Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth

• Alpha 1.28%
• Beta 1.10
• Sharpe Ratio0.59
• Std Deviation 11.06%
• Tracking Error 2.75%

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.

The Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth has an AUM of 9530.01 crores & has delivered CAGR of 13.19% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.40%. The minimum investment in Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth is Rs 5000 and the minimum SIP is Rs 99.

As per morningstar the risk & return rating of the fund are Moderate & High respectively.

The top holdings of the fund include HDFC Bank, State Bank of India, ICICI Bank & Bharti Airtel.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Biotechnology & Drugs & Construction Services.

Some of the similar funds are Kotak Aggressive Hybrid Direct Growth, DSP Aggressive Hybrid Fund Direct Plan Growth, Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth, Canara Robeco Equity Hybrid Fund Direct Plan Growth, Sundaram Aggressive Hybrid Fund Direct Plan Growth. Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth has a sharpe ratio of 0.59 & a standard deviation of 11.06%.