Mirae Asset Midcap Fund Direct Growth

Equity
Mid Cap
Moderately High Risk
24.62%
3Y annualised
+0.41% 1D
1M
6M
1Y
3Y
All
NAV: 28 Mar 2024₹31.94
Min. SIP amount₹500
Rating3
Fund size₹14,536.22Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA48.5%24.6%28.2%
Category averageNA52.3%23.4%NA
Rank with in categoryNA2711NA
Understand terms

Holdings (71)

NameSectorInstrumentAssets
FinancialEquity3.49%
HealthcareEquity3.07%
ServicesEquity2.59%
FinancialEquity2.52%
CommunicationEquity2.50%
FinancialEquity2.49%
ConstructionEquity2.43%
ServicesEquity2.36%
FinancialEquity2.32%
EnergyEquity2.29%
See All

Pros and cons

Category: Equity Mid Cap

Pros

Cons

Lower expense ratio: 0.62%
1Y annualised returns lower than category average by 3.73%
3Y annualised returns higher than category average by 1.18%

Expense ratio, exit load and tax

Expense ratio: 0.62%

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₹500

Fund management

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NA
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,

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