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 April 30, 2023 | 7,062.67 |
| Net AUM (₹ Cr.) | 7,188.00 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on April 30, 2023 |
Regular Plan: 1.74% Direct Plan: 0.36% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 25.648 | ₹ 22.646 |
| IDCW | ₹ 17.128 | ₹ 14.479 |
| New Position Bought |
| Stock |
| Pharmaceuticals & Biotechnology |
| Biocon Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Banks |
| HDFC Bank Limited |
| Kotak Mahindra Bank Limited |
| Finance |
| Can Fin Homes Limited |
| Shriram Finance Limited |
| Food Products |
| Nestle India Limited |
| Leisure Services |
| Westlife Foodworld Limited |
| Pharmaceuticals & Biotechnology |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Retailing |
| Zomato Limited |
| Period | Total Amount Invested | Mkt Value as on 28-April-2023 |
SI |
930,000 |
1,465,897 |
7 Yrs |
840,000 |
1,256,777 |
5 Yrs |
600,000 |
803,036 |
3 Yrs |
360,000 |
422,935 |
1 Yr |
120,000 |
124,378 |
Returns (%) |
Period |
||||
SI |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
11.51 |
11.34 |
11.65 |
10.82 |
6.96 |
Benchmark Return& (%) |
11.62 |
11.56 |
11.96 |
10.90 |
6.97 |
Add. Benchmark Return& (%) |
14.00 |
14.10 |
14.44 |
14.61 |
9.63 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Portfolio Holdings | % Allocation |
| Banks | |
| ICICI Bank Ltd | 5.49% |
| HDFC Bank Ltd | 4.78% |
| State Bank of India | 3.55% |
| Axis Bank Ltd | 3.43% |
| Kotak Mahindra Bank Ltd | 1.02% |
| Bank of Baroda | 0.74% |
| IT - Software | |
| Infosys Ltd | 3.45% |
| Tata Consultancy Services Ltd | 1.98% |
| HCL Technologies Limited | 0.66% |
| MphasiS Limited | 0.56% |
| Petroleum Products | |
| Reliance Industries Ltd | 5.41% |
| Finance | |
| Housing Development Finance Corporation Ltd | 2.13% |
| SBI Cards and Payment Services Limited | 0.81% |
| Shriram Finance Limited | 0.61% |
| Can Fin Homes Limited | 0.48% |
| Bajaj Finserv Limited | 0.39% |
| Consumer Durables | |
| Titan Company Ltd | 0.96% |
| Havells India Ltd | 0.94% |
| Kajaria Ceramics Ltd | 0.85% |
| Greenply Industries Limited | 0.54% |
| Crompton Greaves Consumer Electricals Limited | 0.40% |
| Voltas Ltd | 0.03% |
| Asian Paints Ltd | 0.00% |
| Automobiles | |
| Tata Motors Limited | 1.47% |
| Maruti Suzuki India Ltd | 1.36% |
| TVS Motor Company Ltd | 0.79% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 1.53% |
| Torrent Pharmaceuticals Ltd | 0.91% |
| Aurobindo Pharma Ltd | 0.75% |
| Biocon Ltd | 0.09% |
| Diversified FMCG | |
| ITC Ltd | 2.27% |
| Hindustan Unilever Ltd | 0.54% |
| Auto Components | |
| Craftsman Automation Limited | 1.09% |
| Sona BLW Precision Forgings Limited | 0.83% |
| Apollo Tyres Limited | 0.70% |
| Construction | |
| Larsen & Toubro Ltd | 2.25% |
| Insurance | |
| SBI Life Insurance Company Limited | 1.04% |
| ICICI Lombard General Insurance Company Limited | 0.62% |
| Max Financial Services Ltd | 0.49% |
| Telecom - Services | |
| Bharti Airtel Ltd | 1.95% |
| Chemicals & Petrochemicals | |
| Vinati Organics Ltd | 0.74% |
| Tatva Chintan Pharma Chem Limited | 0.56% |
| Chemplast Sanmar Limited | 0.31% |
| Cement & Cement Products | |
| Ambuja Cements Limited | 1.05% |
| Nuvoco Vistas Corporation Limited | 0.42% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.43% |
| Personal Products | |
| Dabur India Ltd | 0.78% |
| Emami Limited | 0.60% |
| Transport Services | |
| Delhivery Limited | 0.95% |
| Gateway Distriparks Limited | 0.36% |
| Power | |
| NTPC Ltd | 1.16% |
| Gas | |
| Gujarat State Petronet Limited | 1.03% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 1.01% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 1.00% |
| Industrial Products | |
| Prince Pipes And Fittings Limited | 0.78% |
| Retailing | |
| Zomato Limited | 0.53% |
| Electronics Mart India Limited | 0.22% |
| Leisure Services | |
| Westlife Foodworld Limited | 0.74% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 0.57% |
| Non - Ferrous Metals | |
| Hindalco Industries Limited | 0.50% |
| Textiles & Apparels | |
| Page Industries Ltd | 0.50% |
| Food Products | |
| Nestle India Limited | 0.38% |
| Britannia Industries Ltd | 0.01% |
| Financial Technology (Fintech) | |
| One 97 Communications Limited | 0.18% |
| Equity Holding Total | 73.71% |
| Corporate Bond | |
| 5.27% NABARD (29/04/2024) ** | 0.85% |
| 8.25% IIFL Finance Ltd (14/10/2023) ** | 0.84% |
| 9% Shriram Finance Ltd (24/06/2024) | 0.70% |
| 7.25% Small Industries Dev Bank of India (31/07/2025) ** | 0.69% |
| 7.25% NABARD (01/08/2025) ** | 0.69% |
| 8.3% Muthoot Finance Ltd (06/01/2026) ** | 0.69% |
| 7.1% Muthoot Finance Ltd (20/06/2024) ** | 0.69% |
| 5.74% REC Ltd (20/06/2024) ** | 0.68% |
| 6.15% L&T Finance Ltd (17/05/2023) ** | 0.63% |
| 5.53% NABARD (22/02/2024) ** | 0.55% |
| 6.4% Jamnagar Utilities & Power Private Ltd (29/09/2026) ** | 0.47% |
| 7.6% REC Ltd (27/02/2026) ** | 0.35% |
| 7.15% Small Industries Dev Bank of India (02/06/2025) ** | 0.35% |
| 7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024) | 0.35% |
| 7.9% Bajaj Finance Ltd (17/11/2025) ** | 0.28% |
| 7.97% HDFC Ltd (17/02/2033) | 0.24% |
| 6.09% Power Finance Corporation Ltd (27/08/2026) ** | 0.20% |
| 7.89% DME Development Ltd (14/03/2033) ** | 0.18% |
| 8.7% Bharti Telecom Ltd (21/11/2024) ** | 0.17% |
| 7.58% NABARD (31/07/2026) | 0.17% |
| 7.9237% Bajaj Housing Finance Ltd (16/03/2026) ** | 0.17% |
| 7.7% REC Ltd (10/12/2027) ** | 0.14% |
| 7.78% Mahanagar Telephone Nigam Ltd (10/02/2033) | 0.14% |
| 7.95% ICICI Home Finance Company Ltd (24/11/2025) ** | 0.14% |
| 6.72% Power Finance Corporation Ltd (09/06/2023) ** | 0.14% |
| 7.13% Power Finance Corporation Ltd (08/08/2025) ** | 0.14% |
| 5.24% Small Industries Dev Bank of India (26/03/2024) ** | 0.14% |
| 5.5315% LIC Housing Finance Ltd (20/12/2024) ** | 0.13% |
| 7.77% Power Finance Corporation Ltd (15/04/2028) | 0.10% |
| 8.05% NTPC Ltd (05/05/2026) ** | 0.07% |
| 8.48% LIC Housing Finance Ltd (29/06/2026) ** | 0.07% |
| 8.45% LIC Housing Finance Ltd (22/05/2026) ** | 0.07% |
| 7.55% REC Ltd (26/09/2023) ** | 0.07% |
| 8.95% IDFC First Bank Ltd (13/05/2025) ** | 0.05% |
| 8.8% IDFC First Bank Ltd (15/06/2025) ** | 0.05% |
| 5.6% Indian Oil Corporation Ltd (23/01/2026) ** | 0.02% |
| Corporate Bond Total | 11.40% |
| Government Bond | |
| 7.38% GOI (20/06/2027) | 2.40% |
| 7.26% GOI (22/08/2032) | 2.07% |
| 7.26% GOI (06/02/2033) | 1.26% |
| 6.64% GOI (16/06/2035) | 0.66% |
| 5.74% GOI (15/11/2026) | 0.27% |
| Government Bond Total | 6.67% |
| Commercial Paper | |
| Motilal Oswal Financial Services Ltd (06/06/2023) ** | 0.69% |
| Birla Group Holdings Private Ltd (13/03/2024) ** | 0.47% |
| Tata Motors Finance Ltd (10/11/2023) ** | 0.33% |
| HDFC Ltd (16/04/2024) ** | 0.19% |
| IGH Holdings Private Ltd (19/03/2024) ** | 0.14% |
| Commercial Paper Total | 1.83% |
| Certificate of Deposit | |
| SBM Bank India Ltd (09/06/2023) ** # | 0.35% |
| Kotak Mahindra Bank Ltd (01/09/2023) ** # | 0.20% |
| Union Bank of India (10/01/2024) # | 0.20% |
| Punjab National Bank (18/05/2023) # | 0.15% |
| Small Industries Dev Bank of India (30/05/2023) ** # | 0.14% |
| Kotak Mahindra Bank Ltd (26/06/2023) ** # | 0.14% |
| NABARD (23/01/2024) ** # | 0.12% |
| HDFC Bank Ltd (14/08/2023) ** # | 0.07% |
| Small Industries Dev Bank of India (31/01/2024) ** # | 0.07% |
| Certificate of Deposit Total | 1.43% |
| State Government Bond | |
| 7.49% MEGHALAYA SDL (21/12/2027) | 0.35% |
| 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% |
| 8.39% Andhra Pradesh SDL (27/01/2026) | 0.02% |
| State Government Bond Total | 0.77% |
| Zero Coupon Bond | |
| Hero Fincorp Ltd (13/08/2024) ** | 0.72% |
| Zero Coupon Bond Total | 0.72% |
| Cash & Other Receivables Total | 3.48% |
| Total | 100.00% |
** Thinly Traded / Non Traded Security # Unlisted Security
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAHEF | 5.27% | 18.17% | 10.65% | 11.12% |
| Scheme Benchmark* | 4.69% | 19.09% | 10.89% | 10.92% |
| Additional Benchmark** | 8.48% | 23.36% | 13.02% | 12.13% |
| NAV as on 28th April, 2023 | ₹ 22.646 | |||
| Index Value (28th April, 2023) | Index Value of Scheme benchmark is 14,817.08 and S&P BSE Sensex (TRI) is 92,568.15 |
|||
| 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.
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
Average Maturity |
3.50 Years |
Modified Duration |
2.66 Years |
Macaulay Duration |
3.67 Years |
Annualized Portfolio YTM* |
7.63% |
*In case of semi annual YTM, it will be annualized.
| Volatility | 10.95% |
| Beta: | 1.04 |
| R Squared | 0.91 |
| Sharpe Ratio#: | 1.03 |
| Information Ratio | 0.09 |
| Portfolio Turnover Ratio | 0.61 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 April, 2023.^Basis last rolling 12 months. |
|
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.
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
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 |
14-Feb-23 |
1.25 per Unit |
10 |
15.494 |
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