Mirae Asset Multi Asset Allocation Fund Direct-Growth
Hybrid: Multi Asset Allocation - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Hybrid: Multi Asset Allocation
NAV: ₹13.8-1.31%
08 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Mirae Asset Multi Asset Allocation Fund Direct-Growth.
Market Cap Distribution
Large Cap (72.6%)
Mid Cap (12.8%)
Small Cap (14.6%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 54.53% | 56.27% | 54.67% | 53.37% | 54.10% | 52.45% |
| Debt | 16.19% | 13.64% | 14.85% | 14.23% | 14.09% | 14.56% |
| Others (incl. cash) | 16.25% | 17.37% | 15.94% | 18.98% | 17.55% | 17.93% |
| Commodities | 12.64% | 12.34% | 14.13% | 12.99% | 13.84% | 14.60% |
| Real Estate | 0.38% | 0.39% | 0.41% | 0.43% | 0.43% | 0.46% |
Portfolio Snapshot
No. of Securities
157
P/E Ratio
22.32
P/B Ratio
3.47
Top Holding %
16.00%
Top 5 Holdings %
39.31%
Top 10 Holdings %
49.85%
Modified Duration
1.90 yrs
Avg. Maturity
2.51 yrs
Yield to Maturity
6.38%
AUM
₹3,423 Cr
Expense Ratio
0.63%
Since Inception
14.12%
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 |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 21,95,284 | 163.45 | 4.78% | -0.29%↓ |
| ICICI Bank Ltd. | Financial | 11,65,650 | 146.45 | 4.28% | 0.22%↑ |
| State Bank of India | Financial | 9,40,794 | 90.73 | 2.65% | -0.24%↓ |
| Bharti Airtel Ltd. | Communication | 4,85,375 | 88.78 | 2.59% | -0.15%↓ |
| Reliance Industries Ltd. | Energy | 6,04,178 | 79.82 | 2.33% | -0.25%↓ |
| Axis Bank Ltd. | Financial | 4,84,400 | 62.32 | 1.82% | 0.22%↑ |
| Larsen & Toubro Ltd. | Construction | 1,51,104 | 61.6 | 1.80% | -0.02%↓ |
| Eternal Ltd. | Services | 19,65,317 | 49.25 | 1.44% | -0.01%↓ |
| Shriram Finance Ltd | Financial | 4,85,278 | 45.96 | 1.34% | -0.02%↓ |
| NTPC Ltd. | Energy | 11,63,455 | 45.01 | 1.32% | -0.01%↓ |
| Mahindra & Mahindra Ltd. | Automobile | 1,35,850 | 41.37 | 1.21% | -0.05%↓ |
| Bajaj Finance Ltd. | Financial | 4,15,200 | 37.71 | 1.10% | -0.06%↓ |
| JSW Energy Ltd. | Capital Goods | 6,25,560 | 37.22 | 1.09% | 0.04%↑ |
| SBI Life Insurance Company Ltd. | Insurance | 1,95,216 | 35.73 | 1.04% | -0.02%↓ |
| Bharat Electronics Ltd. | Capital Goods | 8,25,758 | 33.92 | 0.99% | 0.33%↑ |
| Infosys Ltd. | Technology | 2,91,915 | 33.89 | 0.99% | -0.04%↓ |
| Multi Commodity Exchange Of India Ltd. | Services | 1,11,855 | 33.05 | 0.97% | -0.03%↓ |
| Titan Company Ltd. | Consumer Discretionary | 78,150 | 31.85 | 0.93% | -0.10%↓ |
| TVS Motor Company Ltd. | Automobile | 93,889 | 31.51 | 0.92% | 0.23%↑ |
| Adani Ports and Special Economic Zone Ltd. | Services | 1,67,120 | 30.16 | 0.88% | 0.05%↑ |
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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 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Financial | 16.46% | 17.15% | 16.57% | 16.21% | 16.55% | 15.05% |
| Healthcare | 5.26% | 5.16% | 4.67% | 4.23% | 4.41% | 4.11% |
| Services | 5.10% | 5.40% | 5.41% | 5.41% | 5.98% | 5.30% |
| Energy | 4.64% | 4.64% | 4.73% | 4.33% | 4.34% | 4.17% |
| Automobile | 3.75% | 3.71% | 3.54% | 3.27% | 3.41% | 3.27% |
| Capital Goods | 3.23% | 3.13% | 2.82% | 2.90% | 2.66% | 2.42% |
| Communication | 2.42% | 2.70% | 2.81% | 2.76% | 2.20% | 2.03% |
| Technology | 2.41% | 2.56% | 2.86% | 2.94% | 3.25% | 3.51% |
| Consumer Staples | 2.11% | 2.25% | 2.07% | 2.24% | 2.57% | 3.09% |
| Construction | 2.09% | 2.18% | 1.85% | 2.21% | 2.20% | 2.09% |
| Consumer Discretionary | 2.06% | 2.15% | 2.03% | 1.98% | 1.67% | 1.59% |
| Metals & Mining | 1.83% | 1.95% | 1.76% | 1.66% | 1.68% | 1.75% |
| Materials | 1.47% | 1.52% | 1.85% | 1.66% | 1.70% | 2.20% |
| Insurance | 1.20% | 1.23% | 1.19% | 1.05% | 0.93% | 0.86% |
| Chemicals | 0.51% | 0.53% | 0.49% | 0.53% | 0.54% | 0.60% |
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 | 12.38% | 2.61% |
| AAA | 5.95% | 6.43% |
| AA+ | 5.06% | 1.02% |
| Cash & Call Money | 3.62% | 5.01% |
| SOV | 3.07% | 8.03% |
| A1+ | 1.40% | 1.78% |
| AA- | 0.72% | 0.17% |
| A | - | 0.02% |
| A+ | - | 0.10% |
| AA | - | 0.59% |
| Others | - | 0.05% |
| Term Deposits | - | 0.11% |
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
51.9 / 100
Weighted average Value score is 51.9. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
60.4 / 100
Weighted average Price Momentum score is 60.4. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
72.0 / 100
Weighted average Quality score is 72.0. This indicates that portfolio has average quality using composite of quality measures.
QVM score
70.3 / 100
Weighted average QVM score is 70.3. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
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 | 1.99% |
| National Bank For Agriculture & Rural Development | Bonds | 7.53% | 24/03/2028 | [ICRA]AAA | 1.45% |
| Torrent Pharmaceuticals Ltd. | Debenture | 7.45% | 19/01/2028 | [ICRA]AA+ | 1.44% |
| Torrent Pharmaceuticals Ltd. | Non Convertible Debenture | 7.60% | 19/01/2029 | [ICRA]AA+ | 1.44% |
| Cholamandalam Investment and Finance Company Ltd. | Debenture | 8.20% | 17/02/2028 | [ICRA]AA+ | 0.73% |
| Piramal Finance Pvt. Ltd. | Bonds/NCDs | 8.75% | 29/10/2027 | [ICRA]AA+ | 0.73% |
| HDFC Bank Ltd. | Debenture | 7.78% | 13/04/2027 | CRISIL AAA | 0.73% |
| INDOSTAR-12.25%-23-5-16-A-PVT | Debenture | 8.85% | 22/05/2028 | CARE AA- | 0.72% |
| ICICI Securities Ltd. | Debenture | 7.45% | 24/11/2028 | CRISIL AAA | 0.72% |
| Muthoot Finance Ltd. | Non Convertible Debenture | 7.88% | 22/11/2028 | CRISIL AA+ | 0.72% |
| GOI | GOI Securities | 7.43% | 19/01/2076 | SOV | 0.71% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 25/11/2026 | IND A1+ | 0.70% |
| REC Ltd. | Debenture | 6.52% | 31/01/2028 | [ICRA]AAA | 0.63% |
| Power Finance Corporation Ltd. | Bonds | 7.44% | 15/01/2030 | CRISIL AAA | 0.58% |
| Mindspace Business Parks REIT | Debenture | 6.96% | 08/12/2028 | [ICRA]AAA | 0.57% |
| Bharti Telecom Ltd. | Non Convertible Debenture | 7.85% | 20/03/2029 | CRISIL AAA | 0.43% |
| Mindspace Business Parks REIT | Non Convertible Debenture | 7.17% | 05/03/2029 | [ICRA]AAA | 0.43% |
| LIC Housing Finance Ltd. | Non Convertible Debenture | 7.58% | 23/03/2035 | CRISIL AAA | 0.41% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 04/02/2027 | CRISIL A1+ | 0.35% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 22/01/2027 | CRISIL A1+ | 0.35% |
| GOI | GOI Securities | 7.10% | 08/04/2034 | SOV | 0.30% |
| 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 sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
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 157 securities in its portfolio. The top 5 holdings account for 39.31% of the portfolio and the top 10 for 49.85% — a well-diversified portfolio that minimises stock-specific risk.
What is the sector allocation of Mirae Asset Multi Asset Allocation Fund Direct-Growth?
The sector allocation of Mirae Asset Multi Asset Allocation Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of Mirae Asset Multi Asset Allocation Fund Direct-Growth?
As of 31 May 2026, Mirae Asset Multi Asset Allocation Fund Direct-Growth has 54.53% in equity, 16.19% in debt and 16.25% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 6.38%.
What is the market cap allocation of Mirae Asset Multi Asset Allocation Fund Direct-Growth?
Mirae Asset Multi Asset Allocation Fund Direct-Growth's equity portfolio — Large Cap: 72.55%, Mid Cap: 12.82%, Small Cap: 14.63%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is Mirae Asset Multi Asset Allocation Fund Direct-Growth a concentrated or diversified fund?
Mirae Asset Multi Asset Allocation Fund Direct-Growth holds 157 securities, with the top 10 accounting for 49.85% of the portfolio and the top 5 for 39.31%. With 157 holdings, this is a well-diversified fund — stock-specific risk is limited.
What is the credit quality of Mirae Asset Multi Asset Allocation Fund Direct-Growth?
The debt holdings of Mirae Asset Multi Asset Allocation Fund Direct-Growth are rated as follows — Cash: 12.38%, AAA: 5.95%, AA+: 5.06%, Cash & Call Money: 3.62%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.
How often does Mirae Asset Multi Asset Allocation Fund Direct-Growth change its portfolio?
The portfolio currently holds 157 securities with the top 10 accounting for 49.85% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of Mirae Asset Multi Asset Allocation Fund Direct-Growth's portfolio?
The weighted average PE ratio of Mirae Asset Multi Asset Allocation Fund Direct-Growth's portfolio is 22.32 and the PB ratio is 3.47. The debt portfolio has a modified duration of 1.90 years and an average maturity of 2.51 years. These metrics reflect the overall valuation and interest rate sensitivity 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 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.