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) For Mirae Asset Tax Saver Fund only growth and IDCW payout option are available. |
| Monthly Average AUM (₹ Cr.) as on November 30, 2021 | 6,359.57 |
| Net AUM (₹ Cr.) | 6,229.43 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on November 30, 2021 |
Regular Plan: 1.80% Direct Plan: 0.38% |
| **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 | ₹ 24.125 | ₹ 21.721 |
| IDCW | ₹ 19.048 | ₹ 16.359 |
| Volatility | 15.86% |
| Beta: | 1.10 |
| R Squared | 0.97 |
| Sharpe Ratio#: | 0.78 |
| Information Ratio | -0.09 |
| Portfolio Turnover Ratio^ | 0.72 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 30th November, 2021.^Basis last rolling 12 months. |
|
Weighted Average Maturity |
4.06 Years |
Modified Duration |
3.15 Years |
Macaulay Duration |
3.34 Years |
Yield to Maturity |
5.71% |
| 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 |
| Chemicals |
| Chemplast Sanmar Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Positions Exited |
| Stock |
| Pharmaceuticals |
| Divi's Laboratories Limited |
| Finance |
| Equitas Holdings Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Chemicals |
| Sudarshan Chemical Industries Limited |
| Positions Increased |
| Stock |
| Auto |
| Ashok Leyland Limited |
| Chemicals |
| Clean Science and Technology Limited |
| Tatva Chintan Pharma Chem Limited |
| Consumer Durables |
| Voltas Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Finance |
| Cholamandalam Investment and Finance Company Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals |
| Dr. Reddy's Laboratories Limited |
| Positions Decreased |
| Stock |
| Capital Markets |
| UTI Asset Management Company Limited |
| Chemicals |
| SRF Limited |
| Consumer Durables |
| Havells India Limited |
| Consumer Non Durables |
| Dabur India Limited |
| Hindustan Unilever Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Insurance |
| HDFC Life Insurance Company Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 5.90% | |
| ICICI Bank Ltd | 5.37% | |
| Axis Bank Ltd | 3.25% | |
| State Bank of India | 2.72% | |
| Kotak Mahindra Bank Ltd | 0.15% | |
| Software | ||
| Infosys Ltd | 5.26% | |
| Tata Consultancy Services Ltd | 3.15% | |
| MphasiS Ltd | 1.16% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 3.80% | |
| Bharat Petroleum Corporation Ltd | 0.64% | |
| Hindustan Petroleum Corporation Ltd | 0.23% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 1.82% | |
| Muthoot Finance Ltd | 0.71% | |
| Cholamandalam Investment and Finance Company Ltd | 0.68% | |
| Power Finance Corporation Ltd | 0.63% | |
| SBI Cards and Payment Services Ltd | 0.59% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.85% | |
| Tata Motors Ltd | 0.89% | |
| TVS Motor Company Ltd | 0.54% | |
| Ashok Leyland Ltd | 0.44% | |
| Consumer Durables | ||
| Voltas Ltd | 0.97% | |
| Greenply Industries Ltd | 0.86% | |
| Crompton Greaves Consumer Electricals Ltd | 0.82% | |
| Havells India Ltd | 0.50% | |
| Bata India Ltd | 0.48% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 1.43% | |
| Torrent Pharmaceuticals Ltd | 1.03% | |
| Natco Pharma Ltd | 0.63% | |
| IPCA Laboratories Ltd | 0.52% | |
| Consumer Non Durables | ||
| ITC Ltd | 0.87% | |
| Emami Ltd | 0.81% | |
| Hindustan Unilever Ltd | 0.64% | |
| Britannia Industries Ltd | 0.52% | |
| Cement & Cement Products | ||
| Ambuja Cements Ltd | 1.79% | |
| Nuvoco Vistas Corporation Ltd | 0.96% | |
| Insurance | ||
| SBI Life Insurance Company Ltd | 1.44% | |
| Max Financial Services Ltd | 0.66% | |
| ICICI Lombard General Insurance Company Ltd | 0.45% | |
| HDFC Life Insurance Company Ltd | 0.01% | |
| Chemicals | ||
| Chemplast Sanmar Ltd | 0.89% | |
| Tatva Chintan Pharma Chem Ltd | 0.87% | |
| Vinati Organics Ltd | 0.51% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.03% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Ltd | 0.96% | |
| Vijaya Diagnostic Centre Ltd | 0.55% | |
| Fortis Healthcare Ltd | 0.50% | |
| Industrial Products | ||
| Bharat Forge Ltd | 0.82% | |
| Prince Pipes And Fittings Ltd | 0.70% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.50% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.29% | |
| Auto Ancillaries | ||
| Craftsman Automation Ltd | 0.80% | |
| CEAT Ltd | 0.35% | |
| Gas | ||
| Gujarat State Petronet Ltd | 1.11% | |
| Capital Markets | ||
| UTI Asset Management Company Ltd | 1.10% | |
| Other Services | ||
| Quess Corp Ltd | 1.09% | |
| Retailing | ||
| FSN E-Commerce Ventures Ltd | 0.49% | |
| Zomato Ltd | 0.48% | |
| Financial Technology (FINTECH) | ||
| PB Fintech Ltd | 0.59% | |
| One 97 Communications Ltd | 0.32% | |
| Leisure Services | ||
| Westlife Development Ltd | 0.66% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.45% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.34% | |
| Equity Holding Total | 73.57% | |
| Government Bond | ||
| 5.63% GOI (12/04/2026) | 3.21% | |
| 6.18% GOI (04/11/2024) | 2.40% | |
| 6.64% GOI (16/06/2035) | 1.19% | |
| 6.22% GOI (16/03/2035) | 0.77% | |
| 6.1% GOI (12/07/2031) | 0.63% | |
| Government Bond Total | 8.19% | |
| Corporate Bond | ||
| 8.25% IIFL Finance Ltd (14/10/2023) | 0.96% | |
| 7.1% Muthoot Finance Ltd (20/06/2024) | 0.81% | |
| 5.74% REC Ltd (20/06/2024) | 0.81% | |
| 5.27% National Bank For Agriculture and Rural Development (29/04/2024) | 0.80% | |
| 6.15% L&T Finance Ltd (17/05/2023) | 0.73% | |
| 5.53% National Bank For Agriculture and Rural Development (22/02/2024) | 0.65% | |
| 6.4% Jamnagar Utilities & Power Private Ltd (29/09/2026) | 0.56% | |
| 9% Muthoot Finance Ltd (19/04/2023) | 0.45% | |
| 9.75% Muthoot Finance Ltd (27/02/2023) | 0.42% | |
| 6.09% Power Finance Corporation Ltd (27/08/2026) | 0.24% | |
| 7.7% REC Ltd (10/12/2027) | 0.17% | |
| 5.24% Small Industries Dev Bank of India (26/03/2024) | 0.16% | |
| 5.5315% LIC Housing Finance Ltd (20/12/2024) | 0.16% | |
| 8.05% NTPC Ltd (05/05/2026) | 0.09% | |
| 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% | |
| 7.3% Power Grid Corporation of India Ltd (19/06/2027) | 0.05% | |
| 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 | 7.52% | |
| Commercial Paper | ||
| ICICI Securities Ltd (10/12/2021) | 0.80% | |
| Shriram Transport Finance Company Ltd (28/12/2021) | 0.40% | |
| Tata Motors Finance Solutions Ltd (07/03/2022) | 0.40% | |
| ICICI Securities Ltd (11/03/2022) | 0.24% | |
| LIC Housing Finance Ltd (12/08/2022) | 0.23% | |
| Commercial Paper Total | 2.07% | |
| Exchange Traded Funds | ||
| Mirae Asset Nifty 50 ETF | 1.32% | |
| Exchange Traded Funds Total | 1.32% | |
| State Government Bond | ||
| 7.74% Tamilnadu UDAY SDL (22/02/2024) | 0.17% | |
| 7.85% State Government Securities (15/03/2027) | 0.03% | |
| State Government Bond Total | 0.19% | |
| Cash & Other Receivables Total | 7.14% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAHEF | 28.23 |
15.81 |
14.74 |
13.00 |
| Scheme Benchmark* | 24.34 |
15.92 |
14.13 |
12.42 |
| Additional Benchmark** | 30.28 |
17.67 |
17.80 |
13.51 |
| NAV as on 30th November, 2021 | 21.721 | |||
| Index Value (30th November, 2021) | Index Value of Scheme benchmark is 13,945.97 and S&P BSE Sensex (TRI) is 85,134.56 |
|||
| 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 30-November-2021 |
SI |
760,000 |
1,237,074 |
5 Yrs |
600,000 |
895,313 |
3 Yr |
360,000 |
489,852 |
1 Yr |
120,000 |
132,731 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
15.20 |
16.02 |
21.07 |
20.27 |
Benchmark Return& (%) |
14.75 |
15.67 |
20.29 |
18.05 |
Add. Benchmark Return& (%) |
17.34 |
18.67 |
23.90 |
21.74 |
& 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 