Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

Equity
Mid Cap
Moderately High Risk
82.37%
1Y return
+0.27% 1D
1M
6M
1Y
All
NAV: 21 Sep 2021₹20.95
Min. SIP amount₹1,000
Rating3star
Fund size₹6,195.20 Cr

Returns and rankings

Category: Equity Mid Cap
Absolute returns
3M6M1YAll
Fund returns12.2%28.0%82.4%109.5%
Category averageNANA72.8%NA
Rank with in category14112NA
Understand termsinfo

Holdings (52)

NameSectorInstrumentAssets
FinancialEquity3.7%
FinancialEquity3.6%
EngineeringEquity3.6%
MetalsEquity3.5%
State Bank of India
FinancialEquity3.2%
TechnologyEquity3.2%
DiversifiedEquity3.1%
Consumer DurableEquity3.0%
CommunicationEquity2.7%
Shriram Transport Finance Company Ltd.
FinancialEquity2.7%
See All

Pros and cons

info
Category: Equity Mid Cap
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Pros

Lower expense ratio - 0.46%
1Y Returns are higher than the category average returns
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Cons

Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
Age is less than 5 years

Expense ratio, exit load and tax

Expense ratio: 0.49%

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 termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Ankit Jain
Jul 2019 - Present
View details
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Fund house & investment objective

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Fund house contact details

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