MIRAE ASSET
EQUITY ALLOCATOR FUND OF FUND

(Fund of Fund - Domestic (FOF) - An open ended fund of fund scheme predominantly investing in units of domestic equity ETFs)
Details as on February 29, 2024

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: ₹ 500/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly / Quarterly option.
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
Monthly Average AUM (₹ Cr.) as on February 29, 2024 654.41
Net AUM (₹ Cr.) 666.03
Monthly Total Expense Ratio
(Including Statutory Levies)
as on February 29, 2024
Regular Plan: 0.04%
Direct Plan: 0.04%
Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme
The TER of underlying scheme i.e Mirae Asset Nifty 50 ETF is 0.05% , Mirae Asset Nifty Next 50 ETF is 0.14% and Mirae Asset Nifty Midcap 150 ETF is 0.05%
The weighted average cost of the underlying ETFs is 0.06%.
**For experience of Fund Managers Click Here
##Pursuant to notice cum addendum no. 69/2023, Minimum Systematic Investment Plan (SIP) Installment amount for certain Schemes has been Changed with effect from January 01, 2024.

NAV: Direct Regular
Growth ₹ 21.564 ₹ 21.501
IDCW ₹ 21.580 ₹ 21.503

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

*Investors should consult their financial advisers if they are not clear about the suitability of the product.



Portfolio Holdings % Allocation
Exchange Traded Funds
Mirae Asset Nifty 50 ETF 66.94%
Mirae Asset Nifty Midcap 150 ETF 18.85%
Mirae Asset Nifty Next 50 ETF 14.40%
Exchange Traded Funds Total 100.19%
Cash & Other Receivables Total -0.19%
Total 100.00%

 

Returns (in%)
1 Year 3 Years Since inception Value of 10000 invested
Since Inception (in Rs.)
Mirae Asset Equity Allocator Fund of Fund
37.17%
18.35%
24.91%
21,501
Scheme Benchmark*
37.02%
18.29%
25.12%
21,623
Additional Benchmark**
24.58%
15.26%
22.02%
19,837
NAV as on 29th February, 2024 ₹ 21.501
Index Value ( 29th February, 2024) Index Value of benchmark is 15,926.49 and S&P BSE Sensex (TRI) is 1,11,227.59
Allotment Date 21st September, 2020
Scheme Benchmark *Nifty 200 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Fund manager : Ms. Bharti Sawant managing the scheme since 21st September, 2020.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes and on
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option