What is MINIFS function?
The MINIFS function is a new function in Excel 2016, used to find the smallest value that satisfies a given condition.
Learn more at Microsoft Support.
Usage
The function: MINIFS returns the smallest value that satisfies one or more given conditions.
Follow the following example:

I applied the function MINIFS to filter out the lowest score among the boys.
Range D3:D17 is score, range C3:C17 contains gender, I condition this range to match male.
The result is 4.0.
How to use
Formula:
=MINIFS(min_range, criteria_range1, criteria1, criteria_range2, criteria2,...)
- Min_range: The data range to find the smallest value.
- Criteria_range: The area where the condition needs to be set.
- Criteria: The condition.
Notice:
- The function only applies to Excel versions from 2016 or later, see instructions for installing Excel 365 here.
- Does not distinguish uppercase or lowercase characters.
- You can use wildcard characters like * or ?.
- The min_range and criteria_range coordinates must coincide to avoid the #Value! error.
Above is an article on how to use te function MINIFS in Excel.
Wish you success in applying to work or study!

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