Mirae Asset Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 25-02-2025
₹ 11.15
1D
Inception Returns
10.9%
/yr
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 ₹1800 Cr worth of assets under management (AUM) as on Jan 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 10.86% since inception. Over the last 1 year the fund has given a CAGR return of 10.37%.
Holdings
Mirae Asset Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Health, Energy, Corporate, Communication, Consumer Defensive, Utilities, Real Estate, Securitize.
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.
Historical NAV & Returns
Mirae Asset Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | BSE 200 TR INR |
| AUM | ₹1800 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 (25-Feb-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 1.8K Cr as of Jan'25
- AUM increased by 26.2 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Government & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mirae Asset Gold ETF | 11.22% | 0% | |
 HDFC Bank Ltd | 4.8% | 18.1% | |
 ICICI Bank Ltd | 3.2% | 31.8% | |
Mirae Asset Silver ETF | 2.52% | 0% | |
 Infosys Ltd | 2.48% | 9.2% |
Mirae Asset Multi Asset Allocation Fund Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹1800 Cr
Expense Ratio 0.41%
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 | -0.72% | -0.72% |
6 Month Returns | -1.19% | -1.19% |
1 Year Returns | 10.37% | 10.37% |
3 Years Returns | 0% | 0% |
5 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 | 100 |