MML Growth Allocation Fund
Data updated: 2026-08-27
C000051438 — MML Growth Allocation Fund. United States Multi-Cap / All-Cap Blend / Core Equity · $882.94M AUM. Holdings, fees, performance and SEC filings.
C000051438 Fund Overview
MML Growth Allocation Fund is a US mutual fund managed by MML Series Investment Fund, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: MML Series Investment Fund
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $882.94M
- 1-year return: 11.8%
- SEC CIK: 0000067160
- SEC series ID: S000018542
- Share class ID: C000051438
C000051438 Investment Objective and Strategy
MML Growth Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by MML Series Investment Fund.
Investment objective
The Fund seeks to achieve as high a total return over time as is considered consistent with prudent investment risk, preservation of capital, and recognition of the Funds stated asset allocation.
Principal investment strategy
Principal Investment Strategies The Fund is a fund of funds that seeks to achieve its investment objective by investing in a combination of U.S. domestic and international mutual funds (MML VIP Underlying Funds) using an asset allocation strategy. The Fund is advised by ? MML Investment Advisers, LLC (MML Advisers). MML VIP Underlying Funds will include a combination of series of the ?MML Series Investment Fund and MML Series Investment Fund II advised by MML Advisers, and may also include other, non-affiliated mutual funds. MML VIP Underlying Funds may invest in various asset classes, including equity securities, fixed income securities, and money market instruments. The Fund has an asset allocation strategy that emphasizes the potential for growth (relative to the other ?MML VIP Allocation Funds), with approximately 70% to 80% of its assets invested in equity funds and approximately 20% to 30% invested in fixed income funds, including money market funds.
The Fund will normally invest most of its assets in ?MML VIP Underlying Funds advised by ?MML Advisers; the Fund will normally invest no more than 10% of its assets in mutual funds not advised by MML Advisers (referred to here as non-affiliated funds). MML Advisers will select MML VIP Underlying Funds from among mutual funds advised by it even though they may have higher expense ratios or less favorable historical performance than non-affiliated funds and ?MML Advisers will have no obligation to select the least expensive or best performing funds available to serve as MML VIP Underlying Funds. These conflicts of interest may result in a portfolio of ?MML VIP Underlying Funds that achieves a level of performance, or incurs higher fees, less favorable to the Fund than if ?MML Advisers did not consider such factors or was not subject to such conflicts of interest.
There may be circumstances where MML Advisers possession of non-public information regarding an MML VIP Underlying Fund will limit the ability of the Fund to buy or sell shares in that ?MML VIP Underlying Fund when it might otherwise do so, which might adversely affect the investment performance of the Fund. The table below shows the Funds expected approximate allocation, as of April 27 , 2026, among various asset classes and ?MML VIP Underlying Funds. ?MML Advisers does not intend to trade actively among MML VIP Underlying Funds or to attempt to capture short-term market opportunities as primary activities. ?MML Advisers in its absolute discretion may modify the asset allocation strategy or the selection of MML VIP Underlying Funds at any time and from time to time, and may invest the Funds assets in additional or different ?MML VIP Underlying Funds, including Funds that may be created in the future.
At any given time, the Funds allocations to ?MML VIP Underlying Funds may be affected by a variety of factors (such as, for example, whether an ?MML VIP Underlying Fund is accepting additional investments). Information regarding the Funds actual allocations to ?MML VIP Underlying Funds is available in the Funds financial statements and at ? https://www. massmutual.com/product-performance/variable -insurance-funds ?from time to time. A brief description of the MML VIP Underlying Funds is included in Appendix ?E of the Statement of Additional Information (SAI). Equity Funds 75.00% U.S. Large Cap Equity Funds MML Focused Equity Fund 8.70% MML Income & Growth Fund 2.68% MML VIP Invesco Main Street Equity Fund 4.46% MML VIP JPMorgan U.S. Research Enhanced Equity Fund 6.69% MML VIP Loomis Sayles Large Cap Growth Fund 5.80% MML VIP T.
Rowe Price Blue Chip Growth Fund 7.59% MML VIP T. Rowe Price Equity Income Fund 8.70% U.S. Mid Cap Equity Funds MML Small/Mid Cap Value Fund 1.08% MML VIP American Century Mid Cap Value Fund 3.42% MML VIP T. Rowe Price Mid Cap Growth Fund 4.50% U.S. Small Cap Equity Funds MML VIP American Century Small Company Value Fund 1.95% MML VIP Wellington Small Cap Growth Equity Fund 1.05% Global Developed Funds MML VIP Invesco Global Fund 3.75% International Developed Funds MML Foreign Fund 3.28% MML VIP MFS International Equity Fund 9.84% Emerging Markets Funds Fidelity VIP Emerging Markets Portfolio 1.50% Fixed Income Funds 25.00% Global Bond Funds Invesco Global Strategic Income Fund 0.88% High Yield Bond Funds MML Barings High Yield Fund 0.13% Inflation Managed Funds MML VIP Barings Inflation-Protected and Income Fund 1.00% U.S.
Long-Term Bond Funds PIMCO Long-Term U.S. Government Portfolio 0.88% U.S. Core/Core Plus Bond Funds MML VIP Barings Core Bond Fund 10.44% MML VIP Fidelity Institutional AM Core Plus Bond Fund 9.44% U.S. Short-Term Bond Funds MML VIP Barings Short-Duration Bond Fund 2.25% Note: Above allocations may not sum up to 100% due to rounding. Through its investments in ?MML VIP Underlying Funds, the Fund will be exposed to a wide range of securities and other instruments with differing characteristics (such as credit quality, duration, geography, industry, and market capitalization), which may include without limitation equity securities of small-, mid-, or large-capitalization ?U.S. or non-U.S. issuers (including issuers that may only recently have become public companies), fixed income securities of U.S.
or non-U.S. private or governmental issuers (including junk or high yield bonds, including securities in default), inflation-protected securities, bank loans, and short-term investments of any kind. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stock, real estate investment trusts (REITs), rights, and warrants. An MML VIP Underlying Fund may engage in foreign currency exchange transactions, including forward contracts, options on currency, futures contracts, and swap contracts, to take long or short positions in foreign currencies in order to enhance its investment return, or to attempt to protect against adverse changes in currency exchange rates. An ?MML VIP Underlying Fund may be permitted to use a wide variety of additional exchange-traded and over-the-counter derivatives, including options, futures contracts, swap contracts (including interest rate swaps, total return swaps, and credit default swaps), and hybrid instruments.
An ?MML VIP Underlying Fund may typically use these derivatives for hedging purposes, as a substitute for direct investments, to earn additional income, to gain exposure to securities or markets in which it might not be able to invest directly, or to adjust various portfolio characteristics, including the duration (interest rate volatility) of the Funds portfolio of debt securities. Use of derivatives by an ?MML VIP Underlying Fund may create investment leverage. An ?MML VIP Underlying Fund may enter into repurchase agreement transactions. An ?MML VIP Underlying Fund may invest in mortgage-backed or other asset-backed securities. An ?MML VIP Underlying Fund may enter into dollar roll or reverse repurchase agreement transactions. Some investments by an ?MML VIP Underlying Fund may be restricted as to resale or otherwise considered to be illiquid.
An ?MML VIP Underlying Fund may engage in active and frequent trading and so could have a relatively high portfolio turnover rate. The Fund will bear a pro rata share of the ?MML VIP Underlying Funds expenses. The Fund also bears all of the risks associated with the investment strategies used by the ?MML VIP Underlying Funds.
C000051438 Holdings
Top 10 holdings of MML Growth Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Mml Managed Volatility Fund | 11.87% |
| Mml International Equity Fund | 10.22% |
| Mml Managed Bond Fund | 9.93% |
| Mml Total Return Bond Fund | 9.11% |
| Mml Blue Chip Growth Fd | 7.95% |
| Mml Equity Income Fd | 5.63% |
| Mml Large Cap Growth Fd | 5.45% |
| Mml Focused Equity Fund | 5.40% |
| Mml Fundamental Growth Fund | 4.70% |
| Mml Global Fd | 3.88% |
C000051438 Portfolio Allocation
Asset-class allocation of MML Growth Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.1% |
C000051438 Performance
Total returns for C000051438 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.4% |
| 1 year | 11.8% |
| 3 years (annualised) | 11.8% |
| 5 years (annualised) | 6.1% |
C000051438 Risk Information
Risk metrics for C000051438, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.1%
C000051438 Costs and Fees
C000051438 costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 0.90%
- Portfolio turnover: 26%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000051438 Cashflows
Over the 12 months to 2026-06, MML Growth Allocation Fund had net outflows of $64.22M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$12.11M |
| 2026-05 | −$6.91M |
| 2026-04 | −$7.74M |
| 2026-03 | −$9.73M |
| 2026-02 | −$8.12M |
| 2026-01 | −$11.32M |
C000051438 Debt Constituents
No individual debt constituents are reported in MML Growth Allocation Fund's latest SEC N-PORT filing.
C000051438 Prospectus and SEC Filings
Official MML Growth Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-23
- Prospectus (485BPOS) — filed 2025-04-24
- Prospectus (485BPOS) — filed 2024-04-30
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-12
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.