Mirae Asset Midcap Fund- Direct Growth Fund
Mirae Asset Investment Managers (India) Private Limited · Direct Plan · Growth
Fund overview
1% on or before 365D, Nil after 365D
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹5,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹5,000 | ₹6,064 | +1,064 |
| 3 Years | ₹5,000 | ₹8,919 | +3,919 |
| 5 Years | ₹5,000 | ₹13,119 | +8,119 |
Calculated using the fund's annualised return since inception (21.3% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
65 securitiesTop 10 holdings make up 28.9% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| Laurus Labs Ltd | Pharmaceuticals & Biotechnology | Mid Cap | 4.31% |
| Steel Authority Of India Ltd | Ferrous Metals | Mid Cap | 3.76% |
| HDB Financial Services Ltd | Financial Services | Mid Cap | 3.36% |
| Lupin Ltd | Pharmaceuticals & Biotechnology | Mid Cap | 3.34% |
| Delhivery Ltd | Transport Services | Small Cap | 3.01% |
| Hero Motocorp Ltd | Automobiles & Components | Mid Cap | 2.89% |
| Persistent Systems Ltd | IT - Software | Mid Cap | 2.86% |
| Indusind Bank Ltd | Banks | Mid Cap | 2.69% |
| Swiggy Ltd | Retailing | Mid Cap | 2.67% |
| Dixon Technologies (India) Ltd | Consumer Durables | Mid Cap | 2.66% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹19,539 Cr
Market Cap Split
Total Value
100%
Equity sector allocation
Total Value
₹19,110 Cr
Exit load, stamp duty & tax
29-Jul-19
1% on or before 365D, Nil after 365D
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | 13.20% |
| Beta | 0.99 |
| Sharpe Ratio | 2.86 |
| Sortino Ratio | -0.49 |
| Treynor Ratio | 0.38 |
| Jensen's Alpha | -6.62 |
| Information Ratio | -0.59 |
| R-Squared | 93.65% |
| Max Drawdown | -4.16% |
| Upside Capture | 87.45% |
| Downside Capture | 130.94% |
Fund management
Scheme Details
Investment objective
The Investment Objective Of The Scheme Is To Provide Long-Term Capital Appreciation From A Portfolioinvesting Predominantly In Indian Equity And Equity Related Securities Of Midcap Companies. From Time To Time, The Fund Manager May Also Participate In Other Indian Equities And Equity Related Securities For Optimal Portfolio Construction. There Is No Assurance That The Investment Objective Of The Scheme Will Be Realized.
Fund house
Mirae Asset Investment Managers (India) Private Limited
Frequently asked questions
What is the NAV of Mirae Asset Midcap Fund- Direct Growth Fund?
The NAV of Mirae Asset Midcap Fund- Direct Growth Fund is ₹40.38 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by Mirae Asset Midcap Fund- Direct Growth Fund?
The expense ratio charged by Mirae Asset Midcap Fund- Direct Growth Fund is 0.97%.
What is the Min. SIP of Mirae Asset Midcap Fund- Direct Growth Fund?
The minimum SIP investment in Mirae Asset Midcap Fund- Direct Growth Fund is ₹99 per month.
What is the Min. Lumpsum of Mirae Asset Midcap Fund- Direct Growth Fund?
The minimum lumpsum investment in Mirae Asset Midcap Fund- Direct Growth Fund is ₹5,000.
What is the Exit Load of Mirae Asset Midcap Fund- Direct Growth Fund?
The exit load for Mirae Asset Midcap Fund- Direct Growth Fund is: 1% on or before 365D, Nil after 365D
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