MIRAE ASSET
HYBRID EQUITY FUND - (MAHEF)
(Aggressive Hybrid Fund - An open ended hybrid scheme investing predominantly in equity and equity related instruments) | Type of Scheme | Aggressive Hybrid Fund - An open ended hybrid scheme investing predominantly in equity and equity related instruments |
| Investment Objective | The investment objective of the Scheme is to generate capital appreciation along with current income from a combined portfolio of predominantly investing in equity & equity related instruments and balance in debt and money market instruments. The Scheme does not guarantee or assure any returns |
Fund Managers** |
Mr. Harshad Borawake (Equity Portion)(April 01, 2020), Mr.Vrijesh Kasera (Since April 01, 2020) and Mr. Mahendra Jajoo (Debt Portion) (since September 8, 2016) |
| Allotment Date | 29th July, 2015 |
| Benchmark Index | CRISIL Hybrid 35+65 -Aggressive Index |
| Minimum Investment Amount |
₹5,000/- and in multiples of ₹1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: Minimum of ₹1000/- (multiples of ₹1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. |
| Load Structure | Entry load: NA Exit load: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW^ Option (Payout & Re-investment)
|
| Monthly Average AUM (₹ Cr.) as on November 30, 2022 | 7,211.71 |
| Net AUM (₹ Cr.) | 7,323.43 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on November 30, 2022 |
Regular Plan: 1.78% Direct Plan: 0.36% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 25.928 | ₹ 23.023 |
| IDCW^ | ₹ 18.855 | ₹ 16.008 |
| Volatility | 16.40% |
| Beta: | 1.08 |
| R Squared | 0.97 |
| Sharpe Ratio#: | 0.48 |
| Information Ratio | -0.23 |
| Portfolio Turnover Ratio | 0.59 times |
@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 30th November, 2022.^Basis last rolling 12 months. |
|
Weighted Average Maturity |
3.45 Years |
Modified Duration |
2.64 Years |
Macaulay Duration |
2.96 Years |
Yield to Maturity |
7.45% |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
19-Feb-19 |
0.71 per Unit |
10 |
12.611 |
16-Dec-19 |
0.71 per Unit |
10 |
13.498 |
23-Mar-21 |
1.20 per Unit |
10 |
15.423 |
28-Mar-22 |
1.25 per Unit |
10 |
16.283 |
Past Performance may or may not be sustained in future. Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and statutory levy (if any). IDCW history is for MAHEF- Regular Plan - IDCW Option
| Portfolio Holdings | % Allocation |
| Banks | |
| ICICI Bank Ltd | 5.21% |
| HDFC Bank Ltd | 4.88% |
| State Bank of India | 3.40% |
| Axis Bank Ltd | 3.18% |
| Kotak Mahindra Bank Ltd | 0.68% |
| Bank of Baroda | 0.68% |
| IT - Software | |
| Infosys Ltd | 4.35% |
| Tata Consultancy Services Ltd | 2.33% |
| HCL Technologies Ltd | 0.68% |
| MphasiS Ltd | 0.56% |
| Petroleum Products | |
| Reliance Industries Ltd | 5.32% |
| Hindustan Petroleum Corporation Ltd | 0.67% |
| Bharat Petroleum Corporation Ltd | 0.16% |
| Consumer Durables | |
| Havells India Ltd | 0.94% |
| Bata India Ltd | 0.80% |
| Kajaria Ceramics Ltd | 0.72% |
| Greenply Industries Ltd | 0.60% |
| Crompton Greaves Consumer Electricals Ltd | 0.56% |
| Titan Company Ltd | 0.37% |
| Voltas Ltd | 0.03% |
| Asian Paints Ltd | 0.00% |
| Finance | |
| Housing Development Finance Corporation Ltd | 1.83% |
| SBI Cards and Payment Services Ltd | 0.85% |
| Shriram Transport Finance Company Ltd | 0.76% |
| Can Fin Homes Ltd | 0.42% |
| Automobiles | |
| Maruti Suzuki India Ltd | 1.39% |
| Tata Motors Ltd | 1.05% |
| TVS Motor Company Ltd | 0.71% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 1.48% |
| Aurobindo Pharma Ltd | 0.56% |
| Torrent Pharmaceuticals Ltd | 0.52% |
| Laurus Labs Ltd | 0.41% |
| Insurance | |
| SBI Life Insurance Company Ltd | 1.18% |
| Max Financial Services Ltd | 0.66% |
| ICICI Lombard General Insurance Company Ltd | 0.63% |
| Auto Components | |
| Craftsman Automation Ltd | 1.02% |
| Sona BLW Precision Forgings Ltd | 0.70% |
| Apollo Tyres Ltd | 0.62% |
| Diversified FMCG | |
| ITC Ltd | 1.50% |
| Hindustan Unilever Ltd | 0.83% |
| Construction | |
| Larsen & Toubro Ltd | 1.99% |
| Telecom - Services | |
| Bharti Airtel Ltd | 1.98% |
| Cement & Cement Products | |
| Ambuja Cements Ltd | 1.39% |
| Nuvoco Vistas Corporation Ltd | 0.46% |
| Chemicals & Petrochemicals | |
| Vinati Organics Ltd | 0.73% |
| Tatva Chintan Pharma Chem Ltd | 0.70% |
| Chemplast Sanmar Ltd | 0.28% |
| Personal Products | |
| Dabur India Ltd | 0.81% |
| Emami Ltd | 0.75% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.18% |
| Power | |
| NTPC Ltd | 1.14% |
| Transport Services | |
| Delhivery Ltd | 0.71% |
| Gateway Distriparks Ltd | 0.37% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 0.53% |
| UTI Asset Management Company Ltd | 0.50% |
| Gas | |
| Gujarat State Petronet Ltd | 0.96% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Ltd | 0.92% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.92% |
| Retailing | |
| Zomato Ltd | 0.60% |
| Electronics Mart India Ltd | 0.24% |
| Food Products | |
| Britannia Industries Ltd | 0.68% |
| Industrial Products | |
| Prince Pipes And Fittings Ltd | 0.64% |
| Leisure Services | |
| Westlife Foodworld Ltd | 0.56% |
| Non - Ferrous Metals | |
| Hindalco Industries Ltd | 0.33% |
| Financial Technology (Fintech) | |
| One 97 Communications Ltd | 0.13% |
| Equity Holding Total | 72.75% |
| Government Bond | |
| 6.18% GOI (04/11/2024) | 1.96% |
| 6.54% GOI (17/01/2032) | 1.36% |
| 7.38% GOI (20/06/2027) | 1.17% |
| 7.26% GOI (22/08/2032) | 0.97% |
| 5.63% GOI (12/04/2026) | 0.91% |
| 4.7% GOI FRB (22/09/2033) | 0.80% |
| 6.64% GOI (16/06/2035) | 0.64% |
| 6.22% GOI (16/03/2035) | 0.62% |
| 5.74% GOI (15/11/2026) | 0.26% |
| Government Bond Total | 8.69% |
| Corporate Bond | |
| 8.25% IIFL Finance Ltd (14/10/2023) ** | 0.81% |
| 7.25% Small Industries Dev Bank of India (31/07/2025) ** | 0.68% |
| 7.25% National Bank For Agriculture and Rural Development (01/08/2025) ** | 0.68% |
| 7.1% Muthoot Finance Ltd (20/06/2024) ** | 0.67% |
| 5.74% REC Ltd (20/06/2024) ** | 0.67% |
| 5.27% National Bank For Agriculture and Rural Development (29/04/2024) ** | 0.66% |
| 6.15% L&T Finance Ltd (17/05/2023) ** | 0.61% |
| 5.53% National Bank For Agriculture and Rural Development (22/02/2024) ** | 0.53% |
| 6.4% Jamnagar Utilities & Power Private Ltd (29/09/2026) ** | 0.46% |
| 9% Muthoot Finance Ltd (19/04/2023) ** | 0.37% |
| 9.75% Muthoot Finance Ltd (27/02/2023) ** | 0.34% |
| 7.15% Small Industries Dev Bank of India (02/06/2025) ** | 0.34% |
| 7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024) ** | 0.34% |
| 6.09% Power Finance Corporation Ltd (27/08/2026) ** | 0.20% |
| 7.7% REC Ltd (10/12/2027) ** | 0.14% |
| 7.95% ICICI Home Finance Company Ltd (24/11/2025) ** | 0.14% |
| 6.26% Cholamandalam Investment and Finance Company Ltd (18/04/2023) ** | 0.14% |
| 5.24% Small Industries Dev Bank of India (26/03/2024) ** | 0.13% |
| 5.5315% LIC Housing Finance Ltd (20/12/2024) ** | 0.13% |
| 8.48% LIC Housing Finance Ltd (29/06/2026) ** | 0.07% |
| 8.45% LIC Housing Finance Ltd (22/05/2026) ** | 0.07% |
| 8.05% NTPC Ltd (05/05/2026) ** | 0.07% |
| 7.55% REC Ltd (26/09/2023) ** | 0.07% |
| Corporate Bond Total | 8.30% |
| Commercial Paper | |
| Tata Motors Finance Ltd (28/04/2023) ** | 0.33% |
| Tata Motors Finance Ltd (10/11/2023) ** | 0.32% |
| Tata Motors Finance Ltd (21/12/2022) ** | 0.20% |
| Larsen & Toubro Ltd (30/12/2022) ** | 0.20% |
| Export Import Bank of India (06/01/2023) ** | 0.20% |
| Housing Development Finance Corporation Ltd (28/11/2023) | 0.19% |
| Commercial Paper Total | 1.45% |
| Certificate of Deposit | |
| Small Industries Dev Bank of India (22/02/2023) # | 0.20% |
| State Bank of India (12/09/2023) ** # | 0.19% |
| Axis Bank Ltd (28/02/2023) # | 0.13% |
| Certificate of Deposit Total | 0.53% |
| State Government Bond | |
| 7.61% Rajasthan SDL (29/03/2027) | 0.14% |
| 7.74% Tamilnadu UDAY SDL (22/02/2024) | 0.14% |
| 7.59% Karnataka SDL (29/03/2027) | 0.06% |
| 7.25% Punjab SDL (14/06/2027) | 0.04% |
| 7.85% Rajasthan SDL (15/03/2027) | 0.02% |
| State Government Bond Total | 0.39% |
| Treasury Bill | |
| 182 Days Tbill (01/12/2022) | 0.34% |
| Treasury Bill Total | 0.34% |
| Cash & Other Receivables Total | 7.54% |
| Total | 100.00% |
** Thinly Traded / Non Traded Security # Unlisted Security
| New Position Bought |
| Stock |
| Leisure Services |
| Westlife Foodworld Limited |
| Finance |
| Shriram Transport Finance Company Limited |
| Positions Increased |
| Stock |
| Retailing |
| Zomato Limited |
| Transport Services |
| Delhivery Limited |
| Gas |
| Gujarat State Petronet Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Pharmaceuticals & Biotechnology |
| Torrent Pharmaceuticals Limited |
| Positions Decreased |
| Stock |
| Food Products |
| Britannia Industries Limited |
| Construction |
| Larsen & Toubro Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| IT - Software |
| Infosys Limited |
| Personal Products |
| Dabur India Limited |
| Non - Ferrous Metals |
| Hindalco Industries Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Consumer Durables |
| Voltas Limited |
| Banks |
| HDFC Bank Limited |
| ICICI Bank Limited |
| State Bank of India |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAHEF | 5.99% |
13.89% |
11.24% |
12.02% |
| Scheme Benchmark* | 8.29% |
14.88% |
11.88% |
11.85% |
| Additional Benchmark** | 12.04% |
16.98% |
15.07% |
13.31% |
| NAV as on 30th November, 2022 | ₹ 23.023 | |||
| Index Value (30th November, 2022) | Index Value of Scheme benchmark is 15,101.74 and S&P BSE Sensex (TRI) is 95,383.95 |
|||
| Allotment Date | 29th July, 2015 | |||
| Scheme Benchmark | *CRISIL Hybrid 35+65 -Aggressive Index | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund managers: Mr. Harshad Borawake (Equity Portion) (April 01, 2020), Vrijesh Kasera (Equity Portion) (Since April 01, 2020) & Mr. Mahendra Jajoo (Debt Portion) (since September 08, 2016)
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
| Period | Total Amount Invested | Mkt Value as on 30-November-2022 |
SI |
880,000 |
1,438,785 |
10 Yrs |
840,000 |
1,345,061 |
5 Yrs |
600,000 |
849,598 |
3 Yr |
360,000 |
457,646 |
1 Yr |
120,000 |
127,558 |
Returns (%) |
Period |
||||
SI |
10yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
13.14 |
13.22 |
13.89 |
16.24 |
11.91 |
Benchmark Return& (%) |
13.33 |
13.46 |
14.38 |
16.59 |
13.75 |
Add. Benchmark Return& (%) |
16.24 |
16.52 |
17.69 |
22.06 |
20.35 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
This product is suitable for investors who are seeking*
• Capital appreciation along with current income over long term
• Aggressive hybrid fund investing predominantly In equites & equity related instruments with balance exposure to debt & money market instruments
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund managers are given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option