Mirae Asset Midcap Fund Direct Growth-0.26%

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

Fund Details

Mirae Asset Midcap Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.41%
NAV11.77 (21 Jan 2020)
Fund Started28 Jul 2019
Fund Size1,388 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Midcap Fund Direct Growth
NA
NA
NA
17.7%
Category Average
13.1%
12.2%
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
    0
    with 33.5% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    Federal Bank Ltd.FinancialEquity4.2%
    Tata Chemicals Ltd.ChemicalsEquity3.6%
    Page Industries Ltd.TextilesEquity3.0%
    Voltas Ltd.Cons DurableEquity2.9%
    State Bank of IndiaFinancialEquity2.9%
    ICICI Bank Ltd.FinancialEquity2.8%
    Muthoot Finance Ltd.FinancialEquity2.7%
    MindTree Ltd.TechnologyEquity2.7%
    Max Financial Services Ltd.FinancialEquity2.6%
    Axis Bank Ltd.FinancialEquity2.5%
    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 ₹1,388 Cr and the Latest NAV as of 21 Jan 2020 is ₹11.77.

    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
    ₹1000
    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
    30 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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