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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

#87 of 101 (1Y)

NAV

₹24.8440

as of 16 Jun 2026

Expense Ratio

0.12%

AUM

₹971 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+0.37%
3Y
+12.52%
5Y
+11.76%
Since Inception
+17.20%

SIP returns (XIRR)

1Y
+0.28%
3Y
+6.47%
5Y
+10.24%
Since Inception
+11.60%

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹46,052

Benchmark

₹44,036

+₹2,016 extra wealth vs the benchmark index

Backtest this SIP yourself

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹34,500

Invested

₹46,052

Value today

10.1%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹2,395

Value today

16.5%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹3,45,000

Withdrawn

₹19,34,377

Corpus left

+₹12,79,377 net gain — withdrew ₹3,45,000 AND corpus grew

Plan your SWP with real NAV

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹11,40,850

Value today

-20.6%

vs lumpsum

Direct lumpsum would have beaten STP by 20.6% — but STP reduced timing risk

Model your own STP with real NAV

₹1 lakh on the worst crash day — 03 Jun 2024

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,02,442

Value today

1.0×

Multiple

Staying invested through that crash turned ₹1L into ₹1,02,442 — a 1.0× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

-0.19

Sharpe Ratio

-0.00

Alpha

0.49

Beta

-0.19

Sortino

14.53%

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

Investment Objective

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 5 years. It manages assets worth ₹971 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 TRI. The current expense ratio is 0.12%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations