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Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

Equity
Mid Cap
Moderately High Risk
7.50%
1M return
+0.31% 1D
1M
6M
1Y
All
NAV: 17 Jan 2022₹22.79
Min. SIP amount₹1,000
RatingNA
Fund size₹7,034.86Cr

Returns and rankings

Category: Equity Mid Cap
Absolute returns
3M6M1YAll
Fund returns1.6%15.3%47.1%127.2%
Category averageNANA72.8%NA
Rank with in category111410NA
Understand terms

Holdings (52)

NameSectorInstrumentAssets
FinancialEquity3.5%
FinancialEquity3.3%
MetalsEquity3.1%
AutomobileEquity3.1%
Consumer DurableEquity2.9%
FinancialEquity2.8%
FinancialEquity2.7%
Consumer DurableEquity2.7%
EnergyEquity2.7%
FinancialEquity2.6%
See All

Pros and cons

Category: Equity Mid Cap

Pros

Lower expense ratio: 0.48%

Cons

Higher AUM: 6748Cr. Funds with a higher AUM tend to have lower returns in the future
Low rating: 0

Expense ratio, exit load and tax

Expense ratio: 0.48%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Ankit Jain
Jul 2019 - Present
View details

Fund house & investment objective

Fund house contact details

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FAQs

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