Mirae Asset Multi Asset Allocation Fund

Fund basics

Everything the NAV says

Computed from 684 published NAVs between 1 Feb 2024 and 11 Nov 2026 — 2.8 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.

How it has moved

Return over time (%)

Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index's own Total Return Index, as published by NSE, measured to 11 Nov 2026. The category row is the median Direct plan in Multi Asset Allocation — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 11 Nov 2026.

Risk measures

Risk-free rate 6.5%. The benchmark row is the index's NSE Total Return Index. Beta and alpha need the index as a reference, so the benchmark's own row leaves them blank.

Against its benchmark

Regressed on the 32 months this fund and NIFTY 100 TRI both have, using NSE's own Total Return Index for it. Alpha is Jensen's — the return left over after the market move this fund's own beta would predict.

Up and down capture are the pair worth reading together: a fund that takes 95% of the rises but only 80% of the falls is doing something a headline CAGR will never show you.

Risk

Risk-free rate 6.5%, roughly the 10-year government bond.

The worst it has been

A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.

Every one-year period it has lived through

Rolling returns ask a fairer question than a single five-year figure: not "what did it do from this one start date", but "what happened across every start date". A fund whose worst year is −45% is a different proposition from one whose worst is −8%, even if the averages match.

Calendar years

How it compares in its category

Against the Multi Asset Allocation Direct schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.