Primarily market-linked growth exposure
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.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
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
- SEBI category
- Multi Asset Allocation Fund
- Fund type
- An open-ended scheme investing in Equity, Debt and Commodities
- Primary benchmark
- 65% Nifty 500 TRI + 25% Nifty Short Duration Debt Index + 7.5% Domestic Price of Gold + 2.5% Domestic Price of Silver
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Harshad Borawake (Equity Portion), Mr. Basant Bafna (Debt Portion), Mr. Siddharth Srivastava (Overseas Investments),Mr. Ritesh Patel ( Dedicated Fund Manager for Commodity Investments)
- Manager tenure on this scheme
- Since Mr. Harshad Borawake - January 31, 2024, Mr. Basant Bafna -December 27, 2025, Mr. Siddharth Srivastava - January 31, 2024 ,Mr. Ritesh Patel - January 31, 2024
- Role / co-management
- Mr. Harshad Borawake - Primary, Mr. Basant Bafna - Primary, Mr. Siddharth Srivastava - Primary ,Mr. Ritesh Patel - Primary
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth | ₹14.1850 | 04 Sep 2026 |
| Mirae Asset Multi Asset Allocation Fund - Direct Plan - IDCW | ₹14.1820 | 04 Sep 2026 |
| Mirae Asset Multi Asset Allocation Fund - Regular Plan - Growth | ₹13.6150 | 04 Sep 2026 |
| Mirae Asset Multi Asset Allocation Fund - Regular Plan - IDCW | ₹13.6080 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.15%, Direct 0.64%
- 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 for SWP under the plan (including Switch out, STP out): -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
- Minimum application
- 5000 · multiples of 1
- SIP frequency
- SIP - Monthly / Quarterly SWP - Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
- Minimum SIP amount
- 1000
- Minimum instalments
- 5
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.