Mirae Asset Multi Asset Allocation Fund - Direct Plan does not yet have a 5-year performance history.
The average return for Multi Asset Allocation funds is 67.77% .
The largest portfolio holding is MIRAE ASSET GOLD ETF with a portfolio weight of 11.36% .
The fund currently owns more than 162 stocks.
The top 10 holdings account for 37.07% of total assets.
Based on portfolio allocation, this fund appears well diversified compared with peers.
| Metric | Fund | Category Avg |
|---|---|---|
| 1 Year Return | 20.06% | 8.09% |
| 2 Year Return | N/A | 20.93% |
| 3 Year Return | N/A | 38.04% |
| 4 Year Return | N/A | 51.17% |
| 5 Year Return | N/A | 67.77% |
| 6 Year Return | N/A | 99.56% |
| 7 Year Return | N/A | 94.51% |
| Expense Ratio | 0.35% | - |
| # | Company | Sector | Weight |
|---|---|---|---|
| 1 | Finance - Mutual Funds |
11.36%
|
|
| 2 | Financials |
4.66%
|
|
| 3 | Finance - Banks - Private Sector |
4.50%
|
|
| 4 |
3.67%
|
||
| 5 | Financials |
2.69%
|
|
| 6 | Energy |
2.53%
|
|
| 7 | Communication Services |
2.29%
|
|
| 8 |
1.93%
|
||
| 9 | Financials |
1.85%
|
|
| 10 | E-Commerce/E-Retail |
1.61%
|
|
| 11 | Finance - Mutual Funds |
1.58%
|
|
| 12 | Utilities |
1.42%
|
AMC: MIRAEASSET
Category: Hybrid • Multi Asset Allocation
Launch Date: 10 Jan 2024
Fund Manager: Mr. Harshad Borawake
Minimum Purchase: ₹5,000
Exit Load: 15% of the units allotted (including Switch-in/STP-in) on or before completion of 180 days from the date of allotment of units: Nil. Any redemption in excess of such limits in the first 180 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): -If redeemed within 6 months (180 days) from the date of allotment: 1% -If redeemed after 6 months (180 days) from the date of allotment: NIL
Lock-in: 1
Risk: Moderate Risk
Mirae Asset Multi Asset Allocation Fund - Direct Plan is managed by MIRAEASSET and belongs to the Hybrid category.
Investors often evaluate this fund using metrics such as portfolio holdings, diversification, expense ratio, risk profile and long-term NAV performance.
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