Mirae Asset Hybrid-Equity Fund -Regular Plan-Growth
(Erstwhile Mirae Asset Prudence Fund)
| Category: Hybrid: Aggressive |
| Launch Date: 05-07-2015 |
| Asset Class: Mixed Asset |
| Benchmark: CRISIL Hybrid 35+65 Aggressive Index |
| Expense Ratio: 1.91% As on (31-01-2020) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 3,380.33 Cr As on (31-01-2020) |
| Turn over: 171% | Exit Load: 1% for redemption within 365 days |
14.897
-0.39 (-2.618%)
9.06%
NIFTY 50 TRI 13.21%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
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 | - |
| Alpha | 1.33 |
| Beta | 1.2 |
| Yield to Maturity | 6.76 |
| Average Maturity | 3.46 |
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 | 05-07-2015 | 7.11 | 4.85 | 8.63 | - | - |
| BNP PARIBAS SUBSTANTIAL EQUITY HYBRID FUND- REGULAT PLAN -GROWTH OPTION | 01-04-2017 | 17.67 | 9.14 | - | - | - |
| DSP Equity & Bond Fund- Regular Plan - Growth | 27-05-1999 | 17.39 | 6.85 | 9.18 | 9.11 | 11.27 |
| Motilal Oswal Equity Hybrid Fund (MOFEH) - Regular Plan Growth Option | 05-09-2018 | 15.8 | - | - | - | - |
| SBI EQUITY HYBRID FUND - REGULAR PLAN -Growth | 01-12-1995 | 14.47 | 7.4 | 10.64 | 8.68 | 12.1 |
| Axis Equity Hybrid Fund - Regular Plan - Growth Option | 05-08-2018 | 13.94 | - | - | - | - |
| Canara Robeco Equity Hybrid Fund - Regular Plan - Growth | 01-02-1993 | 12.94 | 7.44 | 10.08 | 8.6 | 12.62 |
| Kotak Equity Hybrid - Growth | 01-11-2014 | 12.77 | 3.17 | 5.84 | 6.39 | - |
| LIC MF Equity Hybrid Fund-Regular Plan-Growth | 31-03-1991 | 12.63 | 5.19 | 6.39 | 3.59 | 7.6 |
| Sundaram Equity Hybrid Fund Regular Growth | 23-06-2000 | 10.88 | 6.82 | 9.19 | 7.27 | 8.3 |
Scheme Characteristics
Equity & Equity related instruments - between 65% and 80% of total assets; Debt instruments - between 20% and 35% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
3.15%
Others
27.83%
Large Cap
59.65%
Mid Cap
9.41%
Scheme Documents
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
