MIRAE ASSET
EQUITY ALLOCATOR FUND OF FUND
(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: ₹ 500/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly / 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 |
| Monthly Average AUM (₹ Cr.) as on June 30, 2024 | 803.206 |
| Net AUM (₹ Cr.) | 837.40 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on June 30, 2024 |
Regular Plan: 0.11% Direct Plan: 0.04% |
| 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 0.04% , Mirae Asset Nifty Next 50 ETF is 0.05% and Mirae Asset Nifty Midcap 150 ETF is 0.05%. The weighted average cost of the underlying ETFs is 0.05%. | |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 24.213 | ₹ 24.139 |
| IDCW | ₹ 24.231 | ₹ 24.141 |
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.
Portfolio
| Portfolio Holdings | % Allocation |
| Exchange Traded Funds | |
| Mirae Asset Nifty 50 ETF | 65.15% |
| Mirae Asset Nifty Midcap 150 ETF Regular Gr Opt | 18.30% |
| Mirae Asset Nifty Next 50 ETF | 16.78% |
| Exchange Traded Funds Total | 100.23% |
| Cash & Other Receivables Total | -0.23% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Year | 3 Years | Since inception | Value of 10000 invested Since Inception (in Rs.) | |
| Mirae Asset Equity Allocator Fund of Fund | 36.00% |
19.06% |
26.29% |
24,139 |
| Scheme Benchmark* | 35.79% |
18.99% |
26.44% |
24,249 |
| Additional Benchmark** | 23.69% |
16.07% |
22.86% |
21,756 |
| NAV as on 30th June, 2024 | ₹ 24.139 | |||
| Index Value (30th June, 2024) | Index Value of benchmark is 17,860.19 and BSE Sensex (TRI) is 1,21,991.93 | |||
| Allotment Date | 21st September, 2020 | |||
| Scheme Benchmark | *Nifty 200 Index (TRI) | |||
| Additional Benchmark | **BSE Sensex (TRI)## | |||
Fund manager : Ms. Bharti Sawant managing the scheme since 21st September, 2020.
Note: Returns for 1 year and below are absolute returns, Returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
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 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
