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Mirae Asset Mutual Fund

Mirae Asset Diversified Equity Allocator Passive FOF

Mirae Asset Mutual Fund · Direct plan · Growth

3-year returns
9.2%
a year
NAV
₹24.71
▲ 0.73% · 18 Sept 2026
Fund size
₹967 Cr
Expense ratio
0.18%
a year
Minimum SIP
₹99

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹24.60 and has returned 9.1% a year over 3 years.

Returns, and where it stands

Against the average fund of funds (domestic), and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year-2.9%20%behind103 of 112
3 years9.2%20.1%behind51 of 72
5 years9.1%13.4%behind34 of 47
Every period, and the Regular plan →
PeriodDirectRegular
1 month-3.2%-3.2%
3 months-1.8%-1.8%
6 months3.1%3.1%
1 year-2.9%-2.9%
2 yearsp.a.-1.8%-1.9%
3 yearsp.a.9.2%9.1%
5 yearsp.a.9.1%9%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2020.

Plan

NAV history

▼ 2.85% in the last 1Y

22.524.426.218 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹9,485
XIRR (per year)
3.37%
Value today
₹1,89,485

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
13.9% a year
4.2% less than the category average — the steadier side
Worst fall so far
−18.2%
Sept 2024 to Mar 2025, against −19.4% for the category.
Years that made money
88.5%
Of every one-year stretch it has been through.
Over any three years
8.6% to 23.8%
A year, at worst and at best. Typically 16.2%.

Fund details

Minimum lumpsum
₹5,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
21 Sept 2020
Expense ratio
0.18%
as of 31 Jul 2026

Managed by Siddharth Srivastava

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Mirae Asset Diversified Equity Allocator Passive FOF against other funds in the Fund of Funds (Domestic) category
Fund1Y3Y5YExpenseFund size
Mirae Asset NYSE FANG + ETF Fund of Fund47.06%56.83%35.52%0.58%₹2,707 Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund83.92%55.54%0.56%₹847 Cr
Kotak Silver ETF Fund of Fund82.92%46.35%0.63%₹1,004 Cr
UTI Silver ETF Fund of Fund80.47%46.29%0.13%₹655 Cr
Axis Silver Fund of Fund80.98%46.28%0.09%₹1,281 Cr
ICICI Prudential Silver ETF FOF80.56%46.15%0.54%₹6,514 Cr
Mirae Asset Diversified Equity Allocator Passive FOF-2.85%9.17%9.09%0.18%₹967 Cr

About Mirae Asset Diversified Equity Allocator Passive FOF

Mirae Asset Diversified Equity Allocator Passive FOF is a fund of funds (domestic) managed by Mirae Asset Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

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.

The scheme's stated objective, as published by Mirae Asset Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹24.712148500
DirectIDCW₹24.731148501
RegularGrowth₹24.603148502
RegularIDCW₹24.605148503

Frequently asked questions

What is the NAV of Mirae Asset Diversified Equity Allocator Passive FOF today?

The NAV of Mirae Asset Diversified Equity Allocator Passive FOF (Direct plan, Growth) is ₹24.712 and the Regular plan NAV is ₹24.603, as of 18 Sept 2026.

What returns has Mirae Asset Diversified Equity Allocator Passive FOF given?

Over the last year the Direct plan returned -2.85%, and 9.17% a year over 3 years and 9.09% a year over 5 years. That places it 51 of 72 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Mirae Asset Diversified Equity Allocator Passive FOF?

The Direct plan charges 0.18% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Mirae Asset Diversified Equity Allocator Passive FOF?

You can start a monthly SIP with ₹99, or invest a lump sum of ₹5,000 or more.

How much has Mirae Asset Diversified Equity Allocator Passive FOF fallen in the past?

Its deepest fall was 18.2% from 27 Sept 2024 to 3 Mar 2025. Of every one-year stretch in its history, 88% ended in a gain.

Which category does Mirae Asset Diversified Equity Allocator Passive FOF belong to?

It is a Fund of Funds (Domestic) from Mirae Asset Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Mirae Asset Diversified Equity Allocator Passive FOF taxed?

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.