Offer Price
₹10.00
Min. Investment
₹5000
Open Date
11 Aug 2025
Close Date
25 Aug 2025
Fund Status
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.
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.
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