Mirae Asset Multi Asset Allocation Fund - Growth - Regular Plan

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  • Net Change on 14-06-2024

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Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the scheme is to provide long-term capital appreciation from a portfolioinvesting in equity and equity related securities, Debt and money market instruments, Gold ETFs, Silver ETFs and Exchange Traded Commodity Derivatives.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
BSE 200 - TRI 7.09 10.37 36.73 18.27 18.82 12.60
Gold-India N/A N/A N/A N/A N/A N/A
Nifty Short Duration Debt Index N/A N/A N/A N/A N/A N/A
Silver N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Multi-Asset Fund - Growth Oct 31, 2002 33.16 22.64 20.16 1.52 41,159.52
SBI MULTI ASSET ALLOCATION FUND - REGULAR PLAN - GROWTH Nov 30, 2005 28.68 14.80 14.95 1.49 4,943.46
HDFC Multi-Asset Fund -Growth Option Aug 17, 2005 23.51 13.72 14.93 1.97 2,897.11
Quant Multi Asset Fund-GROWTH OPTION Mar 20, 2001 49.53 25.04 29.00 1.94 2,400.49
UTI Multi Asset Allocation Fund - Regular Plan - Growth Option Dec 17, 2008 37.56 18.07 15.36 1.97 2,026.51

Fund Holdings as on 31-May-2024

  • Mirae Asset Gold ETF

  • HDFC Bank Limited

  • 7.18% Government of India (14/08/2033)

  • Mirae Asset Silver ETF

  • ICICI Bank Limited

  • State Bank of India

  • Reliance Industries Limited

  • Larsen & Toubro Limited

  • Bharti Airtel Limited

  • Axis Bank Limited

  • Infosys Limited

  • TREPS

  • 7.57% Indian Railway Finance Corporation Limited (18/04/2029)

  • 7.8% National Bank For Agriculture and Rural Development (15/03/2027) **

  • 7.7% REC Limited (10/12/2027) **

  • 7.75% Small Industries Dev Bank of India (10/06/2027) **

  • ITC Limited

  • Tata Consultancy Services Limited

  • Shriram Finance Limited

  • NTPC Limited

  • Kotak Mahindra Bank Limited

  • Tata Motors Limited

  • Hindalco Industries Limited

  • Infina Finance Private Limited (10/12/2024) **

  • Brigade Enterprises Limited

  • Coal India Limited

  • Hindustan Unilever Limited

  • Ambuja Cements Limited

  • Net Receivables / (Payables)

  • HDFC Bank Limited (28/02/2025) ** #

  • Samvardhana Motherson International Limited

  • Godrej Consumer Products Limited

  • Kotak Mahindra Bank Limited (13/03/2025) ** #

  • Dabur India Limited

  • IndusInd Bank Limited

  • Axis Bank Limited (21/02/2025) ** #

  • Bharat Electronics Limited

  • InterGlobe Aviation Limited

  • The Federal Bank Limited

  • ACC Limited

  • 7.18% Government of India (24/07/2037)

  • Eicher Motors Limited

  • Titan Company Limited

  • SBI Life Insurance Company Limited

  • Gland Pharma Limited

  • Zomato Limited

  • LTIMindtree Limited

  • Power Grid Corporation of India Limited

  • GAIL (India) Limited

  • Hindustan Aeronautics Limited

  • Craftsman Automation Limited

  • TBO Tek Limited

  • Cipla Limited

  • Voltas Limited

  • Embassy Office Parks REIT

  • Go Fashion (India) Limited

  • Tata Communications Limited

  • Tata Steel Limited

  • Apollo Hospitals Enterprise Limited

  • Havells India Limited

  • Fusion Micro Finance Limited

  • Electronics Mart India Limited

  • Dixon Technologies (India) Limited

  • Wipro Limited

  • RHI Magnesita India Limited

  • Dalmia Bharat Limited

  • IIFL Finance Limited

  • India Shelter Finance Corporation Limited

  • Bank of Baroda

  • Bajaj Finserv Limited

  • Oil & Natural Gas Corporation Limited

  • Power Finance Corporation Limited

  • HDFC Life Insurance Company Limited

  • TD Power Systems Limited

  • R R Kabel Limited

  • Indian Railway Catering And Tourism Corporation Limited

  • Balkrishna Industries Limited

  • Multi Commodity Exchange of India Limited

  • Hindustan Petroleum Corporation Limited

  • Torrent Pharmaceuticals Limited

  • Bharat Petroleum Corporation Limited

  • LIC Housing Finance Limited

  • Container Corporation of India Limited

  • Cera Sanitaryware Limited

  • Zee Entertainment Enterprises Limited

  • Data Patterns (India) Limited

  • Century Plyboards (India) Limited

  • DLF Limited

  • RBL Bank Limited

  • Vedanta Limited

  • Trent Limited

  • Go Digit General Insurance Limited

  • 7.32% Government of India (13/11/2030)

  • HCL Technologies Limited

  • Avenue Supermarts Limited

  • Aurobindo Pharma Limited

  • Atul Limited

  • Coforge Limited

  • Glenmark Pharmaceuticals Limited

  • Divi's Laboratories Limited

  • Canara Bank (20/03/2025) ** #

  • Syngene International Limited

  • 7.11% Small Industries Dev Bank of India (27/02/2026)

  • 5.45% NTPC Limited (15/10/2025) **

  • Balrampur Chini Mills Limited

  • SRF Limited

  • Tata Power Company Limited

  • Maruti Suzuki India Limited

  • L&T Finance Limited

  • UltraTech Cement Limited

  • Sun Pharmaceutical Industries Limited

  • ICICI Lombard General Insurance Company Limited

  • Kajaria Ceramics Limited

  • PB Fintech Limited

  • Grasim Industries Limited

  • Canara Bank

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Bank - Public

  • Refineries

  • Household & Personal Products

  • Telecommunication - Service Provider

  • Engineering - Construction

  • Cement & Construction Materials

  • Pharmaceuticals & Drugs

  • Power Generation/Distribution

  • Finance - NBFC

  • Cigarettes/Tobacco

  • Auto Ancillary

  • Metal - Non Ferrous

  • Retailing

  • Insurance

  • Construction - Real Estate

  • Automobiles-Trucks/Lcv

  • Mining & Minerals

  • Travel Services

  • Defence

  • Electric Equipment

  • Finance - Investment

  • Engineering - Industrial Equipments

  • Airlines

  • Finance - Housing

  • Automobile Two & Three Wheelers

  • Diamond & Jewellery

  • e-Commerce

  • Industrial Gases & Fuels

  • Air Conditioners

  • Hospital & Healthcare Services

  • Steel & Iron Products

  • Consumer Durables - Electronics

  • Refractories

  • Oil Exploration

  • Finance Term Lending

  • Ceramics/Marble/Granite/Sanitaryware

  • Cable

  • Finance - Stock Broking

  • Tyres & Allied

  • Logistics

  • Chemicals

  • TV Broadcasting & Software Production

  • Wood & Wood Products

  • Business Support

  • Sugar

  • Automobiles - Passenger Cars

  • Fintech

  • Diversified

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Fund Manager

  • Education:MBA (Tech), BTech
  • Experience:10
  • Basic Details:Mr. Srivastava has more than 10 years of experience in the field of financial services and stock markets.He has been associated with Mirae Asset Investment Managers (India) Private Limited from 1st January 2020 till date with overall responsibilities of leading passive investment products.He has been associated with Mirae Asset Global Investments (India) Private Limited from 17th Oct, 2018 – 31st December 2019 with overall responsibilities of leading passive investment products of the company.Prior to this assignment, he was Senior Manager at NSE Indices Limited from Sep 2014 – Oct 2018 and was associated as Senior Associate at Morgan Stanley Capital International from Nov 2010 – Aug 2014.
  • Funds Managed:
  • Mirae Asset Multi Asset Allocation Fund
  • Education:Bachelors in financial market, CMT L-2 Candidate
  • Experience:10 Years
  • Basic Details:Mr. Ritesh Patel has over 10 years of experience in Commodities market. Prior to joining Mirae Asset Investment Managers (India) Private Limited, Mr. Patel has worked with companies like Aditya Birla Money Ltd, IIFL Securities, Ventura Securities, Choice Broking Pvt. Ltd and Waves research. Currently, Mr. Ritesh Patel is not managing any other scheme of Mirae Asset Mutual Fund.
  • Funds Managed:
  • Mirae Asset Multi Asset Allocation Fund
  • Mirae Asset Silver ETF
  • Mirae Asset Gold ETF
  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • Equity

  • ICRA AAA

  • MFU

  • REITs & InvITs

  • SOVEREIGN

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About Mirae Asset Multi Asset Allocation Fund

Scheme Analysis

Mirae Asset Multi Asset Allocation Fund is a Hybrid - Multi Asset Allocation fund and belongs to Mirae Asset Mutual Fund. It was launched on 31-Jan-2024 and currently has an AUM of ₹1,447.55 crore. Mirae Asset Multi Asset Allocation Fund is benchmarked against BSE 200 - TRI as primary index and Gold-India as primary index and Nifty Short Duration Debt Index as primary index and Silver as secondary index.

The NAV of Mirae Asset Multi Asset Allocation Fund ended up ₹0.04(0.35%)yesterday to ₹10.805.

Among its top 3 holdings the fund has exposure to Mirae Asset Gold ETF, and

The Mirae Asset Multi Asset Allocation Fund is managed by Harshad Borawake and Amit Modani.

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940