Mirae Asset Multi Asset Allocation Fund-Dir (G)


Multi Asset Allocation
  • NAV 11.20 (0.30%)
  • Fund Size (Cr) ₹1524.79
  • Expense Ratio 0.41
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹0
  • Exit Load 1%
  • Return Since Launch 12.05%

Basic Details

Scheme Manager
Harshad Borawake
Bench Mark
65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 05-Jul-24
  • 10053.84
  • 0.54%
  • -
  • 0.51%
  • 41/96
  • 1 Month
  • 12-Jun-24
  • 10363.49
  • 3.63%
  • -
  • 3.45%
  • 34/96
  • 3 Month
  • 12-Apr-24
  • 10753.36
  • 7.53%
  • -
  • 7.34%
  • 41/92
  • 6 Month
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 1 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 31-Jan-24
  • 11205
  • 12.05%
  • 12.05%
  • 15.95%
  • 61/96

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Feb-24
  • 60000
  • 64337.64
  • 7.23%
  • 7.23%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

    %
  • Time Period

    yrs

Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
Why Wait? Start Investing
  • Select Scheme

  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    0.72%
  • Beta
    0.27%
  • Sharpe Ratio
    4.43%
  • Treynor’s Ratio
    0.14%
  • Jension’s Alpha
    10.33%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 5.72%
  • 518050
  • 87.23
  • Equity
  • Banks
  • ICICI Bank
  • 2.77%
  • 351500
  • 42.17
  • Equity
  • Banks
  • St Bk of India
  • 2.63%
  • 472750
  • 40.13
  • Equity
  • Banks
  • Reliance Industr
  • 2.50%
  • 122000
  • 38.20
  • Equity
  • Refineries
  • Larsen & Toubro
  • 2.10%
  • 90450
  • 32.10
  • Equity
  • Infrastructure Developers & Operators
  • Bharti Airtel
  • 2.04%
  • 215200
  • 31.08
  • Equity
  • Telecomm-Service
  • Infosys
  • 1.95%
  • 190000
  • 29.77
  • Equity
  • IT - Software
  • Axis Bank
  • 1.91%
  • 230125
  • 29.12
  • Equity
  • Banks
  • Shriram Finance
  • 1.57%
  • 82007
  • 23.88
  • Equity
  • Finance
  • Kotak Mah. Bank
  • 1.55%
  • 131100
  • 23.63
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Mirae Asset Multi Asset Allocation Fund-Dir (G)
  • Stars
  • 1524.79
  • 3.63%
  • 7.53%
  • -
  • -
  • -
  • Quant Multi Asset Fund - Direct (G)
  • Stars
  • 2541.51
  • 1.43%
  • 4.90%
  • 21.97%
  • 47.98%
  • 25.40%
  • Quant Multi Asset Fund - Direct (IDCW)
  • Stars
  • 2541.51
  • 1.43%
  • 4.88%
  • 21.95%
  • 47.97%
  • 25.38%
  • UTI-Multi Asset Allocation Fund - Direct (G)
  • Stars
  • 2418.31
  • 3.38%
  • 7.19%
  • 17.76%
  • 38.73%
  • 19.94%
  • UTI-Multi Asset Allocation Fund - Direct (IDCW)
  • Stars
  • 2418.31
  • 3.38%
  • 7.19%
  • 17.76%
  • 38.73%
  • 19.94%
  • Nippon India Multi Asset Fund - Direct (G)
  • Stars
  • 3601.89
  • 4.57%
  • 9.04%
  • 18.08%
  • 36.02%
  • 19.28%

News

  • Mirae Asset MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme Mirae Asset Mutual Fund has announced 16 July 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following schemes. The Quantum of IDCW on the face value of Rs 10 per unit will be:

    Mirae Asset Low Duration Fund ' Regular Plan ' Quarterly IDCW Option: Rs 18.75

    Mirae Asset Low Duration Fund ' Direct Plan ' Quarterly IDCW Option: Rs 20.25

    Powered by Capital Market - Live News

  • Mirae Asset launches India's first EV-focused index ETF Mirae Asset Mutual Fund (MF) has launched Nifty EV and New Age Automotive ETF, India's first Exchange Traded Fund (ETF) targeting the electric vehicle (EV) and new age automotive sector. The subscription window began on June 24th, 2024, and will close on July 5th, 2024. Investors can buy and sell shares on the exchange starting July 11th, 2024.

    The ETF tracks the Nifty EV and New Age Automotive Total Return Index, launched in May 2024. This index comprises 33 companies across the EV and new age automotive spectrum, including manufacturers of electric vehicles, hybrids, batteries, raw materials for EVs, and autonomous vehicle technologies. Major holdings currently include Mahindra & Mahindra, Bajaj Auto, and Maruti Suzuki. Thematic weightings are implemented within the index, limiting traditional automakers to a maximum 40% allocation and capping any single holding in that category at 8%.

    As of May 31st, 2024, the Nifty EV & New Age Automotive Index boasts total return of 52.78% over the past one year, 30.73% CAGR over the past five years, and 20.33% CAGR since its inception in April 2018.

    This ETF offers a convenient way for investors to participate in the potential growth of the EV and new age automotive sector. With anticipated acceleration in EV adoption, the ETF has the potential to deliver long-term capital appreciation.

    Powered by Capital Market - Live News

  • Mirae Asset MF Announces change in scheme name Mirae Asset Mutual Fund has announced change in scheme name under the following scheme, with effect from 01 June 2024:

    Change in the Scheme Name:

    Existing Name Revised Name
    Mirae Asset S&P BSE Sensex ETF Mirae Asset BSE Sensex ETF

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 10-Jan-2024
  • Total AUM (Cr) ₹1524.79

Mirae Asset Multi Asset Allocation Fund-Dir (G) is an Multi Asset Allocation-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in Jan 2024, this fund is managed by Harshad Borawake. With assets under management (AUM) worth ₹1524.79 (Cr), as of 12-Jul-2024, Mirae Asset Multi Asset Allocation Fund-Dir (G) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 12.05% since its launch.
The current NAV of Mirae Asset Multi Asset Allocation Fund-Dir (G) is ₹11.20, as on 12-Jul-2024. The fund’s benchmark index is 65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic. You can invest in Mirae Asset Multi Asset Allocation Fund-Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 66.95% in Equity, 18.55% in Debt and 14.5% in cash and cash equivalents
The top 5 sectors the fund invests in are: 18.43% in Debt, 16.62% in Banks, 14.35% in Others, 4.70% in IT-Software and 3.84% in Finance.

FAQs on Mirae Asset Multi Asset Allocation Fund-Dir (G)

Mirae Asset Multi Asset Allocation Fund-Dir (G) is a popular fund in the Multi Asset Allocation segment. The fund has generated a return of 12.05% since inception. Looking to invest in Mirae Asset Multi Asset Allocation Fund-Dir (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Multi Asset Allocation Fund-Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Mirae Asset Multi Asset Allocation Fund-Dir (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Multi Asset Allocation Fund-Dir (G) today and reap the benefits of this Multi Asset Allocation fund!

In the short term, i.e., 1 year, Mirae Asset Multi Asset Allocation Fund-Dir (G) has generated annualised return of -. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 12.05% returns.

The expense ratio of Mirae Asset Multi Asset Allocation Fund-Dir (G) Direct Growth is 0.41%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Mirae Asset Multi Asset Allocation Fund-Dir (G) is ₹1524.79 (Cr) as of 12 July 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Mirae Asset Multi Asset Allocation Fund-Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset Multi Asset Allocation Fund-Dir (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Mirae Asset Multi Asset Allocation Fund-Dir (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Mirae Asset Multi Asset Allocation Fund-Dir (G). Minimum lumpsum investment Mirae Asset Multi Asset Allocation Fund-Dir (G) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Mirae Asset Multi Asset Allocation Fund-Dir (G) is ₹11.20 as on 12 July 2024.

The 5 biggest stock holdings of Mirae Asset Multi Asset Allocation Fund-Dir (G) are:
HDFC Bank (5.72%), ICICI Bank (2.77%), St Bk of India (2.63%), Reliance Industr (2.50%), Larsen & Toubro (2.10%)

A majority of Mirae Asset Multi Asset Allocation Fund-Dir (G) 's AUM worth ₹1524.79 (Cr) is invested in these 3 top sectors:

  • Debt: 18.43%
  • Banks: 16.62%
  • Others: 14.35%

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    5 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    2,361 Crore+
    Average Daily Turnover