Mirae Asset Aggressive Hybrid Fund -Regular Plan-Growth

• Alpha -0.27%
• Beta 1.10
• Sharpe Ratio0.88
• Std Deviation 9.34%
• Tracking Error 2.74%

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 -Regular Plan-Growth has an AUM of 9404.54 crores & has delivered CAGR of 10.29% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.72%. The minimum investment in Mirae Asset Aggressive Hybrid Fund -Regular 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 DSP Aggressive Hybrid Fund Growth, Kotak Aggressive Hybrid Regular Growth, Mirae Asset Aggressive Hybrid Fund -Regular Plan-Growth, Canara Robeco Equity Hybrid Fund Growth, Sundaram Aggressive Hybrid Fund Growth. Mirae Asset Aggressive Hybrid Fund -Regular Plan-Growth has a sharpe ratio of 0.88 & a standard deviation of 9.34%.