3 Year return
15.01%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹9294.49 Cr.
Expense Ratio
0.39% (inclusive of GST)
Exit Load
15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Mirae Asset Mutual Fund Managers
HB
Harshad Borawake
Fund Manager since Jan 2024
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
JM Aggressive Hybrid Fund |
25.14% |
3.5 |
Bank of India Mid and Small Cap Equity and Debt Fund |
21.97% |
3 |
Quant Absolute Fund |
20.1% |
4 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Hybrid Equity Fund Direct Plan Growth
Mirae Asset Hybrid Equity Fund Direct Plan Growth is an aggressive hybrid scheme that falls under the Mirae Asset Mutual Fund House, and is of the open-ended type. The scheme distributes fund allocation between equity and debt instruments on the basis of valuations, equity earnings growth, and the interest rate outlook. This aggressive hybrid fund has a benchmark in the CRISIL Hybrid 35+65 Aggressive Index.
Investment Objective of the Scheme
Mirae Asset Hybrid Equity Fund Direct Plan Growth aims to create a portfolio that generates long-term growth and increases equity exposure depending on market valuations and cycles. The fund has a portfolio with a large-cap bias, which facilitates performance across market cycles and is usually the first to react to an economic revival. The fund broadly utilises the Buy and Hold strategy for its debt allocation and aims to generate lower portfolio risks.
Key Features of The Fund
5-year return | 19.13% |
Expense Ratio | 0.39% |
Fund Manager | Harshad Borawake |
Fund Size | ₹9294.49 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
If you are looking for capital growth at moderate risk to high risk, you could consider investing in Mirae Asset Hybrid Equity Fund Direct Plan Growth. The scheme aims at wealth creation that comes with lower volatility and gives regular income with a systematic withdrawal plan. Nevertheless, before you take any investment decisions, you may wish to do so by aligning your personal financial goals and needs with any investment.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
Contact | 1800-2090-777 |
customercare@miraeasset.com | |
Website | https://www.miraeassetmf.co.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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What is the minimum SIP amount to invest in Mirae Asset Aggressive Hybrid Fund?
How do I invest in Mirae Asset Aggressive Hybrid Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset Aggressive Hybrid Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset Aggressive Hybrid Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset Aggressive Hybrid Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.