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Mirae Asset Hybrid Equity Fund -Regular Plan-Growth

3 yr CAGR
+15.34%
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Regular

Growth

Fund overview

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Net Asset Value

21.915
aum

AUM (Fund size)

6,245.63 Crore
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Lock-in period

No Lock-in
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Exit Load

1% in 365 days
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Expense ratio

1.81%
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Risk

Very High

Top holdings

HoldingsWeightage
Triparty Repo6.74%
HDFC Bank Ltd5.92%
ICICI Bank Ltd5.79%
Infosys Ltd5.01%
5.63% Govt Stock 20263.58%
Axis Bank Ltd3.17%
Tata Consultancy Services Ltd3.02%
State Bank of India2.86%
Reliance Industries Ltd Ordinary Shares (Partly Paid Rs.5)2.55%
6.18% Govt Stock 20242.39%

Calculate returns

Monthly (SIP)
One-Time
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

Top Sectors

About Mirae Asset Investment Managers (India) Private Limited

Mirae Asset was founded in 1997. Mirae Asset Mutual Fund is sponsored by Mirae Asset Global Investments Co. Limited, South Korea.

Managers

Mahendra Jajoo, Vrijesh Kasera, Harshad Borawake

Custodians

Deutsche Bank AG

Address

India

Fax Nos.

Telephone Nos.

Homepage

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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.

Start your investment
Monthly (SIP)
One-Time
Amount
Estimated value after 3 years

(as per historical returns)

2.33 Lakhs
Min investmentment of ₹1000 required
risk

3 easy steps to complete your investment

Complete the entire investment process in just three simple steps and enjoy your returns.

Select the amount to invest

Choose from 200+ mutual funds catered for you

Enter personal details

Complete your KYC and get registered

Pay and your are done!

Checkout and see your money grow

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Frequently Asked Questions

What are Balanced/Hybrid funds?

Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.

Who should invest in a Balanced/hybrid fund?

Balanced funds are suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation

Who should invest in a Balanced/hybrid fund?

Balanced funds are suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates

Is KYC necessary for BLACK?

KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.

What is a Mandate (Auto-SIP)?

A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.