Mirae Asset Multi Asset Allocation Fund

Mirae Asset Mutual FundHybridPortfolio as of 31 July 2026

Mirae Asset Multi Asset Allocation Fund holds 162 instruments (68.08% equity), led by ICICI Bank Limited (4.66%), HDFC Bank Limited (4.5%) and State Bank of India (2.69%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

162

Equity Allocation

68.08%

AMC

Mirae Asset Mutual Fund

Portfolio Analysis

Mirae Asset Multi Asset Allocation Fund's top 10 holdings account for 24.14% of its portfolio, more diversified than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 24.01% of net assets, spread across 13 sectors in total. Since its 30 June 2026 disclosure, the fund added 6 new positions and exited 9 positions, with HDFC Bank Limited seeing the largest move (-0.45pp to 4.5%).

Top 10 Equity Holdings

ICICI Bank Limited · 4.66%HDFC Bank Limited · 4.5%State Bank of India · 2.69%Reliance Industries Limited · 2.53%Bharti Airtel Limited · 2.29%Axis Bank Limited · 1.85%ETERNAL LIMITED · 1.61%NTPC Limited · 1.41%Shriram Finance Limited · 1.41%Larsen & Toubro Limited · 1.19%

What Changed: June 2026 → July 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.

6 new entries9 exits9 increased9 reduced

New Entries

Torrent Pharmaceuticals Limited · 0.52%KUSUMGAR LTD · 0.41%Apollo Hospitals Enterprise Limited · 0.27%TURTLEMINT FINTECH SOLUTIONS · 0.17%INDO-MIM LTD · 0.04%GSPL Transmission Limited · 0.03%

Complete Exits

JB Chemicals & Pharmaceuticals Limited · was 0.47%Gland Pharma Limited · was 0.33%Brigade Enterprises Limited · was 0.23%LTM Limited · was 0.15%General Insurance Corporation of India · was 0.14%Vedanta Oil and Gas Limited · was 0.11%Vedanta Power Limited · was 0.04%ICICI Lombard General Insurance Company Limited · was 0.04%Jubilant Foodworks Limited · was 0.04%

Biggest Weight Increases

Stock	Weight	Change
Kotak Mahindra Bank Limited	0.56% → 0.81%	▲ +0.25
Tech Mahindra Limited	0.25% → 0.5%	▲ +0.25
TVS Motor Company Limited	0.93% → 1.13%	▲ +0.2
TD Power Systems Limited	0.49% → 0.69%	▲ +0.2
JSW Infrastructure Limited	0.07% → 0.26%	▲ +0.19
Laurus Labs Limited	0.99% → 1.14%	▲ +0.15
Sona BLW Precision Forgings Limited	0.56% → 0.67%	▲ +0.11
ETERNAL LIMITED	1.5% → 1.61%	▲ +0.11
Craftsman Automation Limited	0.35% → 0.45%	▲ +0.1

Biggest Weight Reductions

Stock	Weight	Change
HDFC Bank Limited	4.95% → 4.5%	▼ -0.45
Larsen & Toubro Limited	1.6% → 1.19%	▼ -0.41
InterGlobe Aviation Limited	0.6% → 0.19%	▼ -0.41
IndusInd Bank Limited	0.62% → 0.35%	▼ -0.27
Varun Beverages Limited	0.61% → 0.42%	▼ -0.19
Reliance Industries Limited	2.69% → 2.53%	▼ -0.16
Avenue Supermarts Limited	0.74% → 0.59%	▼ -0.15
Aurobindo Pharma Limited	0.23% → 0.09%	▼ -0.14
Max Healthcare Institute Limited	0.33% → 0.23%	▼ -0.1

Top Holdings — Weight Trend

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

ICICI Bank Limited

4.66%

HDFC Bank Limited

4.5%

State Bank of India

2.69%

Reliance Industries Limited

2.53%

Bharti Airtel Limited

2.29%

Full Portfolio (162 holdings)

#	Holding	Sector	% to NAV
1	Mirae Asset Gold ETFmf	—	11.36%
2	ICICI Bank Limited	Financial Services	4.66%
3	HDFC Bank Limited	Financial Services	4.5%
4	TREPStreps	—	3.67%
5	State Bank of India	Financial Services	2.69%
6	Reliance Industries Limited	Energy	2.53%
7	Bharti Airtel Limited	Telecommunication	2.29%
8	6.79% Central Government Securitiesbond	—	1.93%
9	Axis Bank Limited	Financial Services	1.85%
10	ETERNAL LIMITED	Consumer Discretionary	1.61%
11	Mirae Asset Silver ETFmf	—	1.58%
12	NTPC Limited	Utilities	1.41%
13	Shriram Finance Limited	Financial Services	1.41%
14	7.53% Bajaj Housing Finance Ltd. (MD )bond	—	1.39%
15	7.60% Torrent Pharmaceuticals Ltd. (MD )bond	—	1.39%
16	7.45% Torrent Pharmaceuticals Ltd. (MD )bond	—	1.39%
17	Larsen & Toubro Limited	Industrials	1.19%
18	Mahindra & Mahindra Limited	Consumer Discretionary	1.18%
19	Bajaj Finance Limited	Financial Services	1.17%
20	Laurus Labs Limited	Healthcare	1.14%
21	Titan Company Limited	Consumer Discretionary	1.13%
22	SBI Life Insurance Company Limited	Financial Services	1.13%
23	TVS Motor Company Limited	Consumer Discretionary	1.13%
24	Tata Steel Limited	Materials	1.11%
25	Bharat Electronics Limited	Industrials	0.99%
26	JSW Energy Limited	Utilities	0.97%
27	Infosys Limited	Information Technology	0.92%
28	Kotak Mahindra Bank Limited	Financial Services	0.81%
29	7.83% Cholamandalam Investment & Finance Co. Ltd. (MD )bond	—	0.8%
30	Maruti Suzuki India Limited	Consumer Discretionary	0.8%
31	Adani Ports and Special Economic Zone Limited	Services	0.79%
32	Multi Commodity Exchange of India Limited	Financial Services	0.69%
33	8.85% Indostar Capital Finance Ltd. (MD )bond	—	0.69%
34	TD Power Systems Limited	Industrials	0.69%
35	7.45% ICICI Securities Ltd. (MD )bond	—	0.69%
36	7.88% Muthoot Finance Ltd 45-B OpI (MD )bond	—	0.69%
37	6.35% Larsen & Toubro Ltd. (MD )bond	—	0.69%
38	Sona BLW Precision Forgings Limited	Consumer Discretionary	0.67%
39	LG Electronics India Limited	Consumer Discretionary	0.66%
40	Kfin Technologies Limited	Financial Services	0.66%
41	Eicher Motors Limited	Consumer Discretionary	0.65%
42	7.23% Export-Import Bank of India (MD )bond	—	0.64%
43	Net Receivables / (Payables)other	—	0.62%
44	Tata Consultancy Services Limited	Information Technology	0.6%
45	Avenue Supermarts Limited	Consumer Discretionary	0.59%
46	Vedanta Aluminium Metal Limited	Diversified	0.58%
47	Ambuja Cements Limited	Materials	0.58%
48	Divi's Laboratories Limited	Healthcare	0.58%
49	Hindalco Industries Limited	Materials	0.57%
50	Bharat Petroleum Corporation Limited	Energy	0.57%
51	7.83% Small Industries Development Bank of India (MD )bond	—	0.56%
52	7.44% Power Finance Corporation Ltd. (MD )bond	—	0.56%
53	6.9601% Mindspace Business Parks REIT 2028bond	—	0.55%
54	Century Plyboards (India) Limited	Consumer Discretionary	0.55%
55	Onesource Specialty Pharma Limited	Healthcare	0.55%
56	Schaeffler India Limited	Consumer Discretionary	0.53%
57	HDFC Asset Management Company Limited	Financial Services	0.53%
58	Indus Towers Limited	Telecommunication	0.52%
59	Torrent Pharmaceuticals Limited	Healthcare	0.52%
60	Tech Mahindra Limited	Information Technology	0.5%
61	Nestle India Limited	Consumer Staples	0.49%
62	ITC Limited	Consumer Staples	0.49%
63	ABB India Limited	Industrials	0.48%
64	Glenmark Pharmaceuticals Limited	Healthcare	0.47%
65	Dr. Lal Path Labs Ltd.	Healthcare	0.46%
66	Craftsman Automation Limited	Consumer Discretionary	0.45%
67	Vishal Mega Mart Limited	Consumer Discretionary	0.45%
68	Godrej Consumer Products Limited	Consumer Staples	0.45%
69	Sai Life Sciences Limited	Healthcare	0.44%
70	Sun Pharmaceutical Industries Limited	Healthcare	0.44%
71	Varun Beverages Limited	Consumer Staples	0.42%
72	BLACKBUCK LIMITED	Services	0.42%
73	8.65% Muthoot Finance Ltd. (MD )bond	—	0.42%
74	UltraTech Cement Limited	Materials	0.42%
75	Pine Labs Limited	Financial Services	0.42%
76	7.85% Bharti Telecom Ltd. (MD )bond	—	0.41%
77	7.17% Mindspace Business Parks Reit (MD )bond	—	0.41%
78	KUSUMGAR LTD	Consumer Discretionary	0.41%
79	Oil & Natural Gas Corporation Limited	Energy	0.39%
80	NEXUS SELECT TRUST	Real Estate	0.39%
81	7.58% LIC Housing Finance Ltd. (MD )bond	—	0.39%
82	The Indian Hotels Company Limited	Consumer Discretionary	0.37%
83	IndusInd Bank Limited	Financial Services	0.35%
84	Leela Palaces Hotels & Resorts Limited	Consumer Discretionary	0.34%
85	CARE Ratings Limited	Financial Services	0.34%
86	National Bank for Agriculture and Rural Development (MD )bond	—	0.34%
87	Krishna Institute of Medical Sciences Limited	Healthcare	0.33%
88	Eris Lifesciences Limited	Healthcare	0.31%
89	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.3%
90	7.10% Central Government Securitiesbond	—	0.29%
91	7.46% REC Ltd. (MD )bond	—	0.28%
92	Atul Limited	Materials	0.28%
93	Apollo Hospitals Enterprise Limited	Healthcare	0.27%
94	AU Small Finance Bank Limited	Financial Services	0.27%
95	Deepak Nitrite Limited	Materials	0.26%
96	International Gemological Institute Limited	Industrials	0.26%
97	JSW Infrastructure Limited	Services	0.26%
98	Power Finance Corporation Limited	Financial Services	0.26%
99	Interarch Building Solutions Limited	Industrials	0.26%
100	Adani Energy Solutions Limited	Utilities	0.26%
101	GAIL (India) Limited	Utilities	0.26%
102	MphasiS Limited	Information Technology	0.24%
103	Kalyan Jewellers India Limited	Consumer Discretionary	0.24%
104	Grasim Industries Limited	Materials	0.24%
105	The Federal Bank Limited	Financial Services	0.23%
106	Campus Activewear Limited	Consumer Discretionary	0.23%
107	Britannia Industries Limited	Consumer Staples	0.23%
108	Max Healthcare Institute Limited	Healthcare	0.23%
109	Canara Bank	Financial Services	0.22%
110	Bajaj Finserv Limited	Financial Services	0.22%
111	Hindustan Aeronautics Limited	Industrials	0.21%
112	Manappuram Finance Limited	Financial Services	0.2%
113	InterGlobe Aviation Limited	Services	0.19%
114	Petronet LNG Limited	Utilities	0.18%
115	One 97 Communications Limited	Financial Services	0.18%
116	Gujarat Gas Limited	Utilities	0.17%
117	Adani Green Energy Limited	Utilities	0.17%
118	IDFC First Bank Limited	Financial Services	0.17%
119	TURTLEMINT FINTECH SOLUTIONS	Financial Services	0.17%
120	Ashok Leyland Limited	Industrials	0.15%
121	Hindustan Unilever Limited	Consumer Staples	0.15%
122	Bank of Baroda	Financial Services	0.15%
123	Power Grid Corporation of India Limited	Utilities	0.15%
124	Indian Bank (MD )bond	—	0.13%
125	RBL Bank Limited	Financial Services	0.13%
126	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	0.13%
127	Zensar Technologies Limited	Information Technology	0.13%
128	LIC Housing Finance Limited	Financial Services	0.12%
129	Go Digit General Insurance Limited	Financial Services	0.12%
130	Coal India Limited	Energy	0.12%
131	Container Corporation of India Limited	Services	0.11%
132	Tube Investments of India Limited	Consumer Discretionary	0.11%
133	DLF Limited	Real Estate	0.1%
134	Aurobindo Pharma Limited	Healthcare	0.09%
135	6.98% State Government of Maharashtra (MD )bond	—	0.07%
136	Jio Financial Services Limited	Financial Services	0.07%
137	Punjab National Bank	Financial Services	0.06%
138	Pidilite Industries Limited	Materials	0.06%
139	Bharat Heavy Electricals Limited	Industrials	0.05%
140	Hero MotoCorp Limited	Consumer Discretionary	0.05%
141	Suzlon Energy Limited	Industrials	0.05%
142	INDO-MIM LTD	Industrials	0.04%
143	PNB Housing Finance Limited	Financial Services	0.04%
144	UPL Limited	Materials	0.04%
145	United Spirits Limited	Consumer Staples	0.04%
146	BSE Limited	Financial Services	0.04%
147	Dalmia Bharat Limited	Materials	0.04%
148	Motilal Oswal Financial Services Limited	Financial Services	0.04%
149	Tata Power Company Limited	Utilities	0.04%
150	Muthoot Finance Limited	Financial Services	0.04%
151	Computer Age Management Services Limited	Financial Services	0.03%
152	GSPL Transmission Limited	Utilities	0.03%
153	Dabur India Limited	Consumer Staples	0.03%
154	JINDAL STEEL LIMITED	Materials	0.02%
155	FSN E-Commerce Ventures Limited	Consumer Discretionary	0.02%
156	Bank of India	Financial Services	0.02%
157	Union Bank of India	Financial Services	0.02%
158	Zydus Lifesciences Limited	Healthcare	0.02%
159	Asian Paints Limited	Consumer Discretionary	0.02%
160	National Aluminium Company Limited	Materials	0.01%
161	Mankind Pharma Limited	Healthcare	0.01%
162	Hitachi Energy India Limited	Industrials	0%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 4.66% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 4.5% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, State Bank of India is 2.69% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 2.53% of Mirae Asset Multi Asset Allocation Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, Bharti Airtel Limited is 2.29% 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 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.