- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Hybrid Equity Fund (PIDCW-A)
Formerly Mirae Asset Hybrid Equity Reg DP
Mirae Asset Hybrid Equity Fund (PIDCW-A)
₹ 15.945
NAV (Oct 03)
Aggressive hybrid funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.
Aggressive hybrid funds are primarily equity funds with 20-35% invested in debt.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is also high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 15.945
NAV (Oct 3)
Fund Returns
Last 1Y | 15.3% |
Last 3Y | 17.1% |
Last 5Y | 11.9% |
Last 10Y | NA |
Since Inception | 11.3% |
6 Month CAGR | 15.7% |
Scheme Information
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.
Expense Ratio | 1.74 |
Launched (8y ago) | Jul 29, 2015 |
AUM in Crores | 7721.756 |
ISIN | INF769K01DF3 |
Lock-in | No Lock-in |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 10.3 |
Standard Deviation (5yr) | 13.7 |
Beta (3yr) | 1.04 |
Beta (5yr) | 1.09 |
Sharpe Ratio (3yr) | 1.124 |
Sharpe Ratio (5yr) | 0.522 |
YTM | 7.53 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Hybrid Equity Fund (PIDCW-A) | 9,82,041 | 2,49,429 | 11.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
hdfc bank ltd
6.2%icici bank ltd
5.3%treps
4.6%reliance industries ltd
4.2%infosys ltd
3.7%Allocation by Sector
financial services
24%consumer cyclical
9.8%industrials
8.3%technology
7.3%basic materials
4.6%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 7,475 cr | ||
₹ 25,274 cr | ||
₹ 9,394 cr | ||
₹ 3,302 cr | ||
₹ 1,335 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
23.7% | 17.9% | ||
22.6% | 17.3% | ||
12.6% | 10.9% | ||
14.7% | 19.7% | ||
24.8% | 20.1% |
Mirae Asset Hybrid Equity Fund (PIDCW-A) Review
Mirae Asset Hybrid Equity Fund (PIDCW-A) is a Aggressive Hybrid Hybrid fund and has delivered an annualised return of 11.3% over a period of 8 years. The fund was previously known as Mirae Asset Hybrid Equity Reg DP. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Harshad Borawake, Mahendra Jajoo, Vrijesh Kasera.
Nav of Mirae Asset Hybrid Equity Fund (PIDCW-A) as of 10/3/2023 is ₹15.95 with the total AUM as of 10/4/2023 is ₹7721.756. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Hybrid Equity Fund (PIDCW-A) was launched on Jul 29, 2015. The category risk of the fund is Very High Risk.
The minimum SIP amount for Mirae Asset Hybrid Equity Fund (PIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Frequently Asked Questions
What is Mirae Asset Hybrid Equity Fund (PIDCW-A)?
How to invest in Mirae Asset Hybrid Equity Fund (PIDCW-A)?
You can invest in Mirae Asset Hybrid Equity Fund (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mirae Asset Hybrid Equity Fund (PIDCW-A)?
The minimum sip amount for Mirae Asset Hybrid Equity Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Hybrid Equity Fund (PIDCW-A) good to invest in?
As per Scripbox experts, Mirae Asset Hybrid Equity Fund (PIDCW-A) is a Neutral fund. You can investMirae Asset Hybrid Equity Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mirae Asset Hybrid Equity Fund (PIDCW-A)?
The expense ratio of the Mirae Asset Hybrid Equity Fund (PIDCW-A) is 1.74% for regular plan.