Rating : ★ ★ ★ ★ ☆
Mirae Asset Hybrid Equity Fund -Regular Plan-Growth
 ÂAggressive Hybrid Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
2%
Asset Size
6545.17 Cr.
(As of 31 May, 2022)
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
Riskometer
Investors understand that their principal will be at Very High Risk.
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 manager
Mahendra Jajoo
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹0
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Infosys Ltd
5.78%
HDFC Bank Ltd
5.52%
ICICI Bank Ltd
5.26%
Reliance Industries Ltd
4.54%
Sector Allocation
About the Scheme Type
Aggressive Hybrid Funds are open ended schemes which invest a large portion of their assets – 65 to 80%, in equity and equity related instruments. The remaining, at least 20%, needs to be invested in debt instruments. Because of the debt component as well, they’re less risky as compared to pure play equity mutual funds but their returns are also less, for the same reason. These funds allow the fund manager to take advantage of arbitrage opportunities, meaning the fund manager can buy securities at a low price in one stock exchange and sell them ata higher price in the other.
Ratings
This fund is rated 4 stars by Morning Star Ratings.
★ ★ ★ ★ ☆
Overview of Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset was founded in 1997 in the wake of the Asian financial crisis with a vision of and dedication to serving clients in a way to help them build wealth for life with proven investment strategies.
As on 12th March 2019, Mirae Asset Management’s AUM (Assets under Management) had crossed the important threshold of Rs 25,000 Cr (Rs 22,000 in equity and Rs 3,100 in debt),
witnessing a growth of over 50% in calendar year 2018.
- Mirae Asset Global Investments (India) Pvt. Ltd. was established in India, in November 2007, with a seed capital of US$ 50 million
- Mirae Asset Mutual Fund is sponsored by Mirae Asset Global Investments Co. Limited, South Korea
- Mirae Asset present in India as a Foreign Institutional Investor (FII) since 2004
- Mirae Asset Global Investments India provides advisory services to Hong Kong & Korean offices
- Mix of domestic and international businesses providing stable growth for Mirae Asser India business