About Mirae Asset Multi Factor Passive FOF
Mirae Asset Multi Factor Passive FOF is a fund of funds (domestic) managed by Mirae Asset Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.
The investment objective of the scheme is 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.
The scheme's stated objective, as published by Mirae Asset Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹10.713 | 153816 |
| Direct | IDCW | ₹10.711 | 153817 |
| Regular | Growth | ₹10.653 | 153818 |
| Regular | IDCW | ₹10.636 | 153819 |
Frequently asked questions
What is the NAV of Mirae Asset Multi Factor Passive FOF today?
The NAV of Mirae Asset Multi Factor Passive FOF (Direct plan, Growth) is ₹10.713 and the Regular plan NAV is ₹10.653, as of 18 Sept 2026.
What returns has Mirae Asset Multi Factor Passive FOF given?
Over the last year the Direct plan returned 2.43%. Past returns do not guarantee future returns.
What is the expense ratio of Mirae Asset Multi Factor Passive FOF?
The Direct plan charges 1.99% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Mirae Asset Multi Factor Passive FOF?
You can start a monthly SIP with ₹99, or invest a lump sum of ₹5,000 or more.
How much has Mirae Asset Multi Factor Passive FOF fallen in the past?
Its deepest fall was 12.5% from 11 Feb 2026 to 30 Mar 2026. Of every one-year stretch in its history, 100% ended in a gain.
Which category does Mirae Asset Multi Factor Passive FOF belong to?
It is a Fund of Funds (Domestic) from Mirae Asset Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Mirae Asset Multi Factor Passive FOF taxed?
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.