Launch of Mirae Asset Multi Asset Allocation Fund

The combination of asset classes has provided better investment experience over the years and the fund aims to capture the business cycle benefits of different assets over a period. As the table suggests, winners keep changing and hence its is difficult to predict which asset class may perform consistently, thus the case for Multi-Asset.

As per the table of each year returns across Equity, Gold, Debt and Multi-Asset *, Multi-Asset has been consistent most of the time, especially in last 3 years

Source: AceMF, AMFI, Bloomberg, From 1st Jan 2009 to 29th Dec 2023. *Multi Asset: E: 65%, D: 20%, G: 15%), E:Equity: S&P BSE 200 TRI, D:Debt: NIFTY Short Duration Debt Index, G:Gold: Domestic Gold Prices. Returns for more than 1 year are CAGR, less than 1 year are absolute. Past performance may or may not sustain in the future.

Speaking on the NFO Launch Harshad Borawake, Fund Manager, Mirae Asset Investment Managers (India) Pvt. Ltd. said “A mix of asset class may act as a hedge due to which the market volatility could be managed better, Mirae Asset Multi Asset Allocation Fund aims to bring this investment experience to investors. Such a product may be suited for Investors seeking to participate across diverse asset classes but want to do it under one scheme”.

3 year daily average rolling returns across S&P BSE 200 TRI, Multi-Asset Benchmark* and Nifty50- TRI showcases that Multi-Asset benchmark chosen for the scheme has consistently outperformed Nifty 50-TRI over 1, 3 & 5 year. Also, the Average Standard Deviation is comparatively lower compared to the other two indices.

Source: Internal Calculation, AceMF, AMFI, Bloomberg. Time period: 1st Aug 2007 to 29th Dec 2023. Past performance may or may not sustain in the future Benchmark: 65% S&P BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver

Swarup Anand Mohanty, Vice Chairman & CEO, Mirae Asset Investment Managers (India) Pvt.. Ltd. added “Investors primary concern is riding volatility and wealth creation, that may be achieved with combination of assets, it may help an investor get away with the hassle of predicting which asset class will do well & allows the combination which may work in much more consistent manner. Multi Asset aims to solve the Jigsaw Puzzle of Volatility.”

Mirae Asset Multi Asset Allocation Fund NFO closes on 24th Jan 2024 & will re-open for continuous Sale and Repurchase from 1st February 2024

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Source: Internal Calculation, AceMF, AMFI, Bloomberg. Time period: 1st Aug 2007 to 29th Dec 2023. Past performance may or may not sustain in the future Benchmark: 65% S&P BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver

Please consult your financial advisor or mutual fund distributor before investing.
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 the actual investments are made.