MIRAE ASSET
EQUITY ALLOCATOR FUND OF FUND - (MAEAF)
(Fund of Fund - Domestic (FOF) - An open ended fund of fund scheme predominantly investing in units of domestic equity ETFs)
| Type of Scheme | Fund of Fund - Domestic (FOF) - An open ended fund of fund scheme predominantly investing in units of domestic equity ETFs |
| Investment Objective | The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the Scheme will be realized. |
Fund Manager** |
Ms. Bharti Sawant (since inception) |
| Allotment Date | 21st September, 2020 |
| Benchmark Index | Nifty 200 Index (TRI) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: Minimum of ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. |
| Load Structure | Entry load: NA Exit load: if redeemed or switched out within 5 calendar days from the date of allotment: 0.05% if redeemed or switched out after 5 days from date of allotment: Nil |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW^ Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on December 31, 2021 | 210.10 |
| Net AUM (₹ Cr.) | 215.97 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on December 31, 2021 |
Regular Plan: 0.40% Direct Plan: 0.16% Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme |
| Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme. The TER of underlying scheme i.e Mirae Asset Nifty 50 ETF is 0.08%, Mirae Asset Nifty Next 50 ETF is 0.14% and Nippon India ETF Nifty Midcap 150 is 0.23% | |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 15.895 | ₹ 15.868 |
| IDCW | ₹ 15.897 | ₹ 15.870 |
| Portfolio Holdings | % Allocation | |
| Exchange Traded Funds | ||
| Mirae Asset Nifty 50 ETF | 71.98% | |
| Nippon India ETF Nifty Midcap 150 | 16.75% | |
| Mirae Asset Nifty Next 50 ETF | 11.94% | |
| Exchange Traded Funds Total | 100.67% | |
| Cash & Other Receivables | -0.67% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAEAF | 28.53 |
43.57 |
||
| Scheme Benchmark* | 28.88 |
44.62 |
||
| Additional Benchmark** | 23.23 |
40.97 |
||
| NAV as on 31st December, 2021 | 15.868 | |||
| Index Value (31st December, 2021) | Index Value of benchmark is 11,796.61 and S&P BSE Sensex (TRI) is 86,926.99 | |||
| Allotment Date | 21st September, 2020 | |||
| Scheme Benchmark | *Nifty 200 Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Ms. Bharti Sawant managing the scheme since 21st September, 2020.
This product is suitable for investors who are seeking*
•To generate long term capital appreciation/income
• Investments predominantly in units of equity exchange traded funds
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes and on 