Mirae Asset Multi Asset Allocation Fund Direct Growth
NAV as on 23-04-2025
₹ 11.96
▲0.1%
1D
Inception Returns
15.7%
/yr
Historical NAV & Returns
About Mirae Asset Multi Asset Allocation Fund Direct Growth
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 Siddharth Srivastava, Harshad Borawake. This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Multi Asset Allocation Fund Direct Growth has ₹1843 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 15.68% since inception. Over the last 1 year the fund has given a CAGR return of 15.27%.
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.
Mirae Asset Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.43% |
Benchmark | BSE 200 TR INR |
| AUM | ₹1843 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 |
Trailing Returns
as on (23-Apr-25)
Fund Distribution
as on (31-Mar-25)
- AUM of the fund stands at 1.8K Cr as of Mar'25
- AUM has remained same between Mar'25 and Feb'25
Top 3 Sectors in March were Government, Financial Services & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mirae Asset Gold ETF | 11.83% | 0% | |
 HDFC Bank Ltd | 5.29% | 5% | |
 ICICI Bank Ltd | 3.36% | 0% | |
Mirae Asset Silver ETF | 2.9% | -0.1% | |
 Bharti Airtel Ltd | 2.52% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Mirae Asset Multi Asset Allocation Fund Direct Growth | 15.27% | - | - | 15.68% |
 Nippon India Asset Allocator FoF Direct Growth | 16.21% | 19.69% | - | 20.08% |
Nippon India Multi Asset Allocation Fund Direct Growth | 14.52% | 17.79% | - | 18.43% |
 ICICI Prudential Multi-Asset Fund Direct Plan Growth | 14.07% | 19.1% | 26.94% | 16.99% |
Mirae Asset Multi Asset Allocation Fund Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹1843 Cr
Expense Ratio 0.43%
Frequently Asked Questions for Mirae Asset Multi Asset Allocation Fund Direct Growth
Mirae Asset Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.83% | 3.83% |
6 Month Returns | 4.3% | 4.3% |
1 Year Returns | 15.27% | 15.27% |
3 Years Returns | 0% | 0% |
- 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.
AAA | 93.89 |
AA | 6.11 |