Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 70/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)9.87%
- Expense ratio (20%)0.05%
- AUM (15%)₹967 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Equity · Large Cap
₹24.69
AUM: ₹966 Cr
NAV updated 5 days ago
Plan
Direct
Option
Idcw
Risk
High
Expense Ratio
0.05%
Exit Load
Exit load of 0.05% if redeemed within 5 days.
Fund Manager
Bharti Sawant
Inception
Sep 2020
Benchmark
NIFTY 200 Total Return Index
Sharpe Ratio
-0.46
Std Dev (1Y)
13.75%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-3.32%
3m
-2.09%
6m
+5.79%
1y
-2.58%
3y
+9.87%
5y
+9.08%
10y
—
since inception
+16.53%
TopFund's Take on Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW
Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW holds up reasonably well within the Large Cap category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 70/100.
Cost: At 0.05%, the expense ratio is meaningfully cheaper — about 92% below the Large Cap category average of 0.6% (based on 451 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.46 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 13.75% is fairly typical for Large Cap funds.
Who should invest: This fund is best suited to conservative equity investors or those wanting a stable core holding, typically with a 3+ year horizon. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW
The current NAV (Net Asset Value) of Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is ₹24.69. NAV is updated every business day after market close by AMFI.
1Y: -2.58% · 3Y CAGR: 9.87% · 5Y CAGR: 9.08%
The expense ratio of Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is 0.05% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is managed by Bharti Sawant at Mirae Asset Mutual Fund.
Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is ₹967 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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