Mirae Asset Equity Allocator Fund of Fund Direct Growth
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Mirae Asset Equity Allocator Fund of Fund Direct Growth

Compare
Hybrid
Direct
Fund Of Funds

NAV: ₹ 17.1 as on 06-12-2022

Fund Performance
zero opening, trading, fund transfer fee
86 people have invested ₹ 10.5L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
2.9%
4.6%
14.2%
10.1%
Benchmark
-
-
-
-
About the Fund

Mirae Asset Equity Allocator Fund of Fund Direct Growth is a hybrid fund. This fund was started on  21 September, 2020. The fund is managed by Bharti Sawant. This fund gives you the benefit of diversification.

Key parameters

1) Mirae Asset Equity Allocator Fund of Fund Direct Growth has a NAV of 17.092 as on 06-12-2022.

2) Mirae Asset Equity Allocator Fund of Fund Direct Growth has 399 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.36 %.

Fund Overview

Expense ratio
Expense ratio
0.36%
Benchmark
Benchmark
IISL Nifty 200 TR INR
AUM
AUM
₹399 Cr
Inception Date
Inception Date
21 September, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.05%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
24.64%

Fund Distribution

  • Equity 99%
  • Debt & Cash 1%
Size breakup
Large cap
81.8%
Mid cap
16.6%
Small cap
0.5%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

31.8%

Tech

11.5%

Energy

10.7%

Basic Materials

9.3%

Consumer Cyclical

9.2%

Consumer Defensive

9%

Industrial

6.5%

Health

5%

Utilities

3.4%

Communication

3%

Real Estate

0.7%

Top Holdings

  • All
  • Equity
Total Holdings3
Equity Holdings3

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 26.9 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 399.5 Cr
Sep'22
₹ 372.6 Cr
Aug'22
₹ 369 Cr

Fund Returns vs Benchmark

Oct'22
9.62%
6.76%
Sep'22
-3.40%
-1.46%
Aug'22
4.53%
2.61%
Fund Return
Benchmark Return

Fund Manager

Bharti Sawant

Bharti Sawant

Managing this fund since 21 September 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Equity Savings Fund Direct Growth
12.66%
9.09%
Mirae Asset Equity Allocator Fund of Fund Direct Growth
0%
--

AMC details

Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 27.5% since inception which is more than its category average return of 9%
Fund Allocations

Fund Allocations

This fund has an allocation of 99% in Equity, 0% in Debt and 1% in Cash related instruments
AUM size ₹399 Cr

AUM size ₹399 Cr

This fund has AUM of ₹399 Cr which is less than its category average of ₹ 510 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.8%

Frequently Asked Questions

The current NAV of Mirae Asset Equity Allocator Fund of Fund Direct Growth is 17.09.
Existing (Absolute + CAGR)
Mirae Asset Equity Allocator Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.88%
2.88%
6 Month Returns
14.22%
14.22%
1 Year Returns
10.06%
10.06%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.36 as on November 2022
399 Cr as on November 2022
Bharti Sawant is the fund manager of Mirae Asset Equity Allocator Fund of Fund Direct Growth
The Exit load of Mirae Asset Equity Allocator Fund of Fund Direct Growth is 0.05%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.