Dezerv

Fund Overview

Fund Size

Fund Size

₹8,546 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, 9 months and 21 days, having been launched on 29-Jul-15.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹32.56, Assets Under Management (AUM) of 8545.85 Crores, and an expense ratio of 0.37%.
  • Mirae Asset Hybrid Equity Fund Direct Growth has given a CAGR return of 14.35% since inception.
  • The fund's asset allocation comprises around 74.46% in equities, 19.21% in debts, and 6.33% 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

+25.34%

+29.18% (Cat Avg.)

3 Years

+15.39%

+16.05% (Cat Avg.)

5 Years

+16.08%

+15.72% (Cat Avg.)

Since Inception

+14.35%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity6,363.53 Cr74.46%
Debt1,641.79 Cr19.21%
Others540.53 Cr6.33%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity519.23 Cr6.08%
ICICI Bank LtdEquity409.3 Cr4.79%
TrepsCash - Repurchase Agreement359.66 Cr4.21%
Reliance Industries LtdEquity335.75 Cr3.93%
State Bank of IndiaEquity320.24 Cr3.75%
Infosys LtdEquity274.29 Cr3.21%
Larsen & Toubro LtdEquity215.66 Cr2.52%
Axis Bank LtdEquity213.55 Cr2.50%
NTPC LtdEquity212.33 Cr2.48%
Bharti Airtel LtdEquity166.82 Cr1.95%
7.1% Govt Stock 2034Bond - Gov't/Treasury149.38 Cr1.75%
7.18% Govt Stock 2033Bond - Gov't/Treasury141.83 Cr1.66%
ITC LtdEquity139.45 Cr1.63%
Aurobindo Pharma LtdEquity131.77 Cr1.54%
Bharat Electronics LtdEquity130.9 Cr1.53%
Tata Motors LtdEquity128.89 Cr1.51%
Tata Consultancy Services LtdEquity124.22 Cr1.45%
Ambuja Cements LtdEquity109.23 Cr1.28%
Shriram Finance LtdEquity107.06 Cr1.25%
Zomato LtdEquity92.3 Cr1.08%
Balkrishna Industries LtdEquity89.91 Cr1.05%
Samvardhana Motherson International LtdEquity88.58 Cr1.04%
Glenmark Pharmaceuticals LtdEquity87.31 Cr1.02%
Tata Steel LtdEquity85.14 Cr1.00%
Havells India LtdEquity84.93 Cr0.99%
Kotak Mahindra Bank LtdEquity84.42 Cr0.99%
Craftsman Automation LtdEquity82.19 Cr0.96%
Godrej Consumer Products LtdEquity78.54 Cr0.92%
Hindalco Industries LtdEquity77.46 Cr0.91%
7.26% Govt Stock 2033Bond - Gov't/Treasury75.2 Cr0.88%
Hindustan Unilever LtdEquity75.1 Cr0.88%
Delhivery LtdEquity72.28 Cr0.85%
Gujarat State Petronet LtdEquity71.2 Cr0.83%
InterGlobe Aviation LtdEquity70.51 Cr0.83%
Greenply Industries LtdEquity68.9 Cr0.81%
LIC Housing Finance LtdEquity65.49 Cr0.77%
Embassy Office Parks ReitBond - Asset Backed62.87 Cr0.74%
Prince Pipes And Fittings Ltd Ordinary SharesEquity60.84 Cr0.71%
SBI Life Insurance Company LimitedEquity58.05 Cr0.68%
Hero Fincorp LimitedBond - Corporate Bond55.79 Cr0.65%
Coal India LtdEquity55.65 Cr0.65%
TD Power Systems LtdEquity55.2 Cr0.65%
TVS Motor Co LtdEquity55.08 Cr0.64%
Dabur India LtdEquity53.38 Cr0.62%
7.32% Govt Stock 2030Bond - Gov't/Treasury50.31 Cr0.59%
Kajaria Ceramics LtdEquity49.95 Cr0.58%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond49.86 Cr0.58%
Muthoot Finance LimitedBond - Corporate Bond49.53 Cr0.58%
Power Finance Corp Ltd. 7.42%Bond - Corporate Bond49.35 Cr0.58%
Torrent Pharmaceuticals LtdEquity48.62 Cr0.57%
7.18% Govt Stock 2037Bond - Gov't/Treasury48.27 Cr0.56%
IndusInd Bank LtdEquity48.05 Cr0.56%
Titan Co LtdEquity47.36 Cr0.55%
Mphasis LtdEquity46.3 Cr0.54%
Fusion Micro Finance LtdEquity45.88 Cr0.54%
Crompton Greaves Consumer Electricals LtdEquity45.18 Cr0.53%
Electronics Mart India LtdEquity44.85 Cr0.52%
Krishna Institute of Medical Sciences LtdEquity44.84 Cr0.52%
Maruti Suzuki India LtdEquity44.35 Cr0.52%
Vinati Organics LtdEquity44.2 Cr0.52%
Export-Import Bank of India 7.4%Bond - Gov't Agency Debt43.76 Cr0.51%
Page Industries LtdEquity43.42 Cr0.51%
Gateway Distriparks LtdEquity43.14 Cr0.50%
Max Financial Services LtdEquity42.41 Cr0.50%
The Federal Bank LtdEquity40.24 Cr0.47%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond39.91 Cr0.47%
Power Finance Corporation Ltd.Bond - Corporate Bond39.88 Cr0.47%
Dalmia Bharat LtdEquity38.63 Cr0.45%
Rural Electrification Corporation LimitedBond - Corporate Bond38.32 Cr0.45%
Brigade Enterprises LtdEquity37.88 Cr0.44%
Syngene International LtdEquity36.63 Cr0.43%
LTIMindtree LtdEquity36.32 Cr0.42%
Sona BLW Precision Forgings LtdEquity35.27 Cr0.41%
Motilal Oswal Financial Services LimitedCash - Commercial Paper34.1 Cr0.40%
Oil & Natural Gas Corp LtdEquity33.94 Cr0.40%
Eicher Motors LtdEquity30.67 Cr0.36%
Motilal Oswal Finvest LimitedBond - Corporate Bond30.02 Cr0.35%
7.3% Govt Stock 2053Bond - Gov't/Treasury30.01 Cr0.35%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond30 Cr0.35%
ICICI Bank LimitedCash - CD/Time Deposit29.18 Cr0.34%
UltraTech Cement LtdEquity28.42 Cr0.33%
Tatva Chintan Pharma Chem LtdEquity28.29 Cr0.33%
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond28.11 Cr0.33%
Cipla LtdEquity28.01 Cr0.33%
Westlife Foodworld LtdEquity27.19 Cr0.32%
Larsen And Toubro LimitedBond - Corporate Bond25.1 Cr0.29%
07.49 ML Sgs 2027Bond - Gov't/Treasury25.06 Cr0.29%
Bharti Telecom LimitedBond - Corporate Bond25.05 Cr0.29%
Rural Electrification Corporation LimitedBond - Corporate Bond25.05 Cr0.29%
Northern Arc Capital LimitedBond - Corporate Bond24.99 Cr0.29%
Rural Electrification Corporation LimitedBond - Corporate Bond24.97 Cr0.29%
Embassy Office Parks ReitBond - Corporate Bond24.95 Cr0.29%
Small Industries Development Bank of India 7.68%Bond - Corporate Bond24.94 Cr0.29%
Muthoot Finance LimitedCash - Commercial Paper24.94 Cr0.29%
Power Finance Corp Ltd. 7.6%Bond - Corporate Bond24.93 Cr0.29%
National Bank for Agriculture and Rural Development 7.62%Bond - Gov't Agency Debt24.88 Cr0.29%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.83 Cr0.29%
Muthoot Finance LimitedBond - Corporate Bond24.77 Cr0.29%
Go Fashion (India) LtdEquity24.25 Cr0.28%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond22.88 Cr0.27%
Bharat Petroleum Corp LtdEquity21.99 Cr0.26%
Avalon Technologies LtdEquity21.57 Cr0.25%
7.38% Govt Stock 2027Bond - Gov't/Treasury21.11 Cr0.25%
Rural Electrification Corporation LimitedBond - Corporate Bond20.95 Cr0.25%
Yatra Online LtdEquity20.22 Cr0.24%
National Bank for Agriculture and Rural Development 7.68%Bond - Gov't Agency Debt19.95 Cr0.23%
Bajaj Finance LimitedBond - Corporate Bond19.92 Cr0.23%
Sun Pharmaceuticals Industries LtdEquity19.69 Cr0.23%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit18.97 Cr0.22%
Bajaj Finance LtdEquity18.87 Cr0.22%
Small Industries Development Bank Of IndiaBond - Corporate Bond17.5 Cr0.20%
Cholamandalam Financial Holdings LtdEquity16.75 Cr0.20%
HCL Technologies LtdEquity15.01 Cr0.18%
Piramal Capital & Housing Finance Ltd.Cash - Commercial Paper14.98 Cr0.18%
Power Grid Corporation Of India LimitedBond - Corporate Bond14.96 Cr0.18%
Power Finance Corporation Ltd.Bond - Corporate Bond14.9 Cr0.17%
Rec LimitedBond - Corporate Bond14.89 Cr0.17%
Rural Electrification Corporation LimitedBond - Corporate Bond14.87 Cr0.17%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond14.73 Cr0.17%
ICICI Bank LimitedCash - CD/Time Deposit14.36 Cr0.17%
Bharti Telecom LimitedBond - Corporate Bond12.5 Cr0.15%
360 One Prime LimitedBond - Corporate Bond12.47 Cr0.15%
360 One Prime Ltd. 9.66%Bond - Corporate Bond12.46 Cr0.15%
06.99 Ts SDL 2028Bond - Gov't/Treasury10.82 Cr0.13%
Pipeline Infrastructure Ltd. 7.96%Bond - Corporate Bond10.06 Cr0.12%
07.61 RJ Sdl 2027Bond - Gov't/Treasury10.04 Cr0.12%
Rural Electrification Corporation LimitedBond - Corporate Bond10 Cr0.12%
ICICI Home Finance Company LimitedBond - Corporate Bond9.97 Cr0.12%
HDFC Bank LimitedCash - CD/Time Deposit9.73 Cr0.11%
LIC Housing Finance LtdBond - Corporate Bond9.72 Cr0.11%
Net Receivables / (Payables)Cash9.63 Cr0.11%
7.26% Govt Stock 2032Bond - Gov't/Treasury8.52 Cr0.10%
Embassy Office Parks ReitBond - Corporate Bond7.95 Cr0.09%
One97 Communications LtdEquity7.31 Cr0.09%
REC Ltd. 7.64%Bond - Corporate Bond6.99 Cr0.08%
Bharti Hexacom LtdEquity6.7 Cr0.08%
LIC Housing Finance LtdBond - Corporate Bond5.04 Cr0.06%
LIC Housing Finance LtdBond - Corporate Bond5.04 Cr0.06%
Godrej Properties LimitedBond - Corporate Bond5 Cr0.06%
07.59 Ka Sdl 2027marBond - Gov't/Treasury4.02 Cr0.05%
IDFC First Bank LimitedBond - Corporate Bond3.91 Cr0.05%
IDFC First Bank LimitedBond - Corporate Bond3.91 Cr0.05%
HDFC Bank LimitedBond - Corporate Bond2.98 Cr0.03%
07.25 PN Sdl 2027Bond - Gov't/Treasury2.98 Cr0.03%
Indian Oil Corporation LimitedBond - Corporate Bond1.55 Cr0.02%
08.39 AP Sdl 2026Bond - Gov't/Treasury1.27 Cr0.01%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond0.99 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

54.84%

Mid Cap Stocks

10.48%

Small Cap Stocks

9.13%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,989.52 Cr23.28%
Consumer Cyclical899.71 Cr10.53%
Industrials783.39 Cr9.17%
Technology525.02 Cr6.14%
Basic Materials480.28 Cr5.62%
Energy447.33 Cr5.23%
Healthcare396.88 Cr4.64%
Consumer Defensive346.46 Cr4.05%
Utilities283.52 Cr3.32%
Communication Services173.52 Cr2.03%
Real Estate37.88 Cr0.44%

Risk & Performance Ratios

Standard Deviation

This fund

9.30%

Cat. avg.

10.05%

Lower the better

Sharpe Ratio

This fund

1.08

Cat. avg.

1.02

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.93

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 April 2024

ISININF769K01DH9Expense Ratio0.37%Exit Load1.00%Fund Size₹8,546 CrAge29 Jul 2015Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL 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.

Similar Aggressive Allocation Funds

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

Very High Risk

2.2%1.0%₹1138.39 Cr32.9%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Very High Risk

0.5%1.0%₹1138.39 Cr35.2%
Bandhan Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹693.61 Cr26.1%
Bandhan Hybrid Equity Fund Regular Growth

Very High Risk

2.4%1.0%₹693.61 Cr24.5%
Tata Hybrid Equity Fund Regular Growth

Very High Risk

1.9%1.0%₹3748.90 Cr23.0%
UTI Hybrid Equity Fund Regular Growth

Very High Risk

1.9%1.0%₹5487.53 Cr31.2%
Nippon India Equity Hybrid Fund Regular Growth

Very High Risk

2.0%1.0%₹3522.61 Cr30.2%
SBI Equity Hybrid Fund Regular Growth

Very High Risk

1.4%1.0%₹68409.82 Cr24.7%
Canara Robeco Equity Hybrid Fund Regular Growth

Very High Risk

1.7%1.0%₹10077.44 Cr25.1%
Quant Absolute Fund Regular Growth

Very High Risk

2.0%1.0%₹2024.53 Cr37.3%

About the AMC

Total AUM

₹1,63,012 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%₹1406.88 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3351.36 Cr37.7%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10073.98 Cr7.3%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹34974.46 Cr40.7%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹38060.19 Cr24.0%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹594.96 Cr7.4%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹145.28 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8312.74 Cr18.4%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹155.33 Cr6.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1570.17 Cr80.9%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8545.85 Cr25.3%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹705.09 Cr34.9%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.07 Cr28.2%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹531.86 Cr49.1%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹795.72 Cr6.8%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1463.94 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1815.41 Cr33.8%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1702.61 Cr24.3%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹2683.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹78.52 Cr60.1%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹22471.76 Cr36.2%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.22 Cr6.8%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹49.85 Cr6.6%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.8%0.0%₹72.50 Cr7.2%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1019.74 Cr17.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹59.30 Cr6.7%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.95 Cr41.2%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹95.84 Cr2.8%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹865.39 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹346.19 Cr7.0%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹225.99 Cr6.2%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹103.31 Cr6.9%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2236.01 Cr52.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹1870.00 Cr8.5%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15139.44 Cr53.0%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.3%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Mirae Asset Hybrid Equity Fund Direct Growth, as of 17-May-2024, is ₹32.56.
The fund has generated 25.34% over the last 1 year and 15.39% 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 74.46% in equities, 19.21% in bonds, and 6.33% 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