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Business News/Market/Market Stats/    Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth

Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth

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  • Hybrid
  • Aggressive Allocation
  • Rating 4
  • Plan
34.25 -0.05 (-0.14%) NAV as on 19 Jun, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)8545.85
  • CAGR 27.54%
  • Exit Load1.00%
  • Expense ratio0.37%
  • CategoryHybrid
  • Min Investment5000
  • Min SIP500
  • Launch Date2015-07-29

Morning Star Rating 4

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 20 June 2024

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha 1.28%
  • Beta 1.10
  • Sharpe Ratio0.94
  • Std Deviation 8.94%
  • Tracking Error 2.75%

About Fund

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 8545.85 crores & has delivered CAGR of 16.59% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.37%. The minimum investment in Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth is Rs 5000 and the minimum SIP is Rs 500.

 

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

 

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & State Bank Of India.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

 

Some of the similar funds are Kotak Equity Hybrid Direct Growth, Canara Robeco Equity Hybrid Fund Direct Plan Growth, Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth, DSP Equity & Bond Fund Direct Plan Growth, Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth. Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth has a sharpe ratio of 0.94 & a standard deviation of 8.94%.

FAQs about Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth

According to the morning star rating Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth has a Moderate risk & Exceptional return.
Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth is managed by Mahendra Jajoo,Vrijesh Kasera,Harshad Borawake.
The expense ratio of Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth is 0.37%.
The 5 year annualized return on Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth is 16.59% & it has generated 27.54% in the last 1 year.
The minimum investment in Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth is 5000 Rs.
Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth has an AUM of 8545.85 crores.
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