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Zerodha Multi Asset Passive FoF - Direct - Growth
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 79/100 · Good
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.23%
- AUM (15%)₹177 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Zerodha Mutual Fund · Hybrid · Multi Asset Allocation
₹11.5
AUM: ₹177 Cr
NAV updated 25 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
0.23%
Exit Load
Nil
Fund Manager
Kedarnath Mirajkar
Inception
Aug 2025
Sharpe Ratio
0.42
Std Dev (1Y)
13.81%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.73%
3m
+1.11%
6m
-0.93%
1y
+13.72%
3y
—
5y
—
10y
—
since inception
+13.6%
TopFund's Take on Zerodha Multi Asset Passive FoF - Direct - Growth
Zerodha Multi Asset Passive FoF - Direct - Growth holds up reasonably well within the Multi Asset Allocation category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 79/100.
Cost: At 0.23%, the expense ratio is meaningfully cheaper — about 63% below the Multi Asset Allocation category average of 0.62% (based on 210 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.42 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 13.81% is fairly typical for Multi Asset Allocation funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Zerodha Multi Asset Passive FoF - Direct - Growth
The current NAV (Net Asset Value) of Zerodha Multi Asset Passive FoF - Direct - Growth is ₹11.5. NAV is updated every business day after market close by AMFI.
1Y: 13.72%
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 to manage your investment.
Zerodha Multi Asset Passive FoF - Direct - Growth is managed by Kedarnath Mirajkar at Zerodha Mutual Fund.
Zerodha Multi Asset Passive FoF - Direct - Growth is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Zerodha Multi Asset Passive FoF - Direct - Growth is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Zerodha Multi Asset Passive FoF - Direct - Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Zerodha Multi Asset Passive FoF - Direct - Growth is ₹177 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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