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Fund of Funds (Domestic)📊 NIFTY 50 TRI(SEBI default)

Mirae Asset Diversified Equity Allocator Passive FoF · Regular · Growth

Mirae Asset Mutual Fund

#103 of 115 (1Y)

NAV

₹23.8200

as of 29 Sept 2026

Expense Ratio

0.10%

AUM

₹982 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
-3.02%
3Y
+8.68%
5Y
+8.31%
Since Inception
+15.51%

SIP returns (XIRR)

1Y
-7.54%
3Y
+1.58%
5Y
+7.29%
Since Inception
+9.19%

What history actually did — last 6 years (Sept 2020 – Sept 2026)

A ₹5,000 monthly SIP for the last 6 years (Sept 2020 – Sept 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹4,67,805 today — ₹3,60,000 invested, 8.7% XIRR.

₹3,60,000

Invested

₹4,67,805

Value today

8.7%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 6 years (Sept 2020 – Sept 2026)

Real NAV backtest

₹1,00,000 invested 6 years ago would be ₹2,37,772 today (15.5% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Sept 2020 would still hold ₹19,09,915.

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹4,67,805 in this fund vs ₹4,37,602 in the benchmark — outperformance of ₹30,203.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 6 years (Sept 2020 – Sept 2026) (3 Jun 2024) would be ₹1,01,891 today (1.02×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

-0.02

Sharpe Ratio

+0.02

Alpha

0.50

Beta

-0.02

Sortino

13.25%

Std Dev

-14.65%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryFund of Funds (Domestic)
BenchmarkNIFTY 50 TRI ✓
Launch Date21 Sept 2020
AMFI Code148502
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadIf redeemed or switched out within 5 days from the date of allotment: 0.05% If redeemed or switched out after 5 days from date of allotment: Nil

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

What this fund does

Mirae Asset Diversified Equity Allocator Passive FoF · Regular · Growth by Mirae Asset Mutual Fund is a Fund of Funds (Domestic) fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Fund of Funds (Domestic) category.

About This Fund

Mirae Asset Diversified Equity Allocator Passive FoF · Regular · Growth is a Fund of Funds (Domestic) mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹982 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 TRI. The current expense ratio is 0.10%.

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