Mirae Asset Multi Asset Allocation Fund
Fund name-
Mirae Asset Multi Asset Allocation Fund
Type of Scheme-
An open-ended scheme investing in equity, debt & money market instruments, Gold ETFs, Silver ETFs and exchange traded commodity derivatives
New Fund Offer opens on-
10th January, 2024 | New Fund Offer closes on – 24th January, 2024. Scheme re-opens for continuous Sale and Repurchase from 1st February, 2024.
Aim to invest conveniently with Mirae Asset Multi Asset Allocation Fund-
Diversification- May benefit from diversification across asset classes through a single fund
Hassle Free -Does away with the hassle of predicting which asset class will do well & allows the combination which may work for you
Risk adjusted Returns- Seeks to provide better investment experience ‒ risk adjusted returns.
Alpha Generation- Potential to generate alpha through actively managed equity portfolio
Rebalancing- Portfolio will be rebalanced on a regular basis based on the underlying framework
Fund Manager-
Mr. Harshad Borawake (Equity Portion)
Mr. Amit Modani (Debt Portion)
Mr. Siddharth Srivastava (Dedicated Fund Manager for Overseas Investments)
Mr. Ritesh Patel (Dedicated Fund Manager for Commodity Investments)
Benchmark-
65% S&P BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver
Minimum Application Amount-
Investors can invest under the Scheme during the New Fund Offer period and ongoing offer period with a minimum investment of Rs.5,000/- and in multiples of Re. 1/- thereafter. During ongoing offer period, for subsequent additional purchases, the investor can invest with the minimum amount of Rs. 1000/- and in multiples of Re. 1/- thereafter. The minimum amount for SIP shall be Rs. 500/- and in multiples of Re. 1 thereafter.
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.
Mirae Asset Multi Asset Allocation Fund is suitable for investors who are seeking-
• To generate long term appreciation/income.
• Investments in equity, debt & money market instruments, Gold ETFs, Silver ETFs and Exchange Traded commodity derivatives.
*Investors should consult their financial advisors if they are not clear about the suitability of the product.
The Product Labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when actual investments are made.
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes. The Mutual Fund is not guaranteeing or assuring any dividend under any of the schemes and the same is subject to the availability and adequacy of distributable surplus. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.