Dezerv

Fund Overview

Fund Size

Fund Size

₹1,407 Cr

Expense Ratio

Expense Ratio

2.07%

ISIN

ISIN

INF769K01KW3

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

31 Jan 2024

About this fund

Mirae Asset Multi Asset Allocation Fund Regular Growth is a Multi Asset Allocation mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 4 months and 12 days, having been launched on 31-Jan-24.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹10.71, Assets Under Management (AUM) of 1406.88 Crores, and an expense ratio of 2.07%.
  • Mirae Asset Multi Asset Allocation Fund Regular Growth has given a CAGR return of 7.15% since inception.
  • The fund's asset allocation comprises around 65.50% in equities, 14.43% in debts, and 6.13% in cash & cash equivalents.
  • You can start investing in Mirae Asset Multi Asset Allocation Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+7.15%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity921.49 Cr65.50%
Debt202.98 Cr14.43%
Others282.41 Cr20.07%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Mirae Asset Gold ETFMutual Fund - ETF162.37 Cr11.22%
HDFC Bank LtdEquity79.34 Cr5.48%
7.18% Govt Stock 2033Bond - Gov't/Treasury66.09 Cr4.57%
Mirae Asset Silver ETFMutual Fund - ETF45.39 Cr3.14%
ICICI Bank LtdEquity43.61 Cr3.01%
State Bank of IndiaEquity39.25 Cr2.71%
Reliance Industries LtdEquity34.9 Cr2.41%
Larsen & Toubro LtdEquity33.92 Cr2.34%
Bharti Airtel LtdEquity29.54 Cr2.04%
Axis Bank LtdEquity26.74 Cr1.85%
Infosys LtdEquity26.73 Cr1.85%
TrepsCash - Repurchase Agreement25.9 Cr1.79%
Indian Railway Finance Corporation LimitedBond - Corporate Bond25.1 Cr1.73%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.04 Cr1.73%
Rural Electrification Corporation LimitedBond - Corporate Bond25.03 Cr1.73%
Small Industries Development Bank of India 7.75%Bond - Corporate Bond25.03 Cr1.73%
ITC LtdEquity23.16 Cr1.60%
Tata Consultancy Services LtdEquity20.27 Cr1.40%
Shriram Finance LtdEquity19.63 Cr1.36%
NTPC LtdEquity19.21 Cr1.33%
Kotak Mahindra Bank LtdEquity18.74 Cr1.29%
Tata Motors LtdEquity17.43 Cr1.20%
Hindalco Industries LtdEquity16.87 Cr1.17%
Infina Finance Private LimitedCash - Commercial Paper15.32 Cr1.06%
Brigade Enterprises LtdEquity14.98 Cr1.03%
Coal India LtdEquity14.55 Cr1.01%
Hindustan Unilever LtdEquity14.42 Cr1.00%
Ambuja Cements LtdEquity14.23 Cr0.98%
Net Receivables / (Payables)Cash14.21 Cr0.98%
HDFC Bank LimitedCash - CD/Time Deposit14.2 Cr0.98%
Samvardhana Motherson International LtdEquity13.38 Cr0.92%
Godrej Consumer Products LtdEquity13.28 Cr0.92%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond12.28 Cr0.85%
Dabur India LtdEquity12.17 Cr0.84%
IndusInd Bank LtdEquity12 Cr0.83%
Axis Bank Ltd.Bond - Corporate Bond11.38 Cr0.79%
Bharat Electronics LtdEquity11.31 Cr0.78%
InterGlobe Aviation LtdEquity11.11 Cr0.77%
The Federal Bank LtdEquity10.45 Cr0.72%
ACC LtdEquity10.24 Cr0.71%
7.18% Govt Stock 2037Bond - Gov't/Treasury10.09 Cr0.70%
Eicher Motors LtdEquity9.94 Cr0.69%
Titan Co LtdEquity9.7 Cr0.67%
SBI Life Insurance Company LimitedEquity9.22 Cr0.64%
Gland Pharma LtdEquity8.66 Cr0.60%
Zomato LtdEquity8.6 Cr0.59%
LTIMindtree LtdEquity8.42 Cr0.58%
Power Grid Corp Of India LtdEquity8.37 Cr0.58%
GAIL (India) LtdEquity8.32 Cr0.57%
Hindustan Aeronautics Ltd Ordinary SharesEquity8.06 Cr0.56%
Craftsman Automation LtdEquity7.79 Cr0.54%
TBO Tek LtdEquity7.65 Cr0.53%
Cipla LtdEquity7.38 Cr0.51%
Voltas LtdEquity7.18 Cr0.50%
Embassy Office Parks ReitBond - Asset Backed7 Cr0.48%
Go Fashion (India) LtdEquity6.92 Cr0.48%
Tata Communications LtdEquity6.76 Cr0.47%
Tata Steel LtdEquity6.69 Cr0.46%
Apollo Hospitals Enterprise LtdEquity6.65 Cr0.46%
Havells India LtdEquity6.48 Cr0.45%
Fusion Micro Finance LtdEquity6.34 Cr0.44%
Electronics Mart India LtdEquity6.24 Cr0.43%
Dixon Technologies (India) LtdEquity6.2 Cr0.43%
Wipro LtdEquity6.09 Cr0.42%
RHI Magnesita India LtdEquity6.08 Cr0.42%
Dalmia Bharat LtdEquity5.95 Cr0.41%
IIFL Finance LtdEquity5.9 Cr0.41%
India Shelter Finance Corporation LtdEquity5.9 Cr0.41%
Bank of BarodaEquity5.89 Cr0.41%
Bajaj Finserv LtdEquity5.89 Cr0.41%
Oil & Natural Gas Corp LtdEquity5.82 Cr0.40%
Power Finance Corp LtdEquity5.66 Cr0.39%
HDFC Life Insurance Company LimitedEquity5.56 Cr0.38%
TD Power Systems LtdEquity5.49 Cr0.38%
R R Kabel LtdEquity5.29 Cr0.37%
Indian Railway Catering And Tourism Corp LtdEquity5.27 Cr0.36%
Balkrishna Industries LtdEquity5.25 Cr0.36%
Multi Commodity Exchange of India LtdEquity5.23 Cr0.36%
Hindustan Petroleum Corp LtdEquity5.22 Cr0.36%
Torrent Pharmaceuticals LtdEquity5.12 Cr0.35%
Bharat Petroleum Corp LtdEquity5.1 Cr0.35%
LIC Housing Finance LtdEquity5.06 Cr0.35%
Container Corporation of India LtdEquity5.02 Cr0.35%
Cera Sanitaryware LtdEquity4.96 Cr0.34%
Zee Entertainment Enterprises LtdEquity4.82 Cr0.33%
Data Patterns (India) LtdEquity4.59 Cr0.32%
Century Plyboards (India) LtdEquity4.5 Cr0.31%
DLF LtdEquity4.44 Cr0.31%
RBL Bank LtdEquity4.42 Cr0.31%
Vedanta LtdEquity4.04 Cr0.28%
Trent LtdEquity4.01 Cr0.28%
Go Digit General Insurance LtdEquity3.85 Cr0.27%
7.32% Govt Stock 2030Bond - Gov't/Treasury3.55 Cr0.25%
HCL Technologies LtdEquity3.45 Cr0.24%
Avenue Supermarts LtdEquity3.44 Cr0.24%
Aurobindo Pharma LtdEquity3.32 Cr0.23%
Atul LtdEquity3.19 Cr0.22%
Coforge LtdEquity3.13 Cr0.22%
Glenmark Pharmaceuticals LtdEquity3.12 Cr0.22%
Divi's Laboratories LtdEquity2.84 Cr0.20%
Canara BankBond - Gov't Agency Debt2.83 Cr0.20%
Syngene International LtdEquity2.69 Cr0.19%
Small Industries Development Bank Of IndiaBond - Corporate Bond2.47 Cr0.17%
Ntpc LimitedBond - Corporate Bond2.43 Cr0.17%
Balrampur Chini Mills LtdEquity2.3 Cr0.16%
SRF LtdEquity1.8 Cr0.12%
Tata Power Co LtdEquity1.62 Cr0.11%
Maruti Suzuki India LtdEquity1.43 Cr0.10%
L&T Finance LtdEquity1.23 Cr0.08%
UltraTech Cement LtdEquity1.19 Cr0.08%
Sun Pharmaceuticals Industries LtdEquity1.17 Cr0.08%
ICICI Lombard General Insurance Co LtdEquity1.11 Cr0.08%
Kajaria Ceramics LtdEquity0.56 Cr0.04%
PB Fintech LtdEquity0.42 Cr0.03%
Grasim Industries LtdEquity0.33 Cr0.02%
Canara BankEquity0.06 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

50.40%

Mid Cap Stocks

7.94%

Small Cap Stocks

7.16%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services321.51 Cr22.21%
Industrials122.97 Cr8.49%
Consumer Cyclical90.68 Cr6.26%
Technology74.29 Cr5.13%
Basic Materials69.02 Cr4.77%
Consumer Defensive68.77 Cr4.75%
Energy65.59 Cr4.53%
Communication Services41.12 Cr2.84%
Healthcare40.95 Cr2.83%
Utilities37.52 Cr2.59%
Real Estate19.42 Cr1.34%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Amit Modani

Amit Modani

Since January 2024

HB

Harshad Borawake

Since January 2024

Siddharth Srivastava

Siddharth Srivastava

Since January 2024

RP

Ritesh Patel

Since January 2024

Additional Scheme Detailsas of 30th April 2024

ISININF769K01KW3Expense Ratio2.07%Exit Load1.00%Fund Size₹1,407 CrAge31 Jan 2024Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkDomestic Price of Gold

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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ICICI Prudential Multi-Asset Fund Regular Growth

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About the AMC

Total AUM

₹1,71,472 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1406.88 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3409.20 Cr38.6%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10073.98 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹34974.46 Cr41.4%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹37631.07 Cr26.0%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹594.96 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹144.98 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹7920.31 Cr19.2%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹152.53 Cr6.8%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1541.06 Cr57.3%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8545.85 Cr26.8%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹722.32 Cr36.5%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹105.57 Cr30.0%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹541.56 Cr41.7%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹798.39 Cr7.2%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1622.55 Cr7.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1815.41 Cr34.9%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1671.29 Cr26.0%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹2683.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹87.16 Cr61.1%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹22471.76 Cr37.4%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.22 Cr7.0%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹47.08 Cr6.7%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.8%0.0%₹75.88 Cr3.2%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1088.38 Cr18.2%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹59.30 Cr6.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.95 Cr29.5%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹95.84 Cr-5.6%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹882.62 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹346.19 Cr7.2%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹225.99 Cr6.9%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹103.31 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2201.96 Cr51.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2074.44 Cr8.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15353.87 Cr51.4%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.7%

Risk Level

Your principal amount will be at High Risk

High Risk
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The NAV of Mirae Asset Multi Asset Allocation Fund Regular Growth, as of 11-Jun-2024, is ₹10.71.
The fund's allocation of assets is distributed as 65.50% in equities, 14.43% in bonds, and 6.13% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Multi Asset Allocation Fund Regular Growth are:-
  1. Amit Modani
  2. Harshad Borawake
  3. Siddharth Srivastava
  4. Ritesh Patel