Mirae Asset Diversified Equity Allocator Passive FOF
The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs.
Growthvine rating: 2/5 — ranked #29 of 41 in category.
Fund basics
| Category | Equity: Large & Mid Cap |
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| NAV | ₹23.56 (as of 2026-10-01) |
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| AUM | ₹981 Cr |
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| Expense ratio | 0.08% |
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| Riskometer | Moderately High |
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| Fund manager | Siddharth Srivastava |
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| Exit load | 0.05% for redemption within 5 days |
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Performance & risk
| 5-year annualised return | 8.17% |
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| Sharpe ratio | 0.43 |
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| Standard deviation | 14.90% |
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| Max drawdown | −18.21% |
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| Alpha | 1.25 |
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| Beta | 1.03 |
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Over 5 years, captured 88.4% of NIFTY LargeMidcap 250's upside and 96.9% of its downside.
Market cap allocation
| Large cap | 65.7% |
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| Mid cap | 32.9% |
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| Small cap | 1.4% |
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Concentration
| Top 5 holdings | 100.0% |
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| Top 10 holdings | 100.0% |
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| Total holdings | 3 |
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| Index overlap | 0.0% |
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| Active share | 100.0% |
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Top holdings
- Mirae Asset Nifty 50 ETF — 65.1%
- Mirae Asset Nifty Midcap 150 ETF — 20.0%
- Mirae Asset Nifty Next 50 ETF — 14.9%
- Net Current Assets — −0.0%
Top sectors
- Equity MF — 100.0%
- Cash — −0.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −9.1% | Q4 (Bottom) | #35 of 38 |
| 2025 | 8.5% | Q1 (Top) | #5 of 34 |
| 2024 | 14.8% | Q4 (Bottom) | #29 of 29 |
| 2023 | 25.6% | Q4 (Bottom) | #25 of 28 |
| 2022 | 4.4% | Q2 | #9 of 28 |