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  • Mutual Funds
  • Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW)
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Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW)

FoFs Domestic
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  • NAV

    24.09(0.45%)

  • Fund Size (CR)

    ₹865.08

  • Expense Ratio

    0.05

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹99

  • Minimum Withdrawal

    ₹0

  • Exit Load Nil

    0.05%

  • Return Since Launch

    22.67%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -7.72%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Bharti Sawant

Bench Mark

Nifty 200 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 December 20249945.62-0.54%--0.07%286/331
1 Month29 November 20249834.98-1.65%--0.55%260/331
3 Month30 September 20249182.83-8.17%--2.18%275/318
6 Month28 June 20249887.33-1.13%-3.26%248/306
1 Year29 December 202311479.0914.79%14.79%15.94%158/286
3 Year30 December 202115208.5352.09%15.00%12.39%74/218
5 Year--0%-12.89%-/-
Since Inception21 September 202023958.00139.58%22.67%10.79%8/331

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 January 20241,30,000133724.832.87% 2.87%
3 Year3 January 20223,70,000483878.7930.78% 9.36%
5 Year1 October 20205,20,000756015.6945.39% 7.77%
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.83%

Standard Deviation

0.98%

Beta

0.67%

Sharpe Ratio

0.08%

Treynor's Ratio

0.07%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
TREPS0.27%-2.31Reverse RepoDebt Others
Net CA & Others-0.23%--1.97Net CA & OthersDebt Others
Mirae Ass.Nif.5061.99%20810556536.25Indian Mutual FundsMutual Fund Units
Mirae ANM 15022.00%89876775190.36Indian Mutual FundsMutual Fund Units
Mirae Next50 ETF15.97%1919438138.14Indian Mutual FundsMutual Fund Units

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW)
865.08-1.65%-8.17%-1.13%14.79%15.00%
Mirae Asset NYSE FANG+ ETF Fund of Fund - Dir (G)
1694.3722.69%44.09%44.80%87.18%34.69%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G)
643.393.04%24.96%26.63%55.43%20.78%
Mirae Asset Hang Seng TECH ETF Fund of Fund - Dir (G)
82.171.48%3.86%35.20%34.89%2.65%
Tata Nifty India Digital ETF Fund of Fund-Dir (G)
97.912.18%2.43%16.26%32.28%-
Tata Nifty India Digital ETF Fund of Fund-Dir (IDCW)
97.912.18%2.43%16.26%32.28%-

News

  • Mirae Asset Mutual Fund announces change in Key Personnel

    Mirae Asset Mutual Fund has announced that Ms. Rimmi Jain has been appointed as a Head ' Compliance on the Board of Mirae Asset Company Ltd. With effect from 01 January 2025

    Details of Ms. Rimmi Jain,

    Age: 37 years

    Designation: Head ' Compliance,

    Qualification: Bachelor of Commerce, ACS and LLB

    Powered by Capital Market - Live News

  • Mirae Asset Small Cap Fund announces Extension of NFO period

    Mirae Asset Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

    Change in New Fund Offer period of 'Mirae Asset Small Cap Fund'

    Existing Dates Revised Dates
    NFO Start Date Thursday, January 09, 2025 Friday, January 10, 2025
    NFO Closure Date Thursday, January 23, 2025 Friday, January 24, 2025
    Scheme re-opens for continuous Sale and Repurchase on: Friday, January 31, 2025 Monday, February 03, 2025

    Powered by Capital Market - Live News

  • Mirae Asset Mutual Fund announces change in Exit Load Structure

    Mirae Asset Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 October 2024

    Change in Exit Load:

    Name of the Scheme Existing Load Structure Revised Load Structure
    ' Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund
    ' Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund
    ' Mirae Asset Nifty India Manufacturing ETF Fund of Fund
    ' Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund
    		 ' if redeemed within 3 months from the date of allotment: 0.05%,
    ' if redeemed after 3 months from date of allotment: Nil     		' if redeemed or switched out within 15 days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 15 days from date of allotment: Nil
    ' Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund ' if redeemed or switched out within 5 calendar days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 5 days from date of allotment: Nil     		' if redeemed or switched out within 15 days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 15 days from date of allotment: Nil

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

8 September 2020

Total AUM (Cr)

₹865.08

Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) is an FoFs Domestic-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 8 September 2020, this fund is managed by Bharti Sawant. With assets under management (AUM) worth ₹865.08 (Cr), as of 1 January 2025, Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) is categorized as a FoFs Domestic within its segment. The fund has generated a return of 22.67% since its launch.
The current NAV of Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) is ₹24.09, as on 1 January 2025. The fund's benchmark index is Nifty 200 TRI. You can invest in Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 15.00% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 0.27% in Debt and 99.73% in cash and cash equivalents.

FAQs

How to Invest in Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) Direct Growth?

Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) is a popular fund in the FoFs Domestic segment. The fund has generated a return of 22.67% since inception. Looking to invest in Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) today and reap the benefits of this FoFs Domestic fund!

How much returns has Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) has generated annualised return of 14.79%. In the long-term, the fund has generated 15.00% and - in 3 and 5 years respectively. Since its inception, the fund has generated 22.67% returns.

What is the expense ratio of Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) Direct Growth?

The expense ratio of Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) Direct Growth is 0.05%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) is ₹865.08 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) Direct Growth?

Redeeming or selling units of Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Mirae Asset Equity AllocatorFund of Fund-Dir(IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.