zerodha multi asset passive fof directgrowth

Zerodha Multi Asset Passive FoF Direct-Growth

Hybrid: Multi Asset Allocation - Growth (Open ended)

Zerodha Multi Asset Passive FoF Direct-GrowthNAV: 11.54 as on 06 Sep, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Very HighCategory: Hybrid: Multi Asset AllocationCheck Portfolio Overlap →

NAV: ₹11.54-0.63%

07 Sept 2026

1 Week returns: -1.06 %

Category rank: 22/33

1 Month returns: -1.05 %

Category rank: 24/33

1 Year CAGR: 13.07 %

Category rank: 12/27

3 Years CAGR: -

Category rank: -

5 Years CAGR: -

Category rank: -

52 week high/low

₹10.17

₹11.86

AUM

177.00

Expense Ratio

0.23

Inception

1755648.00

P/E

23.50

P/B

3.39

Credit Risk

IR Risk

YTM

Duration

Maturity

Return 3Y

Return 5Y

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.

Positive

Not enough talking points with positive stance

Negative

Not enough talking points with negative stance

Neutral

Not enough performance data

Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis

Scheme Overview

The scheme seeks to provide diversified exposure across multiple asset classes-equity, debt, and commodities-through a passive investment approach. By blending asset classes with low correlation, this scheme seeks to offer better risk-adjusted returns while reducing overall portfolio volatility.

Scheme Category Overview →

Plan Variants

No variants available.

Fund Managers

Kedarnath Mirajkar

Since: 25 Jul 2025

View details

Education

Mr. Mirajkar has done PGDBM (Finance)

Past Experience

Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.

Funds managed (23)

1.Zerodha Nifty Large Midcap 250 Index Fund20 Oct 2023 – Present

2.Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund20 Oct 2023 – Present

3.Zerodha Nifty 1D Rate Liquid ETF18 Jan 2025 – Present

4.Zerodha Gold ETF4 Sep 2024 – Present

5.Zerodha Nifty 100 ETF27 May 2024 – Present

6.Zerodha Nifty Midcap 150 ETF27 May 2024 – Present

7.Zerodha Gold ETF FoF25 Oct 2024 – Present

8.Zerodha Silver ETF10 Mar 2025 – Present

9.Zerodha Overnight Fund19 Mar 2025 – Present

10.Zerodha Silver ETF FoF23 Jun 2025 – Present

11.Zerodha Multi Asset Passive FoF25 Jul 2025 – Present

12.Zerodha Nifty 8-13 Yr G-Sec ETF8 Aug 2025 – Present

13.Zerodha Nifty Smallcap 100 ETF25 Aug 2025 – Present

14.Zerodha Nifty 50 Index Fund26 Sep 2025 – Present

15.Zerodha Nifty 50 ETF26 Sep 2025 – Present

16.Zerodha BSE SENSEX Index Fund20 Oct 2025 – Present

17.Zerodha Nifty Short Duration G-Sec Index Fund26 Dec 2025 – Present

18.Zerodha Nifty MidSmallcap400 50:50 Index Fund23 Mar 2026 – Present

19.Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund1 Apr 2026 – Present

20.Zerodha Life Cycle Fund 203619 Jun 2026 – Present

21.Zerodha Life Cycle Fund 204119 Jun 2026 – Present

22.Zerodha Arbitrage Fund12 Aug 2026 – Present

23.Zerodha Life Cycle Fund 203127 Aug 2026 – Present

Key Scheme Details

Inception

20 Aug 2025

Expense Ratio

0.23%

AUM

₹177 Cr

Lock in

No lock in

Taxation

Others

Min. Investment

₹100

Min. Addl Investment

Min. SIP Investment

₹100

Exit load

AMC Overview

Zerodha Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:

Jul 31, 2026

Total AUM: ₹ 16,687 Cr

Debt

₹ 10,482 Cr

Commodities

₹ 3,473 Cr

Equity

₹ 2,513 Cr

Hybrid

₹ 219 Cr

	Nov 30, 2023	Dec 31, 2023	Jan 31, 2024	Feb 29, 2024	Mar 31, 2024	Apr 30, 2024	May 31, 2024	Jun 30, 2024	Aug 31, 2024	Sep 30, 2024	Oct 31, 2024	Nov 30, 2024	Dec 31, 2024	Jan 31, 2025	Feb 28, 2025	Mar 31, 2025	Apr 30, 2025	May 31, 2025	Jun 30, 2025	Jul 31, 2025	Aug 31, 2025	Sep 30, 2025	Oct 31, 2025	Nov 30, 2025	Dec 31, 2025	Jan 31, 2026	Feb 28, 2026	Mar 31, 2026	Apr 30, 2026	May 31, 2026	Jun 30, 2026	Jul 31, 2026
equity	140 Cr	206 Cr	267 Cr	307 Cr	352 Cr	415 Cr	469 Cr	594 Cr	737 Cr	807 Cr	843 Cr	916 Cr	967 Cr	1,014 Cr	983 Cr	1,113 Cr	1,201 Cr	1,295 Cr	1,398 Cr	1,413 Cr	1,454 Cr	1,539 Cr	1,669 Cr	1,772 Cr	1,854 Cr	1,907 Cr	2,016 Cr	1,974 Cr	2,288 Cr	2,356 Cr	2,411 Cr	2,513 Cr
hybrid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30 Cr	52 Cr	71 Cr	86 Cr	105 Cr	125 Cr	140 Cr	140 Cr	174 Cr	191 Cr	190 Cr	219 Cr
debt	-	-	102 Cr	250 Cr	670 Cr	843 Cr	1,254 Cr	1,438 Cr	2,008 Cr	2,259 Cr	2,735 Cr	3,250 Cr	3,015 Cr	3,458 Cr	3,896 Cr	3,981 Cr	4,801 Cr	4,651 Cr	4,899 Cr	5,132 Cr	5,451 Cr	5,528 Cr	5,911 Cr	6,738 Cr	7,766 Cr	8,363 Cr	8,936 Cr	8,670 Cr	9,438 Cr	9,936 Cr	9,926 Cr	10,482 Cr
commodities	-	-	-	35 Cr	42 Cr	52 Cr	55 Cr	60 Cr	73 Cr	83 Cr	100 Cr	142 Cr	154 Cr	187 Cr	195 Cr	244 Cr	306 Cr	320 Cr	361 Cr	442 Cr	528 Cr	864 Cr	1,219 Cr	1,393 Cr	1,952 Cr	3,850 Cr	3,628 Cr	3,318 Cr	3,416 Cr	3,575 Cr	3,308 Cr	3,473 Cr
Total	140 Cr	206 Cr	369 Cr	592 Cr	1,064 Cr	1,310 Cr	1,778 Cr	2,092 Cr	2,818 Cr	3,149 Cr	3,678 Cr	4,308 Cr	4,136 Cr	4,660 Cr	5,074 Cr	5,339 Cr	6,307 Cr	6,266 Cr	6,657 Cr	6,987 Cr	7,464 Cr	7,982 Cr	8,870 Cr	9,989 Cr	11,677 Cr	14,246 Cr	14,719 Cr	14,101 Cr	15,316 Cr	16,058 Cr	15,835 Cr	16,687 Cr

AMC Details

AMC

Zerodha Mutual Fund

CEO

Vishal Jain(Chief Executive Officer)

IRO

Vaibhav Jalan

Trustee

Zerodha Trustee Private Limited

Website

http://www.zerodhafundhouse.com

Address

153/154, 4th Cross, J.P Nagar 4th Phase,, Opp. Clarence Public School,, Bengaluru

Frequently Asked Questions

What is the current NAV of Zerodha Multi Asset Passive FoF Direct-Growth?

The current NAV of Zerodha Multi Asset Passive FoF Direct-Growth is ₹11.54 as of 6 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.

What is the AUM of Zerodha Multi Asset Passive FoF Direct-Growth?

The AUM (Assets Under Management) of Zerodha Multi Asset Passive FoF Direct-Growth is ₹177 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.

What is the expense ratio of Zerodha Multi Asset Passive FoF Direct-Growth?

The expense ratio of Zerodha Multi Asset Passive FoF Direct-Growth is 0.23% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.

Who is the fund manager of Zerodha Multi Asset Passive FoF Direct-Growth?

Zerodha Multi Asset Passive FoF Direct-Growth is managed by Kedarnath Mirajkar. You can check the full list of fund managers in the "Fund Manager" section above.

What is the benchmark of Zerodha Multi Asset Passive FoF Direct-Growth?

The benchmark of Zerodha Multi Asset Passive FoF Direct-Growth is -. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.

When was Zerodha Multi Asset Passive FoF Direct-Growth launched?

Zerodha Multi Asset Passive FoF Direct-Growth was launched on 20 Aug 2025. The fund has been in existence for 1 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.

What is the minimum investment in Zerodha Multi Asset Passive FoF Direct-Growth?

The minimum investment in Zerodha Multi Asset Passive FoF Direct-Growth is ₹100 for a lump sum and ₹100 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.

What is the exit load on Zerodha Multi Asset Passive FoF Direct-Growth?

The exit load on Zerodha Multi Asset Passive FoF Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.

What category does Zerodha Multi Asset Passive FoF Direct-Growth belong to?

Zerodha Multi Asset Passive FoF Direct-Growth belongs to the Hybrid: Multi Asset Allocation category. You can view other funds in this category.

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equity

140 Cr

206 Cr

267 Cr

307 Cr

352 Cr

415 Cr

469 Cr

594 Cr

737 Cr

807 Cr

843 Cr

916 Cr

967 Cr

1,014 Cr

983 Cr

1,113 Cr

1,201 Cr

1,295 Cr

1,398 Cr

1,413 Cr

1,454 Cr

1,539 Cr

1,669 Cr

1,772 Cr

1,854 Cr

1,907 Cr

2,016 Cr

1,974 Cr

2,288 Cr

2,356 Cr

2,411 Cr

2,513 Cr

hybrid

30 Cr

52 Cr

71 Cr

86 Cr

105 Cr

125 Cr

140 Cr

174 Cr

191 Cr

190 Cr

219 Cr

debt

102 Cr

250 Cr

670 Cr

843 Cr

1,254 Cr

1,438 Cr

2,008 Cr

2,259 Cr

2,735 Cr

3,250 Cr

3,015 Cr

3,458 Cr

3,896 Cr

3,981 Cr

4,801 Cr

4,651 Cr

4,899 Cr

5,132 Cr

5,451 Cr

5,528 Cr

5,911 Cr

6,738 Cr

7,766 Cr

8,363 Cr

8,936 Cr

8,670 Cr

9,438 Cr

9,936 Cr

9,926 Cr

10,482 Cr

commodities

35 Cr

42 Cr

52 Cr

55 Cr

60 Cr

73 Cr

83 Cr

100 Cr

142 Cr

154 Cr

187 Cr

195 Cr

244 Cr

306 Cr

320 Cr

361 Cr

442 Cr

528 Cr

864 Cr

1,219 Cr

1,393 Cr

1,952 Cr

3,850 Cr

3,628 Cr

3,318 Cr

3,416 Cr

3,575 Cr

3,308 Cr

3,473 Cr

Total

140 Cr

206 Cr

369 Cr

592 Cr

1,064 Cr

1,310 Cr

1,778 Cr

2,092 Cr

2,818 Cr

3,149 Cr

3,678 Cr

4,308 Cr

4,136 Cr

4,660 Cr

5,074 Cr

5,339 Cr

6,307 Cr

6,266 Cr

6,657 Cr

6,987 Cr

7,464 Cr

7,982 Cr

8,870 Cr

9,989 Cr

11,677 Cr

14,246 Cr

14,719 Cr

14,101 Cr

15,316 Cr

16,058 Cr

15,835 Cr

16,687 Cr