Mirae Asset Multi Asset Allocation Fund
Tthe scheme seeks to provide long-term capital appreciation from a portfolio investing in equity securities, Debt Instruments and Commodities.
Growthvine rating: 3/5 — ranked #24 of 50 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹13.19 (as of 2026-10-01) |
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| AUM | ₹3,593 Cr |
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| Expense ratio | 1.62% |
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| Riskometer | Very High |
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| Fund manager | Harshad Borawake |
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| Exit load | For units in excess of 15% of the investment, 1% will be charged for redemption within 180 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −9.29% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 109.4% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 66.8% of its downside.
Market cap allocation
| Large cap | 69.6% |
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| Mid cap | 13.2% |
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| Small cap | 17.2% |
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Concentration
| Top 5 holdings | 16.1% |
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| Top 10 holdings | 23.0% |
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| Total holdings | 139 |
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Top holdings
- Mirae Asset Gold ETF — 12.1%
- ICICI Bank Ltd. — 4.6%
- TREPS — 4.3%
- HDFC Bank Ltd. — 4.2%
- State Bank Of India — 2.8%
- Reliance Industries Ltd — 2.5%
- Bharti Airtel Ltd. — 2.1%
- AXIS Bank Ltd. — 1.9%
- 6.79% Government of India (MD 07/10/2034) — 1.9%
- Mirae Asset Silver ETF — 1.7%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −0.4% | Q2 | #18 of 44 |
| 2025 | 18.3% | Q2 | #13 of 34 |