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Mirae Asset Multi Factor Passive FOF - Direct Plan - IDCW

Mirae Asset · Fund of Funds
Moderate
₹10.71
Current NAV
25 Jun 2026
24.9%
1Y Return
10.9%
3Y CAGR
14.9%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.59%.
  • Generates significant excess returns relative to benchmark index (Alpha: 2.69).
  • Very large asset base (AUM: ₹18,740 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
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
0.69
Sharpe Ratio
0.89
Beta
2.69
Alpha
0.89
Sortino
Fund Details
Fund House Mirae Asset
Category Fund of Funds
AUM ₹18740 Cr
Expense Ratio 0.59%
Min SIP ₹500
Min Lumpsum ₹1000
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