Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹99 & Lump. ₹5000

AUM (Fund size)

20 Cr

Lock In Period

N/A

Expense Ratio

0.64

Benchmark

NIfty 500 Total Return

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

Summary

Latest details for Mirae Asset Multi Factor Passive FOF Growth include a 10.621 NAV as of Apr 21,2026 and returns since inception of --%. Minimum investments start at SIP ₹99. The Mirae Asset Multi Factor Passive FOF Growth AUM is ₹20 Cr, with a lock-in of N/A years, expense ratio of 0.64%, and benchmark NIfty 500 Total Return. Exit load is - 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. In the growth review for 1M Month/Year, the fund recorded 8.68% returns, against a category average of 0.95% and a category best of 19.38%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M8.680.9519.38
6M0.791.7561.37
1Y0.005.81155.94
3Y0.0014.48261.81

Portfolio Analysis

  • Equity:
  • Debt: 0.03%
  • Others
As on: 2026-03-31
View allocation % by

1. TREPS1.62%
2. Net Receivables / (Payables)-1.59%

About Fund

Mirae Asset Multi Factor Passive FOF Growth managed by Mirae Asset Mutual Fund,is a Funds of Fundsscheme with Assets Under Management of ₹20 Crore. The fund benchmarks its performance against the NIfty 500 Total Return while maintaining an expense ratio of 0.64. Under the expert guidance of Ritesh Patel ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Ritesh Patel

Mr. Ritesh Patel holds Bachelors in financial market, CMT L-2 Candidate. Mr. Ritesh Patel has over 10 years of experience in Commodities market. Prior to joining Mirae Asset Investment Managers (India) Private Limited, Mr. Patel has worked with companies like Aditya Birla Money Ltd, IIFL Securities, Ventura Securities, Choice Broking Pvt. Ltd and Waves research.

Peer Comparison

Fund Name1Y3Y
This FundUnion Gold ETF Fund of Fund Growth52.71250
This FundAxis Gold and Silver Passive FOF Growth00
This FundMirae Asset Multi Factor Passive FOF Growth00
This FundKotak Silver ETF Fund of Fund Growth152.3954215.0699
This FundMirae Asset NYSE FANG + ETF Fund of Fund Growth53.3451257.6399

FAQs

Mirae Asset Multi Factor Passive FOF Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Mirae Asset Multi Factor Passive FOF Growth is 0.64. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Mirae Asset Multi Factor Passive FOF Growth’s fund performance is as follows:
  • 1 Month : 8.68%
  • 6 Months : 0.79%
  • 1 Year : 0.00%
  • 3 Years : 0.00%
Returns of Mirae Asset Multi Factor Passive FOF Growth are updated daily based on NAV of ₹ 10.621 as on Apr 21,2026. Since inception, the return has been 0.00%.

You can invest in Mirae Asset Multi Factor Passive FOF Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Mirae Asset Multi Factor Passive FOF Growth is ₹20 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Mirae Asset Multi Factor Passive FOF Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500