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 in case of Monthly or 3 in case of 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 December 31, 2021 | 6,341.00 |
| Net AUM (₹ Cr.) | 6,450.06 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on December 31, 2021 |
Regular Plan: 1.82% Direct Plan: 0.37% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 24.533 | ₹ 22.062 |
| IDCW | ₹ 19.370 | ₹ 16.616 |
| Volatility | 15.76% |
| Beta: | 1.09 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 0.81 |
| Information Ratio | 0.07 |
| 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 31st December, 2021.^Basis last rolling 12 months. |
|
Weighted Average Maturity |
4.25 Years |
Modified Duration |
3.29 Years |
Macaulay Duration |
3.49 Years |
Yield to Maturity |
5.88% |
| Record Date | IDCW (₹) | 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 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 MAHEF- Regular Plan - IDCW Option
| New Position Bought |
| Stock |
| Software |
| HCL Technologies Limited |
| Positions Exited |
| Stock |
| Financial Technology (FINTECH) |
| PB Fintech Limited |
| Positions Increased |
| Stock |
| Finance |
| Cholamandalam Investment and Finance Company Limited |
| SBI Cards and Payment Services Limited |
| Housing Development Finance Corporation Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Reliance Industries Limited |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Banks |
| State Bank of India |
| HDFC Bank Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Financial Technology (FINTECH) |
| One 97 Communications Limited |
| Consumer Non Durables |
| Emami Limited |
| Britannia Industries Limited |
| Insurance |
| Max Financial Services Limited |
| Industrial Products |
| Bharat Forge Limited |
| Auto Ancillaries |
| Craftsman Automation Limited |
| Chemicals |
| Vinati Organics Limited |
| Auto |
| Tata Motors Limited |
| Consumer Durables |
| Bata India Limited |
| Pharmaceuticals |
| IPCA Laboratories Limited |
| Software |
| Tata Consultancy Services Limited |
| Positions Decreased |
| Stock |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Zomato Limited |
| Pharmaceuticals |
| Sun Pharmaceutical Industries Limited |
| Natco Pharma Limited |
| Torrent Pharmaceuticals Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Consumer Durables |
| Havells India Limited |
| Auto |
| Ashok Leyland Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 5.73% | |
| ICICI Bank Ltd | 5.37% | |
| Axis Bank Ltd | 3.25% | |
| State Bank of India | 2.72% | |
| Kotak Mahindra Bank Ltd | 0.13% | |
| Software | ||
| Infosys Ltd | 5.60% | |
| Tata Consultancy Services Ltd | 3.48% | |
| MphasiS Ltd | 1.32% | |
| HCL Technologies Ltd | 0.56% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 3.99% | |
| Bharat Petroleum Corporation Ltd | 0.64% | |
| Hindustan Petroleum Corporation Ltd | 0.31% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 1.84% | |
| Cholamandalam Investment and Finance Company Ltd | 0.82% | |
| SBI Cards and Payment Services Ltd | 0.80% | |
| Muthoot Finance Ltd | 0.72% | |
| Power Finance Corporation Ltd | 0.62% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.88% | |
| Tata Motors Ltd | 1.10% | |
| TVS Motor Company Ltd | 0.47% | |
| Ashok Leyland Ltd | 0.39% | |
| Consumer Durables | ||
| Voltas Ltd | 0.95% | |
| Greenply Industries Ltd | 0.86% | |
| Crompton Greaves Consumer Electricals Ltd | 0.77% | |
| Bata India Ltd | 0.57% | |
| Havells India Ltd | 0.40% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 1.49% | |
| IPCA Laboratories Ltd | 0.70% | |
| Torrent Pharmaceuticals Ltd | 0.53% | |
| Natco Pharma Ltd | 0.52% | |
| Consumer Non Durables | ||
| ITC Ltd | 0.83% | |
| Emami Ltd | 0.81% | |
| Hindustan Unilever Ltd | 0.63% | |
| Britannia Industries Ltd | 0.61% | |
| Cement & Cement Products | ||
| Ambuja Cements Ltd | 1.83% | |
| Nuvoco Vistas Corporation Ltd | 0.86% | |
| Insurance | ||
| SBI Life Insurance Company Ltd | 1.44% | |
| Max Financial Services Ltd | 0.75% | |
| ICICI Lombard General Insurance Company Ltd | 0.42% | |
| HDFC Life Insurance Company Ltd | 0.01% | |
| Chemicals | ||
| Tatva Chintan Pharma Chem Ltd | 0.95% | |
| Chemplast Sanmar Ltd | 0.83% | |
| Vinati Organics Ltd | 0.58% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.10% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Ltd | 0.84% | |
| Vijaya Diagnostic Centre Ltd | 0.54% | |
| Fortis Healthcare Ltd | 0.51% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.51% | |
| Industrial Products | ||
| Bharat Forge Ltd | 0.85% | |
| Prince Pipes And Fittings Ltd | 0.65% | |
| Auto Ancillaries | ||
| Craftsman Automation Ltd | 0.86% | |
| CEAT Ltd | 0.35% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.17% | |
| Capital Markets | ||
| UTI Asset Management Company Ltd | 1.03% | |
| Gas | ||
| Gujarat State Petronet Ltd | 1.01% | |
| Other Services | ||
| Quess Corp Ltd | 1.00% | |
| Leisure Services | ||
| Westlife Development Ltd | 0.66% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.44% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.44% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Ltd | 0.41% | |
| Retailing | ||
| Zomato Ltd | 0.19% | |
| FSN E-Commerce Ventures Ltd | 0.02% | |
| Equity Holding Total | 73.64% | |
| Government Bond | ||
| 5.63% GOI (12/04/2026) | 3.24% | |
| 6.18% GOI (04/11/2024) | 2.30% | |
| 6.1% GOI (12/07/2031) | 1.36% | |
| 6.64% GOI (16/06/2035) | 1.14% | |
| 6.22% GOI (16/03/2035) | 0.73% | |
| Government Bond Total | 8.76% | |
| Corporate Bond | ||
| 8.25% IIFL Finance Ltd (14/10/2023) | 0.92% | |
| 7.1% Muthoot Finance Ltd (20/06/2024) | 0.79% | |
| 5.74% REC Ltd (20/06/2024) | 0.78% | |
| 5.27% National Bank For Agriculture and Rural Development (29/04/2024) | 0.77% | |
| 6.15% L&T Finance Ltd (17/05/2023) | 0.70% | |
| 9.95% Food Corporation Of India (07/03/2022) | 0.67% | |
| 5.53% National Bank For Agriculture and Rural Development (22/02/2024) | 0.62% | |
| 6.4% Jamnagar Utilities & Power Private Ltd (29/09/2026) | 0.54% | |
| 9% Muthoot Finance Ltd (19/04/2023) | 0.43% | |
| 9.75% Muthoot Finance Ltd (27/02/2023) | 0.40% | |
| 6.09% Power Finance Corporation Ltd (27/08/2026) | 0.23% | |
| 7.7% REC Ltd (10/12/2027) | 0.16% | |
| 5.24% Small Industries Dev Bank of India (26/03/2024) | 0.16% | |
| 5.5315% LIC Housing Finance Ltd (20/12/2024) | 0.15% | |
| 8.05% NTPC Ltd (05/05/2026) | 0.08% | |
| 7.55% REC Ltd (26/09/2023) | 0.08% | |
| 7.6% LIC Housing Finance Ltd (22/11/2022) | 0.08% | |
| 7.55% REC Ltd (26/09/2022) | 0.08% | |
| 7.45% LIC Housing Finance Ltd (17/10/2022) | 0.08% | |
| 8.595% LIC Housing Finance Ltd (14/01/2022) | 0.04% | |
| 7.6653% L&T Finance Ltd (18/03/2022) | 0.04% | |
| 7.95% REC Ltd (12/03/2027) | 0.03% | |
| 6.57% National Bank For Agriculture and Rural Development (01/06/2027) | 0.02% | |
| Corporate Bond Total | 7.87% | |
| Commercial Paper | ||
| Tata Motors Finance Solutions Ltd (07/03/2022) | 0.38% | |
| Tata Motors Finance Ltd (21/12/2022) | 0.37% | |
| ICICI Securities Ltd (11/03/2022) | 0.23% | |
| LIC Housing Finance Ltd (12/08/2022) | 0.23% | |
| Commercial Paper Total | 1.21% | |
| Exchange Traded Funds | ||
| Mirae Asset Nifty 50 ETF | 1.29% | |
| Exchange Traded Funds Total | 1.29% | |
| State Government Bond | ||
| 7.74% Tamilnadu UDAY SDL (22/02/2024) | 0.16% | |
| 7.85% Rajasthan SDL (15/03/2027) | 0.02% | |
| State Government Bond Total | 0.19% | |
| Cash & Other Receivables Total | 7.04% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAHEF | 23.77 |
16.32 |
15.29 |
13.09 |
| Scheme Benchmark* | 19.74 |
16.05 |
14.71 |
12.47 |
| Additional Benchmark** | 23.23 |
18.62 |
18.31 |
13.68 |
| NAV as on 31st December, 2021 | 22.062 | |||
| Index Value (31st December, 2021) | Index Value of Scheme benchmark is 14,127.01 and S&P BSE Sensex (TRI) is 86,926.99 | |||
| 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 31-December-2021 |
SI |
770,000 |
1,266,588 |
5 Yrs |
600,000 |
899,178 |
3 Yr |
360,000 |
493,225 |
1 Yr |
120,000 |
132,118 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
15.31 |
16.19 |
21.55 |
19.24 |
Benchmark Return& (%) |
14.78 |
15.74 |
20.53 |
17.01 |
Add. Benchmark Return& (%) |
17.56 |
18.96 |
24.79 |
21.62 |
& 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
*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 