MIRAE ASSET
EQUITY ALLOCATOR FUND OF FUND - (MAEAF)$
(Fund of Fund - An open ended fund of fund scheme predominantly investing in units of domestic
equity ETFs)
| Type of Scheme | Fund of Fund - Domestic (FOF) - An open ended fund of fund scheme predominantly investing in units of domestic equity ETFs |
| Investment 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. |
Fund Manager** |
Ms. Bharti Sawant (since inception) |
| Allotment Date | 21st September, 2020 |
| Benchmark Index | Nifty 200 Index (TRI) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: Minimum of ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 installments. |
| Load Structure | Entry load: NA 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 |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and Dividend Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on February 28, 2021 | 79.85 |
| Net AUM (₹ Cr.) | 84.74 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2021 |
Regular Plan: 0.24% Direct Plan: 0.16% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 12.979 | ₹ 12.971 |
| Dividend | ₹ 12.981 | ₹ 12.971 |
| Portfolio Holdings | % Allocation | |
| Exchange Traded Funds | ||
| Mirae Asset Nifty 50 ETF | 75.58% | |
| Nippon India ETF Nifty Midcap 150 | 14.57% | |
| Mirae Asset Nifty Next 50 ETF | 10.89% | |
| Exchange Traded Funds Total | 100.21% | |
| Cash & Other Receivables | -0.21% | |
| Total | 100.00% | |
This product is suitable for investors who are seeking*
•To generate long term capital appreciation/income
• Investments predominantly in units of equity exchange traded funds
• Degree of risk – Very High
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : Since the scheme is in existence for less than 6 Month, as per SEBI regulation performance of the scheme has not been shown. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 