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)

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

NAV: ₹13.56-0.48%

22 Oct 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 30 Sep 2026

Equity

55.90%

Debt

16.55%

Others

14.12%

Commodities

13.04%

Real estate

0.39%

Market Cap Distribution

Large Cap (67.1%)

Mid Cap (14.0%)

Small Cap (18.9%)

Historical Asset Allocation

Asset	30 Sep 2026	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026
Equity	55.90%	67.08%	56.53%	56.71%	54.53%	56.27%
Debt	16.55%	13.72%	14.71%	15.03%	16.19%	13.64%
Others (incl. cash)	14.12%	5.40%	15.72%	14.88%	16.25%	17.37%
Commodities	13.04%	13.42%	12.65%	12.99%	12.64%	12.34%
Real Estate	0.39%	0.38%	0.39%	0.40%	0.38%	0.39%

Portfolio Snapshot

No. of Securities

169

P/E Ratio

23.76

P/B Ratio

3.38

Top Holding %

13.82%

Top 5 Holdings %

36.65%

Top 10 Holdings %

46.38%

Modified Duration

1.86 yrs

Avg. Maturity

2.48 yrs

Yield to Maturity

6.16%

AUM

₹3,607 Cr

Expense Ratio

0.64%

Since Inception

11.81%

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	154.06	4.27%	-0.32%↓
HDFC Bank Ltd.	Financial	21,59,134	153.02	4.24%	0.09%↑
State Bank of India	Financial	9,69,294	93	2.58%	-0.21%↓
Reliance Industries Ltd.	Energy	7,34,678	87.21	2.42%	-0.08%↓
Bharti Airtel Ltd.	Communication	4,26,000	74.85	2.07%	-0.02%↓
Axis Bank Ltd.	Financial	5,84,400	71.65	1.99%	0.09%↑
Shriram Finance Ltd	Financial	4,85,278	47.69	1.32%	-0.14%↓
TD Power Systems Ltd.	Capital Goods	5,42,110	42.61	1.18%	0.04%↑
Titan Company Ltd.	Consumer Discretionary	90,650	41.58	1.15%	-0.10%↓
Laurus Labs Ltd.	Healthcare	2,06,292	40.85	1.13%	0.06%↑
Mahindra & Mahindra Ltd.	Automobile	1,36,850	40.37	1.12%	0.01%↑
Tata Steel Ltd.	Metals & Mining	21,00,440	38.71	1.07%	0.02%↑
TVS Motor Company Ltd.	Automobile	93,889	38.55	1.07%	-0.04%↓
Eternal Ltd.	Services	11,92,317	38.15	1.06%	0.09%↑
SBI Life Insurance Company Ltd.	Insurance	2,15,216	36.51	1.01%	-0.00%↓
Bajaj Finance Ltd.	Financial	3,62,950	34.82	0.97%	-0.16%↓
Larsen & Toubro Ltd.	Construction	88,854	33.41	0.93%	-0.05%↓
JSW Energy Ltd.	Capital Goods	6,63,268	32.81	0.91%	0.03%↑
Bharat Electronics Ltd.	Capital Goods	8,30,758	32.26	0.89%	-0.04%↓
Multi Commodity Exchange Of India Ltd.	Services	92,605	30.56	0.85%	-0.01%↓

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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	30 Sep 2026	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026
Financial	16.32%	21.29%	17.65%	17.86%	16.46%	17.15%
Healthcare	6.01%	6.08%	5.63%	5.60%	5.26%	5.16%
Services	6.00%	6.09%	4.99%	5.01%	5.10%	5.40%
Energy	4.25%	5.40%	5.23%	5.46%	4.64%	4.64%
Automobile	3.81%	4.86%	4.29%	3.90%	3.75%	3.71%
Capital Goods	3.58%	4.43%	3.20%	3.16%	3.23%	3.13%
Consumer Discretionary	2.74%	3.02%	2.21%	2.17%	2.06%	2.15%
Technology	2.34%	2.58%	2.38%	2.12%	2.41%	2.56%
Communication	2.03%	2.43%	2.45%	2.39%	2.42%	2.70%
Consumer Staples	1.99%	2.58%	1.73%	1.94%	2.11%	2.25%
Metals & Mining	1.83%	2.44%	2.09%	2.16%	1.83%	1.95%
Construction	1.30%	1.08%	1.19%	1.83%	2.09%	2.18%
Materials	1.24%	1.91%	1.42%	1.39%	1.47%	1.52%
Chemicals	1.03%	1.05%	0.54%	0.47%	0.51%	0.53%
Insurance	1.01%	1.43%	1.11%	1.25%	1.20%	1.23%
Textiles	0.42%	0.40%	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	10.51%	1.34%
AAA	7.55%	6.11%
AA+	4.12%	1.59%
Cash & Call Money	3.31%	6.52%
SOV	2.50%	6.30%
A1+	1.70%	2.19%
AA-	0.69%	0.30%
A	-	0.01%
A+	-	0.02%
AA	-	0.82%
Others	-	0.03%
Term Deposits	-	0.00%

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

55.5 / 100

Weighted average Price Momentum score is 55.5. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

67.9 / 100

Weighted average Quality score is 67.9. This indicates that portfolio has average quality using composite of quality measures.

QVM score

67.2 / 100

Weighted average QVM score is 67.2. 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
Foseco India Ltd.	11.62
Vedanta Ltd.	-0.12
Tata Motors Passenger Vehicles Ltd.	-1.66
Torrent Pharmaceuticals Ltd.	-0.63
Zydus Lifesciences Ltd.	-1.55
JSW Energy Ltd.	-1.33
TD Power Systems Ltd.	-1.72
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
Craftsman Automation Ltd.	-1.41
Sona BLW Precision Forgings Ltd.	-1.03
Symbiotec Pharmalab Ltd.	-1.73

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): Canara Bank, DLF 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.	5.51
Milky Mist Dairy Food Ltd.	3.61

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	1.88%
Reliance Industries Ltd.	Debenture	7.47%	16/09/2031	CRISIL AAA	1.38%
Torrent Pharmaceuticals Ltd.	Debenture	7.45%	19/01/2028	[ICRA]AA+	1.38%
Torrent Pharmaceuticals Ltd.	Non Convertible Debenture	7.60%	19/01/2029	[ICRA]AA+	1.37%
Bajaj Housing Finance Ltd.	Non Convertible Debenture	7.53%	28/09/2029	CRISIL AAA	1.36%
INDOSTAR-12.25%-23-5-16-A-PVT	Debenture	8.85%	22/05/2028	CARE AA-	0.69%
Tata Capital Housing Finance Ltd.	Debenture	8.20%	25/09/2029	CRISIL AAA	0.69%
Bajaj Finance Ltd.	Non Convertible Debenture	7.77%	17/04/2029	CRISIL AAA	0.68%
Larsen & Toubro Ltd.	Debenture	6.35%	19/06/2028	CRISIL AAA	0.68%
Muthoot Finance Ltd.	Non Convertible Debenture	7.88%	22/11/2028	CRISIL AA+	0.68%
Small Industries Devp. Bank of India Ltd.	Certificate of Deposit	0.00%	11/06/2027	CRISIL A1+	0.66%
L&T Finance Ltd.	Commercial Paper	0.00%	17/06/2027	CRISIL A1+	0.63%
Export-Import Bank Of India	Debenture	7.23%	18/03/2031	CRISIL AAA	0.63%
Power Finance Corporation Ltd.	Bonds	7.44%	15/01/2030	CRISIL AAA	0.55%
Small Industries Devp. Bank of India Ltd.	Debenture	7.83%	24/11/2028	CRISIL AAA	0.55%
Muthoot Finance Ltd.	Debenture	8.65%	31/01/2028	CRISIL AA+	0.41%
LIC Housing Finance Ltd.	Non Convertible Debenture	7.58%	23/03/2035	CRISIL AAA	0.39%
Reliance Industries Ltd.	Debenture	8.95%	09/11/2028	CRISIL AAA	0.37%
REC Ltd.	Debenture	7.46%	30/06/2028	CRISIL AAA	0.28%
GOI	GOI Securities	7.10%	08/04/2034	SOV	0.28%
Bank Of Baroda	Certificate of Deposit	0.00%	08/01/2027	IND A1+	0.27%
Cholamandalam Investment and Finance Company Ltd.	Debenture	7.83%	28/06/2028	[ICRA]AA+	0.27%
GOI	GOI Securities	7.06%	27/07/2041	SOV	0.27%
Indian Bank	Certificate of Deposit	0.00%	22/01/2027	CRISIL A1+	0.14%
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 30 Sep 2026 are Others (13.82%), Mirae Asset Gold ETF - Growth (11.74%), ICICI Bank Ltd. (4.27%), HDFC Bank Ltd. (4.24%), State Bank of India (2.58%). These top 5 stocks together account for 36.65% 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 169 stocks in its portfolio as of 30 Sep 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 30 Sep 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth's top sector allocations are Financial (16.32%), Healthcare (6.01%), Services (6.00%). 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 30 Sep 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth has 55.90% allocated to equity, and 16.55% 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 30 Sep 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth's market cap allocation is 67.10% in large caps, 14.00% in mid caps, and 18.89% 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 23.76 as of 30 Sep 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 30 Sep 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth's debt portfolio has 7.55% in AAA-rated instruments, 4.12% in AA-rated, and 2.50% 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 30 Sep 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

30 Sep 2026

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

Equity

55.90%

67.08%

56.53%

56.71%

54.53%

56.27%

Debt

16.55%

13.72%

14.71%

15.03%

16.19%

13.64%

Others (incl. cash)

14.12%

5.40%

15.72%

14.88%

16.25%

17.37%

Commodities

13.04%

13.42%

12.65%

12.99%

12.64%

12.34%

Real Estate

0.39%

0.38%

0.39%

0.40%

0.38%

0.39%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

ICICI Bank Ltd.

Financial

11,65,650

154.06

4.27%

-0.32%↓

HDFC Bank Ltd.

Financial

21,59,134

153.02

4.24%

0.09%↑

State Bank of India

Financial

9,69,294

2.58%

-0.21%↓

Reliance Industries Ltd.

Energy

7,34,678

87.21

2.42%

-0.08%↓

Bharti Airtel Ltd.

Communication

4,26,000

74.85

2.07%

-0.02%↓

Axis Bank Ltd.

Financial

5,84,400

71.65

1.99%

0.09%↑

Shriram Finance Ltd

Financial

4,85,278

47.69

1.32%

-0.14%↓

TD Power Systems Ltd.

Capital Goods

5,42,110

42.61

1.18%

0.04%↑

Titan Company Ltd.

Consumer Discretionary

90,650

41.58

1.15%

-0.10%↓

Laurus Labs Ltd.

Healthcare

2,06,292

40.85

1.13%

0.06%↑

Mahindra & Mahindra Ltd.

Automobile

1,36,850

40.37

1.12%

0.01%↑

Tata Steel Ltd.

Metals & Mining

21,00,440

38.71

1.07%

0.02%↑

TVS Motor Company Ltd.

Automobile

93,889

38.55

1.07%

-0.04%↓

Eternal Ltd.

Services

11,92,317

38.15

1.06%

0.09%↑

SBI Life Insurance Company Ltd.

Insurance

2,15,216

36.51

1.01%

-0.00%↓

Bajaj Finance Ltd.

Financial

3,62,950

34.82

0.97%

-0.16%↓

Larsen & Toubro Ltd.

Construction

88,854

33.41

0.93%

-0.05%↓

JSW Energy Ltd.

Capital Goods

6,63,268

32.81

0.91%

0.03%↑

Bharat Electronics Ltd.

Capital Goods

8,30,758

32.26

0.89%

-0.04%↓

Multi Commodity Exchange Of India Ltd.

Services

92,605

30.56

0.85%

-0.01%↓

Sector

30 Sep 2026

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

Financial

16.32%

21.29%

17.65%

17.86%

16.46%

17.15%

Healthcare

6.01%

6.08%

5.63%

5.60%

5.26%

5.16%

Services

6.00%

6.09%

4.99%

5.01%

5.10%

5.40%

Energy

4.25%

5.40%

5.23%

5.46%

4.64%

Automobile

3.81%

4.86%

4.29%

3.90%

3.75%

3.71%

Capital Goods

3.58%

4.43%

3.20%

3.16%

3.23%

3.13%

Consumer Discretionary

2.74%

3.02%

2.21%

2.17%

2.06%

2.15%

Technology

2.34%

2.58%

2.38%

2.12%

2.41%

2.56%

Communication

2.03%

2.43%

2.45%

2.39%

2.42%

2.70%

Consumer Staples

1.99%

2.58%

1.73%

1.94%

2.11%

2.25%

Metals & Mining

1.83%

2.44%

2.09%

2.16%

1.83%

1.95%

Construction

1.30%

1.08%

1.19%

1.83%

2.09%

2.18%

Materials

1.24%

1.91%

1.42%

1.39%

1.47%

1.52%

Chemicals

1.03%

1.05%

0.54%

0.47%

0.51%

0.53%

Insurance

1.01%

1.43%

1.11%

1.25%

1.20%

1.23%

Textiles

0.42%

0.40%

0.41%

Rating

Fund