Mirae Asset Aggressive Hybrid Fund Direct Growth
Hybrid
Direct
Aggressive Allocation
NAV as on 22-11-2024
₹ 35.24
1D
Inception Returns
14.3%
/yr
About Mirae Asset Aggressive Hybrid Fund Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 29 July, 2015. The fund is managed by Vrijesh Kasera, Harshad Borawake, Mahendra Jajoo. This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Aggressive Hybrid Fund Direct Growth has ₹9025 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Mirae Asset Aggressive Hybrid Fund Direct Growth has given a CAGR return of 14.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.80%, 11.72% and 15.87% respectively.
Holdings
Mirae Asset Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, Consumer Cyclical, Industrial, Tech, Health, Basic Materials, Energy, Utilities, Securitize, Communication, Consumer Defensive, Real Estate.
Taxation
As it is a aggressive allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Mirae Asset Aggressive Hybrid Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Aggressive Hybrid Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Mirae Asset Aggressive Hybrid Fund Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
| AUM | ₹9025 Cr |
| Inception Date | 29 July, 2015 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 22.87% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 9.5K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Government, Corporate & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.73% | -2.6% | |
 ICICI Bank Ltd | 4.15% | 0% | |
 Infosys Ltd | 3.76% | 0% | |
 State Bank of India | 3.31% | 0% | |
 Reliance Industries Ltd | 2.97% | -0.5% |
Mutual Fund Insights
Mirae Asset Aggressive Hybrid Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹9025 Cr
Expense Ratio 0.41%
Frequently Asked Questions for Mirae Asset Aggressive Hybrid Fund Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.83% | -4.83% |
6 Month Returns | 6.08% | 6.08% |
1 Year Returns | 20.8% | 20.8% |
3 Years Returns | 39.45% | 11.72% |
5 Years Returns | 108.86% | 15.87% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 92.81 |
AA | 7.19 |