Mirae Asset Hybrid-Equity Fund -Regular Plan-Growth

(Erstwhile Mirae Asset Prudence Fund)
Fund House: Mirae Asset Mutual Fund
Category: Hybrid: Aggressive
Launch Date: 01-07-2015
Asset Class: Mixed Asset
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Expense Ratio: 1.79% As on (31-08-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 7,052.63 Cr As on (31-08-2022)
Turn over: 62% | Exit Load: For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

21.78

11.44%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
5 Years 11 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The Scheme seeks to generate capital appreciation along with current income from a combined portfolio of equity & equity related instruments and debt and money market instruments.

Current Asset Allocation (%)

Indicators

Volatility -
Sharp Ratio 0.75
Alpha 0.36
Beta 0.87
Yield to Maturity 6.83
Average Maturity 3.06

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Mirae Asset Hybrid-Equity Fund -Regular Plan-Growth 01-07-2015 -1.06 19.47 13.82 10.95 -
Quant Absolute Fund - Growth Option - Regular Plan 21-03-2001 11.76 37.53 30.18 19.11 17.27
ICICI Prudential Equity & Debt Fund - Growth 05-11-1999 7.04 35.32 20.48 13.75 15.86
Edelweiss Aggressive Hybrid Fund- Plan B-Growth Option 16-06-2009 3.85 23.5 14.96 11.2 11.67
Edelweiss Aggressive Hybrid Fund - Regular Plan - Growth Option 12-08-2009 3.8 23.48 14.93 11.19 11.66
Kotak Equity Hybrid - Growth 01-11-2014 3.39 24.84 17.14 11.92 -
HDFC Hybrid Equity Fund - Growth Plan 01-04-2005 3.19 24.79 14.77 10.56 14.11
Tata Hybrid Equity Fund- Regular Plan - Growth Option 08-10-1995 2.0 22.38 13.29 9.23 12.63
Nippon India Equity Hybrid Fund - Growth Plan 05-06-2005 1.9 24.42 8.34 5.01 10.56
UTI - Hybrid Equity Fund - Regular Plan - Growth 20-03-1995 1.07 24.9 15.82 9.18 11.75

Scheme Characteristics

Equity & Equity related instruments - between 65% and 80% of total assets; Debt instruments - between 20% and 35% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

9.2%

Others

28.95%

Large Cap

52.25%

Mid Cap

9.57%

Scheme Documents

Factsheet for August 2022

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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