MUTUAL FUNDS
Mirae Asset MF introduces Multi Factor Passive FOF
Aug-11-2025

Mirae Asset Mutual Fund has launched Mirae Asset Multi Factor Passive FOF, an open-ended fund of fund scheme predominantly investing in units of factor based domestic equity ETFs. The NFO opens for subscription on August 11, 2025 and closes on August 25, 2025. The Entry Load is not applicable for the scheme. The Exit load will be 0.05% - If redeemed or switched out within 5 Calendar days from the date of allotment and Nil- If redeemed or switched out after 5 days from date of allotment. The minimum subscription amount is Rs 5,000 per application and in multiples of Re 1 thereafter.

The performance of the Scheme will be benchmarked with NIFTY 500 Index (TRI) and its fund manager is Ritesh Patel.

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. 


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