Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

+19.99%
3Y annualised
+1.42% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 09 Jun '26
₹40.93
Min. for SIP
₹99
Fund size (AUM)
₹18,387.66 Cr
Expense ratio
1.22%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹30,674
+2.25%
1 year₹60,000₹61,951
+3.25%
3 years₹1,80,000₹2,13,983
+18.88%
5 years₹3,00,000₹4,42,175
+47.39%

Holdings (68)

NameSectorInstrumentsAssets
Indusind Bank LtdFinancialEquity3.74%
Bharat Forge LtdConsumer DiscretionaryEquity3.49%
Lupin LtdHealthcareEquity3.47%
Steel Authority Of India LtdMaterialsEquity3.15%
Delhivery LtdIndustrialsEquity3.12%
Laurus Labs LtdHealthcareEquity2.88%
Bharat Heavy Electricals LtdIndustrialsEquity2.82%
Tata Communications LtdTechnologyEquity2.72%
The Federal Bank LtdFinancialEquity2.63%
PB Fintech LtdFinancialEquity2.57%
Dalmia Bharat LtdMaterialsEquity2.57%
Oracle Financial Services Software LtdTechnologyEquity2.47%
Swiggy Ltd.TechnologyEquity2.37%
Hero Motocorp LtdConsumer DiscretionaryEquity2.30%
HDB FINANCIAL SERVICES LIMITED EQFinancialEquity2.30%
FSN E-Commerce Ventures LtdConsumer DiscretionaryEquity2.29%
Prestige Estates Projects LtdReal EstateEquity2.29%
Dixon Technologies (India) LtdConsumer DiscretionaryEquity2.16%
PI Industries LtdMaterialsEquity1.97%
L&T Finance Holdings LtdFinancialEquity1.97%
Multi Commodity Exchange Of India LtdFinancialEquity1.91%
HDFC Asset Management Company LtdFinancialEquity1.83%
Container Corporation Of India LtdIndustrialsEquity1.76%
SRF LtdMaterialsEquity1.74%
Narayana Hrudayalaya LtdHealthcareEquity1.73%
Aditya Birla Capital LtdFinancialEquity1.70%
Gland Pharma LtdHealthcareEquity1.69%
One 97 Communications LtdIndustrialsEquity1.67%
RepoUnspecifiedRepo1.63%
Ceat LtdConsumer DiscretionaryEquity1.60%
Go Digit General Insurance Ltd.FinancialEquity1.60%
Voltas LtdIndustrialsEquity1.58%
Persistent Systems LtdTechnologyEquity1.50%
3M India LtdDiversifiedEquity1.46%
Apollo Hospitals Enterprise LtdHealthcareEquity1.45%
Axis Bank LtdFinancialEquity1.34%
Phoenix Mills LtdReal EstateEquity1.34%
Oil India LtdEnergy & UtilitiesEquity1.13%
Gujarat Fluorochemicals LtdMaterialsEquity1.08%
Bata India LtdConsumer DiscretionaryEquity1.08%
Max Financial Services LtdFinancialEquity1.04%
SKF India (Industrial) LtdIndustrialsEquity0.96%
Mankind Pharma Ltd.HealthcareEquity0.95%
Schaeffler India LtdIndustrialsEquity0.92%
Tata Power Company LtdEnergy & UtilitiesEquity0.85%
Gujarat State Petronet LtdEnergy & UtilitiesEquity0.84%
Jyothy Labs LtdConsumer StaplesEquity0.76%
Polycab India LtdIndustrialsEquity0.75%
UPL LtdMaterialsEquity0.75%
Macrotech Developers LtdReal EstateEquity0.71%
Biocon LtdHealthcareEquity0.66%
Hindustan Aeronautics LtdIndustrialsEquity0.66%
TeamLease Services LtdIndustrialsEquity0.61%
Century Plyboards (India) LtdMaterialsEquity0.60%
SKF India LtdIndustrialsEquity0.59%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity0.52%
Hindustan Petroleum Corporation LtdEnergy & UtilitiesEquity0.50%
Pine Labs Ltd.TechnologyEquity0.49%
Crompton Greaves Consumer Electricals LtdConsumer DiscretionaryEquity0.44%
Campus Activewear LtdConsumer DiscretionaryEquity0.41%
Gujarat Gas LtdEnergy & UtilitiesEquity0.41%
MRF LtdConsumer DiscretionaryEquity0.37%
Prince Pipes & Fittings LtdIndustrialsEquity0.31%
Net ReceivablesUnspecifiedNet Receivables0.26%
Ola Electric Mobility Ltd.Consumer DiscretionaryEquity0.23%
Mirae Asset Liquid Fund Direct- GrowthUnspecifiedMutual Fund0.20%
Mirae Asset Money Market Fund Direct - GrowthUnspecifiedMutual Fund0.06%
AU Small Finance Bank LtdFinancialEquity0.05%
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+5.5%+20.0%+17.0%+22.8%
Category average (Equity Mid Cap)+2.0%+21.6%+21.5%--
Rank (Equity Mid Cap)72519--

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 ₹2,23,763 Cr and the Latest NAV as of 09 Jun 2026 is ₹40.93. 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₹2,23,763.22 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,