Mirae Asset Investment Managers (India) Pv

Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth

As on 02 Apr 2025

Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth

Q: How much expense ratio is charged by Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth?

The expense ratio for Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 02 Apr 2025, the expense ratio charged by Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth is typically around 2.34 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth?

As of 02 Apr 2025, the Assets Under Management (AUM) of Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth is approximately ₹1737.1151 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth?

The Net Asset Value (NAV) of Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth is updated daily and reflects the per-unit value of the fund's assets. As of 02 Apr 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth?

The PE ratio for Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth is 21.63 and the PB ratio is 4.26. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth?

The exit load for Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 11.58

CAGR (3 Years)

AUM (Cr)

₹ 1,737.12

Risk

Very High Risk

About Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth

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 investm

Breakdown of this Fund

Aerospace & Defence

2.20%

Air Transport Service

2.02%

Auto Ancillaries

0.87%

Automobile

8.14%

Banks

29.40%

Bearings

0.52%

Capital Goods - Electrical Equipment

1.35%

Capital Goods-Non Electrical Equipment

0.79%

Cement

3.35%

Chemicals

1.16%

Consumer Durables

1.06%

Credit Rating Agencies

0.36%

Crude Oil & Natural Gas

0.93%

Debt Others

18.17%

Diamond, Gems and Jewellery

1.07%

E-Commerce/App based Aggregator

2.05%

Edible Oil

0.52%

Finance

9.67%

Financial Services

1.27%

FMCG

4.10%

Gas Distribution

1.94%

Govt. Securities

14.75%

Healthcare

1.40%

Hotels & Restaurants

0.97%

Infrastructure Developers & Operators

3.25%

Insurance

2.99%

IT - Software

13.48%

Marine Port & Services

0.91%

Mining & Mineral products

3.17%

Miscellaneous

3.10%

Mutual Fund Units

28.63%

Non Ferrous Metals

2.03%

Pharmaceuticals

5.97%

Plywood Boards/Laminates

1.07%

Power Generation & Distribution

4.80%

Railways

0.44%

Realty

1.98%

Refineries

5.12%

Refractories

0.22%

Retail

1.01%

Steel

2.34%

Telecomm Equipment & Infra Services

1.62%

Telecomm-Service

5.37%

Textiles

2.45%

Tobacco Products

1.50%

Trading

0.11%

Tyres

0.37%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

2.34

Exit Load

For redemption / switch out within 90 days from the date of allotment: 0.5% If u...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.