Mirae Asset Aggressive Hybrid Fund Direct Growth

Mirae Asset Aggressive Hybrid Fund Direct Growth

NAV as on 17-04-2025

₹ 35.46

1.2%

1D

Inception Returns

13.9%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
2261 people have invested ₹ 1.8Cr in Mirae Asset Aggressive Hybrid Fund Direct Growth in the last three months

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 Mahendra Jajoo, Harshad Borawake, Vrijesh Kasera. This fund gives you the benefit of diversification.

Key Parameters

  1. Mirae Asset Aggressive Hybrid Fund Direct Growth has ₹8682 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mirae Asset Aggressive Hybrid Fund Direct Growth has given a CAGR return of 13.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.17%, 13.05% and 19.78% respectively.

Holdings

Mirae Asset Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, Industrial, Tech, Health, Consumer Cyclical, Basic Materials, Energy, Utilities, 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains 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.

Mirae Asset Aggressive Hybrid Fund Direct Growth Overview

Expense ratio0.51%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹8682 Cr
Inception Date29 July, 2015
Min Lumpsum/SIP₹5000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
22.87%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for Mirae Asset Aggressive Hybrid Fund Direct Growth

Powered by IND quant engine
9
/18
44% Performance
38% Risk Management
90% Cost
9 out of 18 among aggressive allocation

Trailing Returns

as on (17-Apr-25)

Period
Mirae Asset Aggressive Hybrid Fund Direct Growth
Aggressive Allocation Index
1M
6%
5.4%
3M
2.4%
-0.1%
6M
-3%
-4.9%
1Y
11.2%
8.8%
3Y
13%
13.1%
5Y
19.8%
20.3%

Fund Distribution

as on (31-Mar-25)

  • Equity 77%

  • Debt & Cash 23%

Large cap
57.1%

Mid cap
9.8%

Small cap
9.5%

Sector Allocation

Mar'25

Feb'25

Jan'25

Financial Services
32.8%
Industrial
10.3%
Tech
9.3%
Health
8.8%
Consumer Cyclical
8.6%
Basic Materials
8.1%
Energy
6.2%
Utilities
5.9%
Communication
4.4%
Consumer Defensive
4.4%
Real Estate
1.3%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 8.7K Cr
₹ 8.2K Cr
₹ 8.9K Cr
  • AUM of the fund stands at 8.7K Cr as of Mar'25
  • AUM increased by 511.1 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Rec Limited's allocation increased from 0.17% to 1.16%
Rec Limited's allocation increased from 0.17% to 1.16%
Indian Railway Finance Corporation Limited's allocation increased from 0.23% to 1.07%
Indian Railway Finance Corporation Limited's allocation increased from 0.23% to 1.07%
National Bank For Agriculture And Rural Development's allocation increased from 0.07% to 0.59%
National Bank For Agriculture And Rural Development's allocation increased from 0.07% to 0.59%
Top Stocks sold last month
Shriram Finance Ltd's allocation decreased from 1.66 % to 1.61 %
Shriram Finance Ltd's allocation decreased from 1.66 % to 1.61 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 0.84 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 0.84 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 0.5 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 0.5 %

Top 3 Sectors in March were Government, Corporate & Financial Services

Mar'25
Government
50%
Corporate
36%
Financial Services
33%
Feb'25
Government
57%
Corporate
34%
Financial Services
32%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
6.59%
0%
ICICI Bank Ltd
ICICI Bank Ltd
4.51%
0%
Infosys Ltd
Infosys Ltd
3.58%
0%
State Bank of India
State Bank of India
3.14%
0%
Reliance Industries Ltd
Reliance Industries Ltd
3.01%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Mirae Asset Aggressive Hybrid Fund Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth
11.17%
13.05%
19.78%
13.91%
DSP Aggressive Hybrid Fund Direct Plan Growth
DSP Aggressive Hybrid Fund Direct Plan Growth
19.23%
15.98%
20.82%
14.59%
SBI Equity Hybrid Fund Direct Growth
SBI Equity Hybrid Fund Direct Growth
14.16%
12.38%
18.59%
14.94%
Axis Aggresive Hybrid Fund Direct Growth
Axis Aggresive Hybrid Fund Direct Growth
12.49%
9.82%
17.35%
12.07%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
126
126
129
Top 5 Company Concentration
20.8%
21%
20.7%
Company having highest exposure
HDFC Bank Ltd (6.6%)
HDFC Bank Ltd (6.6%)
HDFC Bank Ltd (6.1%)
No of Sectors
13
13
14
Top 5 Sectors Concentration
138.8%
143.9%
141.6%
Sector having highest exposure
Government (50.4%)
Government (56.7%)
Government (55.8%)
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Mahendra Jajoo
Mahendra Jajoo
Fund Manager of Mirae Asset Aggressive Hybrid Fund Direct Growth, since 8 September 2016
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Equity Savings Fund Direct Growth
11.06%
8.77%
Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth
13.05%
13.1%
Harshad Borawake
Harshad Borawake
Fund Manager of Mirae Asset Aggressive Hybrid Fund Direct Growth, since 1 April 2020
Vrijesh Kasera
Vrijesh Kasera
Fund Manager of Mirae Asset Aggressive Hybrid Fund Direct Growth, since 1 April 2020
Top funds managed
Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.68L Cr
as on 31-Mar-2025
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Website
customercare@miraeasset.com

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has increased expense ratio by 41.7% moving from 0.36 to 0.51.
Insights icon
In the last 3 years, JM Aggressive Hybrid Fund (Direct) - Growth Option has given 21.27% return, outperforming this fund by 8.23% per annum.
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Over the last 6 months, this fund has experienced a 8.4% drop in AUM moving from 9.48K Cr to 8.68K Cr.
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In the last 5 years, JM Aggressive Hybrid Fund (Direct) - Growth Option has given 28.92% return, outperforming this fund by 9.15% per annum.
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In the last 1 year, DSP Aggressive Hybrid Fund Direct Plan Growth has given 19.23% return, outperforming this fund by 8.07%.
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This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.51% which is lower than the category average expense ratio of 1.24%.

Mirae Asset Aggressive Hybrid Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.91% since inception which is more than its category average return of 12.72%
Fund Allocations

Fund Allocations

This fund has an allocation of 77.01% in Equity, 19.86% in Debt and 3.13% in Cash related instruments
AUM size ₹8682 Cr

AUM size ₹8682 Cr

This fund has AUM of ₹8682 Cr which is more than its category average of ₹ 6337 Cr
Expense Ratio 0.51%

Expense Ratio 0.51%

This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 1.45%

Frequently Asked Questions for Mirae Asset Aggressive Hybrid Fund Direct Growth

The current NAV of Mirae Asset Aggressive Hybrid Fund Direct Growth is ₹35.46 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Mirae Asset Aggressive Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.03%
6.03%
6 Month Returns
-2.97%
-2.97%
1 Year Returns
11.17%
11.17%
3 Years Returns
44.47%
13.05%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.51% as on March 2025
₹8682 Cr as on March 2025
HDFC Bank Ltd(6.59%), ICICI Bank Ltd(4.51%), Infosys Ltd(3.58%), State Bank of India(3.14%), Reliance Industries Ltd(3.01%) as on March 2025
Financial Services(25.26%), Government(11.59%), Corporate(8.26%) as on March 2025
AAA
92.28
AA
7.72
Mahendra Jajoo, Harshad Borawake, Vrijesh Kasera are the fund managers of Mirae Asset Aggressive Hybrid Fund Direct Growth
The Exit load of Mirae Asset Aggressive Hybrid Fund Direct Growth is 1%