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News Mirae Asset Mutual Fund launches Mirae Asset Multi Factor Passive FOF
Aug 12, 2025
Mutual Fund
Mirae Asset Mutual Fund launches Mirae Asset Multi Factor Passive FOF
NFO period: 11th August - 25th August, 2025
Highlights of the NFO:
- Scheme type - An open-ended fund of fund scheme predominantly investing in units of factor based domestic equity ETFs
- Investment 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.
- Product suitability - This product is suitable for investors who are seeking to generate long term capital appreciation/income. Investments predominantly in units of factor based domestic equity exchange traded funds.
- Minimum Application Amount - Rs. 5000 and in multiples of Rs. 1 thereafter
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option)
- Fund Managers - Mr. Ritesh Patel
- Benchmark - NIFTY 500 Index (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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