Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

+16.39%
3Y annualised
+0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Sep '26
₹43.98
Min. for SIP
₹99
Fund size (AUM)
₹20,891.69 Cr
Expense ratio
0.94%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹31,376
+4.59%
1 year₹60,000₹63,859
+6.43%
3 years₹1,80,000₹2,15,525
+19.74%
5 years₹3,00,000₹4,49,508
+49.84%

Holdings (68)

NameSectorInstrumentsAssets
Laurus Labs LtdHealthcareEquity4.03%
Steel Authority Of India LtdMaterialsEquity3.54%
Lupin LtdHealthcareEquity3.26%
Indusind Bank LtdFinancialEquity3.18%
Persistent Systems LtdTechnologyEquity3.13%
PB Fintech LtdFinancialEquity3.02%
HDB FINANCIAL SERVICES LIMITED EQFinancialEquity2.97%
Delhivery LtdIndustrialsEquity2.88%
Dixon Technologies (India) LtdConsumer DiscretionaryEquity2.82%
Bharat Forge LtdConsumer DiscretionaryEquity2.75%
Hero Motocorp LtdConsumer DiscretionaryEquity2.62%
Dalmia Bharat LtdMaterialsEquity2.62%
One 97 Communications LtdIndustrialsEquity2.55%
Swiggy Ltd.TechnologyEquity2.47%
Tata Communications LtdTechnologyEquity2.45%
Axis Bank LtdFinancialEquity2.30%
Prestige Estates Projects LtdReal EstateEquity2.18%
Narayana Hrudayalaya LtdHealthcareEquity2.13%
L&T Finance Holdings LtdFinancialEquity2.05%
The Federal Bank LtdFinancialEquity2.03%
Vedanta Aluminium Metal LtdMaterialsEquity1.98%
Max Financial Services LtdFinancialEquity1.82%
Bharat Heavy Electricals LtdIndustrialsEquity1.67%
Gland Pharma LtdHealthcareEquity1.67%
PI Industries LtdMaterialsEquity1.58%
Indian BankFinancialEquity1.57%
Container Corporation Of India LtdIndustrialsEquity1.56%
FSN E-Commerce Ventures LtdConsumer DiscretionaryEquity1.54%
3M India LtdDiversifiedEquity1.49%
SKF India (Industrial) LtdIndustrialsEquity1.40%
Ceat LtdConsumer DiscretionaryEquity1.40%
Tata Power Company LtdEnergy & UtilitiesEquity1.39%
BSE LtdFinancialEquity1.37%
SRF LtdMaterialsEquity1.29%
Mankind Pharma Ltd.HealthcareEquity1.27%
Multi Commodity Exchange Of India LtdFinancialEquity1.25%
Voltas LtdIndustrialsEquity1.24%
Billionbrains Garage Ventures Ltd.FinancialEquity1.24%
Go Digit General Insurance Ltd.FinancialEquity1.17%
Vishal Mega Mart Ltd.Consumer StaplesEquity1.11%
Bata India LtdConsumer DiscretionaryEquity0.98%
Schaeffler India LtdIndustrialsEquity0.93%
Phoenix Mills LtdReal EstateEquity0.92%
Century Plyboards (India) LtdMaterialsEquity0.90%
Gujarat Gas LtdEnergy & UtilitiesEquity0.85%
Lenskart Solutions Ltd.Consumer DiscretionaryEquity0.85%
Aditya Birla Capital LtdFinancialEquity0.84%
KFin Technologies LtdFinancialEquity0.83%
Gujarat Fluorochemicals LtdMaterialsEquity0.82%
RepoUnspecifiedRepo0.80%
Hindustan Petroleum Corporation LtdEnergy & UtilitiesEquity0.79%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity0.78%
Hindustan Aeronautics LtdIndustrialsEquity0.69%
Crompton Greaves Consumer Electricals LtdConsumer DiscretionaryEquity0.67%
Oil India LtdEnergy & UtilitiesEquity0.62%
Milky Mist Dairy Food Ltd.Consumer StaplesEquity0.50%
TeamLease Services LtdIndustrialsEquity0.48%
SKF India LtdIndustrialsEquity0.47%
Alkem Laboratories LtdHealthcareEquity0.39%
Net ReceivablesUnspecifiedNet Receivables0.36%
Jyothy Labs LtdConsumer StaplesEquity0.33%
Prince Pipes & Fittings LtdIndustrialsEquity0.31%
Jyoti CNC Automation Ltd.IndustrialsEquity0.25%
Ola Electric Mobility Ltd.Consumer DiscretionaryEquity0.23%
Mirae Asset Liquid Fund Direct- GrowthUnspecifiedMutual Fund0.18%
GSPL Transmission Ltd.Energy & UtilitiesEquity0.14%
Manipal Health Enterprises LtdHealthcareEquity0.07%
Mirae Asset Money Market Fund Direct - GrowthUnspecifiedMutual Fund0.05%
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+8.2%+16.4%+16.0%+23.0%
Category average (Equity Mid Cap)+5.7%+16.3%+15.8%+18.7%
Rank (Equity Mid Cap)101913--

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

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 ₹2,43,129 Cr and the Latest NAV as of 21 Sep 2026 is ₹43.98. 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₹2,43,129.00 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,