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"
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