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Unrated

Mirae Asset Equity Allocator FoF - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.68 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.53 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 31.11 -0.01 1.24 8.13 12.99 24.27 67.95 -- -- -- --
S&P BSE 100 TRI 29.65 -0.03 1.30 7.63 13.30 23.69 67.81 -- -- -- --
Equity: Large Cap 29.56 -0.09 1.01 7.50 12.98 23.99 66.66 -- -- -- --
Rank within category 22 51 36 18 43 29 16 -- -- -- --
Number of funds in category 71 82 81 81 78 74 68 57 49 49 0

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Equity Allocator FoF - Direct Plan  | Invest Online
Unrated
Sep-20 67.95 -- -- 0.19 161
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 64.21 23.08 19.67 0.46 32,213
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 67.82 17.80 15.74 1.09 30,089
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 64.37 20.01 17.69 0.54 29,425
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 70.16 20.26 16.25 1.02 9,293

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.74 29-Jan-2021 - 05-Feb-2021 -4.72 21-Jan-2021 - 28-Jan-2021
Month 13.07 30-Oct-2020 - 01-Dec-2020 -3.69 16-Feb-2021 - 18-Mar-2021
Quarter 26.20 24-Sep-2020 - 24-Dec-2020 -1.07 12-Feb-2021 - 14-May-2021
Year 67.95 24-Sep-2020 - 24-Sep-2021 61.47 22-Sep-2020 - 22-Sep-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 16.13 22.19 0.54 0.64 -- --
Equity: Large Cap* 15.62 21.72 0.54 0.63 0.96 -0.01
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,25,131 2,91,312
Giant (%) 64.39 66.13
Large (%) 19.78 26.48
Mid (%) 15.49 9.73
Small (%) 0.34 2.39
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Mirae Asset Nifty 50 ETF-G Financial -- 74.40
up Nippon India ETF Nifty Midcap 150-G Financial -- 15.83
up Mirae Asset Nifty Next 50 ETF-G Financial -- 10.29

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— Bharti Sawant since 08-Sep-2020

Education: Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com.

Experience: Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.

Funds Managed:


-0.01%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 16.1940

IDCW: ₹ 16.1960


Investment Strategy

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

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.05% for redemption within 5 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 21-Sep-2020
Return Since Launch: 61.30%
Benchmark: NIFTY 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 161 Cr (As on 31-Aug-2021)
Expense: 0.19% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Email: [email protected]

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

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The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM