A Oneindia Venture

Mirae Asset Multi Factor Passive FOF NFO

By Mirae Asset Mutual Fund Others Fund of Funds
NFO Closed

Offer Price

₹10.00

Min. Investment

₹5000

Open Date

11 Aug 2025

Close Date

25 Aug 2025

Mirae Asset Multi Factor Passive FOF is a New Fund Offer (NFO) by Mirae Asset Global Investments (India) Pvt. Ltd. categorized under Fund of Funds. The NFO is open for subscription from 11 Aug 2025 to 25 Aug 2025. Investors can subscribe with a lumpsum investment of ₹5,000. The offer price is ₹10.00 per unit. The fund will be managed by Ritesh Patel. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.09%. It will benchmark against NIfty 500 Total Return.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
11 Aug 2025 to 25 Aug 2025
Min. Lumpsum Amount
₹5000
Scheme Type
Open Ended
Category
Others - Fund of Funds
Risk Level
Very High
Expected Expense Ratio
0.09%
Exit Load
0.05%
Benchmark
NIfty 500 Total Return
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

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.

AMC Details

Name
Mirae Asset Mutual Fund
Fund Manager
Mr. Ritesh Patel (Equity)
Website
http://www.miraeassetmf.co.in

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Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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