Mirae Asset Diversified Equity Allocator Passive FOF Direct IDCW NAV today
AMFI: 148501ISIN: INF769K01GD1MUTF_IN: MIRA_ASSE_DVRS_1JBWOTZMirae Asset Mutual FundFund of Funds
Formerly Mirae Asset Equity Allocator Fund of Fund
NAV ₹23.3260
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹905 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.04%21 Oct 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 330 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 21 Sep 2020
Mirae Asset Diversified Equity Allocator Passive FOF returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −3.29% | −3.32% | – | – | – |
| 1 month | −6.00% | −5.83% | 4 of 4 | −4.13% | −5.9% to −1.8% |
| 3 months | −6.59% | −6.38% | 4 of 4 | −4.32% | −6.5% to −1.9% |
| 6 months | −6.19% | −5.93% | 4 of 4 | −3.23% | −6.1% to −0.3% |
| 1 year | −9.60% | −9.57% | 3 of 4 | −7.26% | −9.7% to −4.7% |
| 3 years | +8.63% | +8.98% | – | – | – |
| 5 years | +7.27% | +7.31% | – | – | – |
| 10 years | Needs 10 years | – | – | – | – |
₹10,000 put in on 22 Sep 2020 is ₹23,553 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: Nifty 200 TRI, over the same days as the fund. Rank, median and middle half among the Direct plans of funds tracking Nifty 200, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | −3.22% | −3.23% |
| 3 years | +8.65% | +8.89% |
| 5 years | +8.32% | +8.29% |
| Since launch | +15.54% | +15.68% |
Benchmark: Nifty 200 TRI. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Nifty 200 TRIBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer.
Highest year to Dec 2021, +28.7%; lowest year to Dec 2022, +4.4%Above the benchmark in 2 of 5 years
Mirae Asset Diversified Equity Allocator Passive FOF SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,12,124₹1,12,118 after stamp duty | −12.44% | −12.44% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,54,442₹3,54,424 after stamp duty | −1.02% | −1.03% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,97,634₹6,97,599 after stamp duty | +6.02% | +6.02% | ₹30 | |
| Since Sep 202073 instalments | ₹7,30,000 | ₹9,31,830₹9,31,784 after stamp duty | +7.98% | +7.98% | ₹37 |
10 years: Launched 21 Sep 2020, needs 10 years of history.
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 22 Sep 2020 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year1,254 windows−9.6%+14.6%+68.0%86.8%
3 years759 windows+7.9%+16.0%+23.7%100.0%
5 years268 windows+7.3%+13.6%+21.1%100.0%
10 yearsLaunched 21 Sep 2020, needs 11 years of history
Every 3 and 5-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Mirae Asset Diversified Equity Allocator Passive FOF expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.06 ptsA year, on 21 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.04%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.10%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.25%, Feb 2022.Direct plan lowest 0.03%, Sep 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.03% | 0.08% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.01% | 0.02% |
Per cent of assets a year, filed for 21 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
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
Buying and selling
- Lump-sum purchases
- Not accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1
- SIP
- Not accepted
- SIP minimum
- ₹500
- SIP instalments, at least
- 5
- SIP dates
- Except 29,30 and 31 all dates
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
As listed for this plan on 24 Oct 2026.
Mirae Asset Diversified Equity Allocator Passive FOF AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹969 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 70.6%Of the quarter's average
- Less the house's funds of fundsAverage assets, excluding the house's funds of funds. The quarter's average assets less the money the same fund house's funds of funds hold in this fund, so that money is not counted twice.
- ₹0.00 CrQuarter to Sep 2026
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹982 Cr, quarter to Jun 2026.
Assets at each month end
Highest ₹990 Cr, Dec 2025.Lowest ₹178 Cr, Sep 2021.
Mirae Asset Diversified Equity Allocator Passive FOF portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|
| Mirae Asset Nifty 50 ETF | 63.94% | 578.93 | 2,34,80,118 | Sep 2020or earlier |
| Mirae Asset Nifty Midcap 150 ETF | 21.95% | 198.71 | 8,87,08,914 | Mar 2022 |
| Mirae Asset Nifty Next 50 ETF | 14.11% | 127.75 | 17,71,148 | Sep 2020or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Net Receivables / (Payables) | −0.01% | −0.13 |
| TREPS | 0.01% | 0.11 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 63.94%Mirae Asset Nifty 50 ETF
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 100.00%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 100.00%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 2.1Taken over 100.00% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Units of other funds100.00%
- Cash and receivables0.00%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 0
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 1
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 2
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 1.95%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Mirae Asset Nifty Midcap 150 ETF | Added | 21.95% | 20.00% | +1.95 pts | +79,16,696 |
| Mirae Asset Nifty 50 ETF | Trimmed | 63.94% | 65.10% | −1.15 pts | −5,41,108 |
| Mirae Asset Nifty Next 50 ETF | Trimmed | 14.11% | 14.91% | −0.80 pts | −1,30,421 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty 50 ETF | 62.85%Added | 62.82%Added | 62.65%Added | 62.15%Added | 61.61%Added | 63.30%Added | 61.97%Added | 61.81%Added | 61.65%Cut | 65.04%Added | 65.10%Cut | 63.94%Cut |
| Mirae Asset Nifty Midcap 150 ETF | 20.50%Added | 20.81%Added | 20.73%Added | 21.33%Added | 21.74%Added | 22.07%Added | 23.12%Added | 23.04%Cut | 23.29%Added | 19.74%Cut | 20.00%Cut | 21.95%Added |
| Mirae Asset Nifty Next 50 ETF | 16.63%Added | 16.36%Added | 16.61%Added | 16.49%Cut | 16.66%Cut | 15.04%Cut | 15.02%Cut | 15.15%Cut | 15.06%Cut | 15.22%Cut | 14.91%Cut | 14.11%Cut |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 18.0% in Jul 2026
Risk ratios
NAV to 23 Oct 2026
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.15.40%
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.10.21%
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.23
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.33
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Against Nifty 200 TRI
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.1.00
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.−0.22 pts
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.99.8
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).1.00
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.99.5%
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.100.6%
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −14.63% | 2 Jan 2026 | 30 Mar 2026 | Not yet |
| 3 and 5 years and since Sep 2020 | −18.19% | 27 Sep 2024 | 3 Mar 2025 | Not yet |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Nov 2021 to Aug 202658 months | Very High | Very HighNifty 200 TRI |
| Oct 20211 month | Very High | Nifty 200 TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Mirae Asset Diversified Equity Allocator Passive FOF fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Siddharth SrivastavaPrimary | Jan 2025 | +0.07%a year | +0.55% | −0.48 pts | 5.7% | 2.7% | 9 | ₹11,103 Cr₹7,423 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Mirae Asset Nyse Fang + ETFSiddharth Srivastava | May 2021 | – | – | – | ₹4,448 Cr |
| Mirae Asset Multi Asset Allocation FundSiddharth Srivastava | Jan 2024 | +12.65%a year | – | – | ₹3,607 Cr |
| Mirae Asset S&P 500 Top 50 ETFSiddharth Srivastava | Sep 2021 | – | – | – | ₹1,154 Cr |
| Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of FundSiddharth Srivastava | Sep 2022 | +35.28%a year | – | – | ₹486 Cr |
| Mirae Asset Hang Seng Tech ETFSiddharth Srivastava | Dec 2021 | – | – | – | ₹339 Cr |
| Mirae Asset Hang Seng Tech ETF Fund of FundSiddharth Srivastava | Oct 2026 | – | – | – | ₹72 Cr |
| Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOFSiddharth Srivastava | Sep 2022 | +9.26%a year | – | – | ₹62 Cr |
| Mirae Asset Multi Factor Passive FOFSiddharth Srivastava | Oct 2026 | – | – | – | ₹29 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Changes to the fund
Newest first.
2026
- 15 OctTermsNew purchases: accepted to not accepted
- 15 OctTermsSIP instalments: accepted to not accepted
- 14 OctTermsNew purchases: accepted to not accepted
- 14 OctTermsSIP instalments: accepted to not accepted
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
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.
Asset allocation
- Units of domestic Equity Exchange Traded Funds (ETFs) - 95% to 100% (High)
- Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds - 0% to 5% (Low to Medium)
Type of scheme
Fund of Fund - Domestic (FOF) - An open ended fund of fund scheme predominantly investing in units of domestic equity ETFs
- Stated category
- FoFs (Domestic)
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- Nifty 200 Index (TRI)
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High
- New fund offer
- 8 Sep 2020 to 15 Sep 2020
- Units first allotted
- 21 Sep 2020
- Open for sale again
- 22 Sep 2020
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 148500 | INF769K01GE9 | MIRA_ASSE_DVRS_195M3DL | 22 Sep 2020 | |
| Regular Growth | 148502 | INF769K01GB5 | MIRA_ASSE_DVRS_1AFRAJ5 | 22 Sep 2020 | |
| Direct IDCW | 148501 | INF769K01GD1 | INF769K01GF6 | MIRA_ASSE_DVRS_1JBWOTZ | 22 Sep 2020 |
| Regular IDCW | 148503 | INF769K01GA7 | INF769K01GC3 | MIRA_ASSE_DVRS_1656PJN | 22 Sep 2020 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- October 2026 - Active Fund Factsheet (opens in a new tab)Mirae Asset Mutual Fund, Sep 2026
Statement of additional information
- SAI Mirae Asset Mutual Fund (opens in a new tab)Mirae Asset Mutual Fund, Oct 2026
Annual report
- Mirae Asset Mutual Fund – Annual Report 2025-2026 (opens in a new tab)Mirae Asset Mutual Fund, Mar 2026
- Mirae Asset Mutual Fund – Abridged Annual Report 2025-2026 (opens in a new tab)Mirae Asset Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Riskometer for the FY 2025-26 (opens in a new tab)Mirae Asset Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap Report for the month of September 2026 (opens in a new tab)Mirae Asset Mutual Fund, Sep 2026