Mirae Asset Multi Factor Passive FOF
Fund basics
Everything the NAV says
Computed from 259 published NAVs between 1 Sep 2025 and 18 Sep 2026 — 1.0 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Multi Factor Passive FOF Direct | -1.34 | -0.85 | 9.27 | 2.43 | — | — | — | — | 5.39 |
| Fund of Funds category median · 124 funds | — | — | — | 14.91 | 16.44 | 10.90 | — | 11.84 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Direct plan in Fund of Funds — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 24 Sep 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| Mirae Asset Multi Factor Passive FOF Direct | 14.03 | -0.08 | -0.11 | — | — | -12.48 |
Risk-free rate 6.5%. Beta and alpha need an index, so the benchmark's own row leaves them blank.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 14.0% | 10.0% | -0.08 | -0.11 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -12.5% | 1 months | -2.8% |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Calendar years
How it compares in its category
Against the Fund of Funds Direct schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| Mirae Asset Multi Factor Passive FOF Mirae Asset Mutual Fund · this scheme | — | — | — | 14.0% | -0.08 | -12.5% |
| DSP World Gold Mining Overseas Equity Omni FoF DSP Mutual Fund | 56.1% | — | — | 31.7% | 1.56 | -57.2% |
| Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset Mutual Fund | 53.1% | — | — | 26.5% | 1.76 | -43.7% |
| UTI Silver ETF Fund of Fund UTI Mutual Fund | 45.3% | — | — | 37.7% | 1.03 | -45.5% |
| Axis Silver Fund of Fund Axis Mutual Fund | 45.2% | — | — | 34.9% | 1.11 | -46.1% |
| Kotak Silver ETF Fund of Fund Kotak Mahindra Mutual Fund | 45.2% | — | — | 37.5% | 1.03 | -45.6% |
| ICICI Prudential Silver ETF FOF ICICI Prudential Mutual Fund | 45.1% | — | — | 32.8% | 1.18 | -45.5% |
| HDFC Silver ETF Fund of Fund HDFC Mutual Fund | 45.0% | — | — | 37.1% | 1.04 | -46.0% |
| Aditya Birla Sun Life Silver ETF FOF Aditya Birla Sun Life Mutual Fund | 44.9% | — | — | 33.9% | 1.13 | -45.3% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Fund of Funds scheme is
Invests in other mutual funds.
One fund holding several. Useful for reaching gold, overseas markets or a ready-made allocation in a single purchase — at the cost of a second layer of fees, and sometimes debt-fund taxation.
Who it suits. Investors wanting a packaged allocation or an asset they cannot buy directly.
How long money should stay. 5 years or more.
Questions people ask
What is the NAV of Mirae Asset Multi Factor Passive FOF — Direct Plan — Growth?
₹10.6080 as on 24 Sep 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of Mirae Asset Multi Factor Passive FOF?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
Invests in other mutual funds. One fund holding several. Useful for reaching gold, overseas markets or a ready-made allocation in a single purchase — at the cost of a second layer of fees, and sometimes debt-fund taxation.
How long should money stay in it?
Typically 5 years or more. Investors wanting a packaged allocation or an asset they cannot buy directly.