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Mirae Asset Multi Factor Passive FOF - Direct Plan - Growth

Mirae Asset · Fund of Funds
Moderate
₹10.43
Current NAV
03 Nov 2026
-1.4%
1Y Return
17.7%
3Y CAGR
16.7%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.97%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.37).
  • Very large asset base (AUM: ₹18,420 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Moderate Risk
Low Moderate High Very High
Risk Metrics
1.37
Sharpe Ratio
1.27
Beta
-0.13
Alpha
1.88
Sortino
Fund Details
Fund House Mirae Asset
Category Fund of Funds
AUM ₹18420 Cr
Expense Ratio 0.97%
Min SIP ₹500
Min Lumpsum ₹1000
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