Mirae Asset’s Diversified Equity Allocator Passive FoF achieved a 20% CAGR since launch, outperforming active large-cap funds. Its disciplined, cost-efficient, valuation-driven allocation across Nifty50, Next 50, and Midcap 150 ETFs drove this success, adapting to market cycles. The fund manager sees large caps as most balanced, with midcaps requiring caution.
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