of IndiaBond - Corporate Bond17.53 Cr0.20%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond15.91 Cr0.18%
Mindspace Business Parks ReitBond - Corporate Bond15.08 Cr0.17%
Power Grid Corporation Of India LimitedBond - Corporate Bond15.01 Cr0.17%
LIC Housing Finance Ltd. 7.9265%Bond - Corporate Bond15 Cr0.17%
Muthoot Finance LimitedBond - Corporate Bond14.96 Cr0.17%
Rec LimitedBond - Corporate Bond14.93 Cr0.17%
Power Finance Corporation Ltd.Bond - Corporate Bond14.91 Cr0.17%
Motilal Oswal Financial Services LimitedCash - Commercial Paper14.82 Cr0.17%
ICICI Bank LimitedCash - CD/Time Deposit14.53 Cr0.16%
Punjab National BankCash - CD/Time Deposit14.35 Cr0.16%
Union Bank of IndiaBond - Gov't Agency Debt14.29 Cr0.16%
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond13.03 Cr0.15%
Bharti Telecom LimitedBond - Corporate Bond12.51 Cr0.14%
360 One Prime Ltd. 9.66%Bond - Corporate Bond12.47 Cr0.14%
360 One Prime LimitedBond - Corporate Bond12.41 Cr0.14%
Bajaj Housing Finance LimitedBond - Corporate Bond12.03 Cr0.13%
06.99 Ts SDL 2028Bond - Gov't/Treasury10.89 Cr0.12%
07.61 RJ Sdl 2027Bond - Gov't/Treasury10.09 Cr0.11%
Rural Electrification Corporation LimitedBond - Corporate Bond10.01 Cr0.11%
ICICI Home Finance Company LimitedBond - Corporate Bond9.97 Cr0.11%
Yatra Online LtdEquity9.92 Cr0.11%
LIC Housing Finance LtdBond - Corporate Bond9.76 Cr0.11%
ICICI Securities LimitedCash - Commercial Paper9.46 Cr0.11%
Rec LimitedBond - Corporate Bond8.27 Cr0.09%
One97 Communications LtdEquity7.89 Cr0.09%
Small Industries Development Bank Of IndiaBond - Corporate Bond7.45 Cr0.08%
7.26% Govt Stock 2032Bond - Gov't/Treasury7.08 Cr0.08%
Indian Railway Finance Corporation LimitedBond - Corporate Bond5.71 Cr0.06%
LIC Housing Finance LtdBond - Corporate Bond5.04 Cr0.06%
LIC Housing Finance LtdBond - Corporate Bond5.04 Cr0.06%
Godrej Properties LimitedBond - Corporate Bond4.98 Cr0.06%
Embassy Office Parks ReitBond - Corporate Bond4.98 Cr0.06%
07.59 Ka Sdl 2027marBond - Gov't/Treasury4.04 Cr0.05%
IDFC First Bank LimitedBond - Corporate Bond3.91 Cr0.04%
IDFC First Bank LimitedBond - Corporate Bond3.91 Cr0.04%
07.25 PN Sdl 2027Bond - Gov't/Treasury3 Cr0.03%
Indian Oil Corporation LimitedBond - Corporate Bond1.55 Cr0.02%
08.39 AP Sdl 2026Bond - Gov't/Treasury1.27 Cr0.01%
Sun Pharmaceuticals Industries LtdEquity0.16 Cr0.00%
Maruti Suzuki India LtdEquity0.12 Cr0.00%
Westlife Foodworld LtdEquity0.09 Cr0.00%
LTIMindtree LtdEquity0.09 Cr0.00%
Kajaria Ceramics LtdEquity0.02 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

54.25%

Mid Cap Stocks

11.23%

Small Cap Stocks

9.21%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services2,147.2 Cr23.96%
Consumer Cyclical838.03 Cr9.35%
Industrials783.93 Cr8.75%
Technology580.95 Cr6.48%
Energy513.65 Cr5.73%
Basic Materials486.16 Cr5.42%
Healthcare419.66 Cr4.68%
Consumer Defensive325.9 Cr3.64%
Utilities316.8 Cr3.53%
Communication Services257.81 Cr2.88%
Real Estate70.33 Cr0.78%

Risk & Performance Ratios

Standard Deviation

This fund

9.28%

Cat. avg.

9.79%

Lower the better

Sharpe Ratio

This fund

1.02

Cat. avg.

0.89

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.64

Higher the better

Fund Managers

MJ

Mahendra Jajoo

Since September 2016

Vrijesh Kasera

Vrijesh Kasera

Since April 2020

HB

Harshad Borawake

Since April 2020

Additional Scheme Detailsas of 30th June 2024

ISIN
INF769K01DH9
Expense Ratio
0.37%
Exit Load
1.00%
Fund Size
₹8,963 Cr
Age
29 Jul 2015
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Fund nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Aggressive Hybrid Fund Regular Growth

Very High Risk

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Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Very High Risk

0.5%1.0%₹1168.14 Cr36.3%
Bandhan Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹728.20 Cr27.0%
Bandhan Hybrid Equity Fund Regular Growth

Very High Risk

2.4%1.0%₹728.20 Cr25.3%
Tata Hybrid Equity Fund Regular Growth

Very High Risk

1.9%1.0%₹3917.01 Cr23.7%
UTI Hybrid Equity Fund Regular Growth

Very High Risk

1.9%1.0%₹5851.61 Cr32.9%
Nippon India Equity Hybrid Fund Regular Growth

Very High Risk

2.0%1.0%₹3724.91 Cr28.1%
SBI Equity Hybrid Fund Regular Growth

Very High Risk

1.4%1.0%₹71495.31 Cr24.0%
Canara Robeco Equity Hybrid Fund Regular Growth

Very High Risk

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Quant Absolute Fund Regular Growth

Very High Risk

2.0%1.0%₹2216.28 Cr36.5%

About the AMC

Total AUM

₹1,73,546 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1524.79 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3751.14 Cr38.6%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10728.82 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹37846.07 Cr39.3%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹39951.46 Cr26.6%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹616.30 Cr7.7%
Mirae Asset Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹139.18 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8255.25 Cr21.0%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹146.35 Cr7.3%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹1510.97 Cr53.7%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8962.66 Cr26.5%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹837.40 Cr34.6%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹110.62 Cr29.8%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹539.13 Cr35.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹800.19 Cr7.7%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1672.07 Cr7.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2072.15 Cr30.7%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1822.75 Cr21.3%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹3120.86 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹103.28 Cr53.5%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹24345.83 Cr36.3%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹77.19 Cr7.5%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹44.56 Cr7.3%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹72.44 Cr-6.9%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1126.87 Cr17.6%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹58.89 Cr7.3%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.3%1.0%₹333.10 Cr22.2%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

0.2%1.0%₹72.13 Cr-14.3%
Mirae Asset Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹989.80 Cr6.9%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹336.75 Cr7.6%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹231.20 Cr8.0%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹88.92 Cr7.4%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2312.48 Cr45.8%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2114.07 Cr8.7%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹16667.30 Cr46.8%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1655.04 Cr21.5%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mirae Asset Hybrid Equity Fund Direct Growth, as of 25-Jul-2024, is ₹35.46.
The fund has generated 26.54% over the last 1 year and 15.74% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 75.21% in equities, 20.16% in bonds, and 4.63% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Hybrid Equity Fund Direct Growth are:-
  1. Mahendra Jajoo
  2. Vrijesh Kasera
  3. Harshad Borawake