Launch date | 10 Jan 2024 |
Allotment date | 31 Jan 2024 |
End date | 24 Jan 2024 |
NAV | ₹10.00 |
Inclusive of GST
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.
0.005% (from July 1st, 2020)
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Min. for 1st investment | ₹5,000 |
Min. for 2nd investment onwards | ₹1,000 |
Min. for SIP | ₹99 |
Rank (total assets) | #13 in India |
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Total AUM | ₹2,08,109.62Cr |
Date of Incorporation | 30 Nov 2007 |
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Mirae Asset Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ritesh Patel is the Current Fund Manager of Mirae Asset Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,08,110 Cr and the Latest NAV as of 26 Sep 2025 is ₹12.65. The Mirae Asset Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days. ;
The scheme seeks to provide long-term capital appreciation from a portfolio investing in equity and equity related securities, Debt and money market instruments, Gold ETFs, Silver ETFs and Exchange Traded Commodity Derivatives. ;
Fund benchmark | NA |
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Hybrid, Multi Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
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Quant Multi Asset Allocation Fund Direct Growth | 4 | 3.8% | 21.8% | 3,666.29 |
ICICI Prudential Multi Asset Fund Direct Growth | 5 | 6.7% | 21.4% | 64,770.24 |
UTI Multi Asset Allocation Fund Direct Growth | 4 | 0.7% | 20.5% | 5,940.72 |
SBI Multi Asset Allocation Fund Direct Growth | 4 | 6.9% | 17.7% | 9,819.38 |
HDFC Multi Asset Fund Direct Growth | 4 | 5.9% | 16.4% | 4,714.59 |