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 April 29, 2022 | 6,723.69 |
| Net AUM (₹ Cr.) | 6,648.52 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on April 29, 2022 |
Regular Plan: 1.77% Direct Plan: 0.45% |
| **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 | ₹ 24.030 | ₹ 21.513 |
| IDCW | ₹ 17.475 | ₹ 14.957 |
| Volatility | 16.07% |
| Beta: | 1.11 |
| R Squared | 0.97 |
| Sharpe Ratio#: | 0.57 |
| Information Ratio | -0.30 |
| Portfolio Turnover Ratio | 0.56 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 29th April, 2022.^Basis last rolling 12 months. |
|
Weighted Average Maturity |
3.18 Years |
Modified Duration |
2.50 Years |
Macaulay Duration |
2.66 Years |
Yield to Maturity |
5.96% |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
19-Feb-19 |
0.71 per Unit |
10 |
12.611 |
16-Dec-19 |
0.71 per Unit |
10 |
13.498 |
23-Mar-21 |
1.20 per Unit |
10 |
15.423 |
28-Mar-22 |
1.25 per Unit |
10 |
16.283 |
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 |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Power |
| NTPC Limited |
| Positions Exited |
| Stock |
| Healthcare Services |
| Apollo Hospitals Enterprise Limited |
| Retailing |
| Zomato Limited |
| Positions Increased |
| Stock |
| Banks |
| Axis Bank Limited |
| State Bank of India |
| Capital Markets |
| UTI Asset Management Company Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Bata India Limited |
| Havells India Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Muthoot Finance Limited |
| SBI Cards and Payment Services Limited |
| Gas |
| Gujarat State Petronet Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Laurus Labs Limited |
| Positions Decreased |
| Stock |
| Banks |
| HDFC Bank Limited |
| Chemicals & Petrochemicals |
| Chemplast Sanmar Limited |
| Consumer Durables |
| Voltas Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| ITC Limited |
| Finance |
| Cholamandalam Investment and Finance Company Ltd |
| Insurance |
| HDFC Life Insurance Company Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 5.36% | |
| HDFC Bank Ltd | 4.79% | |
| Axis Bank Ltd | 3.31% | |
| State Bank of India | 3.11% | |
| Kotak Mahindra Bank Ltd | 0.13% | |
| IT - Software | ||
| Infosys Ltd | 4.76% | |
| Tata Consultancy Services Ltd | 2.68% | |
| MphasiS Ltd | 0.88% | |
| Coforge Ltd | 0.60% | |
| HCL Technologies Ltd | 0.45% | |
| Petroleum Products | ||
| Reliance Industries Ltd | 4.69% | |
| Hindustan Petroleum Corporation Ltd | 0.56% | |
| Bharat Petroleum Corporation Ltd | 0.18% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 1.97% | |
| SBI Cards and Payment Services Ltd | 0.89% | |
| Muthoot Finance Ltd | 0.78% | |
| Power Finance Corporation Ltd | 0.60% | |
| Cholamandalam Investment and Finance Company Ltd | 0.57% | |
| Can Fin Homes Ltd | 0.49% | |
| Consumer Durables | ||
| Havells India Ltd | 0.95% | |
| Bata India Ltd | 0.93% | |
| Greenply Industries Ltd | 0.85% | |
| Voltas Ltd | 0.76% | |
| Crompton Greaves Consumer Electricals Ltd | 0.66% | |
| Kajaria Ceramics Ltd | 0.58% | |
| Asian Paints Ltd | 0.46% | |
| Pharmaceuticals & Biotechnology | ||
| Sun Pharmaceutical Industries Ltd | 1.59% | |
| Aurobindo Pharma Ltd | 0.76% | |
| IPCA Laboratories Ltd | 0.72% | |
| Laurus Labs Ltd | 0.72% | |
| Torrent Pharmaceuticals Ltd | 0.55% | |
| Natco Pharma Ltd | 0.44% | |
| Automobiles | ||
| Maruti Suzuki India Ltd | 1.43% | |
| Tata Motors Ltd | 1.15% | |
| TVS Motor Company Ltd | 0.48% | |
| Insurance | ||
| SBI Life Insurance Company Ltd | 1.12% | |
| Max Financial Services Ltd | 0.83% | |
| ICICI Lombard General Insurance Company Ltd | 0.73% | |
| HDFC Life Insurance Company Ltd | 0.09% | |
| Cement & Cement Products | ||
| Ambuja Cements Ltd | 1.81% | |
| Nuvoco Vistas Corporation Ltd | 0.48% | |
| Construction | ||
| Larsen & Toubro Ltd | 2.06% | |
| Chemicals & Petrochemicals | ||
| Tatva Chintan Pharma Chem Ltd | 0.80% | |
| Vinati Organics Ltd | 0.79% | |
| Chemplast Sanmar Ltd | 0.47% | |
| Industrial Products | ||
| Bharat Forge Ltd | 0.92% | |
| Prince Pipes And Fittings Ltd | 0.79% | |
| Diversified FMCG | ||
| ITC Ltd | 0.98% | |
| Hindustan Unilever Ltd | 0.63% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.48% | |
| Auto Components | ||
| Craftsman Automation Ltd | 0.83% | |
| CEAT Ltd | 0.31% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.11% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Ltd | 0.63% | |
| Fortis Healthcare Ltd | 0.44% | |
| Gas | ||
| Gujarat State Petronet Ltd | 0.97% | |
| Capital Markets | ||
| UTI Asset Management Company Ltd | 0.79% | |
| Personal Products | ||
| Emami Ltd | 0.74% | |
| Beverages | ||
| Varun Beverages Ltd | 0.61% | |
| Food Products | ||
| Britannia Industries Ltd | 0.59% | |
| Leisure Services | ||
| Westlife Development Ltd | 0.54% | |
| Power | ||
| NTPC Ltd | 0.52% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.48% | |
| Transport Services | ||
| Gateway Distriparks Ltd | 0.45% | |
| Agricultural, Commercial & Construction Vehicles | ||
| Ashok Leyland Ltd | 0.44% | |
| Financial Technology (Fintech) | ||
| One 97 Communications Ltd | 0.17% | |
| Retailing | ||
| FSN E-Commerce Ventures Ltd | 0.01% | |
| Equity Holding Total | 73.43% | |
| Government Bond | ||
| 5.63% GOI (12/04/2026) | 3.06% | |
| 6.18% GOI (04/11/2024) | 2.20% | |
| 5.74% GOI (15/11/2026) | 0.73% | |
| 6.64% GOI (16/06/2035) | 0.71% | |
| 6.22% GOI (16/03/2035) | 0.68% | |
| 6.1% GOI (12/07/2031) | 0.63% | |
| 6.54% GOI (17/01/2032) | 0.58% | |
| Government Bond Total | 8.59% | |
| Corporate Bond | ||
| 8.25% IIFL Finance Ltd (14/10/2023) ** | 0.90% | |
| 7.1% Muthoot Finance Ltd (20/06/2024) ** | 0.76% | |
| 5.74% REC Ltd (20/06/2024) ** | 0.75% | |
| 5.27% National Bank For Agriculture and Rural Development (29/04/2024) ** | 0.74% | |
| 6.15% L&T Finance Ltd (17/05/2023) ** | 0.68% | |
| 5.53% National Bank For Agriculture and Rural Development (22/02/2024) ** | 0.60% | |
| 6.4% Jamnagar Utilities & Power Private Ltd (29/09/2026) ** | 0.51% | |
| 9% Muthoot Finance Ltd (19/04/2023) ** | 0.42% | |
| 9.75% Muthoot Finance Ltd (27/02/2023) ** | 0.39% | |
| 6.09% Power Finance Corporation Ltd (27/08/2026) ** | 0.22% | |
| 7.7% REC Ltd (10/12/2027) ** | 0.16% | |
| 5.24% Small Industries Dev Bank of India (26/03/2024) ** | 0.15% | |
| 5.5315% LIC Housing Finance Ltd (20/12/2024) ** | 0.15% | |
| 8.48% LIC Housing Finance Ltd (29/06/2026) ** | 0.08% | |
| 8.05% NTPC Ltd (05/05/2026) ** | 0.08% | |
| 8.45% LIC Housing Finance Ltd (22/05/2026) ** | 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% | |
| 7.03% REC Ltd (07/09/2022) | 0.08% | |
| 6.57% National Bank For Agriculture and Rural Development (01/06/2027) ** | 0.02% | |
| Corporate Bond Total | 7.05% | |
| Treasury Bill | ||
| 182 Days Tbill (14/07/2022) | 1.94% | |
| 182 Days Tbill (21/07/2022) | 0.37% | |
| 364 Days Tbill (02/11/2022) | 0.37% | |
| Treasury Bill Total | 2.68% | |
| Commercial Paper | ||
| IGH Holdings Private Ltd (15/06/2022) ** | 0.75% | |
| Sundaram Home Finance Ltd (29/07/2022) ** | 0.74% | |
| Tata Motors Finance Ltd (21/12/2022) ** | 0.36% | |
| National Bank For Agriculture and Rural Development (30/08/2022) ** | 0.22% | |
| Export Import Bank of India (28/09/2022) ** | 0.22% | |
| Housing Development Finance Corporation Ltd (20/01/2023) ** | 0.22% | |
| Commercial Paper Total | 2.52% | |
| Exchange Traded Funds | ||
| Mirae Asset Nifty 50 ETF | 0.74% | |
| Exchange Traded Funds Total | 0.74% | |
| State Government Bond | ||
| 7.74% Tamilnadu UDAY SDL (22/02/2024) | 0.16% | |
| 7.59% Karnataka SDL (29/03/2027) | 0.06% | |
| 7.25% Punjab SDL (14/06/2027) | 0.05% | |
| 7.85% Rajasthan SDL (15/03/2027) | 0.02% | |
| State Government Bond Total | 0.29% | |
| Certificate of Deposit | ||
| Axis Bank Ltd (11/11/2022) ** # | 0.22% | |
| Certificate of Deposit Total | 0.22% | |
| Cash & Other Receivables Total | 4.48% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAHEF | 13.95% |
13.14% |
12.02% |
12.01% |
| Scheme Benchmark* | 12.93% |
14.15% |
12.27% |
11.77% |
| Additional Benchmark** | 18.19% |
14.77% |
15.10% |
12.67% |
| NAV as on 29th April, 2022 | 21.513 | |||
| Index Value (29th April, 2022) | Index Value of Scheme benchmark is 14,072.34 and S&P BSE Sensex (TRI) is 85,330.82 | |||
| Allotment Date | 29th July, 2015 | |||
| Scheme Benchmark | *CRISIL Hybrid 35+65 -Aggressive Index | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
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)
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
| Period | Total Amount Invested | Mkt Value as on 29-April-2022 |
SI |
810,000 |
1,274,401 |
5 Yrs |
600,000 |
840,046 |
3 Yr |
360,000 |
458,273 |
1 Yr |
120,000 |
121,424 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
13.24 |
13.46 |
16.39 |
2.24 |
Benchmark Return& (%) |
13.37 |
13.92 |
16.87 |
5.49 |
Add. Benchmark Return& (%) |
15.49 |
16.10 |
19.58 |
4.77 |
& 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 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option