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Mirae Asset Aggressive Hybrid Fund(G)-Direct Plan

FAQ : Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan

Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 1.25 9.06 8.03 10.71
Average Rolling Returns(%) 14.25 13.01 13.33 12.76

The Current NAV of Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan is ₹37.98.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.

Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan fund’s expense ratio is 0.41%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan is currently ₹9,239 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and State Bank Of India and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 30% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan fund are BFSI, Others and Healthcare accounting for 53% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Aggressive Hybrid Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan Fund is Hybrid - Aggressive Hybrid Fund.

Harshad Borawake and Vrijesh Kasera manage the Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan Fund.

Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan current PE ratio is 37.71 and PB ratio is 6.54

The asset allocation of Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan is Stocks : 76.15%, Debt : 23.86% and Gold : 0%

The minimum SIP amount for Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan is ₹99.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Aggressive Hybrid Fund - Growth - Direct Plan is 1% on or before 1 year(365 days), Nil after 1 year(365 days)