Mirae Asset Midcap Fund Direct Growth+1.34%

3Groww
0.00%
1 Year Return
Equity
Mid Cap
3.0 star
All

Fund Details

Mirae Asset Midcap Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.58%
NAV10.72 (18 Oct 2019)
Fund Started28 Jul 2019
Fund Size846 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Midcap Fund Direct Growth
NA
NA
NA
7.2%
Category Average
0.6%
6.3%
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with 31.0% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Federal Bank Ltd.FinancialEquity3.7%
    ICICI Bank Ltd.FinancialEquity3.7%
    Voltas Ltd.Cons DurableEquity3.2%
    Max Financial Services Ltd.FinancialEquity3.1%
    State Bank of IndiaFinancialEquity3.0%
    MindTree Ltd.TechnologyEquity2.9%
    Page Industries Ltd.TextilesEquity2.8%
    Shriram Transport Finance Co. Ltd.FinancialEquity2.7%
    Balkrishna Industries Ltd.AutomobileEquity2.6%
    Emami Ltd.FMCGEquity2.6%
    See All

    Fund Managers

    addAnkit Jain
    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 Equirius 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.
    Funds Managed

    Other Details

    Mirae Asset Midcap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was introduced to investors on 28 Jul 2019. Ankit Jain is the Current Fund Manager of Mirae Asset Midcap Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹846 Cr and the Latest NAV as of 18 Oct 2019 is ₹10.72.

    The Mirae Asset Midcap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year..

    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.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹5000
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year.
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    29 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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