MIRAE ASSET
HYBRID EQUITY FUND - (MAHEF)

(Aggressive Hybrid Fund - An open ended hybrid scheme investing predominantly in equity and equity related instruments)
Details as on January 31, 2022
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 January 31, 2022
6,577.13
Net AUM (₹ Cr.) 6,541.60
Monthly Avg. Expense Ratio
(Including Statutory Levies)
as on January 31, 2022
Regular Plan: 1.81%
Direct Plan: 0.41%
**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 ₹ 24.513 ₹ 22.017
IDCW ₹ 19.355 ₹ 16.582
Volatility 15.75%
Beta: 1.10
R Squared 0.96
Sharpe Ratio#: 0.79
Information Ratio -0.07
Portfolio Turnover Ratio^ 0.67 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 January, 2022.^Basis last rolling 12 months.

Weighted Average Maturity 
3.76 Years
Modified Duration 
2.91 Years
Macaulay Duration
3.10 Years
Yield to Maturity 
5.77%
Record Date IDCW (₹) Face Value ( ₹) Cum Nav ( ₹)
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
23-Mar-21
1.20 per Unit
10
15.423

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
Finance
Can Fin Homes Limited
Healthcare Services
Apollo Hospitals Enterprise Limited
Consumer Non Durables
Varun Beverages Limited
Positions Exited
Stock
Healthcare Services
Vijaya Diagnostic Centre Limited
Transportation
Gateway Distriparks Limited
Positions Increased
Stock
Insurance
HDFC Life Insurance Company Limited
ICICI Lombard General Insurance Company Limited
Max Financial Services Limited
Pharmaceuticals
IPCA Laboratories Limited
Torrent Pharmaceuticals Limited
Industrial Products
Prince Pipes And Fittings Limited
Consumer Durables
Havells India Limited
Cement & Cement Products
Ambuja Cements Limited
Software
Infosys Limited
Petroleum Products
Reliance Industries Limited
Banks
State Bank of India
Auto
Tata Motors Limited
TVS Motor Company Limited
Finance
Housing Development Finance Corporation Limited
Positions Decreased
Stock
Auto
Ashok Leyland Limited
Maruti Suzuki India Limited
Banks
Axis Bank Limited
Telecom - Services
Bharti Airtel Limited
Industrial Products
Bharat Forge Limited
Insurance
SBI Life Insurance Company Limited

Portfolio Holdings % Allocation
Banks
HDFC Bank Ltd 5.68%
ICICI Bank Ltd 5.64%
State Bank of India 3.30%
Axis Bank Ltd 3.22%
Kotak Mahindra Bank Ltd 0.13%
Software
Infosys Ltd 5.27%
Tata Consultancy Services Ltd 3.43%
MphasiS Limited 1.19%
HCL Technologies Limited 0.46%
Finance
Housing Development Finance Corporation Ltd 1.87%
Cholamandalam Investment and Finance Company Limited 0.97%
SBI Cards and Payment Services Limited 0.75%
Muthoot Finance Limited 0.69%
Power Finance Corporation Ltd 0.63%
Can Fin Homes Limited 0.41%
Petroleum Products
Reliance Industries Ltd* 4.07%
Bharat Petroleum Corporation Limited 0.65%
Hindustan Petroleum Corporation Ltd 0.33%
Consumer Durables
Voltas Ltd 0.91%
Greenply Industries Limited 0.84%
Crompton Greaves Consumer Electricals Limited 0.74%
Bata India Limited 0.62%
Havells India Ltd 0.52%
Auto
Maruti Suzuki India Ltd 1.42%
Tata Motors Limited 1.27%
TVS Motor Company Ltd 0.50%
Ashok Leyland Limited 0.25%
Pharmaceuticals
Sun Pharmaceutical Industries Ltd 1.45%
IPCA Laboratories Limited 0.75%
Torrent Pharmaceuticals Ltd 0.53%
Natco Pharma Limited 0.52%
Insurance
SBI Life Insurance Company Limited 1.27%
Max Financial Services Ltd 0.84%
ICICI Lombard General Insurance Company Limited 0.72%
HDFC Life Insurance Company Ltd 0.39%
Consumer Non Durables
ITC Ltd 0.83%
Emami Limited 0.76%
Hindustan Unilever Ltd 0.59%
Britannia Industries Ltd 0.59%
Varun Beverages Limited 0.06%
Cement & Cement Products
Ambuja Cements Limited 1.80%
Nuvoco Vistas Corporation Limited 0.77%
Chemicals
Tatva Chintan Pharma Chem Limited 0.86%
Chemplast Sanmar Limited 0.82%
Vinati Organics Ltd 0.57%
Construction Project
Larsen & Toubro Ltd 2.09%
Healthcare Services
Apollo Hospitals Enterprise Limited 0.78%
Krishna Institute Of Medical Sciences Limited 0.74%
Fortis Healthcare Limited 0.46%
Industrial Products
Bharat Forge Limited 0.83%
Prince Pipes And Fittings Limited 0.81%
Ferrous Metals
Tata Steel Ltd 1.45%
Telecom - Services
Bharti Airtel Ltd 1.12%
Auto Ancillaries
Craftsman Automation Limited 0.77%
CEAT Limited 0.31%
Gas
Gujarat State Petronet Limited 1.01%
Capital Markets
UTI Asset Management Company Limited 0.86%
Other Services
Quess Corp Limited 0.84%
Leisure Services
Westlife Development Limited 0.57%
Transportation
Gateway Rail Freight Limited 0.43%
Aerospace & Defense
Bharat Electronics Ltd 0.43%
Financial Technology (FINTECH)
One 97 Communications Limited 0.28%
Retailing
Zomato Limited 0.12%
FSN E-Commerce Ventures Limited 0.01%
Equity Holding Total 73.78%
Government Bond
5.63% GOI (12/04/2026) 3.03%
6.18% GOI (04/11/2024) 2.27%
6.1% GOI (12/07/2031) 1.32%
6.64% GOI (16/06/2035) 1.10%
6.22% GOI (16/03/2035) 0.71%
Government Bond Total 8.42%
Corporate Bond
8.25% IIFL Finance Ltd (14/10/2023) 0.91%
7.1% Muthoot Finance Ltd (20/06/2024) 0.77%
5.74% REC Ltd (20/06/2024) 0.77%
5.27% National Bank For Agriculture and Rural Development (29/04/2024) 0.76%
6.15% L&T Finance Ltd (17/05/2023) 0.69%
5.53% National Bank For Agriculture and Rural Development (22/02/2024) 0.61%
6.4% Jamnagar Utilities & Power Private Ltd (29/09/2026) 0.52%
9% Muthoot Finance Ltd (19/04/2023) 0.43%
9.75% Muthoot Finance Ltd (27/02/2023) 0.40%
9.95% Food Corporation Of India (07/03/2022) 0.38%
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) 0.15%
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%
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 7.42%
Treasury Bill
182 Days Tbill (14/07/2022) 1.95%
182 Days Tbill (21/07/2022) 0.37%
364 Days Tbill (02/11/2022) 0.37%
Treasury Bill Total 2.70%
Commercial Paper
Tata Motors Finance Solutions Ltd (07/03/2022) 0.38%
Tata Motors Finance Ltd (21/12/2022) 0.36%
Commercial Paper Total 0.75%
Exchange Traded Funds
Mirae Asset Nifty 50 ETF 1.06%
Exchange Traded Funds Total 1.06%
Certificate of Deposit
Small Industries Dev Bank of India (18/03/2022) 0.18%
Certificate of Deposit Total 0.18%
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 0.18%
Cash & Other Receivables Total 5.51%
Total 100.00%

*Includes "Partly Paid Shares"


Growth of Rs. 10,000 invested at inception: 22,017

Returns (in%)
1 Yr 3 Yrs 5 Yrs SI
MAHEF
24.32
16.39
14.25
12.88
Scheme Benchmark*
20.91
16.24
13.75
12.24
Additional Benchmark**
26.45
18.26
17.33
13.43
NAV as on 31st January, 2022 22.017
Index Value (31st January, 2022) Index Value of Scheme benchmark is 14,076.63 and S&P BSE Sensex (TRI) is 86,594.54
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-January-2022
SI
780,000
1,273,860
5 Yrs
600,000
886,894
3 Yr
360,000
485,011
1 Yr
120,000
129,246

Returns (%)
Period
SI
5yrs
3yrs
1yr
Fund Return& (%)
14.88
15.62
20.31
14.53
Benchmark Return& (%)
14.32
15.14
19.24
12.78
Add. Benchmark Return& (%)
17.02
18.22
23.21
16.41

& 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