Mirae Asset Multi Asset Allocation Fund-Dir (IDCW)


Multi Asset Allocation
  • NAV 10.13 (0.11%)
  • Fund Size (Cr) ₹1195.7
  • Expense Ratio 0.38
  • 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 1.19%

Basic Details

Scheme Manager
Harshad Borawake
Bench Mark
65% S&P 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
  • 19-Feb-24
  • 10020.80
  • 0.21%
  • -
  • 0.30%
  • 35/78
  • 1 Month
  • 0
  • -
  • -
  • 3.28%
  • -/-
  • 3 Month
  • 0
  • -
  • -
  • 10.29%
  • -/-
  • 6 Month
  • 0
  • -
  • -
  • 14.67%
  • -/-
  • 1 Year
  • 0
  • -
  • -
  • 29.20%
  • -/-
  • 3 Year
  • 0
  • 0%
  • -
  • 17.51%
  • -/-
  • 5 Year
  • 0
  • 0%
  • -
  • 17.13%
  • -/-
  • Since Inception
  • 31-Jan-24
  • 10119
  • 1.19%
  • 1.19%
  • 11.86%
  • 73/78

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Feb-24
  • 10000
  • 10106.75
  • 1.07%
  • 1.07%
  • 3 Year
  • 01-Feb-24
  • 10000
  • 10106.75
  • 1.07%
  • 0.35%
  • 5 Year
  • 01-Feb-24
  • 10000
  • 10106.75
  • 1.07%
  • 0.21%
  • 10 Year
  • 01-Feb-24
  • 10000
  • 10106.75
  • 1.07%
  • 0.11%

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%
  • Beta
    -
  • Sharpe Ratio
    0%
  • Treynor’s Ratio
    0%
  • Jension’s Alpha
    -

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
  • 3.79%
  • 310000
  • 45.34
  • Equity
  • Banks
  • St Bk of India
  • 1.9%
  • 355000
  • 22.74
  • Equity
  • Banks
  • Axis Bank
  • 1.61%
  • 180000
  • 19.22
  • Equity
  • Banks
  • Larsen & Toubro
  • 1.46%
  • 50000
  • 17.40
  • Equity
  • Infrastructure Developers & Operators
  • TCS
  • 1.28%
  • 40000
  • 15.26
  • Equity
  • IT - Software
  • Infosys
  • 0.97%
  • 70000
  • 11.63
  • Equity
  • IT - Software
  • Reliance Industr
  • 0.95%
  • 40000
  • 11.41
  • Equity
  • Refineries
  • ICICI Bank
  • 0.86%
  • 100000
  • 10.28
  • Equity
  • Banks
  • Hind. Unilever
  • 0.83%
  • 40000
  • 9.93
  • Equity
  • FMCG
  • Kotak Mah. Bank
  • 0.76%
  • 50000
  • 9.13
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Mirae Asset Multi Asset Allocation Fund-Dir (IDCW)
  • Stars
  • 1195.7
  • -
  • -
  • -
  • -
  • -
  • Quant Multi Asset Fund - Direct (IDCW)
  • Stars
  • 1455.83
  • 11.42%
  • 24.02%
  • 32.77%
  • 48.04%
  • 35.22%
  • Quant Multi Asset Fund - Direct (G)
  • Stars
  • 1455.83
  • 11.42%
  • 24.02%
  • 32.76%
  • 48.04%
  • 35.23%
  • UTI-Multi Asset Allocation Fund - Direct (G)
  • Stars
  • 1152.38
  • 4.76%
  • 14.21%
  • 23.56%
  • 40.19%
  • 17.38%
  • UTI-Multi Asset Allocation Fund - Direct (IDCW)
  • Stars
  • 1152.38
  • 4.76%
  • 14.21%
  • 23.56%
  • 40.18%
  • 17.38%
  • Nippon India Multi Asset Fund - Direct (G)
  • Stars
  • 2543.08
  • 3.91%
  • 11.50%
  • 17.59%
  • 31.97%
  • 17.64%

News

  • Mirae Asset MF Announces change in fund managers under its schemes Mirae Asset Mutual Fund has announced change in fund managers under the following schemes, with effect from 01 February 2024.

    Change in Fund Management Responsibilities:

    Name of the Scheme Existing Fund Managers Revised Fund Managers
    Mirae Asset Banking & PSU Fund (formerly known as Mirae Asset Banking & PSU Debt Fund) Mr. Basant Bafna Ms. Kruti Chheta
    Mirae Asset Corporate Bond Fund Mr. Mahendra Jajoo & Mr. Basant Bafna Mr. Amit Modani
    Mirae Asset Low Duration Fund (formerly known as Mirae Asset Savings Fund) Ms. Kruti Chheta Mr. Basant Bafna
    Mirae Asset Short Duration Fund (formerly known as Mirae Asset Short Term Fund) Mr. Basant Bafna & Mr. Amit Modani Mr. Basant Bafna
    Mirae Asset Nifty SDL Jun 2027 Index Fund Mr. Mahendra Jajoo & Mr. Amit Modani Mr. Amit Modani

    Powered by Capital Market - Live News

  • Mirae Asset Savings Fund Announces Income Distribution cum Capital Withdrawal (IDCW) Mirae Asset Mutual Fund has announced 15 January 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 1000 per unit under Mirae Asset Low Duration Fund. The quantum of IDCW (Rs per unit) will be:

    Regular Savings Plan ? Quarterly IDCW Option: 17.00

    Direct Plan ? Quarterly IDCW Option: 18.75

    Powered by Capital Market - Live News

  • Mirae Asset MF Announces change in scheme name under its schemes Mirae Asset Mutual Fund has announced the change in the names of its below mentioned funds, with effect from December 15, 2023 as follows:

    Change in Scheme name:

    Existing Scheme name(s) Revised Scheme name(s)
    Mirae Asset Emerging Bluechip Fund Mirae Asset Large & Midcap Fund
    Mirae Asset Short Term Fund Mirae Asset Short Duration Fund
    Mirae Asset Tax Saver Fund Mirae Asset ELSS Tax Saver Fund
    Mirae Asset Cash Management Fund Mirae Asset Liquid Fund
    Mirae Asset Hybrid-Equity Fund Mirae Asset Aggressive Hybrid Fund
    Mirae Asset Banking and PSU Debt Fund Mirae Asset Banking and PSU Fund
    Mirae Asset Savings Fund Mirae Asset Low Duration Fund

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 10-Jan-2024
  • Total AUM (Cr) ₹1195.70

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 Jan 2024, this fund is managed by Harshad Borawake. With assets under management (AUM) worth ₹1195.70 (Cr), as of 27-Feb-2024, 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 1.19% since its launch.
The current NAV of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) is ₹10.13, as on 27-Feb-2024. The fund’s benchmark index is 65% S&P 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 (IDCW) 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 20.16% in Equity, 104.05% in Debt and -24.21% in cash and cash equivalents
The top 5 sectors the fund invests in are: 104.05% in Debt, 8.92% in Banks, 3.63% in IT-Software, 1.57% in Diversified FMCG and 1.46% in Construction.

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

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 1.19% 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 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 (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: 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 (IDCW) 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 (IDCW) 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 1.19% returns.

The expense ratio of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) Direct Growth is 0.38%. 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 (IDCW) is ₹1195.70 (Cr) as of 27 February 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 (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).

Yes, you can invest both lumpsum and SIP in Mirae Asset Multi Asset Allocation Fund-Dir (IDCW). Minimum lumpsum investment Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) 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 (IDCW) is ₹10.13 as on 27 February 2024.

The 5 biggest stock holdings of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) are:
HDFC Bank (3.79%), St Bk of India (1.9%), Axis Bank (1.61%), Larsen & Toubro (1.46%), TCS (1.28%)

A majority of Mirae Asset Multi Asset Allocation Fund-Dir (IDCW) 's AUM worth ₹1195.70 (Cr) is invested in these 3 top sectors:

  • Debt: 104.05%
  • Banks: 8.92%
  • IT-Software: 3.63%

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