NAV as on 27-03-2025
₹ 23.15
1D
Inception Returns
20.3%
/yr
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.
Mirae Asset Equity Allocator Fund of Fund Direct Growth has given a CAGR return of 20.30% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.00% and 14.01% respectively.
Mirae Asset Equity Allocator Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Industrial, Energy, Basic Materials, Consumer Defensive, Health, Utilities, Communication, Real Estate.
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Equity Allocator Fund of Fund Direct Growth has no lock in period.
Expense ratio | 0.2% |
Benchmark | IISL Nifty 200 TR INR |
AUM | ₹805 Cr |
Inception Date | 21 September, 2020 |
Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 0.1% |
Lock In | No Lock-in |
TurnOver | 8.08% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (27-Mar-25)
as on (31-Dec-69)
Top 3 Sectors in February were Financial Services, Tech & Consumer Cyclical
More funds from AMC
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth
3Y CAGR
▲ 18.66
Mirae Asset Aggressive Hybrid Fund -Direct Plan-Growth
5Y CAGR
▲ 21.20
Mirae Asset Equity Savings Fund Direct Growth
5Y CAGR
▲ 15.84
Mirae Asset Arbitrage Fund Direct Growth
3Y CAGR
▲ 7.27
Mirae Asset Balanced Advantage Fund Direct Growth
1Y CAGR
▲ 10.39
Mirae Asset Equity Allocator Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.98% | 3.99% |
6 Month Returns | -12.64% | -12.64% |
1 Year Returns | 7% | 7% |
3 Years Returns | 48.18% | 14.01% |
5 Years Returns | 0% | 0% |