Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

+18.97%
3Y annualised
-1.24% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Jul '26
₹43.03
Min. for SIP
₹99
Fund size (AUM)
₹19,542.56 Cr
Expense ratio
0.90%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹32,013
+6.71%
1 year₹60,000₹64,392
+7.32%
3 years₹1,80,000₹2,18,737
+21.52%
5 years₹3,00,000₹4,54,669
+51.56%

Holdings (68)

NameSectorInstrumentsAssets
Laurus Labs LtdHealthcareEquity3.67%
Lupin LtdHealthcareEquity3.42%
Indusind Bank LtdFinancialEquity3.20%
Tata Communications LtdTechnologyEquity3.08%
Bharat Forge LtdConsumer DiscretionaryEquity3.00%
Hero Motocorp LtdConsumer DiscretionaryEquity2.93%
HDB FINANCIAL SERVICES LIMITED EQFinancialEquity2.86%
The Federal Bank LtdFinancialEquity2.85%
Delhivery LtdIndustrialsEquity2.83%
FSN E-Commerce Ventures LtdConsumer DiscretionaryEquity2.81%
PB Fintech LtdFinancialEquity2.81%
Steel Authority Of India LtdMaterialsEquity2.79%
Bharat Heavy Electricals LtdIndustrialsEquity2.69%
Dalmia Bharat LtdMaterialsEquity2.48%
Prestige Estates Projects LtdReal EstateEquity2.38%
Swiggy Ltd.TechnologyEquity2.26%
Gland Pharma LtdHealthcareEquity2.15%
Dixon Technologies (India) LtdConsumer DiscretionaryEquity2.09%
Multi Commodity Exchange Of India LtdFinancialEquity2.08%
Persistent Systems LtdTechnologyEquity1.99%
Narayana Hrudayalaya LtdHealthcareEquity1.95%
L&T Finance Holdings LtdFinancialEquity1.93%
One 97 Communications LtdIndustrialsEquity1.81%
Max Financial Services LtdFinancialEquity1.68%
Aditya Birla Capital LtdFinancialEquity1.62%
Go Digit General Insurance Ltd.FinancialEquity1.57%
Container Corporation Of India LtdIndustrialsEquity1.55%
Ceat LtdConsumer DiscretionaryEquity1.52%
PI Industries LtdMaterialsEquity1.51%
Lenskart Solutions Ltd.Consumer DiscretionaryEquity1.50%
SRF LtdMaterialsEquity1.47%
BSE LtdFinancialEquity1.40%
3M India LtdDiversifiedEquity1.38%
Tata Power Company LtdEnergy & UtilitiesEquity1.32%
Gujarat Fluorochemicals LtdMaterialsEquity1.27%
SKF India (Industrial) LtdIndustrialsEquity1.18%
Axis Bank LtdFinancialEquity1.16%
Billionbrains Garage Ventures Ltd.FinancialEquity1.13%
RepoUnspecifiedRepo1.10%
Mankind Pharma Ltd.HealthcareEquity1.02%
Phoenix Mills LtdReal EstateEquity1.00%
Oil India LtdEnergy & UtilitiesEquity0.99%
Gujarat Gas LtdEnergy & UtilitiesEquity0.99%
Apollo Hospitals Enterprise LtdHealthcareEquity0.98%
Vedanta Aluminium Metal LtdMaterialsEquity0.98%
Bata India LtdConsumer DiscretionaryEquity0.96%
Oracle Financial Services Software LtdTechnologyEquity0.94%
Hindustan Petroleum Corporation LtdEnergy & UtilitiesEquity0.85%
Century Plyboards (India) LtdMaterialsEquity0.83%
Voltas LtdIndustrialsEquity0.73%
TeamLease Services LtdIndustrialsEquity0.67%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity0.66%
Hindustan Aeronautics LtdIndustrialsEquity0.63%
Schaeffler India LtdIndustrialsEquity0.57%
HDFC Asset Management Company LtdFinancialEquity0.55%
SKF India LtdIndustrialsEquity0.54%
Macrotech Developers LtdReal EstateEquity0.53%
Polycab India LtdIndustrialsEquity0.50%
Jyothy Labs LtdConsumer StaplesEquity0.46%
Crompton Greaves Consumer Electricals LtdConsumer DiscretionaryEquity0.42%
Pine Labs Ltd.TechnologyEquity0.37%
Prince Pipes & Fittings LtdIndustrialsEquity0.32%
Campus Activewear LtdConsumer DiscretionaryEquity0.29%
Net ReceivablesUnspecifiedNet Receivables0.27%
Ola Electric Mobility Ltd.Consumer DiscretionaryEquity0.26%
Mirae Asset Liquid Fund Direct- GrowthUnspecifiedMutual Fund0.19%
Mirae Asset Money Market Fund Direct - GrowthUnspecifiedMutual Fund0.06%
AU Small Finance Bank LtdFinancialEquity0.05%
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+9.3%+19.0%+17.1%+23.4%
Category average (Equity Mid Cap)+2.0%+21.6%+21.5%--
Rank (Equity Mid Cap)81815--

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

Name1Y3YFund Size(Cr)
WhiteOak Capital Mid Cap Fund Direct Growth
WhiteOak Capital Mid Cap Fund Direct Growth
+12.90%+24.05%6,932.99
Edelweiss Mid Cap Direct Plan Growth
Edelweiss Mid Cap Direct Plan Growth
+7.11%+23.67%17,748.32
Nippon India Growth Mid Cap Fund Direct Growth
Nippon India Growth Mid Cap Fund Direct Growth
+7.37%+21.90%49,169.10
Sundaram Mid Cap Fund Direct Growth
Sundaram Mid Cap Fund Direct Growth
+8.67%+21.85%14,026.07
HDFC Mid Cap Fund Direct Growth
HDFC Mid Cap Fund Direct Growth
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Compare

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 ₹2,27,269 Cr and the Latest NAV as of 23 Jul 2026 is ₹43.03. 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₹2,27,268.56 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,