Mirae Asset Multi Asset Allocation Fund Direct Growth
Get the latest NAV of Mirae Asset Multi Asset Allocation Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹11.99
▲1.6%1D
NAV as on 13 May 2025
15.25%/per year
Since Inception
▲▼
347 people have invested ₹ 40.6L in Mirae Asset Multi Asset Allocation Fund Direct Growth in the last three months
Fund Performance
as on (13-May-25)
Peer comparison
Mirae Asset Multi Asset Allocation Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Multi Asset Allocation Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 55.2%
Debt & Cash 30.5%
Mirae Asset Multi Asset Allocation Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 55.2%
Debt & Cash 30.5%
Top 3 Sectors in March were Government, Financial Services & Consumer Cyclical
Financial Services
31%
Government
29%
Corporate
15%
Government
34%
Financial Services
31%
Consumer Cyclical
11%
Mirae Asset Multi Asset Allocation Fund Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
Mirae Asset Multi Asset Allocation Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.41% |
Benchmark | BSE 200 TR INR |
| AUM | ₹1911 Cr |
| Inception Date | 31 January, 2024 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 41.74% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
About Mirae Asset Multi Asset Allocation Fund
Mirae Asset Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 31 January, 2024. The fund is managed by Harshad Borawake, Siddharth Srivastava. This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Multi Asset Allocation Fund Direct Growth has ₹1911 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Mirae Asset Multi Asset Allocation Fund Direct Growth has given a CAGR return of 15.25% since inception. Over the last 1 year the fund has given a CAGR return of 15.40%.
Holdings
Mirae Asset Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Corporate, Consumer Cyclical, Industrial, Tech, Basic Materials, Health, Utilities, Energy, Communication, Consumer Defensive, Real Estate.
Taxation
As it is a multi asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Mirae Asset Multi Asset Allocation Fund Direct Growth
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in equity and equity related securities, Debt and money market instruments, Gold ETFs, Silver ETFs and Exchange Traded Commodity Derivatives. However, there is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Multi Asset Allocation Fund Direct Growth has no lock in period.
Fund Manager
Harshad Borawake
Fund Manager of Mirae Asset Multi Asset Allocation Fund Direct Growth, since 31 January 2024
Siddharth Srivastava
Fund Manager of Mirae Asset Multi Asset Allocation Fund Direct Growth, since 31 January 2024
- AUM of the fund stands at 1.8K Cr as of Mar'25
- AUM has remained same between Mar'25 and Feb'25
More funds from Mirae
3Y CAGR
▲ 19.39
5Y CAGR
▲ 20.71
5Y CAGR
▲ 15.68
3Y CAGR
▲ 7.33
1Y CAGR
▲ 12.22
Frequently Asked Questions for Mirae Asset Multi Asset Allocation Fund Direct Growth
What is the current NAV of Mirae Asset Multi Asset Allocation Fund Direct Growth?
What are the average returns of Mirae Asset Multi Asset Allocation Fund Direct Growth?
Mirae Asset Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.74% | 4.74% |
6 Month Returns | 6.28% | 6.28% |
1 Year Returns | 15.4% | 15.4% |
3 Years Returns | 0% | 0% |
How do I invest in Mirae Asset Multi Asset Allocation Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Mirae Asset Multi Asset Allocation Fund Direct Growth?
What is net assets under management (AUM) of Mirae Asset Multi Asset Allocation Fund Direct Growth?
What are the top 5 holdings of Mirae Asset Multi Asset Allocation Fund Direct Growth?
What are the top 3 sectors that this Mirae Asset Multi Asset Allocation Fund Direct Growth has invested in?
What is the credit rating breakup of Mirae Asset Multi Asset Allocation Fund Direct Growth?
AAA | 93.89 |
AA | 6.11 |