QUICK FUND SUMMARY
Mirae Asset Multi Asset Allocation Fund Growth is a hybrid mutual fund managing assets worth ₹3,422.92 Cr. The current NAV is ₹13.42 as of Jul 20. It has delivered a maximum CAGR of 12.67%. Investors can start with a minimum SIP amount of ₹99.
Mirae Asset Multi Asset Allocation Fund Details
Fund Size | ₹3,422.92 Cr |
Type | Hybrid: Multi Asset Allocation |
Minimum Investment | ₹99 |
NAV (Jul 20) | ₹13.42 |
Plan Type | Regular |
Launch Date | 31 Jan 2024 |
Lock in Period | 0 days |
Plan Option | Growth |
Expense Ratio | 2.15% |
Withdrawal Charge | Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days. |
Mirae Asset Multi Asset Allocation Fund Holdings
Get an overview of this fund's exposure across asset classes, market cap segments, securities, credit ratings, etc.
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Mirae Asset Multi Asset Allocation Fund Peer Comparison
Comparison of funds that belong to the same category, based on historical returns
| Funds | 1Y Returns | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
Mirae Asset Multi Asset Allocation Fund | +10.20% | -- | -- |
ICICI Prudential Multi-Asset Fund | +6.51% | +15.25% | +17.45% |
Mirae Asset Multi Asset Allocation Fund Risk Indicator
The risk of the scheme is very high
As per SEBI guidelines, we've provided a riskometer to help you gauge the potential risk level of a mutual fund, ensuring that your investments align with your financial goals and risk tolerance
FAQs on Mirae Asset Multi Asset Allocation Fund
Mirae Asset Multi Asset Allocation Fund is a Growth Hybrid mutual fund managed by Mirae Asset Mutual Fund.
The current NAV of Mirae Asset Multi Asset Allocation Fund is ₹13.42 as of Jul 20.
You can invest in Mirae Asset Multi Asset Allocation Fund directly on share.market by searching for the fund, selecting your preferred mode (SIP or Lumpsum), and completing your KYC-verified investment in a few steps.
The minimum SIP amount for Mirae Asset Multi Asset Allocation Fund is ₹99.
The expense ratio of Mirae Asset Multi Asset Allocation Fund is 2.15%.
Mirae Asset Multi Asset Allocation Fund has an exit load as follows: exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.
The taxation of Mirae Asset Multi Asset Allocation Fund depends entirely on its underlying allocation to domestic equities. Aggressive Hybrids (Equity ≥ 65%) are taxed exactly like equity funds: 20% STCG if held ≤ 12 months; 12.5% LTCG if held > 12 months. Conservative Hybrids (Equity ≤ 35%) are taxed exactly like debt funds: all gains taxed at your income tax slab rate. For hybrid funds with equity exposure between 35% and 65%, the minimum holding period to qualify for LTCG is more than 24 months, with gains taxed at a flat 12.5%. Anything less than 24 months is deemed as STCG and taxed at applicable income tax slab rates. For units purchased prior to 1 April 2023: LTCG - 12.5% (if held for 24 months); STCG - Slab rate. The information set out above is included for general information purposes only and does not constitute legal, financial or tax advice. Tax laws are complex and subject to frequent amendments by the Government of India. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the mutual fund scheme.
Disclaimer: Past performance is not an indicator of future returns.
Mutual Fund investments are subject to market risks, read all scheme related documents and carefully for more information.

