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 installments. |
| 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 Dividend Option (Payout & Re-investment) For Mirae Asset Tax Saver Fund only growth and dividend payout option are available. |
| Monthly Average AUM (₹ Cr.) as on February 28, 2021 | 4,734.31 |
| Net AUM (₹ Cr.) | 4,713.46 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2021 |
Regular Plan: 1.88% Direct Plan: 0.39% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 20.559 | ₹ 18.712 |
| Dividend | ₹ 17.585 | ₹ 15.300 |
| Volatility | 16.22% |
| Beta: | 0.96 |
| R Squared | 0.97 |
| Sharpe Ratio#: | 0.49 |
| Information Ratio | -0.49 |
| Portfolio Turnover Ratio^ | 1.05 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 27th February, 2021.^Basis last rolling 12 months. |
|
Weighted Average Maturity |
5.05 Years |
Modified Duration |
3.98 Years |
Macaulay Duration |
4.23 Years |
Yield to Maturity |
6.18% |
| Record Date | Dividend (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
17-Jul-17 |
0.25 per Unit |
10 |
12.215 |
06-Nov-17 |
0.20 per Unit |
10 |
12.720 |
19-Feb-19 |
0.80 per Unit |
10 |
12.831 |
16-Dec-19 |
0.80 per Unit |
10 |
13.381 |
Past Performance may or may not be sustained in future. Pursuant to payment of dividend the NAV of the dividend option of the scheme will fall to the extent of payout and statutory levy (if any). Dividend history is for MAHEF- Regular Plan - Dividend Option
| New Position Bought |
| Stock |
| Chemicals |
| Deepak Nitrite Limited |
| Banks |
| IndusInd Bank Limited |
| Finance |
| Muthoot Finance Limited |
| Hotels/ Resorts and Other Recreational Activities |
| Westlife Development Limited |
| Positions Exited |
| Stock |
| Pesticides |
| PI Industries Limited |
| Positions Increased |
| Stock |
| Auto |
| Ashok Leyland Limited |
| Auto Ancillaries |
| Balkrishna Industries Limited |
| CEAT Limited |
| Banks |
| Axis Bank Limited |
| HDFC Bank Limited |
| ICICI Bank Limited |
| State Bank of India |
| Construction Project |
| Larsen & Toubro Limited |
| Consumer Durables |
| Havells India Limited |
| Voltas Limited |
| Consumer Non Durables |
| Britannia Industries Limited |
| ITC Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Finance |
| ICICI Lombard General Insurance Company Limited |
| LIC Housing Finance Limited |
| Max Financial Services Limited |
| Power Finance Corporation Limited |
| Healthcare Services |
| Dr. Lal Path Labs Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Hindustan Petroleum Corporation Limited |
| Reliance Industries Limited |
| Pharmaceuticals |
| Divi's Laboratories Limited |
| Textile Products |
| Page Industries Limited |
| Positions Decreased |
| Stock |
| Auto |
| Maruti Suzuki India Limited |
| Banks |
| Kotak Mahindra Bank Limited |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Consumer Non Durables |
| Dabur India Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| SBI Life Insurance Company Limited |
| Industrial Products |
| SRF Limited |
| Pharmaceuticals |
| Dr. Reddy's Laboratories Limited |
| IPCA Laboratories Limited |
| Natco Pharma Limited |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 7.49% | |
| ICICI Bank Ltd | 5.92% | |
| Axis Bank Ltd | 4.08% | |
| State Bank of India | 3.45% | |
| Kotak Mahindra Bank Ltd | 0.96% | |
| IndusInd Bank Ltd | 0.52% | |
| Software | ||
| Infosys Ltd | 5.09% | |
| Tata Consultancy Services Ltd | 3.55% | |
| Coforge Ltd | 0.70% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 2.30% | |
| Power Finance Corporation Ltd | 1.16% | |
| SBI Life Insurance Company Ltd | 1.15% | |
| Max Financial Services Ltd | 0.95% | |
| UTI Asset Management Company Ltd | 0.76% | |
| Muthoot Finance Ltd | 0.55% | |
| ICICI Lombard General Insurance Company Ltd | 0.50% | |
| HDFC Life Insurance Company Ltd | 0.43% | |
| LIC Housing Finance Ltd | 0.23% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 5.12% | |
| Bharat Petroleum Corporation Ltd | 1.60% | |
| Hindustan Petroleum Corporation Ltd | 0.91% | |
| Pharmaceuticals | ||
| Dr. Reddy's Laboratories Ltd | 1.44% | |
| Sun Pharmaceutical Industries Ltd | 1.17% | |
| Torrent Pharmaceuticals Ltd | 1.15% | |
| Natco Pharma Ltd | 0.93% | |
| IPCA Laboratories Ltd | 0.82% | |
| Divi's Laboratories Ltd | 0.54% | |
| Consumer Non Durables | ||
| ITC Ltd | 1.43% | |
| Hindustan Unilever Ltd | 1.24% | |
| Dabur India Ltd | 0.98% | |
| Emami Ltd | 0.62% | |
| Britannia Industries Ltd | 0.54% | |
| Kansai Nerolac Paints Ltd | 0.24% | |
| Consumer Durables | ||
| Voltas Ltd | 1.41% | |
| Crompton Greaves Consumer Electricals Ltd | 1.08% | |
| Havells India Ltd | 0.72% | |
| Auto | ||
| Maruti Suzuki India Ltd | 2.26% | |
| Ashok Leyland Ltd | 0.63% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.91% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 1.87% | |
| Chemicals | ||
| Deepak Nitrite Ltd | 1.13% | |
| Sudarshan Chemical Industries Ltd | 0.50% | |
| Industrial Products | ||
| SRF Ltd | 1.03% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.03% | |
| Gas | ||
| Gujarat State Petronet Ltd | 0.96% | |
| Auto Ancillaries | ||
| CEAT Ltd | 0.45% | |
| Balkrishna Industries Ltd | 0.42% | |
| Hotels/ Resorts and Other Recreational Activities | ||
| Westlife Development Ltd | 0.80% | |
| Construction | ||
| Kajaria Ceramics Ltd | 0.53% | |
| Healthcare Services | ||
| Dr. Lal Path Labs Ltd | 0.29% | |
| Textile Products | ||
| Page Industries Ltd | 0.29% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.25% | |
| Equity Holding Total | 76.11% | |
| Government Bond | ||
| 6.18% GOI (04/11/2024) | 2.83% | |
| 5.79% GOI (11/05/2030) | 1.73% | |
| 7.27% GOI (08/04/2026) | 1.34% | |
| 5.15% GOI (09/11/2025) | 0.62% | |
| 6.45% GOI (07/10/2029) | 0.42% | |
| 6.19% GOI (16/09/2034) | 0.30% | |
| 5.77% GOI (03/08/2030) | 0.20% | |
| Government Bond Total | 7.46% | |
| Corporate Bond | ||
| 9% Muthoot Fin Ltd (19/04/2023) | 0.59% | |
| 9.75% Muthoot Finance Ltd (27/02/23) | 0.56% | |
| 7.70% REC Ltd (10/12/2027) | 0.22% | |
| 8.90% Aadhar Housing Fin Ltd (26/03/2021) | 0.21% | |
| 5.5315% LIC Hsg Fin (20/12/2024) | 0.21% | |
| 9.1899% Indostar Cap Fin Ltd (27/03/21) | 0.13% | |
| 7.45% LIC Hsg Fin Ltd (17/10/2022) | 0.11% | |
| 7.6% LIC Hsg Fin Ltd (22/11/2022) | 0.11% | |
| 7.55% REC Ltd (26/09/2023) | 0.11% | |
| 8.05% NTPC Ltd (05/05/2026) | 0.11% | |
| 7.55% REC Ltd (26/09/2022) | 0.11% | |
| 8.595% LIC Hsg Fin (14/01/2022) | 0.05% | |
| 7.6653% L&T Infra Fin Co Ltd (18/03/2022) | 0.05% | |
| Corporate Bond Total | 2.58% | |
| Exchange Traded Funds | ||
| Mirae Asset Nifty 50 ETF | 1.70% | |
| Exchange Traded Funds Total | 1.70% | |
| State Government Bond | ||
| 7.74% Tamilnadu UDAY SDL (22/02/2024) | 0.22% | |
| State Government Bond Total | 0.22% | |
| Zero Coupon Bond | ||
| Edelweiss Rur & Corp Serv Ltd (15/04/2021) | 0.19% | |
| Zero Coupon Bond Total | 0.19% | |
| Cash & Other Receivables Total | 11.74% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Returns (%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAHEF | 28.84 |
12.77 |
15.55 |
11.90 |
| Scheme Benchmark* | 25.61 |
11.36 |
15.01 |
11.41 |
| Additional Benchmark** | 30.00 |
14.22 |
17.89 |
12.24 |
| NAV as on 26th Febraury, 2021 | 18,712 | |||
| Index Value (26th February, 2021) | Index Value of Scheme benchmark is 12,135.96 and S&P BSE Sensex (TRI) is 72,642.78. | |||
| Allotment Date | 29th July, 2015 | |||
| Scheme Benchmark | *CRISIL Hybrid 35+65 -Aggressive Index | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2.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)
| Period | Total Amount Invested | Mkt Value as on 26-Febraury-2021 |
SI |
670,000 |
982,280 |
3 Yrs |
600,000 |
849,729 |
1 Yr |
360,000 |
462,461 |
1 Yr |
120,000 |
148,855 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
13.65 |
13.94 |
17.06 |
48.37 |
Benchmark Return& (%) |
14.32 |
13.83 |
18.69 |
49.37 |
Add. Benchmark Return& (%) |
15.93 |
16.62 |
19.81 |
62.49 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
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
• Degree of risk – Very High
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
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 