NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹10.57
0.54%
NAV as on 04 Feb 26, 12:00 AM
very high risk
thematic
equity
NAV as on 04 Feb 26, 12:00 AM
very high risk
thematic
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
5.72%p.a.
Since Inception
About Mirae Asset Multi Factor Passive FOF -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mirae Asset Multi Factor Passive FOF -Growth scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Thematic mutual fund scheme that predominantly invests in Thematic stocks of companies. Launched on Aug 2025, Mirae Asset Multi Factor Passive FOF -Growth is Thematic fund of its category with 19.84 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Thematic funds.
- Mirae Asset Multi Factor Passive FOF -Growth delivered 0.0% annual returns during the last year. It has delivered 5.7% average annual returns since the fund was launched.
- Mirae Asset Multi Factor Passive FOF -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The scheme seeks 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.
Top 10 Holdings
Repo
1.05%
Net Payables
-1.35%
Mirae Asset Nifty 100 Low Volatility 30 ETF - Growth
11.20%
Mirae Asset Nifty 200 Alpha 30 ETF - Growth
17.05%
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF - Growth
2.43%
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF - Growth
16.81%
ICICI Prudential Nifty200 Value 30 ETF-Growth
14.56%
Mirae Asset BSE 200 Equal Weight ETF-Growth
9.98%
Mirae Asset Nifty50 Equal Weight ETF-Growth
11.97%
ICICI Prudential Nifty Top 15 Equal Weight ETF-Growth
14.87%
Fund Managers
- Ritesh Patel (Aug 2025 - Present)
Key Information
View Scheme Document
Mirae Asset Multi Factor Passive FOF -Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Mirae Asset Multi Factor Passive FOF -Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mirae Asset Multi Factor Passive FOF -Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset Multi Factor Passive FOF -Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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