Mirae Asset Multi Asset Allocation Fund

Mirae Asset Mutual FundHybridPortfolio as of 30 September 2026

Mirae Asset Multi Asset Allocation Fund holds 172 instruments (66.87% equity), led by ICICI Bank Limited (4.27%), HDFC Bank Limited (4.24%) and State Bank of India (2.58%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings

172

Equity Allocation

66.87%

AMC

Mirae Asset Mutual Fund

Portfolio Analysis

Mirae Asset Multi Asset Allocation Fund's top 10 holdings account for 22.35% of its portfolio, more diversified than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 23% of net assets, spread across 13 sectors in total. Since its 31 August 2026 disclosure, the fund added 7 new positions and exited 6 positions, with NTPC Limited seeing the largest move (-0.52pp to 0.58%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Other

33.2%

Financial Services

23%

Consumer Discretionary

12.56%

Healthcare

6.08%

Industrials

4.88%

Materials

4.07%

Energy

3.6%

Consumer Staples

2.67%

Utilities

2.45%

Telecommunication

2.41%

Information Technology

2.11%

Services

2.02%

Diversified

0.53%

Real Estate

0.49%

Top 10 Equity Holdings

ICICI Bank Limited · 4.27%HDFC Bank Limited · 4.24%State Bank of India · 2.58%Reliance Industries Limited · 2.42%Bharti Airtel Limited · 2.07%Axis Bank Limited · 1.99%Shriram Finance Limited · 1.32%TD POWER SYSTEMS LTD · 1.18%Titan Company Limited · 1.15%Laurus Labs Limited · 1.13%

What Changed: August 2026 → September 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

7 new entries6 exits5 increased10 reduced

New Entries

BlueStone Jewellery and Lifestyle Limited · 0.43%ELEVATE CAMPUSES LTD · 0.37%Meesho Limited · 0.37%Siemens Energy India Limited · 0.28%Neogen Chemicals Limited · 0.24%KANOHAR ELECTRICALS LTD · 0.15%MONEYVIEW LTD · 0.01%

Complete Exits

ABB India Limited · was 0.49%Life Insurance Corporation Of India · was 0.3%Steel Authority of India Limited · was 0.04%Max Healthcare Institute Limited · was 0.03%Mankind Pharma Limited · was 0.01%IndusInd Bank Limited · was 0%

Biggest Weight Increases

Stock	Weight	Change
Kirloskar Oil Engines Limited	0.01% → 0.41%	▲ +0.4
BSE Limited	0.04% → 0.27%	▲ +0.23
Dr. Reddy's Laboratories Limited	0.31% → 0.44%	▲ +0.13
Eicher Motors Limited	0.17% → 0.3%	▲ +0.13
Adani Ports and Special Economic Zone Limited	0.72% → 0.83%	▲ +0.11

Biggest Weight Reductions

Stock	Weight	Change
NTPC Limited	1.1% → 0.58%	▼ -0.52
ICICI Bank Limited	4.59% → 4.27%	▼ -0.32
Kotak Mahindra Bank Limited	1.07% → 0.81%	▼ -0.26
Glenmark Pharmaceuticals Limited	0.42% → 0.21%	▼ -0.21
State Bank of India	2.78% → 2.58%	▼ -0.2
Bajaj Finance Limited	1.12% → 0.97%	▼ -0.15
Shriram Finance Limited	1.46% → 1.32%	▼ -0.14
Atul Limited	0.25% → 0.12%	▼ -0.13
Titan Company Limited	1.25% → 1.15%	▼ -0.1
Infosys Limited	0.9% → 0.8%	▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).

ICICI Bank Limited

4.27%

HDFC Bank Limited

4.24%

State Bank of India

2.58%

Reliance Industries Limited

2.42%

Bharti Airtel Limited

2.07%

Full Portfolio (172 holdings)

#	Holding	Sector	% to NAV
1	Mirae Asset Gold ETFmf	—	11.74%
2	ICICI Bank Limited	Financial Services	4.27%
3	HDFC Bank Limited	Financial Services	4.24%
4	TREPStreps	—	2.67%
5	State Bank of India	Financial Services	2.58%
6	Reliance Industries Limited	Energy	2.42%
7	Bharti Airtel Limited	Telecommunication	2.07%
8	Axis Bank Limited	Financial Services	1.99%
9	6.79% Central Government Securitiesbond	—	1.88%
10	Mirae Asset Silver ETFmf	—	1.59%
11	7.47% Reliance Industries Ltd. (MD )bond	—	1.38%
12	7.45% Torrent Pharmaceuticals Ltd. (MD )bond	—	1.38%
13	7.60% Torrent Pharmaceuticals Ltd. (MD )bond	—	1.37%
14	7.53% Bajaj Housing Finance Ltd. (MD )bond	—	1.36%
15	Shriram Finance Limited	Financial Services	1.32%
16	TD POWER SYSTEMS LTD	Industrials	1.18%
17	Titan Company Limited	Consumer Discretionary	1.15%
18	Laurus Labs Limited	Healthcare	1.13%
19	Mahindra & Mahindra Limited	Consumer Discretionary	1.12%
20	Tata Steel Limited	Materials	1.07%
21	TVS Motor Company Limited	Consumer Discretionary	1.07%
22	ETERNAL LIMITED	Consumer Discretionary	1.06%
23	SBI Life Insurance Company Limited	Financial Services	1.01%
24	Bajaj Finance Limited	Financial Services	0.97%
25	Larsen & Toubro Limited	Industrials	0.93%
26	JSW Energy Limited	Utilities	0.91%
27	Bharat Electronics Limited	Industrials	0.89%
28	Multi Commodity Exchange of India Limited	Financial Services	0.85%
29	Adani Ports and Special Economic Zone Limited	Services	0.83%
30	Kotak Mahindra Bank Limited	Financial Services	0.81%
31	Infosys Limited	Information Technology	0.8%
32	LG Electronics India Limited	Consumer Discretionary	0.76%
33	Sona BLW Precision Forgings Limited	Consumer Discretionary	0.72%
34	8.20% Tata Capital Housing Finance Ltd. (MD )bond	—	0.69%
35	8.85% Indostar Capital Finance Ltd. (MD )bond	—	0.69%
36	7.77% Bajaj Finance Limited 2029bond	—	0.68%
37	7.88% Muthoot Finance Ltd 45-B OpI (MD )bond	—	0.68%
38	6.35% Larsen & Toubro Ltd. (MD )bond	—	0.68%
39	Avenue Supermarts Limited	Consumer Discretionary	0.68%
40	Maruti Suzuki India Limited	Consumer Discretionary	0.67%
41	Divi's Laboratories Limited	Healthcare	0.66%
42	Small Industries Development Bank of India (MD )bond	—	0.66%
43	Hindalco Industries Limited	Materials	0.64%
44	Net Receivables / (Payables)other	—	0.64%
45	L&T Finance Ltd. (MD )bond	—	0.63%
46	7.23% Export-Import Bank of India (MD )bond	—	0.63%
47	Varun Beverages Limited	Consumer Staples	0.59%
48	Kfin Technologies Limited	Financial Services	0.59%
49	NTPC Limited	Utilities	0.58%
50	7.83% Small Industries Development Bank of India (MD )bond	—	0.55%
51	7.44% Power Finance Corporation Ltd. (MD )bond	—	0.55%
52	Bharat Petroleum Corporation Limited	Energy	0.54%
53	Central Depository Services (India) Limited	Financial Services	0.54%
54	Vedanta Aluminium Metal Limited	Diversified	0.53%
55	Tata Consultancy Services Limited	Information Technology	0.52%
56	Onesource Specialty Pharma Limited	Healthcare	0.51%
57	Pine Labs Limited	Financial Services	0.51%
58	Schaeffler India Limited	Consumer Discretionary	0.51%
59	Ambuja Cements Limited	Materials	0.5%
60	Torrent Pharmaceuticals Limited	Healthcare	0.48%
61	Craftsman Automation Limited	Consumer Discretionary	0.48%
62	Dr. Lal Path Labs Ltd.	Healthcare	0.48%
63	BLACKBUCK LIMITED	Services	0.47%
64	Century Plyboards (India) Limited	Consumer Discretionary	0.47%
65	Tech Mahindra Limited	Information Technology	0.46%
66	ITC Limited	Consumer Staples	0.45%
67	Dr. Reddy's Laboratories Limited	Healthcare	0.44%
68	Foseco India Limited	Materials	0.44%
69	Nestle India Limited	Consumer Staples	0.43%
70	BlueStone Jewellery and Lifestyle Limited	Consumer Discretionary	0.43%
71	Vishal Mega Mart Limited	Consumer Discretionary	0.42%
72	KUSUMGAR LTD	Consumer Discretionary	0.42%
73	Oil & Natural Gas Corporation Limited	Energy	0.42%
74	Sai Life Sciences Limited	Healthcare	0.42%
75	8.65% Muthoot Finance Ltd. (MD )bond	—	0.41%
76	Kirloskar Oil Engines Limited	Industrials	0.41%
77	Sun Pharmaceutical Industries Limited	Healthcare	0.4%
78	Leela Palaces Hotels & Resorts Limited	Consumer Discretionary	0.4%
79	NEXUS SELECT TRUST	Real Estate	0.39%
80	7.58% LIC Housing Finance Ltd. (MD )bond	—	0.39%
81	UltraTech Cement Limited	Materials	0.38%
82	Godrej Consumer Products Limited	Consumer Staples	0.38%
83	ELEVATE CAMPUSES LTD	Industrials	0.37%
84	8.95% Reliance Industries Ltd. (MD )bond	—	0.37%
85	MILKY MIST DAIRY FOOD LTD	Consumer Staples	0.37%
86	Meesho Limited	Consumer Discretionary	0.37%
87	The Indian Hotels Company Limited	Consumer Discretionary	0.37%
88	SYMBIOTEC PHARMALAB LTD	Healthcare	0.36%
89	Krishna Institute of Medical Sciences Limited	Healthcare	0.35%
90	Apollo Hospitals Enterprise Limited	Healthcare	0.35%
91	Indus Towers Limited	Telecommunication	0.34%
92	CARE Ratings Limited	Financial Services	0.32%
93	Eicher Motors Limited	Consumer Discretionary	0.3%
94	AU Small Finance Bank Limited	Financial Services	0.29%
95	7.10% Central Government Securitiesbond	—	0.28%
96	Siemens Energy India Limited	Industrials	0.28%
97	Campus Activewear Limited	Consumer Discretionary	0.28%
98	Rural Electrification Corporation Ltdbond	—	0.28%
99	7.83% Cholamandalam Investment & Finance Co. Ltd. (MD )bond	—	0.27%
100	BSE Limited	Financial Services	0.27%
101	Eris Lifesciences Limited	Healthcare	0.27%
102	BANK OF BARODA CD REDbond	—	0.27%
103	7.06% Government of India (MD )bond	—	0.27%
104	GAIL (India) Limited	Utilities	0.25%
105	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.24%
106	Deepak Nitrite Limited	Materials	0.24%
107	SHIPROCKET LTD	Services	0.24%
108	Neogen Chemicals Limited	Materials	0.24%
109	International Gemological Institute Limited	Industrials	0.23%
110	Grasim Industries Limited	Materials	0.23%
111	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	0.23%
112	One 97 Communications Limited	Financial Services	0.23%
113	Coal India Limited	Energy	0.22%
114	MphasiS Limited	Information Technology	0.22%
115	Glenmark Pharmaceuticals Limited	Healthcare	0.21%
116	Kalyan Jewellers India Limited	Consumer Discretionary	0.21%
117	Hindustan Aeronautics Limited	Industrials	0.21%
118	Canara Bank	Financial Services	0.21%
119	The Federal Bank Limited	Financial Services	0.21%
120	Adani Energy Solutions Limited	Utilities	0.2%
121	Britannia Industries Limited	Consumer Staples	0.2%
122	Power Finance Corporation Limited	Financial Services	0.2%
123	JSW Infrastructure Limited	Services	0.2%
124	InterGlobe Aviation Limited	Services	0.19%
125	Bajaj Finserv Limited	Financial Services	0.18%
126	Radico Khaitan Limited	Consumer Staples	0.18%
127	Manappuram Finance Limited	Financial Services	0.17%
128	IDFC First Bank Limited	Financial Services	0.17%
129	Adani Green Energy Limited	Utilities	0.16%
130	Gujarat Gas Limited	Utilities	0.15%
131	KANOHAR ELECTRICALS LTD	Industrials	0.15%
132	Bank of Baroda	Financial Services	0.14%
133	RBL Bank Limited	Financial Services	0.14%
134	TURTLEMINT FINTECH SOLUTIONS	Financial Services	0.14%
135	Ashok Leyland Limited	Industrials	0.14%
136	Power Grid Corporation of India Limited	Utilities	0.14%
137	Indian Bank (MD )bond	—	0.14%
138	LIC Housing Finance Limited	Financial Services	0.12%
139	Go Digit General Insurance Limited	Financial Services	0.12%
140	Atul Limited	Materials	0.12%
141	Zensar Technologies Limited	Information Technology	0.11%
142	DLF Limited	Real Estate	0.1%
143	Container Corporation of India Limited	Services	0.09%
144	Tube Investments of India Limited	Consumer Discretionary	0.09%
145	HDFC Asset Management Company Limited	Financial Services	0.09%
146	Vedanta Limited	Materials	0.08%
147	6.98% State Government of Maharashtra (MD )bond	—	0.07%
148	Punjab National Bank	Financial Services	0.06%
149	Jio Financial Services Limited	Financial Services	0.06%
150	Pidilite Industries Limited	Materials	0.05%
151	Bharat Heavy Electricals Limited	Industrials	0.05%
152	PNB Housing Finance Limited	Financial Services	0.05%
153	Hero MotoCorp Limited	Consumer Discretionary	0.05%
154	Motilal Oswal Financial Services Limited	Financial Services	0.04%
155	UPL Limited	Materials	0.04%
156	Suzlon Energy Limited	Industrials	0.04%
157	United Spirits Limited	Consumer Staples	0.04%
158	Asian Paints Limited	Consumer Discretionary	0.04%
159	Tata Power Company Limited	Utilities	0.03%
160	Muthoot Finance Limited	Financial Services	0.03%
161	GSPL TRANSMISSION LTD	Utilities	0.03%
162	Computer Age Management Services Limited	Financial Services	0.03%
163	Dabur India Limited	Consumer Staples	0.03%
164	JINDAL STEEL LIMITED	Materials	0.03%
165	FSN E-Commerce Ventures Limited	Consumer Discretionary	0.02%
166	Union Bank of India	Financial Services	0.02%
167	Bank of India	Financial Services	0.02%
168	Zydus Lifesciences Limited	Healthcare	0.02%
169	National Aluminium Company Limited	Materials	0.01%
170	MONEYVIEW LTD	Financial Services	0.01%
171	Hitachi Energy India Limited	Industrials	0%
172	Aurobindo Pharma Limited	Healthcare	0%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 4.27% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 1 holding.

Yes. As of its 30 September 2026 disclosure, HDFC Bank Limited is 4.24% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 2 holding.

Yes. As of its 30 September 2026 disclosure, State Bank of India is 2.58% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 3 holding.

Yes. As of its 30 September 2026 disclosure, Reliance Industries Limited is 2.42% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 4 holding.

Yes. As of its 30 September 2026 disclosure, Bharti Airtel Limited is 2.07% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Mirae Asset Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.