Mirae Asset Multi Asset Allocation Fund
Mirae Asset Mutual Fund · Multi Asset Allocation · Direct plan, growth option
NAV (₹), 1 Oct 2026
13.7540
1-day change
-0.49%
1Y return
7.6%
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 1 Feb 2024 to 1 Oct 2026
Returns vs Multi Asset Allocation median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.1% | -3.9% |
| 3 months | -0.5% | -1.8% |
| 6 months | 4.5% | 4.0% |
| Year to date | 0.7% | 0.1% |
| 1 year | 7.6% | 6.4% |
| 3 years (CAGR) | n/a | 14.0% |
| 5 years (CAGR) | n/a | 12.7% |
| 7 years (CAGR) | n/a | 13.8% |
| 10 years (CAGR) | n/a | 11.6% |
| Since first NAV (CAGR) | 12.6% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 13.8% | 12.5% |
| 3Y rolling median | n/a | 17.0% |
| 3Y rolling worst | n/a | 4.4% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.8% |
| 5Y rolling worst | n/a | 1.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 9.9% |
| Sharpe ratio | n/a | 0.76 |
| Sortino ratio | n/a | 1.10 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −9.1% | −12.0% |
| Maximum drawdown, last 10Y | n/a | −27.2% |
| Maximum drawdown, last 5Y | n/a | −10.5% |
| Current drawdown | −4.3% | −5.8% |
| Recovery time of worst fall | 133 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
22,421.95 −0.88%
NSE close, 1 Oct 2026
- P/E 19.2: higher than 0% of days since 2023 (median 22.2)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
1,48,138.00 +0.17%
IBJA close, 1 Oct 2026 · ₹ per 10 g (999)
- 1Y +25.6% · 3Y +35.9% p.a. · 5Y +25.2% p.a. (index fund NAV, after costs)
- −15.0% from its 52-week high (proxy NAV)
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.14% a year and the Direct plan's 0.64%, a gap of 1.50%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹34,87,952.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 24 Sep 2026: TER increased from 0.63% to 0.64% (AMFI TER disclosure)
- 18 Sep 2026: TER reduced from 0.64% to 0.63% (AMFI TER disclosure)
- 14 Sep 2026: TER increased from 0.63% to 0.64% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Harshad Borawake | Primary | 31 Jan 2024 |
| Basant Bafna | Primary | 27 Dec 2025 |
| Siddharth Srivastava | Primary | 31 Jan 2024 |
| Ritesh Patel | Primary | 31 Jan 2024 |
Objective: The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in equity securities, Debt Instruments and Commodities. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity and equity related instruments*: 65% 80% HighCommodity ETFs, Exchange Traded Commodity Derivatives (ETCDs) & any other mode of investment in commodities as permitted by SEBI from time to time: 10% 25% Medium to High Debt securities (including securitized debt & debt derivatives), money market instruments (including Triparty REPO, Reverse Repo and equivalent): 10% 25% Medium to High Units issued by InvITs and units of mutual Funds: 0% 10% Low to Medium
Benchmark (tier 1): 65% Nifty 500 TRI + 25% Nifty Short Duration Debt Index + 7.5% Domestic Price of Gold + 2.5% Domestic Price of Silver
Exit load: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP-in) on or before completion of 180 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 180 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): -If redeemed within 6 months (180 days) from the date of allotment: 1% -If redeemed after 6 months (180 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted f…
Minimum application: ₹5,000
Allotment date: 31 Jan 2024
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.64% | 0.85% |
| AUM, whole scheme (₹ crore) | 3,607 | 1,913 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 8.8% | 3.7% TRI |
Official benchmark: 65% Nifty 500 TRI + 25% Nifty Short Duration Debt Index +7.5% Domestic Price of Gold + 2.5% Domestic Price of Silver (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Multi Asset Allocation Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 0.7% | n/a | – |
| 2025 | 20.1% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,21,341 | 2.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Multi Asset Allocation
Plan / option: Direct · Growth
AMFI scheme code: 152344
ISIN: INF769K01KZ6
First NAV in MFIC data: 1 Feb 2024
History: 2.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund | Multi Asset Allocation | 0.98 | 15.1% |
| Union Multi Asset Allocation Fund | Multi Asset Allocation | 0.97 | n/a |
| Nippon India Multi Asset Allocation Fund | Multi Asset Allocation | 0.97 | 18.1% |
| SBI MULTI ASSET ALLOCATION FUND | Multi Asset Allocation | 0.97 | 14.2% |
| Mahindra Manulife Multi Asset Allocation Fund | Multi Asset Allocation | 0.97 | n/a |
| Axis Multi Asset Allocation Fund | Multi Asset Allocation | 0.97 | 13.0% |
Questions about Mirae Asset Multi Asset Allocation Fund
- What is the latest NAV of Mirae Asset Multi Asset Allocation Fund?
- The NAV of the Direct plan (growth option) was ₹13.7540 on 1 Oct 2026, as published by AMFI.
- Which category is Mirae Asset Multi Asset Allocation Fund in?
- It is classified as Multi Asset Allocation in AMFI's daily NAV file. MFIC compares it with 37 Multi Asset Allocation schemes (Direct plans).
- What was the largest fall in Mirae Asset Multi Asset Allocation Fund's NAV?
- The largest peak-to-trough fall in its available history was 9.1%.
- What is the expense ratio (TER) of Mirae Asset Multi Asset Allocation Fund?
- The total expense ratio of the Direct plan is 0.64% a year, as disclosed to AMFI (median of Multi Asset Allocation Direct plans: 0.85%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Mirae Asset Multi Asset Allocation Fund?
- Assets under management of the whole scheme were ₹3,607 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Mirae Asset Multi Asset Allocation Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Mirae Asset Multi Asset Allocation Fund?
- According to its Scheme Summary Document, Mirae Asset Multi Asset Allocation Fund is managed by Harshad Borawake (since 31 Jan 2024), Basant Bafna (since 27 Dec 2025), Siddharth Srivastava (since 31 Jan 2024), Ritesh Patel (since 31 Jan 2024).
- What is the exit load of Mirae Asset Multi Asset Allocation Fund?
- As stated in its scheme documents: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP-in) on or before completion of 180 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 180 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): -If redeemed within 6 months (180 days) from the date of allotment: 1% -If redeemed after 6 months (180 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted f… Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Mirae Asset Multi Asset Allocation Fund?
- The minimum application amount is ₹5,000. SIP details: 1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 7.6% and the Regular plan's by 6.0%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.