Mirae Asset Equity Allocator Fund of Fund Direct Growth

Mirae Asset Equity Allocator Fund of Fund Direct Growth

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Hybrid
Direct
Fund Of Funds
NAV: ₹ 21.81 as on 19-04-2024
Fund Performance
zero opening, trading, fund transfer fee
257 people have invested ₹ 2Cr in Mirae Asset Equity Allocator Fund of Fund Direct Growth in the last three months

About the Mirae Asset Equity Allocator Fund of Fund Direct Growth

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 ₹678 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.

Mirae Asset Equity Allocator Fund of Fund Direct Growth Overview

Expense ratio
Expense ratio
0.04%
Benchmark
Benchmark
IISL Nifty 200 TR INR
AUM
AUM
₹678 Cr
Inception Date
Inception Date
21 September, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.05%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
8.71%

Mirae Asset Equity Allocator Fund of Fund Direct Growth Distribution as on (31-Dec-69)

  • Equity 100%

  • Debt & Cash 0%

Size breakup

Large cap
82.9%
Mid cap
16.1%
Small cap
0.9%
Sector Allocation

Mar'24

Feb'24

Jan'24

Financial Services
29.1%
Tech
11.3%
Energy
10.5%
Consumer Cyclical
10.1%
Industrial
9%
Basic Materials
8.5%
Consumer Defensive
8%
Health
5.2%
Utilities
4.3%
Communication
2.8%
Real Estate
1.1%

Top Holdings of Mirae Asset Equity Allocator Fund of Fund Direct Growth as on (31-Mar-24)

  • Equity

Equity Holdings3

Mirae Asset Equity Allocator Fund of Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 678.5 Cr
₹ 666 Cr
₹ 639 Cr
  • AUM of the fund stands at 678.5 Cr as of Mar'24
  • AUM increased by 12.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Mirae Asset Equity Allocator Fund of Fund Direct Growth Fund Manager

Bharti Sawant
Bharti Sawant
Fund Manager of Mirae Asset Equity Allocator Fund of Fund Direct Growth, since 21 September 2020

Mirae Asset Equity Allocator Fund of Fund Direct Growth Highlights

Risk meter
pointer

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 24.36% since inception which is more than its category average return of 10.97%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.99% in Equity, 0% in Debt and 0.01% in Cash related instruments
AUM size ₹678 Cr

AUM size ₹678 Cr

This fund has AUM of ₹678 Cr which is more than its category average of ₹ 657 Cr
Expense Ratio 0.04%

Expense Ratio 0.04%

This fund has an expense ratio of 0.04% which is less than its category average expense ratio of 0.81%

Frequently Asked Questions

The current NAV of Mirae Asset Equity Allocator Fund of Fund Direct Growth is ₹21.81 as on 19-Apr-2024.
Existing (Absolute + CAGR) as on 19-Apr-2024.
Mirae Asset Equity Allocator Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.12%
3.12%
6 Month Returns
17.27%
17.27%
1 Year Returns
35.57%
35.57%
3 Years Returns
69.16%
19.15%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.04% as on March 2024
₹678 Cr as on March 2024
Financial Services(29.05%), Tech(11.29%), Energy(10.54%) as on March 2024
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%