Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

+22.32%
3Y annualised
+0.27% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Apr '26
₹40.82
Min. for SIP
₹99
Fund size (AUM)
₹16,193.93 Cr
Expense ratio
0.94%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹30,425
+1.42%
1 year₹60,000₹62,308
+3.85%
3 years₹1,80,000₹2,16,069
+20.04%
5 years₹3,00,000₹4,44,478
+48.16%

Holdings (65)

NameSectorInstrumentsAssets
Lupin Ltd.HealthcareEquity3.99%
Bharat Forge Ltd.AutomobileEquity3.72%
Indusind Bank Ltd.FinancialEquity3.32%
The Federal Bank Ltd.FinancialEquity3.20%
Steel Authority Of India Ltd.Metals & MiningEquity3.17%
Delhivery Ltd.ServicesEquity3.16%
PB Fintech Ltd.ServicesEquity2.96%
Hero Motocorp Ltd.AutomobileEquity2.78%
Laurus Labs Ltd.HealthcareEquity2.74%
Dalmia Bharat Ltd.ConstructionEquity2.69%
Swiggy Ltd.ServicesEquity2.59%
Tata Communications Ltd.CommunicationEquity2.42%
Bharat Heavy Electricals Ltd.Capital GoodsEquity2.23%
FSN E-Commerce Ventures Ltd.ServicesEquity2.20%
Persistent Systems Ltd.TechnologyEquity2.18%
L&T Finance Ltd.FinancialEquity2.18%
SRF Ltd.ChemicalsEquity2.14%
Prestige Estates Projects Ltd.ConstructionEquity2.07%
Dixon Technologies (India) Ltd.Capital GoodsEquity1.97%
Oracle Financial Services Software Ltd.TechnologyEquity1.94%
Multi Commodity Exchange Of India Ltd.ServicesEquity1.89%
Go Digit General Insurance Ltd.InsuranceEquity1.88%
HDB Financial Services Ltd.FinancialEquity1.88%
Narayana Hrudayalaya Ltd.HealthcareEquity1.78%
Gland Pharma Ltd.HealthcareEquity1.76%
One97 Communications Ltd.ServicesEquity1.75%
Ceat Ltd.AutomobileEquity1.71%
Container Corporation Of India Ltd.ServicesEquity1.67%
PI Industries Ltd.ChemicalsEquity1.65%
Aditya Birla Capital Ltd.FinancialEquity1.63%
Apollo Hospitals Enterprise Ltd.HealthcareEquity1.60%
Voltas Ltd.Consumer DiscretionaryEquity1.60%
Biocon Ltd.HealthcareEquity1.53%
Axis Bank Ltd.FinancialEquity1.49%
HDFC Asset Management Company Ltd.FinancialEquity1.39%
3M India Ltd.Consumer StaplesEquity1.37%
The Phoenix Mills Ltd.ConstructionEquity1.30%
Bata India Ltd.Consumer StaplesEquity1.03%
SKF India (Industrial) Ltd.Capital GoodsEquity1.03%
Schaeffler India Ltd.Capital GoodsEquity0.97%
Tata Power Company Ltd.EnergyEquity0.97%
UPL Ltd.ChemicalsEquity0.94%
MRF Ltd.AutomobileEquity0.79%
Max Financial Services Ltd.FinancialEquity0.78%
Gujarat State Petronet Ltd.EnergyEquity0.77%
Oil India Ltd.EnergyEquity0.74%
Cummins India Ltd.Capital GoodsEquity0.73%
Hindustan Petroleum Corporation Ltd.EnergyEquity0.66%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity0.65%
Gujarat Gas Ltd.EnergyEquity0.65%
Jyothy Labs Ltd.Consumer StaplesEquity0.64%
Gujarat Fluorochemicals Ltd.ChemicalsEquity0.63%
TeamLease Services Ltd.ServicesEquity0.63%
Pine Labs Ltd.FinancialEquity0.63%
Mankind Pharma Ltd.HealthcareEquity0.61%
Century Plyboards (India) Ltd.Consumer StaplesEquity0.60%
SKF India Ltd.Capital GoodsEquity0.55%
Syngene International Ltd.HealthcareEquity0.49%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.41%
Campus Activewear Ltd.Consumer StaplesEquity0.41%
Prince Pipes and Fittings Ltd.ChemicalsEquity0.28%
Mirae Asset Liquid Fund Direct- Growth--Mutual Fund0.23%
Ola Electric Mobility Ltd.AutomobileEquity0.16%
Mirae Asset Money Market Fund Direct - Growth--Mutual Fund0.07%
AU Small Finance Bank Ltd.FinancialEquity0.05%
See All

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99

Returns and rankings

Annualised returns
Absolute returns
Name1Y3Y5YAll
Fund returns+15.7%+22.3%+19.0%+23.1%
Category average (Equity Mid Cap)+2.0%+21.6%+21.5%--
Rank (Equity Mid Cap)62818--

Exit load, stamp duty and tax

Exit load

Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 years.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data

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Nippon India Growth Mid Cap Fund Direct Growth
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Fund management

AJ
Ankit Jain
Jul 2019 - Present
View details

Education
Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.

About Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ankit Jain is the Current Fund Manager of Mirae Asset Midcap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,00,688 Cr and the Latest NAV as of 29 Apr 2026 is ₹40.82. The Mirae Asset Midcap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 years. ;

Investment Objective

The scheme seeks to provide long-term capital appreciation from a portfolio investing 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.;
Fund benchmarkNIFTY Midcap 150 Total Return Index

Fund house

Rank (total assets)#13 in India
Total AUM₹2,00,687.68 Cr
Date of Incorporation30 Nov 2007
Phone022-67800301 / 1800-2090-777
E-mail--
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,