Mirae Asset Multi Asset Allocation Fund Regular Growth
HybridMulti Asset AllocationHigh Risk
Regular
NAV (25-Jul-24)
₹11.00-0.28%1D
Returns (Since Inception)
9.96%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,525 Cr
Expense Ratio
2.04%
ISIN
INF769K01KW3
Minimum SIP
₹1,000
Exit Load
1.00%
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 5 months and 26 days, having been launched on 31-Jan-24.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.00, Assets Under Management (AUM) of 1524.79 Crores, and an expense ratio of 2.04%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.00, Assets Under Management (AUM) of 1524.79 Crores, and an expense ratio of 2.04%.
- Mirae Asset Multi Asset Allocation Fund Regular Growth has given a CAGR return of 9.96% since inception.
- The fund's asset allocation comprises around 50.04% in equities, 14.08% in debts, and 22.80% 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
+9.96%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹762.99 Cr | 50.04% |
| Debt | ₹214.72 Cr | 14.08% |
| Others | ₹547.08 Cr | 35.88% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹257.83 Cr | 16.91% |
| Mirae Asset Gold ETF | Mutual Fund - ETF | ₹161.57 Cr | 10.60% |
| HDFC Bank Ltd | Equity | ₹87.23 Cr | 5.72% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹56.48 Cr | 3.70% |
| Mirae Asset Silver ETF | Mutual Fund - ETF | ₹43.15 Cr | 2.83% |
| ICICI Bank Ltd | Equity | ₹42.17 Cr | 2.77% |
| State Bank of India | Equity | ₹40.13 Cr | 2.63% |
| Treps | Cash - Repurchase Agreement | ₹38.47 Cr | 2.52% |
| Reliance Industries Ltd | Equity | ₹38.2 Cr | 2.50% |
| Larsen & Toubro Ltd | Equity | ₹32.1 Cr | 2.10% |
| Bharti Airtel Ltd | Equity | ₹31.08 Cr | 2.04% |
| Infosys Ltd | Equity | ₹29.77 Cr | 1.95% |
| Axis Bank Ltd | Equity | ₹29.12 Cr | 1.91% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.05 Cr | 1.64% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.04 Cr | 1.64% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.02 Cr | 1.64% |
| Small Industries Development Bank of India 7.75% | Bond - Corporate Bond | ₹25.02 Cr | 1.64% |
| Shriram Finance Ltd | Equity | ₹23.88 Cr | 1.57% |
| Kotak Mahindra Bank Ltd | Equity | ₹23.63 Cr | 1.55% |
| ITC Ltd | Equity | ₹23.08 Cr | 1.51% |
| Tata Consultancy Services Ltd | Equity | ₹21.56 Cr | 1.41% |
| Hindalco Industries Ltd | Equity | ₹20.26 Cr | 1.33% |
| NTPC Ltd | Equity | ₹20.24 Cr | 1.33% |
| Tata Motors Ltd | Equity | ₹17.84 Cr | 1.17% |
| Samvardhana Motherson International Ltd | Equity | ₹16.83 Cr | 1.10% |
| Net Receivables / (Payables) | Cash | ₹16.34 Cr | 1.07% |
| Brigade Enterprises Ltd | Equity | ₹15.74 Cr | 1.03% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹15.43 Cr | 1.01% |
| Hindustan Unilever Ltd | Equity | ₹15.31 Cr | 1.00% |
| Ambuja Cements Ltd | Equity | ₹15.04 Cr | 0.99% |
| Godrej Consumer Products Ltd | Equity | ₹14.38 Cr | 0.94% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹14.29 Cr | 0.94% |
| Coal India Ltd | Equity | ₹14.26 Cr | 0.94% |
| Dabur India Ltd | Equity | ₹13.41 Cr | 0.88% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-13.14 Cr | 0.86% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹12.35 Cr | 0.81% |
| GAIL (India) Ltd | Equity | ₹12.28 Cr | 0.81% |
| IndusInd Bank Ltd | Equity | ₹12.02 Cr | 0.79% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹11.82 Cr | 0.78% |
| Bharat Electronics Ltd | Equity | ₹11.69 Cr | 0.77% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹11.45 Cr | 0.75% |
| The Federal Bank Ltd | Equity | ₹11.43 Cr | 0.75% |
| InterGlobe Aviation Ltd | Equity | ₹11.22 Cr | 0.74% |
| Acc Limited | Equity - Future | ₹-10.6 Cr | 0.70% |
| ACC Ltd | Equity | ₹10.53 Cr | 0.69% |
| TBO Tek Ltd | Equity | ₹10.34 Cr | 0.68% |
| Craftsman Automation Ltd | Equity | ₹10.2 Cr | 0.67% |
| Titan Co Ltd | Equity | ₹10.19 Cr | 0.67% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹10.12 Cr | 0.66% |
| SBI Life Insurance Company Limited | Equity | ₹9.92 Cr | 0.65% |
| Eicher Motors Ltd | Equity | ₹9.81 Cr | 0.64% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-9.8 Cr | 0.64% |
| LTIMindtree Ltd | Equity | ₹9.64 Cr | 0.63% |
| Zomato Ltd | Equity | ₹9.63 Cr | 0.63% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹9.32 Cr | 0.61% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-9 Cr | 0.59% |
| Gland Pharma Ltd | Equity | ₹8.71 Cr | 0.57% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-8.59 Cr | 0.56% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹8.53 Cr | 0.56% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-8.29 Cr | 0.54% |
| Power Grid Corp Of India Ltd | Equity | ₹8.27 Cr | 0.54% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-8.17 Cr | 0.54% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-7.95 Cr | 0.52% |
| Dixon Technologies (India) Ltd | Equity | ₹7.9 Cr | 0.52% |
| Future on Voltas Ltd | Equity - Future | ₹-7.83 Cr | 0.51% |
| Future on State Bank of India | Equity - Future | ₹-7.82 Cr | 0.51% |
| Voltas Ltd | Equity | ₹7.77 Cr | 0.51% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-7.73 Cr | 0.51% |
| IIFL Finance Ltd | Equity | ₹7.65 Cr | 0.50% |
| Cipla Ltd | Equity | ₹7.55 Cr | 0.50% |
| Wipro Ltd | Equity | ₹7.54 Cr | 0.49% |
| Go Fashion (India) Ltd | Equity | ₹7.3 Cr | 0.48% |
| India Shelter Finance Corporation Ltd | Equity | ₹7.16 Cr | 0.47% |
| Electronics Mart India Ltd | Equity | ₹7.11 Cr | 0.47% |
| Embassy Office Parks Reit | Bond - Asset Backed | ₹7.11 Cr | 0.47% |
| Tata Communications Ltd | Equity | ₹7.05 Cr | 0.46% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹7.05 Cr | 0.46% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-7.03 Cr | 0.46% |
| Vedanta Ltd | Equity | ₹7.02 Cr | 0.46% |
| Future on Tata Communications Ltd | Equity - Future | ₹-7.02 Cr | 0.46% |
| Tata Steel Ltd | Equity | ₹6.96 Cr | 0.46% |
| Titan Company Limited | Equity - Future | ₹-6.66 Cr | 0.44% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-6.43 Cr | 0.42% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-6.42 Cr | 0.42% |
| LIC Housing Finance Ltd | Equity | ₹6.37 Cr | 0.42% |
| Fusion Finance Ltd | Equity | ₹6.26 Cr | 0.41% |
| Future on Tata Motors Ltd | Equity - Future | ₹-6.23 Cr | 0.41% |
| Havells India Ltd | Equity | ₹6.2 Cr | 0.41% |
| Future on Bank of Baroda | Equity - Future | ₹-6.16 Cr | 0.40% |
| Cera Sanitaryware Ltd | Equity | ₹6.14 Cr | 0.40% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-6.14 Cr | 0.40% |
| Bank of Baroda | Equity | ₹6.12 Cr | 0.40% |
| Bajaj Finserv Ltd | Equity | ₹6.11 Cr | 0.40% |
| Dalmia Bharat Ltd | Equity | ₹6.07 Cr | 0.40% |
| Future on HDFC Life Insurance Company Limited | Equity - Future | ₹-6.05 Cr | 0.40% |
| Oil & Natural Gas Corp Ltd | Equity | ₹6.03 Cr | 0.40% |
| HDFC Life Insurance Company Limited | Equity | ₹6.02 Cr | 0.39% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-5.97 Cr | 0.39% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-5.96 Cr | 0.39% |
| TD Power Systems Ltd | Equity | ₹5.83 Cr | 0.38% |
| Future on ITC Ltd | Equity - Future | ₹-5.82 Cr | 0.38% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-5.68 Cr | 0.37% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-5.67 Cr | 0.37% |
| Infosys Limited | Equity - Future | ₹-5.66 Cr | 0.37% |
| Bharat Petroleum Corp Ltd | Equity | ₹5.66 Cr | 0.37% |
| Multi Commodity Exchange of India Ltd | Equity | ₹5.65 Cr | 0.37% |
| Power Finance Corp Ltd | Equity | ₹5.58 Cr | 0.37% |
| Balkrishna Industries Ltd | Equity | ₹5.55 Cr | 0.36% |
| Future on Dabur India Ltd | Equity - Future | ₹-5.51 Cr | 0.36% |
| RHI Magnesita India Ltd | Equity | ₹5.48 Cr | 0.36% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-5.44 Cr | 0.36% |
| R R Kabel Ltd | Equity | ₹5.33 Cr | 0.35% |
| Torrent Pharmaceuticals Ltd | Equity | ₹5.3 Cr | 0.35% |
| Century Plyboards (India) Ltd | Equity | ₹5.29 Cr | 0.35% |
| Future on Coal India Ltd | Equity - Future | ₹-5.2 Cr | 0.34% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-5.14 Cr | 0.34% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹5.11 Cr | 0.33% |
| Container Corporation of India Ltd | Equity | ₹4.87 Cr | 0.32% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-4.87 Cr | 0.32% |
| Future on Trent Ltd | Equity - Future | ₹-4.84 Cr | 0.32% |
| Hindustan Petroleum Corp Ltd | Equity | ₹4.84 Cr | 0.32% |
| Trent Ltd | Equity | ₹4.82 Cr | 0.32% |
| Future on RBL Bank Ltd | Equity - Future | ₹-4.74 Cr | 0.31% |
| RBL Bank Ltd | Equity | ₹4.73 Cr | 0.31% |
| Future on DLF Ltd | Equity - Future | ₹-4.51 Cr | 0.30% |
| DLF Ltd | Equity | ₹4.49 Cr | 0.29% |
| Go Digit General Insurance Ltd | Equity | ₹4.36 Cr | 0.29% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-4.19 Cr | 0.27% |
| Future on Vedanta Ltd | Equity - Future | ₹-4.1 Cr | 0.27% |
| Future on NTPC Ltd | Equity - Future | ₹-4 Cr | 0.26% |
| Avenue Supermarts Ltd | Equity | ₹3.77 Cr | 0.25% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-3.76 Cr | 0.25% |
| Zensar Technologies Ltd | Equity | ₹3.71 Cr | 0.24% |
| Aurobindo Pharma Ltd | Equity | ₹3.38 Cr | 0.22% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹3.31 Cr | 0.22% |
| Atul Ltd | Equity | ₹3.24 Cr | 0.21% |
| Divi's Laboratories Ltd | Equity | ₹3.03 Cr | 0.20% |
| Canara Bank | Bond - Gov't Agency Debt | ₹2.85 Cr | 0.19% |
| Syngene International Ltd | Equity | ₹2.84 Cr | 0.19% |
| Future on Balrampur Chini Mills Ltd | Equity - Future | ₹-2.63 Cr | 0.17% |
| Balrampur Chini Mills Ltd | Equity | ₹2.61 Cr | 0.17% |
| Ntpc Limited | Bond - Corporate Bond | ₹2.44 Cr | 0.16% |
| Future on Axis Bank Ltd | Equity - Future | ₹-2.31 Cr | 0.15% |
| SRF Ltd | Equity | ₹1.99 Cr | 0.13% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-1.49 Cr | 0.10% |
| Tata Power Co Ltd | Equity | ₹1.49 Cr | 0.10% |
| Future on L&T Finance Ltd | Equity - Future | ₹-1.46 Cr | 0.10% |
| L&T Finance Ltd | Equity | ₹1.46 Cr | 0.10% |
| UltraTech Cement Ltd | Equity | ₹1.4 Cr | 0.09% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-1.26 Cr | 0.08% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.25 Cr | 0.08% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.22 Cr | 0.08% |
| Kajaria Ceramics Ltd | Equity | ₹0.65 Cr | 0.04% |
| Future on Wipro Ltd | Equity - Future | ₹-0.39 Cr | 0.03% |
| HCL Technologies Ltd | Equity | ₹0.15 Cr | 0.01% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-0.15 Cr | 0.01% |
| Maruti Suzuki India Ltd | Equity | ₹0.06 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
39.45%
Mid Cap Stocks
5.65%
Small Cap Stocks
5.86%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹348.26 Cr | 22.84% |
| Industrials | ₹121.24 Cr | 7.95% |
| Consumer Cyclical | ₹99.35 Cr | 6.52% |
| Technology | ₹80.27 Cr | 5.26% |
| Basic Materials | ₹77.81 Cr | 5.10% |
| Consumer Defensive | ₹72.56 Cr | 4.76% |
| Energy | ₹68.99 Cr | 4.52% |
| Communication Services | ₹47.44 Cr | 3.11% |
| Healthcare | ₹42.39 Cr | 2.78% |
| Utilities | ₹42.28 Cr | 2.77% |
| Real Estate | ₹20.23 Cr | 1.33% |
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
Since January 2024
HB
Harshad Borawake
Since January 2024
Siddharth Srivastava
Since January 2024
RP
Ritesh Patel
Since January 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF769K01KW3 | Expense Ratio | 2.04% | Exit Load | 1.00% | Fund Size | ₹1,525 Cr | Age | 31 Jan 2024 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Domestic Price of Gold |
Investment 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.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3404.39 Cr | 23.2% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3404.39 Cr | 25.2% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3601.88 Cr | 32.0% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3601.88 Cr | 30.3% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5537.39 Cr | 27.0% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2541.51 Cr | 41.7% |
| UTI Multi Asset Fund Regular Growth High Risk | 2.0% | 1.0% | ₹2418.31 Cr | 37.2% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹43928.78 Cr | 31.0% |
| HDFC Multi - Asset Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3141.18 Cr | 22.7% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹101.71 Cr | 16.0% |
About the AMC
Total AUM
₹1,73,546 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at High Risk
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We're here to help.
What is the current NAV of Mirae Asset Multi Asset Allocation Fund Regular Growth?
The NAV of Mirae Asset Multi Asset Allocation Fund Regular Growth, as of 25-Jul-2024, is ₹11.00.
What is the portfolio composition of Mirae Asset Multi Asset Allocation Fund Regular Growth?
The fund's allocation of assets is distributed as 50.04% in equities, 14.08% in bonds, and 22.80% in cash and cash equivalents.
Who manages the Mirae Asset Multi Asset Allocation Fund Regular Growth?
The fund managers responsible for Mirae Asset Multi Asset Allocation Fund Regular Growth are:-
- Amit Modani
- Harshad Borawake
- Siddharth Srivastava
- Ritesh Patel
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.