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

1. Mirae Asset Aggressive Hybrid Fund Direct Growth has ₹8170 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Mirae Asset Aggressive Hybrid Fund Direct Growth has given a CAGR return of 13.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.23%, 13.44% and 21.16% respectively.

Mirae Asset Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Industrial, Tech, Consumer Cyclical, Cash Equivalent, Health, Basic Materials, Energy, Utilities, Consumer Defensive, Communication, Real Estate.

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).

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 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.