Mirae Asset (India) Fund

Mirae Asset is trading at 19.16 as of the 20th of September 2021, a No Change since the beginning of the trading day. The fund's open price was 19.16. Equity ratings for Mirae Asset Hybrid are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of June 2021 and ending today, the 20th of September 2021. Click here to learn more.

Mirae Asset Fund Profile

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. Mirae Asset is traded on Bombay Stock Exchange in India. more on Mirae Asset
Mirae Asset Hybrid is not yet fully synchronised with the market data
The fund holds about 22.38% of its total net assets in cash
Legal NameMirae Asset Hybrid
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Mirae Asset's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
Beta In Three Year1.64
Startdate29th of July 2015
Mirae Asset Hybrid [0P00016H71] is traded in India and was established 20th of September 2021. The fund is listed under null category and is part of Mirae Asset Global Inv (India) Pvt. Ltd family. Mirae Asset Hybrid presently has accumulated in total net assets with minimum initial investment of 5 K.
Check Mirae Asset Probability Of Bankruptcy

Mirae Asset Against Markets

Picking the right benchmark for Mirae Asset fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mirae Asset fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mirae Asset is critical whether you are bullish or bearish towards Mirae Asset Hybrid at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mirae Asset fund to make a market-neutral strategy. Peer analysis of Mirae Asset could also be used in its relative valuation, which is a method of valuing Mirae Asset by comparing valuation metrics with similar companies.
Please continue to Trending Equities. Note that the Mirae Asset Hybrid information on this page should be used as a complementary analysis to other Mirae Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Tools for Mirae Fund

When running Mirae Asset Hybrid price analysis, check to measure Mirae Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirae Asset is operating at the current time. Most of Mirae Asset's value examination focuses on studying past and present price action to predict the probability of Mirae Asset's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mirae Asset's price. Additionally, you may evaluate how the addition of Mirae Asset to your portfolios can decrease your overall portfolio volatility.
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