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 May 31, 2022 | 6,427.49 |
| Net AUM (₹ Cr.) | 6,545.17 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on May 31, 2022 |
Regular Plan: 1.81% Direct Plan: 0.42% |
| **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 | ₹ 23.410 | ₹ 20.932 |
| IDCW^ | ₹ 17.024 | ₹ 14.554 |
| Volatility | 16.20% |
| Beta: | 1.11 |
| R Squared | 0.97 |
| Sharpe Ratio#: | 0.45 |
| Information Ratio | -0.25 |
| Portfolio Turnover Ratio | 0.58 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 May, 2022.^Basis last rolling 12 months. |
|
Weighted Average Maturity |
3.01 Years |
Modified Duration |
2.35 Years |
Macaulay Duration |
2.52 Years |
Yield to Maturity |
6.65% |
| 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 |
| Non - Ferrous Metals |
| Hindalco Industries Limited |
| Personal Products |
| Dabur India Limited |
| Transport Services |
| Delhivery Limited |
| Positions Exited |
| Stock |
| Pharmaceuticals & Biotechnology |
| IPCA Laboratories Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Positions Increased |
| Stock |
| Telecom - Services |
| Bharti Airtel Limited |
| Power |
| NTPC Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| IT - Software |
| Infosys Limited |
| HCL Technologies Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Laurus Labs Limited |
| Banks |
| HDFC Bank Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Construction |
| Larsen & Toubro Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Leisure Services |
| Westlife Development Limited |
| Finance |
| Cholamandalam Investment and Finance Company Ltd |
| SBI Cards and Payment Services Limited |
| Muthoot Finance Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Havells India Limited |
| Positions Decreased |
| Stock |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Diversified FMCG |
| ITC Limited |
| Insurance |
| HDFC Life Insurance Company Limited |
| Consumer Durables |
| Asian Paints Limited |
| Voltas Limited |
| Finance |
| Power Finance Corporation Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 5.51% | |
| HDFC Bank Ltd | 5.09% | |
| Axis Bank Ltd | 3.16% | |
| State Bank of India | 2.98% | |
| Kotak Mahindra Bank Ltd | 0.13% | |
| IT - Software | ||
| Infosys Ltd | 5.04% | |
| Tata Consultancy Services Ltd | 2.58% | |
| MphasiS Limited | 0.81% | |
| Coforge Limited | 0.57% | |
| HCL Technologies Limited | 0.47% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 2.07% | |
| SBI Cards and Payment Services Limited | 0.92% | |
| Muthoot Finance Limited | 0.72% | |
| Cholamandalam Investment and Finance Company Ltd | 0.63% | |
| Power Finance Corporation Ltd | 0.54% | |
| Can Fin Homes Limited | 0.41% | |
| Petroleum Products | ||
| Reliance Industries Ltd | 4.49% | |
| Hindustan Petroleum Corporation Ltd | 0.58% | |
| Bharat Petroleum Corporation Limited | 0.17% | |
| Consumer Durables | ||
| Havells India Ltd | 0.98% | |
| Bata India Limited | 0.91% | |
| Kajaria Ceramics Ltd | 0.73% | |
| Greenply Industries Limited | 0.73% | |
| Crompton Greaves Consumer Electricals Limited | 0.63% | |
| Voltas Ltd | 0.53% | |
| Asian Paints Ltd | 0.00% | |
| Pharmaceuticals & Biotechnology | ||
| Sun Pharmaceutical Industries Ltd | 1.50% | |
| Laurus Labs Limited | 0.75% | |
| Aurobindo Pharma Ltd | 0.71% | |
| Torrent Pharmaceuticals Ltd | 0.56% | |
| Natco Pharma Limited | 0.39% | |
| Automobiles | ||
| Maruti Suzuki India Ltd | 1.38% | |
| Tata Motors Limited | 1.19% | |
| TVS Motor Company Ltd | 0.55% | |
| Insurance | ||
| SBI Life Insurance Company Limited | 1.21% | |
| Max Financial Services Ltd | 0.89% | |
| ICICI Lombard General Insurance Company Limited | 0.74% | |
| HDFC Life Insurance Company Ltd | 0.00% | |
| Construction | ||
| Larsen & Toubro Ltd | 2.12% | |
| Chemicals & Petrochemicals | ||
| Tatva Chintan Pharma Chem Limited | 0.82% | |
| Vinati Organics Ltd | 0.78% | |
| Chemplast Sanmar Limited | 0.38% | |
| Industrial Products | ||
| Bharat Forge Limited | 0.94% | |
| Prince Pipes And Fittings Limited | 0.76% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.59% | |
| Diversified FMCG | ||
| ITC Ltd | 0.83% | |
| Hindustan Unilever Ltd | 0.67% | |
| Cement & Cement Products | ||
| Ambuja Cements Limited | 0.98% | |
| Nuvoco Vistas Corporation Limited | 0.42% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.29% | |
| Personal Products | ||
| Emami Limited | 0.64% | |
| Dabur India Ltd | 0.59% | |
| Auto Components | ||
| Craftsman Automation Limited | 0.89% | |
| CEAT Limited | 0.29% | |
| Gas | ||
| Gujarat State Petronet Limited | 0.95% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Limited | 0.93% | |
| Transport Services | ||
| Gateway Distriparks Limited | 0.47% | |
| Delhivery Limited | 0.33% | |
| Capital Markets | ||
| UTI Asset Management Company Limited | 0.69% | |
| Food Products | ||
| Britannia Industries Ltd | 0.66% | |
| Power | ||
| NTPC Ltd | 0.62% | |
| Beverages | ||
| Varun Beverages Limited | 0.60% | |
| Leisure Services | ||
| Westlife Development Limited | 0.54% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.48% | |
| Non - Ferrous Metals | ||
| Hindalco Industries Limited | 0.45% | |
| Agricultural, Commercial & Construction Vehicles | ||
| Ashok Leyland Limited | 0.28% | |
| Financial Technology (Fintech) | ||
| One 97 Communications Limited | 0.20% | |
| Retailing | ||
| FSN E-Commerce Ventures Limited | 0.13% | |
| Equity Holding Total | 72.56% | |
| Government Bond | ||
| 5.63% GOI (12/04/2026) | 3.05% | |
| 6.18% GOI (04/11/2024) | 2.19% | |
| 6.54% GOI (17/01/2032) | 0.86% | |
| 6.64% GOI (16/06/2035) | 0.70% | |
| 5.74% GOI (15/11/2026) | 0.69% | |
| 6.22% GOI (16/03/2035) | 0.68% | |
| 6.1% GOI (12/07/2031) | 0.63% | |
| Government Bond Total | 8.81% | |
| 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) ** | 0.15% | |
| 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% | |
| 8.48% LIC Housing Finance Ltd (29/06/2026) ** | 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 | 7.06% | |
| Treasury Bill | ||
| 91 Days Tbill (11/08/2022) | 1.51% | |
| 182 Days Tbill (24/11/2022) | 1.41% | |
| 182 Days Tbill (21/07/2022) | 0.38% | |
| 364 Days Tbill (02/11/2022) | 0.37% | |
| Treasury Bill Total | 3.68% | |
| Commercial Paper | ||
| IGH Holdings Private Ltd (15/06/2022) ** | 0.76% | |
| Sundaram Home Finance Ltd (29/07/2022) ** | 0.76% | |
| Tata Motors Finance Ltd (21/12/2022) ** | 0.37% | |
| Tata Motors Finance Ltd (28/04/2023) ** | 0.36% | |
| National Bank For Agriculture and Rural Development (30/08/2022) | 0.23% | |
| Export Import Bank of India (28/09/2022) ** | 0.23% | |
| Housing Development Finance Corporation Ltd (20/01/2023) ** | 0.22% | |
| Commercial Paper Total | 2.92% | |
| Exchange Traded Funds | ||
| Mirae Asset Nifty 50 ETF | 0.73% | |
| Exchange Traded Funds Total | 0.73% | |
| State Government Bond | ||
| 7.74% Tamilnadu UDAY SDL (22/02/2024) | 0.15% | |
| 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 | 0.28% | |
| Certificate of Deposit | ||
| Axis Bank Ltd (11/11/2022) ** # | 0.22% | |
| Certificate of Deposit Total | 0.22% | |
| Cash & Other Receivables Total | 3.73% | |
| Total | 100.00% | |
** Thinly Traded / Non Traded Security # Unlisted Security
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAHEF | 5.13% |
11.54% |
10.88% |
11.40% |
| Scheme Benchmark* | 5.63% |
12.38% |
11.21% |
11.13% |
| Additional Benchmark** | 8.39% |
13.22% |
13.69% |
12.14% |
| NAV as on 31st May, 2022 | 20.932 | |||
| Index Value (31st May, 2022) | Index Value of Scheme benchmark is 13,660.51 and S&P BSE Sensex (TRI) is 83,483.01 | |||
| 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 31-May-2022 |
SI |
820,000 |
1,249,731 |
5 Yrs |
600,000 |
810,842 |
3 Yr |
360,000 |
442,453 |
1 Yr |
120,000 |
116,874 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
12.14 |
12.01 |
13.89 |
-4.81 |
Benchmark Return& (%) |
12.20 |
12.36 |
14.12 |
-2.16 |
Add. Benchmark Return& (%) |
14.50 |
14.79 |
17.44 |
-1.98 |
& 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