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Mirae Asset Mutual Fund

Mirae Asset Multi Asset Allocation Fund-direct Plan-growth

6 Months Returns

3.62%profit

NAV (₹) on 27 Dec 2024

11.4070

1 Day NAV Change

+0.00 %

About Fund

Mirae Asset Multi Asset Allocation Fund-direct Plan-growth is a Hybrid mutual fund scheme launched on 31 Jan 2024. Investors can begin their investment journey with a minimum SIP of ₹99 or a lumpsum investment of ₹5,000.

NAV

NIFTY50

Returns Calculator

Based on Annualised Returns

Investment Type


SIP Amount


Investment Period

6M

3.02 L

3.50%

3.07 L

8.00%

3.03 L

3.62%

Savings Account
Regular Funds
This Fund on Dhan

Total Investment

3,00,000

Returns

3,183 (1.06%)

Maturity Value

3,03,183

Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.


Fund Details

Min. SIP Amount

99.00


Min. Lumpsum Amount

5,000.00


AUM

1,755.87 Cr


Expense Ratio

0.44 %


Lock-in Period

No Lock in Period


Inception Date

31 Jan 2024


Fund Age

0 Yrs


Benchmark

65% Nifty 500 TRI + 25% Nifty Short Duration Debt


Scheme Type

Open Ended


Stamp Duty

0.005% (from July 1st 2020)


Exit Load

  • 15% Of The Units Allotted (including Switch-in/stp - In) On Or Before Completion Of 365 Days From The Date Of Allotment Of Units: Nil
  • if Redeemed Within 1 Year (365 Days) From The Date Of Allotment: 1%.
  • if Redeemed After 1 Year (365 Days) From The Date Of Allotment: Nil.

Tax Implication

  • If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%

Asset Allocation

AUM

₹1,755.87 Cr

Cash Holding

-

Equity

-

Cash

-

Debt

-

Other

-


Sector Holdings

SectorsWeightage
No Data

No data to show right now!


Fund Comparison


Fund Managers

Harshad Borawake

Name

Harshad Borawake

Qualification

MBA (Finance), B.E. (Polymers)

Amit Modani

Name

Amit Modani

Qualification

Chartered Accountant

Siddharth Srivastava

Name

Siddharth Srivastava

Qualification

MBA (Tech), BTech

Ritesh Patel

Name

Ritesh Patel

Qualification

Bachelors in financial market, CMT L-2 Candidate


Fund Objective

The investment objective of the scheme is 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. However, there is no assurance that the investment objective of the Scheme will be realized.


Risk-O-Meter

Investors understand that their principal will be at

Very High Risk

Risk Scale

Low

Moderately Low

Moderate

Moderately High

High

Very High


AMC Information

Mirae Asset Investment Managers (India) Pv

Funds Managed

39

Assets Managed

₹ 1,82,978.97 Cr

Contact Details

Registered Address

locate

Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098


Top Funds from Mirae Asset Mutual Fund

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FAQs

Mirae Asset Multi Asset Allocation Funddirect Plan-growth was launched on 31 Jan 2024.
The current NAV of Mirae Asset Multi Asset Allocation Funddirect Plan-growth is ₹11.4070 as of 27 Dec 2024.
The latest value of AUM of Mirae Asset Multi Asset Allocation Funddirect Plan-growth is ₹1,755.87 crores as of 27 Dec 2024.
The return on investment of Mirae Asset Multi Asset Allocation Funddirect Plan-growth is:
  • In the past 1Y: 0.00%
  • In the past 3Y: 0.00%
  • In the past 5Y: 0.00%
The expense ratio of Mirae Asset Multi Asset Allocation Funddirect Plan-growth is 0.44%.
The exit load of Mirae Asset Multi Asset Allocation Funddirect Plan-growth is as follows:
15% Of The Units Allotted (including Switch-in/stp - In) On Or Before Completion Of 365 Days From The Date Of Allotment Of Units: Nil|if Redeemed Within 1 Year (365 Days) From The Date Of Allotment: 1%.|if Redeemed After 1 Year (365 Days) From The Date Of Allotment: Nil.
The portfolio of Mirae Asset Multi Asset Allocation Funddirect Plan-growth includes:
No Data

No data to show right now!


Top 3 sectoral holdings include:
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Mirae Asset Multi Asset Allocation Funddirect Plan-growth is Very High.
The fund manager of Mirae Asset Multi Asset Allocation Funddirect Plan-growth is Harshad Borawake, Amit Modani, Siddharth Srivastava, Ritesh Patel.
If you wish to invest in Mirae Asset Multi Asset Allocation Funddirect Plan-growth, the minimum SIP amount is ₹99 and Lumpsum is ₹5,000.
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in Mirae Asset Multi Asset Allocation Funddirect Plan-growth:
  • Open Demat Account on Dhan if you don't have one.
  • Analyze the fund performance.
  • Invest via SIP or Lumpsum.
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