FoF · Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)
Mirae Asset Diversified Equity Allocator Passive FOF
Open in live screener →Key metrics
Latest NAV
₹25.03
Day change
-0.79%
Volatility
14.3%
Sharpe
-0.37
Max drawdown
-18.2%
Expense ratio
0.04%
AUM
₹982 Cr
Category rank
31 / 59
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.31% | -2.88% | 2.57% | 1.53% | 1.25% | 10.15% | 9.70% | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Mirae Asset Diversified Equity Allocator Passive FOF is a fund of funds offered by Mirae Asset Mutual Fund, classified under FoF as Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic). Its outcome depends on the underlying funds it holds. Its latest NAV is ₹25.03, with assets under management of about ₹982 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Mirae Asset Diversified Equity Allocator Passive FOF has recorded a return of about 1.2%, with a three-year return of 10.2% and a five-year return of 9.7%. Its annualised volatility is 14.3% — moderate fluctuations — and its Sharpe ratio is -0.37, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.04%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 15.13 | 10.00 | -6.47 | 67.95 | 88% | 45% |
| 3Y | 16.29 | 16.25 | 10.16 | 24.52 | 100% | 95% |
| 5Y | 14.33 | 13.53 | 9.70 | 21.10 | 100% | 70% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Mirae Asset Diversified Equity Allocator Passive FOF invest in?
It invests primarily in units of other mutual funds or ETFs rather than securities directly.
How is this fund classified?
It is a Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) fund in the FoF group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.04% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -3.62 | 2.18 | -0.92 | -4.20 | 8.10 | 6.29 | – | 0.08 |
| Mirae Asset NYSE FANG + ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | 7.16 | -0.33 | 33.88 | 31.48 | 47.73 | 30.81 | – | 0.03 |
| Mirae Asset S&P 500 Top 50 ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | 2.43 | -3.07 | 14.84 | 23.63 | 34.11 | – | – | 0.02 |
| Mirae Asset Hang Seng TECH ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -3.32 | -7.20 | 0.92 | -10.75 | 15.62 | – | – | 0.02 |
| Aditya Birla Sun Life Silver ETF FOF Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -0.19 | -9.73 | -10.88 | 81.85 | 45.41 | – | – | 0.27 |
| Mirae Asset Nifty India Manufacturing ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -2.77 | 3.22 | 5.08 | 10.44 | 17.71 | – | – | 0.06 |
| Axis Multi Factor Passive FoF Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -2.72 | 0.84 | 0.42 | 2.92 | 8.92 | – | – | 0.07 |
| Axis Silver Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -0.25 | -9.42 | -10.67 | 83.13 | 45.69 | – | – | 0.07 |
More funds from Mirae Asset
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset ELSS Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -2.18 | 4.46 | 5.59 | 4.52 | 12.50 | 11.37 | 16.72 | 0.56 |
| Mirae Asset Dynamic Term Fund Income/Debt Oriented Schemes - Dynamic Term Fund | -0.38 | 0.95 | 2.16 | 5.18 | 7.07 | 5.81 | – | – |
| Mirae Asset Short Term Fund Income/Debt Oriented Schemes - Short Term Fund | 0.25 | 2.21 | 2.80 | 5.76 | 7.50 | 6.46 | – | – |
| Mirae Asset Healthcare Fund Sectoral/Thematic - Pharma/Healthcare | 0.82 | 10.10 | 18.57 | 20.92 | 22.87 | 15.75 | – | 0.45 |
| Mirae Asset Equity Savings Fund Hybrid Scheme - Equity Savings Fund | -0.37 | 3.06 | 3.39 | 6.37 | 10.03 | 9.17 | – | 0.31 |
| Mirae Asset Focused Fund Equity Scheme - Focused Fund | 0.33 | 9.35 | 10.92 | -1.03 | 7.73 | 6.76 | – | 0.55 |
| Mirae Asset Midcap Fund Equity Scheme - Mid Cap Fund | 0.08 | 8.26 | 13.79 | 12.84 | 16.24 | 16.13 | – | 0.50 |
| Mirae Asset Overnight Fund Income/Debt Oriented Schemes - Overnight Fund | 0.42 | 1.29 | 2.60 | 5.30 | 6.11 | 5.73 | – | 0.07 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.