Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

+20.03%
3Y annualised
-3.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Mar '26
₹37.08
Min. for SIP
₹99
Fund size
₹18,070.30 Cr
Expense ratio
0.57%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹27,897
-7.01%
1 year₹60,000₹57,772
-3.71%
3 years₹1,80,000₹2,01,340
+11.86%
5 years₹3,00,000₹4,12,899
+37.63%

Holdings (66)

NameSectorInstrumentsAssets
Bharat Forge Ltd.AutomobileEquity3.87%
The Federal Bank Ltd.FinancialEquity3.79%
Indusind Bank Ltd.FinancialEquity3.68%
Lupin Ltd.HealthcareEquity3.61%
Delhivery Ltd.ServicesEquity2.95%
Hero Motocorp Ltd.AutomobileEquity2.81%
Steel Authority Of India Ltd.Metals & MiningEquity2.79%
Tata Communications Ltd.CommunicationEquity2.53%
Dalmia Bharat Ltd.ConstructionEquity2.49%
Laurus Labs Ltd.HealthcareEquity2.49%
PB Fintech Ltd.ServicesEquity2.45%
Swiggy Ltd.ServicesEquity2.33%
L&T Finance Ltd.FinancialEquity2.31%
Prestige Estates Projects Ltd.ConstructionEquity2.29%
Bharat Heavy Electricals Ltd.Capital GoodsEquity2.16%
Persistent Systems Ltd.TechnologyEquity2.02%
FSN E-Commerce Ventures Ltd.ServicesEquity2.02%
Multi Commodity Exchange Of India Ltd.ServicesEquity2.00%
Axis Bank Ltd.FinancialEquity1.88%
HDB Financial Services Ltd.FinancialEquity1.85%
Oracle Financial Services Software Ltd.TechnologyEquity1.79%
SRF Ltd.ChemicalsEquity1.78%
Biocon Ltd.HealthcareEquity1.76%
Container Corporation Of India Ltd.ServicesEquity1.75%
Go Digit General Insurance Ltd.InsuranceEquity1.70%
PI Industries Ltd.ChemicalsEquity1.69%
Narayana Hrudayalaya Ltd.HealthcareEquity1.69%
Gland Pharma Ltd.HealthcareEquity1.69%
Dixon Technologies (India) Ltd.Capital GoodsEquity1.69%
Ceat Ltd.AutomobileEquity1.67%
Apollo Hospitals Enterprise Ltd.HealthcareEquity1.56%
Voltas Ltd.Consumer DiscretionaryEquity1.54%
Tata Power Company Ltd.EnergyEquity1.53%
Aditya Birla Capital Ltd.FinancialEquity1.34%
3M India Ltd.Consumer StaplesEquity1.25%
Bata India Ltd.Consumer StaplesEquity1.20%
One97 Communications Ltd.ServicesEquity1.20%
Hindustan Petroleum Corporation Ltd.EnergyEquity1.18%
HDFC Asset Management Company Ltd.FinancialEquity1.14%
Cummins India Ltd.Capital GoodsEquity1.10%
SKF India (Industrial) Ltd.Capital GoodsEquity1.10%
Gujarat Gas Ltd.EnergyEquity1.01%
Max Financial Services Ltd.FinancialEquity0.99%
UPL Ltd.ChemicalsEquity0.94%
Gujarat State Petronet Ltd.EnergyEquity0.92%
The Phoenix Mills Ltd.ConstructionEquity0.82%
MRF Ltd.AutomobileEquity0.77%
Pine Labs Ltd.FinancialEquity0.76%
KPIT Technologies Ltd.TechnologyEquity0.73%
Syngene International Ltd.HealthcareEquity0.73%
Schaeffler India Ltd.Capital GoodsEquity0.70%
Jyothy Labs Ltd.Consumer StaplesEquity0.69%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity0.69%
Gujarat Fluorochemicals Ltd.ChemicalsEquity0.65%
TeamLease Services Ltd.ServicesEquity0.61%
SKF India Ltd.Capital GoodsEquity0.60%
Century Plyboards (India) Ltd.Consumer StaplesEquity0.56%
Interglobe Aviation Ltd.ServicesEquity0.53%
Campus Activewear Ltd.Consumer StaplesEquity0.44%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.43%
Mirae Asset Money Market Fund Direct - Growth--Mutual Fund0.33%
Prince Pipes and Fittings Ltd.ChemicalsEquity0.30%
AWL Agri Business Ltd.Consumer StaplesEquity0.28%
Mirae Asset Liquid Fund Direct- Growth--Mutual Fund0.20%
Ola Electric Mobility Ltd.AutomobileEquity0.16%
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+11.5%+20.0%+17.8%+21.8%
Category average (Equity Mid Cap)+2.0%+21.6%+21.5%--
Rank (Equity Mid Cap)32716--

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

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Compare similar funds

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 ₹2,24,201 Cr and the Latest NAV as of 19 Mar 2026 is ₹37.08. The Mirae Asset Midcap Fund Direct Growth is rated Moderately 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₹2,24,201.22 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,