Mirae Asset Diversified Equity Allocator Passive FoF Direct-Growth

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹24.684+0.59% 1 day change	21.12% p.a.	#NA View Ranked Funds	₹902 Crs

Historical NAV & returns

NAV: ₹24.684 as on Jun 05, 2025

This fund Category average

Mirae Asset Diversified Equity Allocator Passive FoF overview

Expense ratio	0.05% as on May 31, 2025
Exit load	0.05% Exit load of 0.05% if redeemed within 5 days.!
AUM (Fund size)	₹902 Crs
Lock-in	No Lockin
Age	4 yrs 9 m since Sep 08, 2020
Benchmark	NIFTY 200 TRI
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Mirae Asset Diversified Equity Allocator Passive FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	3.78%	5.6%
3 Months	11.44%	12.63%
6 Months	-1.29%	-5.34%
1 Year	7.62%	-0.73%
2 Years	19.82%	23.44%
3 Years	18.16%	19.69%
4 Years	14.64%	15.3%

View returns in detail

Asset allocationas on Apr 30, 2025

Large Cap 80.37588000000001%

Mid Cap 19.044285%

Small Cap 0.5498350000000001%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 99.99048699000001%

Repo 0.02589074%

Other Holdings

Mirae Asset Nifty 50 ETF - Growth 66.05%

Mirae Asset Nifty Midcap 150 ETF - Growth 18.19%

Mirae Asset Nifty Next 50 ETF - Growth 15.75%

Others 0.03%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mirae Asset Diversified Equity Allocator Passive FoF	N.A.	₹902 Crs	4 yrs 9 m	0.05%
Motilal Oswal BSE Enhanced Value Index Fund	N.A.	₹815 Crs	2 yrs 10 m	0.4%
Zerodha Nifty Large Midcap 250 Index Fund	N.A.	₹890 Crs	1 yrs 7 m	0.28%
Kotak Nifty 200 Momentum 30 Index Fund	N.A.	₹351 Crs	2 yrs	0.29%
Motilal Oswal BSE Quality Index Fund	N.A.	₹48 Crs	2 yrs 10 m	0.38%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Diversified Equity Allocator Passive FoF	3.78%	-1.29%	7.62%	18.16%	N.A.	N.A.
Motilal Oswal BSE Enhanced Value Index Fund	5.37%	-1.27%	2.62%	33.43%	18.89%	9.04%
Zerodha Nifty Large Midcap 250 Index Fund	5.89%	-0.42%	9.15%	11.19%	6.57%	3.23%
Kotak Nifty 200 Momentum 30 Index Fund	6.6%	-11.65%	-7.81%	13.55%	7.92%	3.89%
Motilal Oswal BSE Quality Index Fund	6.22%	-0.4%	-0.52%	18.76%	10.86%	5.29%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Diversified Equity Allocator Passive FoF	14.05	1.01	0.8	1.23
Motilal Oswal BSE Enhanced Value Index Fund	N.A.	N.A.	N.A.	N.A.
Zerodha Nifty Large Midcap 250 Index Fund	N.A.	N.A.	N.A.	N.A.
Kotak Nifty 200 Momentum 30 Index Fund	N.A.	N.A.	N.A.	N.A.
Motilal Oswal BSE Quality Index Fund	N.A.	N.A.	N.A.	N.A.

View all Large & Midcap Index funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.79 vs. 1.63 Underperformed at beating benchmark
Sharpe	0.8 vs. 1.87 Poor risk-adjusted returns
Beta	1.01 vs. 0.25 More sensitive to market's ups & downs
Standard deviation	14.05 vs. 3.66 More volatile performance

Compare Mirae Asset Diversified Equity Allocator Passive FoF in detail with

About this fund

About Mirae Asset Diversified Equity Allocator Passive FoF

Mirae Asset Diversified Equity Allocator Passive FoF Direct-Growth is a Large & MidCap Index mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 4 yrs 9 m, having been launched on 08/09/2020. Mirae Asset Diversified Equity Allocator Passive FoF Direct-Growth has ₹902 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Diversified Equity Allocator Passive FoF Direct-Growth as of 05/06/2025 is ₹24.68. The fund has an expense ratio of 0.05%, which is less than what most other Large & Midcap Index funds charge.

Mirae Asset Diversified Equity Allocator Passive FoF Direct-Growth returns of last 1-year are 9.04%. Since launch, it has delivered 21.16% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Mirae Asset Diversified Equity Allocator Passive FoF Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in Mirae Asset Nifty 50 ETF - Growth, Mirae Asset Nifty Midcap 150 ETF - Growth, Mirae Asset Nifty Next 50 ETF - Growth.

...

Fund AUM	₹902 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Bharti Sawant

Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com. Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.

Investment objective

The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs.

Mirae Asset Mutual Fund details

No. of schemes	43 view all schemes
Total AUM	₹1,90,637 Crs as on Mar 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Mirae Asset Midcap Fund	N.A.	₹15,415 Crs	8.72%	31.14%
Mirae Asset ELSS Tax Saver Fund	N.A.	₹24,774 Crs	11.38%	25.55%
Mirae Asset Large & Midcap Fund	N.A.	₹36,507 Crs	8.15%	25.21%
Mirae Asset Great Consumer Fund	N.A.	₹4,117 Crs	6.87%	25.04%
Mirae Asset Healthcare Fund	N.A.	₹2,683 Crs	19.6%	23.64%
Mirae Asset Focused Fund	N.A.	₹7,650 Crs	15.88%	22.27%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Diversified Equity Allocator Passive FoF?

The current Net Asset Value (NAV) of the Mirae Asset Diversified Equity Allocator Passive FoF - Direct Growth plan is approximately ₹24.684 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset Diversified Equity Allocator Passive FoF is a 4 yrs 9 m old fund and has delivered average annual returns of 21.12% since inception.

Mirae Asset Diversified Equity Allocator Passive FoF Returns

1-Year	3-Year	Since Inception
7.62%	18.16%	21.12%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Diversified Equity Allocator Passive FoF - Direct Growth has an expense ratio of 0.05%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Diversified Equity Allocator Passive FoF currently has assets under management (AUM) or fund size valued at approximately ₹902 Crs crore as of Mar 31, 2025.

What is risk level of Mirae Asset Diversified Equity Allocator Passive FoF?

This is a Large & Midcap Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Diversified Equity Allocator Passive FoF?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Diversified Equity Allocator Passive FoF and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset Diversified Equity Allocator Passive FoF is complete.

How can I redeem my investments in Mirae Asset Diversified Equity Allocator Passive FoF?

Redeeming your investments in Mirae Asset Diversified Equity Allocator Passive FoF is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Diversified Equity Allocator Passive FoF from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Large & MidCap Index

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap Index funds in the last 1 Year.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Age: This is the oldest Large & MidCap Index fund.
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Large & MidCap Index funds.
Exit Load: Exit load of 0.05% if redeemed within 5 days.