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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹37.9620 | — | — | — | — | — | — |
| Regular Growth | ₹32.1900 | -0.14% | -3.55% | -2.99% | +2.82% | +11.97% | +11.15% |
| Direct IDCW | ₹20.6020 | — | — | — | — | — | — |
| Regular IDCW | ₹16.5980 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
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.