Mirae Asset Midcap Fund Direct Growth

Equity
Mid Cap
Moderately High Risk
15.80%
3Y annualised
+1.80% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 Jan 2025₹35.30
Min. SIP amount₹99
Rating3
Fund size₹17,787.87Cr

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
1Y3Y5YAll
Fund returns10.4%15.8%24.7%25.9%
Category average15.9%17.2%24.0%NA
Rank with in category402313NA
Understand terms

Peer Comparison

Equity, Mid Cap fundsRating1Y3YFund Size(Cr)
5
36.4%30.1%18,604.02
5
18.9%24.0%77,682.90
4
18.0%22.0%35,208.97
4
30.5%21.6%5,903.85
4
24.1%19.8%52,626.72

Holdings (82)

NameSectorInstrumentAssets
HealthcareEquity2.75%
FinancialEquity2.66%
FinancialEquity2.55%
ServicesEquity2.48%
ServicesEquity2.43%
TechnologyEquity2.42%
HealthcareEquity2.25%
CommunicationEquity2.14%
FinancialEquity2.12%
EnergyEquity2.12%
Capital GoodsEquity2.06%
CommunicationEquity2.01%
HealthcareEquity1.89%
TechnologyEquity1.87%
FinancialEquity1.79%
HealthcareEquity1.79%
AutomobileEquity1.78%
ConstructionEquity1.76%
EnergyEquity1.69%
AutomobileEquity1.68%
DiversifiedEquity1.63%
ServicesEquity1.57%
InsuranceEquity1.56%
HealthcareEquity1.54%
FinancialEquity1.53%
ServicesEquity1.41%
Consumer DiscretionaryEquity1.38%
TechnologyEquity1.38%
Capital GoodsEquity1.26%
HealthcareEquity1.25%
Consumer StaplesEquity1.24%
Metals & MiningEquity1.18%
Consumer DiscretionaryEquity1.14%
Consumer DiscretionaryEquity1.14%
Metals & MiningEquity1.13%
ServicesEquity1.13%
Consumer StaplesEquity1.12%
Metals & MiningEquity1.12%
Capital GoodsEquity1.12%
FinancialEquity1.11%
ConstructionEquity1.04%
Capital GoodsEquity1.03%
AutomobileEquity1.01%
ChemicalsEquity0.98%
EnergyEquity0.97%
EnergyEquity0.96%
ConstructionEquity0.95%
TechnologyEquity0.95%
AutomobileEquity0.93%
AutomobileEquity0.91%
ConstructionEquity0.91%
HealthcareEquity0.90%
TextilesEquity0.89%
ServicesEquity0.88%
AutomobileEquity0.88%
InsuranceEquity0.87%
Consumer StaplesEquity0.85%
Metals & MiningEquity0.80%
ChemicalsEquity0.78%
Consumer StaplesEquity0.78%
Capital GoodsEquity0.76%
AutomobileEquity0.75%
HealthcareEquity0.74%
ConstructionEquity0.73%
FinancialEquity0.72%
ServicesEquity0.70%
AutomobileEquity0.70%
TechnologyEquity0.65%
TextilesEquity0.64%
ChemicalsEquity0.62%
ConstructionEquity0.60%
ConstructionEquity0.59%
Capital GoodsEquity0.57%
ChemicalsEquity0.56%
FinancialEquity0.48%
ServicesEquity0.41%
EnergyEquity0.39%
Consumer StaplesEquity0.37%
HealthcareEquity0.37%
ChemicalsEquity0.36%
FinancialEquity0.33%
Capital GoodsEquity0.33%
See All

Pros and cons

Category: Equity Mid Cap

Pros

Lower expense ratio: 0.6%
5Y annualised returns higher than category average by 0.73%

Cons

Consistently lower annualised returns than category average for the past 1Y and 3Y

Expense ratio, exit load and tax

Expense ratio: 0.60%

Inclusive of GST

Exit load

Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 years.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 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₹99

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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