| Launch date | 11 Aug 2025 |
| Allotment date | 29 Aug 2025 |
| End date | 25 Aug 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.09%
Inclusive of GST
Exit load
Exit load of 0.05%, if redeemed within 5 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Ritesh PatelAug 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹2,31,683.80Cr |
| Date of Incorporation | 30 Nov 2007 |
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Mirae Asset Multi Factor Passive FOF Direct Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,31,684 Cr and the Latest NAV as of 12 Dec 2025 is ₹10.53. The Mirae Asset Multi Factor Passive FOF Direct Growth 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. ;
| Fund benchmark | NIFTY 500 Total Return Index |
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