Mirae Asset Equity Allocator FoF Regular - Growth
(Scheme Rating)
NAV as of Jan 27, 2025
22.47-1.65%
- Growth - Regular
(Earn upto 0.06% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.12%(0.86% Category
average)Fund Size:
Rs. 863.79 Cr(0.16% of Investment in Category)
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Mirae Asset Equity Allocator FoF Regular - Growth
(Scheme Rating)
NAV as of Jan 27, 2025
22.47-1.65%
Expense Ratio:
0.12%
Fund Size:
Rs. 863.79 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Mirae Asset Equity Allocator FoF - Regular Plan as of Jan 27, 2025 is Rs 22.47 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 10.25% (1yr), 13.58% (3yr) and 20.94% (since launch). Whereas, Category returns for the same time duration are: 10.327418431640579% (1yr), 13.008034438447702% (3yr) and 15.167628703755673% (5yr).
3. Fund Size: The Mirae Asset Equity Allocator FoF - Regular Plan currently holds Assets under Management worth of Rs 863.7854 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.12% for Regular plan as on Dec 31, 2024.
5. Exit Load: Mirae Asset Equity Allocator FoF - Regular Plan shall attract an Exit Load, "Exit load of 0.05% if redeemed within 5 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
Mirae Asset Equity Allocator FoF Regular - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -6.34 -6.86 -9.76 8.59 13.10 - Category Avg -5.61 -6.84 -9.77 8.86 12.48 15.02 Rank within Category 114 108 98 57 39 - No. of funds within Category 150 150 146 138 114 95 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 200 Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Mirae Asset Equity Allocator FoF Regular - Growth Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | Sep 21, 2020 |
| Benchmark | NIFTY 200 Total Return Index |
| Return Since Launch | 20.44% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Below Average |
| Return Grade | Average |
Mirae Asset Equity Allocator FoF Regular - Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 99.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 0.05% if redeemed within 5 days. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 3 | 3 | 3 | 3 | 3 | 3 |
| Top 5 Company Holdings | 99.98% | 99.96% | 99.82% | 99.96% | 100.01% | 100.05% |
| Top 10 Company Holdings | 99.98% | 99.96% | 99.82% | 99.96% | 100.01% | 100.05% |
| Company with Highest Exposure | Mirae Asset Nifty 50 ETF-G (61.12%) | Mirae Asset Nifty 50 ETF-G (61.99%) | Mirae Asset Nifty 50 ETF-G (62.69%) | Mirae Asset Nifty 50 ETF-G (63.17%) | Mirae Asset Nifty 50 ETF-G (64.01%) | Mirae Asset Nifty 50 ETF-G (64.49%) |
| Number of Sectors | 17 | 17 | 17 | 17 | 17 | 17 |
| Top 3 Sector Holdings | 47.65% | 47.88% | 47.59% | 47.21% | 47.73% | 48.0% |
| Top 5 Sector Holdings | 62.04% | 62.42% | 62.41% | 62.81% | 63.24% | 63.47% |
| Sector with Highest Exposure | Financial (26.76%) | Financial (26.78%) | Financial (26.68%) | Financial (25.84%) | Financial (25.51%) | Financial (25.84%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Mirae Asset Nifty 50 ETF-G Unclassified 63.17 - - - Mirae Asset Nifty Midcap 150 ETF-G Unclassified 20.6 - - - Mirae Asset Nifty Next 50 ETF-G Unclassified 16.19 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Equity Allocator FoF Regular - Growth 22.47 863.79 -6.34 8.59 13.10 - JM Large Cap Fund-Growth 141.61 480.41 -8.32 4.60 13.52 15.72 Nippon India Large Cap Fund-Growth 80.98 35,699.99 -6.53 11.19 17.73 17.70 ICICI Prudential Bluechip Fund-Growth 99.61 63,264.30 -4.60 10.90 15.15 17.40 Quant Focused Fund-Growth 80.68 1,075.42 -4.66 4.44 15.76 19.60
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
13.35VS13.80Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Moderate Volatility
1.01VS1.01Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.64VS0.57Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
8.50VS7.92Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
0.49VS0.01Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
14.56VS14.04Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Mirae Asset Mutual Fund News
Fund Manager
- B.S.Bharti SawantSince Sep 20201 schemes
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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Equity Savings Fund Regular - Growth Equity Savings 18.88 1,360.61 8.85
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund Regular- Growth | 38,751.62 | -4.00 | -5.46 | -5.26 | 9.78 | 10.17 | |
| Mirae Asset Large & Midcap Fund Regular-Growth | 38,335.26 | -6.35 | -6.93 | -8.31 | 8.67 | 12.17 | |
| Mirae Asset ELSS Tax Saver Fund Regular-Growth | 25,021.22 | -5.75 | -5.90 | -6.18 | 11.03 | 12.91 | |
| Mirae Asset Midcap Fund Regular - Growth | 16,693.99 | -7.60 | -7.58 | -9.31 | 9.35 | 16.56 | |
| Mirae Asset Liquid Fund - Growth | 11,206.34 | 0.62 | 1.74 | 3.53 | 7.33 | 6.47 | |
| Mirae Asset Aggressive Hybrid Fund Regular-Growth | 8,893.40 | -3.53 | -4.93 | -3.96 | 10.17 | 10.66 | |
| Mirae Asset Focused Fund Regular - Growth | 8,191.70 | -7.12 | -6.97 | -2.50 | 9.11 | 6.91 | |
| Mirae Asset Great Consumer Fund Regular-Growth | 4,152.25 | -5.20 | -9.13 | -7.60 | 11.11 | 17.56 | |
| Mirae Asset Nifty 50 ETF - Growth | 3,964.25 | -2.59 | -5.15 | -4.99 | 8.86 | 11.68 | |
| Mirae Asset Multicap Fund Regular - Growth | 3,458.82 | -6.64 | -6.82 | -7.22 | 9.03 | - |
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1. Mirae Asset Equity Allocator FoF - Regular Plan is Open-ended Large Cap Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Sep 21, 2020.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. "
2. It is benchmarked against NIFTY 200 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.975702% in equities, 0.0% in debts and 0.02429707% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 99.96000000000001% of the assets, the top 3 sectors constitute around 47.650000000000006% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Equity Allocator FoF Regular - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Mirae Asset Equity Allocator FoF Regular - Growth
- Is it safe to invest in Mirae Asset Equity Allocator FoF - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Equity Allocator FoF - Regular Plan comes under Very High risk category.
- What is the category of Mirae Asset Equity Allocator FoF - Regular Plan?Mirae Asset Equity Allocator FoF - Regular Plan belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Mirae Asset Equity Allocator FoF - Regular Plan?The suggested investment horizon of investing into Mirae Asset Equity Allocator FoF - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Equity Allocator FoF - Regular Plan?The Mirae Asset Equity Allocator FoF - Regular Plan is managed by Bharti Sawant (Since Sep 08, 2020).
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