Mirae Asset Hybrid Equity Fund -Regular Plan-Growth - Latest NAV ₹15.909, Returns, Performance & Portfolio

Mirae Asset Hybrid Equity Fund -Regular Plan-Growth

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    9.58%
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    (+0.07)15.909

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 14.5 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years9.58%
3 Years6.13%
1 Year6.73%
6 Months19.45%
Fund Details
ISININF769K01DE6
RiskModerately High risk
Fund TypeAggressive Allocation
NAV15.909
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd8.34%
HDFC Bank Ltd6.33%
Infosys Ltd4.66%
ICICI Bank Ltd4.31%
Tata Consultancy Services Ltd4.11%
Axis Bank Ltd3.3%
6.18% Govt Stock 20242.77%
State Bank of India2.54%
5.77% GOI 20302.5%
Larsen & Toubro Ltd2.49%

About Mirae Asset Hybrid Equity Fund

The objective of the scheme is to generate capital appreciation along with current income by investing in equity and equity related instruments, money market instruments and balance in debt.

Pros and Cons of Mirae Asset Hybrid Equity Fund

Investor can seek in Mirae Asset Hybrid Equity Fund:

  • Investment in strong growth companies with diversified portfolio at reasonable price.
  • This fund has lower risk alternative to a pure equity scheme.
  • Achieve stability through debt and aims to achieve favourable risks rewards returns.
  • Long term capital appreciation.

Fund Information and Statistics of Mirae Asset Hybrid Equity Fund

Inception/ Launch date

Mirae Asset Hybrid Equity Fund was launched on 29th July, 2015 by Mirae Asset Mutual Fund.

Risk level

The fund is moderately risky and ideal for investors with a medium investment horizon. It is suitable for investors looking for defensive opportunities.

Redemption

The redemption or the repurchase proceeds within 10 working days from the date of redemption or repurchase. The minimum redemption amount can be any number of units or any amount as requested by the unit holder at the time of redemption request.

Fund Manager

Mr.Neelesh Surana is managing the fund since the inception and Mr. Sudhir Kedia is looking after the Equity portion and Mr.Mahendra Jajoo is looking after the Debt portion.

Entry/ Exit Load

The entry load is not applicable for investing in Mirae Asset Hybrid Equity Fund. Whereas the exit load is 1% if redeemed within 1 year(365 days) from the date of purchase and if redeemed after 1 year (365 days) from the date of purchase the exit load is not applicable.

Tax benefits of investing in Mirae Hybrid Equity Fund

A short-term capital gain tax of 15% is applicable if sold within a year from the date of allotment, whereas long-term capital gains, in excess of Rs 1 lakh, will be taxed at 10% if sold after one year. A dividend distribution tax of 10% is also levied on dividends.

About Mirae Asset Mutual Fund

Mirae Asset is one of the leading mutual fund companies in India. It offers a wide range of schemes. This mutual fund is sponsored by Mirae Asset Global Investments Co. Limited, South Korea. In India it started in 2007 with a minimum capital of Rs.10 crore and has now been revised to Rs.50 crore ,Mirae Asset Mutual Fund had the arsenal to become a powerful fund house.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 14.5 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns