Mirae Asset Aggressive Hybrid Fund
The fund maintains a decisively equity-heavy stance with over 81% in stocks, positioning for continued market appreciation while keeping a modest defensive buffer. The portfolio reveals pronounced banking sector concentration at nearly 19% alongside selective exposure to cyclical plays like metals and automobiles, signalling conviction in economic resilience and corporate profitability. Recent activity—swapping out government securities for stocks like Eris Lifesciences and Vedanta entities, plus a sharp TREPS jump—suggests the manager is cautiously rotating into equity opportunities while preserving some liquidity optionality.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹38.2980 | — | — | — | — |
| Regular Growth | ₹32.4720 | -0.81% | +2.65% | +12.20% | +11.35% |
| Direct IDCW | ₹20.7840 | — | — | — | — |
| Regular IDCW | ₹16.7440 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Eris Lifesciences Ltd. | 0.56% |
| Talwandi Sabo Power Ltd. A** | 0.16% |
| Vedanta Iron and Steel Ltd. A** | 0.16% |
| Vedanta Aluminium Metal Ltd. A** | 0.16% |
| Malco Energy Ltd. A** | 0.16% |
| 7.94% Cholamandalam Investment & Finance Co. Ltd. (MD 20/03/2029) | 1.06% |
| 8.60% Manappuram Finance Ltd. (MD 24/03/2028) | 0.43% |
| 7.59% National Housing Bank (MD 14/07/2027)** | 0.25% |
| 7.38% Cholamandalam Investment & Finance Co. Ltd. (MD 28/05/2027)** | 0.08% |
| 8.28% State Government of Tamil Nadu (MD 14/03/2028) | 0.05% |
| 8.28% State Government of Rajasthan (MD 21/02/2028) | 0.04% |
| Bajaj Finance Ltd. (MD 19/03/2027)** | 0.13% |
| Union Bank of India (MD 02/03/2027)**# | 0.19% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 6.30% |
| 2 | ICICI Bank Ltd. INE090A01021 | 4.47% |
| 3 | State Bank of India INE062A01020 | 4.34% |
| 4 | Reliance Industries Ltd. INE002A01018 | 3.46% |
| 5 | Bharti Airtel Ltd. INE397D01024 | 3.16% |
| 6 | Larsen & Toubro Ltd. INE018A01030 | 2.59% |
| 7 | Axis Bank Ltd. INE238A01034 | 2.55% |
| 8 | TREPS | 2.37% |
| 9 | NTPC Ltd. INE733E01010 | 2.25% |
| 10 | 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028)** INE685A07132 | 1.75% |
| 11 | 7.75% Bharti Telecom Ltd. (MD 29/02/2028)** INE403D08314 | 1.60% |
| 12 | Infosys Ltd. INE009A01021 | 1.51% |
| 13 | Mahindra & Mahindra Ltd. INE101A01026 | 1.50% |
| 14 | Shriram Finance Ltd. INE721A01047 | 1.47% |
| 15 | Eternal Ltd. INE758T01015 | 1.41% |
| 16 | Tata Consultancy Services Ltd. INE467B01029 | 1.37% |
| 17 | Tata Steel Ltd. INE081A01020 | 1.33% |
| 18 | 7.10% Government of India (MD 08/04/2034) IN0020240019 | 1.25% |
| 19 | Ambuja Cements Ltd. INE079A01024 | 1.19% |
| 20 | Delhivery Ltd. INE148O01028 | 1.17% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Mirae Asset Aggressive Hybrid Fund hold?
Mirae Asset Aggressive Hybrid Fund holds 144 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 21.73% of NAV.
What is the largest holding in Mirae Asset Aggressive Hybrid Fund?
The largest position in Mirae Asset Aggressive Hybrid Fund is HDFC Bank Ltd., accounting for 6.30% of NAV in the Banks sector.
Is Mirae Asset Aggressive Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.528, Mirae Asset Aggressive Hybrid Fund is moderately concentrated. The HHI concentration index is 17,325 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 21.73% of the portfolio.
What is the market cap allocation of Mirae Asset Aggressive Hybrid Fund?
Based on SEBI's AMFI classification, Mirae Asset Aggressive Hybrid Fund's equity portfolio is split as: Large Cap: 55.83%, Mid Cap: 8.24%, Small Cap: 10.20%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Mirae Asset Aggressive Hybrid Fund invest in most?
Mirae Asset Aggressive Hybrid Fund has the highest allocation to Banks (18.90%), CRISIL AAA (6.80%), Pharmaceuticals & Biotechnology (5.25%). The fund is invested across 45 sectors in total.
How actively managed is Mirae Asset Aggressive Hybrid Fund compared to other Aggressive Hybrid Fund funds?
Mirae Asset Aggressive Hybrid Fund has an Active Share of 53.70%, classifying it as "Active Stock Picker" among 28 Aggressive Hybrid Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Mirae Asset Aggressive Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Mirae Asset Aggressive Hybrid Fund added 13 new stocks (including Eris Lifesciences Ltd.) and exited 6 stocks (including Coal India Ltd.). Total holding count increased from 139 to 146 stocks.