Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

Equity
Mid Cap
Moderately High Risk
+21.57%
3Y annualised
+0.17% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Jan '26
₹40.86
Min. SIP amount
₹99
Fund size
₹18,409.26 Cr
Expense ratio
0.57%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹66,911
+11.52%
3 years₹1,80,000₹2,35,931
+31.07%
5 years₹3,00,000₹4,83,194
+61.06%

Holdings (69)

NameSectorInstrumentsAssets
The Federal Bank Ltd.FinancialEquity3.31%
Lupin Ltd.HealthcareEquity3.25%
Bharat Forge Ltd.AutomobileEquity3.22%
Hero Motocorp Ltd.AutomobileEquity2.93%
Indusind Bank Ltd.FinancialEquity2.71%
Swiggy Ltd.ServicesEquity2.70%
Delhivery Ltd.ServicesEquity2.70%
Tata Communications Ltd.CommunicationEquity2.64%
Prestige Estates Projects Ltd.ConstructionEquity2.51%
L&T Finance Ltd.FinancialEquity2.39%
Dalmia Bharat Ltd.ConstructionEquity2.32%
Steel Authority Of India Ltd.Metals & MiningEquity2.10%
Axis Bank Ltd.FinancialEquity2.04%
HDFC Asset Management Company Ltd.FinancialEquity2.01%
Voltas Ltd.Consumer DiscretionaryEquity2.01%
PI Industries Ltd.ChemicalsEquity2.00%
Cummins India Ltd.Capital GoodsEquity1.97%
PB Fintech Ltd.ServicesEquity1.97%
Container Corporation Of India Ltd.ServicesEquity1.82%
Ceat Ltd.AutomobileEquity1.79%
Oracle Financial Services Software Ltd.TechnologyEquity1.77%
Apollo Hospitals Enterprise Ltd.HealthcareEquity1.73%
Laurus Labs Ltd.HealthcareEquity1.70%
FSN E-Commerce Ventures Ltd.ServicesEquity1.65%
Go Digit General Insurance Ltd.InsuranceEquity1.64%
Persistent Systems Ltd.TechnologyEquity1.64%
HDB Financial Services Ltd.FinancialEquity1.57%
Gland Pharma Ltd.HealthcareEquity1.57%
Max Financial Services Ltd.FinancialEquity1.52%
KPIT Technologies Ltd.TechnologyEquity1.46%
Bata India Ltd.Consumer StaplesEquity1.41%
Bharat Heavy Electricals Ltd.Capital GoodsEquity1.39%
Tata Power Company Ltd.EnergyEquity1.39%
Multi Commodity Exchange Of India Ltd.ServicesEquity1.36%
Biocon Ltd.HealthcareEquity1.34%
Syngene International Ltd.HealthcareEquity1.26%
Narayana Hrudayalaya Ltd.HealthcareEquity1.25%
UPL Ltd.ChemicalsEquity1.21%
AWL Agri Business Ltd.Consumer StaplesEquity1.19%
3M India Ltd.Consumer StaplesEquity1.11%
SKF India (Industrial) Ltd.Capital GoodsEquity1.07%
Hindustan Petroleum Corporation Ltd.EnergyEquity1.04%
Supreme Industries Ltd.ChemicalsEquity1.01%
One97 Communications Ltd.ServicesEquity1.00%
Gujarat Gas Ltd.EnergyEquity0.99%
SRF Ltd.ChemicalsEquity0.99%
LIC Housing Finance Ltd.FinancialEquity0.98%
Aditya Birla Capital Ltd.FinancialEquity0.95%
Pine Labs Ltd.FinancialEquity0.94%
The Phoenix Mills Ltd.ConstructionEquity0.90%
Gujarat State Petronet Ltd.EnergyEquity0.90%
Indus Towers Ltd.CommunicationEquity0.90%
Aurobindo Pharma Ltd.HealthcareEquity0.84%
MRF Ltd.AutomobileEquity0.82%
Jyothy Labs Ltd.Consumer StaplesEquity0.76%
Century Plyboards (India) Ltd.Consumer StaplesEquity0.61%
Interglobe Aviation Ltd.ServicesEquity0.60%
Campus Activewear Ltd.Consumer StaplesEquity0.57%
SKF India Ltd.Capital GoodsEquity0.55%
TeamLease Services Ltd.ServicesEquity0.54%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity0.49%
Gujarat Fluorochemicals Ltd.ChemicalsEquity0.49%
Schaeffler India Ltd.Capital GoodsEquity0.42%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.41%
Ola Electric Mobility Ltd.AutomobileEquity0.40%
AU Small Finance Bank Ltd.FinancialEquity0.39%
Prince Pipes and Fittings Ltd.ChemicalsEquity0.31%
Mirae Asset Liquid Fund Direct- GrowthNAMutual Fund0.20%
NRB Bearings Ltd.Capital GoodsEquity0.05%
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+14.3%+21.6%+21.7%+24.3%
Category average (Equity Mid Cap)+2.0%+21.6%+21.5%--
Rank (Equity Mid Cap)22911--

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)
Edelweiss Mid Cap Direct Plan Growth
Edelweiss Mid Cap Direct Plan Growth
+9.05%+27.46%13,650.47
WhiteOak Capital Mid Cap Fund Direct Growth
WhiteOak Capital Mid Cap Fund Direct Growth
+12.02%+27.44%4,447.55
HDFC Mid Cap Fund Direct Growth
HDFC Mid Cap Fund Direct Growth
+12.46%+26.18%92,641.55
Motilal Oswal Midcap Fund Direct Growth
Motilal Oswal Midcap Fund Direct Growth
-3.08%+25.68%36,880.18
JM Midcap Fund Direct Growth
JM Midcap Fund Direct Growth
+2.68%+25.44%1,178.20
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 ₹2,28,206 Cr and the Latest NAV as of 16 Jan 2026 is ₹40.86. The Mirae Asset Midcap Fund Direct Growth is rated Moderately 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₹2,28,206.30 Cr
Date of Incorporation30 Nov 2007
Phone022-67800301 / 1800-2090-777
E-mailNA
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,