{"id":258431,"date":"2026-09-21T10:17:55","date_gmt":"2026-09-21T04:47:55","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/"},"modified":"2026-09-21T10:17:55","modified_gmt":"2026-09-21T04:47:55","slug":"capitalmind-multi-asset-allocation-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/","title":{"rendered":"Capitalmind Multi Asset Allocation Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/capitalmind-multi-asset-allocation-fund-g-direct-plan\">Capitalmind Multi Asset Allocation Fund Direct Growth Plan<\/a> has a NAV of \u20b99.9481 as of 18 Sep 2026 and an AUM of \u20b939 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and it sits in the High Risk category. Our view is that the fund is still too new for a meaningful long-run track record, so investors should judge it more by its structure, risk profile and early behaviour than by a completed performance history.<\/p>\n<p>The portfolio mixes equities, debt, cash-like exposure and precious metals, which can make it relevant for investors looking for a multi-asset approach within one scheme. The recent return pattern has been weak over both the 1-month and 3-month windows, while the benchmark has also been soft. That tells us the scheme may suit investors who can tolerate near-term swings and are comfortable waiting for a longer history to build.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Capitalmind_Multi_Asset_Allocation\" title=\"Should you BUY or HOLD Capitalmind Multi Asset Allocation?\">Should you BUY or HOLD Capitalmind Multi Asset Allocation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Capitalmind_Multi_Asset_Allocation_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Capitalmind Multi Asset Allocation Fund Direct Growth Plan?\">What is the current NAV of Capitalmind Multi Asset Allocation Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#How_has_the_fund_performed_over_1_year_3_years_and_5_years\" title=\"How has the fund performed over 1 year, 3 years and 5 years?\">How has the fund performed over 1 year, 3 years and 5 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_benchmark\" title=\"How does the fund compare with the benchmark?\">How does the fund compare with the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#What_is_the_risk_category_of_this_fund\" title=\"What is the risk category of this fund?\">What is the risk category of this fund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Which_are_the_key_holdings_in_the_portfolio\" title=\"Which are the key holdings in the portfolio?\">Which are the key holdings in the portfolio?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/capitalmind-multi-asset-allocation-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b99.9481 as of 18 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b939 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>16 Mar 2026<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% on or before 30D, Nil after 30D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Anoop Vijaykumar, Prateek Jain, Divyansh Agnani<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Anoop Vijaykumar, Prateek Jain and Divyansh Agnani.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-1.93%<\/td>\n<td>-3.73%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>-0.86%<\/td>\n<td>-3.14%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>0%<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>0%<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>0%<\/td>\n<td>0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The short-term record is better read in relative terms than in absolute terms. Over 1 month and 3 months, the fund declined, but it held up better than the benchmark in both windows, which suggests that its early positioning has been less weak than the Nifty 50 over the same stretch.<\/p>\n<p>The daily pattern is not a straight line lower; it shows a phase of mild softness, a brief recovery, and then another setback. That kind of movement is consistent with a newly launched multi-asset portfolio that is still settling into its mix of equity, gold, silver, debt and cash-like assets.<\/p>\n<p>Longer-term return figures are not yet meaningful in practice because the scheme has only recently launched. For now, the important point is that there is no established multi-year compounding record to lean on, so the recent drift matters more than a non-existent long history.<\/p>\n<p>Against the benchmark, the fund has been ahead on the available short windows, even though both have been negative. That is a useful sign of relative resilience, but it does not yet substitute for a proper medium- or long-term track record.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Capitalmind_Multi_Asset_Allocation\"><\/span>Should you BUY or HOLD Capitalmind Multi Asset Allocation?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Capitalmind Multi Asset Allocation? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/capitalmind-multi-asset-allocation-fund-g-direct-plan\">Capitalmind Multi Asset Allocation Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>There are no peer return figures available to contrast with this scheme, so the comparison is limited to the fund\u2019s own short-term behaviour. That means the key story remains its early benchmark-relative resilience rather than a broader position versus similar funds. Once a longer live record builds up, the relative view will become more informative.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Capitalmind Liquid Fund &#8211; Direct-Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>6.98%<\/td>\n<\/tr>\n<tr>\n<td>Mirae Asset Gold ETF<\/td>\n<td>Domestic Mutual Funds Units &#8211; Gold<\/td>\n<td>5.8%<\/td>\n<\/tr>\n<tr>\n<td>7.95% Sikka Ports and Terminals Limited (28\/10\/2026) **<\/td>\n<td>Corporate Debt<\/td>\n<td>3.82%<\/td>\n<\/tr>\n<tr>\n<td>364 Days Tbill (MD 25\/12\/2026)<\/td>\n<td>Treasury Bills<\/td>\n<td>3.75%<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Auto Limited<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>3.59%<\/td>\n<\/tr>\n<tr>\n<td>Mirae Asset Silver ETF<\/td>\n<td>Domestic Mutual Funds Units &#8211; Silver<\/td>\n<td>3.38%<\/td>\n<\/tr>\n<tr>\n<td>Nippon India ETF Gold Bees<\/td>\n<td>Domestic Mutual Funds Units &#8211; Gold<\/td>\n<td>3.25%<\/td>\n<\/tr>\n<tr>\n<td>Petronet LNG Limited<\/td>\n<td>Inds. Gases &amp; Fuels<\/td>\n<td>3.22%<\/td>\n<\/tr>\n<tr>\n<td>Glenmark Pharmaceuticals Limited<\/td>\n<td>Healthcare<\/td>\n<td>3.16%<\/td>\n<\/tr>\n<tr>\n<td>Grasim Industries Limited<\/td>\n<td>Diversified<\/td>\n<td>3.06%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest disclosed holding is Capitalmind Liquid Fund &#8211; Direct-Growth at 6.98%, which is sizeable but not dominant. That matters because the gap from the first holding to the tenth is not extreme; the top ten positions range from 6.98% down to 3.06%, so the portfolio may be distributing risk across several blocks rather than relying on one anchor.<\/p>\n<p>The top ten holdings account for approximately 40.01% of the portfolio, and the scheme discloses 35 holdings in total. That combination suggests a reasonably broad tail beyond the top names, even though the first ten still carry meaningful influence. The notable presence of liquid, gold and silver exposures alongside equities and debt also means the portfolio may behave differently from a plain equity fund.<\/p>\n<p>Because the holding list is spread across multiple asset types and only a little over two-fifths sits in the top ten, the scheme could be less dependent on any single line item than a more concentrated portfolio. At the same time, investors should remember that the fund is still young, so the practical effect of this mix will need more time to show up in live results.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/capitalmind-multi-asset-allocation-fund-g-direct-plan\">Capitalmind Multi Asset Allocation Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund is suited to investors who can handle High Risk and who are comfortable with a fresh scheme that does not yet have a long performance history. The early numbers suggest some short-term resilience versus the benchmark, but not enough history to judge consistency over a full market cycle.<\/p>\n<p>It may appeal to investors with a medium-to-long horizon who want a multi-asset structure rather than a pure equity allocation. The main trade-off is that the portfolio can still move around in the near term, while the benefit is diversification across equity, gold, silver, debt and liquid instruments.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> 1% if units are sold on or before 30 days; nil after 30 days.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Capitalmind_Multi_Asset_Allocation_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Capitalmind Multi Asset Allocation Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b99.9481 as of 18 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_over_1_year_3_years_and_5_years\"><\/span>How has the fund performed over 1 year, 3 years and 5 years?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 1-year, 3-year and 5-year returns are 0%, 0% and 0%. The scheme is very new, so these longer periods do not yet reflect a meaningful live track record.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_benchmark\"><\/span>How does the fund compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On the available short windows, the fund has done better than the benchmark even though both have been negative. Over 1 month, the fund returned -1.93% versus -3.73% for the benchmark, and over 3 months it returned -0.86% versus -3.14%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b91,000.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_risk_category_of_this_fund\"><\/span>What is the risk category of this fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is classified as High Risk. That fits a portfolio with mixed exposure across equity, debt and precious metals, where short-term movements can still be uneven.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Which_are_the_key_holdings_in_the_portfolio\"><\/span>Which are the key holdings in the portfolio?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The largest disclosed holding is Capitalmind Liquid Fund &#8211; Direct-Growth at 6.98%, followed by Mirae Asset Gold ETF at 5.8% and 7.95% Sikka Ports and Terminals Limited (28\/10\/2026) ** at 3.82%. The top ten disclosed holdings together account for approximately 40.01% of the portfolio.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This is a new multi-asset fund with no meaningful long-term return record yet, so the recent short-window resilience matters more than the 1-year, 3-year and 5-year figures. It has held up better than the benchmark in the available short periods, but the live history is still too short to call the pattern established. The portfolio\u2019s mix of liquid, gold, silver, debt and equity exposures may make it useful for investors seeking diversification within one scheme, provided they are comfortable with High Risk and with a young fund that is still building its track record.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 21 September 2026 at 10:16 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Capitalmind Multi Asset Allocation Fund Direct Growth Plan\",\"identifier\":\"capitalmind-multi-asset-allocation-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"16 Mar 2026\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":9.9481,\"valueReference\":\"as of 18 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"39 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.0\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Anoop Vijaykumar, Prateek Jain, Divyansh Agnani\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Capitalmind Multi Asset Allocation Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b99.9481 as of 18 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed over 1 year, 3 years and 5 years?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year, 3-year and 5-year returns are 0%, 0% and 0%. The scheme is very new, so these longer periods do not yet reflect a meaningful live track record.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the available short windows, the fund has done better than the benchmark even though both have been negative. Over 1 month, the fund returned -1.93% versus -3.73% for the benchmark, and over 3 months it returned -0.86% versus -3.14%.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b91,000.\"}},{\"@type\":\"Question\",\"name\":\"What is the risk category of this fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is classified as High Risk. That fits a portfolio with mixed exposure across equity, debt and precious metals, where short-term movements can still be uneven.\"}},{\"@type\":\"Question\",\"name\":\"Which are the key holdings in the portfolio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The largest disclosed holding is Capitalmind Liquid Fund - Direct-Growth at 6.98%, followed by Mirae Asset Gold ETF at 5.8% and 7.95% Sikka Ports and Terminals Limited (28\/10\/2026) ** at 3.82%. The top ten disclosed holdings together account for approximately 40.01% of the portfolio.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capitalmind Multi Asset Allocation Fund Direct Growth Plan has a NAV of \u20b99.9481 as of 18 Sep 2026, an AUM of \u20b939 Cr and a High Risk profile. The fund\u2019s short-term returns have been weaker in absolute terms but better than the benchmark.<\/p>\n","protected":false},"author":38,"featured_media":258430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-258431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["258430"],"rank_math_title":["Capitalmind Multi Asset Allocation Fund Review"],"rank_math_description":["Capitalmind Multi Asset Allocation Fund Direct Growth Plan NAV is \u20b99.9481; 1M return is -1.93%. Review, portfolio and risk outlook."],"rank_math_focus_keyword":["Capitalmind Multi Asset Allocation Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Capitalmind_Multi_Asset_Allocation_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/258431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=258431"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/258431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/258430"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=258431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=258431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=258431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}