Mirae Asset Multi Asset Allocation Fund Direct Growth

Hybrid
Multi Asset Allocation
Very High Risk
Launch date10 Jan 2024
Allotment date31 Jan 2024
End date24 Jan 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.43%

Inclusive of GST

Exit load

Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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%.

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Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹99

Fund house & investment objective

Rank (total assets)#13 in India
Total AUM₹2,08,109.62Cr
Date of Incorporation30 Nov 2007

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. ;

Investment Objective

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 house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NA

Peer Comparison

Hybrid, Multi Asset Allocation fundsRating1Y3YFund Size(Cr)
4
3.8%21.8%3,666.29
5
6.7%21.4%64,770.24
4
0.7%20.5%5,940.72
4
6.9%17.7%9,819.38
4
5.9%16.4%4,714.59