Mirae Asset Multi Factor Passive FOF
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.
Growthvine rating: 1/5 — ranked #153 of 179 in category.
Fund basics
| Category | Equity: Thematic |
|---|
| NAV | ₹10.87 (as of 2026-08-21) |
|---|
| AUM | ₹26 Cr |
|---|
| Expense ratio | 0.50% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Ritesh Patel |
|---|
| Exit load | 0.05% for redemption within 5 days |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | -12.53% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 69.8% of NIFTY Alpha 50's upside and 74.3% of its downside.
Market cap allocation
| Large cap | 54.4% |
|---|
| Mid cap | 27.8% |
|---|
| Small cap | 17.9% |
|---|
Concentration
| Top 5 holdings | 71.8% |
|---|
| Top 10 holdings | 99.8% |
|---|
| Total holdings | 8 |
|---|
Top holdings
- Mirae Asset Nifty 200 Alpha 30 ETF — 19.4%
- Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF — 15.6%
- Mirae Asset Nifty 50 Equal Weight ETF — 12.3%
- Mirae Asset BSE 200 Equal Weight ETF — 12.2%
- Mirae Asset Nifty 500 Value 50 ETF - Regular Plan - Growth — 12.2%
- Mirae Asset BSE 500 Dividend Leaders 50 ETF - Regular Plan - Growth — 11.0%
- Mirae Asset Nifty Top 20 Equal Weight ETF — 10.9%
- Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF — 6.2%
- TREPS — 0.3%
- Net Receivables / (Payables) — -0.0%
Top sectors
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 2.7% | Q3 | #92 of 167 |