Mirae Asset Midcap Fund Direct Growth

Equity
Mid Cap
Moderately High Risk
01234567890123456789.01234567890123456789%
3Y annualised
-0.78% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Mar 2025₹33.67
Min. SIP amount₹99
Rating2
Fund size₹13,830.67Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
1 year
3 years
5 years
Total investment of ₹60,000
Would have become ₹56,608 (-5.65%)

Holdings (78)

NameSectorInstrumentAssets
FinancialEquity3.20%
HealthcareEquity2.86%
FinancialEquity2.53%
ServicesEquity2.44%
TechnologyEquity2.43%
HealthcareEquity2.37%
FinancialEquity2.28%
FinancialEquity2.22%
HealthcareEquity2.14%
ServicesEquity2.11%
FinancialEquity2.06%
CommunicationEquity2.05%
EnergyEquity1.98%
DiversifiedEquity1.95%
ConstructionEquity1.89%
EnergyEquity1.85%
ServicesEquity1.84%
HealthcareEquity1.82%
InsuranceEquity1.81%
HealthcareEquity1.75%
Consumer DiscretionaryEquity1.73%
Capital GoodsEquity1.69%
CommunicationEquity1.62%
AutomobileEquity1.59%
Consumer StaplesEquity1.56%
FinancialEquity1.53%
TechnologyEquity1.37%
AutomobileEquity1.35%
Metals & MiningEquity1.33%
Consumer StaplesEquity1.33%
Metals & MiningEquity1.31%
HealthcareEquity1.29%
ServicesEquity1.29%
FinancialEquity1.28%
Capital GoodsEquity1.25%
AutomobileEquity1.23%
Capital GoodsEquity1.22%
ChemicalsEquity1.19%
TechnologyEquity1.19%
Consumer DiscretionaryEquity1.18%
Capital GoodsEquity1.13%
Capital GoodsEquity1.13%
Consumer StaplesEquity1.10%
Metals & MiningEquity1.07%
AutomobileEquity1.06%
ConstructionEquity1.00%
HealthcareEquity0.96%
ConstructionEquity0.95%
ChemicalsEquity0.95%
TechnologyEquity0.93%
Consumer StaplesEquity0.93%
InsuranceEquity0.92%
ServicesEquity0.91%
ServicesEquity0.90%
AutomobileEquity0.89%
Capital GoodsEquity0.89%
Consumer DiscretionaryEquity0.88%
EnergyEquity0.87%
EnergyEquity0.87%
FinancialEquity0.83%
ConstructionEquity0.81%
ConstructionEquity0.77%
Consumer StaplesEquity0.76%
ServicesEquity0.67%
FinancialEquity0.62%
ConstructionEquity0.59%
ServicesEquity0.56%
TechnologyEquity0.53%
ConstructionEquity0.52%
ServicesEquity0.46%
AutomobileEquity0.46%
ChemicalsEquity0.45%
AutomobileEquity0.44%
EnergyEquity0.39%
Capital GoodsEquity0.29%
Consumer StaplesEquity0.26%
FinancialEquity0.21%
TextilesEquity0.13%
See All

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹99

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.2%16.9%32.5%23.9%
Category average9.4%19.1%31.1%NA
Rank with in category372411NA
Understand terms

Peer Comparison

Equity, Mid Cap fundsRating1Y3YFund Size(Cr)
5
20.0%29.7%23,703.68
5
12.2%25.2%67,578.59
4
14.9%23.7%30,276.31
4
16.1%20.2%43,941.48
4
10.9%19.2%19,391.73

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

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,

Pros and cons

Category: Equity Mid Cap

Pros

Lower expense ratio: 0.6%
5Y annualised returns higher than category average by 1.37%

Cons

Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 2

Compare funds

Mirae Asset Midcap Fund Direct Growth
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MONTHLY SIP
ONE-TIME
SIP Amount
₹
Monthly SIP Date
1st
Next SIP instalment on 27 of Mar
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