Mirae Asset Diversified Equity Allocator Passive FOF - Regular Growth

Mirae Asset Diversified Equity Allocator Passive FOF - Regular Growth is a scheme launched by Mirae Asset Mutual Fund on September 21, 2020, and falls under the Domestic FoF fund category. It currently manages an AUM of Rs 974.29 crore. The fund permits investments with a minimum SIP of Rs 99 and a lump sum of Rs 5000. It charges an expense ratio of 0.12% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs.

• Performance:

  Mirae Asset Diversified Equity Allocator Passive FOF - Regular Growth trailing returns over different times are 8.38% (1 year), 15.61% (3 year) and 14.85% (5 year). The average annual return of this fund stands at -1.65%.