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HybridMulti Asset AllocationDirect · Growth

Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth

Mirae Asset · Scheme 152344

14.23 0.11%NAV · 2026-09-18
76
Strong FundScore
Start SIP
AUM
₹3,593 cr
Expense ratio
0.62%
3Y CAGR
Risk level
Moderately High
Min SIP
₹99
Benchmark
Multi-asset composite index
Fund manager: Ritesh PatelExit load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.
Strong · 76/100

A high-quality fund that scores well on the factors that matter.

🎯 A middle-ground option — some growth with a cushion, good for moderate risk appetite.

📈 Why it could do well

  • Protects capital well — worst-ever fall was only 9%.
  • Low cost — 0.62% expense ratio means more of the return stays with you.
  • 1Y return: +14.6%
  • Volatility: 9% annualised
  • Max drawdown: -9%

📉 What could drag it down

  • Short track record — not enough history yet to judge long-term performance; treat the score as provisional.

FundScore breakdown

76/100 · Strong
How it works →
66
Returns
Decent
50
Consistency
Average
59
Risk-adjusted
Decent
100
Downside protection
Excellent
84
Cost efficiency
Excellent
50
Portfolio quality
Average

Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.

SIP return calculator

Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.