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Mirae Asset Multi Asset Allocation Fund-Dir (IDCW)

Multi Asset Allocation
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  • NAV

    12.28(-0.02%)

  • Fund Size (CR)

    ₹1,991.37

  • Expense Ratio

    0.41

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹99

  • Minimum Withdrawal

    ₹1

  • 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. 1.00% - If redeemed within 6 months (180 days) from the date of allotment. Nil - If redeemed after 6 months (180 days) from the date of allotment.

    1%

  • Return Since Launch

    16.19%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 9.67%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Harshad Borawake

Bench Mark

65% Nifty 500 TRI + 25% Nifty Short Duration Debt Index + 7.5% Domestic Price of Gold + 2.5% Domestic Price of Silver

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 6 June 20259960.25-0.40%--0.27%83/114
1 Month13 May 202510235.952.36%-2.41%62/110
3 Month13 March 202511022.6310.23%-9.54%42/110
6 Month13 December 202410598.245.98%-3.12%13/100
1 Year13 June 202411331.9213.32%13.32%8.92%8/96
3 Year--0%-18.50%-/-
5 Year--0%-20.30%-/-
Since Inception31 January 202412277.0022.77%16.19%13.72%43/110

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 July 20241,20,000128632.277.19% 7.19%
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
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

2.12%

Standard Deviation

0.57%

Beta

1.22%

Sharpe Ratio

0.07%

Treynor's Ratio

6.59%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
HDFC Bank5.42%554642107.87EquityBanks
ICICI Bank3.34%45965066.46EquityBanks
Bharti Airtel2.29%24587545.64EquityTelecomm-Service
St Bk of India2.18%53497643.46EquityBanks
Reliance Industr1.96%27467839.03EquityRefineries
Infosys1.90%24200437.82EquityIT - Software
Axis Bank1.58%26435031.52EquityBanks
TCS1.52%8766330.36EquityIT - Software
Larsen & Toubro1.51%8160429.99EquityInfrastructure Developers & Operators
M & M1.48%9875029.40EquityAutomobile

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Mirae Asset Multi Asset Allocation Fund-Dir (IDCW)
1991.372.36%10.23%5.98%13.32%-
WhiteOak Capital Multi Asset Allocation-Dir (G)
2245.191.62%7.76%7.43%16.95%-
DSP Multi Asset Allocation Fund - Direct (G)
3157.862.86%9.18%6.09%15.28%-
DSP Multi Asset Allocation Fund - Direct (IDCW)
3157.862.86%9.18%6.09%15.27%-
Mirae Asset Multi Asset Allocation Fund-Dir (G)
1991.372.36%10.23%5.98%13.33%-
Mirae Asset Multi Asset Allocation Fund-Dir (IDCW)
1991.372.36%10.23%5.98%13.32%-

List of Schemes under Mirae Asset Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Mirae Asset Midcap FundEquityVery High4.52%2₹16,336.65
Mirae Asset Large Cap FundEquityVery High8.32%3₹39,530.24
Mirae Asset Arbitrage FundHybridLow7.62%4₹3,363.76
Mirae Asset Hang Seng TECH ETF Fund of FundOtherVery High52.53%0₹87.28
Mirae Asset Global X Artificial Intelligence & Technology ETF FOFOtherVery High21.5%0₹313.74
Mirae Asset Banking&Financial Services FundEquityVery High14.75%3₹1,998.29
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoFOtherVery High-6.45%0₹208.05
Mirae Asset Healthcare FundEquityVery High17.46%2₹2,690.55
Mirae Asset BSE Select IPO ETF Fund of FundOtherVery High0%0₹9.66
Mirae Asset NYSE FANG+ ETF Fund of FundOtherVery High40.09%0₹1,924.67
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index FundOtherModerate11.2%0₹243.68
Mirae Asset FMP - Series V - Plan 4DebtModerately Low0%0₹0.00
Mirae Asset FMP - Series V - Plan 3DebtModerately Low0%0₹0.00
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index FundOtherModerate8.3%0₹87.46
Mirae Asset Small Cap FundEquityVery High0%0₹1,580.47
Mirae Asset Long Duration FundDebtModerate0%0₹42.51
Mirae Asset Income plus Arbitrage Active FOFOtherModerate0%₹0.00
Mirae Asset Low Duration FundDebtModerately Low8.61%3₹1,838.28
Mirae Asset Nifty LargeMidcap 250 Index FundOtherVery High0%0₹19.69
Mirae Asset Large & Midcap FundEquityVery High4.68%2₹39,459.25
Mirae Asset Aggressive Hybrid FundHybridVery High8.67%3₹9,057.55
Mirae Asset Balanced Advantage FundHybridModerately High8.96%0₹1,854.08
Mirae Asset Corporate Bond FundDebtModerate9.65%2₹44.33
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoFOtherVery High-3.48%0₹243.12
Mirae Asset Diversified Equity Allocator Passive FOFOtherVery High3.81%4₹937.78
Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOFOtherVery High-0.95%0₹47.42
Mirae Asset Nifty SDL June 2028 Index FundOtherModerate10.48%0₹73.82
Mirae Asset BSE 200 Equal Weight ETF Fund of FundOtherVery High0%0₹8.98
Mirae Asset Gold ETF Fund of FundOtherHigh0%0₹0.00
Mirae Asset Multi Asset Allocation FundHybridVery High13.33%0₹1,991.37
Mirae Asset Nifty Total Market Index FundOtherVery High0%0₹41.84
Mirae Asset Equity Savings FundHybridModerately High9.75%3₹1,442.49
Mirae Asset Money Market FundDebtModerately Low8.42%4₹2,658.65
Mirae Asset Ultra Short Duration FundDebtModerate8.13%4₹1,780.38
Mirae Asset Nifty India New Age Consumption ETF Fund of FundOtherVery High0%0₹13.57
Mirae Asset Nifty 50 Index FundOtherVery High0%0₹29.46
Mirae Asset ELSS Tax Saver FundEquityVery High8.1%3₹25,567.42
Mirae Asset Banking and PSU FundDebtModerate9.44%3₹47.74
Mirae Asset Flexi Cap FundEquityVery High8.42%0₹2,814.74
Mirae Asset Focused FundEquityVery High12.01%2₹7,926.73
Mirae Asset Short Duration FundDebtModerately Low9.89%4₹1,056.03
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index FundOtherModerately Low0%₹0.00
Mirae Asset Nifty 100 ESG Sector Leaders Fund of FundOtherVery High6.42%0₹100.33
Mirae Asset S&P 500 Top 50 ETF Fund of FundOtherVery High23.26%0₹612.06
Mirae Asset Multicap FundEquityVery High8.86%0₹3,709.61
Mirae Asset Nifty200 Alpha 30 ETF FOFOtherVery High0%0₹198.50
Mirae Asset Overnight FundDebtLow6.48%4₹1,009.74
Mirae Asset Liquid FundDebtModerate7.34%4₹14,285.45
Mirae Asset Nifty India Manufacturing ETF Fund ofOtherVery High-2.21%0₹112.75
Mirae Asset Dynamic Bond FundDebtModerate9.24%3₹120.28
Mirae Asset Great Consumer FundEquityVery High3.28%4₹4,224.05
Mirae Asset Nifty SDL Jun 2027 Index FundOtherModerate9.56%0₹647.77

News

  • Mirae Asset Mutual Fund announces change in fund manager under its schemes

    Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, With effect from 16 June 2025

    Change in Fund Manager:

    Name of the Scheme(s) Existing Fund Manager(s) Proposed Fund Manager(s)
    Mirae Asset Great Consumer Fund Mr. Ankit Jain &
    Mr. Siddhant Chhabria     		Mr. Siddhant Chhabria
    Mirae Asset Banking & Financial Services Fund Mr. Gaurav Kochar Mr. Harshad Borawake

    Powered by Capital Market - Live News

  • Mirae Asset Mutual Fund announces change in fund manager under its scheme

    Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, with effect from 05 June 2025.

    Change in Fund Manager:

    Name of the Scheme(s) Existing Fund Manager(s) Proposed Fund Manager(s)
    Mirae Asset Multi Asset Allocation Fund Mr. Harshad Borawake (for equity portion),
    Mr. Siddharth Srivastava (for overseas portion),
    Mr. Ritesh Patel (for commodity portion),
    Mr. Basant Bafna (for debt portion)     		Mr. Harshad Borawake (for equity portion),
    Mr. Siddharth Srivastava (for overseas portion),
    Mr. Ritesh Patel (for commodity portion),
    Mr. Mahendra Kumar Jajoo (for debt portion)

    Powered by Capital Market - Live News

  • Mirae Asset Mutual Fund announces change in Key Personnel

    Mirae Asset Mutual Fund has announced that Mr. Vijay Rao has been appointed as a Head - Information Technology on the Board of the Trustee Company with effect from May 20, 2025.

    Details of Mr. Vijay Rao

    Age: 42

    Designation: Head - Information Technology

    Qualification : B.E. (Bachelor of Engineering) - Mechanical, PGDBM (Post Graduate in Business Management) - Systems/IT /

    Experience : 19 years & 8 months

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

10 January 2024

Total AUM (Cr)

₹1991.37

Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) is an Multi Asset Allocation-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 10 January 2024, this fund is managed by Harshad Borawake. With assets under management (AUM) worth ₹1,991.37 (Cr), as of 13 June 2025, Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 16.19% since its launch.
The current NAV of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) is ₹12.28, as on 13 June 2025. The fund's benchmark index is 65% Nifty 500 TRI + 25% Nifty Short Duration Debt Index + 7.5% Domestic Price of Gold + 2.5% Domestic Price of Silver. You can invest in Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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. 1.00% - If redeemed within 6 months (180 days) from the date of allotment. Nil - If redeemed after 6 months (180 days) from the date of allotment. The fund has generated undefined% and undefined% 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 67.20% in Equity, 18.93% in Debt and 13.87% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.15% in Debt, 14.74% in Others, 14.42% in Banks, 6.03% in IT-Software, 4.41% in Finance

FAQs

How to Invest in Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) Direct Growth?

Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) is a popular fund in the Multi Asset Allocation segment. The fund has generated a return of 16.19% since inception. Looking to invest in Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) 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 on Mutual Funds, Delivery & IPO.
  • 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 (IDCW)
  • 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: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode 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: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

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

How much returns has Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) has generated annualised return of 13.32%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 16.19% returns.

What is the expense ratio of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) Direct Growth?

The expense ratio of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) 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.

What is the AUM of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) is ₹1,991.37 (Cr) as of 2025-06-13 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) Direct Growth?

Redeeming or selling units of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) 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 (IDCW):
  • 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 (IDCW)).
  • 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).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.