Franklin India Multi Asset Allocation Fund vs Mirae Asset Multi Asset Allocation Fund
Franklin India Multi Asset Allocation Fund and Mirae Asset Multi Asset Allocation Fund are both Multi Asset Allocation funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs —, 5-year CAGR — vs —, volatility 12.47% vs 8.90%, maximum drawdown −11.55% vs −9.09%.
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Mirae Asset Mutual Fund |
| Compared as | Multi Asset Allocation | Multi Asset Allocation |
| NAV | ₹11.0427 | ₹14.2590 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 31 Jul 2025 | 1 Feb 2024 |
| Track record | 1.3 yrs | 2.8 yrs |
| Fund size (AUM) | ₹2,767 Cr | — |
| Securities held | 57 | — |
| Portfolio as of | 30 Sep 2026 | Not disclosed yet |
| Fund page | Full record → | Full record → |
Returns
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| 1 month | +3.13% | +3.02% |
| 3 months | −3.16% | +0.22% |
| 6 months | −0.15% | +2.64% |
| 1 year | +6.14% | +8.96% |
| 3 years (CAGR) | — | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +8.14% | +13.61% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| 2026 (year to date) | +1.00% | +4.45% |
| 2025 | — | +20.12% |
Risk
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| Volatility (annualised) ⓘ | 12.47% | 8.90% |
| Downside volatility ⓘ | 9.56% | 5.98% |
| Sharpe ratio ⓘ | 0.13 | 0.80 |
| Sortino ratio ⓘ | 0.17 | 1.19 |
| Maximum drawdown ⓘ | −11.55% | −9.09% |
| Recovery from that fall | — | 4 months |
| Current fall from peak | −3.72% | −0.78% |
| Rolling 1-year return: worst | −1.01% | +2.66% |
| Rolling 1-year return: median | +8.79% | +13.41% |
| Rolling 1-year return: best | +14.74% | +27.30% |
| Share of 1-year periods with a loss | 7.46% | 0.00% |
Against each fund's benchmark
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| Beta ⓘ | 0.70 | 0.56 |
| Alpha (Jensen's, annualised) ⓘ | +5.87% | +6.84% |
| R² ⓘ | 80.74 | 85.44 |
| Upside capture | 78.06% | 78.53% |
| Downside capture | 37.14% | 25.59% |
| Tracking error | 7.17% | 7.20% |
| Information ratio | 1.31 | 1.29 |
| Treynor ratio | -2.96 | 9.90 |
Portfolio
Mirae Asset Multi Asset Allocation Fund has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Asset mix
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| Equity | 65.81% | — |
| Gold | 14.10% | — |
| Debt | 10.35% | — |
| REITs / InvITs | 3.93% | — |
| Silver | 3.25% | — |
| Cash & equivalents | 2.61% | — |
Market-cap split (share of fund assets)
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| Large Cap | 46.01% | — |
| Mid Cap | 5.62% | — |
| Small Cap | 14.14% | — |
| Unclassified | 0.00% | — |
Concentration
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| Top 10 holdings | 38.52% | — |
| Effective number of stocks ⓘ | 28.4 | — |
| Securities held | 57 | — |
Top 10 holdings
Franklin India Multi Asset Allocation
- Nippon India ETF Gold Bees14.10%
- State Bank of India3.33%
- Nippon India Silver ETF3.25%
- HDFC Bank Limited3.21%
- ICICI Bank Limited2.90%
- Axis Bank Limited2.65%
- Eternal Limited2.38%
- Reliance Industries Limited2.36%
- Larsen & Toubro Limited2.24%
- Knowledge Realty Trust2.12%
Mirae Asset Multi Asset Allocation
Not disclosed yet.
Sector exposure
| Franklin India Multi Asset Allocation | Mirae Asset Multi Asset Allocation | |
|---|---|---|
| ETFs | 17.35% | — |
| Banks | 12.08% | — |
| CRISIL AAA | 11.62% | — |
| Retailing | 4.63% | — |
| Aerospace & Defense | 3.35% | — |
| Auto Components | 3.33% | — |
| Petroleum Products | 3.21% | — |
| IT - Software | 2.99% | — |
| Pharmaceuticals & Biotechnology | 2.78% | — |
| Realty | 2.56% | — |
| Consumer Durables | 2.49% | — |
| Healthcare Services | 2.38% | — |
| Power | 2.30% | — |
| Construction | 2.24% | — |
Questions people ask
What is the difference between Franklin India Multi Asset Allocation and Mirae Asset Multi Asset Allocation returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +6.14% vs +8.96%; 3-year CAGR — vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Franklin India Multi Asset Allocation and Mirae Asset Multi Asset Allocation compare on risk?
Volatility (36 monthly returns, annualised) 12.47% vs 8.90%; Sharpe ratio 0.13 vs 0.80; Sortino ratio 0.17 vs 1.19; maximum drawdown −11.55% vs −9.09%; beta 0.70 vs 0.56.
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.