Mirae Asset Multi Factor Passive FOF Direct IDCW

Mirae Asset Multi Factor Passive FOF Direct IDCW is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ritesh Patel is the Current Fund Manager of Mirae Asset Multi Factor Passive FOF Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,08,110 Cr and the Latest NAV as of 29 Oct 2025 is ₹10.61. The Mirae Asset Multi Factor Passive FOF Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.05%, if redeemed within 5 days. ;

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. ;