Mirae Asset Equity Allocator Fund of Fund Regular Growth
HybridFund of FundsVery High Risk
Regular
NAV (20-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹865 Cr
Expense Ratio
0.26%
ISIN
INF769K01GB5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
21 Sep 2020
About this fund
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹23.86, Assets Under Management (AUM) of 865.08 Crores, and an expense ratio of 0.26%.
- Mirae Asset Equity Allocator Fund of Fund Regular Growth has given a CAGR return of 22.72% since inception.
- The fund's asset allocation comprises around 99.90% in equities, 0.00% in debts, and 0.10% in cash & cash equivalents.
- You can start investing in Mirae Asset Equity Allocator Fund of Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+18.72%
— (Cat Avg.)
3 Years
+16.28%
— (Cat Avg.)
Since Inception
+22.72%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹864.19 Cr | 99.90% |
| Others | ₹0.89 Cr | 0.10% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Mirae Asset Nifty 50 ETF | Mutual Fund - ETF | ₹534.91 Cr | 62.69% |
| Mirae Asset Nifty Midcap 150 ETF | Mutual Fund - ETF | ₹182.59 Cr | 21.40% |
| Mirae Asset Nifty Next50 ETF | Mutual Fund - ETF | ₹134.18 Cr | 15.73% |
| Treps | Cash - Repurchase Agreement | ₹2.56 Cr | 0.30% |
| Net Receivables / (Payables) | Cash | ₹-1.02 Cr | 0.12% |
Allocation By Market Cap (Equity)
Large Cap Stocks
76.92%
Mid Cap Stocks
22.16%
Small Cap Stocks
0.87%
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Mutual Fund - ETF | ₹851.67 Cr | 99.82% |
| Cash - Repurchase Agreement | ₹2.56 Cr | 0.30% |
| Cash | ₹-1.02 Cr | 0.12% |
Risk & Performance Ratios
Standard Deviation
This fund
13.25%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.72
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Bharti Sawant
Since September 2020
Additional Scheme Detailsas of 30th November 2024
ISIN INF769K01GB5 | Expense Ratio 0.26% | Exit Load No Charges | Fund Size ₹865 Cr | Age 4 years 3 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 200 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Fund of Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Quantum Nifty 50 ETF Fund of Fund Direct Growth Very High Risk | 0.1% | 0.0% | ₹29.59 Cr | 12.6% |
| Quantum Nifty 50 ETF Fund of Fund Regular Growth Very High Risk | 0.2% | 0.0% | ₹29.59 Cr | 12.5% |
| Aditya Birla Sun Life Multi- Index Fund of Funds Direct Growth High Risk | 0.6% | 0.0% | ₹17.95 Cr | 22.3% |
| Aditya Birla Sun Life Multi- Index Fund of Funds Regular Growth High Risk | 0.9% | 0.0% | ₹17.95 Cr | 21.9% |
| Axis Equity ETFs FoF Regular Growth Very High Risk | 0.7% | 1.0% | ₹24.76 Cr | 15.2% |
| Axis Equity ETFs FoF Direct Growth Very High Risk | 0.1% | 1.0% | ₹24.76 Cr | - |
| ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Regular Growth Very High Risk | 0.9% | 0.0% | ₹1370.65 Cr | 15.9% |
| ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct Growth Very High Risk | 0.6% | 0.0% | ₹1370.65 Cr | 16.2% |
| Quantum Multi Asset Fund of Funds Direct Growth High Risk | 0.1% | 1.0% | ₹59.91 Cr | 13.4% |
| ICICI Prudential Asset Allocator Fund (FOF) Regular Growth High Risk | 1.9% | 1.0% | ₹23352.87 Cr | 14.9% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,92,407 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Bharti Sawant
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