mutual funds mirae asset multi asset allocation fund directgrowth

holdings

Mirae Asset Multi Asset Allocation Fund Direct-Growth

Hybrid: Multi Asset Allocation - Growth (Open ended)

Mirae Asset Multi Asset Allocation Fund Direct-GrowthNAV: 14.14 as on 06 Sep, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Very HighCategory: Hybrid: Multi Asset AllocationCheck Portfolio Overlap →

NAV: ₹14.14-0.32%

07 Sept 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for Mirae Asset Multi Asset Allocation Fund Direct-Growth.

Asset Allocation

As on 31 Jul 2026

Equity

56.53%

Others

15.72%

Debt

14.71%

Commodities

12.65%

Real estate

0.39%

Market Cap Distribution

Large Cap (73.0%)

Mid Cap (13.6%)

Small Cap (13.4%)

Historical Asset Allocation

Asset	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026
Equity	56.53%	56.71%	54.53%	56.27%	54.67%	53.37%
Debt	14.71%	15.03%	16.19%	13.64%	14.85%	14.23%
Others (incl. cash)	15.72%	14.88%	16.25%	17.37%	15.94%	18.98%
Commodities	12.65%	12.99%	12.64%	12.34%	14.13%	12.99%
Real Estate	0.39%	0.40%	0.38%	0.39%	0.41%	0.43%

Portfolio Snapshot

No. of Securities

158

P/E Ratio

23.53

P/B Ratio

3.30

Top Holding %

15.43%

Top 5 Holdings %

38.63%

Top 10 Holdings %

48.84%

Modified Duration

2.08 yrs

Avg. Maturity

2.72 yrs

Yield to Maturity

6.47%

AUM

₹3,593 Cr

Expense Ratio

0.63%

Since Inception

14.24%

Max Drawdown

-0.09%

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
ICICI Bank Ltd.	Financial	11,65,650	167.32	4.66%	0.05%↑
HDFC Bank Ltd.	Financial	21,59,134	161.54	4.50%	-0.46%↓
State Bank of India	Financial	9,40,794	96.66	2.69%	-0.09%↓
Reliance Industries Ltd.	Energy	6,96,178	91.05	2.53%	-0.15%↓
Bharti Airtel Ltd.	Communication	4,16,500	82.13	2.29%	0.07%↑
Axis Bank Ltd.	Financial	5,39,400	66.32	1.85%	-0.03%↓
Eternal Ltd.	Services	19,07,117	57.68	1.61%	0.11%↑
NTPC Ltd.	Energy	14,63,455	50.82	1.41%	-0.09%↓
Shriram Finance Ltd	Financial	4,85,278	50.79	1.41%	-0.04%↓
Larsen & Toubro Ltd.	Construction	1,08,604	42.78	1.19%	-0.41%↓
Mahindra & Mahindra Ltd.	Automobile	1,24,850	42.43	1.18%	-0.02%↓
Bajaj Finance Ltd.	Financial	3,67,700	41.96	1.17%	-0.03%↓
Laurus Labs Ltd.	Healthcare	2,25,842	41.02	1.14%	0.16%↑
Titan Company Ltd.	Consumer Discretionary	83,150	40.54	1.13%	0.08%↑
SBI Life Insurance Company Ltd.	Insurance	2,15,216	40.5	1.13%	0.03%↑
TVS Motor Company Ltd.	Automobile	93,889	40.5	1.13%	0.19%↑
Tata Steel Ltd.	Metals & Mining	21,00,440	39.84	1.11%	-0.03%↓
Bharat Electronics Ltd.	Capital Goods	9,15,758	35.52	0.99%	-0.10%↓
JSW Energy Ltd.	Capital Goods	6,26,885	34.77	0.97%	-0.08%↓
Infosys Ltd.	Technology	2,91,915	32.99	0.92%	0.08%↑

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Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026
Financial	17.65%	17.86%	16.46%	17.15%	16.57%	16.21%
Healthcare	5.63%	5.60%	5.26%	5.16%	4.67%	4.23%
Energy	5.23%	5.46%	4.64%	4.64%	4.73%	4.33%
Services	4.99%	5.01%	5.10%	5.40%	5.41%	5.41%
Automobile	4.29%	3.90%	3.75%	3.71%	3.54%	3.27%
Capital Goods	3.20%	3.16%	3.23%	3.13%	2.82%	2.90%
Communication	2.45%	2.39%	2.42%	2.70%	2.81%	2.76%
Technology	2.38%	2.12%	2.41%	2.56%	2.86%	2.94%
Consumer Discretionary	2.21%	2.17%	2.06%	2.15%	2.03%	1.98%
Metals & Mining	2.09%	2.16%	1.83%	1.95%	1.76%	1.66%
Consumer Staples	1.73%	1.94%	2.11%	2.25%	2.07%	2.24%
Materials	1.42%	1.39%	1.47%	1.52%	1.85%	1.66%
Construction	1.19%	1.83%	2.09%	2.18%	1.85%	2.21%
Insurance	1.11%	1.25%	1.20%	1.23%	1.19%	1.05%
Chemicals	0.54%	0.47%	0.51%	0.53%	0.49%	0.53%
Textiles	0.41%	-	-	-	-	-

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
Cash	11.14%	1.67%
AAA	6.58%	6.41%
AA+	4.68%	1.62%
Cash & Call Money	4.28%	6.40%
SOV	2.29%	7.23%
AA-	0.69%	0.23%
A1+	0.47%	1.57%
A	-	0.00%
A+	-	0.10%
AA	-	0.80%
Others	-	0.06%
Term Deposits	-	0.16%

Equity Insights

A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.

Style Analysis

Value score

54.2 / 100

Weighted average Value score is 54.2. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

52.7 / 100

Weighted average Price Momentum score is 52.7. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

69.6 / 100

Weighted average Quality score is 69.6. This indicates that portfolio has average quality using composite of quality measures.

QVM score

65.9 / 100

Weighted average QVM score is 65.9. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.

Red Flags

Earnings manipulation risk (Beneish M-score)

Following stocks have high risk of potential earnings manipulation (Beneish M-score > -1.78):

Name	Value
Ashok Leyland Ltd.	-1.59
Hindustan Unilever Ltd.	-1.56
Tata Motors Passenger Vehicles Ltd.	-1.66
Torrent Pharmaceuticals Ltd.	-0.63
Zydus Lifesciences Ltd.	-1.55
JSW Energy Ltd.	-1.33
JSW Infrastructure Ltd.	-1.74
Adani Energy Solutions Ltd.	-1.57
Varun Beverages Ltd.	-1.69
Tube Investments of India Ltd.	-1.47
Adani Green Energy Ltd.	-1.3
Max Healthcare Institute Ltd.	-1.68
Craftsman Automation Ltd.	-1.41
Sona BLW Precision Forgings Ltd.	-1.03

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): Canara Bank, DLF Ltd., ITC Ltd., LIC Housing Finance Ltd., Petronet LNG Ltd., Punjab National Bank, Tata Motors Passenger Vehicles Ltd., United Spirits Ltd.

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
Ashok Leyland Ltd.	4.49
Grasim Industries Ltd.	2.2
Tata Power Company Ltd.	2.02
TVS Motor Company Ltd.	3.43
JSW Energy Ltd.	2.5
Interglobe Aviation Ltd.	11.15
Adani Green Energy Ltd.	5.26

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
GOI	GOI Securities	6.79%	07/10/2034	SOV	1.93%
Torrent Pharmaceuticals Ltd.	Debenture	7.45%	19/01/2028	[ICRA]AA+	1.39%
Bajaj Housing Finance Ltd.	Non Convertible Debenture	7.53%	28/09/2029	CRISIL AAA	1.39%
Torrent Pharmaceuticals Ltd.	Non Convertible Debenture	7.60%	19/01/2029	[ICRA]AA+	1.39%
Cholamandalam Investment and Finance Company Ltd.	Debenture	7.83%	28/06/2028	[ICRA]AA+	0.80%
Larsen & Toubro Ltd.	Debenture	6.35%	19/06/2028	CRISIL AAA	0.69%
Muthoot Finance Ltd.	Non Convertible Debenture	7.88%	22/11/2028	CRISIL AA+	0.69%
INDOSTAR-12.25%-23-5-16-A-PVT	Debenture	8.85%	22/05/2028	CARE AA-	0.69%
ICICI Securities Ltd.	Debenture	7.45%	24/11/2028	CRISIL AAA	0.69%
Export-Import Bank Of India	Debenture	7.23%	18/03/2031	CRISIL AAA	0.64%
Small Industries Devp. Bank of India Ltd.	Debenture	7.83%	24/11/2028	CRISIL AAA	0.56%
Power Finance Corporation Ltd.	Bonds	7.44%	15/01/2030	CRISIL AAA	0.56%
Mindspace Business Parks REIT	Debenture	6.96%	08/12/2028	[ICRA]AAA	0.55%
Muthoot Finance Ltd.	Debenture	8.65%	31/01/2028	CRISIL AA+	0.42%
Mindspace Business Parks REIT	Non Convertible Debenture	7.17%	05/03/2029	[ICRA]AAA	0.41%
Bharti Telecom Ltd.	Non Convertible Debenture	7.85%	20/03/2029	CRISIL AAA	0.41%
LIC Housing Finance Ltd.	Non Convertible Debenture	7.58%	23/03/2035	CRISIL AAA	0.39%
National Bank For Agriculture & Rural Development	Certificate of Deposit	0.00%	04/02/2027	CRISIL A1+	0.34%
GOI	GOI Securities	7.10%	08/04/2034	SOV	0.29%
REC Ltd.	Debenture	7.46%	30/06/2028	CRISIL AAA	0.28%
Indian Bank	Certificate of Deposit	0.00%	22/01/2027	CRISIL A1+	0.13%
Maharashtra State	State Development Loan	6.98%	26/02/2028	SOV	0.07%

Frequently Asked Questions

What are the top holdings of Mirae Asset Multi Asset Allocation Fund Direct-Growth?

The top holdings of Mirae Asset Multi Asset Allocation Fund Direct-Growth as of 31 Jul 2026 are Others (15.43%), Mirae Asset Gold ETF - Growth (11.36%), ICICI Bank Ltd. (4.66%), HDFC Bank Ltd. (4.50%), State Bank of India (2.69%). These top 5 stocks together account for 38.63% of the total portfolio. You can view the complete holdings breakdown above.

How many stocks does Mirae Asset Multi Asset Allocation Fund Direct-Growth hold in its portfolio?

Mirae Asset Multi Asset Allocation Fund Direct-Growth holds 158 stocks in its portfolio as of 31 Jul 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.

What is the sector allocation of Mirae Asset Multi Asset Allocation Fund Direct-Growth?

As of 31 Jul 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth's top sector allocations are Financial (17.65%), Healthcare (5.63%), Energy (5.23%). You can find detailed sector allocation above.

What is the equity and debt allocation of Mirae Asset Multi Asset Allocation Fund Direct-Growth?

As of 31 Jul 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth has 56.53% allocated to equity, and 14.71% to debt. You can also check the historical trends above.

What is the market cap allocation of Mirae Asset Multi Asset Allocation Fund Direct-Growth?

As of 31 Jul 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth's market cap allocation is 72.99% in large caps, 13.59% in mid caps, and 13.43% in small caps.

What is the PE ratio of Mirae Asset Multi Asset Allocation Fund Direct-Growth's portfolio?

The portfolio PE ratio of Mirae Asset Multi Asset Allocation Fund Direct-Growth is 23.53 as of 31 Jul 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.

What is the credit quality of Mirae Asset Multi Asset Allocation Fund Direct-Growth?

As of 31 Jul 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth's debt portfolio has 6.58% in AAA-rated instruments, 4.68% in AA-rated, and 2.29% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.

When is the latest portfolio disclosure for Mirae Asset Multi Asset Allocation Fund Direct-Growth?

The latest portfolio disclosure for Mirae Asset Multi Asset Allocation Fund Direct-Growth is as of 31 Jul 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.

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Asset

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

Equity

56.53%

56.71%

54.53%

56.27%

54.67%

53.37%

Debt

14.71%

15.03%

16.19%

13.64%

14.85%

14.23%

Others (incl. cash)

15.72%

14.88%

16.25%

17.37%

15.94%

18.98%

Commodities

12.65%

12.99%

12.64%

12.34%

14.13%

12.99%

Real Estate

0.39%

0.40%

0.38%

0.39%

0.41%

0.43%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

ICICI Bank Ltd.

Financial

11,65,650

167.32

4.66%

0.05%↑

HDFC Bank Ltd.

Financial

21,59,134

161.54

4.50%

-0.46%↓

State Bank of India

Financial

9,40,794

96.66

2.69%

-0.09%↓

Reliance Industries Ltd.

Energy

6,96,178

91.05

2.53%

-0.15%↓

Bharti Airtel Ltd.

Communication

4,16,500

82.13

2.29%

0.07%↑

Axis Bank Ltd.

Financial

5,39,400

66.32

1.85%

-0.03%↓

Eternal Ltd.

Services

19,07,117

57.68

1.61%

0.11%↑

NTPC Ltd.

Energy

14,63,455

50.82

1.41%

-0.09%↓

Shriram Finance Ltd

Financial

4,85,278

50.79

1.41%

-0.04%↓

Larsen & Toubro Ltd.

Construction

1,08,604

42.78

1.19%

-0.41%↓

Mahindra & Mahindra Ltd.

Automobile

1,24,850

42.43

1.18%

-0.02%↓

Bajaj Finance Ltd.

Financial

3,67,700

41.96

1.17%

-0.03%↓

Laurus Labs Ltd.

Healthcare

2,25,842

41.02

1.14%

0.16%↑

Titan Company Ltd.

Consumer Discretionary

83,150

40.54

1.13%

0.08%↑

SBI Life Insurance Company Ltd.

Insurance

2,15,216

40.5

1.13%

0.03%↑

TVS Motor Company Ltd.

Automobile

93,889

40.5

1.13%

0.19%↑

Tata Steel Ltd.

Metals & Mining

21,00,440

39.84

1.11%

-0.03%↓

Bharat Electronics Ltd.

Capital Goods

9,15,758

35.52

0.99%

-0.10%↓

JSW Energy Ltd.

Capital Goods

6,26,885

34.77

0.97%

-0.08%↓

Infosys Ltd.

Technology

2,91,915

32.99

0.92%

0.08%↑

Sector

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

Financial

17.65%

17.86%

16.46%

17.15%

16.57%

16.21%

Healthcare

5.63%

5.60%

5.26%

5.16%

4.67%

4.23%

Energy

5.23%

5.46%

4.64%

4.73%

4.33%

Services

4.99%

5.01%

5.10%

5.40%

5.41%

Automobile

4.29%

3.90%

3.75%

3.71%

3.54%

3.27%

Capital Goods

3.20%

3.16%

3.23%

3.13%

2.82%

2.90%

Communication

2.45%

2.39%

2.42%

2.70%

2.81%

2.76%

Technology

2.38%

2.12%

2.41%

2.56%

2.86%

2.94%

Consumer Discretionary

2.21%

2.17%

2.06%

2.15%

2.03%

1.98%

Metals & Mining

2.09%

2.16%

1.83%

1.95%

1.76%

1.66%

Consumer Staples

1.73%

1.94%

2.11%

2.25%

2.07%

2.24%

Materials

1.42%

1.39%

1.47%

1.52%

1.85%

1.66%

Construction

1.19%

1.83%

2.09%

2.18%

1.85%

2.21%

Insurance

1.11%

1.25%

1.20%

1.23%

1.19%

1.05%

Chemicals

0.54%

0.47%

0.51%

0.53%

0.49%

0.53%

Textiles

0.41%

Rating

Fund