Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
| 1 Year | 3 Year | 5 Year | 9 Year | |
| CAGR(%) | 10.48 | N/A | N/A | N/A |
| Average Rolling Returns(%) | 13.97 | N/A | N/A | N/A |
The Current NAV of Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan is ₹13.80.
It is better to invest in a fund with a longer track record as Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.
Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan fund’s expense ratio is 0.34%
The process for redemption is
The AUM of Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan is currently ₹3,074 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Bharti Airtel and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 17% and 24% of fund’s portfolio respectively.
Top three sectors of Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan fund are Others, BFSI and Construction & Infrastructure accounting for 59% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Hybrid - Multi Asset Allocation it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan Fund is Hybrid - Multi Asset Allocation.
Harshad Borawake and Basant Bafna manage the Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan Fund.
Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan current PE ratio is 31.35 and PB ratio is 5.73
The asset allocation of Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan is Stocks : 77.01%, Debt : 22.55% and Gold : 17.34%
The minimum SIP amount for Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan is ₹99.00 and minimum lumpsum is ₹5000.00
The exit load for Mirae Asset Multi Asset Allocation Fund - Growth - Direct Plan is 1% on or before 6 months (180 days), Nil after 6 months (180 days)
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: