Mirae Asset Diversified Equity Allocator Passive FOF is a mutual fund run by Mirae Asset Mutual Fund. On 30-09-2026, it managed ₹905 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.6% a year and its Regular plan returned 9.5% a year. Its benchmark, Nifty 200 TRI, returned 10.0% a year over the same 3 years.
NAV (Direct plan)
₹23.82
▼ 0.09% · 30-10-2026
NAV (Regular plan)
₹23.71
▼ 0.09% · 30-10-2026
Expense ratio
0.04%Direct0.10%Regular
0.04%
A year
Riskometer
Very High
Set by the fund house
3 year return
9.6%Direct9.5%Regular
9.6%
A year
Mirae Asset Diversified Equity Allocator Passive FOF NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹23.82 (down 0.09% that day); Regular Plan Growth ₹23.71 (down 0.09% that day).
This fund (Direct plan)
₹23.821
Mirae Asset Diversified Equity Allocator Passive FOF Returns vs Nifty 200 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.24%
−6.21%
−3.54%
−8.00%
+9.58%
+8.19%
--
This fund (Regular)
−0.25%
−6.22%
−3.56%
−8.05%
+9.52%
+8.13%
--
Nifty 200 TRI
+0.15%
−5.92%
−3.14%
−7.85%
+9.98%
+8.26%
+12.23%
Category average
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Best in category
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Worst in category
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No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
Mirae Asset Diversified Equity Allocator Passive FOF Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 762 periods, one for each trading day from 22-09-2023 to 30-10-2026.
Dec 2020 to Dec 2023Jul 2021 to Jul 2024Jan 2022 to Jan 2025Jul 2022 to Jul 2025Jan 2023 to Jan 2026Jul 2023 to Jul 2026
Mirae Asset Diversified Equity Allocator Passive FOF (Direct)Nifty 200 TRI
0%
0%
Below 0%
0%
0%
0-5%
4%
4%
5-10%
32%
33%
10-15%
58%
57%
15-20%
6%
6%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
1,257
9.6%
−9.6%
68.0%
13%
9.8%
39%
2 years
1,009
15.6%
−4.8%
31.3%
4%
15.8%
45%
3 years
762
16.1%
7.9%
23.8%
0%
16.0%
67%
5 years
271
12.8%
7.3%
21.1%
0%
12.8%
9%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
62
10.7%
−17.0%
52.7%
19%
11.0%
39%
2 years
50
11.5%
−5.8%
34.6%
6%
11.7%
50%
3 years
38
14.9%
0.5%
26.9%
0%
15.2%
45%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 200 TRI over the same days. Past returns do not promise future returns.
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Mirae Asset Diversified Equity Allocator Passive FOF (Direct)This fund
Nifty 200 TRI
Return (CAGR)
−8.00%
−7.85%
Standard deviation
13.98%
14.34%
Sharpe ratio
-0.95
-0.91
Sortino ratio
-1.26
-1.21
Maximum drawdown
−14.6%
(30-03-2026)
−14.8%
(30-03-2026)
Beta
0.97
1.00
Alpha
−0.48%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Mirae Asset Diversified Equity Allocator Passive FOF (Direct)This fund
Nifty 200 TRI
Return (CAGR)
+9.58%
+9.98%
Standard deviation
13.81%
14.11%
Sharpe ratio
0.26
0.28
Sortino ratio
0.35
0.38
Maximum drawdown
−18.2%
(03-03-2025)
−17.8%
(28-02-2025)
Beta
0.97
1.00
Alpha
−0.29%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Mirae Asset Diversified Equity Allocator Passive FOF (Direct)This fund
Nifty 200 TRI
Return (CAGR)
+8.19%
+8.26%
Standard deviation
13.96%
14.30%
Sharpe ratio
0.17
0.17
Sortino ratio
0.23
0.23
Maximum drawdown
−18.2%
(03-03-2025)
−17.8%
(28-02-2025)
Beta
0.97
1.00
Alpha
+0.01%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Mirae Asset Diversified Equity Allocator Passive FOF (Direct)This fund
Nifty 200 TRI
Return (CAGR)
+15.48%
+15.69%
Standard deviation
14.05%
14.46%
Sharpe ratio
0.72
0.72
Sortino ratio
0.99
0.99
Maximum drawdown
−18.2%
(03-03-2025)
−17.8%
(28-02-2025)
Beta
0.96
1.00
Alpha
+0.24%
0.00%
From daily NAVs, 22-09-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
From the Direct plan's daily NAV since 22-09-2020, adjusted for unit splits, and Nifty 200 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Mirae Asset Diversified Equity Allocator Passive FOF Expense Ratio and Costs
What each plan charges a year, in force from 29-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.03%
0.00%
0.00%
0.01%
0.04%
Regular
0.08%
0.00%
0.00%
0.02%
0.10%
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−8.05%
−8.00%
0.05%
₹91,950
₹92,000
3 years
9.52%
9.58%
0.06% a year
₹1,31,365
₹1,31,581
5 years
8.13%
8.19%
0.06% a year
₹1,47,819
₹1,48,230
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
From each plan's published NAV (Growth option), the benchmark's TRI, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.04%
Expense ratio (Regular)
0.10%
Category
Fund of Funds
Risk
Very High
Benchmark
Nifty 200 TRI
Launch date
21-09-2020
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹905.36 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
148500
ISIN (Direct)
INF769K01GE9
Scheme code (Regular)
148502
ISIN (Regular)
INF769K01GB5
NAV history
From 22-09-2020, 6.1 years
Exit load
Exit load of 0.05% if redeemed within 5 days.
Tax on Mirae Asset Diversified Equity Allocator Passive FOF returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹23.821
30-10-2026
direct
IDCW
₹23.84
30-10-2026
regular
Growth
₹23.714
30-10-2026
regular
IDCW
₹23.717
30-10-2026
About Mirae Asset Diversified Equity Allocator Passive FOF
Mirae Asset Diversified Equity Allocator Passive FOF is a mutual fund from Mirae Asset Mutual Fund. Its category is Fund of Funds. It was launched on 21-09-2020. Its benchmark is Nifty 200 TRI. At the end of September 2026 it held 3 securities.
Fund Manager
Siddharth Srivastava
Fund manager of Mirae Asset Diversified Equity Allocator Passive FOF, since 01-01-2025
What is the current NAV of Mirae Asset Diversified Equity Allocator Passive FOF?
The Direct plan NAV is ₹23.821. The Regular plan NAV is ₹23.714, as on 30-10-2026.
What are the returns of Mirae Asset Diversified Equity Allocator Passive FOF?
The Direct plan returned −8.00% in 1 year, +9.58% a year over 3 years, +8.19% a year over 5 years. The Regular plan returned −8.05% in 1 year, +9.52% a year over 3 years, +8.13% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Mirae Asset Diversified Equity Allocator Passive FOF?
The Direct plan charges 0.04% a year. The Regular plan charges 0.10% a year. This is the figure the fund house reported to AMFI, in force from 29-09-2026.
What is the AUM of Mirae Asset Diversified Equity Allocator Passive FOF?
Mirae Asset Diversified Equity Allocator Passive FOF managed ₹905.36 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Mirae Asset Diversified Equity Allocator Passive FOF?
At the end of September 2026 the largest holdings were NIFTYETF (63.94%), MIDCAPETF (21.95%), NEXT50 (14.11%). The fund held 3 securities in all.
How do I invest in Mirae Asset Diversified Equity Allocator Passive FOF?
Through Mirae Asset Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of Mirae Asset Diversified Equity Allocator Passive FOF?
Siddharth Srivastava (since 01-01-2025).
What is the exit load of Mirae Asset Diversified Equity Allocator Passive FOF?
Exit load of 0.05% if redeemed within 5 days.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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