September 14, 2022
RA Jainee
Mirae Asset Diversified Equity Allocator Passive FOF
NAV Growth : Rs 16.7250
NAV IDCW : Rs 16.7330
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs.
Fund Manager :
1) Bharti Sawant
Education : Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com.
Experience : Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.
Investment Details
| Min. Investment (Rs) : | 5,000 |
| Min. Addl Investment (Rs) : | 1,000 |
| Min. SIP Investment (Rs) : | 1,000 |
| Min. Withdrawal (Rs) : | — |
| Min. No of Cheques : | 5 |
| Min. Balance (Rs) : | — |
| Lock-in Period : | NA |
| Exit Load : | 0.05% for redemption within 5 days |
Basic Details
| Fund House : | Mirae Asset Mutual Fund |
| Launch Date : | 21-Sep-20 |
| Return Since Launch : | 29.69% |
| Benchmark : | NIFTY 200 TRI |
| Riskometer : | Very High |
| Type : | Open-ended |
| Assets : | Rs 369 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio : | 0.15% |
| (As on 31-Jul-2022) | |
| Risk Grade : | — |
| Return Grade : | — |
| Turnover : | — |
Mirae Asset Equity Allocator FoF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Eqt Allocator FoF Dir | 5.22 | 0.81 | 3.11 | 16.78 | 11 | 5.94 | — | — | — | — |
| S&P BSE 100 TRI | 6.6 | 0.7 | 2.79 | 16.27 | 11.01 | 6.79 | — | — | — | — |
| Equity: Large Cap | 5.11 | 0.71 | 3.51 | 17.01 | 10.51 | 5.53 | — | — | — | — |
| Rank within category | 31 | 12 | 38 | 34 | 29 | 17 | — | — | — | — |
| Number of funds in category | 79 | 93 | 91 | 88 | 87 | 75 | 59 | 49 | 48 | 0 |
Mirae Asset Equity Allocator FoF Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Mirae Asset Eqt Allocator FoF Dir | Unrated | 5.94 | — | — | 0.15 | 369 | 29.69 | 0.05 (5) | 1yrs 11mo | — |
| Axis Bluechip Dir | 5 star | -1.95 | 17.18 | 14.52 | 0.52 | 36,980 | 15.74 | 1.00 (365) | 9yrs 8mo | 47.00 |
| Mirae Asset Large Cap Dir | 4 star | 3.68 | 18.89 | 13.17 | 0.51 | 33,747 | 17.19 | 1.00 (365) | 9yrs 8mo | 22.00 |
| ICICI Pru Bluechip Dir | 5 star | 8.92 | 19.76 | 13.25 | 1.05 | 33,739 | 15.32 | 1.00 (365) | 9yrs 8mo | 28.00 |
| UTI Mastershare Dir | 4 star | 2.87 | 20.01 | 13.58 | 1.04 | 10,570 | 14.26 | 1.00 (365) | 9yrs 8mo | 29.00 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,37,581 | 2,84,979 |
| Giant (%) | 63.93 | 62.49 |
| Large (%) | 20.47 | 29.57 |
| Mid (%) | 15.51 | 10.24 |
| Small (%) | 0.08 | 1.92 |
| Tiny (%) | — | — |
Mirae Asset Equity Allocator FoF by Chanakya :
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online :
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