Mirae Asset Multi Factor Passive FOF
- NAV as on 25 Sep 2026
- ₹10.56+0.09%1 day
- Return since launch
- 3.8%
- 52-week range
- ₹9.42 — ₹10.97
- AUM
- ₹30.32 Cr
Mirae Asset Multi Factor Passive FOF is a Equity FoF equity fund from Mirae Asset Mutual Fund with ₹30.32 Cr under management, launched in 2025. The expense ratio is 0.65% and the SEBI riskometer reading is Very High.
Performance
Mirae Asset Multi Factor Passive FOF NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.6% against +1.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.3% | 0.0 pts | 1.3% | -2.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.8% | 0.0 pts | -3.8% | -3.8% |
| 3M | -0.7% | +0.4 pts | -1.2% | -1.2% |
| 6M | 9.5% | +1.8 pts | 7.7% | 7.8% |
| 1Y | 4.6% | +3.3 pts | 1.3% | 0.9% |
Since launch (11 Aug 2025): 3.8%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.65%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.50%
- Brokerage
- 0.03%
- Transaction charges
- 0.01%
- Statutory levies
- 0.11%
- Exit load
- Exit load of 0.05%, if redeemed within 5 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Mirae Asset Multi Factor Passive FOF portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.9%
- Other0.1%
Market cap split
- Large50.0%
- Mid31.5%
- Small18.5%
- P/E
- 17.96
- P/B
- 3.09
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty 200 Alpha 30 ETF - Growth | Unclassified | 19.45% | ₹5.90 Cr | +21.00% | +20.00% | +16.96% |
| Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF - Growth | Unclassified | 15.17% | ₹4.60 Cr | +18.61% | +17.59% | +16.98% |
| Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF - Growth | Financial | 13.28% | ₹4.03 Cr | +2.33% | +2.29% | +2.43% |
| Mirae Asset BSE 200 Equal Weight ETF-Growth | Unclassified | 11.54% | ₹3.50 Cr | +13.91% | +11.11% | +9.70% |
| Mirae Asset Nifty50 Equal Weight ETF-Growth | Unclassified | 11.51% | ₹3.49 Cr | +13.03% | +11.29% | +14.58% |
| Mirae Asset BSE 500 Dividend Leaders 50 ETF-Growth | Unclassified | 11.28% | ₹3.42 Cr | — | — | — |
| Mirae Asset Nifty Top 20 Equal Weight ETF-Growth | Unclassified | 10.20% | ₹3.09 Cr | +6.16% | +9.45% | — |
| Mirae Asset Nifty 500 Value 50 ETF-Growth | Unclassified | 7.60% | ₹2.30 Cr | +18.45% | — | — |
| Others | Others | -0.02% | ₹-0.01 Cr | +0.12% | +0.15% | -193.26% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF - Growth | 6.19% | 13.28% | +7.10% |
| Mirae Asset Nifty 500 Value 50 ETF-Growth | 12.23% | 7.60% | -4.63% |
| Mirae Asset Nifty50 Equal Weight ETF-Growth | 12.27% | 11.51% | -0.76% |
| Mirae Asset BSE 200 Equal Weight ETF-Growth | 12.24% | 11.54% | -0.70% |
| Mirae Asset Nifty Top 20 Equal Weight ETF-Growth | 10.85% | 10.20% | -0.65% |
| Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF - Growth | 15.62% | 15.17% | -0.45% |
| Mirae Asset BSE 500 Dividend Leaders 50 ETF-Growth | 10.96% | 11.28% | +0.32% |
| Others | -0.03% | -0.28% | -0.25% |
| Mirae Asset Nifty 200 Alpha 30 ETF - Growth | 19.40% | 19.45% | +0.05% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹388 Cr | 0.73% | -2.1% | 4.1% | 9.8% |
| Mirae Asset Diversified Equity Allocator Passive FoF | ₹967 Cr | 0.10% | -4.7% | 2.6% | 8.3% |
 ICICI Prudential Diversified Equity All Cap Omni FoF | ₹348 Cr | 1.08% | -0.3% | 5.7% | 12.4% |
| ICICI Prudential Multi Sector Passive FoF | ₹263 Cr | 0.49% | -0.9% | 5.5% | 10.8% |
 Nippon India Diversified Equity Flexicap Passive FoF | ₹224 Cr | 0.58% | -4.0% | 2.3% | 7.9% |
 Quantum Diversified Equity All Cap Active FoF | ₹138 Cr | 1.41% | -0.8% | 4.5% | 9.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of factor based domestic equity ETFs which are based on single or multiple strategies like alpha, momentum, low volatility, value, growth, equal weighing, quality etc. There is no assurance that the investment objective of the Scheme will be realized.
Fund managers
- Ritesh PatelMr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB.Prior to joining Mirae Asset MF, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months9.53% absolute | ₹60,000 | ₹65,718 | 9.53% | |
| 1 year4.64% annualised | ₹1,20,000 | ₹1,23,059 | 2.55% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.