Mirae Asset Multi Factor Passive FOF Direct-Growth

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.254-1.41% 1 day change	1.11%	App exclusive #NA View Ranked Funds	₹20 Cr

Historical NAV & returns

NAV: ₹10.254 as on Feb 02, 2026

This fund Category average

Mirae Asset Multi Factor Passive FOF overview

Expense ratio	0.15% as on Feb 02, 2026
Exit load	0.05% Exit load of 0.05%, if redeemed within 5 days.!
AUM (Fund size)	₹20 Cr
Lock-in Period	Nil
Age	5 m since Aug 11, 2025
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset Multi Factor Passive FOF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-4.38%	-5.01%
3 Months	-3.08%	-4.44%

Asset allocationas on Dec 31, 2025

Large Cap 64.51%

Mid Cap 28.13%

Small Cap 6.23%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 98.88258431999999%

Repo 1.045342%

Net Receivables 0.07207362%

Other Holdings

Mirae Asset Nifty 200 Alpha 30 ETF - Growth 17.05%

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF - Growth 16.81%

ICICI Prudential Nifty200 Value 30 ETF-Growth 14.56%

Mirae Asset Nifty50 Equal Weight ETF-Growth 11.97%

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Multi Factor Passive FOF	-4.38%	N.A.	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	-2.97%	5.64%	12.89%	24.07%	25.84%	14.9%
ICICI Prudential Value Fund	-3.51%	3.96%	11.85%	20.58%	21.22%	17.49%
ICICI Prudential Dividend Yield Equity Fund	-3.62%	3.79%	11.74%	23.62%	24.78%	18.62%
SBI Contra Fund	-3.71%	2.29%	7.43%	20.68%	22.18%	18.06%
ICICI Prudential Diversified Equity All Cap Omni FoF	-4.81%	1.4%	8.8%	20.98%	20.64%	12.46%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Multi Factor Passive FOF	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	11.32	0.83	1.44	2.34
ICICI Prudential Value Fund	11.1	0.81	1.23	2.08
ICICI Prudential Dividend Yield Equity Fund	11.93	0.87	1.38	2.16
SBI Contra Fund	12.08	0.91	1.15	1.76
ICICI Prudential Diversified Equity All Cap Omni FoF	11.67	0.89	1.21	1.86

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Multi Factor Passive FOF	N.A.	20 Cr	5 m	0.15%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	7 yrs 1 m	0.66%
ICICI Prudential Value Fund	N.A.	61,272 Cr	13 yrs 1 m	0.96%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11 yrs 9 m	0.57%
SBI Contra Fund	N.A.	49,967 Cr	13 yrs 1 m	0.71%
ICICI Prudential Diversified Equity All Cap Omni FoF	N.A.	258 Cr	5 yrs 11 m	0.46%

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

About this fund

About Mirae Asset Multi Factor Passive FOF

Mirae Asset Multi Factor Passive FOF Direct-Growth is a Strategy mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 5 m, having been launched on 11/08/2025. Mirae Asset Multi Factor Passive FOF Direct-Growth has ₹20 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Multi Factor Passive FOF Direct-Growth as of 02/02/2026 is ₹10.25. The fund has an expense ratio of 0.15%, which is less than what most other Strategy funds charge.

The fund has the majority of its money invested in Unclassified, Financial sectors. It has taken less exposure in Unclassified, Financial sectors compared to other funds in the category.
The fund's top 5 holdings are in Mirae Asset Nifty 200 Alpha 30 ETF - Growth, Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF - Growth, ICICI Prudential Nifty200 Value 30 ETF-Growth, Mirae Asset Nifty50 Equal Weight ETF-Growth, Mirae Asset Nifty 100 Low Volatility 30 ETF - Growth.

...

Fund AUM	20 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Ritesh Patel

Mr. 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.

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.

Mirae Asset Mutual Fund details

No. of schemes	48 view all schemes
Total AUM	2,29,565 Cr as on Dec 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Midcap Fund	N.A.	18,409 Cr	14.06%	19.82%
Mirae Asset Great Consumer Fund	N.A.	4,754 Cr	-1.61%	16.33%
Mirae Asset ELSS Tax Saver Fund	N.A.	27,196 Cr	11.39%	15.87%
Mirae Asset Healthcare Fund	N.A.	2,771 Cr	0.73%	15.79%
Mirae Asset Banking and Financial Services Fund	N.A.	2,216 Cr	24.72%	15.71%
Mirae Asset Large & Midcap Fund	N.A.	43,766 Cr	12.3%	15.69%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Multi Factor Passive FOF Direct-Growth?

The current Net Asset Value (NAV) of the Mirae Asset Multi Factor Passive FOF - Direct Growth plan is approximately ₹10.254 as of Feb 02, 2026.

How much does this mutual fund charge as expense ratio?

The Mirae Asset Multi Factor Passive FOF - Direct Growth has an expense ratio of 0.15%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Multi Factor Passive FOF currently has assets under management (AUM) or fund size valued at approximately 20 Cr as on Dec 31, 2025.

What is risk level of Mirae Asset Multi Factor Passive FOF?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Multi Factor Passive FOF Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Multi Factor Passive FOF - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Mirae Asset Multi Factor Passive FOF is complete.

How can I redeem my investments in Mirae Asset Multi Factor Passive FOF?

Redeeming your investments in the Mirae Asset Multi Factor Passive FOF is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Strategy

#NA

Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 3 Months .
Expense Ratio: This fund has the 2nd lowest expense ratio amongst actively/passively managed Strategy funds.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.05%, if redeemed within 5 days.