MIRAE ASSET
AGGRESSIVE HYBRID FUND* (formerly known as Mirae Asset Hybrid Equity Fund)
(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)(Since 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 ₹500/- (multiples of ₹1/- thereafter), minimum 5 in case of Monthly / 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 June 30, 2024 | 8,809.15 |
| Net AUM (₹ Cr.) | 8,962.66 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on June 30, 2024 |
Regular Plan: 1.71% Direct Plan: 0.37% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 34.657 | ₹ 30.124 |
| IDCW | ₹ 21.267 | ₹ 17.722 |
| New Position Bought |
| Stock |
| Diversified Metals |
| Vedanta Limited |
| Finance |
| L&T Finance Limited |
| Gas |
| GAIL (India) Limited |
| IT - Software |
| Zensar Technologies Limited |
| Telecom - Services |
| Indus Towers Limited |
| Positions Increased |
| Stock |
| Consumable Fuels |
| Coal India Limited |
| Healthcare Services |
| Syngene International Limited |
| IT - Software |
| Mphasis Limited |
| Tata Consultancy Services Limited |
| Non - Ferrous Metals |
| Hindalco Industries Limited |
| Oil |
| Oil & Natural Gas Corporation Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Transport Services |
| InterGlobe Aviation Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Components |
| Craftsman Automation Limited |
| Samvardhana Motherson International Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Banks |
| ICICI Bank Limited |
| State Bank of India |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Finance |
| Shriram Finance Limited |
| IT - Software |
| LTIMindtree Limited |
| Leisure Services |
| Westlife Foodworld Limited |
| Yatra Online Limited |
| Personal Products |
| Dabur India Limited |
| Godrej Consumer Products Limited |
| Pharmaceuticals & Biotechnology |
| Sun Pharmaceutical Industries Limited |
Average Maturity |
4.78 Years |
Modified Duration |
3.46 Years |
Macaulay Duration |
3.64 Years |
Annualized Portfolio YTM* |
7.70% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
Banks |
|
HDFC Bank Ltd |
6.42% |
ICICI Bank Ltd |
3.98% |
State Bank of India |
3.45% |
Axis Bank Ltd |
2.59% |
Kotak Mahindra Bank Ltd |
1.05% |
IndusInd Bank Ltd |
0.52% |
The Federal Bank Limited |
0.49% |
IT - Software |
|
Infosys Ltd |
3.38% |
Tata Consultancy Services Ltd |
1.60% |
Mphasis Limited |
0.66% |
Zensar Technologies Limited |
0.50% |
LTIMindtree Limited |
0.00% |
Petroleum Products |
|
Reliance Industries Ltd |
4.00% |
Bharat Petroleum Corporation Limited |
0.48% |
Finance |
|
Shriram Finance Limited |
1.60% |
LIC Housing Finance Limited |
0.86% |
L&T Finance Limited |
0.53% |
Power Finance Corporation Ltd |
0.50% |
Fusion Micro Finance Limited |
0.44% |
Pharmaceuticals & Biotechnology |
|
Aurobindo Pharma Ltd |
1.54% |
Glenmark Pharmaceuticals Limited |
1.13% |
Torrent Pharmaceuticals Ltd |
0.50% |
Cipla Limited |
0.43% |
Sun Pharmaceutical Industries Ltd |
0.00% |
Auto Components |
|
Balkrishna Industries Ltd |
1.33% |
Samvardhana Motherson International Limited |
0.90% |
Craftsman Automation Limited |
0.56% |
Sona BLW Precision Forgings Limited |
0.40% |
Consumer Durables |
|
Greenply Industries Limited |
0.95% |
Havells India Ltd |
0.94% |
Crompton Greaves Consumer Electricals Limited |
0.64% |
Titan Company Ltd |
0.50% |
Kajaria Ceramics Ltd |
0.00% |
Telecom - Services |
|
Bharti Airtel Ltd |
2.30% |
Indus Towers Limited |
0.57% |
Power |
|
NTPC Ltd |
2.47% |
Automobiles |
|
Tata Motors Limited |
1.41% |
TVS Motor Company Ltd |
0.71% |
Eicher Motors Ltd |
0.35% |
Maruti Suzuki India Ltd |
0.00% |
Diversified FMCG |
|
ITC Ltd |
1.47% |
Hindustan Unilever Ltd |
0.76% |
Construction |
|
Larsen & Toubro Ltd |
2.12% |
Transport Services |
|
InterGlobe Aviation Limited |
0.87% |
Delhivery Limited |
0.72% |
Gateway Distriparks Limited |
0.46% |
Retailing |
|
Zomato Limited |
1.09% |
Electronics Mart India Limited |
0.55% |
Go Fashion (India) Limited |
0.25% |
Aerospace & Defense |
|
Bharat Electronics Ltd |
1.82% |
Cement & Cement Products |
|
Ambuja Cements Limited |
1.32% |
Dalmia Bharat Limited |
0.43% |
Insurance |
|
SBI Life Insurance Company Limited |
0.57% |
Go Digit General Insurance Limited |
0.50% |
Max Financial Services Ltd |
0.45% |
Personal Products |
|
Godrej Consumer Products Limited |
0.88% |
Dabur India Ltd |
0.53% |
Industrial Products |
|
Prince Pipes And Fittings Limited |
0.72% |
R R Kabel Limited |
0.46% |
Healthcare Services |
|
Syngene International Limited |
0.57% |
Krishna Institute Of Medical Sciences Limited |
0.51% |
Gas |
|
Gujarat State Petronet Limited |
0.80% |
GAIL (India) Limited |
0.27% |
Non - Ferrous Metals |
|
Hindalco Industries Limited |
0.95% |
Ferrous Metals |
|
Tata Steel Ltd |
0.90% |
Electrical Equipment |
|
TD Power Systems Limited |
0.65% |
Avalon Technologies Limited |
0.25% |
Realty |
|
Brigade Enterprises Limited |
0.78% |
Consumable Fuels |
|
Coal India Ltd |
0.68% |
Chemicals & Petrochemicals |
|
Vinati Organics Ltd |
0.57% |
Oil |
|
Oil & Natural Gas Corporation Limited |
0.57% |
Textiles & Apparels |
|
Page Industries Ltd |
0.54% |
Diversified Metals |
|
Vedanta Limited |
0.30% |
Leisure Services |
|
Yatra Online Limited |
0.11% |
Westlife Foodworld Limited |
0.001% |
Financial Technology (Fintech) |
|
One 97 Communications Limited |
0.09% |
Equity Holding Total |
75.21% |
Corporate Bond |
|
REC Limited |
2.05% |
National Bank For Agriculture and Rural Development |
1.16% |
Power Finance Corporation Limited |
1.00% |
Small Industries Dev Bank of India |
1.00% |
Muthoot Finance Limited |
1.00% |
Cholamandalam Investment and Finance Company Ltd |
0.78% |
Shriram Finance Limited |
0.56% |
Export Import Bank of India |
0.49% |
Bharti Telecom Limited |
0.42% |
LIC Housing Finance Limited |
0.39% |
Motilal Oswal Finvest Limited |
0.34% |
Embassy Office Parks REIT |
0.33% |
Larsen & Toubro Limited |
0.28% |
Northern Arc Capital Limited |
0.28% |
360 One Prime Limited |
0.28% |
Godrej Industries Limited |
0.22% |
Bajaj Finance Limited |
0.22% |
Mindspace Business Parks REIT |
0.17% |
Jamnagar Utilities & Power Private Limited |
0.15% |
Bajaj Housing Finance Limited |
0.13% |
ICICI Home Finance Company Limited |
0.11% |
IDFC First Bank Limited |
0.09% |
Small Industries Dev Bank of India |
0.08% |
Indian Railway Finance Corporation Limited |
0.06% |
Godrej Properties Limited |
0.06% |
Indian Oil Corporation Limited |
0.02% |
Corporate Bond Total |
11.66% |
Government Bond |
|
7.1% GOI (MD 08/04/2034) |
2.15% |
7.18% GOI (MD 14/08/2033) |
1.71% |
7.32% GOI (MD 13/11/2030) |
1.13% |
7.26% GOI (MD 06/02/2033) |
0.78% |
7.23% GOI (MD 15/04/2039) |
0.74% |
7.18% GOI (MD 24/07/2037) |
0.55% |
7.38% GOI (MD 20/06/2027) |
0.24% |
7.26% GOI (MD 22/08/2032) |
0.08% |
Government Bond Total |
7.38% |
Commercial Paper |
|
Export Import Bank of India |
1.78% |
IndoStar Capital Finance Limited |
0.21% |
Motilal Oswal Financial Services Limited |
0.17% |
ICICI Securities Limited |
0.11% |
Commercial Paper Total |
2.26% |
REIT |
|
Embassy Office Parks REIT |
0.69% |
REIT Total |
0.69% |
Zero Coupon Bond |
|
Hero Fincorp Limited |
0.63% |
Zero Coupon Bond Total |
0.63% |
State Government Bond |
|
7.49% MEGHALAYA SDL (MD 21/12/2027) |
0.28% |
6.99% Telangana SDL (MD 10/06/2028) |
0.12% |
7.61% Rajasthan SDL (MD 29/03/2027) |
0.11% |
7.59% Karnataka SDL (MD 29/03/2027) |
0.05% |
7.25% Punjab SDL (MD 14/06/2027) |
0.03% |
8.39% Andhra Pradesh SDL (MD 27/01/2026) |
0.01% |
State Government Bond Total |
0.61% |
Certificate of Deposit |
|
ICICI Bank Limited |
0.16% |
Punjab National Bank |
0.16% |
Union Bank of India |
0.16% |
Certificate of Deposit Total |
0.48% |
Reduced Value Bonds |
|
Power Grid Corporation of India Limited |
0.17% |
Reduced Value Bonds Total |
0.17% |
Cash & Other Receivables Total |
0.91% |
Total |
100.00% |
| Returns (in%) | |||||
| 1 Year | 3 Years | 5 years | Since inception | Value of 10000 invested Since Inception (in Rs.) | |
| Mirae Asset Aggressive Hybrid Fund | 25.36% |
13.99% |
14.83% |
13.15% |
30,124 |
| Scheme Benchmark* | 25.47% |
14.48% |
15.36% |
12.90% |
29,551 |
| Additional Benchmark** | 23.69% |
16.07% |
16.36% |
13.92% |
32,015 |
| NAV as on 30th June, 2024 | ₹ 30.124 | ||||
| Index Value (30th June, 2024) | Index Value of Scheme benchmark is 19,608.38 and BSE Sensex (TRI) is 1,21,991.93 | ||||
| Allotment Date | 29th July, 2015 | ||||
| Scheme Benchmark | *CRISIL Hybrid 35+65 -Aggressive Index | ||||
| Additional Benchmark | **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) respectively
Note: Returns for 1 year and below are absolute returns, Returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
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
| Period | Total Amount Invested | Mkt Value as on 30-June-2024 |
Since inception |
10,70,000 |
21,13,932 |
7 Years |
8,40,000 |
14,58,157 |
5 Years |
6,00,000 |
9,32,361 |
3 Years |
3,60,000 |
4,68,450 |
1 Year |
1,20,000 |
1,37,782 |
Returns (%) |
Period |
||||
Since inception |
7 Years |
5 Years |
3 Years |
1 Year |
|
Fund Return& (%) |
14.77 |
15.51 |
17.72 |
17.96 |
29.03 |
CRISIL Hybrid 35+65 - Aggressive Index& (%) |
14.75 |
15.63 |
17.68 |
18.13 |
29.03 |
BSE Sensex (TRI)& (%)## |
16.54 |
17.34 |
19.54 |
18.67 |
28.92 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 9.27% |
| Beta: | 0.98 |
| R Squared | 0.94 |
| Sharpe Ratio#: | 0.77 |
| Information Ratio | -0.22 |
| Portfolio Turnover Ratio | 0.66 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 June, 2024.^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.
| Regular Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
14-Feb-23 |
1.25 |
10.00 |
15.490 |
22-Mar-24 |
1.40 |
10.00 |
17.408 |
| Direct Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
14-Feb-23 |
1.50 |
10.00 |
18.300 |
22-Mar-24 |
1.70 |
10.00 |
20.840 |
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 Mirae Asset Aggressive Hybrid Fund- Regular & Direct Plan - IDCW Option
*Pursuant to notice cum addendum no. 62/2023, the name of schemes of Mirae Asset Mutual Fund has been changed with effect from December 15, 2023.
##Change in name of additional benchmark with effect from June 01, 2024.