Capitalmind Multi Asset Allocation Fund is a multi asset allocation hybrid fund from Capitalmind Mutual Fund. This page covers the direct plan, growth option, the version with no distributor commission inside its expense ratio. A fund in this category invests in at least three asset classes, typically equity, debt and gold, with at least 10 percent in each.
It manages ₹37 crore of investors' money and charges an expense ratio of 1.05 percent a year, deducted before the NAV is struck. The scheme is managed by Prateek Jain. The riskometer places it at very high risk.
Mutual fund gains are capital gains, taxed when you redeem, and the rate depends on what the scheme holds and how long you held the units. The rules below are those in force after the Finance Act of 2024 for redemptions from 23 July 2024, with the changes of April 2025 for gold, silver and international funds. Rupix is not a tax adviser; confirm the treatment for your own case.
A hybrid scheme is taxed by what it holds. One that keeps at least sixty-five percent in Indian shares, counting arbitrage positions, is taxed as equity: twenty percent on units sold within twelve months, twelve and a half percent on long-term gains above one lakh twenty-five thousand rupees a year. That covers aggressive hybrid, arbitrage and equity savings funds and most balanced advantage funds, which hold arbitrage positions to stay above the line.
One that keeps between thirty-five and sixty-five percent in shares, which is true of some dynamic asset allocation funds and most multi-asset funds, is a non-equity fund: units held more than twenty-four months are long-term at twelve and a half percent, shorter holdings at your slab rate. One with thirty-five percent or less in shares, such as a conservative hybrid fund, is taxed like a debt fund, at your slab rate throughout.
The fund house's factsheet states the scheme's equity exposure; the portfolio split on this page shows the current figure.
Reading the numbers, how to invest in a direct plan, and the terms used on this page
It is a multi asset allocation fund. A fund in this category invests in at least three asset classes, typically equity, debt and gold, with at least 10 percent in each.
The direct plan charges 1.05 percent a year. The charge is taken out of the scheme's assets every day before the NAV is calculated, so every return figure shown is already net of it.
The scheme manages ₹37 crore across all its plans. Size is updated monthly by the fund house.
You can start with a SIP of ₹1,000 a month or a one-time investment of ₹5,000. The fund house may accept smaller top-ups once you hold units. Rupix does not take investments; buy direct from the fund house or through a platform that offers direct plans.
Yes. The scheme's exit load is: Exit load of 1%, if redeemed within 30 days. An exit load is deducted from the redemption amount when you sell within the stated period.
The scheme is managed by Prateek Jain, as disclosed by the fund house. Managers change from time to time; the fund house's factsheet carries the current name.
The fund house's riskometer rates it very high. The riskometer is a SEBI-mandated label based on what the scheme holds; it describes how much the value can swing, not whether the fund will make money.
From the NAV every fund house reports to the Association of Mutual Funds in India after the market closes. The NAV history chart goes back to the scheme's launch. The headline figure is the most recent close Rupix has recorded.