NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹28.31
-0.18%
NAV as on 30 Apr 24, 12:00 AM
very high risk
aggressive allocation
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
aggressive allocation
equity
24.99%p.a.
Last 1Y
14.45%p.a.
Last 3Y
13.77%p.a.
Last 5Y
12.44%p.a.
Since Inception
About Mirae Asset Aggressive Hybrid Fund - Plan-Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mirae Asset Aggressive Hybrid Fund - Plan-Growth scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Jul 2015, Mirae Asset Aggressive Hybrid Fund - Plan-Growth is Aggressive Allocation fund of its category with 8,400.93 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
- Mirae Asset Aggressive Hybrid Fund - Plan-Growth delivered 25.0% annual returns during the last year. It has delivered 12.4% average annual returns since the fund was launched.
- Mirae Asset Aggressive Hybrid Fund - Plan-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
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.
Top 10 Holdings
HDFC Bank Ltd
5.89%
ICICI Bank Ltd
4.84%
State Bank of India
4.26%
Reliance Industries Ltd
4.24%
Infosys Ltd
3.44%
Axis Bank Ltd
3.12%
Larsen & Toubro Ltd
2.82%
NTPC Ltd
2.49%
7.18% Govt Stock 2033
1.97%
Bharti Airtel Ltd
1.90%
Fund Managers
- Mahendra Jajoo (Sep 2016 - Present)
- Vrijesh Kasera (Apr 2020 - Present)
- Harshad Borawake (Apr 2020 - Present)
Key Information
View Scheme Document
Mirae Asset Aggressive Hybrid Fund - Plan-Growth SIP Calculator
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NRI Mutual Fund Tax on Mirae Asset Aggressive Hybrid Fund - Plan-Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mirae Asset Aggressive Hybrid Fund - Plan-Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset Aggressive Hybrid Fund - Plan-Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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