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Mirae Asset Hybrid - Equity Fund

Mirae Asset Hybrid - Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.55

as on 31 Jan 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,263 today.

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NAV Performance

Mirae Asset Hybrid - Equity Fund performance graph for last 3 years
Performance of Mirae Asset Hybrid - Equity Fund for last 3 Years

Fund Information

  • ₹ 22.178

    as on 31 Jan 2023
  • Regular - Growth

  • 4 / 33

  • ₹ 5,000

  • ₹ 6,229 Cr.

    as on 31 Dec 2021
  • 1.81%

  • 29 Jul 2015

  • Hybrid - Aggressive Hybrid Fund

  • Nifty 50

  • Mirae Mutual Fund

    Show All Funds

Highlights of this fund

Mirae Asset Hybrid - Equity Fund is an Open-ended Hybrid Fund. The fund belongs to Aggressive Hybrid Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 29 Jul 2015. This fund is offered by one of the top AMC (Assets Management Company) Mirae Mutual Fund. You can also view here all other Hybrid funds offered by Mirae Mutual Fund.

Latest NAV of the fund is ₹ 22.178 as on 31 Jan 2023.

This fund has 7 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.81%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The investment objective of the Scheme is to generate capital appreciation along with current income from a combined portfolio of equity & equity related instruments and debt and money market instruments.

List of Fund Managers of Mirae Asset Hybrid - Equity Fund

  • About Vrijesh Kasera

    Picture of Vrijesh KaseraMr. Kasera brings with him professional experience covering more than 10 years. His primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.
  • About Mahendra Jajoo

    Picture of Mahendra Jajoo
  • About Harshad Borawake

    Picture of Harshad BorawakeMr. Borawake's professional experience spans more than 14 years and his primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Motilal Oswal Securities as Vice President (Research). He has also been associated with Capmetrics & Risk Solutions as Research Analyst - Equity.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 1.98% 2.69% 10.54% 27.10% 27.59% 28.15% 17.13% 17.23% 9.84% 14.76% 25.60% 22.81% 18.01%
Category Average -1.67% -1.54% 3.34% 2.27% 13.65% 12.97% 8.88% 12.27% 3.54% 5.56% 12.93% 12.05% 11.63%
Mirae Asset Hybrid - Equity Fund -1.79%₹ 9,821 -1.05%₹ 9,895 2.14%₹ 10,213 0.73%₹ 10,073 3.42%₹ 12,222 11.94%₹ 12,537 5.01%₹ 25,267 12.55%₹ 14,263 12.02%₹ 43,105 9.45%₹ 15,713 11.64%₹ 80,414 - -
ICICI Prudential Equity & Debt Fund -0.34%₹ 9,965 -0.03%₹ 9,997 6.64%₹ 10,664 6.87%₹ 10,687 9.50%₹ 12,612 25.35%₹ 15,730 14.76%₹ 27,797 20.20%₹ 17,373 23.18%₹ 50,482 12.74%₹ 18,218 18.31%₹ 94,793 15.44%₹ 42,075 15.46%₹ 2,69,823
Kotak Equity Hybrid -1.49%₹ 9,850 -0.98%₹ 9,902 3.62%₹ 10,361 2.92%₹ 10,291 4.79%₹ 12,310 15.10%₹ 13,258 7.38%₹ 25,873 14.75%₹ 15,114 15.78%₹ 45,503 10.44%₹ 16,430 14.36%₹ 86,010 - -
Canara Robeco Equity Hybrid Fund -2.02%₹ 9,797 -2.26%₹ 9,773 1.95%₹ 10,194 -0.36%₹ 9,963 2.05%₹ 12,133 11.19%₹ 12,371 4.20%₹ 25,061 12.73%₹ 14,330 10.99%₹ 42,462 10.33%₹ 16,349 11.76%₹ 80,663 13.08%₹ 34,219 12.40%₹ 2,29,041
DSP Equity And Bond Fund -1.70%₹ 9,830 -1.84%₹ 9,816 0.61%₹ 10,060 -2.53%₹ 9,746 0.94%₹ 12,061 9.35%₹ 11,962 1.95%₹ 24,490 10.65%₹ 13,549 9.60%₹ 41,603 8.75%₹ 15,215 10.57%₹ 78,302 12.20%₹ 31,646 11.58%₹ 2,19,256
IDFC Hybrid Equity Fund -1.29%₹ 9,871 -2.64%₹ 9,735 2.23%₹ 10,223 -0.52%₹ 9,947 2.04%₹ 12,133 13.19%₹ 12,821 4.73%₹ 25,195 12.87%₹ 14,383 13.00%₹ 43,723 7.60%₹ 14,428 11.20%₹ 79,548 - -

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Hybrid - Equity Fund as on 02 Feb 2023 are listed below:

  • Equity Holdings:

    73.66%
  • Debt Holdings:

    18.01%
  • Others Holdings:

    8.34%

Top Sector Holdings of Mirae Asset Hybrid - Equity Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 17.20% ₹ 1,109.91 Cr.
Computers - Software 10.96% ₹ 706.96 Cr.
Refineries/Marketing 4.94% ₹ 318.80 Cr.
Pharmaceuticals 3.24% ₹ 209.27 Cr.
NBFC 3.09% ₹ 199.32 Cr.
Others 60.57% -

Top Stock Holdings of Mirae Asset Hybrid - Equity Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 5.73% ₹ 369.71 Cr.
Infosys Ltd. 5.60% ₹ 361.30 Cr.
ICICI Bank Ltd. 5.37% ₹ 346.50 Cr.
Reliance Industries Ltd. 3.99% ₹ 257.31 Cr.
Tata Consultancy Services Ltd. 3.48% ₹ 224.46 Cr.
Others 75.83% -

Top Debt Instrument Type holdings of Mirae Asset Hybrid - Equity Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 8.95% ₹ 577.28 Cr.
NCD & Bonds 7.85% ₹ 507.32 Cr.
CP 1.21% ₹ 78.06 Cr.
Others 81.99% -

Top Debt Holdings of Mirae Asset Hybrid - Equity Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 8.95% ₹ 577.28 Cr.
Bond - Muthoot Finance Pvt. Ltd. 1.62% ₹ 104.58 Cr.
Bond - National Bank for Agriculture & Rural Development 1.41% ₹ 91.51 Cr.
Bond - Rural Electrification Corporation Limited 1.13% ₹ 73.24 Cr.
Bond - IIFL Finance Ltd. 0.92% ₹ 59.57 Cr.
Others 85.97%

Other Holdings

Holding TypeHolding Percentage
TREPS 6.71%
MF Units 1.29%
Net Receivables 0.34%