Should I invest in Mirae Asset Diversified Equity Allocator Passive FOF?

We don't give personal investment advice. Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 18.2%. 5-year CAGR: 11.94%.

Mirae Asset

Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW

Latest NAV

₹25.3430

As of

17 Jul 2026

1,433 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.50%	-0.15%	+0.66	9 / 125	Q1
1W	+0.11%	-4.47%	+4.58	11 / 130	Q1
2W	+0.22%	-5.11%	+5.32	19 / 130	Q1
1M	+1.04%	-5.39%	+6.43	28 / 130	Q1
3M	+1.50%	-4.67%	+6.17	65 / 130	Q2
6M	-1.26%	-5.19%	+3.92	73 / 122	Q3
YTD	-2.84%	-2.99%	+0.15	94 / 120	Q4
1Y	+0.60%	+12.27%	-11.67	81 / 111	Q3
2Y	+0.85%	+6.29%	-5.44	57 / 84	Q3
3Y	+11.57%	+6.43%	+5.15	30 / 73	Q2
4Y	+14.11%	+5.33%	+8.78	23 / 68	Q2
5Y	+11.94%	-0.23%	+12.17	15 / 55	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+17.54%	+8.45%	+9.09	22 / 130	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-2.84%	+1.22%	-4.06	93 / 114
2025	+8.10%	+30.86%	-22.75	44 / 83
2024	+14.72%	+13.06%	+1.66	34 / 69
2023	+25.45%	+14.87%	+10.58	10 / 68
2022	+4.47%	-5.59%	+10.06	17 / 59
2021	+28.20%	+10.93%	+17.27	5 / 51
2020	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+15.61%

59 windows

min -2.8% · max 56.4%

93% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+16.81%

35 windows

min 11.6% · max 22.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+15.15%

11 windows

min 11.9% · max 20.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

12.70%

3-year · annualised

Sharpe ratio

0.42

vs risk-free 6.5%

Sortino ratio

0.71

Downside-only deviation

Max drawdown

-18.18%

Sep 2024 → Mar 2025

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Fund of Funds - Domestic

Scheme	Fund house	NAV	As of
HDFC Diversified Equity All Cap Active FOF - IDCW - Direct Plan	HDFC	₹10.2128	17 Jul 2026
Nippon India Diversified Equity Flexicap Passive FoF- DIRECT Plan - IDCW Option	Nippon India	₹21.4179	17 Jul 2026
SBI Dynamic Asset Allocation Active FoF- Direct Plan- Income Cum Distribution Capital Withdrawal Option	SBI	₹10.3233	17 Jul 2026
ICICI Prudential BSE 500 ETF FOF - Direct Plan - IDCW	ICICI Prudential	₹15.9520	17 Jul 2026
Invesco India Gold ETF Fund of Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹40.6301	17 Jul 2026
Bandhan Aggressive Hybrid Passive FOF - Direct Plan - IDCW	Bandhan	₹36.8685	17 Jul 2026
Aditya Birla Sun Life Aggressive Hybrid Omni FOF- Direct - IDCW	Aditya Birla Sun Life	₹42.7073	17 Jul 2026
Motilal Oswal Gold and Silver Passive Fund of Funds(Direct Plan)	Motilal Oswal	₹28.6857	17 Jul 2026
Franklin India Dynamic Asset Allocation Active Fund of funds - Direct - IDCW	Franklin India	₹49.0060	17 Jul 2026
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund - Direct Plan - IDCW	Mirae Asset	₹11.7230	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹25.3430
16 Jul 2026	₹25.2160
15 Jul 2026	₹25.2470
14 Jul 2026	₹25.1910
13 Jul 2026	₹25.3130
10 Jul 2026	₹25.3140
9 Jul 2026	₹25.0550
8 Jul 2026	₹24.8900
7 Jul 2026	₹25.3590
6 Jul 2026	₹25.4340

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is ₹25.3430. It's a Fund of Funds - Domestic from Mirae Asset, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW has NAV history starting from 22 Sep 2020, a track record of about 5 years 9 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is managed by Mirae Asset. It's classified by AMFI under the 'Fund of Funds - Domestic' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW has delivered a absolute return of 0.60% — -11.67 pp behind the Fund of Funds - Domestic category average of 12.27%. The fund ranks #81 of 111 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW has delivered a CAGR of 11.57% — +5.15 pp ahead of the Fund of Funds - Domestic category average of 6.43%. The fund ranks #30 of 73 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW has delivered a CAGR of 11.94% — +12.17 pp ahead of the Fund of Funds - Domestic category average of -0.23%. The fund ranks #15 of 55 in its category — the second (Q2) quartile.

₹1 lakh invested in Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW exactly 5 years ago would be worth approximately ₹175,749 today — a multiplier of 1.76×, based on the 5-year CAGR of 11.94%. The category average over the same window would have grown ₹1 lakh to ₹98,843.

A ₹10,000 monthly SIP in Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹778,859 today. That's an XIRR (money-weighted annualised return) of 10.37%.

Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹778,859 — XIRR 10.37%.

On a 5-year basis, Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW ranks #15 out of 55 funds in the Fund of Funds - Domestic category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -0.23%; this fund delivered 11.94%.

The worst peak-to-trough decline Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW has experienced over the last 5-year window is 18.18% — its NAV fell from a high on 27 Sep 2024 to a low on 03 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW averaged 15.15% (best 20.77%, worst 11.94%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.39 — weak risk-adjusted performance.

In calendar year 2025, Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW returned 8.10% — lagging the Fund of Funds - Domestic category average of 30.86% by 22.75 pp. It ranked #44 of 83 in its category that year.

Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Mirae Asset Diversified Equity Allocator Passive FOF - Direct Plan - IDCW is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 18.2%. 5-year CAGR: 11.94%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.