MIRAE ASSET MULTI
ASSET ALLOCATION FUND $
(Multi Asset Allocation Fund - An open-ended scheme investing in equity, debt & money market
instruments, Gold ETFs, Silver ETFs and exchange traded commodity derivatives)
| Type of Scheme | Multi Asset Allocation Fund - An open-ended scheme investing in equity, debt & money market instruments, Gold ETFs, Silver ETFs and exchange traded commodity derivatives |
| Investment Objective | The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in equity and equity related securities, Debt and money market instruments, Gold ETFs, Silver ETFs and Exchange Traded Commodity Derivatives. However, there is no assurance that the investment objective of the Scheme will be realized. |
Fund Manager** |
Mr. Harshad Borawake (Equity portion) (since January 31, 2024), Mr. Amit Modani (Debt portion) (since January 31, 2024) Mr. Siddharth Srivastava (Dedicated Fund Manager for Overseas Investments) (since since January 31, 2024) Mr. Ritesh Patel (Dedicated Fund Manager for Commodity Investments) (since January 31, 2024) |
| Allotment Date | 31st January, 2024 |
| Benchmark Index | 65% S&P BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/- thereafter Minimum Additional Application Amount: ₹ 1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019)## |
Monthly and Quarterly: ₹ 500/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly / Quarterly option. |
| Load Structure | Entry load: NA Exit Load: If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on February 29, 2024 | 1,236.84 |
| Net AUM (₹ Cr.) |
1,266.04 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on February 29, 2024 |
Regular Plan: 2.09% Direct Plan: 0.37% |
| **For experience of Fund Managers Click Here | |
| ##Pursuant to notice cum addendum no. 69/2023, Minimum Systematic Investment Plan (SIP) Installment amount for certain Schemes has been Changed with effect from January 01, 2024. | |
| NAV: | Direct | Regular |
| Growth | ₹ 10.089 | ₹ 10.075 |
| IDCW | ₹ 10.089 | ₹ 10.073 |
Average Maturity |
4.60 Years |
Modified Duration |
3.53 Years |
Macaulay Duration |
3.71 Years |
Annualized Portfolio YTM* |
7.45% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
Banks |
|
HDFC Bank Ltd |
5.74% |
ICICI Bank Ltd |
3.77% |
State Bank of India |
2.64% |
Axis Bank Ltd |
2.12% |
Kotak Mahindra Bank Ltd |
1.26% |
IndusInd Bank Ltd |
0.96% |
The Federal Bank Limited |
0.77% |
Bank of Baroda |
0.47% |
IT - Software |
|
Infosys Ltd |
2.33% |
Tata Consultancy Services Ltd |
1.29% |
Wipro Ltd |
0.96% |
LTIMindtree Limited |
0.75% |
HCL Technologies Limited |
0.33% |
Coforge Limited |
0.33% |
Finance |
|
Shriram Finance Limited |
1.50% |
Bajaj Finance Limited |
0.72% |
IIFL Finance Limited |
0.60% |
Fusion Micro Finance Limited |
0.59% |
India Shelter Finance Corporation Limited |
0.49% |
Bajaj Finserv Limited |
0.48% |
LIC Housing Finance Limited |
0.41% |
L&T Finance Holdings Limited |
0.11% |
Petroleum Products |
|
Reliance Industries Ltd |
2.61% |
Hindustan Petroleum Corporation Ltd |
0.39% |
Bharat Petroleum Corporation Limited |
0.34% |
Consumer Durables |
|
Titan Company Ltd |
0.86% |
Voltas Ltd |
0.46% |
Havells India Ltd |
0.41% |
Cera Sanitaryware Limited |
0.41% |
Century Plyboards (India) Limited |
0.39% |
Dixon Technologies (India) Limited |
0.35% |
Kajaria Ceramics Ltd |
0.25% |
Cement & Cement Products |
|
Ambuja Cements Limited |
1.07% |
ACC Limited |
0.83% |
Dalmia Bharat Limited |
0.54% |
UltraTech Cement Limited |
0.09% |
Grasim Industries Ltd |
0.02% |
Diversified FMCG |
|
ITC Ltd |
1.72% |
Hindustan Unilever Ltd |
0.84% |
Construction |
|
Larsen & Toubro Ltd |
2.47% |
Automobiles |
|
Tata Motors Limited |
1.29% |
Eicher Motors Ltd |
0.63% |
Maruti Suzuki India Ltd |
0.45% |
Pharmaceuticals & Biotechnology |
|
Gland Pharma Limited |
0.56% |
Cipla Limited |
0.54% |
Torrent Pharmaceuticals Ltd |
0.40% |
Sun Pharmaceutical Industries Ltd |
0.31% |
Aurobindo Pharma Ltd |
0.23% |
Divi's Laboratories Ltd |
0.18% |
Telecom - Services |
|
Bharti Airtel Ltd |
1.63% |
Tata Communications Limited |
0.58% |
Retailing |
|
Zomato Limited |
0.53% |
Electronics Mart India Limited |
0.49% |
Go Fashion (India) Limited |
0.42% |
Trent Limited |
0.27% |
Avenue Supermarts Limited |
0.25% |
Personal Products |
|
Godrej Consumer Products Limited |
0.99% |
Dabur India Ltd |
0.90% |
Auto Components |
|
Samvardhana Motherson International Limited |
0.77% |
Craftsman Automation Limited |
0.53% |
Balkrishna Industries Ltd |
0.24% |
Power |
|
NTPC Ltd |
1.38% |
Insurance |
|
SBI Life Insurance Company Limited |
0.82% |
HDFC Life Insurance Company Ltd |
0.47% |
ICICI Lombard General Insurance Company Limited |
0.09% |
Aerospace & Defense |
|
Bharat Electronics Ltd |
0.51% |
Hindustan Aeronautics Limited |
0.39% |
Data Patterns (India) Limited |
0.30% |
Realty |
|
Brigade Enterprises Limited |
0.80% |
Healthcare Services |
|
Apollo Hospitals Enterprise Limited |
0.49% |
Syngene International Limited |
0.22% |
Capital Markets |
|
Multi Commodity Exchange of India Limited |
0.43% |
BSE Limited |
0.28% |
Gas |
|
GAIL (India) Limited |
0.51% |
Chemicals & Petrochemicals |
|
SRF Limited |
0.25% |
Atul Limited |
0.25% |
Industrial Products |
|
R R Kabel Limited |
0.25% |
RHI Magnesita India Limited |
0.24% |
Consumable Fuels |
|
Coal India Ltd |
0.48% |
Non - Ferrous Metals |
|
Hindalco Industries Limited |
0.48% |
Ferrous Metals |
|
Tata Steel Ltd |
0.45% |
Leisure Services |
|
Indian Railway Catering And Tourism Corporation Limited |
0.38% |
Financial Technology (Fintech) |
|
PB Fintech Limited |
0.37% |
Electrical Equipment |
|
TD Power Systems Limited |
0.32% |
Transport Services |
|
Container Corporation of India Limited |
0.25% |
Agricultural Food & other Products |
|
Balrampur Chini Mills Limited |
0.18% |
EQUITY HOLDINGS Total |
65.44% |
CORPORATE BOND |
|
Indian Railway Finance Corporation Limited |
3.97% |
National Bank For Agriculture and Rural Development |
3.96% |
REC Limited |
1.98% |
Small Industries Dev Bank of India |
1.98% |
CORPORATE BOND Total |
11.88% |
EXCHANGE TRADED FUNDS |
|
Mirae Asset Mutual Fund |
10.57% |
EXCHANGE TRADED FUNDS Total |
10.57% |
GOVERNMENT BOND |
|
7.18% GOI (MD 14/08/2033) |
4.18% |
7.1% GOI (MD 18/04/2029) |
1.98% |
7.18% GOI (MD 24/07/2037) |
0.79% |
GOVERNMENT BOND Total |
6.94% |
CERTIFICATE OF DEPOSIT |
|
HDFC Bank Limited |
1.49% |
Canara Bank |
1.48% |
CERTIFICATE OF DEPOSIT Total |
2.97% |
REIT |
|
Embassy Office Parks REIT |
0.59% |
REIT Total |
0.59% |
CASH & OTHER RECEIVABLES Total |
1.61% |
Total |
100.00% |
| Name of the Instrument | % to Net Assets |
| Derivatives | |
| Index / Stock Futures | |
Grasim Industries Limited |
-0.02% |
Hindustan Unilever Limited |
-0.08% |
ICICI Lombard General Insurance Company Limited |
-0.10% |
L&T Finance Holdings Limited |
-0.11% |
Axis Bank Limited |
-0.15% |
Balrampur Chini Mills Limited |
-0.18% |
Shriram Finance Limited |
-0.25% |
Trent Limited |
-0.27% |
NTPC Limited |
-0.28% |
The Federal Bank Limited |
-0.28% |
Coforge Limited |
-0.33% |
Dixon Technologies (India) Limited |
-0.35% |
Indian Railway Catering And Tourism Corporation Limited |
-0.38% |
Dabur India Limited |
-0.39% |
Hindustan Petroleum Corporation Limited |
-0.39% |
Hindustan Aeronautics Limited |
-0.40% |
LIC Housing Finance Limited |
-0.41% |
Reliance Industries Limited |
-0.42% |
Multi Commodity Exchange of India Limited |
-0.43% |
ITC Limited |
-0.44% |
Kotak Mahindra Bank Limited |
-0.46% |
Voltas Limited |
-0.47% |
HDFC Life Insurance Company Limited |
-0.47% |
Bank of Baroda |
-0.47% |
IndusInd Bank Limited |
-0.47% |
Bharti Airtel Limited |
-0.48% |
Infosys Limited |
-0.48% |
Bajaj Finserv Limited |
-0.49% |
Larsen & Toubro Limited |
-0.50% |
Ambuja Cements Limited |
-0.50% |
GAIL (India) Limited |
-0.51% |
Tata Motors Limited |
-0.54% |
State Bank of India |
-0.55% |
ICICI Bank Limited |
-0.55% |
Titan Company Limited |
-0.56% |
Tata Communications Limited |
-0.58% |
ACC Limited |
-0.84% |
HDFC Bank Limited |
-0.87% |
Total |
-15.44% |
@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 29th February, 2024. ^Basis last rolling 12 months. |
|
This product is suitable for investors who are seeking*
• To generate long term capital appreciation/income
• Investments in equity, debt & money market instruments, Gold ETFs, Silver ETFs and Exchange Traded commodity derivatives
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
^^As per notice cum addendum no. 09/2024 riskometer of the scheme has changed. Please visit the website for more details https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
Past Performance may or may not be sustained in future.
Note :
$Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months 