MyWealthGrowth.com logo
HomeMutual Funds

Mirae Asset Hybrid - Equity Fund

Mirae Asset Hybrid - Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

21.57

as on 26 May 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,966 today.

Invest Now

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

  • ₹ 23.186

    as on 26 May 2023
  • Regular - Growth

  • 7 / 33

  • ₹ 5,000

  • ₹ 6,949 Cr.

    as on 31 Mar 2023
  • 1.76%

  • 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 ₹ 23.186 as on 26 May 2023.

This fund has 7 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.76%. 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 Very 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 5.11% 7.06% 10.54% 27.10% 27.59% 34.65% 18.76% 18.16% 17.14% 13.53% 21.17% 21.39% 17.28%
Category Average 3.21% 4.60% 1.84% 13.63% 10.00% 21.70% 10.47% 12.93% 12.64% 7.56% 12.63% 12.89% 11.83%
Mirae Asset Hybrid - Equity Fund 3.40%₹ 10,339 5.54%₹ 10,554 1.70%₹ 10,169 12.87%₹ 11,286 12.75%₹ 12,806 8.54%₹ 11,781 7.30%₹ 25,840 21.57%₹ 17,966 11.86%₹ 42,973 11.52%₹ 17,256 12.41%₹ 81,899 - -
ICICI Prudential Equity & Debt Fund 3.46%₹ 10,345 4.60%₹ 10,460 2.76%₹ 10,275 15.33%₹ 11,532 15.50%₹ 12,977 17.42%₹ 13,787 13.53%₹ 27,448 30.19%₹ 22,068 21.17%₹ 49,033 14.80%₹ 19,956 18.83%₹ 95,883 16.13%₹ 44,701 15.44%₹ 2,69,353
Kotak Equity Hybrid 3.23%₹ 10,322 4.43%₹ 10,443 2.26%₹ 10,226 13.42%₹ 11,342 12.41%₹ 12,785 9.98%₹ 12,096 8.72%₹ 26,205 26.44%₹ 20,212 14.66%₹ 44,742 12.22%₹ 17,810 15.05%₹ 87,417 - -
HDFC Hybrid Equity Fund 3.11%₹ 10,310 5.56%₹ 10,555 3.22%₹ 10,322 18.17%₹ 11,816 17.14%₹ 13,078 11.85%₹ 12,511 11.74%₹ 26,983 26.69%₹ 20,336 16.55%₹ 45,962 11.72%₹ 17,414 15.04%₹ 87,390 13.15%₹ 34,454 12.06%₹ 2,24,731
Sundaram Equity Hybrid Fund 1.80%₹ 10,179 0.49%₹ 10,048 10.54%₹ 11,054 - - - - - - - - - -
Canara Robeco Equity Hybrid Fund 3.65%₹ 10,365 4.79%₹ 10,479 1.34%₹ 10,134 13.23%₹ 11,322 12.31%₹ 12,780 8.34%₹ 11,737 6.92%₹ 25,745 19.83%₹ 17,204 11.25%₹ 42,592 11.65%₹ 17,360 12.62%₹ 82,330 13.95%₹ 36,951 12.60%₹ 2,31,273

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Hybrid - Equity Fund as on 28 May 2023 are listed below:

  • Equity Holdings:

    74.64%
  • Debt Holdings:

    23.68%
  • Others Holdings:

    1.60%

Top Sector Holdings of Mirae Asset Hybrid - Equity Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 18.95% ₹ 1,317.29 Cr.
Computers - Software 7.37% ₹ 512.60 Cr.
Refineries/Marketing 5.39% ₹ 405.67 Cr.
Pharmaceuticals 3.89% ₹ 271.07 Cr.
Passenger/Utility vehicles 2.78% ₹ 193.27 Cr.
Others 61.62% -

Top Stock Holdings of Mirae Asset Hybrid - Equity Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 5.43% ₹ 377.17 Cr.
Reliance Industries Ltd. 5.39% ₹ 374.72 Cr.
HDFC Bank Ltd. 4.93% ₹ 342.36 Cr.
Infosys Ltd. 4.07% ₹ 282.86 Cr.
Axis Bank Ltd. 3.54% ₹ 246.19 Cr.
Others 76.64% -

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

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 11.11% ₹ 773.55 Cr.
GOI 8.91% ₹ 619.56 Cr.
CP 2.25% ₹ 155.61 Cr.
CD 1.41% ₹ 98.49 Cr.
Others 76.32% -

Top Debt Holdings of Mirae Asset Hybrid - Equity Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 8.91% ₹ 619.56 Cr.
Bond - National Bank for Agriculture & Rural Development 2.15% ₹ 149.96 Cr.
Bond - Muthoot Finance Pvt. Ltd. 1.81% ₹ 125.56 Cr.
Bond - Rural Electrification Corporation Limited 1.27% ₹ 88.95 Cr.
Bond - Small Industries Development Bank Of India 1.21% ₹ 84.12 Cr.
Others 84.65%

Other Holdings

Holding TypeHolding Percentage
TREPS 0.97%
Net Receivables 0.63%