The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs.
Exit Load0.05%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Siddharth Srivastava
Mr. Srivastava is a MBA (Tech), B.Tech
Prior to joining Mirae Asset Investment Managers (India) Private Limited, he has been associated with Mirae Asset Global Investments (India) Private Limited, NSE Indices Limited and Morgan Stanley Capital International.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Diversified Equity Allocator Passive FoF is ₹25.37 as of 2026-08-28.
Mirae Asset Diversified Equity Allocator Passive FoF is classified as a Large Cap fund.
The Assets Under Management (AUM) of Mirae Asset Diversified Equity Allocator Passive FoF is ₹2,023 Cr.
The expense ratio of Mirae Asset Diversified Equity Allocator Passive FoF is 0.1%.
Mirae Asset Diversified Equity Allocator Passive FoF is managed by Siddharth Srivastava.
The minimum SIP investment for Mirae Asset Diversified Equity Allocator Passive FoF is ₹99.
The exit load for Mirae Asset Diversified Equity Allocator Passive FoF is 0.05%.
As per the SEBI Riskometer, Mirae Asset Diversified Equity Allocator Passive FoF carries a Very High risk level.
Mirae Asset Diversified Equity Allocator Passive FoF has delivered 4.24% (1Y), 11.77% (3Y) and 10.91% (5Y) annualised returns as of 2026-08-28.
Mirae Asset Diversified Equity Allocator Passive FoF was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
